boeing and nord have given me opportunities to serve and bring people together. and along the way, i have learned that bringing people together to work together for the greater good has another side benefit. that i personally find very, very compelling. when we spend time together, we can realize that we have more in common than we are different. and when we realize that we are basically the same, we also have the opportunity to realize that we can live and work together in peace. and for me, that is a most compelling vision. now it's time for you to begin your journey, to begin to define what follow your passion 2.0 means to you. the world you're entering is filled with challenges. and opportunities. it's up to you to turn them into gems. pursue the things that matter to you with great passion. be open and be flexible. and willing to learn even if the lesson is a hard one. bring people together and work together for something bigger than yourself. life is unpredictable, but the journey is phenomenal. embrace it and enjoy it. so my goal today was to make my remar

why shouldn't we have our own boeing, in addition to buying all these boeing planes? it's one of the frontiers where they're saying we'd like to be something more than low-wage assembly workers. we'd like the brands, the design themselves. >> rose: the whole notion of changing their economy from an exporting economy to a domestic demand economy and having people who can afford to buy those things would be their own way of sustaining china. >> exactly. and if you-- i was in shanghai just a couple of days ago for a clean energy conference, and it's still amazing the degree of one form of effort and progress there is in china that just is building everywhere. every place there's some 60-story building or some new resort in the middle of nowhere with no customers but it's keeping people employed when they're building it. and i think people recognize that only goes so far. it trains construction workers and people playing laying cement, things like that. it doesn't really take the next step towards being a genuinelily rich country. here's a way to think of it. rich countri

and this is the the head of boeing. is this grounding jobs right now? >> it is. it is not just boeing which was heckled by the administration for trying to open up the plant in south carolina to make the 787. it is every ceo from small businesses and to the large. on the margin, they are just not investing as much as possible and not hiring as much as possible. they are kind of in a soft employer trike is what we are seeing because of the uncertainty of all of the regulations and it is taking two points off of the economy. and we are having a two percent growth of economy. >> mike, does it have that much affect on the economy? >> a study by the heritage administration pointed out in president obama's first few years they extracted on average 46 billion out of the economy and almost five times as much as his predecessor costs with new regulations . people have to remember it is not the number of regulations the administration imposes, it is how big of an impact. obama care and dodd-frank. together they can impact 30 percent of the economy. >> dodd-frank. we saw th

airbus's a-320 outsells the boeing 737. the a320 long been the power horse for airbus and looking at shares see an interesting split here. year to late airbus up. look at the split of boeing and airbus. this is the parent. in the last six months, really been a split here, tyler, with eads up and boeing slightly negative. tyler? >> phil, thank you very much. >>> after the supreme court upheld the president's health care plan, what is next for the gop? and really for the country. as this law, this law begins to take effect. representative tom price of georgia is a republican and he is also a physician. congressman price, welcome. good to see you, sir. >> thank you. >> terrific. we had on just a few moments as you may know chris van hollen from the other side, democrat of maryland. he says this is whatever the supreme court says, not really a tax. the extent of individuals to buy health care coverage, what is really at work here is forcing those individuals to take personal responsibility for their health care, join in to the

now, airplane maker boeing saw some lift after an investment firm said boeing is making its dreamliner planes faster than anticipated. shares jumped 3.5%, rising to a one-month high. the dreamliner was delayed coming to market and has experienced production delays, but investment company sanford bernstein is optimistic about the rate of production. just yesterday, boeing announced plans to sell 1,000 jets this year, a target that wod make it the plane maker in the world after losing that title last year to airbus. the move of technology companies toward paying shareholders continues. after the close tonight, dell said it would begin paying a quarterly dividend. dell will begin paying eight cents per share per quarter. at tonight's closing price, that gives the stock a 2.7% yield. it may be a ray of sunshine for beleaguered dell shareholders. shares hit a 52-week low during the session today before finishing up about 1% to just below $12 per share. with tonight's dividend announcement, the stock rallied another 3% from this closing number in after hours action. another tech stock that h

is boeing's legacy here in wichita? >> well, they have a huge legacy here. i mean alt their height during world war ii, they were employing 40,000 people. they built whole neighborhoods, like plainview, that's just a mile or so from here and they built those specifically for their workers. so they have a huge legacy here. they've been a supporter of the community for years and years. sad that they're leaving, but you know, we've had a good run with the company. >> whenever there's a downturn in the economy like there has been recently in 2009 and moving forward, some 10,000 or 12,000 people laid off and the unemployment ranks go up, so it becomes very challenging. the thing that people in this community understand is -- because they've lived through it, through lots of those cycles of the ups and downs of the economy is they understand that that's going to happen. i'm not saying it doesn't hurt, but they know that that's going to happen, and i think people here prepare for it in terms of the psychology of it, and they k

will the 787 be a dream for boeing? analyst at oppenheimer joins us. welcome to the show. >> thank you. >> all about 787? >> it is all about 787. it's been a lot of years of disappointment around that program. it looks like it's finally kicking into gear. >> can they actually turn out enough to make that program profitable? >> it looks that way. they have a backlog of 800 planes. that should keep them busy for well over seven years based on orders today. what's more important, production appears to be finally kicking in. as of two weeks ago they started producing these things off the production line without having to send the planes into a secondary hangar to fix all the things that couldn't get done the first time through. now that that's happening, a chance to work down the cost curve, increase production and start generating cash in the coming years. >> where does the global economy factor into all of this, whether talking about the emerging markets, china or you obviously know is taking place in europe? >> right. if you look historically at commerc

what would you suggest i do with boeing? buy more, sell or just hold on to it? >> stephanie link and i have been puzzling over the same thing. we want to buy more and get even bigger. they're having a gigantic air show in july. i think they'll announce a huge number of orders. i say you stay in boeing and at $68 buy more. let's go to stafford in oregon, please. stafford. >> caller: hey, jim, how you doing today? >> real fine. how about you, partner? >> caller: good, thanks. my question is with the price of gas going down, will this be a positive for transportation stocks? >> it depends very much. a lot of them have what's known as a fuel surcharge. trucking companies in particular, but so do railroads. that means they aren't as levered to it as you would think. the airlines, however, do. but you know what, last time i looked, hades has not frozen over. when it really gets down there, i may actually recommend the airline stocks. let go to marissa in arizona. >> caller: hola, jim. what do you think of amazon coming out with a new kindle soon? >> i'm so glad you as

boeing has other things, backup orders and defense contract. we're not cutting back defense if romney or obama wins. i think boeing has things going for them. >> we are cutting back in defense if those forced cuts go in place. >> i'm still banking they will not. if romney gets in, we're certainly not going to cut back in defense. we can't let soldiers twist in the wind. we have several things going on that won't precipitate in that. >> you have your opinion and i do, too. we'll be back in two minutes. >>> the >>> the crossover, we have the technology to rebuild it. sky active technology makes it better than it was before, with the best highway mpg of any suv, even hybrids. the all new mazda cx 5 will be that crossover. ♪ [ laughter ] ♪ [ female announcer ] each one of us is our own boss. ♪ and no matter where you are in life, ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>> back above the 1600 mark this morning and prices are closing right now. tracking the action. encouraged by what's

. >> a big day for lufthansa and boeing. turns itstreet the may jobs report. now linda bell in new york. >> good morning. we do have stock-index futures indicating a lower open. all eyes will be on the may jobs report from the labor department economists. are forecasting it will show an hiring following disappointing report showed the smallest gains .n six months job growth is a key issue in. the jobless rate in d.c. is at 8.3% as of april. that is way down from the ofvious month's reading 9.9%. lufthansa conducting the world's first patches of dirt flight ever. jet from boeing is arriving in dulles from frankfurt. and some free doughnuts. tell you where to get them. living social wants you to get on concerts and other events. those details in the next hour. now, that's business news at bloomberg headquarters in new york. linda bell reporting for abc 7 news. back to you. >> thank you. 4:37 right now. important traffic alerts including a water main break in northwest d.c. you can expect for the morning commute. on a metro worker injured during an accident near

boeing experts are helping nigerian authorities investigate the cause of the crash. two years ago, the same m.d. 83 aircraft lost engine power due to a bird strike. alaska airlines used the plane for 20 years before the company bought it two years ago. >>> the crash is the worst air did i caster in nigeria in nearly two decades. a new report says facebook may lift its ban on youngsters under 13 years old. the wall street journal says the social media site is developing special new features for kids pages. it would allow parents to control who their kids friend. many youngsters already lie about their age in order to get access to facebook. >>> a wreath laying today commemorated the 70th anniversary of the historic battle. it was part of the united states navy memorial in downtown washington. the battle of midway is widely regarded as the most important navy campaign of the pacific campaign of world war ii. several survivors of the battle were on hand for today's ceremony. >>> caught on tape, a runaway baby stroller. a garbage truck driver sprang into action when he s

we have been working with boeing over 50 years designing and building aircraft. for a customer conference and service, it's outfitted with an entirely new business, first, and economy class, which allows for more storage. it's a completely new experience for our passengers in first class to an hour for double the distance between you and the next passenger. a completely open space for you. with a touch of a button, the business class bed flattens out. >> where else will it go from d.c.? >> the plane is in the skies now. we expect it to arrive on time around 12:45 this afternoon and a great welcome to washington. we do have 20 aircraft on order. we are excited. we will see this on the u.s. market and other places. we have five more bees coming out later this year. stay tuned. >> we will see you soon. luck with the new venture >> . thank you so much. >> the boeing 747-8, there's more information at our website, wjla.com. mortgage rates hit a new low. there are hopes for today's jobs report. more details now from abc. >> topping america's money, signs of slower job

but the bottom line is boeing is still really weak. yes, it's hit that cluster in the 200-day moving average, which is also where technical programs would buy. >> right. >> the fact that they're not, i'm looking at citi group -- excuse me, boeing, and i could see another $6 to $7 to the downside. >> all right. let's see about this one. citi downgrading mer trade. citi citing high profile weak ipos. the ipo pipeline has been relatively weak. facebook the most notable. >> sure. >> but take a look at the individual investor in this environment. what would you do with the likes of charles schwab and t.d. mer trade? >> i'd still sell it. that analyst, that downgrade, is about 20% too late. the stock peaked at 20% above current levels. it's still printing lower highs and lower lows. that just means distribution in the market. it's too early to go back in. also, the retail investor's been out for a while. i don't see that there's any time soon that they're going to be getting back in. i'd say the same thing for charles schwab. it's got about

. >> the people of boeing are work atogether around the globe to build a better tomorrow. >> this rock has never stood estimate since 18 5 we've been there for our clients through good times and bad. when our needs changed we were there to meet them. through the years from insurance to investment management, from real estate to retirement solutions, we've developed new ideas for the financial challenges ahead. this rock has never stood still and that's one thing that will never change. prudential. >> corporate funding is also provided by norfolk southern, at&t, rethink possible. additional fundinging is provided by the annenberg foundation, the corporation for public broadcast,and by contributions to pbs stations from viewers like you. thank you. >> once again, live from washington, subs teuting for gwen ifill, john harwood of cnbc and the "new york times" -- john: good evening. the presidential campaign this week moved to florida, where both president obama and mitt romney competed for support among hispanic voters. the back drop? that group's growing influence and the president's big

prudential. >> corporate funding is also provided by boeing, norfolk southern. additional funding is provided by the annenberg foundation, the corporation for public broadcasting, and by contributions to pbs stations from viewers like you. thank you. >> trusted,

corporate funding is also provided by: boeing, norfolk southern. additional funding is also provided by the annenberg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: welcome to this week's roller coaster, or maybe it's not so welcome if you are a democrat. wisconsin republicans set the stage tuesday by fending off a vigorous attempt to recall embattled governor scott walker. both president obama and governor romney remained at arms' length from that battle, but, in victory, walker saw a lesson for both men. >> i think voters coming to the presidential election will want candidates to explain what they'll do, how they'll look out for the next generation more than just getting through this next election. that was clearly said in the election results yesterday. gwen: perhaps that's what we saw today as obama and romney engaged in long-distance battles over who is right about the economy. >> the private sector's d

and bill boeing had not done the proper research. mr. speaker, when i say proper research, after this accident and an additional accident, tom mcdonald, a test pilot, spent 700 hours trying to figure out how the v-22 responds to vortex ring state and how the pilot should respond to for vex tings rate -- ring -- vortex ring state. in fact, mr. mcdonald deserved and he earned from the test pilots association the kinsler award for finding out and figuring out what you do when a plane gets into vortex ring state. mr. speaker, these two men would not have given their life and 17 marines in the back of the plane if bill boeing had done his job and the marine corps had demanded that bill boeing understand vortex ring state and how it would impact the v-22. mr. speaker, very quickly i'm going to close in just a few nutes, but i wanted to share with the record that when the jagman said that this was not deliberate pilot error, i wrote to one of the investigators, lieutenant colonel morgan, and i asked him, how and why did you use the word deliber

research in motion, netflix and boeing are on the list. we're back in a flash. [ tires squeal, engine revs ] ♪ ♪ ♪ [ male announcer ] not everything powerful has to guzzle fuel. the 2012 e-class bluetec from mercedes-benz. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. for exceptional offers forty-five states have joined together... ...to ensure consistent academic standards across america. these internationally recognized benchmarks... ...are unlocking a better way to prepare our children for college and their careers. because when our kids do better... ...america does better. let's reach higher. let's invest in our teachers and inspire our students. let's solve this. in here, every powerful collaboration is backed by an equally powerful and secure cloud. that cloud is in the network, so it can deliver all the power of the network itself. bringing people together to develop the best ideas -- and providing the apps and computing power to make new ideas real. it's the cloud fr

boeing. united tech makes engines but they are diversified and i'm okay. boeing had a good presentation the other day. aircraft. exxon, largest oil company. uh-oh. i have one, two, three. jooint oil companies. bp and shell. royal dutch. i'm going to keep royal dutch. i like the yield. get rid of exxon and add a health care company. why not j & j? i just praised it. let's be consistent. and get rid of bp. we'll go into something like con-ed which we praised. con ed, jnj. lose a little bit of the yield but you pick up on the diversification. ♪ hallelujah >> now to avi in new york. >> caller: big chinatown boo-yah to you. a shout out to mott street. i have apple, new castle, kodiak oil and gas, at&t, netflix. >> interesting portfolio. we love chinatown. all right. real estate investment trust. that's actually a financial play. i don't really like those. i'll put it out there for the category of diversification. at&t, 52-week high. what's not to like. apple the greatest technology company of the age. kodiak, i saw an okay report. netflix. is that the same as

. >> around the globe, the people of boeing are working together to support and protect all who serve. >> that's why we're here. >> corporate funding is also provided by -- prudential financial, at&t, rethink possible. additional funding is provided by the annenberg foundation, the corporation for public broadcasting and by contributions to pbs stations from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: good evening. the president took matters into his own hands today, moving to allow noncitizen students and graduates under 30 to avoid deportation. it's a version of the dream act, which stalls in congress last year but has become for now the leading immigration issue. >> the bill hasn't really changed. the need hasn't changed. it's still the right thing to do. the only thing that has changed apparently was the politics. it makes no sense to expel talented young people who for all intents and purposes are americans. gwen: mitt romney seized on the president's admissions and his was a short-term solution. >> if i'm president, we'll do our ver