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Jan 29, 2020
01/20
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CNBC
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or b they have ordered the max. it was supposed to be delivered by now or won't be delivered by the date the total is 8.3 billion. >> for now but the clock keeps running on that, right >> no, that's the expectation. assuming it's back up mid year. >> but look at it this way, if you're an airline and you're not going to have it another six months beyond what you're expecting there's going to be more negotiations with boeing. could we possibly see a charge in q-1, q-3, whatever it might be if the cost increases sure that's a possibility but i don't think it's going to be as large as what we see them reporting for the fourth quarter. >> so you think they're being conservative with these numbers now? >> i agree with carter on that a conservative time line and conservative charges and another per month to try to derisk that. you try to get all of it in there and move forward and try to get positive news and turn the tied on this i'm not saying that they will, necessarily but that would be what you would shoot to do. >> i
or b they have ordered the max. it was supposed to be delivered by now or won't be delivered by the date the total is 8.3 billion. >> for now but the clock keeps running on that, right >> no, that's the expectation. assuming it's back up mid year. >> but look at it this way, if you're an airline and you're not going to have it another six months beyond what you're expecting there's going to be more negotiations with boeing. could we possibly see a charge in q-1, q-3, whatever...
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Jan 28, 2020
01/20
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BLOOMBERG
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max: not at all. first, i don't think it is really likely we will come to see some kind of green deal or great fiscal stimulus. there's a couple of reasons for this. germanlook at the constitution, the so-called debt break actually for bids german federal government to increase the structural deficit i more than 0.35% of gdp unless we have a technical recession. that doesn't seem on the cards now in 2020. therefore, constitutionally, it seems really hard for that to get achieved. i think the supply and demand dynamic feel favorable, so i am not overly worried about the supply. i would be not changing my outlook there for bunds. guy: a lot of investors want to rotate away from the united states. why shouldn't they? max: if you look at the macro backdrop and compare now what is going to happen in the growth environment in the next 12 months relative to the last 12 months, 12 months ago, investors were extremely scared about tightening u.s. financial conditions, that that could trigger a global recession
max: not at all. first, i don't think it is really likely we will come to see some kind of green deal or great fiscal stimulus. there's a couple of reasons for this. germanlook at the constitution, the so-called debt break actually for bids german federal government to increase the structural deficit i more than 0.35% of gdp unless we have a technical recession. that doesn't seem on the cards now in 2020. therefore, constitutionally, it seems really hard for that to get achieved. i think the...
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Jan 11, 2020
01/20
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the company says it is confident all of boeing's max simulators are functioning effectively. in december boeing announced it was pausing production of the max which isn't expected back in u.s. skies until this summer at the earliest stephanie gosk, nbc news >>> now to our nbc news investigation new alarms being raised about voting systems connected online in several states could that make them targets for hackers? nbc's cynthia mcfadden with the story. >> reporter: we've heard it at congressional hearings for years. >> our voting machines are not connected to the internet. >> those are not connected. >> voting machines themselves are not connected to the internet. >> we knew that wasn't true. >> reporter: cyber security expert skechb scoglan wanted to prove it so he and nine other independent security consultants created their own search engine looking for election systems online. >> we found over 35 had been left online and still continuing to find more. >> reporter: voting machines themselves are not designed to be online so how are some voting systems getting online we got
the company says it is confident all of boeing's max simulators are functioning effectively. in december boeing announced it was pausing production of the max which isn't expected back in u.s. skies until this summer at the earliest stephanie gosk, nbc news >>> now to our nbc news investigation new alarms being raised about voting systems connected online in several states could that make them targets for hackers? nbc's cynthia mcfadden with the story. >> reporter: we've heard it...
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Jan 21, 2020
01/20
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also boeing and this delay getting 737 max, if ever, now pushed back to june or july. that is coming as the company weighing on the stock, big dow component, contributing to a big selloff. to charles payne. charles: good afternoon, neil. thank you very much. i'm charles payne this is "making money." breaking at this moment, president trump saying i told you saw the global elite at davos what i'm calling his greatest economic speech next. how his populist message is and the leaders are struggling to. coronavirus neil mentioned, it already killed six in china. it has made its way to the united states. where the focus is now. why we could see many more cases before long. he is indeed one the greatest envelope players, live, lawrence taylor. we have a huge, jam-packed show on "making money." ♪. >> today i'm proud to declare that the united states is in the midst of an economic boom the likes of which the world has never seen before. u.s. stock markets have soared by more than 50% since my election, adding more than $19 trillion to household wealth. charles: president tru
also boeing and this delay getting 737 max, if ever, now pushed back to june or july. that is coming as the company weighing on the stock, big dow component, contributing to a big selloff. to charles payne. charles: good afternoon, neil. thank you very much. i'm charles payne this is "making money." breaking at this moment, president trump saying i told you saw the global elite at davos what i'm calling his greatest economic speech next. how his populist message is and the leaders are...
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Jan 21, 2020
01/20
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CNBC
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reports that it may take regulators months longer now to approve the 737 max. and that took that stock down more than 5% boeing is a dow component and we're getting a statement from boeing saying we are quote informing our customers and suppliers that we are currentliest mating that the ungrounding of the 737 max will begin during mid 2020. bob is at the boeing post at the new york stock exchange with more hi, bob. >> it was down 5. %. the news was from cnbc that boeing did not expect the max to return until june or july as you heard. the company is now confirming essentially what cnbc was talking about earlier. so where we are right now is the company sent a statement once the exchange is sats fied that all of the news is is out, a notice will be sent down on to the floor here and here's the trader and the stock as we call him. they will then be able to release the stock. you'll get indications of where the open might be. you'll start seeing more people start showing up u and i expect that to happen in a few minutes. because of our reporting, the stock was dow
reports that it may take regulators months longer now to approve the 737 max. and that took that stock down more than 5% boeing is a dow component and we're getting a statement from boeing saying we are quote informing our customers and suppliers that we are currentliest mating that the ungrounding of the 737 max will begin during mid 2020. bob is at the boeing post at the new york stock exchange with more hi, bob. >> it was down 5. %. the news was from cnbc that boeing did not expect the...
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Jan 22, 2020
01/20
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ALJAZ
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human economy that is feminist and benefits the 99 percent not only the one percent so let's go to max now in nairobi of course you're the author of this report and what do you mean by a human economy and what you mean by a feminist economy. i think at the moment we have a broken economy we have an economy that is clearly working for a very small group of people these billionaires right at the top and the majority of them are men and then at the bottom you've got hundreds of millions of people living on less than $5.00 a day working for very little money again the majority of them women so it's a sexist economy it's an unequal economy so a more human economy a more feminist economy if you like would seek to close that gap between rich and poor and would seek to spread out the wealth more evenly more fairly and we think that would be much better for humanity and much better for the economy turn and much surely we could have had this conversation a year ago tell me what's changed between january 2019 in the run up to davos on the 49th year and this year sadly very little has changed at t
human economy that is feminist and benefits the 99 percent not only the one percent so let's go to max now in nairobi of course you're the author of this report and what do you mean by a human economy and what you mean by a feminist economy. i think at the moment we have a broken economy we have an economy that is clearly working for a very small group of people these billionaires right at the top and the majority of them are men and then at the bottom you've got hundreds of millions of people...
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Jan 13, 2020
01/20
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guy: what is this company worth without the max? jeff: that is definitely a challenge to figure out. i would say if we look at the forecast for the company, about every eight -- about eight of every 10 planes and the backlog those, thend of majority is a max. that is definitely the future of the cup and he. if the max doesn't return to service, obviously the airlines can move back towards other versions of the 737 that have been playing successfully for decades, but that is definitely going to take a financial hit for the company. the max divided a lot of advantages in terms of fuel efficiency and savings for airlines. that would be something that would have to be reevaluated, but that would be a challenge and obviously put pressure on the financials of the company. stimulateecision to trading, i am hearing that is causing big problem for the carriers. there simply aren't enough carriers available. how complicated is that going to be for the airlines? obviously, this is going to feedback in terms of the compensation that rests with
guy: what is this company worth without the max? jeff: that is definitely a challenge to figure out. i would say if we look at the forecast for the company, about every eight -- about eight of every 10 planes and the backlog those, thend of majority is a max. that is definitely the future of the cup and he. if the max doesn't return to service, obviously the airlines can move back towards other versions of the 737 that have been playing successfully for decades, but that is definitely going to...
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Jan 23, 2020
01/20
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CNBC
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travel market. >> let me turn back to the 737 max. do you think it's an airplane that people are going to feel safe flying? >> well i'm a little biased because i'm commercial pilot, but i would say at the right fare, a lot of people are willing to take risks, so i don't want to sound disingenuous about it i think worst case, we could see this recertified as a specific time, specific pilot training. with the significant review we've gone through, this should be a safe aircraft to fly once it's certified >> so you as a commercial pilot would have no qualms flying it >> as long as the faa has gone through this process and we get certified properly, i wouldn't have an issue. >> you trust the faa >> i don't know if i'm going to comment. >> all right we'll just leave it in >> we're going to leave that one hanging off there. thank you very much. >> thank you >>> to the bond market and mr. santelli tracking the action at the cme. rick, do you trust the faa >> no, i don't, but one thing i track the all the e-mails about what's going on with th
travel market. >> let me turn back to the 737 max. do you think it's an airplane that people are going to feel safe flying? >> well i'm a little biased because i'm commercial pilot, but i would say at the right fare, a lot of people are willing to take risks, so i don't want to sound disingenuous about it i think worst case, we could see this recertified as a specific time, specific pilot training. with the significant review we've gone through, this should be a safe aircraft to fly...
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Jan 6, 2020
01/20
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based on the 5,000 orders they had for the 737 max, doubling over a couple year period. and say, look at that. maybe that looks like a head and shoulders, maybe finally they cut this thing and cut the guidance low enough where people say it will take more than just a year >> isn't the presumption that a lot of the expectation could be in the price in an efficient market you have the dynamic where you have to believe they're going to lose an incremental sale to airbus legislatu you could temporary cut and we don't know when they are coming back on line -- >> so you've been doing this for 40 years, tim, and have you ever seen a company lose 96% of the earnings in one year based on whatever the thing is. whether it was bad lettuce at chipotle, it takes a while to work off of that and the stock hasn't -- and everybody talked about how well it acted in the last year. at some point it will act badly and those people hanging onto it may puke it. >> but for guys like you only in about 20 years the bottom line between what i know and you know is stocks move in advance of it happe
based on the 5,000 orders they had for the 737 max, doubling over a couple year period. and say, look at that. maybe that looks like a head and shoulders, maybe finally they cut this thing and cut the guidance low enough where people say it will take more than just a year >> isn't the presumption that a lot of the expectation could be in the price in an efficient market you have the dynamic where you have to believe they're going to lose an incremental sale to airbus legislatu you could...
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Jan 8, 2020
01/20
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BBCNEWS
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the 737 max is the new version of that plane. it pertains to the same family of aircraft but it is a totally different aircraft. those two crashes with the 77 max, the reason behind those as we know were due to modifications of the plane, so there is nothing at all suggesting this crash is linked to the previous two. what we are getting now is a bit of detail. the ukrainian foreign minister tweeting recently about the people who were on board the plane, most of them we re on board the plane, most of them were iranian, a large number of canadian citizens according to him, some ukrainian citizens, three british nationals, although that has not been confirmed by the authorities here. and we are hearing of airlines re—routing flights around that whole region. yes, we have had qantas saying that, a small number of flights, airlines are taking action. there is concern. it is early stages. we don't have any evidence to suggest the tension and the missile strike overnight is linked to this incident but at this stage we cannot count it
the 737 max is the new version of that plane. it pertains to the same family of aircraft but it is a totally different aircraft. those two crashes with the 77 max, the reason behind those as we know were due to modifications of the plane, so there is nothing at all suggesting this crash is linked to the previous two. what we are getting now is a bit of detail. the ukrainian foreign minister tweeting recently about the people who were on board the plane, most of them we re on board the plane,...
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max kaiser and stacy her but to get into the burning questions of this election cycle one every week will stacks student debt trade was corporate money universal basic. and small church up with what's front running this sunday exclusively on. what politicians do. they put themselves on the line to get accepted or rejected. so when you want to be president. or somehow want to. have to go right to the press this is what before 3 of the people. interested always in the water. should. welcome back the u.s. aviation authority has proposed a $5400000.00 fine on boeing for allegedly putting defective parts into it $737.00 max planes internal memos from the company have been released suggesting staff were aware of numerous problems with the aircraft but failed to alert inspectors. i still haven't been forgiven by god for the covering up i did last year what do you put your family on in maximally to trained aircraft i wouldn't know. these designed by clones who are certain supervised by monkeys more than 100 pages of internal communications were delivered to congressional investigators as par
max kaiser and stacy her but to get into the burning questions of this election cycle one every week will stacks student debt trade was corporate money universal basic. and small church up with what's front running this sunday exclusively on. what politicians do. they put themselves on the line to get accepted or rejected. so when you want to be president. or somehow want to. have to go right to the press this is what before 3 of the people. interested always in the water. should. welcome back...
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Jan 31, 2020
01/20
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ALJAZ
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let me bring you back on that if some concern not justified given what max has said and when you also keep into consideration i mean there is a difference is there not between war and some of the other companies we don't know who are the owners of why our way are right why that is a bit different from other companies. knowing qualis being very transparent in opening its folks and showing. exactly who the young is of the company on its it's about $80000.00 employees that way and it's invited western journalists to show them. the shareholders ledger and that sort of thing so i don't i don't think you can you can say that is too much ambiguity there i'd just like to come back to a point that max made about the race of course there are risks involved with the operating networks and byways the 1st to recognize that and that's why while i was at the very forefront of the industry and proposing party independent verification almost 10 years ago now i'm in the u.k. so the question of these not about eliminating race because risk comp be eliminated completely the question is taking such techni
let me bring you back on that if some concern not justified given what max has said and when you also keep into consideration i mean there is a difference is there not between war and some of the other companies we don't know who are the owners of why our way are right why that is a bit different from other companies. knowing qualis being very transparent in opening its folks and showing. exactly who the young is of the company on its it's about $80000.00 employees that way and it's invited...
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Jan 22, 2020
01/20
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and catch our interview with american airlines ceo doug parker tomorrow at 10:30 they have grounded maxes that is a big one. that does it for us today. we'll see you tomorrow "power lunch" begins right now. >> welcome, everybody. i'm tyler mathisen and here is what is new at 2:00 on "power lunch. stocks are off the highs of the day as you see right there but they are still modestly higher the dow climbing back as boeing is making a little bit of a comeback midday. we'll talk about that one? and the stock almost positive. and phil le beau with comments from the new ceo and meg tirrell with the latest on the mysterious coronavirus and it is spreading in china and it is hitting our shores here. "power lunch" starts right now. >>> good day, i'm contessa brewer, let's get right to it with boeing recovering after being down more than 3%. phil lebeau is following the twist and turns, what do you have. >> the reason they are rebounding is because ceo just wrapped up a conference call and said we're not cutting the dividend or scrapping the max, we still believe in it the questions that he receive
and catch our interview with american airlines ceo doug parker tomorrow at 10:30 they have grounded maxes that is a big one. that does it for us today. we'll see you tomorrow "power lunch" begins right now. >> welcome, everybody. i'm tyler mathisen and here is what is new at 2:00 on "power lunch. stocks are off the highs of the day as you see right there but they are still modestly higher the dow climbing back as boeing is making a little bit of a comeback midday. we'll...
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Jan 10, 2020
01/20
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>>> new documents released about the 737 max and the regulatory process. what they revealed and wall street's reaction. that's straight ahead. >> jobs friday is here and so are more records for wall street a break down of what to watch ahead of the open. >> a look at which candidates corporate america is throwing political donations to as the second hour of squawk box begins right now. >>> good morning welcome back to squawk box here on cnbc. in studio, jason is here chairman of strategic research partners so be with us as we get the jobs number at 8:30. we'll show you u.s. equity futures but you can imagine this number may well change and right now you're looking at the dow looking like it could open up a little bit just marginally higher we'll show you the s&p as well we're going to throw the screen around. >> it's indicated up by about 10 points for the s&p. >> we'll show you the s&p up by 10 the nasdaq about 43 points. >> also we'll tell you what's in the headlines this hour. a take over deal announced moments ago in the pharmaceutical industry. they'r
>>> new documents released about the 737 max and the regulatory process. what they revealed and wall street's reaction. that's straight ahead. >> jobs friday is here and so are more records for wall street a break down of what to watch ahead of the open. >> a look at which candidates corporate america is throwing political donations to as the second hour of squawk box begins right now. >>> good morning welcome back to squawk box here on cnbc. in studio, jason is...
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welcome back to report i'm max keyser time now to go to korea campi of the 2 f. models report dot com check out the website for some 2020 action predictions for a catholic cetera it's actually craig welcome back max it's always a pleasure happy new year let's talk gold the drum beat so of war with iran because golda skyrocket above $1600.00 briefly before peace was declared sending gold back around $1550.00 how important technically is this $1550.00 price kreg it's a very important level for the after one school peaked out in 2000 lebanon came down and then went sideways for about a year and a half $1550.00 on a weekly basis was very important support for about 19 months and it was 1550 that was wiped out on friday april 12th 2013 and monday april 15th 2013 down 200 bucks wipe that level out we've been below it ever since what's most 7 years now this is the 2nd week in a row we've closed above that level technically that's important but i want to stress though because there was a lot of talk here once the war stuff kind of simmer down the gold had only been going
welcome back to report i'm max keyser time now to go to korea campi of the 2 f. models report dot com check out the website for some 2020 action predictions for a catholic cetera it's actually craig welcome back max it's always a pleasure happy new year let's talk gold the drum beat so of war with iran because golda skyrocket above $1600.00 briefly before peace was declared sending gold back around $1550.00 how important technically is this $1550.00 price kreg it's a very important level for...
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this is the latest blow to the american company for a $737.00 max that has been grounded since march of last year after flaws in the plane software caused 2 crashes that killed 346 people the stock is now plunging 1.5 percent today in trading bringing the total market cap losses since march to over $62000000000.00 for more we bring in our future respondents who joins us here in studio so sara over 100 pages of documents were released what do these contain well boy released these documents the 100 pages to congress where. they were walking regulations and the f.a.a. had selves what it did was it showed the employees discussing and really concerned and distrusting that 737 max so the exchange happened between 2013 and 20 team they happened before those deadly the 2 deadly crashes but let me show you what some of these people wrote one employee wrote this airplane is designed by clowns who in turn are supervised by monkeys now another colleague would you put your family on a mac simulator training aircraft i wouldn't another employee wrote an e-mail with subject line flight transition c
this is the latest blow to the american company for a $737.00 max that has been grounded since march of last year after flaws in the plane software caused 2 crashes that killed 346 people the stock is now plunging 1.5 percent today in trading bringing the total market cap losses since march to over $62000000000.00 for more we bring in our future respondents who joins us here in studio so sara over 100 pages of documents were released what do these contain well boy released these documents the...
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welcome back to the kaiser report i'm max keyser time out to go to town the vet a turn welcome back. to be back on the show as always sir turn 1st tell us about un confiscate all your conference your bitcoin conference in las vegas stacy and i will be there what's in the cards it is happening in las vegas because there is a poker tournament alongside the event for the celebrities like yourself max going know your own play and we're trying to make it better than last year you were there at the titans you did an excellent fireside chat with trace mayor but we've got a couple of more really big key speakers and we have to keep fighting we have to keep promoting and educating about bitcoin while a few years ago we have to educate the general public as to what the importance of bitcoin and how it can help the world by bringing financial freedom now we have to have this fight while inside our own ecosystem so many people are just trying to promote their own currency that they have created instead of building on something great and out was don't worth of confiscate a ball in order to educat
welcome back to the kaiser report i'm max keyser time out to go to town the vet a turn welcome back. to be back on the show as always sir turn 1st tell us about un confiscate all your conference your bitcoin conference in las vegas stacy and i will be there what's in the cards it is happening in las vegas because there is a poker tournament alongside the event for the celebrities like yourself max going know your own play and we're trying to make it better than last year you were there at the...
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i'm max kaiser this is the kaiser report we are in rehearsal for cars report the musical. got the congas we got the guitars i got the band i got the drummers write the song stephen sondheim i was going to fail or not he's ill but 1 we've got some major folks involved in this project going to hit broadway oh man i'm excited stacy i want to talk about it's a good story that relates to your congress because of course you need the congress for a you know war to beat the war drums of war exactly because what is the old saying on wall street don't fight the fed. i feel the 1st song of our musical comedy go they're. fun to fit. well many of our guests they're called heterodox economists or heterodox financial analysts because they often fight the fed but my question we're going to look at these headlines and my observations of some of these charts over the past decades or 2 is . what came 1st the chicken or the fed so is it the fed driving markets or is it panicked investors driving markets if a 4 quarter earnings recession couldn't undercut the equity market why would anyone thi
i'm max kaiser this is the kaiser report we are in rehearsal for cars report the musical. got the congas we got the guitars i got the band i got the drummers write the song stephen sondheim i was going to fail or not he's ill but 1 we've got some major folks involved in this project going to hit broadway oh man i'm excited stacy i want to talk about it's a good story that relates to your congress because of course you need the congress for a you know war to beat the war drums of war exactly...
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Jan 26, 2020
01/20
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BBCNEWS
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does boeing face extra scrutiny over safety, given what happened to the 737 max? yes, most certainly — and that's notjust what the 737 max aircraft, that's also with the 777x and every other line of their 737 line. and every other aircraft they have, they are featuring definitely a safety scrutiny. regulators are going to be looking at it with a fine—toothed comb. this particular plane, the 777x, who is going to buy it? chuckles. so, aircraft like this are definitely good for folks that do not want an a380. so the a380 is a huge aircraft, it would accommodate a lot of passengers, but what is happening is that demand to certain locations is falling and also, airlines want to increase frequencies to certain destinations, and they can't do that with the a380. the a380 is like a beluga whale. it can accommodate so many passengers and so, many airlines may run one frequency a day, two frequencies a day to a certain destination. now they can run more with the 777x at a much more fuel—efficient rate, and that plane is able to go farther and carry a better load of p
does boeing face extra scrutiny over safety, given what happened to the 737 max? yes, most certainly — and that's notjust what the 737 max aircraft, that's also with the 777x and every other line of their 737 line. and every other aircraft they have, they are featuring definitely a safety scrutiny. regulators are going to be looking at it with a fine—toothed comb. this particular plane, the 777x, who is going to buy it? chuckles. so, aircraft like this are definitely good for folks that do...
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Jan 13, 2020
01/20
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will anyone want to climb on board a 737 max in the future? that's the biggest question. it is really intangible. boeing knows it. i was in seattle last month, they invite a small group of people from the industry, and they made it clear they wanted help all round they couldn't to it all on their own, they have to rebuild confidence. ahead of that they have to get re— certificated. it is not clear when that will happen. originally it was thought it could happen before somerset plains was not moved by now, but it hasn't happened yet. we are moving into the first quarter. these planes in the majority at least are likely to be out of service for the whole of the summer, which is a big impact. the question of confidence will take time to build, because it is a very individual issue. even before we as customers get on a pilots have to be confident, they have to have the right training, cabin crew have to feel they are on a safe aircraft and can reassure customers. john, thank you very much indeed, john strickland with thoughts on dave calhoun. we will keep an eye on how he g
will anyone want to climb on board a 737 max in the future? that's the biggest question. it is really intangible. boeing knows it. i was in seattle last month, they invite a small group of people from the industry, and they made it clear they wanted help all round they couldn't to it all on their own, they have to rebuild confidence. ahead of that they have to get re— certificated. it is not clear when that will happen. originally it was thought it could happen before somerset plains was not...
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propping up of an unjust system we have zombie economy and this is john authors agreeing with what you max kaiser has said many times on the show over the past 10 years especially capitalist without capital or ruling capitalism what does it mean that some of the decade's big market winners are companies with no real net worth so the blue line at the top of this chart here is the outperformance of companies in the s. and p. 500 that actually have negative book value there's something like 40 percent of the s. and p. $500.00 have negative book value if you sold off all their assets it wouldn't mean pay off all their debts i mean this is a fascinating trend the only way they are so. staying is cash infusions or cash transfusions into the dead corpse of a zombie corporation and because they have a lobbying strength and because they control interest rates to 0 or under 0 negative rates they're able to maintain a huge percentage of the s. and p. $500.00 crowding out viable businesses this is a classic mis allocation that you would find if you were to study let's say the austrian school of econom
propping up of an unjust system we have zombie economy and this is john authors agreeing with what you max kaiser has said many times on the show over the past 10 years especially capitalist without capital or ruling capitalism what does it mean that some of the decade's big market winners are companies with no real net worth so the blue line at the top of this chart here is the outperformance of companies in the s. and p. 500 that actually have negative book value there's something like 40...
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airline regulator to approve the 737 max for to fly again and and these. boeing employees are making fun of f.a.a. regulators they're talking about sort of tricking them into approving the plane so i think this certainly is going to increase the tensions between the regulator and boeing which is one of the reasons why boeing had to let go of its c.e.o. late last year the f.a.a. for its part has said that this isn't really a this doesn't really shed new light on to on to new safety issues with boeing but i think this really points to a culture of. sort of thing lax about safety and sort of trying to get around regulators and that's really not going to going to help boeing you know convince regulators to clear the 737 but if you look at airbus bullish again about post brags that britain has it changed its tune there. they definitely are and it's generally just a much different story for airbus right now in terms of their big concern had been . that the u.k. with leave the european union with with no deals they were very concerned about a no tell fact that th
airline regulator to approve the 737 max for to fly again and and these. boeing employees are making fun of f.a.a. regulators they're talking about sort of tricking them into approving the plane so i think this certainly is going to increase the tensions between the regulator and boeing which is one of the reasons why boeing had to let go of its c.e.o. late last year the f.a.a. for its part has said that this isn't really a this doesn't really shed new light on to on to new safety issues with...
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Jan 20, 2020
01/20
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FBC
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phil wasserman said, quote, to paraphrase a 737 max is a 737 max is a 737 max. i even, i'm thinking of the '70s when ford had the pinto which had a lot of problems. it had placed its gas tank in a very dangerous location. that car, they don't have that anymore. so i'm just wondering if we're eventually barreling toward the ineffable, that a -- inevitable, a numeric or name change is not going to be enough. >> it's not, let's be very clear. there's that temple necessary but not sufficient, right? if so i mean the name is toxic. as i said, i think if you try to replace it with something else, everybody's just going to -- that'll become its own issue. i think if you just stick to the numbers, but look -- yeah, when we try to look at precedent here, the history in the airline industry is that people do move on. you know, people get back on malaysia airlines after all that and so forth. but this, but this is new, right? and it's going to be different in different parts of the world. cultural issues where people aren't going to be so forgiving in various polices. and
phil wasserman said, quote, to paraphrase a 737 max is a 737 max is a 737 max. i even, i'm thinking of the '70s when ford had the pinto which had a lot of problems. it had placed its gas tank in a very dangerous location. that car, they don't have that anymore. so i'm just wondering if we're eventually barreling toward the ineffable, that a -- inevitable, a numeric or name change is not going to be enough. >> it's not, let's be very clear. there's that temple necessary but not sufficient,...
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Jan 23, 2020
01/20
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CNBC
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down 21 as the max added to cost. revenue came in slightly above we'll talk to both ceos of american and southwest the love story is going to be interesting as gary kelly -- there's a big item in there regarding boeing compensation. >> look, the ripples of this are so huge that you can't talk enough about it. now, there was a recommendation at morgan stanley. my biggest worry is this thing doesn't get solved, it doesn't get solved we have a unique group of ceos who run the airlines they're outspoken. they're not afraid and they're not diplomatic gary kelly is not diplomatic about this. >> no. he's coming on and i'm looking forward to what he's going to tell us given his speaking about it in the past >> he should be having a huge year. >> you know, guys, i want to talk more about the airlines but i'd love to get to some breaking news this morning as well on hp and xerox. >> i'm nominating everybody. >> because they're nominating everybody. that's something we've told you in the past. hp is going to be nominating 11 dir
down 21 as the max added to cost. revenue came in slightly above we'll talk to both ceos of american and southwest the love story is going to be interesting as gary kelly -- there's a big item in there regarding boeing compensation. >> look, the ripples of this are so huge that you can't talk enough about it. now, there was a recommendation at morgan stanley. my biggest worry is this thing doesn't get solved, it doesn't get solved we have a unique group of ceos who run the airlines...
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Jan 10, 2020
01/20
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turns out the flight control system in the max has glitches. today we learned one employee questioned the design saying it was designed by clowns. a spokesperson indicated the employees that wrote the e-mails may face discipline. quote, these e-mails do not reflect the company we are and need to be and are completely unacceptable. the max has been grounded for 10 months. >>> we just learned iran has invited boeing to join the investigation into the crash of that ukrainian jet liner. it comes amid increasing speculation that the doomed flight was hit by a missile strike minutes after take off from teheran. sources tell cbs news that infrared blips were detected, indicating the loss of 2 missiles. all 176 people on board were killed. among them were 63 canadians. >> this may well have been unintentional. this new information reinforces the need for a thorough investigation into this matter. >> the black boxes have been recovered and the ntsb now says it will be participating in the investigation as the lead agency. >>> no war with iran was the ti
turns out the flight control system in the max has glitches. today we learned one employee questioned the design saying it was designed by clowns. a spokesperson indicated the employees that wrote the e-mails may face discipline. quote, these e-mails do not reflect the company we are and need to be and are completely unacceptable. the max has been grounded for 10 months. >>> we just learned iran has invited boeing to join the investigation into the crash of that ukrainian jet liner. it...
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Jan 30, 2020
01/20
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max? >> okay. steven in beijing, thank you. >>> well, approximately 1,000 americans live in wuhan, the epicenter of this outbreak, as steven was saying. almost 200 arrived back in the u.s. on wednesday. so far they all seem fine but their health will be closely monitored over the next couple of weeks. we'll get more now from cnn's sara sidner. >> reporter: they were originally supposed to land in ontario, california, but ended up being diverted to a military reserve base here in riverside. basically what they are trying to do is make sure that these people, if they are infected, do not further spread this very contiguous virus. and we saw pictures of as they landed around 8:00 in the morning, and they were received by people wearing the full white hazmat suits, trying to make sure that they themselves, if there is anyone who is infectious, they do not contract the virus. there is a lot of precautions being taken. we understand the pilot also was wearing a hazmat apparatus as the people got
max? >> okay. steven in beijing, thank you. >>> well, approximately 1,000 americans live in wuhan, the epicenter of this outbreak, as steven was saying. almost 200 arrived back in the u.s. on wednesday. so far they all seem fine but their health will be closely monitored over the next couple of weeks. we'll get more now from cnn's sara sidner. >> reporter: they were originally supposed to land in ontario, california, but ended up being diverted to a military reserve base...
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max you should go. and don't miss out. cut. a record year for global markets trawls to a close trade war didn't stop investors and neither did a slowdown of the world economy look at what's behind the bull market charging in the 2020. also on the show a dramatic twist in the case of jailed auto executive carlos ghosn the former nissan rideau chairman has fled house arrest in japan. and kenya has too much teeth a better harvest has driven prices down leaving growers scrambling to find alternatives. this is your business or business report i'm stephen beard's in berlin it's good to have you with us u.s. president donald trump took to twitter on tuesday to say he'll sign a phase one trade deal with china on january 15th the trump tweeted that the deal will be signed in a ceremony at the white house was with high level chinese representatives the deal was concluded earlier this month but many of its details have been slow to emerge including a signing date went on to say that he will go to beijing at a later date for phase 2 talks
max you should go. and don't miss out. cut. a record year for global markets trawls to a close trade war didn't stop investors and neither did a slowdown of the world economy look at what's behind the bull market charging in the 2020. also on the show a dramatic twist in the case of jailed auto executive carlos ghosn the former nissan rideau chairman has fled house arrest in japan. and kenya has too much teeth a better harvest has driven prices down leaving growers scrambling to find...
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Jan 24, 2020
01/20
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CNBC
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for boeing the stock erasing near all of the early losses as the fa a tells airlines the grounded 737 max plane could get recertified by mid-year. moments ago though, boeing delaying the test flight of the newest plane the triple 7 x fill lebeau who never sleeps it covering it from washington hi, phil. >> hi, kourtney the 777 x test flight the first flight of the 777 x didn't happen because too windy. they didn't have the optimal conditions they are trying tomorrow again lets talk about the 737 max story. as you mentioned the big reversal in shares for boeing happened midday after word got out that the head of the faa steve dixon got on the phone with the executives for three airlines with the 737 max and said look there is good progress made by boeing when it comes to taking care of all the issues that need to be taken care of in order to recertificate the max he also said there is the potential that this plane could be ungrounded by the middle of the year process if not sooner provided there are no surprising coming up. nothing that further delays the progress that he is seeing made. th
for boeing the stock erasing near all of the early losses as the fa a tells airlines the grounded 737 max plane could get recertified by mid-year. moments ago though, boeing delaying the test flight of the newest plane the triple 7 x fill lebeau who never sleeps it covering it from washington hi, phil. >> hi, kourtney the 777 x test flight the first flight of the 777 x didn't happen because too windy. they didn't have the optimal conditions they are trying tomorrow again lets talk about...
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Jan 22, 2020
01/20
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BBCNEWS
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more turbulence for boeing, as the plane maker announces it troubled 737 max planes won't return to the skies until the summer of 2020. and a mixed set of results from netflix, as the streaming service continues to expand globally but struggles in the us. and on the markets: asian stocks, it's a bit of a bounce ina asian stocks, it's a bit of a bounce in a response to the coronavirus outbreak. let's start with the latest developments from troubled plane maker boeing, which has announced it doesn't expect its 737 max planes to return to the skies until the summer of 2020. the plane has been grounded since march after two fatal crashes, which together killed 346 people. boeing said it doesn't think its troubled 737 max jets will return to service untiljuly at the earliest, which is months later than expected. the markets had been anticpating the news late on tuesday, with boeing shares falling more than 5% as word of the delay started to spread. that prompted the new york stock exchange to temporarily halt trading until the compa ny‘s formal update. let's get more on this from our north
more turbulence for boeing, as the plane maker announces it troubled 737 max planes won't return to the skies until the summer of 2020. and a mixed set of results from netflix, as the streaming service continues to expand globally but struggles in the us. and on the markets: asian stocks, it's a bit of a bounce ina asian stocks, it's a bit of a bounce in a response to the coronavirus outbreak. let's start with the latest developments from troubled plane maker boeing, which has announced it...
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Jan 18, 2020
01/20
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max, you first. so if there was a wish list from harry and meghan, were most of those items checked or is there a happy medium, a compromise made with the queen on getting some of what they wanted? >> reporter: the freedom to do what they want to do, without having to pass things through the palace, work within restrictions of being working royals, which is not compromising the queen in any way. they're not associating with brands she may not want to associate with, things like that. i think just hearing you reread that statement, it is interesting to hear the line, i am particularly proud of how meghan has so quickly become one of the family, i think not just a statement, i think it is a peace treaty as well. i have royal sources last year, this rift between the brothers, for example, that has broken out recently, but also more recently that duke and duchess of sussex team have felt very much that they were undervalued by the rest of the family and palace system, and weren't supported, almost set up
max, you first. so if there was a wish list from harry and meghan, were most of those items checked or is there a happy medium, a compromise made with the queen on getting some of what they wanted? >> reporter: the freedom to do what they want to do, without having to pass things through the palace, work within restrictions of being working royals, which is not compromising the queen in any way. they're not associating with brands she may not want to associate with, things like that. i...
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Jan 20, 2020
01/20
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what can you tell us about that, max? >> reporter: fair future roles have yet to be carved and one of the topics they're still working through is the brand of sussex royal and the website is sussex royal as well. but it does look as though they're going to have to take the title out of there or that's at least part of the debate because the big question now is how they continue and earn private incomes without seeming to be cashing in on the royal brand? so there are no commercial agreements signed as yet, but they're clearly looking at them. they're going to need them. there's also questions about staffing, the public service staff here. how they're going to match all of that up. so we're learning more about their future roles but it's going to be outside this entire fold which is what harry is sad about. interesting as well in speech distancing meghan from all of this. she was obviously in canada as all this played out. he's saying it was his decision to reach this deal, and that she's the same person that he married. s
what can you tell us about that, max? >> reporter: fair future roles have yet to be carved and one of the topics they're still working through is the brand of sussex royal and the website is sussex royal as well. but it does look as though they're going to have to take the title out of there or that's at least part of the debate because the big question now is how they continue and earn private incomes without seeming to be cashing in on the royal brand? so there are no commercial...
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Jan 10, 2020
01/20
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another who was dealing with the 737 max simulator said, would you put yourfamily on max simulator said, would you put your family on it? max simulator said, would you put yourfamily on it? i wouldn't. there isa yourfamily on it? i wouldn't. there is a tremendous feeling of frustration about the management of boeing and the way the company was being run from these messages but whether or not all of this is damaging to boeing is another question. the reputation of the company has already been savaged and it could be said that there is no harm in being transparent about failures in the past, as it tries to gearupfor failures in the past, as it tries to gear up for the future, and to get this plane flying again. our top story this lunchtime: iran strongly denies that it shut down a passenger plane killing all 176 people on board. and coming up, why the nhs wants more young male blood donors. coming up in the sport on bbc news, former premier league referee bobby madley speaks out on his sacking and the impact it's had on his life and career. fresh evacuation orders have been issued to near
another who was dealing with the 737 max simulator said, would you put yourfamily on max simulator said, would you put your family on it? max simulator said, would you put yourfamily on it? i wouldn't. there isa yourfamily on it? i wouldn't. there is a tremendous feeling of frustration about the management of boeing and the way the company was being run from these messages but whether or not all of this is damaging to boeing is another question. the reputation of the company has already been...
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this is the latest blow to the american company for a $737.00 max that has been grounded since march of last year after flaws in the plane's software caused 2 crashes that killed 346 people the stock is now plunging 1.5 percent today in trading bringing the total market cap losses since march to over $62000000000.00 for more we bring in our future respondents. who joins us here in studio so sara over 100 pages of documents were released what do these contain well boy released these documents over a 100 pages to congress where they were walking regulations and the selves what it did was it showed the employees discussing and really concerned and distrusting that 737 max so the exchange happened between 2013 and 20 team they happened before those deadly the 2 deadly crashes but let me show you what some of these people wrote one employee wrote this airplane is designed by clowns who in turn are supervised by monkeys now another colleague would you put your family on a mac simulator training aircraft i wouldn't another employee wrote an e-mail with subject line flight transition cost an
this is the latest blow to the american company for a $737.00 max that has been grounded since march of last year after flaws in the plane's software caused 2 crashes that killed 346 people the stock is now plunging 1.5 percent today in trading bringing the total market cap losses since march to over $62000000000.00 for more we bring in our future respondents. who joins us here in studio so sara over 100 pages of documents were released what do these contain well boy released these documents...
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Jan 22, 2020
01/20
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BBCNEWS
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shares are halted up trouble 737 max won't be playing soon. netflix is crowned the winner after putting its latest earnings, but it faces some competition from a peacock and mouse. we will explain. good morning, and welcome to asia business report, live from singapore stopping let's begin with boeing because it shares have been halted on wall street and that is after the company said its 737 max will not be back to service until the middle of this year, that is much later than expect. it wasn't meant to be like this. the grounding of the 737 max jet wasn't expected to last long. and yet once again boeing is pushing back the date for its return to service. in the new delay comes after two recent discoveries, a softwa re after two recent discoveries, a software floor covering more work than expected and the discovery that the wiring needs to be rerouted. this means the jet will miss the busy summer travel season for a second straight year. that is peak revenue season. and second straight year. that is peak revenue season. and it could add to the
shares are halted up trouble 737 max won't be playing soon. netflix is crowned the winner after putting its latest earnings, but it faces some competition from a peacock and mouse. we will explain. good morning, and welcome to asia business report, live from singapore stopping let's begin with boeing because it shares have been halted on wall street and that is after the company said its 737 max will not be back to service until the middle of this year, that is much later than expect. it wasn't...
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Jan 22, 2020
01/20
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latest setbacks for boeing's grounded 737 max. pets know what they want, and so do we. that's why you'll find real meat, poultry or fish and wholesome veggies in delicious rachael ray nutrish recipes. rachael ray nutrish. guys! i said i'd be back. real recipes. real ingredients. real good. hi susan!) honey? yeah? i respect that. but that cough looks pretty bad... try this robitussin honey. the real honey you love... plus the powerful cough relief you need. mind if i root through your trash? robitussin honey. because it's never just a cough. if your mouth is made to amaze, let philips sonicare give its care a raise. get healthier gums in 2 weeks guaranteed. give it philips sonicare. next level clean, next level care. there's always a way to make life better. philips sonicare our mission is to providey complete, balanced nutrition... for strength and energy! whoo-hoo! great-tasting ensure. with nine grams of protein and twenty-seven vitamins and minerals. ensure, for strength and energy. but one blows them all out of the water. hydro boost with hyaluronic acid to plump sk
latest setbacks for boeing's grounded 737 max. pets know what they want, and so do we. that's why you'll find real meat, poultry or fish and wholesome veggies in delicious rachael ray nutrish recipes. rachael ray nutrish. guys! i said i'd be back. real recipes. real ingredients. real good. hi susan!) honey? yeah? i respect that. but that cough looks pretty bad... try this robitussin honey. the real honey you love... plus the powerful cough relief you need. mind if i root through your trash?...
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Jan 24, 2020
01/20
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CNBC
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at the same time, we're awaiting the launch of the 777 max. any progress there >> reporter: we are waiting on the conditions the weather is considerably better than it was a couple of hours ago. they have basically said in the next hour, hour and a half, if everything aligns the way it should, for them to feel comfortable doing this first flight, they'll do it. otherwise, they'll scrap it, move it to tomorrow or sunday, until the conditions are optimal. >> but hey, a pleasant afternoon for you and bob out there on the tarmac in everett, washington. >> reporter: absolutely. >> thank you, phil see you later. >>> so, stocks under pressure but off the lows of the session that we mentioned. especially as boeing turns positive, let's get some reaction from the new york stock exchange matthew cheslock with virtue financial joins us right now and right or wrong, you know, matt, boeing has become something of a bellwether for this market, and you'll wonder -- i mean, it's a market that's been starved for good news from boeing, and they're just taking t
at the same time, we're awaiting the launch of the 777 max. any progress there >> reporter: we are waiting on the conditions the weather is considerably better than it was a couple of hours ago. they have basically said in the next hour, hour and a half, if everything aligns the way it should, for them to feel comfortable doing this first flight, they'll do it. otherwise, they'll scrap it, move it to tomorrow or sunday, until the conditions are optimal. >> but hey, a pleasant...