>> well i'm not sure that i completely follow airbus -- or either boeing or airbus' statements. when i spoke with boeing back in 2008 and this has been a problem that the federal aviation administration brought up way back then. and boeing at that time told me that they had found a solution to separate the networks but they said that with a combination of physically separating parts of the network and then in some cases only separating them with a software firewall. and in the security community, a software firewall is known not to be sufficient to separate a noncritical network from a critical network. software firewalls can be miscon fugue figured and have vulnerabilities to allow someone to penetrate through them. aisle not really quite confident in boeing's statement so far that they sufficiently separated the networks. as far as chris says you know he says he was able -- what he told me was he was able to at least observe the data traffic going through the avionics network and what the fbi reports is that he actually told them that he was actually able to introduce data to t

enforce the policy. >> if you go and look at the filings that were done in the case by boeing against airbus on the launch subsidies, you can take the words boeing and substitute american, united and delta and the issue is exactly the same and our position with respect to subsidies is identical in every respect to the position that boeing took in the wto subsidy case. the main difference is ours is twice as big. it's the largest subsidy case that's been proven by documents when compared to any wto case. so from that standpoint you have a worst case and the worst case is our case is identical to the boeing case in front of the wto. if you go research the boeing quotes and statements made in the docket, they are identical to what we're saying here. >> i have several questions that are just for doug parker and that must be why you're sitting in the middle seat. >> i wrote all of them. >> so doug likes the combined question. one of the questions is along the lines of this. american is part of the one world alliance. british airways is a key partner in the one world alliance. british airways part

boeing and airbus historically come every five years would have -- you have the three gulf carriers. and airbus havelong-haul aircraft deliveries for the next four or five years. -- have no long-haul aircraft deliveries. >> what do you make of the dispute between the gulf carriers and u.s. carriers? >> i'm on the side of the consumer. you support both carriers. they are the same as the european legacy -- we don't want to compete with the gulf carriers as they are subsidized by the government. the american carriers have been predicted by their government years. we should encourage more expansion and more competition. so that american consumers and international carriers get better deals. ahead, antill in-depth look at wealth. how billionaires are making their money and why their incredible run may soon be out of steam. ♪ scarlet: welcome back to the bloomberg market day. we have namin 90 minutes left. as mentioned, we are looking at selloffs in all 10 industry groups. we have energy and technology pacing the decline, each off by 1.7%. telecom is one of the better performing in that it

ten years ago, eight years ago, get ready for the next aircraft cycle we like the vendors to boeing and airbus an example, the production of boeing and airbus is going to ramp up by 10% in 2017 over '16 so the vendors start getting a big push and there's a lot of companies that participate in that i'm glad the airlines are making money. >> jeff people know you for being mostly bullish. is this causing you to reconsider? >> no, i think we're in a secular bull market. we're six years into it. they typically run 14 or 15 years, if past the is prelude, we've got another eight or nine years left in this thing. >> wow. >> mario is smiling. >> well, you know, everyone has their point of view. i still believe in religion, genesis chapter 41 verse 26, seven fat years followed by seven lean years. but if the seven lean years are good, we'll still pick a lot of stocks, so i'm glad you're taking a different version of scripture. >> i never thought i would say this, jeff, but go grab your bible and we'll have bible talk later. we'll talk to you soon, jeffrey saut over at ray jay. >> that keeps most people

let me use the boeing airbus trade dispute which is a large trade dispute. y the way the amount of subsidies here dwarf by more than two the size of the boeing air dispute. there was a dispute with clear allies in european union. there are innate -- members of nato but the government can sit down and understand their difference one lanes for trade dispute in matters of national security or defense. we would expect nothing different from our own government or the governments of qatar in connection with discussions. in terms of the reaction of the administration we have visited with the department of commerce the department transportation. we visited with the white house. we have visited with the ustr. we visited the department of state and we have gotten serious interest from serious people about a serious issue. there clearly are a lot of issues involved. our government has asked us in addition to the white paper and considerable documentation we provided in january they asked us additional questions which were responded to and we filed with them a stack of p

boeing airbus and lockheed are are set to be interested but a deal tied to the sale could dampen their interest. it's up less than 1% in europe. pep boys has been approached by buyers including golden gate capital. they have more than 800 locations but it's struggled with weakness in it's tire business. it's not clear whether it wants to sell. it's up 18% today. >> landon thank you very much. >> meanwhile, vodafone shares having the best day since january. he said a tie up between the two firms would make a quote, great fed. joining us on the phone is the media equity research analyst. do you think that malone is really trying to test waters here and gauge the reaction from shareholders? maybe that tells us a tie up is more or less imminent. >> definitely. he's been in this business long enough that he knows what will be the reaction to his remarks. he's absolutely right that a deal between liberty and vodafone makes sense for both players players. it would make sense to bring them together. >> would that be a financial problem for vodfone? what would the terms look like? how much of a

investing inonly planes, spending hundreds of millions of dollars with boeing and airbus, but they arending billions and billions of dollars in their infrastructure. if you put laguardia airport next to an airport in abu dhabi, it would be more embarrassing than it is just to walk into laguardia. aboutwhat does that say middle eastern carriers getting into the united states? delta and the u.s. carriers are not going to allow that. that would threaten u.s. jobs and maybe national security, so they will do everything they can to stop it. i like how you brought it back to oil and the whole thing. that wraps it up for "bloomberg market day." i'm alix steel. have a wonderful day, everyone. ♪ [baseball crowd noise] ♪ ♪ [x1 chime] ♪ ♪ [crowd cheers] oh! i can't believe it! [cheering] hi, grandma! ♪ emily: facebook steps into the ring with news websites, but do the social network's publishing ambitions give it too much power? i'm emily chang and this is today, ag west." possible new rival to amazon prime. 'sey got a peek at walmart combo. alibaba takes a play from 10 playbook. and i robot is o

not are they only investing in planes, spending hundreds of millions of dollars with boeing and airbust they are spending billions and billions of dollars in their infrastructure. if you put laguardia airport next to an airport in abu dhabi, it would be more embarrassing than it is just to walk into laguardia. alix: what does that say about middle eastern carriers getting into the united states? matt: delta and the u.s. carriers are not going to allow that. that would threaten u.s. jobs and maybe national security, so they will do everything they can to stop it. alix: i like how you brought it back to oil and the whole thing. that wraps it up for "bloomberg market day." i'm alix steel. have a wonderful day, everyone. ♪ announcer: from our studios in new york city this is charlie rose. charlie: tom brokaw is here. he formed part of the big three network news anchors along with dan rather and peter jennings. she continues to report for nbc news as a correspondent. he has also become a special correspondent. journey describes his in 2013.cancer i am pleased to have him back at this table.

. >>> boeing and airbus responding tonight to reports of an alleged in-flight hack as the fbi tries to figure out if it's real or a hoax. chris roberts claims he hacked into a united airlines jet's avionic and took control part of the flight as it was airborne. the fbi says roberts claimed he hacked the in-flight entertainment system and also kazzed one of the engines to climb causing the plane to move sideways. >> the folks at airbus and boeing are far too smart to create some system like that. it's just ridiculous. >> boeing says in-flight entertainment and navigation systems are isolated on its aircraft. and airbus says it has robust systems and procedures to protect against a potential cyber attack. >>> a civil rights group calls it a major victory. why hundreds of people arrested a decade ago in the district will be receiving thousands of dollars from the government. >>> talking about rain continuing to make the way in across the area from around the rockville bethesda area to d.c. >>> turning now to storm team 4, doug is in the weather center with the latest. las the word on the

endorse the enforce the policy. >> if you look at the filings in the wto case by boeing against air airbus on the launch subsidies you could take the word boeing and substitute american, united an delta and the issue is exactly the same and our position with respect to subsidies is identical in every respect to the position that boeing took. the main difference is ours is twice as big. it's been proven by documents when compared to any wto case. our case is identical to the boeing case. >> doug parker i have several questions that are just for you. that must be why you're sitting in the middle seat. the special seat. >> i wrote all of them. >> doug likes the combined question. i'm going to combine a couple of questions for you. one of the questions is along the lines of there. american is part of the one world appliance. british airways is a key partner. british airways partner is supportive of the middle eastern carriers position on this. katar is a member of the one world alliance and you supported their entry into the alliance a couple years ago. i'll leave it at that because it's enoug

a mature trade relationship just like we have with europe and the example that jeff gave with boeing airbus you know there is regular give-and-take in the state department. we have 114 open skies agreements around the world that are administered all the time all of which we support and by the way we support open skies with these three characters? we just have to have actions taken on a level playing field and in the normal course of this scope we interact on gates and with our demaio t. to work through these issues and the state department to work through these issues. .. this is an issue that hurts part of the industry, but there are other parts of the industry and us that are perfectly happy with the status quo. an issue of where you stood is where you stand? >> let me try that one. the issue is we care the most because it affects us the most. our our employees are here because they understand the effect it will have on them. those other organizations you describe other do not understand the situation or have the view that it does not concern the. it certainly is it certainly is better fo

and if you go look at the file ways that were done by boeing against airbus on the subsidies you can take the words boeing and substitute american united in delta and the issue is exactly the same command our position with respect to subsidies is identical so there is -- the position that boeing and that wto subsidy case. the largest subsidy case which has been proven by documents when compared to any wto case. from that standpoint as we say we have the worst case which is identical to the boeing case and the wto. research the quotes and the statements made. >> i have several questions that are just for you. that is where sitting in the middle seat. a special seat. >> i wrote all over it. [laughter] >> likes to combine questions. i will combine some for you. one of the questions is along the lines of this, america as part of the oneworld alliance. a key partner. british airways partner in support of the middle eastern carriers positioned. qatar is a member of the oneworld alliance and apparently you supported their entry into the alliance couple of years ago. and maybe i just will lea

so it makes me obviously want to ask, what is boeing saying airbus saying? ing this is possible? >> boeing specifically responded to us yesterday when we asked about this they said they don't think it's possible they have separate systems from the in-flight control, in-flight entertainment systems to the aircraft's controls completely separate not possible. airbus has said that they have firewalls to wall off the system you said the gao has raised questions and says technically, it is possible and i will tell you, the fbi document that we read and that we have posted online says that the fbi's own technical ex-officers say -- believe chris roberts, he is -- has the capability to do this. we will see, this investigation is still ongoing. he has not been arrested. no charges have been brought and that tells us that they are still working on. this >> evan perez with the story for us. thank you very much. i appreciate it get some more perspective with the former inspector general for the u.s. department of transportation aviation expert mary schiavo. how credible

we offered to sit down with boeing and airbus on numerous occasions. we offered to sit down to spend time with them. melissa: wow. here is aviation expert oliver mcgee. former deputy assistant secretary of transportation for technology policy that means you're the guy. this is basically your space. first of all, do you believe him? >> well, yes i think we have a real concern on aviation and security. transportation is about moving people ideas and things. right now in this dramatic event we're talking about people in the cabin coming up with the idea, through a laptop or an ipad, to virtually enter the cockpit and air traffic controls. germanwings we saw that we were really were discussing about what is a locked cockpit door? basically post-9/11 protocols. in access to the locked cockpit. now in this united case we're talking about virtual access to the cockpit. that is a big security breach and concern. melissa: it is. it is tremendous. do you believe -- he says he was able to access the plane's navigational system and caused the aircraft to go sidewa

i'm sure they consulted with boeing or airbus to see if this was plausible but they would know this aheadf time. there are two separate systems. you're talking about entertainment system and the flight control system. some of our systems like on the airplane i fly, 777, it's a fly by wire system. that doesn't mean that the systems are operated by wi-fi. to hack into that would require an external source into our electronics bay of the airplane in other words the brains of the airplane. someone would have to have knowledge how to get in there and connect it appropriately and this has been done by boeing in the way they were attempting to make it a pilotless airplane. this is being thought out down the road. but this kind of stuff and system has to be set up prior to it. i don't see that this man tweeted the fact that he took control of the aircraft -- i very, very much doubt that occurred. i'm sure the fbi is going to the crew to say did your airplane make an unnecessary turn? >> a pilot would notice it. if he was able to hack in and have the plane climb, the pilot is going to know that ha

translator: when the americans have a choice between airbus and boeing, they chose boeing. in every country in the world they always choose the home country's industry if the quality is the same. reporter: a disappointment shared by this auto accessories maker in eastern france. for months they've been working to customize cars for the french army and they were counting on hiring seven more employees. translator: the work hours that would have stayed here in the reason, hours that would have been used to customize vehicles. vehicles meet elsewhere will not bring hours here. reporter: the ministry of defense has stood by their choice, adding the pickups were not cheaper but can carry more soldiers. could the state have just picked a french company? not really. eu law stipulates that national favoritism is not allowed for public contracts over 134,000 euros. it is a two way street. france has provided the spanish police with their cars. genie: new figures on salaries. apple has grown up interesting results. stephen: figures according to bloomberg say she was paid almost $83 m

boeing and airbus historically every five years would have a crash and you have got the three carriershave record -- airbus has no spare aircraft deliveries for the next four or five years. prices are high and we would always want to wait until the prices are low, so i think it means we have to wait until the downturn. i am on the side of the consumer. that means you support the gulf carriers to the u.s. carriers over here are exactly the same as the european legacy. we do not want to compete with the carriers because they subsidized by the government. we have been for years. american carriers have been protected for years. that is why fares in north america are so high. we should encourage more competition and expansion so that american consumers and international travelers get a better deal. stephanie: thank you so much for joining us. we will be back with more in a few. erik: we will be talking about charter and time warner cable. ♪ >> live from bloomberg headquarters in new york, this is "market makers." erik: good morning once again. i'm erik schatzker. stephanie: i am stephanie r

among those interested according to the wall street journal boeing and airbus. no surprises there. sikorsky makes the black hawk millet -- helicopters and marine one. we are about to reach the age where they are investing and help support u.s. stock rises. citigroup's equidistant -- strategy equities has because people move into saving years between 35 and 39. the millenials are most of their. they will surpass baby boomers at the largest u.s. population group. there is no bigger story than the settlements coming hours been out and currency and interest rate manipulation. ubs is playing more than $.5 billion. what we don't know is how much u.s. regulators will extract from four other banks. it is possible quadruple plead guilty to criminal charges that they rate affects wrench marks. lehmann is the bloomberg reporter who broke this story wide open two years ago. he is with us from london. leon let's talk a little bit about what we expect out of the fed and the justice department. this is being driven out of washington. guest: the expectation is as you alluded to just now. another f

the boeing 787, the airbus 350, and present by the airbus 380, one of the biggest commercial planes inplanes may be susceptible to it. but when we take our families from new york to disney world, you're going to get there safely. >> les abend, thank you so much. grant, appreciate you for jumping on today. >>> next survivors of the boston marathon bombing are reacting here still days after the man convicted in that terrorist attack learned his fate. we were breaking on it on friday. we have more reaction to the death penalty verdict. you will hear in fact from one of the women who lost her leg. she is a survivor. she'll join me live next. thanks for calling angie's list. how may i help you? i heard i could call angie's list if i needed work done around my house at a fair price. you heard right, just tell us what you need done and we'll find a top rated provider to take care of it. so i could get a faulty light switch fixed? yup! or have a guy refinish my floors? absolutely! or send someone out to groom my pookie? pookie's what you call your? my dog. yes, we can do that. real help from r

among those interested, boeing, lockheed martin and airbus. sikorsky makes black hawk helicopters and the presidential helicopter known as marine one. the largest auto recall in american history. takata corporation has denied that their air bags were faulty. now the u.s. government says takata is coming clean. hasp until now, takata refused to knowledge that airbags are defective. that changes today. today, i announced that takata has agreed to declare that a irbag insulators are defective . from 11 makers are involved and because of a shortage of repair parts it could take years for all of the vehicles to be made safe. the chairman of liberty global thinks vodafone would make an ideal partner. john malone says merging his empire with vodafone would be a great fit but he would not say whether the company's are in actual talks. vodafone's market value is $93 billion, slightly more than double liberty global's valuation. that vodafonerted was studying a deal with liberty. pimm: american airlines plans to compete with airfare carriers. doug parke

we've offered to sit down with both boeing and airbus on numerous occasionings.rying to get more business for himself. he now reveals not only was he able to hack the entertainment system but he was able to take control of the plane and make it fly side wyomings. liz macdonald, this guy is full of it. >> yeah, you know, we have on set the fbi's search warrant for chris roberts, and the fbi interviewed him and, essentially, he claimed that between 2011 and 2014 he hacked into the in-flight entertainment system anywhere from 15-20 times and on one occasion commandeered to make the plane move sideways. boeing is saying the entertainment system is totally separate, and a lot of cyber experts are saying it's bogus and made up. tom: the cockpit has zero digital anything, zero, so there's no way that you could -- it's not connected to the wi-fi system. >> and even more bizarre, you know, the reason why they pulled them in, what happened was there was an electronic box that sits under the seat. tom: for the entertainment system, sure. >> and he appeared to have tampered

boeing executives released a statement saying their navigation system is separate from the in-flight entertainment. roberts says he has proof and other pilots are skeptical. >> the folks at airbus and boeing are far too smart to create some system like that. it's just ridiculous. >> it is definitely possible to manipulate the electronics through the in-flight entertainment system and satellite system to get to the avionic avionic. >> she said he did it to expose security weaknesses on airplanes. >>> a government probe into the safety of more than 10 million vehicles. >> consumer reporter erika gonzalez joins us to explain. >> they're trying to determine whether or not fiat chrysler told consumers about recalls in a timely manner and whether it fixed the safety defects properly. it affects 20 safety recalls ss covering more than 10 million vehicles. there will be a hearing in july to determine whether or not chrysler met the government standards for recalls. if they find chrysler failed to fix safety defects, it could order the company to bay buy back or replace the vehicles and chrysler said the completion rate for the recalls exceeds the industry average. the company said that

boeing, lockheed martin and airbus. it makes the presidential helicopter known as marine one.livia: millennials may become wall street's best friend. tobias laquon which. he says people move into their saving years between 35 and 39 and millennial's are almost there. this year millennial spot pass baby boomers as the largest population group. pimm: yahoo! may have a problem with uncle sam. the irs signaling it has concerns about person may or's plant -- about morrison mayor's land to spin off alibaba. olivia: cory johnson is with us from san francisco to do just -- to discuss. how good these potential changes damage yahoo!? cory: if the irs does make these kinds of spinoffs illegal or taxes them according to capital gains, it would be a disaster for yahoo! because they have spent millions of dollars contemplating the different ways and hiring advisers to figure out the different ways they can create this deal. they think they've created a methodology for the good spinoff this business into a separate unit and because of an operating business involved in the spinoff as opposed

. >> the folks with airbus and boeing are far too small to create some system like that. it's just ridiculous. tech writer bop sullivan is also skeptical, but -- >> there's a history of computer hackers on the right side of things tinkering maybe around the edges of the law, and we don't want to shoot the messenger here. >> okay. that was kerry sanders reporting. >>> president obama had his own twitter account finally. wait a minute now he has a twitter account? the white house in general had one. the campaign had one. that's barack obama. up until now the president did not have his own account. the first tweet was hello, twitter, it's barak. really. six years in, they're finally giving me my own account. the acronym president of the united states, potus. he's following people including flotus. >> you got to follow your wife for sure. >>> the microbeads in products that promise brighter skin and whiter teeth may be banned by california lawmaker because they end up in our waterways. the assembly is voting today to ban the beads. some say they end up in the water ways pollu

. >> the folks at airbus and boeing are far too smart to create some system like that.t's just ridiculous. >> reporter: tech writer bob sullivan is also skeptical but -- >> there's a long history of computer hackers who are on the right side of things tinkering maybe around the edges of the law and we don't want to shoot the messenger here when the messenger has an incredible important security problem to talk about. >> that was nbc's kerry sanders reporting. >>> well new insights into the cause of violent traffic confrontations. what is the one action that most likely triggers road rage? find out when we bring you the results of a new study. glenn? >> yeah we have chances for rain today and tomorrow but what about the holiday weekend? i'll have a first look ahead in my seven-day forecast. >>> google will launch bye buttons on search results in a few weeks. experts say it's a step towards the company becoming an on online marketplace. the buttons will appear on sponsored or paid results when people search for products on smartphones or tables. if you click on a link you

they have large orders for the airbus 320 and boeing -- >> what's the most popular plane that the goodrriers love? >> well, the real work force would be the 737 and the a320. but the new 787s. the mid-sized bodies, super long range. really comfortable. carbon i fiber. very light. they can have high humidity. it doesn't corrode. very popular with the airlines and customers. >> fascinating to watch your business grow. each time we speak, you're buying more a320s. more 727s. when are you going public? >> that's a graich. i hagreatquestion. you predicted that mcquarry would make a play for us. they have bought 90 of our aircraft. >> that's the backdoor way of getting into there -- >> we have 150 aircraft. that takes 90 aircraft out of our fleet. we'll grow again. we'll invest a billion and a half of capex buying more aircraft. as we discussed, we're owned by terra firma. >> and we know they always want their money back. >> absolutely. so it will be time to think about exit probably within the next couple of years. >> okay. keep us posted, ray. we'll be there to watch it. ray sisson, awas c

. >> the folks at airbus and boeing are far too smart to create some system like that.it's just ridiculous. >> reporter: tech writer bob sullivan is also skeptical, but -- >> there's a long history of computer hackers who are on the right side of things tinkering, maybe around the edges of the law, and we don't want to shoot the messenger here when the messenger has an incredibly important security problem to talk about. >> reporter: i'm inside the cockpit of a plane owned by trinity air ambulance. they allowed us in here so we could show how advanced the cockpit has become these days. meantime, the gao has just released a report that says any cockpit that is linked to the internet should be considered vulnerable, even to what they call malicious actors. tamron? >> well, let me bring in cybersecurity expert dave prossner founder of parameter security describing himself as a ethical actor and hired by companies to hack into their systems to find flaws. thank you so much for joining me, dave. >> no problem. >> you've seen the report also done your own research here. do yo

we reached out to airbus and boeing. to make sure you cannot infalt rate through the entertainment system. everybody is careful to say it's impossible to do that. the minute you say it's impossible there is the rare chance that something could happen. when i checked with others in the industry away from bowing and airbus everyone said the same thing. i don't think it can happen. it has a lot of people saying interesting headlines and a lot of people talking. at end of the day a lot of people say it's not likely. >> it's not something that we as passengers should be worried about. >> that would be my assessment. i would not think it's an immediate concern. >> what you have to have is for it to be possible and b, for a terrorist to be able to figure out how to do it. c, for the terrorist to want to manipulate an airplane. someone who is willing to suffer the consequences of whatever he does. that seems to be a rare set of s. >> okay. thank you very much. >> we are so lost in thought, pondering. >> that was a deep thought.

he says a security hole aboard three types of boeing aircraft and one model made by airbus.says hackers could take control of aircraft and the fbi now says they're investigating him for potential computer crimes aboard flights. now this is according to a search warrant application filed in court. roberts told the fbi in february and march that he hacked into planes up to 20 times including at least once making a plane do a lateral move. no one has verified whether roberts actually did any of this. he's not been arrested. boeing says there's actually no danger to passengers. a statement from them says in-flight entertainment systems on commercial airplanes are isolated from flight and navigation systems and roberts himself has gone back on twitter this weekend saying the fbi has it wrong and over the last five years my only interest has been to improve aircraft security given the current situation i've been advised against saying much. we'll see where this investigation goes. >> what should we believe? did he take over the airplane or not? >> i've been asking people all weeke

pilot shortages but how are we training those pilots for advances in technology say for an airbus or a boeing aircraft which has a glass cockpit and had we look at those technologies that are developed on the western side of the world and engage with the eastern side of the world when you're basically trying to fly the aircraft? imagine for example, if you are flying an aircraft was made in china and was largely in a society of mandarin chinese and your english trying to fly that aircraft. on a digital aircraft. it would be difficult. in closing, i agree. i think infrastructure transportation is important to how risky are we taking our risk and how certain are we about our uncertainties? and how will because the transportation enterprise for 2050 and beyond? it's about moving people, ideas and things both physically and virtually. >> thank you very much for those thoughts and insights. our final present will be beverly swaim-staley whose ahead in president and ceo of the project right near here that we've all visited probably many many times, to union station redevelopment corporation, and sh

boeing. they are looking at production. to company is really working convert a record order into hard cash. it competes against the airbus 320. a 60-month setting timeline. gaining more from the factories, a huge focus for the chicago-based boeing. they collect 60% of the new jet's price before delivery. he remains confident that there is ample demand for boeing's planes. they are also raising the 787 dreamliner's. still some investors are sorting to get worried that order activity may be tapering off after years of growth. the question is, is raising rates making sense here? so far, it has been a slow start, $88 million in the first quarter, the slowest mf of the quarter since 2011. rishaad: how one gold mine in australia is cheaper than a house in sydney. program, taking another hit. efforts taken aback by a new quake. we look at how the asia-pacific region may see more drought and typhoons thanks to el niÑo. david: president obama trade agreement is flushed out. is keen to finalize the 12-nation transpacific partnership, but senate democrats refused to advance the legislation without guarantees. just one democrat vote

dollar-had based but there's only a dualopoly for big planes you got to go to boeing or the other guy. >> you can name it airbus, that's fine. >> you know -- >> i got it. >> boeing is one of the performer. the dow is down 82 put until recently been in the green. >> thank you, we've got to go. thank you, folks. fun discussion to welcome kelly back. >>> 15 minutes to go into the close here. even though interest rates are moving up, maybe because of that we are seeing pressure across the board. the s&p offering 9 points now, nasdaq trying turn pos, it's down 5. >> how much is digital viewing adding into tv ad dollars? we'll find out when we come back we'll tell you when media giants are thriving and suffering during this digital revolution. >>> and since friday wall street upgraded the stock to a buy. we've got that coming up on "closing bell." it took tennis legend serena williams, fencing champion tim morehouse and the rockettes years to master their craft. but only moments to master paying bills at chase.com. depositing checks at the atm and transferring funds on the mobile app. technology designed for you. so

how will be trained this pilots for advances in technology for airbus over boeing, which has a glass cockpit. then we look at technologies that are developing in the western side of the world and engage in the eastern side of the world when you are basically trying to fly an aircraft. imagine you were flying an aircraft made in china and it was largely in mandarin chinese and your english trying to find the aircraft. on a digital aircraft. it would be very difficult to try to advance in a cultural issue involved in that. that is what we are talking about and work or civilian as we go forward. in closing, i agree with frank knight. he would say that transportation is very important. he would ask how risky are we? how certain are we about our uncertainties? how will we grow the information -- transportation enterprise for 2050 and beyond? it's about moving people, ideas, and things with physically and virtually. senator breaux: thank you very much for those thoughts. our final presenter will be beverly swing stanley, the ceo of a project right near here that we've all visited many time

. >> and boeing has also cast doubt on chris roberts' claims. airbus has not commented. but preaviously said it had security measures in place. >> we'll take a very short break here. still to come, a look at what's in store for those left behind in ramadi after the key iraqi city falls to isis. >>> plus, we'll explain why nasa scientists believe one of the world's biggest ice shelves will be gone before the decade ends. we are back in a moment. i'm reworking the menu. veggies you're cool... mayo, corn dogs... you are so out of here! ahh... the complete balanced nutrition of great tasting ensure. with nine grams of protein... and 26 vitamins and minerals. and now with... ...twice as much vitamin d ...which up to 90% of people don't get enough of. ohhhhhhh. the sunshine vitamin! ensure now has 2x more vitamin d to support strong bones. ensure. take life in. can a a subconscious. mind? a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive? and when you bundle your hom

boeing 737s and 757s. they don't have the fly-by wire systems and can't be hacked. on the airbus a-320 the system is closed. despite no proof of the claims one of the airlines on which he was a passenger -- united -- has banned him from their flights forever. kerry sanders, nbc news miami. >>> the relentless rain in the country's mid section took a devastating turn for a louisiana family when flash floods swept away a car driven by a grandmother taking her grandkids to school. one of the children was later found dead. if texas over the weekend the national guard had to be called using a helicopter to rescue those stranded by flood waters. there is a lot more to tell you about monday night. i still ahead, twists in a baffling murder mystery. a family killed in their multi-million dollar hope. a person of interest caught on camera. tonight we'll tell you about the strange activity in the neighborhood observed in the days before the murders. later, when you just can't find the right words to say to someone you love one woman says she has just the message and my constipation and bell

boeing 737s and 757s. experts say they don't have the advanced fly-by wire systems and, therefore, can't be hacked. on the airbus a320 the fly-by wire system is closed. despite no proof of roberts' claims, one of the airlines on which he was a passenger, united, has banned him from their flights forever. kerry sanders, nbc news, miami. >>> a severe weather system dropped hail the size of golf balls near pecos, texas on monday. the national weather service there was up to a foot of hail blanketed roads. it spawned at least two brief tornadoes in the area. let's get the latest bill karins is here with more. hail? my goodness. >> here is your fun fact of the day. >> okay. >> i don't know. it's bad for both. texas worth wekter by far than any location in the country. two rounds of thunderstorms went in and reports of ten feet of water. airport is closed for the entire day because of flooding in the terminal there. they're clearing out, but it was a rough night. the storm continues to linger throughout the area. as far as colorado goes, you're next. it looks like a lot of heavy rain. there's snow in the mountains. ev

. >> the folks at airbus and boeing are far too smart to create some system like that.us. >> reporter: tech writer bob sullivan is also skeptical, but -- >> there's a long history of computer hackers who are on the right side of things tinkering, maybe around the edges of the law. and we don't want to shoot the messenger here when the messy have a good message. >> reporter: the gao released a report this month that said any cockpit that has connectivity should be considered open and potentially open to a threat. natalie, savannah? >> thank you. important to take these claims seriously. >> terrifying. >>> we will take a turn. let's get a check of the weather now from al. >> announcer: "today's" weather is brought to you by pure michigan. your trip begins at michigan.org. >> right now it's kind of warm and humid in the northeast. we're going to see a change as a back door cold front pushes down bringing in air temperatures off the water there about 49 degrees. so temperatures boston 60. ahead of that front we've got a warm front. temperatures in the 80s. 10 to 15 degrees

of the aircraft he said he was able to do this on boeing says there is a separation of the computer systems, that it's not possible. same thing with airbuss he's able to do this. airbus said they put spy laws to make sure this doesn't happen. this is an investigation still going. i should say chris roberts has been tweeting in the last couple days after this affidavit was made public and he says that the fbi has taken everything that he said out of context, and he hasn't said anything more about it. >> really quickly, is there a feeling he was blowing a whistle or was this some kind of cat and mouse game or do fbi investigators think there is something else behind this? >> i don't think they know what to make of it. they clearly don't have enough to charge him with a crime right now, but they are investigating. he's been keeping business inside the security. >> evan perez, thank you so much. we'll talk more about this now. brian fitzgerald is the chief strategist at ifa, a cyber security information company. your company was actually holding a conference where this alleged hacker chris roberts, was supposed to serve as a panelist. what m

boeing a big dow stock. people worried because the dollar and airbus. i could tick down what worries are coming out.e worried-free into mother's day is victory. >> who do you have at 12:00? >> i've got to think about it. i don't remember. >> that is a plug. >> you caught me by surprise. alibaba. i'm punchting like tom brady. >> alibaba. goldman says buy it. up 2% right now. yahoo is going to take that capital and reform the company. i do think this alibaba can go like goldman says. can go to the 90s. 40% growth with cost control is better management. it's not done. it bottomed. it was the ugliest chart in the book going into the quarter. >> monster. >> i was on that conference call. guys, do you have to just say everything's horrible? the way you play monster and keurig is coca-cola. they did lose to red bull. >> my producers for the halftime show were furiously typing me. we have pimco, paul richards of ubs who made big calls about the economy and the jobs report. and oh by the way, the president is speaking at nike. we'll have that live too. >> sayrera. it's like the eisen hour. i've been waiting

andrea: airbus has generally been a maker of super airliners. they make half of the world's civil aircraft and boeingkes the other half. a number of years ago they decided to take on a military project. this is a large air transport. it can be used for both humanitarian support purposes and for refueling and for flying large number of troops or materials into war scenes. it has four large turboprop engines. the biggest engines ever built. it is an unusual product. there were only 174 of them ordered. they were ordered by seven european governments as well as malaysia. outside of the initial clients they had one export by malaysia, and they had hoped to find many more export clients including possibly the u.s. manus: thank you very much for giving us that update. join mark and i and the whole thing here on bloomberg on twitter. the crew that matters today. i am a bit more gracious than that. and it is at downing street. -- anna is at downing street. we will give her another day. join us both i am -- i @manuscranny and mark @markbartontv. mark: we look at the threat looming over europe. greek has his b