thank you on a more serious note only weeks ago it sounds like boeing was done with the 737 max well now the company says it plans to return it to service by mid year though that apparently is still delayed boeing claims it will take longer than expected to get through regulatory scrutiny i think on the flight control system that has been blamed for 2 separate airline crashes last year that killed hundreds reuters is reporting that regulators have been pushing back the time needed to approve the plane which at one point was expected to happen in february or march of this year but that's not going to happen keep in mind 737 that has been grounded for almost a year now was speaking to davos president trump called the boat win situation a disappointment in an interview with c. and b. c. meanwhile boeing's biggest rival european playmaker air bus hit all time highs on wednesday in fact as we reported on monday airbus is opening a new plant in france to keep up with the surge in new orders it is receiving for its airliners they're doing great but anyway. and that is it for this time you can catch boom bu

the economy in companies as well. let's talk about the boeing situation. the company now denied former ceo dennis muilenburg severance when he was ousted for his handling of the 737 maxreport says he'll walk away with $60 million. outrage. among the comments, one victim's family saying, quote, he should be filing for unemployment it's sickening how many great engineers could they hire for that kind of money? all of this as airbus is set to overtake boeing as the world's biggest planemaker once boeing reports its results next week. i bring this up because economists and even treasury secretary mnuchin have talked about the impact from the grounding of the 737 max is boeing one of those we have to watch with regard to a bellwether for the economy >> in the first quarter, the stopping of the max production, could cut gdp growth up to 0.5%. it is profound the hope is the back half of the year they get back to normal and we get that back while there's definitely an impact, no question, i think the assumption it comes back in the back half mitigates the worries of the first half. >> let's talk about the consumer it's been the big driver of the economy. arguably for the las

the company with a new ceo. well, now federal regulators saying there could be other problems that were under disclosed with the 737 maxet. one of them possibly including the wiring of the plane that helped control the tail of the max. of course this may be an impediment getting that plane back up in the air. melissa. melissa: jackie, thank you. coming up, disgraced hollywood mogul harvey weinstein has been indicted on new sex crime charges in los angeles. this on the very day he was in court in new york to face the start of his separate sex crimes trial here. we will take you to australia where officials are promising another $1.4 billion to help the recovery efforts in the wake of those out of control fires that have killed at least 25 people. as a struggling actor, i need all the breaks that i can get. at liberty butchemel... cut. liberty mu... line? cut. liberty mutual customizes your car insurance so you only pay for what you need. cut. liberty m... am i allowed to riff? what if i come out of the water? liberty biberty... cut. we'll dub it. liberty mutual customizes your car insurance so you only pay for what you

now offers zero commissions on online trades. ♪ >>> well boeing is down a lot. it has re-opened after the company announced that it does not expect to have its 737 max's flying until020. that is now the goal post and that goal post has been changing boeing down 5% but that's nothing compared to stocks you have been watching. >> melco resorts down almost 10%. m fwrch mgm resorts down almost 6% >> wynn the worst performer in the s&p 500 and ual. >> fundamental, fundamentals, fundamentals, stick with them. >>> watch the episode tonight. we'll see you tomorrow >>> welcome to the "closing bell". i'm wilfred frost. here at the boeing post today. the stock of halted. now trading again after the company pushed back expectations when the 737 max will fly to the summer it's down 5% as we stand lots more details on that coming up >>> and i'm sara eisen at the word economic forum in davos, switzerland where president trump set the tone early talking about the america's economic achievements huge skpus for