there's airbus and boeing for large jets.ir, bombardier, china coming into it, but those are smaller mid-sized jets. larger jets, you buy one of those two, that's kind of it. the bear case, a little bit harder, david. do you feel like boeing has fixed what many view as a management culture that has gone wrong? is that fixed with kelly ortberg? >> yeah, so you're right. in terms of highlighting the demand environment, the airlines need 1,500, 1,600 airplanes a year. and right now, they're only able to deliver like 800. both airbus and boeing have five-year plus backlogs. that's the positive part. on the cultural side, no. it's still early days there. it's going to take a while. it's not something that you can't get into the kind of mess that boeing has got into. and turn that around quickly. and like i said, i didn't think that that would happen with someone, you know, leading the company that was an internal person. i thought we needed someone from the outside, and they now have that person. and, you know, he's, you know, fou

boeing is taking on this challenge. they're doing it with enormous focus. had to make some very hard decisions. but going forward, i do believe there is reason to remain extremely confident because again, we fundamentally need boeing to get back in the air because it is ultimately part of the critical ecosystem of our world's economy and our world society, not to mention the future of sustainable aviation. so there is a great deal of hope, and it's nice to see again that the stakeholder ecosystem is being very supportive of boeing and the challenge that it faces. >> anita, let me ask you, just for disclosure purposes, whether you're consulting firm has a relationship with boeing. for our viewers. >> i do not have a commercial relationship with boeing, nor a political relationship in any way. i'm an independent consultant and thank you for asking about that. i work very closely with the aviation and travel and tourism community as a whole, but i do not have any employment or commercial relationship at all with boeing. i do, however, have enormous respect and

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gianno, is it boeing or jaguar?about jaguar, they clearly cut that ad before the election outcome and didn't realize the climate had changed. and they should have known not to run that. >> i see two big slabs here. jaguar and joe biden. sku and he wouldn't be a flop! in the election he was income he won. he won the primary and they were like, you got to go. so they flopped for him. i think it was part of the challenge there. boeing, one more proud moment for you if you happen be watching at home. we are giving you the flop of the year. [applause] early contenders for next year, totally different story, because we get to start over now. but you are supposed to learn the lessons. the recent boeing deserve to lose is because bud light did that to the customer base a year earlier, and boeing literally said to bud light, "hold my beer." literally connected biggest domestic beer manufacturer in the world. they're like, "hold my beer, i'm going to put on some flip-flops and run my way through this commercial." and this is

is it boeing planes? it is joker. >> it's a 100% boeing. that's terrifying. >> you got to keep the door on the plane. >> keep that on there. >> and it's like the big. you know why? she's probably right here. because their flop is ongoing. like jaguars campaign tanked. we laughed at them. it's over. yeah. joker two is obviously a laughing stock for the wrong reasons. but boeing is still failing because the astronauts are in space. you know what i mean? so it's probably their fault, right? >> it's a big deal. >> i mean, do you care to contradict the lady or are you giving it to boeing? >> no, i think boeing. is it because he got humans involved? yeah, literally. is that good? is that too soft? >> and i see what he did there. he's like, no one in hollywood is a human. jimmy, don't worry about joker. they're fake people. i know them bad. i've been in movies, johnny dangerously. you could stream it right now. come on. >> i've been in things. gianno. >> is it boeing or is it jaguar? because jaguar has one thing about jaguar and you know this to b

boeing says the issues are tied to redesigns, supply chain problems and inflation. you joined a gym on january 1st with the best of intentions, but now it's time to call it quits. i'm consumer investigator chris chmura. we'll show you how to cancel a gym membership and protect yourself next. i'm chief meteorologist jeff ranieri. sunny today. but the atmospheric river, it's gog to be hitting northern california. we'll take a close look at the totals across the state. and where could get over five inches plus sierra snow and what it could a meanll for all those making it big out there... ...shouldn't your mobile service be able to keep up with you? get wifi speeds up to a gig at home and on the go. introducing powerboost, only from xfinity mobile. now that's big. xfinity internet customers, cut your mobile bill in half vs. t-mobile, verizon, and at&t for your first year. plus, ask how to get the new samsung galaxy s25+ on us. january, when the new year begins, there's a whole new rush to sign up for those gym memberships. and then a few weeks go by and there's a whole

boeing earnings have crossed the tape. the estimates as you can see on the screen, the actual numbers missed the estimate. cheryl has all the numbers now. >> they missed. they missed big on earnings per share and revenue. the earnings per share, a loss of 590, a loss of 590. the street was looking for a loss of $3 and 15.2 billion in revenue, that missed estimates, 16.21116.21 billion was the est. a lot of this was the strike, the commercial and defense units. this is the biggest loss boeing has had since the year 2020. and that west coast strike certainly was a problem with production but also they're foregoing setting any financial targets for the entire 2025. no financial targets. no forecasting. no one seems to like that right now if you're a boeing shareholder. back to you. maria: stock is down half a percent, that took the dow down and other averages as well. we're going to keep following that. we're going to slip in a quick break and come right back at it. don't miss it. you're watching "mornings with maria" live on

boeing works down inventory.g destocking risk for some suppliers. so that's obviously i think what you're seeing now is reflected in that sentiment. and broadly speaking, when we think about competition for boeing, boeing just needs to take care of its own business here. it needs to execute. and i think it's got a great opportunity to do that. and if it can, i think you've got continued room for the shares to work. >> all right. ken herbert $2 price target overweight rating on boeing. earnings coming up. really appreciate your time and your insight. thank you again. >> thank you frank. >> and for our audience, you don't want to miss an exclusive interview with boeing ceo kelly ortberg that's coming up today on squawk on the street, coming up at 9 a.m. eastern. that's a cnbc exclusive. you don't want to miss. all right. looking at starbucks as well. also set to report its latest results after the close today. the coffee giant's troubles not expected to ease up. earnings and revenue are all expected to fall year ov

the big problem for boeing, problems beyond its control because boeing had a series of issues last yeare of its workers towards the end of the year which has been resolved now. it looks like the entry into service of that fleet is going to be delayed and as a result the forecast passengers for the whole of this year has been revised downwards from 210 million to 206 million. in downwards from 210 million to 206 million.— 206 million. in terms of the passenger _ 206 million. in terms of the passenger experience - 206 million. in terms of the passenger experience with i passenger experience with ryanair, they will not feel it in the sense that it's not going to impact the experience they have, it is just it is not they have, it is just it is not the flights available, we fleet is not there that ryanair initially hoped for? exactly. in terms — initially hoped for? exactly. in terms of _ initially hoped for? exactly. in terms of bookings, - initially hoped for? exactly. in terms of bookings, all i initially hoped for? exactly. | in terms of bookings, all the seats are already on sale and ry

so, pete, what is boeing saying?> well, boeing says it's making progress, but it's not out from under the federal microscope yet. >> it's hard to believe that it's been almost a year since that dramatic door plug blowout. not only one of the most significant u.s. airline incidents of the last decade, but it kicked off major scrutiny of boeing's quality control. and in a new blog post, the head of the federal aviation administration insists that will not stop. mike whittaker will resign as faa administrator on inauguration day, only 15 months into a five year term. but whittaker says boeing's turnaround is not over, even after the faa did a massive audit of boeing's production line and flooded boeing's renton, washington, plant with inspectors. these same factory where that brand new 737 max nine was delivered to alaska airlines without the four critical bolts that held the door plug in place. whitaker says this. this is not a one year project. what's needed is a fundamental cultural shift at boeing that's oriented ar

i've always been a boeing guy. i have had a lot of boeing airplanes in my day.lot about the company and its possibilities. >> david, we have to leave the conversation there. you keep the sunny outlook for 2025. >> yes. sun's on my shoulder. >>> thank you. coming up on "worldwide exchange," why the wd orof date for stephanie link is strategy. we'll be right back after this break. what if your mobile network wasn't just built to work out here... ...but was designed differently to also give you blazing fast wifi where you are most of the time? reliable 5g, plus wifi speeds up to a gig where you need it most. xfinity mobile. xfinity internet customers, ask how to get a free 5g phone and a second unlimited line free for a year. >>> welcome back to "worldwide exchange." as we close in on 6:00, a few of the stories we are watching this morning. u.s. steel are down more than 8.5% on reports that president biden decided to block nippon steel's proposed $15 billion takeover. the official announcement could come as soon as today. >>> meta platforms shaking up the policy te

>> boeing's been tough. i mean, really for the last several years, you want to find an entry point into boeing. we need to keep making airlines. but there's really not enough planes to go around right now. they need the more efficient planes, and the demand is still there. they just keep having issues. >> why has it been such a mess for so long? >> your guess is as good as mine. i'm not management there, unfortunately. it's just something completely unexpected. the recent news of a crash, we you all thought we were past that, but it's hard to jump into something that seems like such a mess from a management standpoint. >> thoughts on boeing? >> yeah, i bought some boeing a little bit after they did that very big capital raise of $24 billion. i mean, to me, that was really important. an important event. they've had tremendous issues, it used to be a great cash flow story, and now it is negative. so, that's a big change. but i think when you're as down and out as boeing, every little thing becomes a big thing.

. >> so boeing was forced to pay $443 million to the airlines. >> this caused a real problem for boeing. >> boeing ceo dan calhoun was hauled in front of congress in june, and he was kind of on the hot seat. >> this is what boeing has provided to this committee in response to our request for information. complete gobbledygook. yes. >> he ended up stepping down in august. >> that was a rock solid, gold plated name you could rely on. and 2024 was the year where people started asking the question, is that really the case? >> but boeing had something up their sleeve that may just turn this whole thing around. >> on june 5th, boeing starliner calypso would be launched on its first crewed mission. >> boy, i tell you what, i'm counting bolts on that one. >> when they were trying to dock with the space station, five thrusters malfunctioned and there was a helium leak. >> the two astronauts got into the space station, but now no one trusts the boeing spacecraft to get them back. >> the astronauts were going to have to spend christmas in space. it seems like a hallmark movie, doesn't it? >> those

remember, the faa did a massive audit of boeing's production line flooded boeing's renton, washington, plant with inspectors. the same factory that that brand new 737 max nine was delivered to alaska airlines without the four critical bolts that held the door plug in place. whitaker says this in this new letter. this is not a one year project. what's needed is a fundamental cultural shift at boeing that's oriented around quality above profits. that will require sustained effort and commitment from boeing and unwavering scrutiny on our part. the big question now is who will lead that federal effort? and whitaker says he has the utmost confidence that the agency's highly skilled and deeply committed team of safety professionals will continue to apply the rigorous oversight required to make sure this happens. after my tenure as administrator ends, though, it will be up to president elect donald trump's second administration to nominate someone who could get confirmed by the senate. that job has really been in the spotlight the last few years, and the rumors are flying right now. but no c

because boeing was off to the races.lts late january, that will be the chance to talk to kelly warburg and get his perspective on the changes, and his belief is that this company is making progress and moving in the right direction. but he has been very careful to say go slow but get it right. don't run and make more mistakes. go slow and get it right. and he believes that is gaining traction and will pay off as production increases this year. >> and the question is how much patience will wall street have with any of this as well. >> yeah, actually. >> phil, stay there. we have more on boeing and the challenges ahead in 2025. for that we are joined by billy nolen, former acting faa administrator. and now in terms of progress, how would you rate what boeing has done today? >> let me start by saying phil did an excellent job of the overview. i think the point that boeing is doing what it has committed to the faa that it would do but the devil is in the details. that ability for kelly and his team to be able to sit down at

can boeing bounce back this year? note, of course, boeing is the "b" in tim's band trade, we unveiled the other day. but you have also been talking positively about boeing. >> i felt like a genius trading at 180. and here we are back at 167. i will still say, the secondary priced 148 or so. i think that is going to be for the foreseeable future for the low. these are a bit of retracement. i'm a believer. i get delivery numbers are important. but this is bigger than that. i think just increment. lack of bad news, if they can just get out of their own way. >> that's a big if -- >> nothing change the. >> if you look at backlog, too. air bus is 8600. with boeing, it is 5500. it's not just deliveries. and to guy's point, getting out of your way they can't. and when you look at the stock. guy talks about this a lot. the percent of revenue from the government is 54%. >> wow. >> that's the only thing that keeps this stock afloat, right? i don't want to mix -- >> do you think that goes away? >> no. i don't think it goes away.

boeing made fewer than half as many aircraft as its european rival airbus and it lost billions when weth the all that to come who took part in last summer�*s riots last summer were driven by a deep distrust of the police — murders. last summer�*s riots quickly spread to dozens of towns and cities, fuelled by far right misinformation on social media, racism, and tensions over immigration. involved in the violence. and had different motivations. most of them were white boys aged between 14 and i7. england�*s children�*s commissioner, who spoke to 20% of last summer�*s riots. unrest in the future and more young people ending up of children born in cramped and dangerous living spaces is on the rise. new figures reveal more than 70 children in england, he has been sharing this hotel room with his sister harper, his mum danielle, and his brother calum for 137 nights now. the kids sleep here. this is what i bought. i was always scared that he would roll out small space is going to create mould. the bus sometimes is ok. do you want to do it? on its waiting list and it�*s trying to move people

but of course, the big problem there for boeing, problems beyond its control, because of course boeingng in a long strike of its workers towards the end of the year, which has been resolved now. but it looks like the entry into service of, of that fleet is going to be delayed. and as a result, the forecast of passengers for the whole of this year has been revised downwards from 210 million to 206 million. those are the top business stories. fasten your seat belts later, when the us markets open it will be at roller—coaster ride. officials in belarus say that alexander lukashenko has won the presidential election on sunday. critics says that mr lukashenko, who is a close ally of russia's vladimir putin, rigged the poll to ensure a huge margin of victory. by by jailing byjailing opponents are forcing them into exile. steve rosenberg is in the belarus capital minsk and gave us his analysis. election officials claim that mr lukashenko secured nearly 87% of the vote. but as we marvel at these astronomical numbers, it's important to keep in mind that he faced no serious challenge or challeng

we also had results from boeing. quarter the plane maker billion last year. industry was grounded by the covid pandemic. and a crippling strike by factory workers on the us to be done to right the ship. well, i think what we've seen out of bowling is that they are [e] behind them putting last year behind them there, really about the 5 that77 j thaté made improvements that they've made to culture, to their and and so ”riffandi ————— . —— — ——,—— ”wizandthey” ’ w 7 7777723315473}; 77 7 7 77ar71d7they7a7re7 rear” ferth and they are realyffl—rflw—w on ferth and they are reattg ~ , ,,, on the ferth and they are ready ~ , ,,, on the hard yards to e7=z of77explain that this is a sort of explain that this is a company that's changing in some ways going back to its roots of being a w= to say that, interesting to say that, beyond safety, the because system is that whether or not they can make the in time, we see of waiting, lots of airlines waiting, struggling to fill the gaps it comes to the lack of when. it cemes ta thetaetaf

the impact of boeings delivery delays a factor that has been cited. there headlines profit after tax for the full year expected to fall between 1.5 and 1.6 one billion euros, down from 1.9 2 billion last year, again the impact of deliveries from boeing. neil sorahan sitting on set with me bright and early. thanks for joining us. let's talk about boeing, that's clearly the main impact in the downgrade in passenger numbers for 2026. where are boeing in meeting those deliveries that you demand from them? are they finally catching up? neil: myself and michael were in seattle a couple of weeks ago. my third trip the last 12 months and i have seen notable improvements. things are definitely improving, the quality of the fuselages from wichita spirit much improved so i have high confidence that the additional aircraft we need this summer to get to 181 game changers and deliver those 206 million passengers will happen. but equally have a high level of confidence that the remaining 29 aircraft in our 210 order book will be delivered ahead of next summer 2026 w

stuck on the runway — boeing plane deliveries drop to the lowest level since the pandemic.nd cashing in on trump's china tariff threats — india's tech businesses look to pick up the slack. we start in the uk where the latest inflation rate has just been published showing an unexpected fall in the rate at which prices are rising. the consumer prices index rose by 2.5% in the 12 months to december last year, according to the office for national statistics — that's down from 2.6% the previous month. the fact that it is now going down rather than going up is a relief for many. restaurants and hotels helped keep the rate down, with transport pushing prices higher. despite a slight fall, the rate is still above the bank of england's target of 2%. the base rate of interest in the uk currently stands at 4.75% and some analysts expect a more cautious approach to rate cutting this year with inflation remaining high. the bank of england's next decision will be early in february. the latest figures come after pressure has increased on the public finances in recent days due to governmen

doing a search for boeing defense.rong indicator how culture change is at the company. shorter term, investors are thinking about and this happened the past two years, do we want to be long airplane producers or parts producers. the long bet was airplane producers, but parts producers won that. that debate is going on in the market. we are hosting the bank of america forum where we talk about supply chain issues and do you want to be long the airplane makers or parts makers. >> the culture change proceeded the guy ortberg replaced. the culture issues you talked about that need changing. this is a decade at least. so re all of the problems. how long the problems go back? the software? >> if you go back 2019. culture won't change overnight. there's no way it will. >> talk about changing culture. >> for sure. for sure. >> that was just the most recent total fiasco, the door plug. what's -- you think it's over in terms of shoes dropping? it was a ipede. centipede. >> the door wasn't bolted on. the faa is inn expecting them

yeah. >> we've got breaking news here on boeing. shares of the aerospace maker lower though well off after our session. lows after preannouncing fourth quarter results. phil lebeau has got all the details. hey, phil. >> hey, melissa. these are ugly numbers for the fourth quarter. not a surprise, given what we saw with the machinist strike and the implication that it had for commercial aircraft production. so here's what boeing is preannouncing in terms of earnings and revenue for the fourth quarter, a gaap loss of $5.46 a share. now, there are not enough analysts to tell us exactly what the gaap estimate is. most report core earnings, and they expected a loss of a buck 84. the gaap estimate that some are citing is a buck 36. any way you look at it, this is about $4 worse than wall street was expecting revenue coming in at 15.2 billion, $1 billion shy of expectations. and then there are charges in the fourth quarter totaling $2.8 billion. how do those charges break down? some of them are with the commercial division. some of them are

boeing has been under heavy scrutiny since january 5th of last year after the cabin door of an alaska airlines plane ripped off mid-flight. several other safety incidents followed throughout the year. the most recent happened less than a week ago in south korea. 179 people were killed when a boeing aircraft had a landing issue and slammed into a barrier before bursting into flames. the faa said today a fundamental cultural shift is needed at boeing and they're enhanced oversight of the company will continue. a warning tonight to those headed up to the mountains, prepare to share the road with local wildlife and watch out for bear crossings. bear cub and its momma were recently hit by cars. advocates sharing this photo of the bear family. the mama bear survived, but sadly, they say the cub in the middle of this photo was killed when it was hit on new year's day. the barely is urging drivers, especially during ski season to slow down and be careful. if you see these animals on the road. the mountains to the coast, high surf advisory is in effect through early sunday morning. officials s

that's boeing.tion that new orders from boeing would actually be rebounding. at this point. they were down 45% becky. so that's a reason that's where a lot of the weakness came from. you also had a decline in defense shipments and capital goods orders. but what rick did was zero in on the part. the nondefense capital goods ex aircraft. why do we care about that. that feeds into the gdp numbers. and when that was revised up in the prior month, as well as coming in strong this month, it's going to help her flatter some of the forecasts for gross domestic product as well as other economic activity that's out there. so steady as she goes with some variable notion about what's going on with boeing and orders and production at that particular, might i say, troubled shop. but becky, we're looking at the fed today. and amid the uncertainty of fiscal policy and the persistence of inflation, respondents to our cnbc fed survey, they dialed back somewhat their expectation for rate cuts. still sticking rates are

boeing is donating $1 million to incoming president donald trump's inauguration.lane—maker joins trump's inauguration. the plane—makerjoins a host of major us companies donating to the event, including ford, microsoft and meta. boeing previously donated the same amount to the last three inaugurations, including trump's first one back in 2017. now the latest on the wildfires in los angeles. officials are warning that most of the fires are still uncontained, while smaller blazes are being tackled successfully. according to some reports, the damage incurred could cost nearly $60 billion. the bbc�*s north ameria business correpondent ritika gupta has more on the economic cost from this disaster. wildfires engulfing swathes of los angeles are expected to be one of the nation's costliest natural disasters. it will likely cause tens of billions of dollars in damage and economic loss, according to accuweather. the blazes burning in santa monica and malibu are consuming some of the most pricey real estate in the us, affecting areas where the median home value is more than

with boeing weekly to review their progress, and conducting a number of unannounced audits.is is not just a one-year project, and the oversight is here to stay. meanwhile, boeing says it is reducing defects by increasing inspection points, introducing a customer quality approval process, and using employee feedback to address items in commercial airplane production. the company says it also invested in its speak up program. it allows employees to feel more comfortable raising concerns confidentially, and know the status and resolution of their reports. there have been a number of incidents with certain types of max planes, that include fatal crashes and groundings going back to 2018. the ceo of boeing said the company developed a comprehensive safety and quality action plan with specific metrics to hold themselves accountable. boeing has always maintained its planes are safe to fly. guys? >> janai: important information. that impacts a lot of people. jaclyn, thank you so much. >>> time now for a check of the weather and somara theodore is tracking a lot through a big section

for now, traders have pared their bets on boe cuts. in december and bailey said there would be four this year. at the moment they are only fully pricing one and a half total. of course, as you say, it comes back to the chancellor too because if you get a shock inflation spike today, you can see gilt yields rise and that would further wipe out rachel reeves' headroom. tom: you talk about expectations for markets that maybe they only go once this year. to what extent is that consensus? what are you hearing from economists in terms of what would trigger a more dovish bank of england and whether there is a debate happening around qt and whether they start to fade that? lizzy: because thank you chief situation feeds -- the qt situation feeds into the gilt situation. you could look at the moves yesterday and think that actually maybe reeves has made it out of the turmoil. and it was right of her to go to beijing and stay calm. you heard from the bank of england's deputy governors saying the moves were orderly, echoing reeves' deputy jaron jo

i'm looking at boeing on your list, it takes a lot of crossing your fingers to bet on boeing right nowig thing with turn-arounds, the key is solvency risks. they still have a due won ally, they till have half a trillion back lock, so we like boeing -- backlog. and trump has said he wants the rest of the world spending massively on defense spending. boeing is going to be a beneficiary. we like that story continuing. taylor: okay. thomas hayes, thank you so much. a penny for your thoughts as well. we're firmly in record territory. the s&p 500 closing at an all-time high. it is the first record of 20 the that the -- 2025. the nasdaq also just turning positive in the last hour so tech, again, leading the way. that's it for "claman." "kudlow" is next. larry: hello, folks, welcome to "kudlow," i'm a larry kudlow. deportation rates across the country, meanwhile -- raids across the country, mean meanwhile president trump laying out his economic prosper ity man. dei is dead and, i'm sorry

the c 919 was tended to be a potential competitor to western manufacturers such as boeing and airbus. it was recently unveiled at this single port international aviation conference via crypt concurrently only be used in mainland china and international approvals has still not been secured. every airline would be delighted to have another manufacturer, especially those in asia. isaac pacific, we think, is going to be the fastest growing region the next 20 years. the population trends in asia suggest a young growing ending increasingly wealthy middle class. and it wants to see the world. it promises to be a gigantic growth market for the entire aviation industry. cars, cars, a global phenomenon with millions of unique stories. that could be in a german coffin. we need you guys wherever you are. however, up to your flex fashion as our module and jo. stories our currency. yeah. we found cars from gemini and the craziest place all across to your stories you ideas come with the question is now slash if we go next, right to wherever your sentence your stories and your crazy car into the let'

he's getting itself ready from new uniforms and new connections to order a 470 new boeing and airbus aircraft. the big truck into your traffic had been going through other people's airlines in the you know, where it's, frankly, were any good. but that has changed. and here india is now under new ownership, indigo. very good. everyone is expanding to international routes and all of them are ordering plans and hoping to get them soon. mobile demand for aircraft is increasing rapidly. wherever lines are expected to meet almost 41000 more aircraft by 2040 to boeing's and air buses. water books are already pretty filled up for the next decade. that's also an opportunity for new competitors. chinese aircraft manufacturers wants to take advantage of this and know, developing new aircraft they've got the testing to it's a pretty good market. even if the, even of growth is slowing, a lot of government resources, the only thing they could do to screw up this formula is to do what they're doing. their strategy towards developing an airline industry. and airliner industry is kind of all wrong. t

boeing shares pulling back following preliminary q4 results.says it expects to take a $4 billion hit in the final three months of 2024. that includes a $1.1 billion charge related to strikes that impacted its 777x and 767 programs. a blackstone unit is buying a virginia power plant located very close to some data centers. blackstone energy revealing for the deal for the potomac energy center to reuters, saying the sources with sources saying it will pay $1 billion and the bank of japan hiking rates by 25 basis points as expected, bringing its policy rate to the highest level since 2008. the move comes as policymakers face sustained inflation and rising wages. all right, one more check on us stock futures. we've been watching all morning long and the red across the board but just fractionally throughout the morning. taking a look right now our latest check we are seeing. well we'll show them to you just a second. again still in the red across the board. we also want to return back to davos right now larry fink. that's the blackstone ceo speaking

let's turn to boeing.uring quality are still in early stages. joining us now, sheila kahyaoglu of jeffries. happy new year to you. is he going to be a happy boeing? sheila: we will see how it works out in 2025. it looks like they are on a better path. you know, barring any production issues. they have completed a strike. they have done a $24 billion equity raise. they are reducing their workforce by 10%. they still have issues. programs that are losing in commercial airspace. defense programs that are losing about $3 billion this year. they are focusing on production and improving their cash flow losses. jonathan: what does output look like now on a monthly basis and how do you see that ramping up? sheila: in 2024 they are losing about $14 billion. they were producing about 18 747s amount. in 2025 they are set to lose $7 billion, coming mostly from defense and concessions they are giving away on the 737s, given the strike issues and alaska issue last year. but they are improving to 29 a month on production

starbucks, nike and boeing have all made a change at the top. but can one individual really drive all the changes these huge global corporations need to thrive? i'm going to be discussing all this with these two. this top executive coach, who works with the likes of google, etsy and citibank, tells me what it takes for a ceo to succeed as the leader of a multinational corporation. and this leading expert on ceo pay tells me how the us is leading the world and why too much pay at the top can be damaging for both companies and societies. plus, we'll speak to serial entrepreneur marcia kilgore, the woman behind beauty pie and fitflop, about the responsibility of running a company and what drives her to keep going, even though she's already made her millions. wherever you'rejoining me from, welcome to the show. this week, we're asking, how important is the boss to the success of a company? and just how much is a good one really worth — $5 million, $100 million or $56 billion? the likes of boeing, disney, nike and starbucks have made some pretty high

, and boeing is going to come back strong.harles: i used to have a list of four stocks, right, that i called them my never sell. boeing was on the list, nike was on the list -- [laughter] yeah. good thing you sold them. i'm like you, i'm watching it closely. thank you so much, hillary. really appreciate pit. >> thank you, charles. charles: speaking of president trump, he's making it clear that he wants interest rates lower. remember what what he said at davos is. i want to talk to brian wesbury about central banks in general. i think they have far too much unchecked power, and i hope something is done about it. next. ♪ ♪ it's a smart move to get a second opinion. you do it when you're looking for a contractor. you definitely do it with medical advice. so why not with your stock market investments? we can help you see opportunities you may be missing. at hennion & walsh it only takes a second to schedule your free second opinion. so what's there to lose? speak to hennion & walsh. the second opinion people. —hi! —hi! ♪ chocolate

we will see where boeing gets to.bout 40 on the max, and they did 18 in an average and that includes during the strike so it's deflated, and so we will see how quickly they can produce these aircraft. everybody else outside of boeing is essentially up to prepandemic levels. >> i was going to say the entire multi-year struggle for boeing has continued while the macro demands for commercial aircraft has remained strong. is it still where it was before the pandemic whereas far as the eye can see we will see the increase? >> we need about 1,500 to 2,000 aircraft annually we are predicting from 2025 to 2027, and that's why the after market stocks worked last year, ge up over 50% last year, and up over 100%. you saw that. now you saw that pull back over the last 45 days to year end given boeing deliveries. >> rating agents -- >> seems like they are holding the line on investment grade and not looking to downgrade it, and with the cushion, i don't think that's a risk. >> thank you. >>> losing a little steam here in the marke

our boeing petrovich in new orleans for us tonight. boeing. thank you.ack here at home, a mother is grieving tonight after her son was shot and killed while headed to work in oakland on new year's eve. our crime reporter, henry lee has the story. >> yeah, i'm a mom and i'm hurting. but he took everything from my grandbabies. everything. >> leah freeman is in pain after her son, 32 year old willie bernstein, a married father of two young children, was shot and killed outside his place of work in oakland on the morning of new year's eve. >> don't let no other mother feel like her soul is being snatched out of her body. don't let another mother feel how i'm feeling right now. >> it happened as bernstein drove from his richmond home and arrived for work at otto clore, a cleaning supply company at 14th and poplar in west oakland, at about 7:00 tuesday morning. witnesses told oakland police the shooter approached him with an ar 15 type rifle and shot him dead before leaving in a car. no arrests have been made and police have not discussed a motive. >> and i'm

boeing released a memo today saying the company is making safety improvements after a series of deadly crashes that plagued the company. the aircraft maker says that it has hit several internal targets in those are on safety and quality making improvements and things like culture training, simplifying their processes and eliminating defects. the boeing has been heavy scrutiny following several incidents that include the cabin door of an alaska airlines that ripped off mid-flight. today's announcement also comes less than a week after 179 people were killed in south korea when a boeing 7.37 belly landed and then burst into flames. boeing's share prices also suffered with shares losing almost a 3rd of their value since the end of 2023. >> still ahead, judge upholds president elect trump's sentencing in the hush money case means he's got to go or appear virtually. but what it could mean for jail time. and then adam schiff sworn in as a u.s. senator from california will hear about his goals for the 6 year term and a fisherman docked in san francisco was caught with more than 2000 pounds of

you're strip mining boeing. you've got a huge raise, a huge increase. they�* re in danger.cess. of the art of the turnaround. that is going to save them. and the faster they can focus on that. of holes in the bucket. the space programme, the new air force one and even the tanker programme. than cost plus, which is normally on military. into the processes at boeing, concern about the manufacturing process that led to some catastrophic, fatal disasters. how confident are you when it comes to safety? particularly the door on alaska airlines, but it does highlight the complexity of putting and build 36 to a0 of them a month. we get the numbers we update you. this is bbc news. social and climate issues facing the region. she told me that recent rhetoric from the us definitely added a new flavour to the situation. hostile statements about another allied country. it's going to spend $2 billion to boost security in the arctic region. this is new announcements, new arctic ships, more and this is to sort of support the autonomous regions messsists'ssst thst; and the one thing that pr

investigators and representatives from boeing have examined the crash site. cbs' ramy inocencio has the latest on the investigation. >> reporter: soldiers painstakingly sifted the soil around south korea's worst airline disaster looking for human remains among the mangled debris and magazines fluttering in the wind. eight u.s. experts joined the investigation from the national transportation safety board, federal aviation administration, and boeing. rupert wingfield-hayes with cbs news partner, the bbc, was there. >> here in south korea we see them out on the field, on the crash site, inspecting the crash site behind me here. but the focus of the investigation is not going to be here. it is going to be on what are called the black box flight recorders are that are inside the plane in every commercial aircraft. those have been recovered. >> reporter: sunday morning the pilot reported a bird strike, aborted one landing and requested to land the opposite way. the plane's landing gear had not been deployed. it crashed into a concrete structure housing an airline

the boeing 737 800 skidded off a runway on december 29th. 179 people were killed.rs say it's not immediately clear why the devices failed. >>> five years ago today in wuhan, china, a 61-year-old man died from a mysterious new virus. it was the first known death from covid-19. there were no official remembrances in china today where the pandemic is a tabu subject. covid claimed 7 million lives worldwide even with the eventual development of vaccines. >>> next on the "cbs weekend news" saying good-bye to a soul man. ♪ ♪ ♪ i'm a soul man ♪ ♪ i'm a soul man ♪ >>> that's sam moore the memphis rhythm & blues singer the higher voice of the 1960s hit duo sam & dave known as double dynamite. best known for the hit "soul man" which topped the charts and won a grammy back in 1968. today we learned moore died in coral gables, florida, following complications while recovering from surgery. sam moore was 89. >>> when we return, we go back to los angeles where people are finding comfort from neighbors willing to help. my name is brayden. i was five years old when i came to st. ju

the head of the faa says boeing still has work to do one year after a panel broke out of an airplaneht. the outgoing chief today said there it needs to be a fundamental cultural shift at boeing that is oriented around safety and quality over profits. he also said that federal oversight will continue indefinitely. the faa grounded all similar planes last year and limited production of new planes. boeing said it has taken steps to improve safety including other for workers and random quality tests. on wall street today, stocks bounced higher. the dow jones industrial average gain more than 300 points on the day. the nasdaq jumped more than 300 points as well. the s&p 500 snapped a five-day losing streak, adding more than 70 points. still to come, why president biden blocked a japanese company bid to buy the u.s. steel corporation. the u.s. surgeon general calls for cancer warnings on alcohol. and our guests weigh in on the week's political headlines. >> this is the pbs news hour from our studio in washington and in the west from the walter cronkite school of journalism at arizona state

until the faa will make enhanced oversight of boeing nearly one year after door panel flew off alaskalines 737 next flight. the faa chief saying what is needed is a fundamental shift and bowing oriented around safety and quality about pro profits. the faa ordered billing to capture 737 max 2:30 8% and 38% per month and bowing said implemented new random quality and customer approval process. and also help if someone could get the astronauts out of space. boeing shot the rocket up and said, well you know, it is not safe to come back here to a two day trip is now four month trip. >> emily: remember when we covered the totally fraudulent like completion of security reports, security forms that impact impart impacted bowling and remember international safety and security forms being falsely completed? the reality is the reason boeing focused on profits over quality and safety all these years is squeezed by regulatory impairment in an environment that incentivized foreign growth over american growth. the next four years, hopefully that will alleviate the pressure because most importantly w

also, recently boeing seems to be back ahead of the curve. boeing is accelerating deliveries. first time this is happening in years. i think boeing has turned the corner. i feel good about kelly is the ceo and the pat there on. it's not going to happen overnight. it does feel to me that they turn the corner and they are on the way back. >> you been around long enough have you seen it. >> you talk to the people of boeing, you can feel more energy. i think there's plenty of other challenges in the supply chain. they get the most publicity. engines are the biggest challenges. it's not boeing. the engine manufacturers are well behind. for united we are far enough ahead of the curve that it's not a huge impact on our business. we bought 30 engines from the used aircraft market last year just to get ahead of the curve. with where everyone else's. trying to stay ahead of the curve and anticipate those problems. >> will talk with larry later this week. >> thanks. >> scott kirby, ceo of united airlines on a day when their stock is on an all-time high after beating the street yesterday.

talk about earnings fourth-quarter earnings season in full swing boeing reported double miss this morningn dollars for the year largest decline since 2020 wrestling with issues commercial defense unities a crippling strike by west coast, meta microsoft tessa out after the bell tonight your thoughts what do you want to do with tech names going into earnings. >> yeah, so far we are about 15% of the way through earnings we still think a reasonable expectancy 5% revenue growth expectation we've actually hit that so far. and again for the full year we think earnings probably come in 12% breath rate from bottom line we think early on track for that if anything interesting to hear some companies you mentioned their forward-looking views on capex for us biggest variable driving bullish theses on technology we see buyers on broader bass account can probably wait on semiconductor names we think big tech is still a worth while place for clients' capel looking for capks numbers still healthy. >> everybody talking capex what expecting given new threat from china, that seems to be rising, look the fede

. >> how boxed in our the epc or is this a boe that could look at the data and say we need to go harderrting to come to the view that they might need to but the real challenge for them is the data is not about -- validating that view. we saw andrew bailey a couple months back before we had these moves talking about the fact that the boe could become more activist and saw alan taylor talk about the fact that he thinks we might need to do some kind of preemptive rate cuts as well so you can see people were having those views but the challenge for them is focusing on them because we are still having services inflation well above 4%, wages above 5%, so all those data are suggesting the bank of england needs to remain gradual. we can tell maybe they have a drive or desire to go faster so i still think they have that bias, which is important. >> we did make get time to touch on tariffs with the u.s. and linkages with the fed's views but thank you for walking through urinalysis and what it means for the boe. they're funny more coming up. stay with us. this is bloomberg. ♪ >> of course, the usa