air france executives were running for safety with their clothes stripped off, highlighting the ills france's national air carrier. >> these images say something terrible about france and that is of the press will interpret it. they will use the case to mock us. i don't think it is representative of the state of labor relations. >> the french government has condemned the violence. hasfrench prime minister said he was scandalized by the attacks. thenior minister supported decision to press charges. >> i think this calls for a criminal investigation. there is no other response. it was an act of violence. the images are unacceptable. say violenceunions is not the answer, although the criticized the company for its drastic cost-cutting plan, included's 900 position job cut. air france's policy is firmly established. staff andan to reduce it is beyond comprehension. >> the unions reject the restructuring plans and are calling on the government. editor has business been following this story for us and he is here on this. what has the prime minister said? >> he has been firm in his condemna

air france has requested their rent the frozen. another idea, a moratorium on the tax that breaks and 64 million euros a year. >> why not if all these options can be looked into. there are structural problems with air france compared to its competitors. >> the latest plea is to reach an effective, cost-cutting compromise. one is needed for the company to survive. >> the german authorities avoided the recall of 2.4 million folks lagan's -- volkswagen vehicles. musterman motor industry recall the vehicles. genie: talk us through what is happening on the market. >> a pretty good day on the european market. one company that is not doing so well is the luxury fashion group burberry, down 20% in london after their most recent results showed a slowdown in chinese sales. genie: what do you have for us? >> this is a restaurant owner in new york who has taken drastic efforts to cut tipping. danny meyer owns 13 new york restaurants and is cutting tipping and raising prices. he says it is holding back his staff. there is a growing disparity be

did they shock our fellow citizens that have raised legitimate issues, it has hurt the image of air francend put france itself at risk. i know as well that images of violence towards that man have these imagesd, and are hurting our country. report: executives running to safety with their clothing ripped off, beamed worldwide. the national flag carrier. french government has sided with the airline, calling for a realistic and responsible reaction to the financial woes of air france. the labor unions, for their part, savoring it is not the answer, though they criticize the company for its drastic cost-cutting plan, including some 2900 job cuts. >> with the workers yesterday. management's voice. and france, firmly established. only one plan. reporter: the union rejects the restructuring plan announced by the company and are now calling on the government to intervene. turkey has some of the russian ambassador after they were in their airspace for the second time in two days. this as russia continues assaults against president bashar al-assad. -- those against president bashar al-assad. they sa

reporter: air france has shed 5500 jobs after failing to obtain further concessions. management decided to wield the ax again. the airline says it is facing pressure from european budget carriers and low-cost arabian airlines. >> what is happening is unacceptable. you compare this to what happens in sports when a team performs poorly, the coach gets kicked out. the board should see if they don't have a future, it should be without the board. we don't need that kind of future. reporter: air france says the violence directed was though work of an aggressive minority. seven people were injured, including the human freeze -- human resources manager. anchor: after five years of negotiations, trade ministers from the united states and 11 other pacific rim nations have reached broad agreement on the transpacific order ship according to a u.s. trade representative chairing the talks in atlanta. the agreement covers 40% of world trade volume. the deal has been widely criticized because talks have largely been carried out in secret. lawmakers in the 12 countries still have the

in today's competitive climate, air france has to take certain steps.he negotiations are difficult but they must lead to a comprehensive social dialogue about the future of the company. >> air france is trying to reverse six consecutive years of losses. it posted a net loss of 198 million euro's in 2014 including a pilot strike that cost the airline 330 million euro's. the staff has threatened more strikes next week if their demands are not met. genie: many companies are entering the last financial period of the year but many will not be said that the last quarter is done. business world divides the year into quarters. we are now in the first quarter -- fourth quarter. july and september were not fun in the stock market. huge losses as you can see. the dow down nearly 8%. the nikkei down almost 15%. a lot of things have happened in the past few months. we had the great crisis. everything that happened on chinese stock market. companies are glad to see things moving on. it is a good start to the fourth quarter generally speaking on the european market to

troubled times ahead for air france. france seems to be on course for a major restructuring. we understand the parent company has officially given its backing to this restructuring. we still don't know all of the details, but this could pave the way for 3000 job cuts at air france. this follows a breakdown in talks between the airline and unions to improve profitability. air france pilots rejected a proposal for staff to work longer hours for the same salary . the carrier is under pressure after four years of losses. clare: this latest crisis at klm sees management on a collision course with pilots once again. air france has threatened to slash jobs unless pilots accept cost cuts and changes to their working conditions. pilots unions have threatened strike action in return. >> every time the management make us an offer, they just say sign at the bottom of the page without any possibility of negotiating changes. >> this year, the struggling franco dutch airline group was on the verge of reporting its first profit in five years. year was marred by industrial action. analysts sa

conditions are still being negotiated >>> air france workers are being protesting in paris. they are demanding transparency over plans that could affect up to 1,000 workers. we have this report from paris. >> reporter: air france's managers could draw little comfort from the booed -- from the board. a large deployment of police were had to make sure there were no raped of violent scenes where the shirts were ripped off the back of managers. a boisterous restriction was staged for the crowd u six air france workers have been charged for their part in the incident. the unions accuse the bosses of being responsible for the airline's losses, and are demanding the french government, the major shareholder to step in to help. >> we don't agree to be blackmailed into giving up work conditions. what was asked was to work 41 hours, paid 35 hours, which is not acceptable. >> on the other side of police lines, air france management, who needs to find $2 billion in savings if they are to survive in the premier league of aviation. air france pilots fly 22% -- 20% fewer hours than some of

also coming up for a this hour, scuffles at air france as management says they need to cut thousands of jobs after pilots reject a cost-cutting plan. details coming up in business. portugal reelects at center-right government for another four years despite its painful austerity plan. that and more on the way. first, our top stories. the old city of jerusalem is under a second straight day of strict restrictions, stopping most palestinians coming in. only women and men aged 50 and above will be allowed to worship at the compound. security forces have been on alert for more than a week after an intense. of violence. clashesve been several around the mosque, as well as of lone wolf attacks. what is the feeling like they are today? iria: you see a city and lockdown. we entered through the lions gate, which is the gate that the few palestinians and israeli arabs who can go when, go through, but when we get to the compound, even people within the restricted area over 50 years old not allowed to go in and pray. when you walk through the streets of the old city, there are more is really poli

at air frances headquarters. the carrier had been detailing a cost-cutting plan that included nearly 3000 workouts. the workers did not take the news lying down and air france is now planning legal action for what they call violence. mob,sa: fleeing the irate the bare chested man is none other than air france's human resources manager. hundreds of workers angered by talks of a cuts, senior members literally had their shirts ripped off of their backs. >> a few people were almost lynched, but these were totally isolated acts, not instructions by any means. that said, there is some violence at the events that is unfolding. employees are under a lot of stress. melissa: air france has been struggling to keep up with his international competitors, with the company operating at a loss for the last four years after companies refuse -- pilots longer hours. a shakeup plan could see up to 2900 people let go, including 300 pilots. frustrated with the negotiations, employees say they have been making efforts but that the comp

a deadlock, but a return to discussions for air france and its workers. majoreting will discuss restructuring of the airline, in particular the 2900 jobs under threat. earlier this month, the carrier announced cost-cutting plans in the face of deepening cost -- competition. pilots rejected a proposal to make them work longer hours for the same pay. stafff the cuts affect working on the ground. the union leader says both the pilots and management should now be more realistic in their demands. each time the company does this, it weakens rather than strengthens it, so they must return to the negotiating table, in particular to discussions with the national union of pilots, because those who work on the ground are making these efforts. reporter: thursday's meeting is the first works council since earlier in the month. forced toors were escape protesting workers without their shirts. successful --ere if negotiations were successful, the next round in 2017 could be avoided. management could cut a further 5000 jobs next year if a second wave of the cost-cutting

although, in france, especially at air france, that executive job cut plan did not go over well. t got pretty violent. trace gallagher with more than that. trace. >> reporter: neil, labor relations in france have a history of getting testy. some company managers in france have been kidnapped or boss-napped as a way for unions to make a point. few can remember a meeting that started out like this. watch. [ yelling ] >> reporter: we're talking hundreds of protesters storming the headquarters of air france. they went offer a seniafter a sr and a human resources manager, shredding their suits and ripping off their shirts. a manager was forced to jump over a fence to escape. one union official says the men narrowly escaped being lynched. they caused roads to be shut down and flights to be delayed. all because contract negotiations with the pilots went nowhere and air france says it's planning some 3,000 layoffs including 900 flight attendants, 300 pilots and 2,000 ground crew. the meeting that got stormed was supposed to detail all the cuts the company is making. air france claims it's

, or an image that air france is trying to turn around. let's look at the markets next pit american in this is seen taking a little bit of a breather this session, following solid gains from earlier this week. the american markets are firmly in positive territory. the dow jones industrial average this session, very flat. up,nasdaq ever so slightly quarter of a percent or so. the s&p 500 is also flat. a little bit below the flat line. investors are focusing on the federal reserve, the minutes from its latest policy meeting released on thursday, indicating that an interest rate hike may be further away than thought. it seems to be part of the reason we are seeing some slight gains. european markets are seen to benefit from the federal reserve minutes and establishments could all the major indices on this side of the atlantic closed in positive territory. let's talk you through other stories that shaped trading during friday session. manufacturing in france rebounded during the month of august. industrial productionÑqoÑ÷pú9ç 10/09/15 10/09/

air france, striking workers, etc., etc..e numbers are highest in a decade. >> incredible numbers and we are likely to see this across the board. one of the things you have to keep in mind with air france is that last years comparison, they had strikes last year. 500 million euros. numbers acrossng the board. the other thing to point out, they did make the point, they still have to make significant cost cuts. manus: which brings me to the big subject. cfo, it iswe get the the decline of the carriers. if they are doing well and seeing an improvement, and my incorrect to make the assumption there is some kind of a shift in terms of numbers from the local carriers? the situation -- this is a strong summer. if you did not make money this summer, you should not be in the business. stillw-cost carriers are moving forward and you will see this very much. they have germany and their targets. lufthansa ishing going to be aware of. at air france, you saw what it was like a few weeks ago, clothing getting torn out. those negotiations ar

six air france workers have been charged for their part in the incident. the unions accuse the bosses of being responsible for the airline's losses, and are demanding the french government, the major share shoulder to step in to help. >> we don't agree to be black mailed. what was asked was to work 41 hours, paid 35 hours, which is not acceptable. >> on the other side of police lines, air france management, who needs to find $2 billion in savings if they are to survive in the premier league of aviation. air france pilots fly 22% less hours and the company is coming under pressure from budget airlines like easy jet. the management told unions they were pressing ahead with restructuring goals and set a headline of january to conclude negotiations with the workforce. there are turbulent times ahead. >>> a nurse quarantined in new jersey during the ebola scare and suing governor chris christie. nurse hitch cox alleges her constitutional rights were violated, the suit saying she was held against her will without context. she was quarantined and is seeking a qua

air france executives are forced to flee a meeting that turned violent. we'll get the latest. >>> also, unacceptable, western leaders deliver strong warnings after multiple russian incursions into turkish air space. will windows 10 be the game changer that gets microsoft it's target? we'll get you more. the internet of things. what we're recommending as your consultants... the new consultants are here. it's not just big data, its bigger data. we're beta testing the new wearable interface... ♪ xerox believes finding the right solution shouldn't be so much work. by engineering a better way for people, process and technology to work together. work can work better. with xerox. sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. >>> dupont ceo will retire at the end of next week. dupont is also cutting it's full year earnings outlook citing the strong dollar versus emerging market curren

reporter: air france is planning on slashing some 2900 jobs as it attempts to cut money-losing roots. that could see the cgt boycott talks next week between the unions and government and business. >> it is a good thing these encounters go down this way. the french presidency is what real life is. reporter: the cgt also boycotted the last round of talks to reform the french economy in 2014. they have warned the french president not to confuse a monologue with a dialogue as he goes into his fifth year in office. markus: the german government has trimmed its growth forecast this year. it now expects 1.7% instead of 1.8% as previously forecast. gloomier global outlook. meanwhile, unemployment in britain has fallen to its lowest level in more than seven years. 5.24%.less rate fell to ins as the number of people jobs increased by 140,000. this is the lowest rate we have scenes ends 2008 -- seen since 2008, before the financial crisis struck in earnest. it suggests below jobless rate has been slow to translate into salary hikes. we are going to take a look at the market. in the u.s., session

air france management and unions at charles de gaulle airport, air france lance to cut 2900 jobs by 2017, the company needs to cuss jobs. >>> william campbell and shitoshi omura won for their work, and another winner for her work on malaria. they will share the $960,000 prize. this picture shows a layered cake coming to life. combining gourmet food with sirn matticinematic events. >>> warming relations, tomorrow night. and that's it for had edition of al jazeera america news. thanks for watching, i'm toilet. fault lines is up next. i'll see you again in an hour. >> baltimore's sandtown neighborhood. the heart of west baltimore, and one of the city's poorest areas. this is where freddie gray grew up -- known to friends as pepper. >> why was his nickname pepper? >> i never heard of pepper being bad for nobody, salt is bad for you, salt will kill you. i never heard nobody dying from pepper, everybody loves pepper.

air france says its decision follows a similar move by germany's lufthansa. again, recapping john huddy's report there, the airlines saying they will continue to avoid the area until it is clear what caused the crash. >> and we're going to be talking with general tom mcnerney about this very subject in a few minutes. stay tuned for that. >>> turning to politics now, new developments after this week's republican debate with florida senator marco rubio on the rise after a very strong showing at that event. and now billionaire investor paul singer is pledging his support to rubio, giving a big boost to rubio's campaign, his super pac. garrett tenney joins us. what does this mean for marco rubio's campaign? >> well, it's been a huge week for marco rubio, gregg. this past hour a senior campaign aide told fox news the campaign has received more than a million dollars in donations since the debate wednesday night. adding to that is the endorsement of paul singer, one of the wealthiest and most influential republican donors in the country. his endorsement and his vas

air france says it could reduce the number of planned job cuts announced two weeks ago. the plan to lay off 2900 staff was met with protest and a part of what the airline calls plan b . the chief executive says the scale of future cuts depends on how negotiations with the union shape up. translator: plan b covers two years, two dozen 16 in 2017. -- 2016 and 2017. in --ught selling tickets we start selling tickets in april of next year. 2017, if negotiations early next year are successful, we could avoid land be to come back to plan a. genie: we will stay with the airline theme where tensions are simmering between u.s. airlines and one middle eastern rival. beeno: u.s. carriers have left fuming after emirates posted an ad that takes a stab at the services they offer or the ones they do not. the airline paid jennifer aniston $5 million to get their point across. >> i'm looking for the shower. >> there are no showers here. >> i'm going to look pretty silly just like this going to the bar. >> there is bar but we do have hot towels and a bag of peanuts. reporter: this airline

air france blames downturn and low cost carrier. >> pilot died in the cockpit mid flight and passengers didn't learn what happened until after the emergency landing. the pilot identified tonight as 57-year-old michael johnson based out of phoenix on american airlines. he was incapacitated this morning flying from phoenix to boston. first officer safely diverted the plane to syracuse, new york. passengers didn't real york. passengers didn't realize what happened. >> we thought that he just wasn't feeling well. had no idea he had passed. it was extremely shocking. >>reporter: cause of johnson death hasn't been relessed. rare occurrence. faa says 8 pilots died during flights in the past 20 years. >> the integrity of 2 multi-billion dollar fantasy sports business being called into question after one employee won really big. draft king and fan dual allow users to select players to complete and earn daily prize. last we can an employee at draft king won 350,000 $on fan dual. users complained that he used insider information. both company admitted the employee often compete at other businesses

. >> employees at air france protesting against job cuts broke into the airlines headquarters on the outskirts of paris, two managers had to escape after being roughed up. about 100 union activists rushed into the building after breaking down the break. air france klm announced the companies will cut 300,000 jobs by 2017. >> this year's nobel prize for medicine has been awarded to three researchers who made important contributions to its tackling diseases. as caroline malone explains, they have been described as the heroes of the medical world. >> at the institute, they have today awarded the 2015 nobel proiz... >> these three scientists helped to save millions of lives, presenting blindness or disfigure the in other people. youyou tu researched malaria in 1969. she identified a substance used in chinese made sin, sweet worm wood and tested it with a team and developed it into a globally successful treatment for the disease. there are nearly 200 million new cases of malaria every year. most people who get sick are in africa. >> every year half a million people are dying of malaria. d

five employees at air france have been arrested over clashes last monday. men work in a cargo division. hundreds of angry employees interrupted the meeting over plans to cut jobs at the airline. at least 10 legal complaints have been launched against protesters by security guards and air france. news of the biggest deal in technology history. in a deal buy emc worth $67 billion. that is much more than the $19 billion facebook page to buy one last year. to compete for dell with broader based companies like ibm and hewlett-packard. find a betters to offer for shareholders. let's take a look at what is happening on the markets this lunchtime in europe. a mixed picture. we are seeing some gains in europe -- germany due to utilities up by more than 10% early in the trading day after the economy minister said nuclear operators did have money to pay for the decommissioning of nuclear plants in germany. some optimism that falls on the markets in london and paris. will stay in paris for the next story, the battle between the taxi drivers and ridesharing has entered

workers protested job cuts. 100 workers stormed a meeting between air france management and meetings at charles la gal airport. some stripped the shirts from manager. they want to cut jobs and cut five roots and 35 weakly long haul fight. >> the nobel prize medicine has been rewarded to three researchers who helped develop a way to stop diseases. this couple won for their work. a separate researcher, you-you tu won as well. >> they'll share a $60,000 prize. i'm antonio mora, thank you for joining us. luis suarez is up next with "inside story". have a good night. illegal, right? so what do you do? don't bet on the games. bet on game derived performances. in games that don't really happen. it started out as a way for fans to be their own general managers. drafting, trading, seeing how it all works out for fun. fantasy sports are now a multi-billion dollars business, and it's all legal. you want to bet? it's the inside story. ♪

sticking with jobs, air france will announce major layoffs on monday.d in negotiations on three structuring plans. the tops of fail. almost 3000 jobs could be cut. -- the talks have failed. >> the standoff is the latest episode between management and pilot representatives. the two sides had until wednesday to agree on a restructuring plan that would caught costs, but the deadline passed without an agreement. now air france is warning of job cuts. >> unfortunately, it is a significant job reduction plan. what we have committed to doing is partly to favor voluntary redundancies as we have been doing for several years. it is recognized as a method of -- that employees except, but when necessary, we will resort to forced redundancies. >> last year, tear france pilots took to the streets of paris as the part of a two-week strike. the airline faces cutthroat competition in europe and middle east airlines. so far, no compromise is inside. >> the investment bank says the scandal will cost both wagon 78 billion year old's, a lot more than they have put aside. it

it's one set of costs that the managers of air france have to cope with. they have to get savings of $2 billion by 2017. how they get that is trying to be decided today. we saw the effects when the workers and demonstrators ripped their shirts off. we saw that. it is a build up at the moment. unions seem determined to resist attempts to cut savings. we'll see if there can be concessions on either side. >> that's what i want to ask you, whether there's a sign much them coming up with a compromise, and i'll let you know we are showing pictures of an earlier demonstration in october. >> it's not a good place to be in the human resources department of air france. there's a lot of anger on the grea streets. the management want 2, #00 jobs cut. they say they'll be vulnerable. they'll make a step back saying it will be fewer than 1,000 jobs. they need cost efficiency savings, making the pilots ply more hours and making savings elsewhere. there's no signs of concession. they are talking room for improvement. what they may be, we have no idea. the unions are standi

air france looking to eliminate 3000 jobs and scale back on flights. the company is being squeezed by low-cost carriers in europe. >>> a berkeley grandmother wants to open a pot shop exclusively for seniors. not the ones in high school. kpix 5 five -- on this teacher became an unlikely advocate for marijuana. >> in an industry run mostly by young, white men sue taylor does not fit the mold. >> she travels around the country promoting medical marijuana for seniors. >> it is our job to do what we can to help seniors. >> reporter: in fact, she is asking berkeley to let her open a dispensary at this vacant corner building so she can sell products to baby boomers. few dispensaries in the country today target seniors. >> the cabinets -- helps with arthritis, marijuana, without side effects. >> she started using edible marijuana four years ago for back pain and to help her sleep >> and 68 years old i find most people my age to not have a good quality of life. seniors deserve a better quality of life. they do not want to get high. they want to get well. . >> r

air france blames downturn and low cost carrier. >> pilot died in the cockpit mid flight and passengersn what happened until after the emergency landing. the pilot identified tonight as 57-year-old michael johnson based out of phoenix on american airlines. he was incapacitated this morning flying from phoenix to boston. first officer safely diverted the plane to syracuse, new york. passengers didn't rea realize what happened. >> we thought that he just wasn't feeling well. had no idea he had passed. it was extremely shocking. >>reporter: cause of johnson death hasn't been relessed. rare occurrence. faa says 8 pilots died during flights in the past 20 years. >> the integrity of 2 multi-billion dollar fantasy sports business being called into question after one employee won really big. draft king and fan dual allow users to select players to complete and earn daily prize. last we can an employee at draft king won 350,000 $on fan dual. users complained that he used insider information. both company admitted the employee often compete at other businesses and temporarily bar them from playin

there is reasonable probability the error could cause serious health consequences. >>> the air franceround the conference room table. staff made more than just their voices heard. >>> new data suggests that the first recorded instance of the "f" word was in the 1300s. in fact, the exact quote was, "i've got the plague? [ bleep ] [ laughter ] >> i'm charlie rose with gayle king and norah o'donnell. people in south carolina struggling this morning with widespread devastation caused by historic floods. 13 deaths cautioned by the storms. obama signed a disaster declaration. recovery efforts. more than 500 roads and bridges closed and several towns are cut off. >> headlines highlight the rising concern. one cause of flooding, catastrophe of incredible proportion. david begnaud with a closer look at the destruction. david, good morning to you. >> reporter: good morning. where we are right now, the water is thigh-deep. and just around the bend from where i am standing, there was a family that was rescued a couple of days ago. they had to take shelter in their attic as the water was approachi

to paris, air france staff have been demonstrating outside the french parliament over airline plans tout staff. we have this update from the french capital. >> the mood here is much more boisterous, but if you're a member of the human resources department of air france, you still wouldn't walk on these streets at the moment. the mood is still uncompromising. they've been forced to ask for job cuts by the management or working longer hours for no extra pay raise. i spoke to one of their main spokesman about what they feel about that. >> we are not asking for subs decease from the government. we're just asking to be able to play at least on a level playing field with other countries, where air france is basically one of the only companies paying solidarity tax. >> on the other side of the police lines, they need to find $2 billion of savings and cost efficiencies if they're to survive in the premier league of aviation. they've been stripping down badly, but what measures can they take as long as the unions remain uncompromising. >> security forces in congo have demonstrators opposed to t

air france employees, they stormed the airline's headquarters in paris yesterday. two company executives barely left the scene with their clothes on. employees were protesting a proposal to cut nearly 3,000 jobs. >>> general mills is recalling 1.8 million boxes of cheerios and honey nut cheerios. the cereal is supposed to be gluten free. but wheat flour was inadvertently added in the california facility. so if your cheerios and honey nut cheerios boxes have use by dates of july 12, 2016 through july 25th, 2016, it might be affected. check those cereal boxes. >>> and on "the tonight show" jimmy played phone booth with hugh jackman and shaquille o'neal. each wrong paens adds a person to the booth. oh, goodness, shaq racked up quite an entourage with jeopardy host alec trebek, megan boone and elan hall. it was a tight squeeze. >> about to close the door. >> pressing against my chest -- >> that is his belly button >> he has an outty. very good. >> i'm trying to keep my hands away from -- no, no, alex, everything is fine. >> alex trebek with jokes, all right. "scrambled

air france, as you know, is still negotiating in order to increase their product activity. today the main union of pilots will hold the meeting and is due to make some new ones to the management of air france. in the meantime, employees of klm urge the french workers to start constructive dialogue. they're worried that they could be the collateral victims of the social conflict at air france and yesterday the employees started a petition to call on their french colleagues not to carry on more strength and it's been very successful because in just a few hours this document got more than 1,000 signatures. >> stefen, thank you for that. >> let's talk about the jet set and the jet set life style because you need a private jet for that. vista jet which provides private aircraft flights just announced a 17% increase in overall flight numbers in the first half of this year being boosted by traffic in north america which is up some 159% and this is being driven partly by strong growth in cuba as they try to normalize their political relations. let's talk through this. joining us in

so we're potentially talking thousands of job cuts at air france klm. they probably believed management would not implemented this plan but after the announcement this morning they're ready to come back to the negotiations and perhaps make another offer. in the meantime ahead of the announcement due on monday they called for strike action for monday, fifth of october. back to you. >> stefen, thank you very much for that. now u.s. auto sales jumped to a 10 year high in september but the diesel scandal at vw looms over future sales. >> call it a sizzling september in the show room. u.s. auto sales roared to their strongest monthly sales pace since july of 2005. most of the major auto makers posted double digit gains with some like general motors doing far better than expected. what drove those strong numbers? labor day which is traditionally one of the busiest weekends of the year for auto dealers save september sales an early pop. meanwhile, trucks and suvs remain red hot thanks to low gas prices and the combination of strong consumer confidence and low

. >>> the ceo of air france klm says the job cuts that it has proposed for 2017 could be negotiable in sign that the carrier might be scaling back on its controversial plans. db liking the news, deutsche bank raising the target price to 6.70 euros apiece. let's bring in stefan pedrosi. what's with the change of heart? >> france is still feeling the job cuts next year. we are talking about 1,000 job cuts. the ceo believes that the most painful part of the plan can still be avoided as the legalization resumes two weeks ago with the main union of fighters. speaking yesterday to rpm, the ceo says that the most painful part of the plan could be avoided if they erase it by the end of this year. this would put the strategy plan, the original one, back on track. 2020 france resumed it after announcing almost 3,000 job cuts and reduction of 10% of its long hold network according to analysts, the rate structuring plan was not addressing the key issue as air france had, which is the lack of the documents. the pilots include costs on average 20% more than -- 25% more than the european colleagues.

two air france executives had to flee angry mob of employees after they stormed air france offices.rts off the guys backs. i'm laughing. they scaled a fence to get away. workers were enraged about the company's plan to cut costs which could lead to company's first layoffs since the mid 90s. you don't see this in american companies when they talk about layoffs. they tear shirts off the executives backs. that does it for us. "risk & reward" starts right now. >> we are at a thousand year level of rain in parts of the low country. what does that mean? we haven't seen this level of rain in the low country in a thousand years. that is how big this is. that is what south carolina is dealing with right now. deirdre: hundreds of residents in south carolina have been rescued. there are also fatalities. i'm deirdre bolton. this is it "risk & reward." two to three feet of rainfall causing worst flooding ever seen. buckling buildings, closed roads, trapped cars, unsafe drki

. >>> plus, an air france revolution.undreds of workers crash a board meeting to protest plans to cut about 3,000 jobs. we'll show you the encounter that forced two executives to jump a fence to escape the mob. >> scary. >> very scary. >> it is time to show you this morning's headlines, fedex and ups are raising fuel surcharges in spite of falling fuel prices. this will be fedex's second increase of the year. it comes right before the holiday shopping season. fume costs for the delivery giants were down 35% in the most recent quarter. fedex says the increase is response to heavier packages and a rise in residential deliveries. >>> the ten commandments is gone from the oklahoma city. the state supreme court ruled in june, the display violated the constitution, which bans state property to promote religions. >>> the los angeles times says governor garry brown signed a bill that allows doctors to write prescriptions for patients that want to end their lives. he wrote -- i do not know what i would do if i were dying in a prol

about the company's 2800 jobs, workers stormed in and the wording on to managers at air france.y escaped narrowly, but their clothing was left in tatters. the ceo says seven people were hurt, one seriously. the violence erupted after air france said it may eliminate 300 pilots, 900 flight attendants, and 1700 ground staff. those are your top headlines at this hour. back to scarlet, alex, and joe. scarlet: back with us is david woo from bank of america, merrill lynch. oflier you said the easing policy represents the single greatest risk for the financial markets for the rest of this year. does that necessarily mean china has to devalue further for monetary policy? david: for me, the most important development is that we are seeing chinese capital pouring out of china at an unprecedented rate. this is the first time we've ever seen this. money is leaving china in search of safe haven. if the fed starts hiking rates, this will suggest that the chinese central bank will have to sell even more treasuries to maintain stability, which will only compound the effects of 25 basis point hi

the scuffle which broke out at air france's records monday was to lay off staff members. the announcement on job cuts has pitted unions within the company against each other, and in and in view on local television, a spokesperson for the pilots union call the company's previous proposal unreasonable. proposals on the table were completely unreasonable, so the negotiations were one-sided. we ended up with proposals that were unreasonable at the senior management level and which did not progress over the course of our meetings. the negotiations were a farce. negotiating means finding a cover lies, a balance of a shared goal, and that was -- finding a compromise, a balance of a shared goal. the company remains a leading international player. >> the denmark-based toy giant lego wants to stop using fossil fuels and only use renewable energy by 2020. to achieve that goal, the world's largest toymaker inaugurated an offshore wind farm outside hamburg, germany, this friday. to the company's executive officer and asked him if there really was feasible, given that lego remains heav

air france's c.e.o. says seven people were hurt, one seriously.ompany's been squeezed by low-cost airlines in europe and gulf carriers for long-haul flights. it is the first monday in october bringing with it the start of the supreme court's new term. court watchers say it will be a session of secrets. the justices will decide narrow issues dealing with abortion, the power of unions, race-based college admissions, and religious objections to birth control. the supreme court has decided not to hear an appeal from charles wrangle. he was seeking to overcome his 2010 censure from the house for financial wrongdoing. the congressman claims staff and members of the house ethics committee suppressed evidence during the investigation. a federal judge ruled courts had no authority over the investigation. he plans to retire at the end of his term. justices are leaving the baseball antitrust exemption intact that stems from an effort to move the oakland athletics to san jose california. san jose tried to sue major league baseball for blocking the city's cour

watch airbus, watch air france, this whole roster that you need to pay attention to.ot exclude those as well. we back across the banks, let me show you where the european futures are given what they are alleging. equities are bouncing back, this could be the fed's story. most of the other european forces look at your follow as well. anna: that will do it for "countdown." on assets onupdate that sector. we will see you tomorrow, have a good day. ♪ jonathan: good morning and welcome to "on the move." . am jonathan ferro moments away from the start of european trading. let's get straight to your morning brief. luxury warning. burberry purse at retail sales coming below analyst asked him it's desk analyst estimates. trouble on main street. retail hits a speed bump. the dollar declines for a third day. fencing in the city. the bank of england is to unveil financial industry performance today. topics we will be talking about. this is what future markets is doing. 7.1%.tures up by caroline hyde has your market open. caroline: to what -- before we get to what could be a lunch

we will look now at air france and fears of more job cuts in their future. stephen: the airline has denied reports that it is planning for the rounds of redundancies after 2017. it was reported that once the 209 jobs being discussed have been cut, the company is another to ask -- ax 5000 jobs. the company says it has no such plans. the french prime minister has called for the company to announce how it will -- >> the state represents the management and the people -- the workers. the reforms presented have to be done by social dialogue and everyone has to get back around the table. stephen: let's take a look at what's happening on the markets. starting with the price of oil, which has been creeping up so far, the group printed -- the brent crude index up about 1.4% today. barrel. that is helping things on the stock markets. mining companies and energy firms, the big gainers. all of the main markets trading in the green. for more business headlines, a brewing deal in the beer industry. inbev has increased its buyou t offer for sab miller. two had previously re

. >>> let's talk about air france and it's set to cut 1700 ground staff and 300 pilots according to theest union sources. let's get back to paris and bring back in stefan for this. stefan, yeah, thanks for sticking around. you know, what does this mean? >> reporter: it's not what we were expecting. over the weekends unions were saying that they were about to announce 2900 job cuts. we know the details. this is 300 pilot positions, 900 cash bin crew and 1700 positions on the ground. for the first time air france will include some straight layoffs and not departures on a voluntary basis. it will reduce it 10%. it will have 14 aircrafts from the long haul. it's going to cancel its order for 25 787s. we were expecting them to delay this order, not cancel it. this comes after the negotiation last week on the pilots on cost reduction and productivity this week. the main union of pilots is going to have some new troubles in hopes to resume the negotiations. >>> stefan, thank you so much for that. >>> let's talk sports. susan, a weekend for england, i don't know if you saw that. england's rugby

top executives from air france were physically attacked and forced to run for their lives from a meeting at which they discussed cutting jobs. cbs 2's jonathan vigliotti has the story. >> reporter: they looked like a lynch mob. pilots, flight attendants and ground staff many in uniform stormed the company's paris headquarters. [ screaming ] >> reporter: security was no match at a board meeting of air france officials. the vice president and director of long haul flights literally ran for their lives. and they were quickly surrounded. their business attire ripped to shreds. the two men narrowly escaped after jumping over a fence. a union rep denounced the violence saying they were isolated acts. the french prime minister met with airline officials and called those responsible for the violence thugs. jonathan vigliotti, cbs news. >>> still to come, rarely do you witness a car accident in your own backyard. but it can happen. and we have more of this video to prove it. >> governor cuomo going at it with mayor de blasio, and it's about mass transit. the newest war of words. >> a harmless hab

but now, air france, two major global carriers are coming out and saying they're avoiding flying around this area right now. does that surprise you? >> no, i applaud them. you know, they're exercising extreme caution. we're at a preliminary stage of this investigation at this po t point, so it's hard to say exactly what's happening. dave will back me up on this. you can't follow any particular path. we hear a lot. but at this point, listen, if i was an airline like air france, i would do exactly what they were doing. >> but why are they doing that? >> well, it's possible that there was a missile strike. i doubt it very much from the preliminary reports. >> at 30,000 feet? was that that high? >> well, it was. i believe it was in the 30s. >> okay. >> this airplane looked like it attained an altitude of 33,500 feet. it's possible. >> david, as we talk about this investigation moving forward, it is in the early stages, but look, you've got the egyptian government involved because that's where the crash took place. the russian government involved. you've got france -- ultimately who decides?

the parent air france said it would take legal action over what it calls aggregated violence. back here negotiators have agreed the historic trans pacific partnership and while politicians welcome the news the critics are already sharpening their pens. there are issues on both sides. thank you very much indeed for joining us. well, first of all, what is your take on all of this? >> well, we're very excited. we congratulate the great negotiating team at the u.s. trade representative office together with the united states, 11 other countries negotiated over five years. this should be a great agreement to expand markets, level the playing field, and open markets for u.s. companies. we're very excited about the prospects of the t.p.p. being approved by congress in the next few months. >> you've been sounding out some of your members and what are they making of it? is it a broadly positive take alt the moment? >> it is. especially out here in the region. i'm chairman of the association of 29 american chambers of commerce throughout asia. we're on the front lines of opening markets

and air france, as you know, we have decided to launch our network. the first phase in '16 will be implemented. but a big chunk has to come in 2017. >> staying with us, mychal bell of jpmorgan and our guest host jim of principle global investors. lufthansa telling us the fuel bill is coming down at the ages. it had such an enormous jump in the oil price. it is not coming off all that much for the sector. >> i think this is really what an analyst would have to delve into this understand these companies. all the airlines buy their fuel a year or so ahead. so if it's a year, then they are only just now getting to the point where their prices come down. and the hedge accounting, the facing of fuel buying has got to be really important for an airline right now. because the biggest input is in price. >> the bookings, the fuel, strike action. >> we think that's exactly right. that actually the benefit from the fall in the oil prices for these airlines. therefore, there is potential for meaningful up side. european airlines in particular could be ready for ta

pam: but two major airlines, germany' s lufthansa and air france are not taking any chances. both announced they would immediately stop flying over egypt' s sinai peninsula for safety reasons until the cause of the crash is determined. bob: only on 5. a plane makes an emergency landing at beverly airport today. the small aircraft was experiencing issues with its landing gear. it touched down safely on the grass. the pilot was not injured. the incident is under investigation. bob: shock and sadness in a small massachusetts town. a high school senior full of promise, killed in a car crash. her memory honored tonight. bob: 17-year-old madeline lamson of medway was many things, a daughter, an athlete, and a friend. she lost her life last night in franklin, in a single-car crash. our reid lamberty reports on a community in mourning. pam: taking a live look at the boston skyline on this halloween night, a lot of trick-or-treaters out there right now. -- those of a fire over there. witnesses try to pull the 17-year-old from her carpet the resulting fire push them back. a steady stre