we had a call with airbus. they had other customers that wanted airplanes.decided to pull out in the reins a little bit until we get more clarity. david: gas prices no joke for drivers on the ground or in the air. you guys have a $75 million unrestricted cash balancee how much of that would be eaten up if gas prices go up even higher than they are now? >> well, you know, fuel of course is the largest expense for airlines right now. it is about 50% of our expense. david: wow. >> we keep a close eye on that. what i will say, we've got a pretty solid hedge book going forward. so we believe we would have time to react to ticket prices. we have half of our fuel over the next 12 months already hedged. >> already hedged. it gets scary to see that chart. looks like we're heading back up to closer to the bottom of territory in 2008 when it was just really tough. united airlines and fox business broke this story yesterday, suffered a terrible computer glitch that grounded many jets if not all stateside. my question to you, how do you ensure over at virgin america that

the airline is reducing its order of airbus sas jets from 30 to 10. last month they announced they were reducing their flight schedule in the 1st quarter of next year. the company has also offered employees voluntary short-term leave. >>> portable sleep tents for infants and small children are being voluntarily recalled because of a safety hazard. kid coink's recall of 220,000 of items after a baby was found killed in a tent. there are other people with problems with the mattress. >>> a community is honoring the victims of jonestown that covers the black because the name of the man responsible for the deaths is on the plaque. jim jones poisoned people with kool-aid. a dozen people showed up at the oakland cemetery to mark the 34th anniversary of the mass suicide. >> it's horrific. we live that tragedy, my family, many people never got over it. now we have to see the insult. >> families hope to get a new memorial by next year. >>> san francisco may be getting ready to shed its image as the city where anything goes including clothing. the board of super

airbus kind of mod deled it in the 320, it was a huge part of success of that landing. because there wasn't a single hero to point to, we didn't, you can't put 1,000 engears own the cover of "time" magazine, right? so you put one person on the cover of "time" magazine. so often it is that tinkering and improving and modifying with thousands of minds working on a problem, how do you make an airplane safe really responsible for the progress we have in our society. one of the things i've tried to do in a way i try to do with a lot of my books is to tell story of group collaboration where people come together from different backgrounds and work to make the world a better place. >> host: you write, i suspect in the long run the media bias against stories of incremental progress may be more damaging than any bias the media display toward the political left and right. >> guest: around that point in the book i have a kind of a social studies quiz of other, kind of key indices of social health over the last 20 ore 30 years. and question to the reader. how we're faring as a socie

an airbus. >> do you need to do some heavy lifting?k up a forklift. >> reporter: with this one, you could actually start your own business. you could actually own your own garbage truck. many of the cars sold here today are working. ron has parked himself in a pickup truck, that won't start. >> i have no idea what i'm getting. it could cost me $5,000 to get it running. it it could cost me $100 to get it running, who knows? >> reporter: the state has sold more than 1,000 vehicles in three auctions netting more than $1 million, with 6,000 sales to go. in davis, kent pritchett, ktvu, channel 2 news. >>> at ktvu.com we've posted more information about california's auto auctions, just look for the web links section about halfway down on the front page. >>> three san francisco based private car dispatching services were slapped with violations today. they were fined for not having proper permits. also, taxi cab drivers filed a lawsuit against uber, claiming the company unfairly takes fares away from them. >>> in less than two hours, commerci

an airbus. >> do you need to do some heavy lifting? pick up a forklift. >> reporter: with this one, you could actually start your own business. you could actually own your own garbage truck. many of the cars sold here today are working. ron has parked himself in a pickup truck, that won't start. >> i have no idea what i'm getting. it could cost me $5,000 to get it running. it it could cost me $100 to get it running, who knows? >> reporter: the state has sold more than 1,000 vehicles in three auctions netting more than $1 million, with 6,000 sales to go. in davis, kent pritchett, ktvu, channel 2 news. >>> at ktvu.com we've posted more information about california's auto auctions, just look for the web links section about halfway down on the front page. >>> three san francisco based private car dispatching services were slapped with violations today. they were fined for not having proper permits. also, taxi cab drivers filed a lawsuit against uber, claiming the company unfairly takes fares away from them. >>> in less than two hours, comm

liz: airbus operating. it's fascinating to watch. >> i don't want to be married to an sec -- any sectors. the end of the day i am still oveeweight cash. they're growing their online business to be shipping more goods from the store more efficiently. margins are improving, sales are improving, and you don't see that. when elected as a result, some of the markets may not be as good as the market expected demand if they work i think the street may have caught up to. david: our stock ninja. and while some may not be an engine, he is taught in our books. good to see you again. liz: sandy leaving a very expensive path of destruction in her wake. huge amounts of trash. what happens to it all? we will take you live to the parking lot that has trash mao's that are growing by the thousands of tons per day. david: an update on a story we broke on fox business early today. a computer problem grounding united jets earlier today causing a travel nightmare for all of those folks stuck in the airport. we have the very late

boeing bucking the down trend just quickly first year they are on pace to outsell rival airbus out of europe since 06. liz: that's big news. hey, thank you very much. let's look at it, boeing here year to date. it's been flat to slightly higher, choppy trading. one thing for sure, healthcare, you know, we're watching this very closely because the affordable healthcare act with president obama still in power looks to be sitting tight and staying there, not being repealed. let's get to alex. he is the morningstar healthcare analyst director. this reelection of the president means that it stays. what does that mean -- what does that mean for healthcare sector? it can be chopped up into sub sectors. >> it is here to stay, as you pointed out. and judging by the market's reaction yesterday and today, investors are clearly spooked what that might mean for the various industries, but in the healthcare sector. pretty much the sell off was across board. managed care companies with exception of medicaid were down. device companies were down. pharmaceutical companies were down. hospitals were up

i think what you'll see is airbus was quite eager to take the airplanes back because you have other u.sgacy who are interested in taking them to replace 20-year-old aircraft. >> you had a third quarter in which you earned $15.8 million. you're expecting to be profitable in the fourth quarter. and in the past you've talked about the possibility of an ipo in 2013. where do things stand in that regard? >> i think we're going n. a wait and see mode as a lot of people are. again, the economy seems to be doing fine. demand seems to be fine. fuel prices are high, but stable. and i think we'll wait and see until we get into the new year how things progress. >> andrew. >> this is a question for david. it may be too early for you to have an opportunity to read the "wall street journal," but there is a front page story about delta and how they have been profitable in part because they actually fly much older jets. not just old jets, but much older jets. and i wanted to get a fwanlg from you you. is that a good thing, a bad thing, would you you feel comfortable flying a fleet of much older planes?

airbus kind of mod deled it in the 320, it was a huge part of success of that landing. because there wasn't a single hero to point to, we didn't, you can't put 1,000 engears own the cover of "time" magazine, right? so you put one person on the cover of "time" magazine. so often it is that tinkering and improving and modifying with thousands of minds working on a problem, how do you make an airplane safe really responsible for the progress we have in our society. one of the things i've tried to do in a way i try to do with a lot of my books is to tell story of group collaboration where people come together from different backgrounds and work to make the world a better place. >> host: you write, i suspect in the long run the media bias against stories of incremental progress may be more damaging than any bias the media display toward the political left and right. >> guest: around that point in the book i have a kind of a social studies quiz of other, kind of key indices of social health over the last 20 ore 30 years. and question to the reader. how we're faring as a socie

declined, and one need not go to the list, but a few things, and many of them have accelerated with the airbusising -- the arab uprising, the shift toward the gulf, into the vacation of the sunni-shiite and the arab-person contact, and the relative decline of u.s. capacity, not necessarily that people can do things without the u.s.. u.s. is effective as ever in its capacity to get the parties to do what it wants to do, and in that respect it is not the same landscape as we have had before. the second point is that the united states is in the middle east, present in the middle east, it is not of the middle east. i mean it that has always been the case, that the u.s. is not acting in the context where the protagonists, the actors on the ground, are waging struggles, going about their own business in ways that have nothing to do with what we want. they involve struggles that we do not share. we may be involved in their conflict, but we do not have much common with what they're trying to do. it has often been in the in the case in the past that the united states has unable to set a framing, the ag

airbus coming to mobile, alabama. back to a position where it makes sense for china to actually have us manufacturer what they're manufacturing over there now. are we getting there? >> i think it's not going to be anything as direct as jobs now being done in chinese factories move back to cleveland or montgomery, alabama, or anything like that but the next wave of new business startups becomes more attractive for them to develop in california, in texas and tennessee, then in southern china. and so the growth we're starting to see is in some of the high-tech ferms back in the united states rather than in china. >> basic economics. it used to be so much cheaper to get things done in china. now wages are starting to rise. workers are starting to get choosier. >> they are. and i went back to some factories just last month. i've been seeing the last six or seven years the fascinating thing is they're going through in it about a decade 150 years of social transformation in the west. so the shift from, say, the 1840s and eng

god-given senses whether it's looking to the window without binoculars, reading and spelling the airbus. i did not think their is a constitutional difference. >> there is. he said you do have an expectation of people coming into your door. perhaps even with binoculars. but not looking into the house, not looking into the house from the front step did not do it. why is that of a constitutional? because it is very unusual that someone would do that. the homeowner would resent it. the homeowner resent someone coming with a large animal sitting in front of the front steps on his property and sitting there sniffing for five to 15 minutes. forget the same thing. just talking. loud noises. is that something? >> what i think you can say, implied consent. a person on ollie's walking into the front door, taking a sniff a matter of seconds. >> i tell what happened here was 15 minutes. >> the dog is back and forth, tries to figure out where the smell is coming from. you go up to the door, the dog barks once, and that's it. but some extended and the time going back and forth and back and forth tryin