you listen to airbus in toluse, a lot of bits go into making an airbus aircraft.ey are talking about problems they are having, stuff isn't showing up on time. it is complex to build these big pieces of engineering. as an investor, what do i want to be listening to in terms of getting the best guide as to what is happening within the european economy? is that the data or companies like vw and airbus saying things are difficult and manufacturing remains a big problem? joost: the company data is insightful. these are people who are on the ground. i think you have to be careful with a company, it can be anecdotal. the two companies you mentioned are big companies in the middle of it. it is interesting, if you look on a global scale, i think there are signs production chain problems are even a. maybe a bit more nus than europe, the european economy is slowing. industrial and in the chip sector, we have signs the problems are getting less. it looks like europe is lagging a bit, also due to geopolitical problems which alleviate these problems. i think globally, they seem

rather than have them buy airbus. well, what boeing did at the time of its last great airplane that triple seven was to come up with a gang of eight of customers who told it what they wanted. so listen to customers. right didn't they write? right down in a napkin or something what we're well what we're gonna do we're gonna have a plan that what was it was it was? yeah, we're gonna have a plane that from the beginning everything we delivered and everything works and it was in very plain language on a napkin. during the early days of the max certification fan faa engineers were fond of saying when i'm hauled in front of congress and asked why we did it this way. i'll say because you told us to mr. congressman. well, i guess you've already addressed that one of your sources actually said that. any further comment on that now because they've read the book. peter in the excerpt of your book, i guess they mean the piece that was published in bloomberg business week this week. in the excerpt you released a huge segment focus

can it cover its quality with airbus?e airshow just finished yesterday and it was a remarkable performance by airbus full of confidence. boeing had one max order and came home and has said very little. so can boeing get out of this? next i think with investments it can. it is at a very low point. special limit narrowbody market where it's basically a reversal of where it was 20 years ago. it was two thirds of boeing and now it is two thirds airbus. and in some parts of the market with the a3 21 it has a five -- one gap. it would take a very focused effort. that is the way i'm putting it. cooks well, i think people in this region can only hope that will happen. should boeing rename the max? >> it's a 7378, right? >> by so-called the max. that is a marketing question. [laughter] cooks boeing is not officially renaming it. think be pretty pointless. some airlines if you climb on board some of them. i think that we are out of questions or out of time. i will ask one more. wallenberg met with the families. i think this was aft

this is also an airbus related question.hat role did the landscape play in the failures that led to the engineering problems? the specter of airbus there were many opportunities during the past 20 or 30 years. there was a plan about 20 years newer that had electronic technology boeing didn't. there was aa meeting i wrote about in 1992 that later became senioron continental and said should we develop a brand-new 737 and he got a kick under the table from someone who wanted to vote the other way. historically boeing with the 747 and the triple seven as well when it came time the culture of cost cutting was already there in chicago so they came up with outsourcing so boeing wouldn't have to pay for it which was a financial disaster. what are the main lessons of the tragedy? >> listen to what your employees are telling you. managers have a prime directive to minimize training on the max. there were points in history when there was a wish to minimize training but there was an understanding that if that was permissible by the desi

both air france and airbus pleading not guilty to the charges today.icted, each company faces potential fines of up to just $219,000 a tiny fraction of their annual revenues air france has already compensated families of those killed nobody risked going to prison as only the companies are on trial. still, the families of the victims seeking justice after waiting more than a decade to see the case come to trial according to the associated press, courtroom spectators yelled shame after the executives took the stand. this man stood outside the courtroom. he told reporters his daughter and her fiance died in the crash. he held a cardboard sign that read "french justice 13 years too late " >>> with the new iphone, apple rolled out new technology that was meant to help you in case you were in a bad emergency. not in the case of a roller coaster. the glitch leading to 911 calls that should not happen and how you can fix it. >>> more than 100 years ago in cora sar this fall, xfinity rewards is thanking you with spooky perks and surprises. enter for your chance

airbus made real inroads when it comes to the wide body market in terms of nailing down big orders inl months boeing, there was a time, brian, when they were not doing well in terms of landing future orders what they did at farm bureau might be an indication that they have momentum building in terms of customers. >> very good i would challenge duopoly. i've been going to wisconsin and been on these 'em brieres as you're ducking to get on the plane. phil lebeau, tomorrow morning, david calhoun, virginia tech hokeys go hokies. that does it for us on "the exchange." i'll join contessa brewer on "power lunch wash" which starts >> on that auspicious note, welcome to "power lunch. i'm scontessa brewer. goldman sachs president and ceo john wall drin joins us. we'll talk about deal making and the big reorganization big tech earnings on

volkswagen and airbus.and i will be moving towards bloomberg radio shortly with a lot of analysis. from the ecb. also talking about some of these corporate reports. sales interesting but credit suisse also the story of the day. alix: let's stick with the earnings story. tech earnings were in line after the bell. this is bloomberg. ♪ ♪ - if you're thinking about going back to school this is for you. ♪ ♪ - i ended up spending less money my entire time at snhu than i did in just one year at my other university. - my time at snhu has given me more confidence. now i can go for that promotion. - if you're ready to go back to school, you can do it. southern new hampshire university has changed my life and it can change yours too. - [narrator] visit snhu.edu. >> you are looking at a live shot of the principal room. coming up, i capital chiefs -- chief investment strategist. this is bloomberg. keeping up to date with nusra around the world here's the first word. the u.s. economy grew at a solid pace in the third qua

victims of the 2000 or 9 plane crash into the atlantic ocean shouted down the ceos of air force and airbus after they took the stand or 288 people aboard. the fight died on route from rio de janeiro to paris. after more than a decade of legal battles, this manslaughter trial could bring justice for the families. tesla continues to electrify german drivers officials, so official figures rather show the u. s. electric car makers test a why out sold both volkswagen and audi last month? testers model free also dominated the mid range segment with nearly 15 percent more sales. the nasdaq lead declines, a wall street washington has published new sanctions cutting of china from certain semiconductors made with us equipment anywhere in the world. let's go over to our correspond. james sweeney joins us from the new york stock exchange. james, i bet the news rattled the chip sector. well, it did rattle the chip sector in sack snacks. took quite a hit this monday to kick off this trading week with nasdaq getting hit, the hardest dropping to its lowest level in the last 2 years. because tech shares co

on the airplane side, we've got airbus.re hopeful about the future combat aircraft accord later this year. chinese site assembly. first-ever a-321. another back loaded year for airbus. the c.e.o. says going into 2023. dani: and of course we spoke with equinor who also released earnings, beating estimates, boosting shareholder payout. all that cash flow coming in strong because of prices. he ebasically told us he sees the tax regime staying steady and saying price caps won't solve the problem of supply. manus: yeah, i think that was probably the most interesting. let's see what the price cap actually is as the americans debate within g-7 in terms of where the right price is. it's a monster day for tech but also a monster week for banks. which makes it even better. we've got an exclusive conversation with the c.e.o. of barclay's at 7:00 a.m. london time here on bloomberg. ♪ millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with

boeing is our largest exporter we should all be rooting for boeing i'm rooting for boeing and airbusety answer for this airplane. to think if it doesn't get certified, airbus is going to build more a 321s in europe and china versus building them with american workers in seattle. >> scott kirby coming off a -- whew, what a report. q3 much better numbers than people were expected on wall street you can see it with the stock up 5 or 6%. send it back to you. >> great, scott. >>> the largest building at new york's hudson yards opening today. new homes at blackrock, naet and ot -- meta and others. at a break check out the pre-market winners and losers. you're watching "squawk box" on cnbc fsd pharma is developing new treatments for neuro and inflammatory disorders. in a breakthrough discovery, fsd pharma recently demonstrated positive effects with their drug in treating ms in pre-clinical mouse models. fsd pharma our internet isn't ideal. my dad made the brillant move to get us t-mobile home internet. -which... we have to share our signal with the entire neighborhood. yeah, now we do some

not just hertz i think you have deals with united and ferrari and airbus.iness going to get and why is there such a good match here with some of these transport companies? >> well, you know, first of all, this is what makes this partnership particularly interesting is that you just have this combination between things like foundries have done in the past like preventative maintenance, looking forward, cycle of life, predicting where an asset should be with dramatic issues around registration and how these vehicles are registered then moving to a more climate friendly fleet all of which requires both ingrating the data then being able to decide against the data. these are very, very big steps we do well the complicated, interesting problems where the software gets shown off to be valuable as your listeners know, most software is not kind of super useful so we are always looking for industries where you can just really dominate through the integration of hardware and software and entrepreneurial acumen and there's a lot of industries out there some of the mos

no official comments from airbus, boeing or united on that report that would be a pretty big order, domy big one for sure bertha coombs, thank you very much for that. >>> a busy day on wall street with several big banks releasing their third quarter results. you got jpmorgan, you got citigroup, morgan stanley, wells fargo all reporting before the opening bell investors are bracing themselves for less than positive results amid mounting economic macro worries. with jpmorgan's ceo jamie dimon telling cnbc just this past week that a u.s. recession is likely to come within the next six to nine months. all four banks, by the way, that are reporting this morning are down between 11 and 30%, just so far this year to date. for more on what to expect now, let's bring in steven bigger, the director of financial institutions research at argas research thank you very much for joining us this morning. this is a very big kickoff to big bank season. i remember the days when it was maybe just jpmorgan and/or wells fargo that would kick things off but now we have four of them what are you looking for th

it's a big airbus. a 3.80, double decker biggest commercial airplane in the world. passenger plane can always tell when a pipe is not a violent. i just think it's something that, it's pretty clear was right on time. every time i did of our show here. but, yeah, a lot of fog out there right now. so we'll see more of that fog throughout the night tonight. kind of a deeper marine lair. >> that's allowed to push further on shore. there goes that are bus right now. think that they'll is headed out of town. but we're going to see high pressure overhead. that ridge is going start the weekend. i think as we get the weekend before that got a cold front dropping over the top of it. but other than a few high clouds sun, more of a northerly a northeasterly wind aloft. it looks like really some nice weather for the bay area going to stay warm in most spots away from the coastline. overnight lows will have a little bit of a chill 40's and 50's outside tonight in spots as we head toward tomorrow afternoon, europe in 60's in the san francisco. a 15 60's right along the coastline an

in this morning's tech, smart ridge takes a look at premium airbus from google, apple, samsung and even gives the pros and cons of each pair. take a look. >> the latest premium ear buds from google, samsung and apple are better than ever. google's pixel buds pro make a great companion to the pixel smartphone. they're comfortable and they sound good. but they did fall out of my years more than i'd like during activity. there's active noise, cancellation and google assistant on demand is magical. google pixel buds are $199. next up, samsung galaxy buds to pro. these are samsung's best ear buds yet and coming a wireless charging case. i also love how drippy this case is. >> now for the bugs, the music sounds great. the levels are rich and the noise cancellation is excellent. and they almost never fell out of my years. these are an easy recommendation. if you have a samsung phone. >> galaxy buds to pro are $229. but check for deals that make them cheaper. finally, apple second generation airpods pro have some big improvements. the noise cancellation is incredible. and the transparency mode

therefore , airbus is still in limbo, suspending the supply of spare parts to russia, but it buys therehe space industry continues to cooperate with russia nasa and spacex ilona is the mask of the giant of thought who called ukraine to negotiations with putin and also the recognition of crimea as a russian tsar the automotive industry does not give up russian rubles, more than 60 brands, including tesla, the already mentioned mask, kia, geely, chery, hyundai , kawasaki, lexus, citroën and jaguar, and tire manufacturers toyotair and continental have suspended investments or reduced their activities, bmw group, mitsubishi motors, volvo, suzuki, caterpillar, i love and michelin in the military industry cooperation with the terrorist country is continued by the well-known american brand safety and the japanese kawasaki, among the high-end networks , well-known brands such as radisson have decided to remain interstate bellement and fletcher hotels continue to operate hilton hotels, although the corporate offices are closed, supports ukrainians, curtails investment projects in russia, but the

airbus and air france have denied involuntary manslaughter at the start of a trial over a plane crashrd. the names of all 228 victims were read out at the court in paris. the mexican government has filed another lawsuit against us companies it blames for the flow of illegal weapons into its country. it names five prominent us gun dealers for their alleged part in trafficking weapons into mexico for use by the country's powerful drug cartels. we often hear about the damage that plastic does to our oceans and our wildlife and it turns out that fishing nets are the hardest plastic of all to recycle. trawler nets are especially difficult to process, because they fill up with debris when they're pulled along the sea bed. now, they'll be recycled in the uk for the first time. 0ur environment correspondent jonah fisher has the story. 0ur seas are filling up with plastic. much of it are the bottles and bags that we throw away every day. but about 10% comes from the fishing industry, and the problem with abandoned nets is that they keep catching things. 0n the cornish coast, that means seals.

therefore , the airbus company is still in limbo, suspending the supply of spare parts to russia, butitanium there in the space industry, it remains to cooperate with russia, nasa and spacex ilona mask - the giant of opinion who called on ukraine to negotiate with putin and to recognize crimea as russian, in the automotive industry, more than 60 brands do not refuse russian rubles, including tesla, the already mentioned mask, kia geely, cheri, hyundai , cova saki, lexus, citroën and jaguar. also, tire manufacturers toyotaairs and continental have suspended investments or reduced the activities of bmw groups, mitsubishi motors, volvo, suzuki, caterpillar. japanese kawasaki among the hotel chains decided to stay well-known brands such as radisson interstate bellman and fletcher continue to operate hotels of the hilton chain even though corporate offices are closed supports ukrainians is winding down investment projects in russia, but the hyatt network has not stopped working there in the field of electronics, there are definitely about 70 brands left among them philips, xiaomi, yamaha i

since the end of july, which is 15% of the fleet according to flightradar24 three of the seven airbus used for spare parts, did not take off for about 3 months to restore order. at a recent meeting, vladimir putin set aside 3 years for the aviation industry. during this time, the production of domestic aircraft with our engines should be established. since soviet times, russia has not produced competitive engines for civil aviation; it is easier to buy them, but if you do not do it yourself, then in russia nothing will ever appear easier to buy than to produce it yourself. and as soon as we start buying, the market is immediately closed for our manufacturer, because, well, they would not have been specifically capable of producing soviet-era civil civil in the world, of course, better to buy. eh, cheaper cheaper and more comfortable. if we don't do it ourselves, vladimir alexandrovich, i'm a humanist, will never appear like that. i read two kinds of publications regarding our air trawl. the first type of publication, the plaster is removed, the client leaves , we saw more good planes,

airbus and air france have denied involuntary manslaughter at the start of a trial over a plane crashhan a decade ago, which killed everyone on board. the names of all 228 victims were read out at the court in paris. the mexican government has filed another lawsuit against us companies it blames for the flow of illegal weapons into mexico. it names five prominent us gun dealers for their alleged part in trafficking weapons into mexico for use by the country's powerful drug cartels. kwasi kwarteng, the man charged with looking after the uk's finances, has now agreed to set out his plan for balancing the government's finances on the 31st of october. that's nearly a month earlier than originally planned. the economic statement is expected to give details of plans to pay for £43 billion worth of tax cuts. the latest trial of the disgraced hollywood film producer harvey weinstein is beginning in los angeles. weinstein denies 11 charges of abuse, including allegations of assault and rape. he's already serving more than 20 years injail after being convicted of a series of sex crimes in new y

do you see this as a potential sort of trade war that could emerge similar to the airbus boeing dispute or do you think this is just sort of solvable issue? >> we are not looking for any war. it is a twofold reality. it is very welcome that the u.s. are taking action to increase their reach of the carbon neutral goal. the speed up that was needed. and it was needed. so that is good news. we have to have the conversation of whether it will impact negatively not only the level playing field, but more deeply, what we call the economic alignment of our two additives that is absolutely needed for i think our common prosperity down the road and, especially in the current context of the war in ukraine, what it would require from all of us to stand up long term. we cannot afford any disruption, so we would be looking for some conversations on that. >> we will take one or two questions. a microphone will be coming to you. the one rule is coming must ask one question and -- two rules, identify yourself. >> thank you for this opportunity. madame foreign minister, my question is, france is an ally

a space rover designed and built by british engineers at airbus in stevenage was all set to go to marsver. its skills — it can drive autonomously, negotiate the most difficult terrain and cope in extreme environments. but now it's looking for work. built in the uk, it's being tested in a quarry in bedfordshire. it was heading for mars, until its mission was cancelled. we have spent a lot of time and a lot of effort in developing this expertise. we don't want to let that go to waste, we want to exploit it and make sure that investment comes to fruition. also, it puts us in a good place to be involved in future space missions, which is brilliant for the reputation of the uk. so where could the rover go instead of mars? one option could be to swap the red martian terrain for the grey lunar landscape. this rover was designed for mars. if it's heading to the moon, it will need some modifications. the lunar surface can get as hot as 120 degrees celsius, and as cold as —230. so this will have to cope with extremes. there's also problem with light. the moon gets two weeks of daylight followed

a rover designed and built by british engineers at airbus was all set to go to mars — until its rolefor a newjob — to prevent all of the expertise and work that's taken more than a decade from going to waste. 0ur science editor rebecca morelle reports. 0ne state—of—the—art rover. it's skills? it can drive autonomously, negotiate the most difficult terrain and cope in extreme environments. but now it is looking for work. built in the uk, it is being tested in a quarry in beds. it was heading for mars until its mission was cancelled. its task on the red planet was to pick up on the red planet was to pick up samples, but it has been scrapped. many mars helicopters will do the job instead. scrapped. many mars helicopters will do thejob instead. the uk thinks this rover still has a bright future. we thinks this rover still has a bright future.— thinks this rover still has a bright future. thinks this rover still has a briht future. ~ . , , . bright future. we have spent a lot of time _ bright future. we have spent a lot of time and _ bright future. we have spent a lot of time and effort -

but part of this is taking delivery of new aircraft you know the challenges that boeing and airbus are can't get more new aircraft quicker. >> boeing and airbus have been good partners. we need them to be great we depend on them for our livelihood and i'm confident that the leadership at bot boeing and airbus are going to get back on track. what i'll tell you is, we're taking deliveries of 787s and the maxes. the product we're getting off the line is really, really nice. we've got to make sure that that's the case in terms of product quality but also in terms of when they deliver aircraft they got to be on time. >> andrew has a question, but i don't want to belabor this, you say they've got to be great. what would you do differently? if you are sitting down with dave calhoun, what would you say? >> supply chain is a supply chain, but you got to build an enterprise to make sure it services what you committed to i know they're going to do it. they got to catch up we've all had to rebound out of the pandemic they'll do the same. >> andrew, go ahead. i want to ask you this, there's an inte

replacing boeings and airbus with domestic aircraft for russian enterprises will be a powerful technologicalo switch to mass production of civilian tu-214s here at the kazan aviation plant, aircraft are ready to be assembled entirely from russian components, the first four aircraft are being built for the tatarstan air carrier. another 40 cars are planned to be bought by aeroflot team, not only we are the leader, but and the workers have been waiting there for a long time, therefore, of course , we will support with both hands even now in connection with the increase in this volume. we are doing everything to ensure that, well, the first is to equip up to ten aircraft a year, which means, naturally, there are many questions related to the training of personnel for the tu-214 medium distral aircraft with a capacity of up to 210 passengers. the first flight was made in 1996 and until recently it was produced in small batches. by special state order for a special flight detachment of the ministry of defense and the fsb with a flight range of 8.000 km and equipped with modern russian security sy

the business flash headlines -- saudi arabia's public investment fund is in talks with boeing and airbusanes for a new national airline. we are told the sword -- the sovereign wealth fund would buy planes and take out purchase options. saudi arabia wants a second national airline to fly alongside saudi air as part of plans to make the economy less dependent on oil. bloomberg has learned the credit suisse chief compliance officer was set to leave in the coming weeks. sources say the departures are related to the strategic review the swiss bank is planning to announce this week. but he spent little more than a year in that post. that's about it for daybreak australia. daybreak asia is next as we count down to the start of trading this monday morning. this is bloomberg. ♪ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts. sa

airlines finalizing a deal to purchase 100 new wide bodied jets, looking at offers from boeing and airbusdeal to be announced in december. one company aiming to get your packages on their autonomous planes. grady trimble in san francisco with the story. you went on these planes. how does package delivery work? >> reporter: package delivery would be the same. it is the plane itself that is remarkable and would make package delivery without a pilot possible. this is the plane we were on, a cessna grand caravan the look like any other cessna grand caravan but looking closer you can see the sensors and other tech that allow this thing to fly by itself. we saw a taxi take off and land with no help at all from the pilot. you see the yoke or the controller turning on its own. there is someone on the ground in what they call mission control center communicating with air traffic control and monitoring the flight. right now there is a safety pilot in the cockpit but their goal is to start with cargo flights from one small airport to another without a pilot by 2025. >> with this technology, a pilot

boeing and airbus away behind and the supply chains are way behind.riti: let's turn to mary, an expert on all the airlines. thank you for joining us. we heard scott kirby talk about how much pain there is from the supply side. from the demand side, united came out with a profit forecast that beat estimates by almost double. square the two things for us. mary: they did with the third quarter estimates and their protection for the fourth quarter was they would have a profit worth more than double the current estimate. here is where the two come together. this shortage on aircraft and pilots is helping airlines keep as is high. demand is a superstrong. the plans are packed. all of that is a tight supply and demand balance. that helps them keep fares higher. kriti: speaking of keeping fares higher, is that something that is ever going to come down given this revamp in business travel? something scott kirby mentioned is people are combining this travel with leisure. they will fly to san francisco and spend the weekend there. does that eat into their bottom

you could see the nose cone caved in of the airbus a-320. the windshield shattered. emergency landing but you have to question the judgment of the pilots here. why did they decide to go into this weather when they have so much data about what is in front of them. not only on board the airplane but from air traffic control. we heard from lad am, the airline and they're supported the passengers and will comply with the investigation by civil aviation authorities in paraguay. of course they will look into why the pilots made this call. there is some conjecture out that said they didn't want to deal with emptying the airplane out in brazil and running up against their duty time, how much time they could stay on the clock. it is an interesting investigation about why the passengers were put through such a horrible experience. >> it is such an interesting point that you make there, pete, given the information that is available. always appreciate it. thank you. >>> top of the hour here on cnn. i'm erica hill. the breaking news we are following this morning. paul pelosi, the

in iraq, in 2003 , pilots fired at the airbus of the dhl postal service, then miraculously landed the aircraft. and what happens in washington, it seems, opposes sabotage initiatives, and kiev does not seem to hear preparing new explosions and confirming the conclusions of the president of russia, the kiev regime with its actions. in fact, he put himself on a par with international terrorist groups. the most odious groups in the case the continuation of attempts to carry out terrorist attacks on our territory, the responses from russia will be harsh and in scale will correspond to the level of threats posed by the russian federation. no one should have any doubt about this. in fact, there is a completely different ability of ukrainian intelligence on their own initiative and completely without support to carry out such a complex multi-way with the delivery of the bomb. through several countries, kirill branin, svetlana vidyashkina and alexander ononichev channel one. zelensky regime now he is concerned about how to accustom the citizens of the country to rolling blackouts and to the i

we will also order more airbus. a deal financially, but it is the right safety outcome. the most important point. it is just a different length of airplane. it is the same airplane but different length. you would not want to make two procedures for the same plane. we will get to the right answer where the max seven and 10 will be certified, like the eight and nine. the more important point is for the u.s. boeing is our largest high-tech exporter, high tech jobs. the question is, our airlines around the one going to buy max 10's or airbuses? are they going to be built in seattle, europe, or china? i want healthy competition, but the right answer is the max 10. tom: we are out of time. we need to see you next time you are in new york. a very strong earnings report. this boeing/max thing will not go away. kailey: something that will continue to follow, especially with the impact of the stronger dollar, company after company warning there is more on debt. tom: the vix elevated. we are looking at yields. watch for higher

government keeps making it harder and harder to buy high quality semi com conductors airbus has morey can handle. there are only two companies on earth that can make commercial aircraft at scale and given the incredible demand for planes worldwide, somebody is going to buy them plus, boeing has positive cash know that surprised me. if like me you believe in the travel economy, consider buying the stock of buying, not all at once, please, it's way too volatile c con constellation, boeing. there is always m mlllla a bub somewhere and i promise to find it here for you on "mad money.". "the news with shepard smith" starts now >>> to decide who could control the united states senate, the chair recognizes the people of pennsylvania i'm shepard smith. this is "the news" on cnbc >>> who should be involved in an abortion decision. >> i want local polite cam leaders. >> you said you don't support fracking. >> i don't -- i don't -- i support fracking and i stand and i do support fracking. >> pennsylvania's choice could decide control of washington >>> who's taking pictures of voters at ballot d

that's part of an agreement whereby hawaiian will fly airbus cargo planes for amazon starting 2023 >>lanes to cars, general motors getting a pop after taking another step forward in the ev race. revealing its electric pickup with a big price tag we'll tell you about the unveil. and we'll talk to former ford ceo mark fields about the company's best position to cash in on the electric vehicle revolution with my hectic life you'd think retirement would be the last thing on my mind. hey mom, can i go play video games? sure, after homework. thankfully, voya provides comprehensive solutions and shows me how to get the most out of my workplace benefits. what's the wifi password again? here you go. cool. thanks. no problem. voya helps me feel like i've got it all under control. because i do. oh she is good. voya. well planned. well invested. well protected. i traded my taxicab for a food truck and a dream. i'm larry villalobos, owner of cachapas y mas, bringing venezuelan flavors to new york. people love our yoyos and cachapas. we've become a foodie destination. larry doesn't just create mout

stock might also be taking off as bloomberg reported the company is in talks with both boeing and airbuswide body jets. the deal could be announced as soon as december, although a timeline isn't quite clear, but while united looks to add more miles to its fleet san francisco -based xwing, looking to innovate the cargo plane industry with an unbelievably crazy unique cessna plane model of its own design. a self-flying one. now for two years the companies been testing its super-pilot autonomous flight system so we thought grady trimble, we love you. reporter: [laughter] liz: you are brave, live in concord, california. did you go up in it? reporter: we did, liz, and i'm happy to say the flight was actually pretty uneventful. it felt like any other regular flight. this is the plane we went up in. it's a small cargo plane. the plane itself is actually 30 years old but it's souped up with all sorts of lidar, radar, cameras, other sensors that yes, let this plane fly itself. you can see in our video, we were able to taxi, take off, and land with no help at all from the pilot. while the plane is

airbuses are going away and we're bringing in a bunch of new boeing airplanes, transitioning 500 airbusnents to the platform but to answer your question, we have a pickup in costs in the french quarter, which was in our guide. as we head into 2023, our unit costs are going to come down relative to 2022 >> and you've got a 23 -- what, a 23% raise for the pilots you've also locked in a labor piece. how important is that from your perspective, that you can say, okay, now we know where we are with our unions, and this is where, as we move forward in '23, where we're at. >> oh, you're spot-on, phil. this is a competitive advantage from our viewpoint getting a deal not only with our mainline pilots in alaska, our regional pilots, three other unions, you know, this was a deliberate strategy of ours, all through 2022 and we're really happy we got magnificent employees who are bringing up their wages to market and recognizing their contribution to our success and we'll have a terrific year we'll have a profitable year with high single digit pre-tax margins and we want to make sure our employees

comes to wide bodies lots of news surrounding united and a potential order with either boeing and airbuss with ceo scott kirby. you don't want to miss our "squawk box" exclusive tomorrow morning. before that, we'll get the numbers after the bell we'll see what this have to say about the fourth quarter and beyond back to you. >> i'm sure we're going hit them because i'm filling in for melissa on fast money. thank you. >>> united and netflix tonight we will see you there, 5:00 p.m. for "fast money" tonight we'll see you back here for the exc exchange i can just eat these nine seconds. "power lunch" starts right now >>> i'm going to fill the hour that way welcome to "power lunch," everybody. along with contessa brewer, i'm tyler mathisen here's what's ahead. profits are powering wall street for a second consecutive day the earnings apocalypse that many feared is so far missing in action, but can this rally really be trusted? we'll talk to someone and get a perspective there. plus, lockheed martin tops expectations the stock surging today, gaining 22% this year. that trounces the 20% drop in

the paint job on this airbus a 320 leads. little doubt over what's on board. oh, it's the world cup trophy, arriving in mexico city, villa premier, i recently started. okay. this is the 1st them history. the word copy so close to mexico and the cds most popular. i mean by that. oh, for mexican football fans, it's not just the world cup trophy that's arrived. it's world cup fever like brains out there, but if you break down, the experience has been perfect. i love football and watching all these families come together, just to see the trophy has been amazing, but then it was while on. oh, mexico is only a 1st stop in the trophies tour of latin america. the next stops include brazil, uruguay, argentina, ecuador, and costa rica. the 2022 world cup trophy tour will for the 1st time include a visit to all $32.00 qualified nations, giving more fans of the beautiful game. a chance to see this iconic trophy in person ah, the world cup trophy tour will stop in a total of $51.00 countries and territories. finishing its run in doha, qatar just before the greatest tournam

on business, he used to have boeing and airbus in the oval office fighting in front of him, kind of like version of that show "the apprentice," and he would just decide. it was not normal governing like we were used to for many years. pence brought that to the white house. he was kind of the place where the business community would go when it really got serious, and he was about to go off the cliff on something. but it was a transactional presidency, and we had never seen anything like that. the business community is in for a challenge because the house republicans, which represent the country and the districts they are from, is very heavy trump. they are already making noises about an aggressive posture, not just against big tech, but against this whole woke movement . a lot of corporations are doing a lot of scribbling right now on trying to figure out how they are going to deal with the new republican house. mcconnell, he plays the long game. he knows how to run this. he knows when to pop off. but he is pretty steady-eddie. the house is a whole different situation, and i think with mc

a rover designed and built by british engineers at airbus in stevenage was all set to go to mars until was heading for mars until its mission was cancelled. its task on the red planet was to pick up samples, but it's been scrapped. mini mars helicopters will do thejob instead. the uk doesn't want to see the technology mothballed, they think this rover has still got a bright future. we have spent a lot of time and a lot of effort on developing this expertise. in developing this expertise. we don't want to let that go to waste, we want to exploit it to make sure that investment comes to fruition. also, it puts us in a good place to be involved in future space missions which is brilliant for the reputation of the uk. so, where could the rover go instead of mars? one option could be to swap the red martian terrain for the grey lunar landscape. this rover was designed for mars. if it's heading to the moon, it will need some modifications. the lunar surface can get as hot as 120 degrees celsius, and as cold as —230. so this will have to cope with extremes. there's also problem with light. th

a rover designed and built by british engineers at airbus in hertfordshire was all set to go to marsecca morelle reports. one state—of—the—art rover. its skills — it can drive autonomously, negotiate the most difficult terrain and cope in extreme environments. but now it's looking for work. built in the uk, it's being tested in a quarry in bedfordshire. it was heading for mars, until its mission was cancelled. we have spent a lot of time and a lot of effort in developing this expertise. we don't want to let that go to waste, we want to exploit it and make sure that investment comes to fruition. also, it puts us in a good place to be involved in future space missions, which is brilliant for the reputation of the uk. so where could the rover go instead of mars? one option could be to swap the red martian terrain for the grey lunar landscape. this rover was designed for mars. if it's heading to the moon, it will need some modifications. the lunar surface can get as hot as 120 degrees celsius, and as cold as —230. so this will have to cope with extremes. there's also problem with light.

sources are saying saudi arabia's public investment fund is in talks with boeing and airbus took biplanesnal airline. the sovereign wealth fund plans to buy 40 planes and take out purchase options for 40 more. saudi arabia wants a second national airline to make of the economy less dependent on oil. bloomberg has learned credit suisse's chief compliance officer is set to leave in the coming weeks. sources say his departure is not related to the swiss bank planning to announce those strategic reviews. he has spent a little more than a year at the post. more to shery: breaking news out of japan. we are getting pmi numbers complementary data for the month of october. posit numbers coming in at 51.7 which is slightly higher than the previous month of september, 51. services side of speeding the previous number and growing to 53 so we are all still in expansionary territory. the manufacturing numbers coming in at 50.7. this is a slight deceleration from the previous month. the reason this is surprising is that we do have a weak japanese yang but with global manufacturing having weekend, we are

cathay pacific is he talks with boeing and airbus about expanding its fleet as it tries to bounce backpacific is looking to add passenger and cargo jets and is seeking delivery by 2025 with a third runway at hong kong international airport coming into service. shery: markets at the moment, downside inequities across equities, nikkei losing ground. every sector in the red. we are watching the kospi fall for the first time in four sessions. and samsung is one name to watch. they disappointed with their latest results. plenty more to come. this is bloomberg. >> this "daybreak: asia," is i'm -- this is "daybreak: asia,". the bank says it had no choice does intervene up to dump -- after managers dumped 50 million pounds and triggered a market crash. the remark conflict with the government story about why markets unpunished the u.k. and the pound to historic lows. u.s. treasury secretary janet yellen proposed changes to the world bank and regional development bank to movie beyond country-specific loans. the changes seek to address global threats and speak at the flow of private capital to em

and avi aviation ge, you're seeing a sequential rebound in engine delivers holding up the likes of airbusill some softness in the defense part of the portfolio, which is also playing out in other companies like raytheon and part of the reason why northrup grumman is trading lower today. >> it will be helpful and so is the infrastructure bill. he did say all of that is going to take some time to translate to sales, which is why they're starting to see increased customer demand in that '24, '25 time frame the incentives make more sense a few years out versus currently that being said, on the gas side of the equation, given the energy landscape and everything we talk about on a geopolitical standpoint, they are seeing increased demand and utilization there in terms of some of the energy and electrification business that's playing out within the broader energy portfolio. >> stock had a brief move higher we were looking at it at the open, turned lower not sure exactly what people were responding, investors were responding to earlier. >> we'll see it seems like every company, it's like a reaffi

the coming days, the mars system, multiple rocket launchers, american m210 missiles modified by the airbusoncern fly further and are guided by satellite. the europeans defiantly specify that mars can not shoot the cluster with any supplies, but already yesterday a matchmaker was discovered. these are the mines, installed remotely with the help of cluster ammunition and salvo systems. mars germany made a deal with kiev, which is now openly instructing even ordinary dryers in the donbass to be peaceful and do not be sorry. i don't know they are civilians. i, after all, people said, no talk to them. they are kind of set against us against ukraine, like, well, there they don’t like fighters like the messenger yaroslav voloshko, he managed to stay at the front for three days, then he was shell-shocked and met with an assault detachment. wagner's way, not a heroic way to end a military career, but the only way to survive from what i saw, that is, from our position. here are the losses, somewhere in the third part of the fourth 300, but if 200 is also small, there is no shortage of enemy personne