there'd never been a boeing delay in a boeing programme. event looked like a catastrophe, rather than a manageable series of delays. >> the dreamliner business strategy was backfiring. designed to save so much funny, it was costing boeing billions. >> the outsourcing plan failed very badly. all the different suppliers who were going to build these major sections couldn't actually do it. >> to fix the dreamliner boeing dispatched hundreds of inspectors to quality suppliers around the globe including its italy. process. >> alenia would take on the tack of constructing the body of plane - not with aluminium panels, but composite plastic barrels. the pain active to lose weight, saving fuel and making the 787 cheaper to run. no one had made anything like this before. not boeing, and especially not alenia. >> there is nothing comparable with that. >> nothing. >> no. >> boeing's quality inspectors have one overriding priority - to make sure the job is done correctly. in 2009 when inspectors found flaws in parts made in this plant, they ordered wor

year after boeing took measures to prevent battery fires. >>> okay. that is going to wrap it up for biz tonight. let's get a recap of the markets.

bought from boeing we always like to keep our fleet young and the most modern.his is the most modern airplane. keeping in mind that it is being delivered three years after the 787. all the improvements and efficiencies over and above what has been in the past. they have been incorporated in this airplane. >> you are a tough customer. how come there has been a delight? -- a delay> >> the delay had nothing to do with airbus. it had to do with our suppliers that supply the interior of the airplane that is independent of airbus. they had to fix issues which took a slight delay. the. delay is only a week, which is not much. >> the legacy carriers in europe are terrified of what the middle eastern airlines, yours, emirates, etihad, what are you doing that they are not doing? >> what they are not doing is the efficiencies they do not have. they have high labor costs. may have inefficient structures. most importantly, that is putting pressure, the working conditions by the labor unions. they are putting pressure on them for which they have very high costs to operate the

air bus has answered to boeing 787. it's the first air bus with both fuselage and wing structures made mainly out of carbon fiber. it hopes it's going to give it the edge over boeing. >>> it's midday here in london. 7:00 a.m. in washington. 9:00 p.m. in south korea, where the country is testing the resilience of its nuclear facilities against a cyber attack. hackers are threatening to damage the reactors if they aren't shut down by christmas. they've already leaked sensitive designs and manuals of the plant online, and in the past, south korea has blamed the north for attacks on strategic targets. most recently, north korea was suspected of hacking sony pictures, leading to cinemas cancelling the release of the film "the interview." the country denies it is to blame. steve evans has the latest from the south korean capital seoul. >> reporter: the hackers call themselves the opponents of nuclear power from hawaii. though nobody believes that hawaii is necessarily any connection to them. they've been posting documents, in

mike and carter, last month, they got in on boeing. take a listen. >> we think again we'll make a run for the january high up 10%. we think it's a real good bet relative to the s&p and think it's a real good bet absolute. >> what i'm looking at are the may 135 calls and you can buy those for about 5.25. >> carter, do you like it? >> there's three reasons to exit a bet. one is a price stop, it's gone against you too much. a time stop, it's been stuck for months. neither are in effect here. or it's a win customer you harvest it for gains. this is just a few weeks old, not much happened. like it still, stay. >> this is a situation to take some gains, they open the next trading day at 545 and traded up to almost $7 in two days. actually, what i thought was interesting is when boeing got down around the 120 level, which i'm going to defer to the chart master on whether or not there's support there. but actually some things you could do in this. when they rally, sell some calls against it to spread out of it and keep your bullish bet on. and

it took off from an active runway in jfk in the vortex of a boeing 747. because it started to buffet as it was taking off apparently the co-pilot took a hard turn on the rudder and that tail came right off. that's unbelievable. you would think they would have solved that issue by now. is that a possibility here when you're dealing with composite elements, the new things that airbus and other manufacturers use. >> eric, what they've done, because of -- we learn from these accidents, and because of that accident there out of jfk, american changed their training program and the word spread throughout the airbus operator fleet that don't do that, you can over power this rudder and laurel literally break it off. so they now train the pilots not to do that in heavy turbulence. do not use the rudder pedals to control the rudder. do not try to correct an imbalance or an upset by using your rudder. i hope we solved that problem but, of course, until we get the recorders, the flight data and cockpit voice recorder, we won't really know. and that's going to be the,

year after boeing took measures to prevent battery fires. >>> okay. that is going to wrap it up for biz tonight. let's get a recap of the markets. >>> officials at the world health organization have highlighted the difficulty of counting ebola deaths. they say the outbreak in west africa has killed 1,000 fewer people than they thought. they revised down their total to about 6,000. w.h.o. staff say they wrongly included people who died in liberia of other diseases. they're now reporting 5,987 ebola deaths. and 16,899 confirmed or suspected infections. the w.h.o. announced over 1200 new fatalities last week. officials said they found unreported cases, some in liberia. they also claimed a partial victory in their efforts to isolate 70% of ebola patients. they've achieved that goal in guinea and liberia but not yet in sierra lee yoin. they said they need more time and more international help. >>> representatives from about 190 governments have started discussions on ways to slow climate change. they've gathered in peru for a u.n. conference known as cop-2

last month they got in on boeing. take a listen. >> we think again we're going to make a run up 10%. it's a real good bet relative to the s&p and we think it's a real good bet. >> what i'm looking at are the may 135 calls and you can buy those for about 5 and a quarter. >> let's kick it off with carter. >> what's interest as good there are three reasons to exit a bet. one is a price stop. it's gone against you too much. then there's a time stop. it's been stuck for months. neither are in effect here or it's a winner and you harvest it for gains. it's a few weeks old. not much have happened. stay. >> this is a situation where you could have taken some gains. they open the next trading day at 545 and traded up to almost $7. when boeing got down to the 120 level which i'm going to defer to the chart master but there's things you can do here. when they rally you want to sell calls against it to keep your bullish bet on and if it comes down to the 120 level you can think about some puts traded close to $5. now you're in th

you had been short boeing at one point. >> i was short of boeing at one point in time and i would looky to short this again on a pop here. and the reason why is they get most of their revenue from the emerging markets and we know the emerging markets are not doing very well at all. so i think boeing at the very least you take your profits and if it gets through 120, katie bar the door it's going way down. >> i tend to be on the opposite side. >> i knew it. >> more on the bullish side of boeing. it had a huge run, let's be honest, over $140 a share and then did pull back. i think this pullback is the opportunity that you're looking for to actually add into boeing. i like what they're doing with their cash right now. it makes sense. >> let's take a look at the top trade. down day for the automaker after deutsch cut from a hold to buy, saying u.s. vehicle affordability is coming to an inflection point and the analyst points out, quote, ford's new 2015 f-150 power train light weighting and safety technology is one of the early e of the fourth quarter change. we question whether consumers w

and boeing your best bet for next year a classic wall street to make you money in 2015. we'll explain why when we come back. boeing. let's take a listen. >> we think again we'll make a run for the january high up 10%. we think it's a real good bet relative to the s&p and think it's a real good bet absolute. >> what i'm looking at are the may 35 calls and you can buy that for a quarter. >> carter, do you like it? >> there's three ways. a price stock, gets you too much. a time stock, it's too much. and then harvest it for gains. this is just a few weeks old, not much happened. like it still, stay. >> this is a situation to take the next trending day at 545 and traded up to $7 in two days. i thought it was interesting to get down to the 120 level which i'll defer to the chart on whether there's support there but actually some things you could do in this. when they rally, sell some calls and keep your bullish bet on. if you come back down to the 120 level and get the ball pop like we did, trade it close to five bucks and now you're in the trade premiumwise at least and buy t

honey-day-old well and boeing. boeing has a beautiful 2020.oneywell, year one of a five-year, so i mean they are stuck with the idea of how to handle longer term. they're saying, listen, you know, it's hard to imagine that with oil back to where it was before the headwind of 100 -- cody was saying, listen, 5060, maybe 40/60, then it goes to 100 and you guys in the media are saying that's fine. that was the headwind. when you remove the headwind, it is not bad. when you get the other cunning, he's talking about how there will be a renaissance, europe will pick up. what he's looking at, he's not looking at our screens. he's trying to figure out what's happening in 2018. clearly our screens are not reflecting that. >>> do you think that muktar kent comes in and says, you don't have the horses, partner? >> he might not put it like that. >> he's ensconced. if heic take the heed -- i think he's good. >> you did raise the specter of this stronger and stronger dollar, to a certain extent. is that having an impact on some of these stocks as we had. we

boeing, time and again during the recovery new -- airbus and boeing are perfect bellwethers for whate are trying to figure out with the global economy. the price of oil dropping is a good thing. it affects the way people think about the future. boeing, does boeing's , boeingr foreign policy is the iconic american exporter. >> it is one of them along with caterpillar and a few others and the question is how they will be affected by a higher dollar and by reality. >> and a new mediocre. i think we get the wrong idea sometimes when we look at how difficult it is to get a plane ticket in the united states. u.s., go outside of the there is a lot of competition in southeast asia between low-cost carriers and the legacy carriers. you are seeing a lot more price pressures on airlines. both manufacturers spend time developing huge, wide-body jumbo jets. there are only a few carriers that are willing to sustain them and think they can make money on them, emirates is one. there is a market plan for it that is not quite there. >> there is a concern about cash outlet for a company like boeing. th

investigators say boeing and the faa are to blame for the problem. the issues with the 787 introduced back in 2011 as the company's newest and most advanced plane dealt a blow to boeing's respect takes. >>> the u.s. national highway -- reputation. >>> the u.s. national moye traffic safety administration says it is launching an administration into whether graco children's products acted quickly enough to report a defect in child car seats. graco had the largest seat recall in u.s. history this year. if it's found graco didn't act fast enough, the manufacturer could be fined up to 35 million bucks in civil penalties. >>> you bought security cameras to keep an eye out for the crooks, right? >> but who knew the bad ys would use them to keep an eye on you? we did. we'll explain. >> plus why rap music was echoing through the supreme court today, coming up the a remote that lives on your phone. more wi-fi in more places. a movie library you can take wherever you go. internet speeds that have gotten faster 13 times in 12 years. at comcast, we're creating new

we know that boeing is working on the boeing black phone. based on its own secure version of android. it is supposed to completely wipe its storage if anybody trying to pry open the back. the customers, our govrt government. i know you can't talk specifically about whatever you are doing with boeing but they say they are using bes 12 in a deal like that. how are the margins if you are to do other types of deals with people with outside phones. are those higher margin than the standard? lower? >> no i think it would be about the same. you know obviously the most security features is added on. boeing and us are in collaboration developing together and the solutions is going deliver to the highly securely minded enterprises where there is government or others. so of course, you know, those are tend to be more on the, you know, more expensive and higher priced model. >> give me an update on bes 12. that is the most important thing you have going for the next several quarters. again you want to double the software business in the next year. is th

those were boeing 777s.is an american company, and, of course airbus the aircraft used here, is made by a french company, so the french will be more intimately involved in this search and some of the technical issues in the way that the u.s. was in these other two instances. the last thing imtd i would point out is that after mh-370 went missing, there was an increased call to track all of these flights very closely, and as you have been talking to some of the aif wrags experts today, they're saying it's really disgraceful that many flights are not tracked closely. the obama administration joined an international organization saying these flights all need to be tracked very closely, and we will watch for more increased calls from the administration in the coming days we should expect that it will happen in the wake of this as well. >> i think you can almost be certain. aaron mcpike, thank you very much. sflimplgt we're joined by les, a triple-7 captain and a contributing editor of "flying magazine" and we'll

back with us, former nypd police commissioner bernie kerik along with boe deedle. i'm going to read part of a statement from the new york city pba, talking how two units are not going to respond to every call, but as you go through the statement, one of the things that's very interesting. they say the mayor's hands, referring to de blasio, are literally dripping with our blood, because of his words and actions and policies, and we have, for the first time in a number of years, become a war-time police department. we will act accordingly. what does that mean? >> basically what he's talking to is back to the years of the '70s and '60s when police officers were targets by anti-american radical extremists, domestic extremists, and they are the same types of people. the same language of the murd error that killed these two cops today. >> you fwlee? know what, jeanine? i don't want to panic anybody, but any cop, be watchful. know what's going on. if you have to pull your gun, put your gun out, put it at your side and deal with people. don't worry about all of this balone

back with us, former nypd police commissioner bernie kerik along with boe deedle.'m going to read part of a statement from the new york city pba, talking how two units are not going to respond to every call, but as you go through the statement, one of the things that's very interesting. they say the mayor's hands, referring to de blasio, are literally dripping with our blood, because of his words and actions and policies, and we have, for the first time in a number of years, become a war-time police department. we will act accordingly. what does that mean? >> basically what he's talking to is back to the years of the '70s and '60s when police officers were targets by anti-american radical extremists, domestic extremists, and they are the same types of people. the same language of the murd error that killed these two cops today. >> you fwlee? know what, jeanine? i don't want to panic anybody, but any cop, be watchful. know what's going on. if you have to pull your gun, put your gun out, put it at your side and deal with people. don't worry about all of this baloney.

-based company, boeing, this is a french-based company airbus so that plays into who is involved in the search and rescue a little bit? >> yes, because airbus manufactured a french product, we believe and we know that the pretty much we can say with certainty that the phrenfrench investigators would have a more prominent role than ntsb. and also the u.s. did not have any citizens aboard the plane, and that place into it as well, and we know that the co-pilot was a french national. so looking at this as we move forward to the investigative stage, we believe that the french they will have a more prominent role. and of course we don't rule that the ntsb could be called on for more technical expertise, but a they know it very well. >> and breakdown the weather for us because it is bad as you say and the pit lot asked to go higher and apparently three different thunderstorm systems in to ahe area and it is not a leap to say it played a role in this? >> well, it is not uncommon for weather to play a role in time of the year and the pilots are used to flying through this area, and pilots earli

there's tremendous competition. >> boeing and airbus, when they put out their projections consistently over the last decades, it is asia, asia, asia. as a result of that the capacity to handle more planes in the sky and as we have looked a what the airasia has done to that region, exploded, the number of planes in the air there is a fight for low-cost, low-fare airlines, whether 30 times greater than it was 20 years ago, whether 20 times, talking a lot more. has the infrastructure and again from the u.s. perspective, we are lucky. we have an infrastructure around gore decades, they don't. do they have the capacity to handle all these planes in the sky? >> they seem to be managing it reasonably well. some are managing it better than others as exhibited by your accident record of smaller countries with less resources have a higher incident and accident rate. >> this is this low-cost model, what they will do, they will hub all of their maintenance in a country where the most inexpensive, in this case, malaysia, where airasia is based out of. the cost structure compared to next door, singa

boeing shares have taken about 70 points away from the dow out of the 550 that we have seen.illar has accounted for about 50 down side points just since last week. then you get to the oil names. chevron. middle of the pack performer today dragged about 43 points away from the dow. >> one of the points earlier, industrials and materials and there you have caterpillar, boeing, ge down. dupont. forget ibm. >> these -- remember the dow is price weighted and not market weighted. a move in visa at $258 effects the dow more than microsoft or intel. >> that's why boeing as a triple digit stock less than half the size of visa. with the streak that boeing has been down that has been the dow >> interesting. >> you mentioned ibm. trading today, worst in the dow. three-year low. continual down draft, steady if you will for quite some time with ibm. whether they view it as a buying opportunity. a lot of dynamics happened in the last few weeks. >> chew on that. >> back to you, sue. >> all right. let's check the markets at this point. the dow jones industrial average is down off of the level

talking of which, boeing and caterpillar, two stocks both down week to date.st five trading days down over 8%. look at these two and think, what's in common? number one, both involved in nationals hurt by the stronger dollar and boeing, pointsed it out earlier. think about those airlines in the gulf nations, like emirate, for example. do you think they'll order a whole pile from boeing in the future? >> gave him a ring. two things. petra dollars could impact slowdown in big jets, also, didn't think of it this way. airbus and boeing selling big jets on this whole fuel economy thing. 787, 320s. >> getting more miles out of it. >> if jet fuel prices also collapse. >> undermines the whole selling point. >> to a point. maybe you go the different air. cheaper plane to purchase, but more expensive to operate. just a thought. just a thought. >> okay. time for something we do every day at this time. and on stocking you need to know about today. first up, a very interesting oil-related call. >> this is important. okay. janey montgomery cutting rating on costco to neutra

airplanes by boeing have an override where the pilot can override the systems. we'll see what happened hopefully in the coming days. >> a lot more on 5801 -- 8501 coming up. >>> more breaking news. police under attack yet again as a domestic violence called turn deadly. a officer was shot several times at close range after calmly asking a suspect if he was armed. hundreds gathered at a candlelight vigil outside of the police department where officer stewart's father spoke about the tragedy. listen. >> you never think this will happen that you have to bury your boy. >> meanwhile in los angeles police declaring a citywide tactical alert after two suspects opened fire on a patrol car. one person is in custody but officers are still searching the area for the second suspect. police say he should be considered armed and dangerous. thankfully no officers were injured. >> new york city still reeling as one of its finest is laid to rest. family and loved once playing tribute on saturday to rafael ramos, one of two nypd officers killed execution-style a week ago. many po

boeing makes a much more pilot in command aircraft. there any issue here in terms of when things start going wrong, as clearly they did. and it is hard erer to design an aircraft to be pilot-proof. >> they say we're going to take them out of the envelope. in other words, the pilot on the airbus is a little outside of the control envelope. a pilot in the cockpit, if he wants to take a sharp turn at 45 to 55 degrees -- >> if you're a good pilot you want to be able to stick with the boeings, but the boeing parts are coming back to the fly-by-wire under airbus. he didn't know what to do because of the throttle positions. >> i want to try to find a way to get into the pilot at this particular point. leland laid out your unanimously. >> people will talk about playing a role on the previous situation, could the pilot have been waiting too long for the change of command to kick in before making any maneuvers up and down? >> there's a large culture difference between the asian nations under the culture. and i would remind you the eags ic -- kor

boeing said starting next september, it will build two fewer of its iconic 747-8 jumbo jets. the maker said the recovery of the cargo market has not been as robust as it expected. boeing adds the cutback is not expected to have a material financial impact. >>> still ahead, what are people doing with all the money they're saving on gas? the results of a new survey on spending and the economy coming up. >>> more evidence that the employment picture continues to brighten in its monthly joels report. job openings rose to a nearly 13 year high in october and there were more people leaving jobs than in more than five years. this so-called churn rate is closely tracked by the federal reserve in gauging the overall health of the job market but the labor department adds the number of people actually hired for new jobs was not much changed from september. >>> america's jobs in smaller businesses if they grow bigger normally create new jobs. last month, small business optimism surged to highest level in nearly eight years. the indicator that the economy is ready for faster growth in 201

all people on board that boeing 777 died. air al syria flight 50 al syria al jeer crashed. this is the fourth high profile disaster of 2014. but the former managing director of the ntsb says the skies are still safe. >> i think when you look at the overall picture, there may have been 600 fatalities in year in aviation. that's a relatively low rate when you compare it to the massive numbers of people who are flying today. >> and to that point, aviation has expanded throughout asia the middle east and eastern europe at an extraordinary rate. so many people are flying because it's so much more accessible. but when you look at the accident rate in relation to the millions and millions of flights flying every year, the safety record truly is extraordinary. especially here in the united states carol. >> good to know. rene marsh reporting live from washington. thank you. >>> back to our breaking news right now. as i told you a short time ago, virgin atlantic airline says a plane of its had to return to london's gatwick airport. it

without the top gainer performing, if you see the names, united technologies, boeing, down on the year, and if you see them join the party, industrials could be the next leg. with ge, simply, you know what i mean, look at to the new year changing, look out to the first quarter, their q4 earnings report on january 23 rd, and look at volatility, that's cheap in ge. really, you know, the trade is simple. i looked at february when the stock was 26 today. you could buy the february 26 calls for 65 cents, 2.5% of the underlying stock price. you have two months, a catalyst, the change of the new year, this is a pretty, i think, simple strategy, but that makes sense when you think about where i think the u.s. market could be going early in the new year. >> this is a short term bet, and dog of the kou theory usually plays out over a longer period of time. >> this is an inexpensive option. take the bet without a lot of risk. the vix below 12, where it closed today. a situation where you think maybe i'll do relatively simple trades, premiums are low. that allows leverage without significant risk.

favor of a boe rate action.at has not changed from last month. again, we're looking at sterling right now, weakening against the u.s. dollar right now at 15722.getting other commentary from the bank of england, the possible fall in oil prices, the boe says, has contributed to the perception that rate rises would come in sooner than expected. the bank of england policymakers focusing heavily on the falling price of oil, how that will impact inflation, which is still below the central bank target of 2%. minutes of the boe monetary policy committee released today, the jury thought this warranted keeping interest rates on hold at a record level of 0.2%. it is continued to argue the target is well below the high exchange rate and lower material prices. let's get market reaction from adam cole, who i believe is with us. so the mpc vote, 7-2, was that what you were expecting, adam? >> yes, it was. and i think it will stay that way for a while now, the next stumbling block for uk policies, the wage negotiations which ge

according to a boeing safety study published in auingt a a-320s have one of the lowest accident rates it in the industry. airasia is widely considered to have a good safety record, a record similar to malaysia air before mh 17 and mh 370. the national transportation safety board tells us that it continues to monitor the situation, but for now it has not been asked to assist. jeff, the ntsb has been helping with the investigation into mh 17 and mh 370. >> jeff: jeff pegues, thank you. the airbus a 320200 is the same model plane that captain chesley sully sullenberger safely landed in new york's hudson river six years ago next month. he is now cbs news aviation safety expert. he joins us from reno. sully, always good to see you. you have more than 5,000 hours experience in a320s. how does a pilot handle an emergency situation in a plane like this? >> it requires great team skills, jeff. just as my crew and i and all the first responders handled that situation almost six years ago it requires a well delineated series of roles and responsibilities knowing which is the pilot flying, which

it's not as flexible perhaps as a boeing 777. it is still an aluminum structure wing but once again, we're speculating. we don't know if turbulence or an encounter with a thunderstorm is necessarily the situation. what the pilots did with regard to altitude changes or requesting that particular altitude change may have just been for choppy air. he may have been looking at his radar. both pilots looking at the radar trying to avoid that newscast where i situation. >> all right. les, i'm going to ask you to stand by as we continue to follow things. they're fluid here. in the meantime we'll start at the top of the hour. hello. i'm martin savage in for frederic wra whitfield, and let's bring you up-to-date on what this conversation is all about. a passenger jet carrying 162 people is now missing in southeast asia. here is what we know at the moment. the official search at sea has been suspended for air asia 8501 because of darkness. it is the middle of the night. their local time. the area is a very busy shipping channel, though, and

helicopters and navy warships are scouring the sea looking for any signs of the malaysian boeing 777 that disappeared about an hour into the flight. >> no relief in sight from the polar vortex. temperatures remained freezing in the midwest as the arctic air sweeps into the northeast and south. >> southern discomfort across the southeast. snow brought atlanta to a virtual standstill. abandoned cars and trucks littered the highways. >> happened 60 miles north of seattle, a rain soaked hillside gave way swallowing everything in its path, enveloping homes in a thick mix of mud, trees and rock. >> relentless and powerful. a night of dangerous tornadoes following several days of deadly storms. alabama, mississippi, and louisiana were all hit hard. arkansas especially seems to have suffered. >> firefighters race against the wind that is carrying embers hopscotching between tree tops and up in swirling columns, the people here in san diego county are calling firenados. >> a jumbo jet down and destroyed in ukraine. malaysian air flight 17 a boeing 777, with 295 people reported on board. >> a

right after 9/11 where they were taking off from jfk, got into a vortex from a boeing 747 and the pilot apparently made it too sharp of a turn and man, oh, man, that tail just came off and that airbus crashed in queens. you see the aftermath of that crash there. is it because there's a composite materials now they're using in these airbuses? is it in the real m of possibility that the plane could break up in midair? >> well, you know i'm sure because you've been here a long time, the fact there's competition between boeing and airbus and airbus does the different approach to structure. they do run metal against composites and that was the factor in american 587 that you just discussed in jamaica, new york. so so, the tail fin came off there at low altitude as a matter of fact, but i still want to say that i think there's a good chance that they can recover the records of this aircraft and that will give us a lot of answers that we don't have at the moment. >> certainly that should be coming and we anticipate that and hope it does if that is the case. always good to see you. thank you fo

. >> you have done boeing 777. >> i did a boeing 777, yes. >> an o liner. >> an ocean liner, the biggest ship in the world. i couldn't believe i painted it, it was this big, a little bigger. i painted it. >> you've been the official artist for the olympics. >> five times at least. >> you painted for six presidents you have pointed for the world series, for the world cup, the super bowl, the u.s. open, n.a.s.c.a.r., the kentucky derby. that is to start. >> every time i did one of those i thought to myself maybe i should paint regular paintings. heing abouted me and begged me. >> here in the new york studio the 76-year-old doesn't stop working. with his art and the growing brand attached. >> you have people working for you. you are churning out art constantly. >> i paint every day. people assist me - mixing my paints, they get the cap vases stretched. they photograph them. i was set up for the printers, where we make posters of things. i'm in the arts, i love it. >> how do you see your place history? >> i don't look at it from that point of view very much. it's hard. hard to think about th

boeing was an american company. the ntsb had a lead role in that investigation when it came to the missingle malaysian flight. what role will the ntsb take on this one >> at this point it's wait and see. they will be monitoring it at this hour. but we know that the way this works based on international protocol is usually the ntsb waits to be invited. if they are, indeed, pulled into this investigation when it gets to that point we know traditionally what happens is they send a team within that team you have investigators who specialize in different areas. for example, one investigator may specialize in human factors so that person would be looking at possible pilot error. they will be looking at the crew. how much sleep did they get? what were they doing in the hours leading up to this flight. they will talk to their family members trying to get all the information they can about the individuals who were in charge or at the controls. and then also within the group you'll have an investigator with expertise in the m

if you think about it, the top gainer, if you see some of the names and i think united technology, boeing was another one, also down on the year, if you see them join the party, industrials could be the next leg. so with ge, very simply, i think you look out to the new year changing, you look out to first quarter -- q4 earnings report, on january 23rd and look at implied volatility, it is cheap in ge. and really, you know, the trade is very simple. i was looking at february when the stock was 26 today. you could buy the february 26 calls for 55 cents. 2.5% of the underlying stock price. you think about it that way, you have two months, a catalyst, you have the change of the new year this is a pretty simple strategy but i think it makes sense when you think about where i think the u.s. market could be going early in the new year. >> this is a short-term bet. usually it plays out over a longer period of time. >> he's looking at an option that is pretty inexpensive. make this bet without taking a lot of risk. the vix below 12, this is a situation where you think about maybe i'm going to do r

know airbus is a french company, different than the last situation where we saw the missing plane, a boeingcompany. so i imagine that the role of the ntsb would be different not necessarily taking the lead but the indonesians working with the ntsb to try to figure out what happened. >> right. that's correct. also the french's version of the ntsb as well most likely would be active in this investigation as well. but, you know like we say, the ntsb has looked at and recovered lots of black boxes so oftentimes they are invited in to share their expertise, to help out in situations like this. but you're right, the indonesians, again, as protocol is whoever's waters this went down in whoever the country that this aircraft belongs to they would lead the investigation. but, again, we're speculating here that most likely they may refer or consult with ntsb if they feel it's necessary. >> you will remember rene in the search for 370 there were questions about jurisdiction and what information would be released to the malaysians from boeing. now we're dealing, obviously, with another company. do you

but now boeing has donated it to the uso at sea tech.led for a haven of officers and their families seeking respite from travel. those like davy jones survived the war and kept on living. >> at 91 i ain't doing too bad. >> and they have come to take a last look. >> it is beautiful that we still have this and it is being taken care of. >> you may never see it in the fast-paced world of modern air travel. but for those who now serve. >> they will be the ones to walk the deck of this ship as their grandfathers did some seven decades ago. glenn farley, nbc news, seattle. >>> up next here tonight, the glenn farley, nbc news, seattle. >>> up next here tonight, the polar express takes f nobody told us to expect it... intercourse that's painful glenn farley, nbc news, seattle. >>> up next here tonight, the polar express takes f due to menopausal changes it's not likely to go away... ...on its own. so let's do something about it. premarin vaginal cream can help it provides estrogens to help rebuild vaginal tissue and make intercourse more comfort

again, the weakest link is boeing. at lea interestingly enough. the nasdaq giving up 73. >>> nation's biggest financial firms have been feeling the affects of the oil shock. goldman sachs downgraded today thanks largely to the oil slump and talking about the connection and what's at stake for the big banks throughout. >>> and then later, tyson food ceo speaking with us exclusively. we'll talk about what went on there. plus the situation in china. find out if that chicken producer still feeling the blow of a summer food safety scare that has yum brands kfc reeling. we're back in two. how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully b

boeing said in one case air deployable black box ejected over a downtown area. >> jeff glor, thank you very much. a new blast of arctic air has temperatures plummeting across a big portion of the country. it is 30 below zero in riverton, wyoming tonight, single digits across the upper midwest and a snowstorm in the southwest dusting las vegas and blanketing parts of california. here's carter evans. >> reporter: the snow fell so fast in southern california, more than 200 motorists became stranded on winding mountain roads overnight and had been to be rescued by snowcat. 25 miles off the coast on catalina island, high surf and fierce winds caused boats to break free from their moorings, killing two people, including a harbor patrol officer. 70-mile-per-hour wind gusts toppled trees. in the town of paradise, a driver died after a falling tree struck her car and a 29-year-old man was killed in his home. >> the tree struck directly on this building and struck the individual who was in bed. >> reporter: downed power lines in orange county trapped firefighters inside their own station. by mor

the ones lagging behind, if you look at one of them it is boeing. a little strength recently but down 6% year to date and has a 2.8% dividend yield. it may not be a technical dog but one investors are watching. exxon mobil we know what happened to oil. it is down 8%. it has a dividend yield near 3%. it would be a dog if it went to that level here. ge another one here. it would be a dog of the dow. and another couple ones here. chevron down 10%. another drag on the dow. it's got a 3.8% yield. the worst performing stock on the dow this year. ibm. we know what problems they have been having here. they are down about 14%. they have a 2.7% yield. not a technical dog of the dow. if you take a look at what is happening if you want to buy large stock value they have been beaten down the most. >> a bit surprising given what oil prices have done. you think it would be chevrons and exxons. not the case. >>> alliteration. back to you. >> see that? it looks like a shark. it swims like a shark and may change the way the u.s. navy operates. forget about training d

all 298 people on board that boeing 777 died. for this latest incident has a relatively spotless record. this would be their only fatal accident. >> the reality check is flying is still the safest form of transport, and that when you put the numbers up you say you got a choice between driving or flying. get in the plane. >> reporter: rene marsh, cnn, washington. >>> thanks for watching. now cnn special report "vanish "vanished -- the mystery of malaysia flight 370." >>> the following is a cnn special report. >>> it's one of the greatest mysteries of all time. >> nobody expects a 777 to vanish. it just doesn't happen. >> a state of the art aircraft with 239 people on board. disappears without a trace. >> all communications are suddenly disabled switched off. >> malaysian 370. >> how could it happen? >> you have a series of events that appear to be human driven. >>

. >> if you talk about what is happening with the pullback we pointed out this past week that boeing was the biggest point drag on the dow during that time. >> dominic chu, thank you very much. europe also rallying a bit today. the major averages up 2%. seema mody in her perch in london. >> a late day comeback in europe as the ruble came off the lows. european stocks staging that turn around. the fact that if you look at big winners they were in the oil space. there were losers. many companies that have high exposure to russia weighing oin the index and weighed on sentiment down beat data out of germany. one of russia's biggest trading partners. that initially sent -- the bund seen as a safe haven hit a record low today. the 600 index down about 5% since early december. some are still betting on eu stocks in 2015 thanks to weaker euro as well as further monetary easing and perhaps sovereign bond buying. morgan stanley projecting an 11% rise. >>> thank you very much. so what a volatile day for the russian currency. the ruble plunging 17% against the u.s. dollar a bit earlier but makin