this is the boeing 367-80. it is the prototype of the boeing 707. just an extraordinarily important airplane in the history of world commercial aviation. the british and the soviets actually introduced jetliners first. the british dehavolin comet introduced jet passenger service in the west. but the comets had a fatal flaw that led to crashes and considerable loss of life, and they had to be taken out of service for a while. boeing was waiting with the 707, which was actually a more economical airplane than the comet anyway. it was slightly wider. in fact, the operational 707s were a little wider than the dash 80 here. but this was the prototype. when boeing decided to build this airplane, they built it out of pocket. they didn't have any customers yet, so it was a company project, and very important to the future of the boeing company. first flight, 1954. and it was being introduced in the summer of 1955. boeing used to invite its airline customers to come to the hydroplane races every year on lake washington. the speedboat races. and that year, th

i'm greta lundberg, vice president for strategy and advocacy at the boeing company.o be here with you tonight to celebrate the boeing milestone of flight hall during our centennial year as well as this museum's 40th anniversary. and also my birthday. so it's a special night for me as well. [ applause ] >> thanks. as a mother of a 4-year-old, my daughter talks a lot about what she wants to be when she grows up. some weeks it's a firefighter. other weeks it's batman or wonder woman. but after countless visits to the air and space museum, all she talks about now is wanting to be an astronaut. while her career options may evolve, i know she'll never lose that fascination with space and science and innovation, and that's a testament to the stories and experiences this place unlocks for its millions of visitors each year. that's the reason that boeing has supported the national air and space museum for more than two decades. we agree with the museum that our goals should be inspiring the next generation of innovators and building on the progress of the last century. now th

i think boeing's position is pretty clear.he new deal that has been agreed to between the united states and their allies and iran, once that nuclear deal went into place, it would eventually open up that market for the united states for businesses and boeing, being the first one, is sort of that litmus test, if you will. keep in mind that the house of representatives passing the amendments that blocks a sale to iran, that's only one potential hurdle. you have to haefr from the senate and a number of other things have to happen in washington and there's a lot of posturing going on. i'm not sure how much more we'll hear from boeing here at the air show about that. >> thanks, phil. $25 billion deal. that's a huge deal. >> i know. >>> more from farn borrow to come this week. >>> that's it for today's show. thanks for watching to regular viewers and also to our viewers on facebook. >> keep your questions and comments coming through on facebook live or on twitter as usual. >> worldwide exchange coming up in a few moments. breaking o

that's boeing technology. there gentlemen, good to see you. >> how many people here would like to go into space? how many would like to go to the moon? okay. you're going to hear a lot about that tonight. first, let me start. can you hear me? okay. so let me ask each individual question first. michael collins, you were the first director of this museum. getting it off the ground and getting the money for it and so forth. was doing that harder than getting to the moon? >> i think it would have been except it was for barrie goldwater who wanted to get this museum underway and what he told me was if you ever here with kin, please mention them. so i'm delighted to mention that i'm here with my daughter kate from chicago who some of you soap opera fans is better known as natalie. and ann from boston now. ann, i don't know about space buff, i asked her, suppose she had been in neil armstrong's shoes, would she have said one small step for woman? she said. no. does this suit make me look fat? so maybe that's why she

that is boeing technology. [applause] thank you very much. gentleman. so how manyin: ok, , people would like to go to space? how many people would like to go to the moon? ok. you will hear a lot about that tonight. let me start. can you hear me? each ansk you individual question. michael collins, you were the first director of this museum. getting it off the ground and getting the money for it. was doing that harder than getting to the moon? i think it probably would have been if not for barry goldwater who was ready to get the museum underway. he told me if you are ever here, please mention them. i'm here with my daughter kate from chicago who is better known as natalie. and from boston ann. been in neil armstrong's shoes. and she said, one small step for women, she said no. she said does the suit made me , look fat? [laughter] maybe that's why she was not picked. mr. rubenstein: jeff, you have built one of the greatest technology companies in the world. you have taken a company that was nothing to amazon. to do than try and to get a space company off

sfwl bumpy year for boeing. the component reports its first loss if nearly sempb years. >>> what scotch distillers so they can once again toast to better sales. those stories and more tonight on nightly business report for . >> good ooempk. facebook reporting a blowout quarter. it's ad business crushed wall street predictions as its fast growing number of users post like and share content. the company earned 97 cents a share. estimates were for 82 cents. in more than $6.4 billion in revenue. that tops expectations and it is up more than 59% from a year ago. that sent shares soaring initially in after a hours trading and if the after hours gain holds, it puts facebook on track to become one of the most valuable u.s. companies, making it about the same size if not bigger, than exxon mobil. >> the key take away from facebook's earnings, the social network is growing across the board. the key metric showed facebook's gr in terms of revenue and earnings, as well as users. the company's average revenue per user grew t

i'm greta lundberg, vice president for strategy and advocacy at the boeing company.or to be here with you tonight to celebrate the boeing milestone of flight hall during our centennial year as well as this museum's 40th anniversary. and also my birthday. so it's a special night for me as well. [ applause ] >> thanks. as a mother of a 4-year-old, my daughter talks a lot about what she wants to be when she grows up. some weeks it's a firefighter. other weeks it's batman or wonder woman. but after countless visits to the air and space museum, all she talks about now is wanting to be an astronaut. while her career options may evolve, i know she'll never lose that fascination with space and science and innovation, and that's a testament to the stories and experiences this place unlocks for its millions of visitors each year. that's the reason that boeing has supported the national air and space museum for more than two decades. we agree with the museum that our goals should be inspiring the next generation of innovators and building on the progress of the last century. no

you have mark carney with the boe later.have our prime minister talking at farnborough, where there are a lot of exporters. our next guest will be meeting .im today, he is the boeing ceo guy johnson is on the ground. guy. guy: the prime minister is running a little bit late. i need to apologize for our next .uest -- to our next guest what do you want to hear from the prime minister? do you want reassurance, do you want to get an idea of what happens next? dennis: we are looking forward to talking about our partnership in the u.k. we are anticipating an purchaseent around the of nine surveillance aircraft and we are going to continue to talk about ramping up our supply chain and presence in the u.k.. guy: has brexit affected that? dennis: not really. we don't see brexit affecting our long-term plans. we have been in the u.k. 75 years. we don't see our plans changing. the pound continues to fall. is there a competitive currency story we need to talk about? dennis: to a degree. affectingee currency us a lot. local currency fluc

that is boeing technology. [applause] thank you very much. >> how many people here would like to go into space? how many people would like to go to the moon? you will hear a lot about that tonight. first, let me ask you each an individual question first. michael collins, you were the first director of this museum. getting it off the ground and the money, was doing that harder than getting to the moon? [laughter] >> i think it would have been if they were not for barry goldwater wanted badly to get this museum underway. what he told me was if you are ever here with a kin, please mention that. i would be delighted to mention i'm here with my daughter kate from chicago and from boston. i asked her, suppose she had been in neil armstrong's shoes, which he have said one small step for woman. she would have said, no, does this suit make me look fat? [laughter] maybe that is why she was not picked. >> jeff, you build one of the greatest technology companies in the world. in twentysomething years you've taken a company

guy: are you talking to boeing? mr. baker: yes, we are talking to boeing very seriously.that we will be able to get the light at the end of the the 320 isar as concerned. it exercise plan b. guy: plan b is boeing. what about the 350? mr. baker: we have a second one that will be delivered to us this month, and we hope that the remaining nine aircraft will be delivered to us before the end of the year. guy: when you wake up in the morning, how frustrated you feel? you talk about him being your friend, when you have a conversation with john lecky, what do you say? i alwaysmr. baker: deal with the top people. for dealing with us, i take that as the top people. qatar airways joining us. mark: thanks for joining us, guy johnson a bloomberg television at the farmer he international with akbar- air show al baker. let's work on, another while day for u.k. politics. theresa may is on course to succeed david cameron's prime minister after her only opponent in the tory leadership race dropped out. we are expecting to hear from prime mr. david cameron shortly. tro's litchfield from th

thank you boeing for making this possible. thank you for coming out and supporting all of our programs. we really appreciate it. it would not be possible but without your support, it would also not worth doing. thank you very much and please exit by the rear of the theater and have a great evening. [applause] collects you're watching american history tv. follow us on twitter. monday on the communicators, the senior vice president at verizon and the new head of public policy in washington. on the key issues and telecommunications. >> there are some characteristics of the spectrum that makes it complicated in that environment. there are some issues with that. complex engineering developments. there is a way to kind of a just right that. watch the communicators monday night on c-span2. >> the primary season is over his conventions follow. watch c-span at the delegates consider the nomination of the first woman ever to head a major political party. and the first non-politician and several decades. watch live on c-span. get video o

much at thevery front for boeing and politics as well.g to stretch the triple seven aircraft? what will happen in terms of the narrow bodies? will they build a replacement for the 757? front and center every time, that is dominating the story. also what is happening with central banks and the oil prices. back to you. francine: thank you. looking forward to the interview. guy johnson there at the air show. surveillance is up next. tom keene will join me. we will talk about banks, consolidation, janet yellen, stephanie flanders will be here. we will also be talking brexit. ♪ francine: the market bounces. markets rally after u.s. data brightens the outlook. heading to wall street in a bid to boost confidence in the u.k. can osborne and carney sues the markets -- sooth the markets? burning with the ceo of -- boeing at the farnborough airshow. we have a busy

that is a boeing plane. this is a tweet from may of this year, where the boeing tweeted out this. these airplanes don't retire, they're getting another 20 ears of life, see how, #traitors. that's exactly it. boeing in a moment of candor overdisclosed one of the interesting things and the really attractive things, mr. chairman, about their products. why? their products can be used as freighters. their products can be used to transfer things on behalf of the iranian revolutionary guard corps, who everybody acknowledges has been complicit in terror. this amendment is very simple. it does -- and the very clear. it says that the treasury department cannot use money that's appropriated to license this deal. i urge its passage and i reserve the balance of my time. the chair: the gentleman reserves the balance of his time. any member seeking time in opposition? mr. serrano: i do. the chair: the gentleman from new york is recognized for five minutes in opposition. mr. serrano: if you listen to the last comment by the gentleman, who i have a lot of respect for, this is not about this partic

we'll keep an eye on boeing shares. in philadelphia, donald trump was pack on the campaign trail in charlotte. joining us with more on the battle for the white house, republican congressman chris collins who cochairs house leadership committee. i heard there were some -- rocking the house at the vfw, number one, congressman. and he may not be at the convention, but he knows what's going on there. there's a lot of tweets coming out from the donald on a -- you know, almost about every half hour there's a pretty rich one. do you follow him on twitter? >> i let my campaign do that. but, you know, it's been interesting to watch the differences between what we're seeing in philadelphia versus cleveland. how united the republicans were and how fractured the democrats were. the walkout by bernie supporters yesterday. a contrast to what the pundits said was going to happen. it's been the reverse. the unity within the republican party, in fact ted cruz not endorsing donald trump actually embarrassed his supporters to the point th

i would to think boeing for their steadfast support. we look for to celebrating the company's centennial anniversary along with our 40th anniversary along with our countries to 40 anniversary on the first of july or we will have an all nighter and you are all invited. my disapproved that the first time, they came back and said you are not the target audience. [laughter] i will get it started and i hope you have a great time. it is a great pleasure to introduce the chairman, president and chief executive officer of the boeing company mr. dennis mullinberg. dennis. [applause] and it is aing pleasure to be here with all of you. jack, thank you for that kind introduction and the kind words about the boeing company. we are honored to support and partner with you international airspace museum. your leadership and your service to our country. let's give jack able to serve applause. [applause] as general daily says, this is an exciting year for us. the 40 anniversary of the national air and space museum. boeing will celebrate its centennial. we

i mentioned earlier we have got a boeing f-4 b-4 that my father flew in 1934.exact airplane, that we have on display. that's clearly my favorite. >> i'm going to have you look up there and just tell me what that is. >> that's a v-1 buzz bomb. the one that used to -- was used to bomb london and other places. and then of course the b-2 is right next to it. so we are showing the evolution of rocket powered devices. and that was a pulse jet they called it. that's why they called it a buzz bochlt because it was buzzing on and off, on, off. they weren't very accurate. so the way they controlled where they landed is how much fuel they put in them. so they went over, ran out of gas, then dropped wherever they happened to be. >> state-of-the-art in the 1940s. >> not only that. if you look at the development of american rocket engines they didn't daviate very much from this in our very beginnings. >> you had how many missions in vietnam over the years? >> 450. >> and what do you remember? >> remember? the -- well, you know, i have a professional marine. and when vietnam

can boeing and airbus shift their business plans and fend off a potential nt again. it was a '90s game. now, it's one of the hottest but can pokemon go usher in the big turn around? all that and more tonight for monday, ju 11th. >> good evening. i'm sharon. bull is is live and kicking. the s&p 500 closed at new high today, something it hadn't done in more than a year investors still giddy after the june jobs report that put a lid on fears that the u.s. economy is slowing down. some say investors want to buy u.s. equities simply because so mu global urn certainty and few investing alternatives out there and today, buy, they dow j industrie cl ld 80 points to 18,226. the s&p 500 seven to that record close and the nasdaq which had crossed the 5,000 mark earlier in the settled a smidge below. >> earnings season is underway. alcoa topped expectations after profit from its caan weaker results in its other units due to declines in metals prices t. company that will be spl two this year earned 15 cents a share. revenues were slightly better than estimates, though 10% employe

boeing and airbus getting a boost of another company.off the action at the air show on monday with a deal for 30 boeing 737's. go airline india is looking to buy 78 at $7.5 billion. as you can see, aircraft leasings has been growing in popularity. increased competition and now brexit perhaps clouding the outlook. let's bring in our next guest. flattery. ceo donnell welcome to our studios today. if we take a look at it, it seems the appetite is robust. we know it is slowing down. guest: people coming into the show this year, it is interesting to hear an order coming from tony this morning. it is not surprising. airasia is growing really well. they had a difficult number of years, but their joint venture strategies and different countries is paying off. the world of aviation, you have parts of the world doing really well and's parts of the world that are plateauing. angie: ryan air is saying we don't know what the plan will be after brexit. domhnal: i have known michael for 25 years. he runs the most successful airline in the world. more c

the boe has released what they discussed back in march before brexit and we know the boe was discussingisk of freeing u.k. banks to lend more and that backfired because it may prompt investigators to award the fed. tom: this is like humphrey hawkins. does the staff rate the questions for the parliamentarians? do you feel like they are talking greek to governor carney? francine: i do not know who writes the questions. i think my favorite one, if you cover like we do markets same day, some of the questions were frankly bizarre. there was one parliamentarian the four brexit accusing mark carney of being biased against rex it because he was still working for goldman sachs. because he wasit still working for goldman sachs. let's have a listen to what mark carney is saying at this testimony. is carney: the committee presented with a series of analysis and it has robust discussions about where we see the risk, and what we should do to respond to that, whether we catalyze it directly in terms of actions of the fpc, other parts of the bank of england, or other bodies. , andis the way it worked s

we will have to exercise plan b. >> plan b is boeing? akbar: yes. >> what about the 350?ere expecting one? akbar: we have a second one that will be delivered to us this month and we hope the remaining nine aircrafts will be delivered before the end of the year. angie: that was qatar airways ceo akbar al baker. yousef: let's talk more about the prospects for qatar airways. here's our middle east airwave reporter. profits quadrupled last fiscal year. what are the reasons behind that would be classified as most observers as a good year? dena: it has been massively exciting. this is the first time they have actually shared their financial report. they say it is the best year ever on record since the airline started. net profit has quadrupled and this is due to the drop in fuel prices which has translated into a drop in their fuel bills by about 3%. 13 -- theydded about have expanded their network, their fleet of wide-bodied jets, including with the airbus a-350 for which they are the first customer and now flies to the u.s., europe and asia. yousef: they look into the next ye

what does the boe do?ck: the playbook now is lower interest rates, quantitative easing, but they are less and less effective. it has worked to some extent but i think the market is saying they are less effective but those are the two levers likely they will be pulling on. francine: patrick armstrong, thank you for joining us. up next we bring you a bloomberg first interview with the airbus ceo. this is bloomberg. ♪ the --e: it is day to of day two of the farber care show and guy johnson was on the ground in france earlier, speaking with the breach a the ceo -- fed breach a -- the ceo of airbus. fabrice: uncertainty is not good so the fact that there is now a new prime minister i think is good news for everybody. regarding airbus, we are committed to the country. we are of course very disappointed but we do not expect that it will affect our relationship year as we have more than 15,000 employees. david cameron yesterday confirmed that the u.k. will andin business friendly will support aerospace. guy: let's

and boeing. s&p 500 up.record territory and need to close about 2130.82 for a new record close. some of the groups are the cyclical groups. technology, energy, industrials even though energy and oil prices flip back into negative territory. adjusting that better u.s. jobs report. a 4% rally in japan's stock market overnight and looking ahead attorneyings. alcoa after the bell. kicking off and bringing in multibillion dollar orders. we'll take you live next. in alt. yet alternatives can tap opportunities that traditional assets can't. and even though they're lled alternatives, they're actually designed to help meet very traditional goals. that's why invesco believes people shou look past conventional models and make altertives a core part of their portfolios. translation? goodbye 60/40, hello 50/30/20. ♪ in new york state, goodbye 60/40, hello 50/30/20. we believe tomorrow starts today. all across the state, e economy is growing, with creative new business incentives, the lowest taxes in decades, and new infr

boeing has an unbelievable cash flow. look, you look at american air and delta and the stocks, remember american air was deferring order. american air kind of footballing the price. i think they were trying to get a better price in planes. air space demand, remember it is still expected to grow double digits next year. boeing makes me feel more confident about that. the stock is not expensive. generating a lot of cash. good quarter. >> both these stocks coke and boeing have similar dividend yields. on the miss environment you have to believe that helps. 3.2%. >> i'm not going to panic coke because you get that -- people will say it's a bomb with potential upside. boeing, look aerospace we saw it yesterday, they said aerospace was terrific and greg gas, is a tough guy. >> straightforward guy. >> a sense this industry is not going away and a lot of this is going to see tremendous orders from overseas. boeing, look, you have to buy the planes in dollars. this is not a strong dollar. you have to buy the planes in dollars. one

angie: guy, i see that boeing plane right behind you, as this battle between boeing and airb continuess the latest there? guy: this airshow will be dominated by that battle. the order flow is drying up. the big question for most people is whether or not actually, aircraft sales are now declining. we have low fuel prices, as a result of which, an aircraft can a run for a bit longer at $50 a barrel. so, you got that factor on one hand. but on the other hand, the fed is keeping rates incredibly low. the financing of the aircrafts then, remains very cheap. we will talk to the ceo of boeing, the conversation coming up at 10:20 london time. wesef: guy, one more theme should watch out for this year? the defensek we d story will be interesting. we will have the defense secretary and the prime minister here later on. we have just had the nato summit in or saw. summit the nato in warsaw. we also have what is happening in the south china sea as well. yousef: thanks, guy. that is that for this edition of "bloomberg markets: middle east. e >> tracking gains in u.s. shares after a strong jobs report

the boeing 707 jet clipper first to go aboard. cargo shipments will reach in 6 1/2 hours.ter posted after the close of business may arrive in new york the same night and be waiting for the addressee at his breakfast table or office the next morning. since some arrangements more than 150 passengers can be accommodated. there is an entrance at the back and the front while plane servicing facilities are on the far side. one indication of the staggering impact of jet travel, everyone of the airlines dozens of jet planes can carry as many people in a year's time as biggest ocean liner. last item aboard, the person's briefcase containing log, manifest and other necessary documents. for the crew ready to taxi to the run way, fewer instruments than on propeller driven craft, instruments easier to handle and maintain. the magnificent new jet with wing spread different than distance of the first flight. >> takeoff without need for engine warmup, without side noise reduced to that of propeller driven planes. capable of traveling 575 miles per hour or more, much higher and faster than

passenger service began in the late 1950s in the united states and pan american airlines started with the boeing 707 in october of 1958. pan-am's 12 minute film promotes the concept of trans atlantic jet passenger service by documenting a flight from new york to london. >> sky over the atlantic, the vast endlessly for columbus when he sailed from europe to america a few hundred years ago in over two long months. the same air ocean over the atlantic did not seem as endless to lind berg when he flew from new york to paris some 30 years ago but still it took 33 lonely hours. ♪ today that same atlantic air ocean leaving columbus two months and lindberg's 33 hours in its wake, zooms by in a dramatic breakthrough. ♪ the year 1954, marked a historic event in the history of aviation. a new flight was inaugurated. it was called flight 1000. ♪ there was nothing unusual about the airport operations before flight 1000's takeoff it was duly announced and passengers checked in. flight 1000's destination, london. luggage was prepared for loading and all other routine pre-flight activities were taking place. 10

i am joined by dennis muhlenberg the chairman and ceo of boeing.uld explain to people, we're not usually on the tarmac but we're in front of the poseidon. explain why we're here with david cameron coming in a few minutes. >> we're excited by today's news that the uk will be buying nine. providing new product to the armed forces here and ramping up our supply chain. >> reporter: no better time than this to talk about the impact of brexit. is it too early for you to have a true sense of what the impact will be for boeing and for other companies over the next couple of years? >> it really is too early. we don't see a significant impact right now. we have longer term perspective in our business. we've doubled our presence here in the uk over the last five years. we're going to continue to invest here. we don't really see our plans changing. >> reporter: in regard to this show, it's a little different than past years. the huge orders that we've seen over the last five or six years, we're not expecting that to the degree this year. the focus is on the ba

randy: it could be the end of an era for boeing. erika: why the company may stop production of a popular model. a big catch on the new jersey coast. the teenager with one big fish erika: it's been two years since a tornado tore through revere, leaving behind this mess. the tornado was only on the ground for about four minutes caused tremendous damage to dozens of homes. despite that, the city did not qualify for federal disaster aid. cindy: four minutes, two miles, all that destruction. i think we all remember that. we will be quiet today, but it willet officially the heat wave is over -- you can see the high estimate at 87 degrees stop it stands at six ways in terms of the heatwave, the 10th longest stretch on record in boston. we start over with the 90 degree temperature here. 72 and worcester and as you go to the north we have mid 60's in and we are seeing the humidity pickup up with dewpoint temperatures running in the low-to-mid 60's, and the wind will turn more south southwest and you can kind of see how busy it is from new yo

the plan boeing has in place for the next two decades. >>> good morning. we have a big crash on 880 northbound that is blocking part of the freeway and is causing a mess already. we will tell you more about that, coming up >>> more low clouds and fog near the coast and the bay. get ready for another round of triple digit heat inland. we do have some relief coming. >>> experts say the number of jobs in the aviation industry will soar in the next 20 years. commercial airplane maker, boeing, said there will be a need to build almost 40,000 new airliners. that is an 11% increase since last year's forecast. the number of open positions are practically endless. boeing said globally airlines will need 617,000 new pilots, x hundred 79,000 technicians and mechanics, and 814 and 814,000 flight attendants. >> it is much easier to get a career path of being a pilot right now. than it was in years past when you had military pilots and those more senior pilots that are now retiring right now. >>> we talked about the shortage for qualified pilots. people can move from a

boe tot guest urged the leave study. the chief economist from deutsche bank joins us now. 56% of you friends said the boe would cut today. why did you want the boe to wait? guest: they did not have the data. the data we are seeing at the moment is three brexit. we have had a retail survey there and it has shown some weakening post brexit that it is not enough to condition a decision to buy corporate lawns or whatever it was that we might still do at the august meeting. we need to wait until this dig amount of data comes out. mark: it said that he was a man before he wasct head of the canadian central bank which led many to believe he would do the same and be preemptive. fowler --ny blanche danny blanchflower earlier. what's the risk to being preemptive? think it would have done any serious damage, but the next meeting is the fourth of august and that's when they evaluate the forecast for growth and inflation. they can think about what to do against that backdrop which makes more sense. it's only three weeks and there's p

anna edwards is at the boe.fference between what the economists think and what the markets think, isn't th ere anna: absolutely. the markets seem fairly convinced we will get a cut from the bank of england. that is priced in to the extent of 81%. the only 51% of the economists surveyed expect they cut. the interest rate decision is due at noon today. it will be the first cut we have seen from the bank of england since 2009. will they decide to go today, or on august 4? that is one of the biggest questions. and they will have a little bit more data to play with because right now, we do not have much. the data right now is incredibly limited. we have seen some market impact, some of that more short-lived than other. iesr has seen contraction across the board. the most in 21 years. at fourloade lloyds bank and a half year lows. we have all of these clues, but we do not really know the extent of it. the bank of england perhaps, the have the data to move on just yet. and amongst all of this, things are changing. we h

the boeing deal would be the biggest business transaction between the u.s.n since the 1979 revolution. the obama administration said it legislationny that will undermine the nuclear agreement with iran. -- a $1.2nt to billion deal for a long. the right hit -- the right hailing app has raised deal on credit. time now for our bloomberg quick take where we divide context and background on issues of interest. is a cold war between russia and the united states back? henry kissinger says it's possible. the russian prime minister says it is happening. in the ukraine, russian troops have been fighting with an army of pro-russian separatists since 2014. u.s. congress voted to supply more weapons to the ukraine army, but a cease-fire is in place. in syria, russia's air campaign has been conducted in close proximity to where u.s. aircraft is doing its own bombing against the islamic state. they are hoping to defend themselves against russian airstrikes. that would've put u.s. and position to kill russian soldiers just as american arms did in afghanistan in the 1980's a

su: we had boeing and starbucks, negative surprises. boeing is interesting.fter hoursrise that pushed the stock down as much as 2%, it has come off that low now, is it was recording a $2.1 million earnings after-tax accounting laws. and earnings charge for second quarter. this as it absorbs losses from delayed jetliners. the dreamliner was two years late. investors say it is a reminder of costly delays inherent in this business. the stocks rebounding could have something to do with boeing guidance for 2016 both revenue and cash was reaffirmed. a bit of a surprise in the charge, that we will see how it follows through. yvonne: thank you so much. joining us live from new york. let's go to first word news. it is not yet clear how the uk's decision to leave the eu will affect the eurozone economy. they left policies unchanged at thursday's meeting, and there is little economic data due before the next gathering on september 8. mario draghi says the central bank is ready to act. >> if oriented to achieve its objective, the governing council will act by using all i

>> so, kevin was asking about the b-36 bomber and boeing b-47, two important cold war bombers. we don't have examples of those in the collection. the air force does as well as other air force museums do. we due to size constraints and the fact they are covered in other national museums where it's an important air force story, we don't have plans to do anything with those aircraft. but you never know. we may be offered one that he we can't pass up. but at this time we haven't collected one for our collection. >> we have a caller from michigan. mike. mike, go ahead in michigan. we'll try one more time for mike in michigan, if you're there. how many people work with you as curator? >> well, it's a team here in terms of we have curators and we have about a half dozen curators in both of our aeronautics and space history and conservation and collections processing and preservation and restoration. we have a registrar and we have educators and designers. it's a pretty large team. we have 150 employees total on the staff. and they also interact in some way. one thing that we've really

air force one is a very old boeing 747. it sucks up a lot of gas. a lot of fuel. boy the fuel bill.urn on that engine it's a lot of money. i said let me ask you a question, why is she campaigning with the plane of the united states? why is she campaigning and why is he allowed to come down, get on on that very, very expensive plane, he talks about the carbon footprint, okay. he wants to solve the carbon footprint but he gets on an old boeing 747 that is spewing stuff into the air. he gets her on the plane. [inaudible] >> as you can see we are having some technical problems with this event. we will try to fix it and resume our live coverage soon. we will move on an earlier this afternoon james comey said he will not recommend criminal charges against hillary clinton regarding her handling of private e-mail on a personal e-mail server. he announced the completion of the investigation and said secretary clinton and her colleagues were extremely careless in their handling of classified information. here's more now. >> good morning. i'm here to give you an update on the fbi investigation

guy: are you talking about -- talking to boeing? mr. baker: we talking to boeing very seriously.ble to get the light at the end of the the 320 isar as concerned, before the end of the year. only will have to exercise plan b. guy: plan b is boeing. mr. baker: yes. guy: what about the 350? mr. baker: we've a second one it will be delivered this month, and we hope the remaining nine aircraft will be delivered before the end of the year. was akbar al baker. time now for the bloomberg business flash, a look at the biggest business stories in the news right now. cyber security company logarithm has hired morgan stanley and jpmorgan to help prepare its initial public offering. this is according to people with knowledge of the matter. the company's investors include siemens, active venture partners and piper jaffray. and i feel could happen as soon as next year. your suburban adjusted officials reportedly ignored recommendations from prosecutors to pursue criminal charges against hsbc over money laundering. this is according to the "wall street journal," which cited a report that alleged

airplane maker boeing suggests that it may end production of the 747. the company has been building the jumbo jetliners for more than 50 years. boeing is already planning to reduce production of the planes to just six per year after reporting weaker sales this week. the next president gets a 747. maria: chipotle is getting into the burger business. made. the first location will open in ohio. chipotle has struggled to recover from an e. coli and norovirus outbreak last year. its profits plunged 82% last quarter as the company resorted to pricey promotions aimed at luring customers back. ben: nobody one last time. the jackpot prize. if you're wondering your odds of winning are about one in 292 million. maria: jc just said she is going to buy for everybody. this afternoon she is celebrating her 107th birthday. get ready to meet una and hear her secrets to longevity. that's next on newscenter 5 at >> don't act silly. that takes care of everything. maria: behave yourself. ben: that is what she said. she celebrated her 107th birthday. una bonkrude was born in

>> so kevin was asking about the b -- the consolidated b 36 bomber and the boeing b 47 which are two very important cold war bombers. we don't have examples of those in the collection. the national museum of the air force does, as well as some other air force museums do. we due to size constraints and the fact that they're covered in other museums, we don't have any plans to do anything with those aircraft, but you never know. but at this time we haven't collected one for our collection. >> we have a caller from michigan. mike, go ahead, please. mike, go ahead, in michigan. we'll try one more time for mike in michigan if you're there. how many people work with you as a curator? >> it's a team. we have curators, we have a dozen in the aeronautics and space history division. we have an entire team of collections and preservation and restoration. about 150 employees i think total on the staff and they all interact in some way. one thing that we've really expanded is this idea of outreach. we've been doing our s.t.e.m. 30 programs, a lot of ways to reach outside the museum to connect wit

we have an airplane down in the gallery called the boeing f-4 b-4. and my father flew that exact airplane the year i was born so it has special meaning to me. >> we are inside the national air and space museum. we'll get to your phone calls. peter is joining us from california. peter, good evening. peter, are you there? we can't hear the call from peter. >> caller: hello? >> go ahead, peter we can hear you. >> caller: i wanted to know if the museum would introduce any articles from the nuclear rocket propulsion type thing in the 1960s and if you have anything from some of the other programs. >> i think he's on a cell phone so we heard part of it. i think he was talking about nuclear weapons propulsions from the 1960s. >> yes, we do have launch vehicles. both the russian and the u.s. in the milestones of flight gallery. they're part of the original collection and we were provided by those during the period where we were securing those launch vehicles, both russia and here. >> we have another call from steve in new york. steve, go ahead, please. >> cal

boeing and airbus may be set to win multibillion-dollar deals.for the u.k. airshow are hoping for orders from europe to india as they look to ease concerns about the slowdown. the industry is expecting fewer orders? rosalind: especially of wide-body planes. analysts will be looking at the airshow because this is a big one for the industry to see whether their concerns are played out. sevens, a3, triple 80's, those large orders art scene is slowing down. long-haulasically airfares under pressure. hurtingns it is profitability, so airlines not buying so many of those. irrill lynch says it sees quite air sure and more orders being deferred in the next six months. economic uncertainty globally does not help airline industry either. therefore, buying planes may play into that. and has been well doing well so far are the 737, a-320,es, boeing with orders of $3.5 billion at list prices from airlines. airbus talking to india's go airlines about 70 a-320 planes were the $7.5 billion at list prices. again, list prices are basically rack rates. get some big

the boe has been handling that really well.alk about no growth, but there is evidence of rising prices and some evidence that high prices is coming. isthe u.s., the atlanta fed now tracking 2.7%, really solid manufacturing. is it possible that people are being too blasÉ about the idea that the data might justify hikes in the medium-term? i think so. i think the fed really pivoted off of one data point, the may implement report. we will get another employment report for june on july 8. data is still pointing close to full employment. with it would come all the things it you just said. continued wage gains. it would support rate hikes this year. goodet: he brings up a point about inflation. the u.k. is going to see inflation with the pound we getting so much the last couple of days. that being the case, is there distinct and to be made between good inflation versus bad inflation? kind of inflation that's wrought on by imported inflation? joe: the bank of england is going to ignore the rise of inflation, and choose to support grow

i agree, if boeing can't do it, nobody should be able to do it. it's well-known that all of boeing's competitors, that is airbus from france, bombardier of can if a da, n.b. air from brazil, each of these companies have sources of at least 10% of their components to the united states and they require the same license that boeing does. that's not the point. what we need are companies, iconic american companies, following the lead of companies like lockheed martin that said they won't pursue this. northup grumman, and others that haven't sullied their reputation. i yield back. the speaker pro tempore: the gentleman's time has expired. the chair recognizes the gentleman from tennessee, mr. duncan, for five minutes. mr. duncan: unanimous consent to address the house. revise and extend. the speaker pro tempore: without objection. mr. duncan: tomorrow might in my hometown of knoxville, tennessee, the 24,000 seat thompson bowling arena will be filled with people to celebrate the life of coach pat head summit. coach summit was buried last week in the litt

at its european premiere, boeing promoted themselves with fuel efficiency. >> emissions and being green are really focused on everything we have done here. >> and that is the latest from the islamist desk. -- business desk. brent: tour de france, offered mostly flat terrain and some super sprinters took advantage of that. reporter: chris fromm showed his prowess once again. here in the green jersey, soon caught up with him. his strategy to increase his lead was going according to plan. he even went for the win in the final sprint, but did not stand a chance. he notched up his second stage victory of this tour. >> you cannot plan that, it just happens. think you very much. reporter: chris froome can be happened -- happy. he is ahead of adam yates. the toughest opponent on stage was a dangerous cross winds, which cause a number of crashes. on thursday, the riders will climb the giant of provence. but stronger winds there have caused it to be shortened by six kilometers. brent: after a short break i will be back to take you through the day, in-depth on the new prime minister in the u.k.. s

now, boeing, they ordered 300 jets, and they made boeing build massive plants. watch what happens in seattle and watch what happens in a number of years when those plants are built. watch what happens in south carolina, where i love those people in south carolina. they gave me the biggest victory. remember i was supposed to lose. i was supposed to lose. highly e vn jevangelicaevangeli evangelicals love me. highly military. south carolina, big military. colorado, big military. big military. big. and i went in and you watch what they do. south carolina built big boeing plants. they have a big, big plant. beautiful. i love seeing it. i love seeing this stuff. they actually move part of their operation from seattle. big plants. so they think it's good. great people, great labor force. but china is forcing them to build plants in china. when china devalues its currency and when boeing, in a number of years -- and remember i said it. but oh, if i'm president, it won't happen. if i'm president, boeing will be very happy, believe me. because it won't -- they may be unha