to heat up as some major american pharma giants are headed into promising late stage trials plus boeing is back in the spotlight as it looks to rebranded following at 737 max saga but will the make over help it take to the skies and the later news outlets are taking the fight to apple over fees in the app store look at the long term impact of the decision mean moving forward with a packed show today so let's dive right in. and we leave the program with the latest in the race for a coke at 19 vaccine american drug maker pfizer and german biotech firm bio intact said the vaccine they are developing is on course to face regulatory approval as early as october advanced trials of their latest vaccine known as b. to have shown the drug was well tolerated among participants across the age spectrum resulting in a moderate fever in fewer than 20 percent of participants the company said in a statement although they added they will continue to analyze data from the trials last month the 2 companies made a $2000000000.00 deal to supply $100000000.00 doses of the vaccine to the united states meanwhi

didn't identify the planes at 737 maxes instead they were identified as 737 dash ace boeing is still awaiting government approval for the plane to return to service after the max was grounded in march of 2900 following 2 crashes that took the lives of 346 passengers so let's dig into some details here with n.t.s.b. official jamie fanchon jamie thank you so much for being here today. now jamie i. to start 1st with this purchase of the macs this being the 1st purchase of the year for the macs that is airlines have canceled more than $400.00 orders for the max as it still hasn't been cleared to return to service what is the takeaway for men are actually making these purchases well we can see that there's starting to be some come come come for that the airlines are feeling of as far as the market itself as the far as the travel in aviation industry itself we're also seeing that there is there may be some confidence that is being built up by some of the at least international carriers and the boeing aircraft itself and the boeing $737.00 max so it's going to be interesting to see how this

didn't identify the planes at 737 maxes instead they were identified as 737 dash ace boeing is still awaiting government approval for the plane to return to service after the max was grounded in march of 2900 following 2 crashes that took the lives of 346 passengers so let's dig into some details here with n.t.s.b. official jamie fanchon jamie thank you so much for being here today. now jamie i. to start 1st with this purchase of the macs this being the 1st purchase of the year for the macs that is airlines have canceled more than $400.00 orders for the max as it still hasn't been cleared to return to service what is the takeaway for men are actually making these purchases well we can see that there's starting to be some come come come for that the airlines are feeling of as far as the market itself as the far as the travel in aviation industry itself we're also seeing that there's there may be some confidence that is being built up by some of the at least international carriers in the boeing aircraft itself and the boeing $737.00 max so it's going to be interesting to see how this p

. >> garrett: boeing rolled out its first 747 at its everett washington plant in 1968. the jumbo jet as it became known quickly revolutionized air travel for the world. but last week we learned its days are numbered. and here is kris van cleave. >> july has been a tough month for fans of the 747. the economic falcovis mae thhe n landing a kwan tas 74747 just days earl british airlines ground its entire 747 fleet and wednesday boeing announced it will fill the final order for the iconic jet dubbed the queen of the skies in 2022. >> there is a bit of me on every one of those airplanes, so it is kind of an odd feeling to see that phasing out. kind of traumatic in a which. >> we talked to boeing employee paul chamberlin in 2017 for cbs sunday morning. he had worked on the 747 line for 27 years. >> every time it takes off i get goosebumps, to think that something this big, something this awesome just lifted off >> in 1966 pannal asked boeing for the biggest airliner ever, starting from scratch and nearly banrupting the company, boeing pumped back double decker jumbo jet made

pan am asked boeing starting from scratch and nearly bankrupting the company, boeing hump-backed double decker jumbo jet made its first flight three years later. >> your airline wasn't an airliner unless you had a 747. >> boeing historian, because of the size, because of the economy, because of its reign, it made flying affordable. >> the 747s four engines carried the space shuttle across the country and five u.s. presidents around the world. >> good morning. >> we were there in november 2017 when united's final 747 left san francisco for honolulu, retracing its original route 47 years earlier. thomas lee was there at the beginning. >> why was it so important for you to be here today for this flight? >> well, having been on the first flight of the 747, naturally it is wonderful opportunity to be on the last flight. >> while its passenger days are dwindling, 747s will fly for years to come as freighters and as the new air force one. five decades later, the final chapter in this queen's reign. kris van cleave, cbs news, washington. >> garrett: when we return, in rome a reimagined rigolett

what have you got on the boe here? annmarie: as expected, they maintain their benchmark interest rate at .1%. this is what we were expecting. they are keeping their total bond purchases. the target is unchanged at 745 billion pounds. of course, this is what we were expecting. now, we have the august minutes coming in. keepinged in favor of the kiwi stock at 745 billion pounds. this has all been expected. what we want to know is what are they saying about a recovery? so far, the recovery is looking like a v. is that still the case? they are talking about on employment. unemployment is expected to rise materially. right now, we have a lot of government intervention on unemployment. that is really the worry there. right now, what we are seeing across the markets is the british pound firmer. 131.50. reaction.r with the what are you seeing? >> take clear reaction. if you look at this mine straight up, this is all in reaction to the boe announcement. really, the key is that the vote of 9-0 to keep them where they are shows t

it's an era when big companies like space 6 and boeing will send rocket ships into outer space along with private crews and spice tourists. preponderance of physical separation for 35 pm pacific the hope and with competition and cost savings will drive innovation space to and help humans go further better soon. let's go now to keith cowing in washington he's the editor of the space news web site nasa watch dot com thanks for joining us so this is being called as we saw a new air and space flight why was this misson mission so significant. well it's interesting because the idea of putting humans in a capsule and launching him into space is that having them splash down into water isn't necessarily new sifton as was mentioned in your piece we haven't done it here in the states in 45 years we've ridden on crews flying on soviet space russian spacecraft and before that soviet space and they lean only and so we haven't had a chance to do this in a long time but death sustained year and more important things that this spacecraft wasn't a government spacecraft it was bought by the government

. >>> plus, are boeing shares expected to go up?roblem to deal with outside of the pandemic? stock futures up 251 on the dow. could we hit a new record high for the s&p 500 today? we're getting close. we're ba rhtft ts.ckig aerhi >>> breaking news. russia claims it has a working coronavirus vaccine and futures are up 250 there is no published data former fda commissioner dr. scott gottleib says the news might be described to make the u.s. move faster than it should on its own. >>> meantime, congress with a stalemate on the next virus relief bill but the president may have moved on already. taking executive action himself. he says he is now looking at new tax cuts that's also helping the markets. >>> more than 20 of america's most powerful ceos stepping up to transform work for underserved communities in and around new york. ibm former chair woman ginni rometty will join us for a very special interview. final hour of "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc i'm becky quick along

the only other private company that's also going to be launching astronauts here is boeing. already done one test flight, they still have to do their second test flight which will actually have a couple of astronauts inside and that will mission. it's a proving test flight. make sure that it lifts off, docks in the international space station fine and the astronauts go up there, live and do research for a while and splash. that will actually land on land, that capsule the starliner will have inflatable balloons, if you will, on the bottom of the capsule and it's going to come down and basically do a little small bounce on land also coming at 17 miles an hour. no schedule yet for that second test flight for boeing, spacex, their first official crew launch not a test mission but a regularly scheduled nasa contracted mission to get astronauts up will likely happen some time in septemberened that's what the nasa administrator jim told me a couple of days ago, arthel. arthel: yeah, and phil, as you're talking we are watching with breath here where they are hopefully going to open

. >>> coming up, shares of boeing hitting some turbulence this month that's good news for one of ourl tell you why send us your questions at "options action" and we'll answer some of them on air we'll be back right after this >> announcer: "options action" is sponsored by think or swim by td ameritrade. this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim. ♪ that selling carsarvana, 100% online wouldn't work. but we went to work. building an experience that lets you shop over 17,000 cars from home. creating a coast to coast network to deliver your car as soon as tomorrow. recruiting an army of customer advocates to make your experience incredible. and putting you in control of the whole thing with powerful technology. that

liz: breaking news on boeing. the aircraft giant moving higher at this hour after the federal aviation administration said in its preliminary report that boeing's proposal requiring four specific changes to the 737 max effectively do mitigate safety issues that were seen in two horrifically fatal crashes. they include changes to flight crew and maintenance procedures. the max, of course, has been grounded since march 2019 after the second crash. we are looking at boeing jumping $4.32, a gain of 2.7%. remember, for the year, year to date, it's down 50%. more ways to go here. >>> august 2020 already. on this first day of trade for the month, the traders, typically traders see august as a signal to unplug, head for the beach. but here's some data that might reel them back to their stock screens. according to dow jones market data, as calculated by s&p 500 returns, the market's august performance during election years rocks it, up 2.87% on average versus a gain of .6% during non-election years. but what about an elect

i think take the money and run >> meantime, tony said boeing could be in for post earnings turbulenceelative performance to its sector it is really starting to underperform here over the past few weeks so you couple the estimate revisions with the underperformance we are seeing against the sector and typically the things i look for for a potential miss here on earnings i will go out to the august 28th weekly options and i'm selling the 180, 195 call spread i'm collecting about $14.50 and paying about $9.10 for the 195s. >> boeing's down about 8% since that trade what do you do now >> so if you sold this call spread on monday you would have collected roughly $5 in credits. earlier today it was trading $1.65 so you would have collected about 65% of the max gain a rule of thumb is usually once you collect more than 50% of the max gain and you still have more than three weeks left to go it is time to take profits so i think as of earlier today you would have collected 65% of those gains, take the profits. there's further downside for boeing and some of the airlines so i would roll the pro

jointly, so contacted spacex and boeing jointly, so between the two of them they have the options foro space and it's really like providing a taxi service, if you like, for astra not to need to go up and down and for you, if you can afford it. tickets are available from spacex. elon musk will be delighted that the success of crew dragon. the company have argued that crew dragon, which is there a seven person vehicle, which was the one that these two astronauts were in, the first time people have been in them as opposed to dummies are cargo, they argue that they could do it, they could repeat doing it and they could provide a successful process. we have certainly see that. let's rejoin libby jackson process. we have certainly see that. let's rejoin libbyjackson and our science correspondence. how significant is this in terms of the craft they're using and the potential? just explaining first of all what's going on at the moment, the pictures we can see. so they are making the vehicle safe. this craft, like a lot of space craft, use some quite nasty chemicals to position and move itself

. >> thaunk you very much the other group out performing today is boeing and the airlines boeing, united airlines, american, jet blue, southwest all jumping higher as the reopening rally gains steam. phil has more on the moves in those sectors. high, phil >> it's all about optimism it's not looking at the near term which is ugly and how ugly is it. take a look at the july order and delivery numbers from boeing this is not a surprise everybody expected boeing to report really weak numbers for the month. negative 52 planes in terms of orders year to date, negative 836 negative 864 orders this year. the backlog stands at 4,496 planes at the end of last year it was close to 53, 5400. july deliveries just four planes those weren't good numbers and neither are numbers when it comes to number of people who are on the planes that are in service. that the airlines are flying this is what we're seeing over the last three, six months or so you're seeing the number of people flying still down 69 to 73%. does that matter to those who are looking at airline stocks. not a beat that's why wheen yn you t

market took some of the guidance on the boe as well, slightly hawkish. --ning us is jeffrey you geoffrey yu. why not start with the bank of england as we have just had those comments come through from andrew bailey? are we going to see negative rates at all in 2021? the market has repriced a little bit off this morning's news conference. thefrey: if you look at monetary policy report, there is an interesting q&a session st. they basically say the volume of lending could actually be restricted with negative rates if lenders are concerned about future capital ratios. at the banks in the u.k. they say are resilient, but they are concerned about future capital ratios being too low from covid. saying it is not effective under the current environment, pick something else. yu, an ace head of research at the federal reserve, i give him credit for the focus on the toolbox. but a toolbox is based on its ability to change things, which we call degrees of freedom. how limited are the degrees of freedom and the bank of england and the fed to avoid negative interest r

. >>> boeing shares getting a lift today despite dismal new numbers on orders. phil lebeau? >> investors looking through the bad news from boeing and from the airlines in terms of passenger levels and saying eventually it's going to bottom out and improve. if you look at the july numbers for orders and deliveries it's more of the same story, the sixth straight month where you've seen negative orders on a monthly basis, in july negative 52 planes, year-to-date negative 3600 planes. the order book for the max since they have started having cancellations last year and order adjustments, negative 1,047. that's how many have been taken off of the order books today boeing moved a little bit higher, actually pulled back with the rest of the market but finished positive. they delivered four planes in the month of july, 74 year to date the other equation is passenger levels there have been a sense in the market that things are improving when it comes to people who are flying yet it is improving, but not by a lot. up to 6.9% on a daily basis at this point in july you go back to last w

still a lot of question, but investors focusing on the positive today meantime numbers out of boeing just crossing. >> and we're looking at july orders and deliveries from fr boeing and yet another reminder of how weak the commercial aviation market is worldwide for the month of july, boeing reports orders of negative 52 planes, all of the cancellations last month the 737 max, the year to date order book negative 836 planes, that means the backlog has now dropped down to 4496 planes boeing did deliver four aircraft last month year to date, it has delivered 74 commercial airplanes, but again, jon fortt, a negative month again for boeing, negative 52 planes on the order book. >> phil, thank you rough numbers. the s&p meanwhile though approaching an all-time high amid -- and aiming for its eighth straight day in the green. joining us now, bob dahl great to have you this morning >> good morning. >> what do you make of this? the market certainly seems to be shrugging off the questionable news are we near a top here, how do you position yourself? >> i would not have believed almost any mon

you mentioned boeing and united technologies, we will show you the rest on the screen as we go to the next call. this is paul from indianapolis. caller: i was an auditor with the department of defense for 25 years, and this problem continued. one of the biggest reasons for that is that the money goes from congress down to a department like the department of the army and it splits it out, but the army does not spend all of the money down to the subordinates. it gives back a percentage. each level keeps a little bit set back. when it comes the end of the year they have all of these reserves for emergencies that have to be spent. wishowest level has their list and they have not been able to fund those lists. they are ranked by priority. they are justn raining money down the tree, and picking offart their wish list. the best way to solve this is to list so review the wish there's nothing on there that you do not really need. times, i a lot of think the third number was furniture. that has and office not been replaced for 50 years, that is way down on the list. come time at the end of the

the reports at least 16 people are dead and dozens injured boeing 737 was carrying the 200 passengers. i don't get you couldn't find all the latest information on our website that's right dot com and on the twitter d.w.t. news. good news for you at the top of the entire. combating the corona pandemic. where does research stand. what are scientists learning. background information and. our corona update. covert 19 special next on d.

southern state of corolla at least 17 people are dead and dozens injured according to reports the boeing 737 operated by air india express was returning from dubai with nearly 200 people on board. t w correspondent manoora chattery is following developments for us in delhi and told us more about those onboard and the rescue operation. well this was one of the repack creations like which are being run by the indian government says the corona virus outbreak and you slice up the bring back india was stranded in different countries and now facing issues my job losses because of the call the outbreaks of this was one of the flights all the citizens on the flight support of the war in sort of the many of them were traveling the families and many of them were even carrying this as children along with them when the latest reports suggest that the best deal frictions have been completed linda going on there were ambulances fire in the day 5 brigades that were on the ground but now all 300 have been confusion all the people who love it and like have been evacuated and they all being treated in the

and the boeing folks say oh we all agree. dixon nasa and all the work that they did but they went and took a government program so how can we do it more effectively and efficiently in a private sector and they're going to be competing against each other so if you just look at the private sector now you know with commercial air travel when it was not being documented been demick now you'd see people fighting for the nicer interiors and then things like that and so you could have market forces intrigue into that so yes it provided the opportunity to private sectors providing the initiative and they're both sort of feeding off of each other whereas network it was only when he answers going to government space there right but of course there is another side to this some are calling us the privatization of spaceflight is there not a danger here and transferring so much responsibility from the government in the hands of private individuals people like you on moscow has come under fire for saying some anti scientific things to put i

i own boeing, so it's going to be really interesting to see these names are really born the brunt of covid-19. yes, as we're seeing the tsa numbers, i know you quoted them early. we're not quite at a million passengers per day seems like we're going to be there in a week or so. that's positivity. these names, talking about catching a falling knife after a while, but when you see the fed or the government come in to help these airlines, that puts a little bit of essentiality in these names. i think that's withbeen a prove story going all the way back to the financial crisis. >> we've got more coming up

the boeing ceo giving those comments in a message to internal employees that boeing is planning more cuts through a second voluntary severance. we have had since about may, 13,000 boeing workers, mostly in the u.s., losing their jobs over a number of weeks. these cuts taking place not really just because of the pandemic which caused travel restrictions and the lack of demand for air travel but of course, all of these issues over the 737 max. it is still trying to get that back in the air and we heard that cancellations for the max have topped 400, shery. shery: we also have breaking news out of canada. the finance minister is resigning as canada's finance minister. he has been at the post since 2015. we heard he had been in disagreements with justin trudeau over ballooning deficits. he has disagreed over the huge amounts that canada was spending to combat the coronavirus, not to mention about some multi-did billion dollar greek -- multibillion-dollar green initiatives. he is now resigning from his post. let's get a quick check of the latest business flash headlines. tesla's rally has

the boeing 737 flight from dubai was repatriating indian citizens stranded by the coronavirus pandemic a disastrous for passengers that had waited months to fly home and reunite with their families. among the victims were the 2 pilots as well as at least one young child who could be put behind a child under a box on the plane as soon as i picked her up her head had serious injuries small child one and a half years old i took the child in the car if she was in the ambulance maybe she could have been saved i took her to the hospital but she died so i mean sort of within. the remaining passengers and crew rescued from the rubble are being treated at several hospitals in the city. many are in critical condition. the. indian prime minister modi tweeted his condolences to the families of the victims. of the heavy rain has battered the area in recent days and may have caused the aircraft to overshoot the runway. officials say that whilst rescue operations are over they fear the death toll could rise. well joining us now from the indian capital delhi. as well hina misha the rescue operation as

southern state of counted at least 17 people are dead and dozens injured according to reports the boeing 737 was returning from dubai nearly 200 passengers on board. that mr straits vented capital for more data corresponding to many of the challenger joins us from delhi welcome many are so that tell us about the passengers. well this was one of the repack creation flights which are being run by the indian government says the coronavirus out lights out to bring back indians while stranded in different countries and out the using issues like job losses because of the colored outbreaks of this was one of those flights all the citizens on was reportedly were indian citizens and many of them were traveling with family than many of them were even carrying little children along with them. and a rescue is obviously under way talk us through what's going on there. when the latest reports suggest that the rescue operations have been completed when they were going on they were ambulances paramedics fire brigades they were on the ground but now the operations have been completed all the people who w

they also have one with boeing so instead of the 10 trend over the past half a century of only flying people into space and government space now are buying tickets and that she has the chance of going further than just the professional astronauts needed commercial astronauts and maybe someday you will not so this is the beginning of an era of commercial spaceflight what is nasa is role going to be from here on out. well nasa had the insight back several presidential administrations ago to the bush administration of trying to go to commercial with the obama administration toward the money necessary into this to make it happen and so now the even though it looks like it's just something that this administration did they spent a lot of time getting ready for this and the idea was that if you can lower the cost of operations in space that need your money will go for her. role has the prime the pump some speak to invest in the right places so that the commercial space and prized can create these vehicles but more importantly the larger community can say hey there's actually a market there

. >>> plus boeing announces another plane model ground.ails about how many dreamliners need to be fixed. (vo) i'm all about family. my mother's name is jeannie and my name is robert. that's how we came up with jr's. and my wife rita and my son robert the 4th all work here. my dream for jr's barbeque is that it's still that old neighborhood spot 50 more years from now. ♪ >>> vice president mike expense spent the day in minnesota. it was his first campaign trip after the republican convention, and he didn't waste any time going after his political rivals either. he spoke at a workers for trump event in duluth this afternoon and headed to memy for another event as part of the midwest campaign swing. his trip was an extension of the gop convention, where law and order was the theme. >> i don't have to tell you people in minnesota, there's no excuse for for what happened to george floyd in and justice will be served. but there's also new excuse for the rioting and looting and violence that has followed. >>> yesterday biden said he would hold in

i want to start with the boe.y describe the recovery so far -- but doesn't the data right now show a bit of distortion? what are you expecting the boe to say as far as the recovery in the path of the u.k.? were a number of speakers optimistic about the shape of the recovery. when we look at the q2 data, we a somewhat less severe contraction in gdp in the second quarter than the scenario from may suggests. in that sense, we could see some improvement in the gdp forecast for this year, but then, as you mentioned, the speed of recovery is going to matter a lot. there are two big risk factors that are likely to weigh on the pace, so first of all, the social distancing measures. on top of the mandatory requirements, what we are seeing is that the voluntary social distancing measures are likely to weigh on consumption in sectors where social interactions are involved. similar to what we see in europe , the big risk is the recovery of the labor market. so far, once again, we have not seen a spike in the unemployment trad

now, one of the things -- here's exactly what boeing did.as flight control software, they are changing that. they are revising flight crew procedures. and rewiring some of the internal wires in the aircraft. now, once the faa ruling is finalized, all of those steps have to be fixed on all the grounded jets before they have to be delivered. in a statement, boeing says we are continuing to make steady progress towards a safe return to service, working closely with the faa and other global regulators. while we have a lot of work in front of us, this is an important milestone in the certification process. it is a step forward, possibly to be flying in the u.s. this year but there are hurdles around the globe. canadian and european union regulators have issues. the european union today saying they have no firm date for the max jets to fly again. in fact, adding the plane maker has to do some more work before the ban can be lifted. the european union aviation safety agency has said they want to do their own tests on the max 737 and the covid crisi

instead, it is going to purchase those transport services from different companies like spacex, boeinghe future, and the way that nasa has done this as it has given these companies are seed money, if you like, to develop their systems. it has not told them how to design these systems, it has set out requirements, requirement specifically about safety and then the companies have gone away and they have come up with the solutions that we see before us now and so nasa sits over them, doesn't sort of interfere too much, but tells them when they are out of step, maybe, with something. have you thought of this? why don't we do this instead? and that hopefully will produce vehicles that are just as safe as all the ones we have seen in the past and so a lot of the procedures we are seeing past and so a lot of the procedures we are seeing now, so past and so a lot of the procedures we are seeing now, so usually eve ryo ne we are seeing now, so usually everyone is off the deck apart from these two individuals in breathing apparatus. this is knowledge gained over many years apparatus. this is kno

in a statement boeing says this related to faa. it says quote, we're continuing to make steady progress towards the safe return to service. working closely with the faa and global regulators. while we still have a lot of work in front of us this is an important milestone in the certification process. there are still other certification processes to go through. they have to be certified and cleared to fly this is an on going process but this is big hurdle for them to get in the air. you may remember the 737 max jet was grounded in march of 20 19 because of two crashes five months apart that killed 350 people. back to you. >> thank you, edward. david? david: bracing for landfall a tropical storm barreling towards the carolinas as forecasters warn residents to prepare for life-threatening storm surge t will regain hurricane strength tonight. we're tracking the storm's path this hour. back to school protests teachers across the u.s. saying no-go weeks before classes are starting to resume. we're in chicago where things stand right now.

the things like the boeing layoffs, the marks & spencer news this morning. as the market priced in non-v-shaped recovery? no, the market has priced in normalization. the market is treating this as a complete income statement chart. they don't think this will have solvency. they don't think they are going to have balance sheet imbalance. from here, what i think is important, last week, it was quite remarkable, you said it was a strange august. last week the markets held up reasonably well despite the fact that you didn't have any agreement between the -- democrats and republicans. why did the markets hold up? because of the vaccine hope. the vaccine hope is important in keeping the market going right now. but that is one month to three months. growth and liquidities have to be reassessed. tom: this is so important, folks. stephen roach from yale university is going to be here, and he is always talking about balance sheet dynamics versus the income she dynamics. how will the central banks react to this? what is the next step for central banks looking at a non-

apple, boeing, both dow stocks, down very sharply. the dow is being hurt by apple and boeing.m the airline sector. when it rains it pourses. the airline said if we don't get aid very soon, we're looking layoffs. american airlines will cut 19,000 jobs when the aid expires november 1. delta pilots, negotiations essentially broken down with the airline. finnair across europe

the boeing 737 was carrying nearly 200 passengers. we will have more world news of the top of the hour. i will be back with "the day" in just a moment, looking back at today's event. have a good day. [captionining performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] this rescue teams sift through the rubble of beirut's blast sites lebanon's presidident rejects calls for an internatioional investigation with the head of hezbollah rubbishihing claims that his group stored arms at the polls. with hundreds of thousands left in need following tuesday's massive explosion united nations scrambles to respond. the international organization is not r released millions more euros. agency relief. the boeing seven three seven skits often indian run away and breaks into leaving at least sixteen passengers dead and one hundrered and

boeing has yet to do the second demo flight which is going to be like this one was where you actuallyonauts in the capsule and they launch up to the space station. but things are looking pretty regular, two private space companies contracted with nasa to start fairing astronauts on a pretty regular basis here and we were talking earlier, leland, there's really a sense on the space coast that we are back in the space game big time and i have to mention united launch alliance also huge footprint here and they've launched several satellites, multiple this year already. leland: gerry, apollo went to the moon and up in space with the shuttle but we have not reached past the moon. i'm wondering to you we see all the commercial ventures going up, mars is the far out goal, what's the intermediate goal to stretch things once again? >> i think we've got to go back to the moon and some kind of permanence where we have stay time there and not only set up up for the future to get to mars because there's a long mission and long stay times, et cetera, the first thing we have to do is get back to dee

the boeing seven three seven skits often indian run away and breaks into leaving at least sixteen passengers dead and one hundrered and twenty three othes injured the accididents occururd as thehe jets trying t to touch down in heavy rains that kelly cuts at ports. in the state of caroline. hello welcome back to the fronts twenty four news remind thomas waterhouse. festus i what was it caused by negligence was it just an accident once an external interference to blame those are the questions that lebanon's president is keen to keep on the table. as he rejects calls for an i international probe ino cheese densities motionn in the capital whihich is said to be te biggest in beirut's history. rescue teams continue to scour the blast sites in the hope o of finding morore survivors with te death toll already standing at at least one hundred and fifty four with some five thousand others injured let's listen up to what the president has been saying three days. off to this study explosion. him getting corn as she- it could have been an accident due to heavy to negligence. i'm a foreign interferenenc

known as coming cuts reports at least 17 people are dead and dozens injured the at india express boeing 737 was carrying nearly 200 passengers. we'll have more world news of the top of the hour i'll be back with the day in just a moment looking back at today's main events a good. time and place captured in pictures. images of cars on. the phone to studios are kind of documents lives in bygone eras. and leads to those living today. they are guarding goes a specialist in a box. a legacy in black and white. collective memories stores for his 14th on d. w. . is quite as simple as it seems. to understand the world better we need to take a closer look at. the experience knowledge to morrow to. comedy juggling. in the. climate change. minister. good sense to people. what ideas do they have of their future. g.w. dot com africa megacities philippines just. click it or. arrivals of international aid for beirut are gathering pace following this week's devastating explosion at the city's port as the shock satele zanker is rising people are demanding change and that the government be held accountabl

. >>> boeing making several changes to the 737 max jet after two deadly crash is. the things boeing is doing to make the jet safer. >>> ignoring social distancing in los angeles. what the police saw when they shut it down this house party. businesses are starting to bounce back. but what if you could do better than that? like adapt. discover. deliver. in new ways. to new customers. what if you could come back stronger? faster. better. at comcast business, we want to help you not just bounce back. but bounce forward. and now, we're committed to helping you do just that with a powerful and reliable internet and voice solution at a great price. call or go online today. >>> welcome back. 6:15. the fire burning in southern california has grown to nearly 42 square miles and only 7% contained. the fire started last friday. it has forced thousands of people from their homes northwest of palm springs and riverside county. evacuees are being screened for covid-19 at the shelters. summer being redirected to hotels. the flames have destroyed one home and continues to threaten

looking at the wreckage of the boeing jet, it's hard to believe anyone survived, but remarkably, most of the 190 people on board escaped alive. at least 17 are dead. cbs' kris van cleave now on what happened. >> reporter: the air india express boeing 737 was attempting to land in heavy rain when it went off the runway down a 35-foot embankment and broke in two, says india's civil aviation minister. rescuers worked to free trapped survivors on live tv. flight 1344 from dubai was bringing people home to southern india for the first time in months because of coronavirus- related restrictions abroad. investigators say 190 were aboard including 34 children, 13 of them infants. the captain, a former test pilot in the indian air force and his copilot are among the dead. more than 100 are hurt. former n.t.s.b. board member john goglia: >> what the pilot-- what did he know from air traffic control? he's the ultimate decision maker. did he make a bad decision or was he given bad information that led him to make a bad decision? >> reporter: the airport where they attempted to land resembles land

is stepping up pressure on germany and france as part of the boeing-airbus dispute. introducing new tariffs on their goods. the aim is to get the eu to settle the long standing disagreement. a ruling master but the eu is waiting on its own rulings on subsidies against boeing. interesting to see this a rejig think of the tariff. it seems this has almost become a brexit story. which industries are being hurt most by these tariffs? >> well, the one that has been wineall along, the industry and other spirits, like scotch. while they u.s.-made basically some subtle changes, they are definitely designed to send political messages, particularly the one about taking some of the heat off of the u.k.. the u.s. and u.k. are trying to negotiate a free-trade agreement at the moment. perhaps that is a gesture of goodwill to boris johnson's government from washington. but the fact remains that 15% tariffs are still there on european aircraft and 25% tariffs on dozens of goods that both businesses and consumers in the u.s. and europe say are really hurting them. goal so what is the

i guess a lot of it factors in boeing slight lit high boeing boeing slightly higher on the day.he story. >> a bit of a win streak for qualcomm here for the high profit licensing business. the chipmaker is up a little more than 2% after a federal appeals court overturned an antitrust judgement against the company. what a difference a year makes here last may qualcomm stock tanked down below $65 a share when a district court judge ruled that it abused the monopoly power in wireless chip technology since then, qualcomm has settled the licensing disputeswith apple and with huawei just last month. the ruling validates our business model and licensing program and underscores the contribution that's qualcomm made to the industry of guys? >> jon fortt, thank you very much mike, was this a big weight on qualcomm's multiple. is it in the clear now >> it's not a big weight they had a few things gone in the favor recently and there has been a little more of a rewarding of the valuation for the last little while. certainly incrementally, it doesn't hurt the story around this company for quit

flight data recorders have been recovered from the wreckage of the boeing 737 which crash landed in india both pilots are amongst 18 dead in cardboard in kerala state however 150 passengers and crew were injured as the workers repatriation flight from dubai plunged off the end of the runway so higher it has more. on a gloomy wet saturday morning corey cold air points clouds gather at the site of friday evenings cross their india express flights plowed of the end of the hilltop runway and down a slope the fuselage splits into 2. $190.00 passengers and crew on board the boeing 737 flight from dubai it's to the pilots to a both killed in the cross twice tried to land the plane during a monsoon storm that's overshot the runway which is notorious for being difficult to land on jaring heavy rain better conditions you have a monsoon going out and the weather conditions were unfavorable juice the monsoon it seems a pilot as this is a tabletop airport tried to bring the flight to the end of the runway but you just slippery conditions dismissed out to a place there is a drop of 35 feet where it fel

to save money and redirect resources and 2014 nasa trying to commercial companies like boeing and space x. for space flight programs and now additional missions research and even tourism could fall out you on musk's space x. is going to be one service boeing is going to come online probably later this year they're going to complete another crude test flight so they can begin flying astronauts next year virgin galactic is looking at flying astronaut so this is just the beginning it took more than 18 hours to get back home the so-called dragon capsule endure temperatures of more than $1800.00 degrees celsius as it reentered the earth's atmosphere there's something special about having. that capability to launch and bring your own astronauts home and we went through a lot of years without that capability and i think we're both super super proud to have been just a small part of the team that's our complex bringing those space flights back to the florida coast and bringing that capability back to america. and that technology and a giant leap in the way space travel is financed and run that

express flight skidded off the runway while landing about 190 people wrong all the boeing 737 when it crashed in a cold day in carroll a state official say the pilot couldn't see the runway clearly because of heavy rain the jet split into 2 but didn't catch fire local media say dozens of passengers have been injured. and the u.s. has imposed sanctions on hong kong's chief executive it says carry lam is directly responsible for implementing a controversial chinese national security level which it called a policy of suppression a range of other officials including the territories police chief of also been targeted the u.s. has been critical of china's actions in the city while tensions between the 2 country also have been steadily rising. a.j.c. lex is the program coming up next probably back with more news for you in about 25 minutes time c then. look up the word there are more than what are you going to. do you think i get the guard thank you everybody. but i do have one or better got a little.