now boeing is preparing to do that boeing has not said they are increasing 737 max production. they have not shifted or paused or slowed down yet that is the question from wall street after this latest revelation from the company that it will be slowing or pausing deliveries of some 737 max not all, but some. the issue is two fittings from the supplier at spirit a s -- spirit aero systems. they were incorrectly installed. this is the not a safety of flight issue i can't stress this enough max planes built are safe and can continue flying. they will be inn p spected to si a correction needs to be placed. boeing says the issue will likely effect a significant number of undelivere ed 737 maxi production and storage in the fourth quarter, boeing had approximately 250 in storage or inventory they continued production while the plane was grounded they have been working down. they have 250 or did at the end of the fourth quarter. that is likely what they have now. the production is currently at 31 737 maxs per per month. will that production go up now they will pause delivery and do i

simone foxman on the latest with boeing.ars return, we get some perspective from olivier branch hard -- glenn chart and silvana on the central bank's next moves. this is bloomberg. ♪ the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com jon: this is bloomberg markets. u.s. near term inflation expectations jumped in early april by the most in nearly two years. traders are mulling not one but two more interest rate increases that could be in-store this year. bloomberg's tom keene spoke to the senior fellow at the peterson institute on whether he believes in inflation at 2%. >> that is an interesting question. you have to think about -- the future. i have been a proponent of the higher target inflation rate. i started at 4% 10 years ago. i have concluded inflation to salient and change too much. i have

. >>> we've got breaking news one■ boeing let's get to phil for the details. >> shares of boeing comingthat may have these non-conforming parts, they will remain in service but what it does do is boeing is inspecting those planes, those maxes that are currently in production -- and we're talking about 737e1s, 738fás, 737-8200s well as p-8 model airplanes, which are delivered to the airplane -- there will have to be inspections on those in production or ine■ inventory,e1e already been built, to see if those models have a non-conforming part. at the same time, boeing has notified the faa about the situation and will be working with thel■ faa to come up with a process for making sure they can do an inspection and make sure that the p"■)■r parts are put thee1 bottom line is this, melissa. this is likelyo■ going to have impact in some fashion on production and ultimately deliveries of the 737 max. i've a5+ bo halting production, if they are halting deliveries they said at this time they are melissa, is that once again, there is an issue with a t non-conforming part -- not a boeing part, but

inflation push the boe to 5%? is 5% even enough? ella, do you think the boe is going to go to 5%?ket is close to completely priced. three months down the line it's roughly 50 basis points in the curve and further on its up to 5%, approximately. the market is saying yes. the question is, is that enough? right? at this stage in the cycle, we get a glimpse of that earlier in the year. we are kind of going in the wrong direction. the core is still 1% higher than what the bank of england has been visiting -- envisioning. double-digit inflation is problematic for a central bank that hasn't had much credibility when it comes to markets. alix: does that mean they will have to go farther or hold for longer? it's a very different narrative from what we were talking about just a month ago. ella: right. they have been getting away with a lot if you think about it. going back to september there was this combination of fiscal and monetary dynamics at play at the time that should have given a bit of a warning sign. at this point the bank of england was relying on a slowdown in the economy. as we

boeing, united health as well a bit of a drag.rs were good but you're talking about another stock that has done quite well of late. >> yes, and remember, it helps to have a $500 stock and when a $500 stock does well in the dow, it pulls the dow up, dow is a price-weighted index the soft landing piece is still intact earnings were brought down more aggressively than any other quarter, understandably. the numbers were better than expected and not as bad is a good way to characterize bank earnings we're down but the volume is light. we talked about this all week. the important thing. the advance decline line it is more of declining stocks than advancing stocks today but generally for the last two weeks, many more advancing than declining stocks we talked about the strength of the cyclicals. industrials keep advancing materials keep advancing energy keeps advancing then there's the defensive sectors that are advancing health care has had a great couple of weeks put together consumer staples are generally advancing. you mentioned, scot

this is boeing's best seller. so this is a huge issue for boeing, and they are now trying to sort of bring this to light and really sort of taking the fall for its third party vendor supplier that had these issues gate. though, john, it's like giving some information but still want to know exactly what that means. you really want to know as much as you possibly can about this. we're going to stay on planes for a second, though we're going to move from, i guess planes and passengers in the air cake as we have new moves to crack down on unruly. only passengers. after the faa asked the fbi to investigate more than a dozen cases. this includes last month's incident onboard a united airlines flight when a 33 year old massachusetts man tried to stab a flight attendant with a metal spoon. that was scary. he then tried to open the emergency exit door. that incident is one of just 17 the faa sent to the justice department. they range from passenger threats to alleged sexual assault. the fbi can bring actual criminal charge

of the boeing 7 37 max . boeing is disclosing this just now, it says the biggest impact is on planes still on the production line. although the current fleet that is out there now could also be impacted, though the planes are still safe to fly, the faa says there is no immediate safety issue for the 950 some odd boeing 7 37 maxes max eights that are flying out there right now, so we will have to wait and see exactly help boeing deals with this a big commentary here a major problem for boeing when it comes to their quality control issues. they've had it not only now with a 7 37 max, but also with the 787, and this has the potential to slow deliveries, boeing says of this airplane. it's the best selling airplane right now for boeing, and they're trying to get these off the factory floor . united airlines has about 200 on order just took delivery of their 107 37 mags southwest airlines also waiting for these of course, that's the airline that only flies this 7 37, so this is a really big back in business issue f

boeing has had to halt delivery _ assist at this time.had to halt delivery of _ assist at this time. boeing has had to halt delivery of some _ assist at this time. boeing has had to halt delivery of some of- assist at this time. boeing has had to halt delivery of some of its - assist at this time. boeing has had to halt delivery of some of its 737. to halt delivery of some of its 737 max planes because of problems with third—party parts. it says it affects a significant number of aircraft storage but insists the problem is not related to flight safety and planes already in service can continue to fly. japan has approved a plan to build the country's first casino resort in the western city of osaka. it will be built on the artificial island of yumeshima. it is expected to attract millions of tourists and raise up to $4 billion of revenue every year. the uk has approved driver assistance technology for the first time allowing drivers to take their hands off the wheel. the blue cruise technology controls acceleration and braking but is not s

tom: i want to switch focus to the boe. summer mar --some remarkable comments from the teedo of, comparing her hawkish colleagues to fools in the shower desperate to ramp up the heat, not patient enough to wait for the warmth to come through. markets now pricing close to 5% from the boe on higher inflation and stickier wages, what is your take on these comments from the keyed of on the boe? >> with all due respect, she talks about long policy legs, by that measure, the boe should be able to get back to 2% by now given that they raise rates much before the ecb and the fed. their own forecasts have been way too long for two years now, so i wonder whose forecast she is referring to. she also does not say what numerical models she is using. one of the most renowned models used universally his the famous taylor rule, which will give you a rate of about 10%. i would like to know what model the boe uses which shows the policy rate at 4.25 when inflation is running at 10%. the boe has missed its inflation target for two years now,

alix: boeing stock getting hit pretty hard today.y discovered a manufacturing issue with 737 max airplanes i delayed deliveries. united airlines will delay, joining us now is sheila kahyaoglu how much is this going to cost boeing? sheila: that is to be determined is really early and a pretty preliminary pause on deliveries. on all of the variability's except for the max nine which is 15% of the current aircrafts that are in the inventory and 50% of the backlog. the 737 max is the biggest us for boeing. each mac generates 10 million and cash flow. it is their biggest driver for profitability, about 60% of that. boeing had a great week before we got on the air. they surpass deliveries for the first time in q1 of 2023. that leaves had not been there since 2018. we had a setback and we will see how long it last and that's the biggest question. dani: just to put it simply, can boeing execute on their turnaround with this max 737 still pause at the same time? sheila: no, they can't. simply speaking they need the max to generate cash flow.

of the 7 37 max boeing's best selling plane right now failures at boeing and with systems inside eachplane led to those two crashes abroad that killed nearly 350 people. this new issue is different, though boeing is coming clean about a defect in the manufacturing of the jet itself . the issue, boeing says, is with the fitting in the rear part of the fuselage of some maxes. it's manufactured by a third part. artie boeing has not said exactly how many maxes are defective, though there are about 1000 flying worldwide, more than 300 flying in the us in a statement, boeing says this is not an immediate safety of flight issue and the in service fleet can continue operating safely. the federal aviation administration it came down hard on boeing after the investigations into those crashes, says it has validated what boeing says is true and is monitoring next steps. the contractor responsible for building these parts is a company called spirit. aerosystems and i said on friday it's still working on an inspection and repair for effected airplanes. for now, this is not impacting travelers, but

a new setback for boeing. today, the company says it's going to have to reduce deliveries for 7 37 max airplane because of a manufacturing issue. if that's 7, 30 max, stay. it sticks in your head. for some reason, that's because you may recall the plane was grounded globally after fatal crashes in ethiopia and indonesia in 2018 and 2019. boeing says this new issue does not impact safety. cnn's pete mountain, joining us now with more here. so, pete, what is the issue? well, erica, you know this is another bed, look for boeing as it struggles to deal with quality control and rebuild the reputation of the max failures of boeing and with the systems inside, each plan led to those crashes abroad, but this new issue is different. boeing is really coming clean here about a defect in the manufacturing of the jet itself . the issue, boeing says, is with a fitting in the rear part of the fuselage of some maxes that are manufactured by a third party. i'm boeing has not said exactly how many maxes are defective. even thou

. >> boeing's got results out wednesday. shares more than 7% this year, and with the boeing story, mike, it feels like two steps forward, one step back, and this time it's with this fuselage part from spirit that had some issues. >> yeah, you know, and actually sort of on pace with that this week, for the first several days this week we saw a lot of bullish flow, and then basically investors turned it went bearish today. a lot of activity we were seeing in boeing today was actually the may 190. that's excluding thany of the option that expired today. we saw big buyers paying a little over 2 bucks a contract for that this is again one of those situations where i think it's kind of difficult to be long this one or at least to do so without some kind of an edge they've obviously had quite a recovery since they had the early lows on all that bad news. but as more bad news emerges you might want to think about taking some profits on this one >> yeah. brian, what do you think of boeing >> i think investors are still feeling the pa

between boeing and united health care, both shaving 200 points off the dow together news for boeing aroundax. our phil lebeau has been tracking the action and joins us with the story what's happening here, phil? >> sara, what we're talking is boeing pausing the dlib delivery of some 73 max models, how many remains unclear, and here's the reason why the company notified by one of its primary suppliers, spirit air row systems there is a problem with the rear of the plane where it connects with the vertical fin they are not worried about this being a flight safety issue. they discussed it with engineers and the faa. not going to cause the grounding of 737 maxes however, they are going to have to inspect all of the maxes that are in production as well as those in inventory, well over 200 airplanes. not all of them will have this issue, but a good chunk likely will and that may have an impact not only on deliveries but potentially on production rate which is at 31 a month right now. when you look at their deliveries they were ramping up towards somewhere in the 420 to 450 range this year. that

we're waiting on boeing, boeing will be out later this morning, he meta will be out after the bell tonight. boeing shares down a fraction, mmeta is up 1 and-a-half percen, the stock up 80% year-to-date on meta platforms. joining us is payne capital management president, ryan payne and portfolio manager adam johnson. thank you for being here. first, assess the earnings for us. we saw good numbers from microsoft last night. >> i'll use adam's line, better than feared. right. so bottom line is, growth is slowing as you mentioned. you look at the cloud growth, up something like 27%. that sounds great. it's slower than it used to be. with google yesterday, the stock's flat here, their search and other was up 1.8% in growth. compare that to a year ago. it grew 24% so i think the big take away here is growth is slowing drastically in tech. maria: drastically for sure. but the stocks are up drastically year-to-date. the big one is apple, it's going to report next thursday. stock is up 26% year-to-date going into the report. apple gives us so many windows. it tells us about china, tells us about su

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shares of boeing stock.ell more than 5.5% friday after the company said it found a new issue with their 7 37 max jets, but the airline manufacturer says it's not an immediate safety issue and the planes can continue flying. cnn's aviation correspondent pete mountain, has the details. jim this is another bad look for boeing as it struggles to deal with quality control and rebuild the reputation of the 7 37 max. it's best selling airplane right now failures at boeing and with systems inside each plane led to those two crashes abroad. but there's new issue is different. boeing is coming clean about a defect in the manufacturing of the jet itself. the issue, boeing says, is what they fitting in the rear part of the fuselage of some max is manufactured by a third party. boeing is not said exactly how many are defective, though there are about 1000 7 37 maxes flying worldwide more than 300 in the us in a statement, boeing says this is not an immediate safety of flight issue and the in service fleet can continue op

course, as that regional bank looks for what is an increasingly unlikely rescue deal >>> shares of boeingre rallying it is planning to boost its max production, despite an ongoing manufacturing snag ceo dave calhoun is going to be with us in just a few minutes. >>> let's begin with uk regulators blocking the microsoft-activision deal. the country's cma saying such a combination would substantially reduce competition in this new cloud gaming market. both companies say they'll appeal that decision activision stating "the uk is clearly closed for business," david and then brad smith with a strongly worded statement of his own. >> they can say what they said activision is being good here, making sure it's going to secure its $3 billion break-up fee, so it's being a true partner here by saying a lot of things as well and going along with this idea of appealing the cma decision when the cma originally came out a couple months back, early february, with a negative potential review here, it looked like they were going to say, "no," because they were also looking at the console market, and we said

boeing and airbus declined comment for this story. its advanced security systems and cooperation with the fbi for helping identify that fbi for helping identify that chinese spy. yo! you gotta try this new axe. it's the fine fragrance g.o.a.t.! ♪ ♪ the new axe fine fragrance collection. smth figrans ♪ (peaful music) issi) er[cmost people might not think much about all the little things you do every day, but for me, just being able to do those little things is the best part of my day. - ready, mom! - [child voiceover] it hasn't been easy, but sometimes the hardest things in life have the best rewards. (inspirational music) and it's all because of my amazing friends at the shriners hospitals for children and people like you who support them every month. when you call the number on your screen and just give $19 a month, you'll be helping other kids like me do the amazing things that make up the best part of our day. - because shriners hospital is more than just a hospital. it's... - where my back gets better! - where my legs get stronger

the other big drag on the dow epniy, i mentioned boeing. sthae link owns it josh brown just bogeyed 11 he goes to the par 5 12th next >>> the dow is down 220, one of the big reasons why our chart of the day. there it is. it's boeing down 6%. after warning of reduced 737 max deliveries due to a parts issue. stephanie link owns this stock which was off to such a nice start this year. >> yes, it was and if you put up a longer term chart you would see how pretty it looks the stock up 73% from the september lows i do not think this news changes the story. i do think it will change the free cash flow, unfortunately, so it will hurt a little bit it's a near term issue this is not a safety issue this is not a grounding of planes issue this is a supplier issue and that's unfortunate, as i mentioned, but i think this is way overdone today and people are taking gains because it's had a nice run >> does it ground, pardon the pun, does it ground the stock for a while? >> i don't think so. they had problems with the 787 and fixed it within days they coul

more headaches for boeing. company says it found issues with parts made by one of its suppliers for its 736737 max airplane. the news has unnerved some investors. shares are down more than 5% but the company says its planes are still safe to fly. pete mountain has a story, pete, get us up to speed. victor m. ra. this is another bad look for boeing as it struggles to deal with quality control and rebuild the reputation of the 7 37 max. those failures at boeing and with the systems inside each plane led to those two crashes abroad in 2018 and 2019 350 people killed. this new issue is different, though boeing is coming clean about a defect in the manufacturing of the jet itself. the issue, boeing says, is with a fitting in the rear part of the fuselage of some maxes. it's made lectured by a third party. boeing has not said exactly how many maxes are defective, though there are about 1000 flying worldwide and more than 300 in the us in a statement, boeing says this is not an immediate safety of flight issue and the

boeing says the planes are safe and leading this hour. the u. s supreme court just hitting pause on the battle over medication abortion. this means girls, women and doctors will continue to have full access to mythic kristen without any restrictions. for now, but what is still uncertain how long will full access remain one year after sending the issue back to the states. will the court eventually do a 1 80 allow a national ban on this long, fda approved medicine. our coverage starts with cnn's jessica schneider has been diving into what this new court order means and what could happen next. the supreme court now weighing into the fight over the abortion pill, mifepristone justice samuel alito, putting a temporary pause on any changes to the way the drug is currently administered, but only until wednesday, the court giving itself more time to decide if restrictions on the drug will go into effect if the full court doesn't choose to act after wednesday, doctors will be instructed to only prescribed if a princeton up to seven weeks of pregnancy ins

when you look at the 737 max, boeing has been increasing production and delivery. estimate right now, for full-year deliveries this year, 445. but i have heard from a couple of analysts saying we're going to have to bring down our estimate depending how long it takes to identify this this is video of spirit arrow systems, located in wichita, kansas they have said there is a particular issue with two parts at the aft part of the fuselage where it connects with the tail fin. you have a situation where they have to inspect these planes and fix them spirit arrow systems, by the way, will be reporting its q2 results on may 3rd i haven't been able to find out when it was down 20% in a day. but this is one of the biggest single day losses for spirit in a long time. when you look at shares of boeing under pressure, because it may have fewer deliveries this year. remember that its shareholder meeting is next tuesday. it will be interesting to see if they make any comment regarding this issue and then on the 26th, they report their q1 results. back to you. >> phil, thank you

boeing is rapping back up again.e looking at a very different company than we were looking at only a few months ago. it's getting back into its stride. it's interesting what's happening airbus. we are down 9% year on year. airbus is still experiencing big issues with supply chain. it's wrapped up significantly. still dealing with the issues surrounding the supply chain. they are effectively constrained at this point. so when they are able to fix that i think you see a slight change from airbus as well. it is worth noting that airbus took more orders than boeing did in this quarter but delivered more airplanes. deliveries are important because that's when you get paid. boeing needs to be get its catch -- cash position. let's talk for the stocks we are watching. glencore up by 3.27% today. still chasing tech. that's one of the stories. somebody out basically saying there's no chance, they don't see a chance of glencore being a target itself. the miners are very strongly. that's the two day story. earnings fast, jpm, it

it is the guidance from boeing this is going to reassure boeing investors.o earn $3 billion to $5 billion in free cash flow for 2023 reaffirming $10 billion in free cash flow, that's the target for 2025 to 2026 so a reaffirmation on the free cash flow. on the production side, more reaffirmation. they are reaffirming 737 max deliveries of 400 and 450 this year there was some chatter, some perhaps expectation that they might reduce that anticipated delivery guidance. that's not the case. they're sticking with that despite the issues with spirit aerosystems and the fuselage issue that came up a couple of weeks ago. for 787 deliveries, they're reaffirming to deliver between 70 and 80 which year the 737 max production, it rises to 38 per month later this year. that was anticipated on wall street but now they're saying for sure they will go to 38 a month later this year from 31 per month. and by 25, 26, they expect to build 50 per month of the 737 max. 787 production rises from 3 a month now up to 5 a month later this year and then up to 10 per month in 2025, 2026

phil lebeau is back, having talked about boeing. now here to talk some tesla., phil. >> hey, carl, not a surprise we're seeing more price cuts from tesla we've seen them in china and the u.s., their two largest markets. now we're seeing them in other parts of the orld. according to reuters, they have decided to cut prices on the model 3 and model y in europe. germany in particular, 4.5% to 8% cut in the prices there singapore, a cut of between 4.3% and 5% remember, in terms of global ev sales, tesla still leads the market i get this question all the time from people saying, well, yeah, they lead here in the u.s. but what about around the world? their strength in china along with the u.s. hems them get 17% market share you see byd nipping at their heels in china vw and gm. shares of tesla, keep in mind, we hear from them after the bell wednesday. that's when they report their q1 results. interesting to see if they will say anything about how these price cuts might impact their guidance although i don't think we'll see them lower their guidance from delivering 1.

s. operated biological weapons, a lot in ukraine and aircraft giant, boeing affordably plans to return to full production levels of controversial $737.00 max, just 4 years after doug lee crashes claim the lives of nearly 350 people with coming to live from the russian capital, this is the r t international. i'm rachel blevins here with the latest news welcome to the programmer. the pentagon claims the china is refusing to get in contact with senior us officials to explain recent large scale military drills. beijing help on its own territory. washington issued the statement just before the west began is the largest ever wargames with its south east asian allied. the philippines lines between our military is particularly important in scenarios like this. and we call them b ging to engage us in this channel. i'm in the escalating tensions, the u. s. and the philippines have launched joint military exercises on an unprecedented scale involving more than $17000.00 soldiers. the drills are said to focus on deterring external threats. china's foreign ministry claims the increased u. s. milita

but in the process of we have seen boeing news. a lot of it, butte reaches one of the most challenging things to reagan after a couple of crisis taking place and one of the highest dic it off on the scene of ation. so we're looking are challenging times ahead. ah, russia is once again, conspiring against the west, on a goal will stage at least those according to leave pentagon documents in which you as spies claim that even the u. e. is now on moscow side, referring to the main successor agency of the soviet era k g b. the document seen by the a p says, in mid january f, s b officials claimed you a security service officials and russia had agreed to work together against u. s. and u. k. intelligence agencies, according to newly acquired signals, intelligence, allegedly highly classified documents from us. intelligence have been linked online in recent weeks. they claim to prove the scope and scale of washington spying practices. not just on his enemies, but on his allies to including the ukrainian president. however, the u. e is di

paris high, for example. >> caterpillar and boeing in the dow, home depot. some groups like industrials and materials that got hit on the weaker data are rallying today it's not a total reversal but maybe a rethink of the hard landing scenario it does change by the day, the market narrative that increases the odds go in may. >> and imf world bank this week topping the tape the street and the imf calling for a downturn wells, meantime, sees a 10% correction in the next three to six months driven by some of these recent bank failures, adding the near-term relief rally appears already reflected in stock b of a writes easy fed policy and tightening, credit conditions typically equate to the worst phase for stocks they do hold onto their year-end s&p 4000 target. as they said before, i think we could see multi-year lows in the 3,000 range. meantime, the imf says the global economy is headed for its weakest growth since '90, adding risks to the outlook are heavily skewed to the downside i think the line is the fog is thickening. >> flat out saying the risks of a h

diehl, head of aircraft at boeing management at boeing have done a very good job rescinding my enthusiasmthem f. they screw this up, i will be confused in why they are decreasing production which is what they seem to think will happen saying they will be increasing it very soon. we shall see which is right. >> they've had supply chain issues the last two and a half years. >> you don't like the call either i don't know why you would, you own the stock. >> i own the stock and ge. talking about supply chain problems for years, for years. listen to any of the conference calls of boeing and, by the way, even of ge they're just getting going the 737 max, the 787 under production in deliveries, they get the production going they deliver the planes, free cash flow increases, and that's what the stock trades on and so i would be a buyer on any weakness >> does a potential recession factor in at all, jim? >> they have 4,000 planes in backlog, and that has to get done >> orders can be canceled. >> in a big, bad recession, yes. a big, like a great financial crisis, yes. >> only in that scenario >> th

there are also two boeing 737 technicians, this feeling is easy.was the most interesting moment in my life when i fly those planes with a large number of crew members. well, before that i have a tu-154 there. i mean up god it. yes, tu 154 there are 204-3 people. well, there was something else an engineer. that's when you get into the cockpit, where there are only two people left. that's the philosophy of the crew members. she surprised me, let's say very, very strongly was 2.000 the sixth year when i first retrained to battle, 837, city of danburg, united states and there i learned that if we thought that the crew is one family, and when people know each other very well from a close-knit such a team. this is very good for flight safety, then in a two-member crew. it turned out that the best thing for me was not to know this person and see him for the first time in the cockpit. and this is the safest approach to doing paradox a when you and i are familiar. we grew up in the same yard. graduated from a one-year school. they went to the same school. t

boeing's down, what, 5, 4.6%. with united health care which we'll get into, but boeing says they will likely have to reduce their 7. 37 -- 737 max airplanes because of a parts problem. so there's a quality issue with the fuselage for certain 737 models according to the maker of the -- spirit aerosystems. and american airline ares, southwest, the customers that will be affected with this day. -- delay. but add it on to the several issues that boeing has faced including dreamliner delays, other wide-bodied jets that aren't ready just yet. they're cutting 2,000 jobs in finance and their hr departments this year. add in this to another round of concerns for boeing as they continue to lose -- stuart: i haven't mentioned unitedhealth this morning, but it's actually doing very well -- no, it's not. susan: it's a drag today. you're right, it was up in the premarket, in fact, close to 4- month highs for united health, but it was a beat when it comes to earnings. the stock was up with 2 million membership adds, and they rai

we got to start with boeing.e down nearly 6% as they halted the delivery of the troubled 77 max model and united health, both of these companies shaving points off the dow unh down 3% despite beating q1 estimates. and jpmorgan up huge after the record q1 revenue. a 7% pop today let's get more from shelby mcfadden, an analyst for motley fool asset analyst good to see you, shelby. let's start with bowing. >> absolutely. great to be back when it comes to boeing, it is going to be a hold for me, it starts with what you mentioned before, the concerns around the near-term top-line impact of the 737 delays but when we look a little bit deeper into that, we see a little bit more concern about the quality of the supplier network. there's a big question, is this going to be another transitory issue? how long is this going to last so understanding that there is only so much that boeing can do when it comes to ameliorating this issue, i think it is definitely reflected in a little bit of the punishment of the stock. there's

and so boeing and the faa both say yes, this is a problem.es, it needs to be fixed, but it's not urgent. what it will mean, of course, is that max delays of plane deliveries will be intense , and that's going to hit airlines like united and delta. richard quest, i have to say thank you so much for that explanation. i feel like we pulled you out of a business meeting for that. but now i think we fully understand what's going on be well, my friend. kate for us republican presidential hopefuls are gathering at the annual nra convention this weekend. who's going to speak them over? they say after of course, in the in light of the recent deadly mass shootings in kentucky and tennessee are alive in indianapolis, and also the effects of climate change on full display in california, while some residents have whether whiplash. actually building the levee up another 4 to 5, ft. and god willing, that will protect the city of corporate. fast signs create custom deep sea signagage that makes the weight of visual escape. fast signs. ke your pretty good. ye

boeing says it's redesigning the faucet.the agency is calling for regular inspections until they're installed and when we come back ramadan, passover and easter holy holidays around the world on the same weekend. you said you're getting ready to roll. yep right now is the best time to roll into verizon and switch this incredible iphone 14 pro on them. love the camera. also an ipad. that's how i roll. okay wow. this apple watch all three on them. nice that's right. switch now and get iphone 14 pro on us. there's more you get apple watch sc and ipad all three on us. that's the value of up to $1700. now that i'm rolling with verizon, i get why more people choose it. but hurry. this offer won't last long, verizon. dancing is everything. soccer is the best. but her moderate to severe eczema could make it hard for her. my skin was so itchy and my outfit was uncomfortable. now my skin is not as itchy now we're staying ahead of her eczema. there's a power inside all of us to live our passion and do picks in works on the inside to he

i'd say boe me— terms of your sympathy. i'd say boe bb— terms of your sympathy.re for children. i mean, that it does strike you differently , doesn't it? pardon differently, doesn't it? pardon the pun . yeah manages at great the pun. yeah manages at great ormond street have declared a severe business continuity continuity incident . it continuity incident. it basically saying they're concerned there's not going to be enough people there to actually look after the children to seem difficult, isn't it when it starts to affect children who have absolutely no say in their own care, no , no. very own care, no, no. very difficult. yeah. let us know what you think. gb views gb views at gb news .uk. it's 6:12. also today , labour's— e cit \ it's 6:12. also today , labour's promising also today, labour's promising to also today, labour's promising bo bmweeb— also today, labour's promising bo bmweeb m— also today, labour's promising to invest in more— also today, labour's promising to invest in more teachers who ebeebob— to invest in more teachers who are special analysts

lodges used in boeings jets and notified boeing of a quality issue with certain as 737 models, the boeing stock up 70% the last year while spirit arrow system is down 23%. both stocks under pressure, spirit down almost 11% right now. were getting started, california congressman ro khanna is joining us reacting to the arrest and suspected pentagon document and the growing calls for diane feinstein to resign, the california congressman is here. the disappearing breadwinner how husbands and wives are splitting aspects of marriage equally, wait until you see the buses running, don't miss it. watching warnings with maria live on fox business. we'll be right back. ♪ there are some things that go better... together. burger and fries... soup and salad. like your workplace benefits and retirement savings. with voya, considering all your financial choices together can help you make smarter decisions. voya. well planned. well invested. well protected. ♪ ♪ do the work, before the work. bodyarmor lyte. more than a sports drink. ♪ i have type 2 diabetes, ♪ ♪ but i manage it well. ♪ ♪ it's a little pill

and uh, the f-35 is ours, which corporation now i can't even remember any boeing or something like thatading to the fact that these are private companies e rifle m16 m4 and varieties were developed by private companies that is, literally all the weapons that we now receive from western western countries are the development of some private companies in this sense, when we talk about the intellectual production capabilities of ukraine, perhaps even in order to create, well, modern super weapons that can be a certain game challenger of this war as a whole that is, it will not be what the ministry of defense will do , it is unlikely that it will be mr. reznikov standing somewhere in the evening with a soldering iron and riveting something there , and it is not necessary just to stimulate this the process of how to help private companies and the best city in ukraine to do this, ah, you know, in fact, this is already happening . what is being done now, and you, in fact , we can see in the production process how this production complex has changed, which is applied specifically in the directio

is a terrific partner and we need aircraft we need boeing and i think they're just suffering like allthe reasons i have loved southwest for so long is -- >> we appreciate that, by the way. >> one of the things that i feel there is an ethos and a culture and maybe because it is texas based, it is a mecca and you are a different kind of company. i think a lot of the stuff that happened is bad luck could happen to any airline because every airline tells me it could tell me about texas being a mecca for business. >> all the companies that are bringing headquarters and business in texas, right here in the north texas area it's very business friendly. we are a texas headquarters business love field is our headquarters and we love doing business here but very friendly business state and all are welcome. >> do you think that people -- i've been saying people are low money and short on time. do you think that stays? do you think a generation has been changed and they want to travel and see the world before it's too late. >> you know, it's really hard to tell where all this settles out. i do th

the view that you will get another hike from the boe.f inflation turns lower, you could get a reactive boe on the other. coming up, tesla raises some of its prices after shares slumped on first quarter results. we discuss that and get the latest. this is bloomberg. ♪ tom: tesla has increase the prices of vehicles in the u.s.. it comes after the company's shares fell following earnings and results. that was a slump driven by recent cuts to its car prices. joining us now is danny lee. i'm trying to catch up here. what's going on? is this a u-turn? what's the issue with tesla? danny: elon musk would loathe to call it a u-turn. it is some fine tuning of pricing. after a slew of price cuts these last few months, this is a price rise. small price rise, two to 3% on some of these premium models on sedans and suvs. 2500 u.s. dollars increased across the board for those particular models on the model last and ask. this comes after what was a pretty poor set of earnings when you look at ms. profitability. investors did not like the pressure on mar

sanction, which is a big step for the largest russian airline company , which has 178 airbus and boeing aircraft in its fleet. the russian minister of transport, vitaly zavyi, previously said that russia is trying to take advantage of iran's experiences to deal with the aviation industry. this news it has received special attention in the world media. euronews reported that for the first time , russia sent its plane to iran for repair due to the sanctions imposed against russia. germany also took it from it. the long-term experience of being sanctioned has tired the iranians' ability to repair parts. lift the plane, iran's car is about 90% self-sufficient for engine repair. for several years, young iranian engineers have been overhauling all types of aircraft engines in the countries, and let's do the rock from zero to a hundred meters above, which will be a great economic success of the country with the high accuracy that the children have, they are working that god willing, the application and the final stage and the plane will arrive without errors, without problems, completely done

it's just the latest problem for boeing is airlines rebound from the pandemic? but the industry faces a shortage of jets pakistan has announced financial support from the united arab emirates and china totaling 1300000000 dollars. giving the struggling south asian economy a shot in the arm as it seeks to meet conditions for the resumption of an international monetary fund. bailouts us retail sales fell more than expected in march. is consumers cut back on purchases of motor vehicles and other big ticket items, suggesting that the economy was losing steam at the end of the 1st quarter because of higher interest rates. shifting gears over to china, it's germany's largest trading partner outside of the e. u. and that's a fact, it's become controversial in the current government. just one reason why observers are closely watching this week's chinese visit by german foreign minister on a lena bear bach on friday, burbock warren bitching about as close as to russia and its plans for taiwan concerns shared by western allies like the u. s. which has raised trade restric

a cbs news investigation, how china built its own boeing 737. >> do you feel like they stole an airliner feel that way, i think that is a fact. ♪ ♪ >> norah: our tax series, how you can maximize your refund in a year where many of americans will get less cash back. >> so used to getting something back all of the time, and all of a sudden have to write a check, it's a rude awakening. ♪ ♪ >> norah: and meet an air force family flying into the history books. >> carrying hopefully the next generation bomber pilot, while flying sernic, was quite the memory. ♪ ♪ >> norah: good evening, and thank you for joining us on this busy tuesday night. we do want to begin with some breaking news from louisville, kentucky, where police just released chilling and disturbing body camera video showing officers responding to the deadly mass shooting inside a bank and taking out the killer appeared overnight, a fifth victim died. of the eight others wounded, three are still in the hospital, including a rookie officer who was shot in the head. in an emotional news conference today, the mayor of louisville said

>> to jim's point -- >> this was your stock summit sector pick. >> outside of boeing everything else makes helicopters and missiles and we've used things that fly and explode the last year to 18 months. it's just the reality of humanity we go through these phases you almost have a guaranteed source of command because of this rejigering of the world order, new alliances and the whole question japan, germany haven't really had to arm themselves in 70, 80 years. that's reflected in the breakouts in the individual stocks like lockheed martin, a new all-time high. the ita, new all-time high go down the list, every one of these stocks is on the verge of breaking out james, you had a question for me i saw your hand up >> he did. >> do you have to go to the restroom >> a point on boeing >> i was just about to mention that >> i heard you cover it on friday with the latest one step back news from the annual meeting that it ain't going to be as bad. two steps forward, one step back when they take that one step back, it feels so awful. my god, did i feel terrible on friday you handled it well. t