calhoun and what boeing seems to be doing?e you have a level of trust, if not devotion to them >> as we all talk, yes, there's a lot of trust and hope that this works itself out for so many different reasons it's a great asset to the united states manufacturing power sit a great source of commercial activity as far as airlines, as well as the state department or the defense department but the progress, as jeff mentioned, is what everybody has been waiting for what are you doing and when are you going to have it done by and so we've seen the management shakeup. we've seen the development of a plan a little bit of proof of the promise, which is important. and the issue will be financially whether they -- those delayed orders, and they have a huge backlog, as you know it all points to something positive that they've got to get past this perception, the media pressure that's on this, and with that, they've got to get some really strong communications out there the negative is reported every time something happens with an aircraft

. >> hey, carl dave calhoun, thank you for joining us this morning.ou heard the set-up there >> yep >> q1, big loss. >> yep >> less than the street was expecting, but you still burned through $3.9 billion in cash >> yeah. >> is this the bottom in terms of free cash flow and how much you're going to be losing per quarter? >> yeah, rather than address the bottom, this first half will be the result of a lot of dramatic action that we've taken in this factory to slow things down. synchronize all of our work with the supply chain, eliminate all large portions of traveled work, work that we did in our factory to take a nonconforming part from a supplier and turning it into a conforming part we've made some dramatic changes. we had standdowns. so, the cost in the first half will be real, but then we'll get back in normal order as we get into the second half >> how much different is the process behind you right now than it was 60 days ago, specifically in terms of the fuselages that you're taking from wichita, from spirit aerosystems? >> it's dramatic it's dr

ceo dave calhoun announced he's stepping down.his is a big and integrate company to not have a clear leadership or clear succession plan. >> i think they did have a clear succession plan and it changed stephanie polk was indicated to be the next ceo. i think that is changing in terms of an external hire, and that makes sense the way we're looking at it, that's the big catalyst we're watching i think once we get the new ceo, things will start to come. by year's end, it will be faster i think the investor favorite is larry cole so some uncertainty there. until that clears that's sort of the rationale why we think it will be choppy. >> if it does end up being an internal target, does that change your rate >> yeah. if it's an internal candidate, you'll have a more difficult rhetoric for sure, because i think the idea is you need to think about the process toward, you know, fresh start and a fresh look. >> i think a lot of people would like a fresh start, bert ceo dave calhoun is going to be coming up on cnbc to discuss earnings he'll

dave calhoun is going to leave. because we don't know what the new ceo, what his plan is going to be. dave calhoun can't speak for him. the challenge for people in the stock is trying to figure out who the next person is and what their plan is going to be. until you get the person in place, it is really hard to understand the story forward for boeing right now. sonali: we look forward to having you back on with us to make sense of all of this. george ferguson, thank you so very much. stick with us. we are going to talk about the reat expectations, and they are all over the place. this is bloomberg. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh >> should probably take the committee and the chair at face value. i think the best guess right now is three cuts this year. of cou

but this all comes at a tribute of time for boeing just 2 weeks ago the company see, oh dave calhoun and other senior executives said that they are stepping down after questions were raised about the safety of their airports in you may remember a door panel blew off and alaska airlines 737 macs in mid air. calhoun said that the incident was a watershed moment for boeing. a little more i'm doing now by just why is it the agent or listen host of the deep died image 370 podcast is good to have you with this. let me just ask you a watershed moment for boeing. what exactly does that mean? well, i mean it's one of a bunch of water said mom, it's really, i mean sure, i'll remember the 201-820-1977, max crashes that killed over 300 people. that was really, i think the, the, the penny dropped moment when a lot of people realize they may, maybe something's not so good with these plans. and then yeah, there's been, i mean, things aren't quite a doubt. someone. i mean, i think the people have the, those too awful incidents are sort of receding into people's memories when next door plug thing hap

we know that david calhoun is stepping down at the end of the year. had you a note out where you had a list of recommendations that you would give whoever the new c.e.o. is. after hearing what we heard this morning, what advice would be first on your list to the new c.e.o.? sheila: the first is walkway from financial targets. and focus on quality and safety. which is what everybody's saying. then take steps to get to a 737 rate to 38. but also i think you have to invest in your workforce. the workforce hasn't had the -- i.a.m. hasn't had a pay raise since 2014. they are in for a big pay raise. their negotiations are over the summer. september is the deadline for those negotiations to take place. then i think things move along steadily from there if you invest in the spirit facility. then you have five years of essentially no investment in new technology. in the 2030 time frame can you announce a clean sheet aircraft. there is a lot to look forward to at boeing. that's why we haven't cut our price target. this is a global duopoly with great products ac

c, e o dave calhoun, who made $33000000.00 in salary and bonuses in 2023. we'll step down from boeing at the end of this year. meanwhile, a poll earlier this month showed a majority of americans are willing to pay extra for tickets if it means avoiding flying on a boeing rob reynolds l. g 0. los angeles, with level food and security has got with for the 5th consecutive year. the global report on food crisis is splitting complex. uh, one of the main causes of hung up a hundreds of millions of people coming back and looks at the worst hedge countries . as the agencies that monitor food and security are sounding the alarm, it's not only climate change, but the rapid spread of conflicts around the world that's causing widespread hunger . the global report on food crises shows that last year, nearly 282000000 people faced acute food in security. that means their lives are in danger because they don't have enough to eat 700000 people in 5 countries or territories. on the brink of famine, catastrophic hunger and almost all of them are in gaza. the strips entire po

calhoun. he's served at the health center of tyler since 2002 and he is the longest serving acting president in the u.t. dr. calhoun's leadership has led the system through tremendous growth and unification. throughout his 22 years of public service, the institutions under his leadership have seen exponential growth, historic levels of giving to the community and the launching of the first medical school in east texas. he's helped expand academic research programs and forgeddive communication and helped with the enterprises of our system. he leaves behind excellence and service in our community. he's a hallmark in promoting collaboration and increasing educational opportunities and this milestone is a testament to his dedication, leadership and unwavering commitment to the east texas academic communities. congratulations, dr. calhoun, on 22 years. you'll be missed but not forgotten. i yield back. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentleman from califo

we spoke about that with dave calhoun this morning. >> it is more about whether it is low or not. wildly sporadic. we are trying to sync up our supply chain this will begin to steady as we get to the second quarter. and then it will be all about how many perfect uselages do we get from spirit. that will be the constraint an opportunity and i am confident we will get there. >> reporter: that raises the question, is this the ow for monthly production on the 737 max? not at 38 per month, well below that, wall street believes they will make progress and perhaps that starts in the second quarter. they are keeping free cash flow guide in terms of the guidance to hit $10 billion annually in free cash flow by the end of 2026. those are the reasons why, if there is enthusiasm for shares of boeing stabilizing, that is the reason why. >> there is enthusiasm for tesla with the stock soaring. often the case when talking about elon musk and tesla, not about the court of the numbers that the story line about what is coming up. >> reporter: he told the story. he told one tesla bowls are rallying

the plane—maker's ceo, david calhoun, didn't appear today, but lawmakers said they expect him to testifyunited airlines says it will receive compensation from boeing over the grounding of it 737 max 8 planes. united did not specify the amount it will receive in a us regulatory filing, it previously said it had lost $200 million this year so far. the planes were grounded after an unused doppler blue out of midair on an alaska airlines flight in january. —— door plug. us presidentjoe biden has called for sharply higher tariffs on steel and aluminium imports from china. he's expected to propose raising the rate from 7.5% to 25%. mr biden�*s remarks were aimed at pleasing steelworkers — a key voting block — in the swing state of pennsylvania. he also promised steelworkers he would block the sale of us steel to a japanese firm — which has been controversial. the us house speaker says he plans to include the tiktok bill in a package of bills that are being fast tracked through congress. lawmakers want tiktok�*s owner bytedance to divest its us assets or face a ban. the bill needs to go to the

the plane—maker ceo, david calhoun, didn't appear today, but lawmakers said they expect him to testifyus presidentjoe biden has called for sharply higher tariffs on steel and aluminium imports from china. he's expected to propose raising the rate from 7.5% to 25%. mr biden�*s remarks were aimed at pleasing steelworkers — a key voting block — in the swing state of pennsylvania. he also promised steelworkers he would block the sale of us steel to a japanese firm — which has been controversial. the us house speaker says he plans to include the tiktok bill in a package of bills that are being fast tracked through congress. lawmakers want tiktok�*s owner bytedance to divest its us assets or face a ban. the bill needs to go to the senate, and if it passes there, president biden says he will sign it. shipping companies across the globe are keeping a close eye on the conflict in the middle east. freight costs have already gone up significantly due to escalating tensions and volatile oil prices. those costs could increase further, if there's any disruption to the strait of hormuz. just last wee

the plane—maker ceo, david calhoun, didn't appear today, but lawmakers said they expect him to testifyd's biggest public food company, the swiss multi—national nestle, is facing a shareholder vote at its agm later on whether to increase its range of healthy food products. several uk advocates for public health have called upon shareholders to support a special resolution. in a pre—filmed address to shareholders, the company's chairman called upon them to vote down the motion and said nestle has always been committed to providing nutritious food and drinks. we have always been helping consumers make informed choices as part of a balanced diet. of course, this also includes enjoying moments of indulgence. our good chocolate, for example, from time to time and in a responsible way. however, a small group of shareholders led by the ngo, shareaction, wants us to disengage from indulgent products. they even want us to include this in our articles of association. this is wrong. it would restrict nestle�*s strategic freedom and limit management's ability to make decisions. mr bulcke mentioned

david calhoun has been summoned to testify on capitol hill next week over the safety of his company'sircraft. this follows the whistle-blowing claims around the dreamliner who said they used short cuts. boeing denies the claim. in a staemt adding, quote, the claims are inaccution inaccurat because of the comprehensive work done to ensure the quality and long-term safety of the aircraft. >>> there are two issues with delta. strong guidance may be too much to ask. analysts say delta is a leader in international and corporate travel but restraints could weigh on kacapacity in the comi months. joining me now with her expectations is aerospace and defense analyst at jefferies. sheila, great to see you. >> good morning. thank you very much. >>> let's start with delta. more than 20% upside on the stock. what are you seeing in the travel market that's giving you so much confidence. >> when we think about boeing, the pressuring capacity should be positive for the domestic airline industry. why is that? particularly on a 737, which is used for domestic travel versus the 787 which is the wide bo

caterpillar hitting a high after news departing boeing ceo dave calhoun will also leave the board ofo weeks after calhoun pledged to step down at boeing which is grappling with the most severe prices in years. santander hitting highs after it was raised to a buy. we will talk to ross gerber. he joins bloomberg technology next. the big conversation around tesla and elon musk and much, much more. that does it for "bloomberg markets." this is bloomberg. ♪ ♪ hi202 pounds on golo.e lost so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized. golo has impro

due to the increase in incidents , the company’s ceo david calhoun announced his resignation.in his footsteps chairman of the council. the lower house of parliament has formed the composition of the standing commissions, this week they have already announced the curators for each, and today their deputies and composition have been chosen. there are 14 standing commissions in the deputy corps, they include an average of 7-9 people, each is responsible for its own specific direction, from the national economy. in the meantime, the elections of delegates to the supreme council continue; today at the extraordinary congress of the federation of trade unions, 80 people were elected, they will be part of the meeting, become the voice of the people and will represent the interests of different layers of the population. nominees, leaders of trade union organizations at all levels, activists, honored workers of labor collectives from healthcare, education to industry and agriculture. the elections of delegates to the supreme council will last until april 10. were fixed in their jobs, bo

over the 4 years of calhoun’s effective management as head of the corporation, its shares fell in pricecompetitor of airbus, whose plant not only in europe, but in the state of alabama, operates at full capacity, on the contrary, for shares twenty percent growth. what's next for boeing? and how will all this affect the stock, which is down 35% this year? obviously, boeing is experiencing difficulties. the company is currently undergoing changes in management and is searching for a new ceo. by the way, the old director did not offend himself. 22.5 million dollars in 2022, 33 million in 2023. the growth in income of the head of the booing corporation was inversely proportional to the stock exchange dynamics of its shares and the level of safety of aircraft, the passengers of which are now... paid for all this, including their lives. valentin bogdanov, ivan udkin and evgeny samsonov, lead the usa. the us authorities will try to get the georgian government to prevent the law on new agents being considered in the republic from coming into force. the american state democratic party openly dec

air bus doesn't eat their lunch between now and then. >> let's pause for a moment and learn dave calhounuawk on the street" to discuss the company's results. that's tomorrow in the 9:00 p.m. eastern hour it's a cnbc exclusive you do not want to miss that. finally, lee, let's move on to hilton shares on pace to snap a seven-month streak of gains. my sue hoe expecting softer revenue per available room that's rpo what they call it noting higher income travelers and asia specific region as catalysts as the travel trend continues. what do you like or dislike about hilton, lee? >> all that news is out there about the return of high-end travel i find this is a fascinating stock. these little hotels that are around major universities, right? boring it's like a peter lynch chat bot is chirping in my ear saying, do you have a company that has a really -- something boring and profitable going on? i don't think this is about the return of business travel or high end i think this is about over 500 units that they're going to be adding to their 7,500 units that they have right now of these properties

serial incidents boeing ceo david calhoun announced that he will step down by the end of this year.he suspicious john barnett, who disclosed about the safety problems of the planes manufactured by boeing , added to the problems of this giant of the aviation industry . the lifeless body of barnett, who was boeing's quality control manager for many years, was found three weeks ago in charleston. the cause of death has been declared as suicide, but his lawyers consider it suspicious and want to investigate the real cause of death. from day one focus only on it was an increase in production. someone cares about things. in the name and memory of god, i greet and respect your presence, dear compatriots. for the next few hours , we will have rains in the western parts of our country, the slopes of the zagros, the height of the central alborz. during this period, the activity of this system is intense for the provinces of east azarbaijan and west azarbaijan for the next few hours . we request to avoid staying on the banks of rivers. that's it for tuesday. so in parts of the western range of

calhoun says he will step down to the end of the year. newshour, i'm miles o'brien to >> join us again tomorrow night for a a look at the rise of the four-day workweek as employers search for new ways to make their businesses more competitive and productive. that is the newshour for tonight. amna: on behalf of the entire newshour team, thank you for joining us. >> major funding for the pbs newshour has been provided by -- >> moving our economy for 160 years. bnsf, the engine that connects us. >> it was like an aha moment. this is what i love doing. early-stage companies have this energy that energizes me. these are people trying to change the world. when i volunteer with women entrepreneurs, it is the same thing. i am helping people reach their dreams. i am thriving by helping others everyday. people who know know bdo. >> certified financial planner professionals are proud to support pbs newshour. cfp professionals are committed to acting in their client's best interest. more information at let's make a plan.org. >> the ongoing support of

announced, but a golden parachute has been prepared for the head of the diving corporation, dave calhounbefore the end of the year, he would have gotten off with a slight fright if the shares had not also fallen down. boeing continues to fall and will probably fall over the next couple of weeks because we are so far away. fell by 35% this year. clearly, boeing is struggling. now the management of the peremena company is changing, a search is underway for a new general director. by the way, the old director did not offend himself. $22.5 million in 2022, $33 million in 2023. growth the income of the head of the corporation was inversely proportional to the stock exchange dynamics of its shares and the level of security. airplanes, whose passengers are now paying for all this, including with their lives. valentin bogdanov, ivan utkin and evgeny samsonov, lead the usa. we'll be back after a short commercial, here's what we'll talk about. died in the alps, resurrected in russia. german billionaire, karl erivan howe, who disappeared 6 years ago, could have fled to his mistress in moscow, and t

after these serial incidents , david calhoun, ceo of boeing, announced to the media and now we see the world closed according to the picture. allah is great or da'wa and nabi, allah is the most direct. we are reaching the end of the world today. good night goodbye. at 30:00, the engine cover of one of the wings of the boeing plane in the united states was separated , causing an accident while taking off from the runway. this plane had this problem while taking off from the runway at denver airport and had to return to the origin after taking off. in this incident, the passengers were not injured and the plane was taken to the hangar after landing. boeing has been widely criticized after the 737 max cabin door was torn off on january 5. according to customs statistics, the volume of foreign trade is negligible.

the onus is on boeing to do more and we have seen the ceo david calhoun will be leaving at the end ofan, who headed the commercial airplanes unit, will be retiring. is that sufficient? nicolas: those are words to live by. we should all be judged by our actions. i think those two leaders stepping down clears the way for change. i do not think there stepping down is sufficient. customers and airlines express frustration that these production defects kept coming to light and they did not see the light at the end of the tunnel what would be the behavior change. this opens the door to getting in front of what has been plaguing the boeing assembly lines. scarlet: people talk about this broken safety culture and culture is set by personnel so you need to change or personnel. we have stan retiring and there is a new head of the business, stephanie pope. she has been lauded for her performance. talk about what she needs to expand as she takes on this troubled unit. nicolas: i will say i think running the services business put her in touch with a lot of the logistics of maintaining and servicin

every detail that a ceo, dave calhoun, who made $33000000.00 in salary and bonuses in 2023. we'll step down from boeing at the end of this year. meanwhile, a poll earlier this month showed a majority of americans are willing to pay extra for tickets if it means avoiding flying on a boeing rob reynolds, l. g 0. los angeles. got experts here. this isn't aviation. i see joining us from here in doha. good to have you with us. we had enrolled support the safety expert saying that the flying public is in danger. the people are prepared to pay extra just to not fly on board. and i would imagine that so much of flying nowadays is based on the passengers trust. is there any indication that people are actually changing their behavior to avoid boeing? to be honest. no. and that is because it has always been the case and come ashore ideas and the passengers are predominantly driven by the same price that they all but from headlines. and i will also add that there is absolutely no logic at this stage. but passengers to be thinking that they need to consider avoiding entire buying costs p

however, its ceo, dave calhoun, step down last week.s faced increased scrutiny from the faa this year after that door plug blowout of a max 9 jet midflight. >>> the city of millbrae is pushing back against a project to convert a local motel into housing. county entered into a contract to buy la quinta in on el camino real last year using expected money from project home key. the plan was to convert the in the four housing for the homeless but millbrae is now suing to stop that sale. this is the county didn't follow the correct procedures to buy the motel and today city leaders and community members gathered outside la quinta to voice their concerns they say they're worried about safety and how the project could affect the community. >> has the county done due diligence to find out if they're going to do something that hurts millbrae economically, that they would have know that this is not the right location on that and they would have worked for us to find other properties that are vacant, unlike this highly successful hotel that had re

david calhoun's compensation rose 45% last year to nearly $33 billion.is their american business, we are more concerned about where the new boeing boeings released are flying now, and how not to get caught by them? boeing last year. produced 528 aircraft, the company is a monopolist in the american air transportation market, american airlines mainly buy boeing products, and booing also supplies its planes all over the world and competes only with sbas, but for example, major buyers of boeings are arab countries, in particular saudi arabia, the united arab emirates and others. against the backdrop of all the events , wisconsin senator ron johnson’s call not to stir up a scandal so as not to disturb the public looked rather strange, as if people lived in a vacuum and did not follow the news. by the way, according to a survey, 75% of young americans are already afraid to fly because of the boeing scandal. well, if anything, come to us are contacted. we have jets, great. thank you, it was konstantin churikov, about the congressional hearings on... let's cont

yet been announced, but a golden parachute has been prepared for the head of the diving corporation calhounon dollars in 2022 (33 million) in 2023, growth in income of the head of the corporation. was inversely proportional to the stock exchange dynamics of its shares on the level of safety of aircraft, whose passengers are now paying for all this, including with their lives. valentin bogdanov, ivan udkin and evgeny samsonov, lead the duty department. russian prosecutor general igor krasnov is on an official visit to venezuela, as a result of his trip, the conclusion of an agreement on cooperation between the two supervisory departments of the countries. the documents were signed today by igor krasnov and his venezuelan colleague tarek saab. the agreement will help jointly fight crime, to defend human rights and freedoms, and will also become the legal basis for the participation of venezuelan prosecutors in training events and for students of the republic to receive higher education at the university of the prosecutor's office of the russian federation. killed, but not guilty. in the ivano

the plane—maker's ceo, david calhoun, didn't appear today, but lawmakers said they expect him to testifyunited airlines says it will receive compensation from boeing over the grounding of it 737 max 8 planes. let's talk to murdo morrison from the aviation news site, flight global how deep are boeing's financial and cultural problems? this bowling is really facing a sea of troubles. this latest whistleblower is just the newest problem that boeing has had to face in the past five years. there was the crash and subsequent grounding of the max aircrafts. boeing feels it has aircrafts. boeing feels it has a robust defence against the specific allegation from the 77 product quality. on the 737, the max, it was just the door incident. they are waiting for the investigation and holding its hands up and admitting, culturally, in terms of its whole approach to engineering, it really needs to have a review on how does things. there is also reputational damage as well as presume. i was flying monarchy 737 maxes a few days ago and have to be honest, i was relieved when it landed. it was a very smooth

a special session of the un security calhoun was being held to address the western office of vice city if it was called by russia and is a like pulled moved punches about what he said. those shipments had resulted. the very least you wouldn't have the shade. so what you crane is now sending to you into a voice lead terrace states, thanks to supplies of west tomato, tennessee shelves, a long range missile. the korean armed forces are attacking civilian targets inside russia. everyone is aware of such crimes by the key of regime, such as the mode of generalized area do not. on the military correspondence, flatland, top task, the bombing of the crime in bridge on the shooting down of a plane carrying its own prisoners of war. however, the horrific terrorist attack can be crocuses. the whole shopping center on the 22nd of march occupies a special place in the series. summing up by would like to say the following. 12 west and tony. you have raised a month stumps. it's activity is no longer limited to ukraine way zalinski having ease up to power and suppress consent is committing the law on

over a series of incidents, including the boe out of a tool and a 737 max jet in january c o, david calhoun says it's focusing on addressing manufacturing issues and not profits out of sped takes. nope. now it's how the f, i make a fool into trouble of the 6 government safety investigations of boeing a craft underway, including a pro of why and how adults like fiction of a boeing 737 max blew out. she want to be asked to take off in january, in 20182019. boeing 737 mex a line is crest and indonesia and e. c o p killing 346 people. as a recent hearing safety experts told congress, the flying public is in danger. the manufacturing conditions the let's the to $737.00 max disasters also let's at alaska in an accident blow out accident. and these conditions continue. hundreds of people died and there's been no justice unless action is taken and leaders are held accountable. every person stepping a boarding, boeing airplane, is a risk aviation safety expense, say boeing's upper level management. prioritize the speed of delivering its products of a safety really what's needed is the cultural chang

the company's share price has fallen 27% and it's looking for a new ceo after chief executive dave calhoun'sire towards the end of the year. here in the uk, a third day of rolling strike action by train drivers will hit commuters today. these are the nine operators which will have services disrupted, including the gatwick express to and from london victoria. passengers are being advised to check what's running before they leave home and to make only necessaryjourneys. something we've said many times this year is it is a big one for general elections. well, campaigning is well under way in mexico with the first presidential debate taking place last night. the general election is in june. in a country renowned for its machismo image and its high levels of gender—based violence, it may come as a surprise that mexico's next president is almost certain to be a woman. the two women leading the polls are claudia sheinbaum, backed by the incumbent morena party, and senator sochital galvez, who is a fierce critic of the current government. so, what can we expect? live now tojimena blanco, chief analy

. >> calhoun was going to be -- in or around the time he was going to at the -- we really focus on, going is a great opportunity here is a portfolio manager to earn it, the backdrop and fundamentals of the industry, travel is being set to outpace global gdp. all things being equal, we continue to do that and boeing is well-positioned to benefit. >> great to see you. >>> coming up, juicy details, we will get a little bit of insight. from a consumer facing ceo of the impact of stubborn inflation. inflation. we are back in two [alarm bee. ng] amelia, turn off alarm. amelia, weather. 70 degrees and sunny today. amelia, unlock the door. i'm afraid i can't do that, jen. why not? did you forget something? my protein shake. the future isn't scary, not investing in it is. you're so dramatic amelia. bye jen. 100 innovative companies, one etf. before investing, carefully read and consider fund investment objectives, risks, charges expenses and more prospectus at invesco.com. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant

the company's ceo who is ending by the end of this year, dave calhoun, says we need to strengthen ournt systems and this work will position us for a stronger and more stable future. the doj has opened a separate criminal investigation into the january blowout on the alaska airlines flight. stuart: stuart: if you like the dow 30, see if that is true. the stocks that make up the dow industrials are in the red and there's selling across the board. a new yorker who lived here his whole life until now, stayed out of politics but says it is so bad he can't stay quiet any longer. ♪ ♪ everybody wants super straight, super white teeth. they want that hollywood white smile. new sensodyne clinical white provides 2 shades whiter teeth and 24/7 sensitivity protection. i think it's a great product. it's going to help a lot of patients. during my entire life i have been somewhat of an outdoors person. golf, gardening around here. how can i stay out of the sun? so about two years ago i was diagnosed with basal cell carcinoma. when they discussed the mohs surgery on my face, i was not really a fan of

don't miss cnbc's exclusive interview with boeing ceo dave calhoun tomorrow at 9:00 a.m. >>> the ftc is suing to block tapestry's $8.5 billion it takeover of capri holdings. that would put coach and michael kors and kate spade under one roof. the ftc says the combined company would harm shoppers and employees. tapestry and capri say they will fight for the deal to go through in court. >>> reuters reporting that china recently got access to banned nvidia super chips. the chinese universities and research institutes got access to the chips through resellers despite the u.s. expanding the ban on the sale of the technology to china last year. nvidia tells reuters there is no indication of any of its partners violating export rules while super micro and dell say they are investigating further. frank. >> zsilvana, thank you. >>> we have more coming up, including the one word investors have to know today. first, we get you ready for u.p.s. results due out in 0 min 30 minutes. we will ask what brown can do for you. >>> and the big money movers and double trouble for steel producers ahead of

to slow down production as it faces heightened oversight by the faa for its part, boeing ceo dave calhounhe time necessary to strengthen our quality and center management systems and the work will cost for a stronger more stable future. the d.o.j. is separately investigating possible criminal charges related to the january blowout on the alaska airlines. >> what a story. you are always terrific, thank you so much. it's good to see you. let's welcome to the show congressman eric burlison from has transportation. sir, thank you for joining us tonight. your reaction to the report? boeing whistleblower recently broke out saying he is worried planes could pull out of skype mid air. he would not put his own family on a boeing plane. how concerned are you? >> i think we should all be concerned about the impact, diversity equity and inclusion are having. let's take and hold at boeing and boeing is it its pursuit of diversity, equity and inclusion and lost sight of quality stock metrics and lost sight of safety and performance and profitability this is just a result of failed experiment that is di

we asked dave calhoun some questions. and yeah. there are mixed emotions. stock opened at 176. that was more than seven bucks he had yesterday's close. despite that the uarter was truly nothing to write home about. and no real sense. in a good market boeing stock would build on that advance. in a bad market appear let's come and go straight down. the letter is exactly what happened. i needed to get ahead of the people who were buying when boeing openhearted. they didn't care who bought it, and they thought picked off. they are no natural sellers. i see stocks like that all over the place. real landmines everywhere you look. take new corp. which we had on last night. told a good story about how this company miss the quarter. he will be able to straighten it out fairly soon. but, he said the next quarter will be even weaker. too many buyers agreed with me. nucor stock opened at 175. but, then like boeing the stock. waited and felt 172. the quarter was truly disappointing. only a treacherous market has that kind of action, and i don't like treacherous markets. finally, we had our

as we mentioned, calhoun not running for re-election on the board of caterpillar.ains holding here at the open. s&p is up about 21. dow is up almost 80. watch bonds as well. not so much data today after the jobs number, but plenty of fed speak yet again. collins already on the tape, barkin, logan and bowman. >> they're paid by the word. these people must be paid by the word. >> before we get to the end of the day. ten-year off the morning highs. we'll be right back. ♪ ♪ engineered to minimize noise. and built for adventure. which can also be your own quiet cabin in the woods. the fully electric q8 e-tron. an electric vehicle that recharges you. how we get there matters. >>> joining us outside the white house today is national economic council director lael brainard. director brainard, great to have you back. good morning. >> good morning. >> we've covered the headline number quite a bit, but i have to imagine you're happy, not just with the annual age growth, near a three-year low, but participation highest since november. >> yeah, i think this is a really very enc

john calhoun sought south carolina's lead in slave holding voice in the senate captured. the political significance of the event. here he said in congress, there's but one question that can destroy this union and our institutions and that is this very same slave question. within two years congress would pass a new fugitive slave law. ten years later. black wilderness artists and members of the black community of philadelphia and harrisburg, pennsylvania played a critical role in the release of a man with the interest. a black man with the interest, the name of daniel webster. at the time, webster was living with family in harrisburg, where was arrested on a warrant issued by a local commissioner. webster was accused of escaping from his owner in virginia five years earlier. words of his arrest was telegraphed to friends in philadelphia and a number of opponents of slavery in the state house of pennsylvania began in search of witnesses, testify in webster's behalf. five african-american witnesses traveled from harrisburg, including in the 60 year old dr. william jones and

balances are already in the $45 billion range that wouldn't be positive from that perspective but dave calhoun is leaving, not because of anything he's done. the former management no longer is at boeing i think what we have to take back -- department of justice investigations do take a long time some companies in our coverage of that, a decade of doj investigations who this is tied to on a criminal basis is very hard to leave it up to top management. we've seen plenty of turnover on the program manager lens, whether the 737 max or the 87. i think as senator blumenthal said, to pin it to somebody is just going too far ahead we do see these criminal investigations and these doj investigations last close to a decade sometimes. >> sheila, thanks. >> thank you >> tim, how do you think it will play out >> a crowded bingo card, which i know you play a lot of bingo, mel, equates to a lot of pressure on the stock. it doesn't necessarily change where free cash flow claims to reaccelerate by the second half of next year i agree with her view on free cash flow for this company i remind people that boeg's

500 up 13, boeing reported a double beat, the jet maker $4 billion in the most recent quarter, dave calhoun737 max production will slow the plane maker's recovery but they're doing everything they can to make sure regulators, customers and employees and the flying public are 100% confident. earnings begin tonight meta after the close tonight and then alphabet and microsoft reporting tomorrow after the close take a look at the stocks up across the board this morning boosted the nasdaq, er joel shulman great to see you do you see the euphoria around tech etf's what is your reaction to all of this. >> this week the last week was a tough week in tech and overall the markets, this is a big week, 25% of the russell 1000 road coming out in the next 24 hours and we had tesla this morning, after hours yesterday so it's way up in announcements i think it would be the big winner is looking strong premarket, the earnings dominate a lot of people might not realize they have 3.6 billion customers around the world, 77% of all the internet users use a made up application. so they are well-positioned long-t

race, regard to the south, john calhoun and others did not believe black people had equal rights, sostified the system of slavery on that basis. and it's pretty clear that a lot of americans historically have wanted to regard our nation as a white, protestant nation. they believe that's what the founders wanted, even though it's definitely not what the founders wanted, and i think it's possible to record in practically every generation a significant number of whites who are suffering what sociologists call status anxiety, that believe that the culture that they know, and the culture that they support, and that it's about them is being changed by the influx of immigrants, by granting rights to blacks and other minorities, and to women, that is not the america they thought they were in. and a lot of this "america america make america great again" let's go back to when these groups didn't have all these rights, and were not pressing for equality not just of rights, but in the way they are treated in the increasingly diverse american family. >> let me get you one one more thing, bob. you