. >> boeing says it has solved the battery problems that beset the 787 dreamliner. >> well, first up, a two-day meeting of eu leaders has been drawing to a close in brussels, and there have been some serious and divisive issues on the agenda. >> not least, the question of if the eu should abandon its arms embargo in syria and start providing military support to the rebel forces fighting against the regime of bashar al assad. >> both britain and france say the time has come to get more involved. it is a position that could lead to a major rift in the eu. >> he is prepared to go it alone. the french president was unequivocal in his comments over farming syrian rebels, with or without his partners. >> there could be one or two countries who want to block this move because they are reluctant. and i cannot speak for any other country than france. france will accept its responsibilities. >> britain has also indicated it would consider forming the rebels, but there is resistance from others. -- consider farming the rebels. >> i am against it. i do not think you can solve a conflict by delive

offusion over the safety the dreamliner. boeing says it is ready to fly again soon, but japan assists -- insists it is not. evidence has emerged alleging that congolese government soldiers have raped more than 120 women in the past 20 months, and that does not include cases that go unreported. hundreds of sexual assaults have been reportedly carried out by troops and rebels. government forces have been east in congo in large numbers since 2008, joining forces with rwandan troops to tackle the democratic forces for the liberation of her wanda. the fdlr. congolese troops have failed to defeat them, and since last year, a rebel group has arrived in eastern congo, presenting forces with another challenge. there are other atrocities. human rights groups have raised concerns about sexual violence as a weapon of war. rape iscountry where used as a weapon of war, this woman's story is a common one. she was out collecting food and would when she was raped by congolese soldiers. i don't know who to blame, i am just worried because i a

it has approved boeing plan for fixing the dreamliner battery system. that plan calls for redesigning the lithium ion batteries, redesigning the case that holds the battery unit, and also calling for great er checks, if um, so that the crews that work on the dreamliner will be able to better monitor if there are any problems with these lithium ion batteries. there are going to be two dreamliners that will be going up for test flights. and there are specific test criteria that boeing will have to meet before the faa says you know what, we think this fix works, we approve it, all completely across the board, and then eventually you see those fixes put into the 50 dreamliners that are already out in service or were in service that are now grounded. so the bottom line is this, melissa. over the next several weeks there are going to be a number of test flights. there's going to be other test that's are done. the faa will look at that data and then determine yes, these fixes actually do work. and then once that happens we could see the grounding of the dreaml

the company claims it has nothing to do with the dreamliner nightmare. a decision is expected this week in the johnson & johnson hip implant case. loren kransky accused johnson & johnson of metal poisoning from a hip implant he received in 2007. his attorneys wants $5 million for pain and suffering and up to $179 million in punitive damages from the company. they claim j&j knew the hip was defective. j&j denies it and says his injuries existed before surgery. detroit is in a finanicial 911. the governor of michigan declared detroit a "fiscal emergency" friday. motown is reeling from a mass exodous of residents, which translates into less revenue to run the city. the governor is expected to name a manager to take over the city's finances who will likely make severe cuts to services and lay off workers. we spoke with nolan finley, a columnist with the detroit news: "the main criticism - and it's not an illegitimate criticism - is that it amounts to a loss of democracy. you have one of the major cities in america now that doesn't have a democratically-elect

despite the ceo's optimism, it is still not clear when it will end. >> the 787 dreamliner was grounded on january 16. there have been several incidents in which the battery caught fire. since then, the new aircraft has not flown any passengers at all. the plane maker, boeing, is paying a heavy price for the flaw batteries. every day the planes is on the ground costs the company billions of dollars, but it is now led to carry out test flights with redesigned batteries and components. >> i have a high degree of confidence that that data will tell us and will tell the faa, who are the decision makers here, that the fix is what we need it to be, and we will get this airplane back in service in due time. >> even if they do that, the dream minor -- dreamline could be limited to fly to the wheel of hours or less. the federal aviation administration is concerned the new batteries might not be able to withstand longer flights. that would rule out overseas routes, and that is exactly what it is designed for. >> in a moment, we will be saying how christians are marking good friday around the worl

federal aviation administration before the dreamliners can go back in the air. japan's transport safety board is also investigating problems with the jets, but officials haven't determined why the batteries overheated. a the japanese government has endorsed legislation to join an international treaty on child abductions. the hague convention sets rules to allow children from failed marriages to be repatriated in the event one of the parents takes them to another country. the cabinet endorsed the legislation on friday. the bills addressed the issue of children taken to japan by one of their parents without the spouse's consent. they give authorities the power to take custody of a child if the parent refuses a repatriation order issued by japanese court. but legislation would also allow a parent to refuse repatriation if the child has stayed in japan for at least one year. and has adapted to the new environment. exemptions could also be granted if the child is likely to be abused by the other parent. a the u.s. government has been urging japan to join the hague co

the dreamliner has been grounded for seven weeks and cost an estimated $350 million. laura, back to you. >> thank you. have a great day. >>> 4:47 right now. we check back in with christina loren telling us about a chilly start to the day. are we going to warm up a little bit? >> a little bit. not by much. the rain will come in for the evening commute. quite the contrary from yesterday. this morning you are looking good. winds have dropped off. it's chilly out there. cold enough for black ice to form. watch out for that especially in the north bay where temperatures are just a few degrees above that freezing mark. with he do have showers on the way. they are going to take their time. it looks like we could see a good dusting of snow. all of the way down to 2,000 or 2,500 feet throughout the morning hours. this morning spotty activity especially up in the north bay but overall the bulk of the moisture still sits offshore. this will move in through 10:00, 11:00. let's take it to future cast and talk about what's to come for today. we stop the clock at 9:00 a.m. we'll rem

despite the ceo's optimism, it is still not clear when it will end. >> the 787 dreamliner was grounded on january 16. there have been several incidents in which the battery caught fire. since then, the new aircraft has not flown any passengers at all. the plane maker, boeing, is paying a heavy price for the flaw batteries. every day the planes is on the ground costs the company billions of dollars, but it is now led to carry out test flights with redesigned batteries and components. >> i have a high degree of confidence that that data will tell us and will tell the faa, who are the decision makers here, that the fix is what we need it to be, and we will get this airplane back in service in due time. >> even if they do that, the dream minor -- dreamline could be limited to fly to the wheel of hours or less. the federal aviation administration is concerned the new batteries might not be able to withstand longer flights. that would rule out overseas routes, and that is exactly what it is designed for. >> in a moment, we will be saying how christians are marking good friday around the worl

eight straight days in an increase. >>> the dreamliner is a little closer to getting back in the air this morning. the faa is giving boeing the green light to test its solutions for the lien's battery problems. all 787 jets have been grounded since mid-january when batteries on the two planes overheated. it's still not known whether dreamliners can start carrying passengers once again. >>> a million more general motors cars may be added to a brake light recall. the lights may not come on when the pedal is pressed on some older chevy malibu and saturn aurares or may come on for no reason at all. gm chased the problem to the wiring connector. >>> the twinkie has a new owner. sold to two investment offers. the sale still needs bankruptcy court approval. the buyers hope to begin restocking shelves by this summer. hostess products have not been available since november. >>> google is admitting to a drive-by privacy breach. the search giant will pay $7 million to settle complaints that it collected personal data at its street view cars mapped it will be? and d.c., google will sponsor a cam

boeing has orders for 800 787 dreamliners.na says it's confident the problem can be resolved. >>> groupon is looking for a new chief executive. the online daily deals pioneer fired its quirky founder and ceo andrew mason on thursday. the company is facing scrutiny that its business model is flawed. groupon's stock plunged 24% on thursday to $4.23 a share on disappointing earnings results. the stock has lost three quarters of its value since it went public two years ago. >>> and it's not remaking formal education yet, but apple's itune u has reached 100,000 downloads. they provide books for free. more than 2,400 universities and k through 12 schools own itune's u courses. m more than half of the downloads are outside the u.s. i wonder if you get a diploma with that from itunes u. >> i'm sure you can make one up if you text one to yourself. ashley morrison here in new york, thank you, ashley. >>> the question anyone might ask on interstate 80 in reno nevada, is would you like fries with that ketchup? a truck hit a bridge on thur

up next on "money," what dreamliner nightmare? pushing stocks to a four-year high.ll tell you what the airliner may see clear skies ahead, plus advertisers everywhere milk march madness even if they are not official sponsors. i think it doesn't make a difference, but top marketing expert says i am way off the mark. piles of "money" coming up. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ melissa: boeing said they have fixed the problems and plans to be back in the sky in a number of weeks. who knows if people actually want to travel on one of these flying firebombs but the funny thing is investorsdon't seem t

that is the dreamliner's burnt battery.e my toaster. >> looks like a toaster, there you go. this scares people of course therr are safety issues. but again they don't know what the precise cause for the outage or the fire. one was a cell in the battery burning down. now here is what the company is saying quickly. they're saying we built ventilation systems, thermal and electrical insulation system to redivert the smoke and heat outside the plane if it catches fire again. the thing is, you have to calm down wall street. they want to know what caused the fire in the plane in japan. was it an electrical current surge? and can they stop it with this new battery? that's what coulddweigh down the stock though the stock is at a five-year high. there is still selling a lot of planes. there is the report out they may sell $15 billion or more worth of planes to ryanair. lori: you have boeing and airbus selling airplanes. there are only two of them. they have a hefty market share to enjoy. >> boeing's earnings from the commercial airp

. >> two months have passed since the grounding of boeing 787 dreamliner and the announcement expected soon as questions on the safety of the plane continue. >> in santa cruz the beachside community is ready for a final community is ready for a final goodbye for two fallen police [ male announcer ] with citibank it's easy for jay to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. >> from the live from the kgo-tv broadcast center this is abc7 news, good morning, everyone, i am katie marzullo here for eric thomas. >> i am kristen sze. we have full coverage on the santa cruz police officers' memorial but right now we will get you started with the weather forecast. mike? >> there are showers offshore but the key is they are offshore. here is live doppler 7 hd, we wi

boeing representatives say they have delivered 50 dreamliners to eight airlines around the world. about half of the planes are in japan. >>> people with bank accounts in cyprus are worried, angry or both. big depositors will suffer big losses. we have more from the business desk. what's the situation? >> it's a prerequisite for a bail out plan. people with more than a certain level of money in the bank will have to forfeit some of their deposits. on monday an appeal was made to the public. he hopes the agreement will save hids nation from financial failure. they agreed to the plan. it shuts mediterranean's second largest bank. following the agreement there was a tell televised address. the agreement rules depositor of more than 100,000 euros or $130,000 will have to take losses and deposits of more than 100,000 euros at bank of cyprus will be frozen. all banks have been closed since march 16th to avoid a run on deposits. they will stay closed until thursdays. they fear the bail out plan may end in confusion. >>> russia's leaders are backing the eu bail out for cyprus. they say the

boeing is launching test flights this week with its dreamliners. yesterday a 787 took off for a two-hour flight. the jet maker is trying out new lithium ion batteries on board. data from monday's flight as well as future flights will be submitted to regulators. the faa grounded the aircraft back in january after the batteries overheated on two separate jets. the chicago tribune reports boeing is losing $50 million per week as dreamliners sit on the ground. refund realities. american express finds fewer taxpayers expect refund checks this year. only 59% think the "check's in the mail," down from 64% in 2012. 19% say they will owe the government cash, up from 13% last year. the study also found more americans who do get a refund plan to use it to pay down debt or put money into savings. still to come, with interest rates at record lows, how traders are making money in the bond market. that's later on. but first, some younger shoppers are evolving past credit cards. could the lack of plastic hurt their financial future? that's next with bill moller. n

. >> we expect new details on the grounded boeing 787 dreamliner. this morning, the national transportation safety board is giving an update on the investigation after battery fires aboard two 787's. bowing is waiting for the f.a.a. to clear their proposed "fix" for a battery problem. the f.a.a. will not give the grown lights to fly until they are sure the batteries are safe. the boeing 787 dreamliner was grounded in january days after making its debut. >> someone in the east bay could be waking up a multi-millionaire. a super lottery plus ticket with six correct numbers was purchased in walnut creek at a shell station at heather farms and worth $33 million. the numbers are: 1, 2, 3, 22, 34, with mega number at eight. when the winner claims the prize it will take six to eight weeks to seat money. >> mike nicco could frequent that neighborhood from time to time. could he be the lucky dude? >> mike in my wife is the lottery buyer. >> we have shower activity right now. over the last hour you can see this is moving from southwest to northeast, so headed

took flight today after announcing improved safety features for the lithium-ion battery on its dreamliner. the certification tests are well under way, and boeing expects that will be weeks, rather than months, before the plane is back in service that boosted investor confidence in boeing and the dreamliner. shares surged more than 2% today, touching a new 52-week high before closing at $86.43. >>> well, a different story for carnival cruise lines. shares fell, even though it reported better than expected quarterly earnings. investors focused instead on reports of more operational problems on another carnival cruise ship. the carnival dream's caribbean cruise was canceled because of a generator malfunction in st. maarten, and all passengers are being flown home. carnival cut its earnings forecast on lower bookings in asia and europe. the stock fell two points. >>> a number of companies trading more heavily than usual at the close today. it is the quarterly rebalancing of the s&p 500. at&t, pfizer, and exxonmobil had sizable buybacks during the quarter, and all of them are down today, as yo

up next on "money," what dreamliner nightmare? pushing stocks to a four-year high.l you what the airliner may see clear skies ahead, plus advertisers everywhere milk march madness even if they are not official sponsors. i think it doesn't make a difference, but top marketing expert says i am way off the mark. piles of "money" coming up. úúúúú traffic noises may0i0walk you acrossp the street?ú thanks.ú ♪ hold0my hand0 ♪ melissa: boeing said they have fixed the problems and plans to be back in the sky in a number of weeks. who knows if people actually want to travel on one of these flying firebombs but the funny thing is investors don't seem to care at all, in fact boeing stock has risen more than 10% since the dreamliner was grounded in mid-january. here for more on this is senior editor. they give for coming back on the show. >> "flying firebombs?" melissa: there has been a lot of the fire. it is a little bit like a bomb. >> their job is to store a vast amount of energy, so they have a lot of history of fire problems and things like that. melissa: this thing is doin

keep an eye on boeing and the 787 dreamliner.ucting a two hour check flight of the dreamliner. all appears to be going we so far. later this week, it will conduct another flight test on proposed fixes to the plane's lithium ion batteries, the biggest problem, and a clean bill of health could bode well for the stock. by the way, even with the dreamliners rouble, stock up 12%, out doing the s&p 500 this year, by the way. the central intelligence agency is financing and backing a major arms air lift to the syria rebels. according to a new report, it's a big escalation in u.s. aid to take down the assad regime. is it enough to end it once and for all? if it does, what blow back could we face from this? to make sense of it we're joined by founder and president of the islamic american foreign policy. >> thank you, nice to be with you. sandra: the air lift, all encompassing the parts the middle east and turkey including assault rifles, machine guns, rocket propelled grenades, antink weaponry. do you believe with what you know of the sit

boeing says a two hour test fly of the troubled boeing 787 dreamliner went according to plan testing the newly redesigned battery which was an important first step for the company to convince safety regulators to put the dreamliners back in the air. 57 have sat idle since batteries caught fire on two planes. >> good news for those who hate to power down ipads and readers during take offs and landing, the f.a.a. will scale back the regulation this year. the f.a.a. studies show the devices do not interfere with cockpit instruments but the change would not include cell phones which still are banned for take off and landing. >> this morning, we are learning more of the british teen who struck a multimillion deal and a new job with yahoo. meet a 17-year-old who just sold his free iphone app to yahoo which automatically summarizes news stories for small screens, the deal worth $30 million, but yahoo will not confirm that. it is said to be part of the efforts to attract new engineers who focus on services for smartphones and tablets. that is why she offered him a job. the whiz kid taught hi

boeing says it's "deeply regretful" over the grounding of its dreamliner. the aircraft maker publicly apologized to all nippon airlines and japan airlines employees this week. both airlines have lost millions in revenue after the faa grounded the fleet. ana plans to seek compensation from boeing. the company says it's still researching possible solutions to get the dreamliner back in the air. europe is attempting to rein in banker bonuses. under a proposal drafted in the european parliament, bonuses for europe's financial industry may be limited to the level of an annual salary. some officials blame large commissions as a driving force behind the financial crisis. bankers became more willing to take on risk for larger payoffs. the proposal calls for a shareholder vote to allow extra perks at the end of the year. the u.s. is in for a natural gas boom in the next few decades. shale-rock formations are expected to provide a source of natural gas through 2040, according to a study by the university of texas. the surge in production should keep prices at moderat

stuart: it's over the dreamliner-- over the dreamliner problem, but investors think they'll get it throughve made it through there. stuart: and i'm fascinated by a big name company that get in pr or mechanical trouble with the the products and bounce back and that's the classic story of toyota and now boeing. the dow is up nearly 40 points and puts us at 14,335. all right, thursday morning,here comes your seven earlies starting with a disappointing forecast from pet smart and that's down. >> 7% down. hertz says three of its biggest stock holders are selling. not hurt the stock though, it's up 16 cents. time warner decide today spin off its entire time, inc. magazine group. the market likes it it, 55 bucks. shoe carnival, is that the name of a company? shoe carnival, never heard of them. shoe carnival lowered fourth quarter profits down 18 cents. skiers returning to the slopes and reports profits up, 60 cents a share on vail. doing okay, boeing dreamliner got that one. 80 bucks, not long ago at 72. and costco, that stock is up 103 a share. to the big board, we're still up there. 14,330. an

. >> neil: the dreamliner might be ending this batter are nightmare. the faa just approved boeing's plan to fix 787 dreamliners' fire prone batteries. the one that would mysteriously ignite. the company has a plan to test them and make sure nothing happens because that would be a. and that's a big, big hurdle out of the way for boeing because this has been stalled for government examination. so a green light for boeing to get the battery thing fixed and get the dreamliners back online. >> students are ready to ditch the books for the beach. spring break is almost here. exactly where is everyone headed? on this stunningly important business story we want to keep you on top of the develops that matter. travel expert, gabe, with the latest hot spots. it's branched out considerably from when i was in school, where a weekend the cat skills would suffice. >> the popular ones are the beaches. so head for places like south texas, miami, florida, internationally speaking, the caribbean and mexico are actually offering great values. we're on the tail end of peak

the 7-8-7 dreamliner fleet has been grounded since mid- january.after two battery- related fires. check how its redesigned lithium-ion batteries work. the f-a-a approved the new design, but boeing has to prove the batteries are safe. a new study says that parents are feeding their babies solid food way too early. the study was released today t says that for percenttoday r3 solid foo number foo numbhe saturday night's 338-million dollar powerball jackpot to someone in ne jersey hav lottery officials say the winner has a y come forw prize. a reminder -- you catch right here on kthe o-m-g insidet by entert at here's stanley roberts who found some people behaving badly. >> how are you doing? the reason why i stopped you is because you are in the carpool lane no matter how many times the chp goes out looking for carpool cheat they find them this woman tried to jump back into the non carpool when she saw the officer and was immediately flagged over i'm out with officer moore of the hayward office of the california highway patrol, now normally officer moore would be out on his motorcycle

the grounded dreamliners have already cost the aircraft-maker around $450 million. general admission tickets to this summer's lollapolooza sold out in a flash. the rock and rap event starts august 2nd. just before tickets went on sale tuesday, lollapalooza promotors tweeted, "if you want a 3-day pass to lolla 2013 you better act fast, we're just saying..." about an hour later the early bird $200 general admission tickets were sold out. vip tickets were still available. trader dan deming of stutland equities says it's a classic case of what happens with a hot commodity. "this is a classic case of high frequency trading. basically what it appears to me to be is you've got a combination of scaplers - the allotment this year was 8 tickets - that seems to be bigger than previous years, you've got people opening multiple browers, you've got some algos out there that i believe are out there and trying to get into this market because they know it's an under- priced market." dan was fortunate to grab a couple tickets. the $200 lollapalooza tickets are already popping up on s

. >> and boeing 787 dreamliner has been stranded for two months and we learn when the jets will turnthe skies. >> and a popular twitter feature that could >> it is 5:51. now a look from the embarcardero camera looking across the bay. the bay bridge there you can see it better because it is not so foggy or cloudy. but a big change is creeping into our weather forecast. mike nicco will talk about that in a moment. >> you will have another option to get around the bay area because of a bike sharing program. there is an agreement, now, with the bicycle share, a $7 million pilot program. starting in august cyclists can pick up and drop off bicycles at 70 different locations between san francisco and san jose. the cost has not been decided yet but a similar program in washington, dc, charges $75 a year. >> the upcoming spring bake is leading san francisco muni system to reduce service while students are out of school part of a new strategy that they first tried over the holiday season in december when fewer were using the city buses and trolls. they will reduce frequencies on a dozen route

. >>> a boeing 787 dreamliner took off to the air on monday for the first time since january.he flight from its washington airfield was just a test of the jet's redesigned battery system. the entire fleet was grounded because of trouble with batteries on two different dreamliners. boeing has added more insulation and better ways of preventing overheating. >>> america has four living former presidents, and they are still on the u.s. payroll. last year taxpayers spent $3.7 million on presidents george w. bush, bill clinton, george h.w. bush and jimmy carter, and that does not include what the secret service spends protecting them and their families. >>> women may be coming down to earth when it comes to their footwear. a new survey finds that 62% of women are giving up those super high heel shoes in favor of more comfortable ones. sarah jessica parker of "sex and the city" fame is once again a trend setter saying those stilettos have done damage to her feet. are you going to give yours up? flats for you? >> i've always had flats. every once in a while stilettos but not a trend f

one airline ceo says he has full confidence in the dreamliner, but he is concerned about something elseimpact of th

at that time the japanese pulled the dreamliner from service, what seemed like a totally intractable problem. mind you, this was just when we realized when the republicans weren't as concerned about the sequester as we thought, were willing to let the cutback of the military spending happen. but i still felt wow, this one's got to go lower. with the stock hanging in the mid-70s, i figure what a break, i can get out of boeing. get into something else less risky, which by the way i did. that doesn't really matter right now. sure enough, the trust, which is comanaged by stephanie link, who is also a contributor to cnbc and which you can follow along at actionalertsplus.com, a website devoted to show you where we are doing and what we're going to do before we do it, the trust got a great price on the boeing. and soon after the stock dropped a dollar, whoopie! typical pattern, right? no seller's remorse on our part. just victory! ever since then, what's happened, first the airliners, they found more smoking batteries. oh, man, that's bad, right? second, the transportation department downg

going one step closer to getting the dreamliner back up in the air. what's next for the test flights. >> how you can get your hands on some whiskey created by george washington himself. > >>> san francisco police say a missing service dog taken from his sleeping owner on a b.a.r.t. train was found yesterday five days after he went missing. an anonymous tip led them to a home in san francisco where they found a small pomeranian. they checked his microchip and confirmed it was little archy. police interviewed the people in the house and charges are now pending. >> 5:24. boeing says a test flight of its 747 dreamliner went off without a hitch. the plane took off for a two-hour test flight with its redesigned battery system. the dreamliners were grounded in january after a battery caught fire on one plane and started smoking on another. the company has added insulation around battery sells and a steel casing. workers will analyze test data to see how they faired. >> b.a.r.t. riders can expect a longer late-night commute. they are making changes to their s

and the problem that is plaguing the dreamliner what the faa approved [ female announcer ] now get highnternet at home on our newly expanded advanced digital network, a connection you can count on. at&t u-verse high speed internet offers more speed options, reliability and wi-fi hotspots than ever. call at&t now to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. it's the fastest internet for the price. our newly expanded advanced digital network gives you more of what you enjoy online. and with at&t, our wireless gateway turns your home into a private wi-fi hotspot that connects your wi-fi devices and can even save on your smart phone data usage at home. so call now to get at&t u-verse high speed internet for just $14.95 a month for 12 months with a one-year price guarantee. that includes access on-the-go to our entire national wi-fi hotspot network, with over 30,000 hotspots. at&t u-verse high speed internet. now on our newly expanded advanced digital network, a connection your whole house can count on. ♪ (male announcer) t

connell: some light at the end of the tunnel for the dreamliner. batteries do not catch on fire. when will the twinkie be back on the shelves? cheryl and dennis know and they have the story at the top of the next hour. take a look at some of the winners today on the nasdaq. ♪ connell: we are back on what we are loosely calling smoke watch for the next two and a half hours or so. we will be paying somewhat attention to the chapel and the chimney above it to see what type of smoke comes out. earlier today it was black smoke indicating there is no new pope to. between now and 215bm eastern time, we should see some more smoke. if we were about to get it in the next few minutes while we are still on, it most likely would be white. they will burn both of the ballots together so that we will only see the smoke rising together. if the first vote was a yes, you would see the white smoke sooner rather than later. dagen: elizabeth macdonald is here to talk about the federal aviation administration approving boeings plan to redesign the batteries in the 787 dr

the stock is up 19% year to date, so a good story, he said his full confidence in the dreamliner. that is exclusive on fox business. could an antibiotic apocalypse be on its way? the publicly traded company stopping the germs in its tracks. they have to worry and hear about this. we will be right back. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just stay alive... but feel alive. the c-class is no exception. it's a mercedes-benz, through and through. see your authorized mercedes-benz aler for exceptional offers through mercedes-benz financial services. liz: in the past eight minutes the market started to fall a little bit more steeply. again, low the session down 117 at the moment. here is what is getting hammered, bank of america down 1.8%, the rest of the names down 1%. caterpillar, mcdonald's, and we have fisa down a point. coca-cola flat. a deadly health care associated infection has become difficult and sometimes absolutely impossible to tear. old american hospitals killing a lot of people. working

boeing wants to get the jumbo dreamliner back in action within a week or so.o saying they're a third of the way the process through, the retesting of the lithium ion batteries. faa has been really rigorously testing the batteries, they don't want to go through another hazardous situation where there's fire. the question mark that is still hanging over boeing and the dreamliner is this: what caused the fires? we still don't know what the root causes were. we're not hearing yet, rather, from boeing what are the root causes of those fires. we're waiting on that. but i'll tell you something, boeing is trending up toward a 52-week high in the stock price. they just sealed a $15 billion plus deal with ryan air, so boeing is still selling planes. whether or not the dreamliner gets back in action within the next week or so remains to be seen. it may still be a few months out. i'm going to give it back to you guys. tracy: e. mac, thank you for that. it boggles my mind they can't figure it out why it caught on fire. it seems so nonsensical, but lizzie will keep followin

the f-a-a has approved a boeing plan to redesign the batteries for its 787 dreamliners.ys it will re- design the battery - to minimize the chances of a short circuit. they're talking about better insulation and a new venting system. the 787 fleet has been grounded since january. after a battery fire on one plane. and a smoking battery on another. developing now. a tugboat, a barge and a gas pipeline are all burning tonight in louisiana. the tug boat had been pushing a barge filled with of crude oil when it hit a natural gas pipeline. two crew members on the tug boat have been hospitalized -- one of them is in critical condition. some of the oil has spilled into the bayou area - south of new orleans. the coast guard is letting the fire burn off tonight.saying it's too intense to try to put it out. the barge was carrying more than four thousand barrels of crude oil. the man accused of a shooting rampage inside a colorado movie theater was back in court today. where a judge entered a "not guilty" plea on behalf of james holmes.. that's because his attorneys say they weren't

the faa has signed off on the battery fix for the 787 dreamliner.ew battery pack is designed to minimize the chances of a short circuit. it insulates the cells better and has a new containment and venting system and the dreamliner has been grounded worldwide since mid january costing boeing $70 million a week. shares have been resilient in light of this. >>> the oldest u.s. consumer protection group is urging ftc to open a probe into herbalife. they concluded an investigation is the best way to determine whether the company is a legitimate business or a pyramid scheme. can't decide whether to say herbalife. shares are down 2%. lost 14% of value in the past quarter. dell agreed to let southeastern asset management see a list of who else owns the pc maker stock. they've been a critic of the $24 billion buyout. it owns 8.4% of the company and last week asked for access to dell's books and records to build a case against the buyout deal. dell shares responding up about 0.4 in frankfurt trade today. the u.s. department of agriculture offering a sweetener

we >> going says a two hour test flight of the boeing 787 dreamliner went according to plan, testing newly redesigned system that is supposed to be safer than previous versions an important first step for the company's plan to convince safety regulators to unground the dreamliner fleet. 57 have sat idle since late january when the batteries of two of the new planes caught fire. good news for those who hate powering down the ipad and other e-readers during take off and landing. "new york times" is reporting the f.a.a. will scale back the regulations this year and has been ticketing studies on weather the devices interfere with the cockpit instruments and they do not. however, the change does not include cell phones which would still be banned no take offs and landings. >> we are learning more of the british teen who struck a multimillion dollar deal and a new job with yahoo. meet 17-year-old who just sold his free iphone app to yahoo which automatically summarizes news story for small screens, set to be worth $30 million. yahoo will not confirm that. it is said to be part of the effor

. >> boeing, the airline company has had a lot of problems with the batteries and dreamliners a and why do you like them now? >> taking a lot of orders and pay a dividend and brought strong earnings. >> the troubles behind them? >> not quite. worried about the battery issue and still a good pick. >> that is it for forbes on fox. have a wonderful weekend. thank is for watch. keep it right here as theyou wc number one business block captioned by closed captioning services, inc. one franchise owner get ready to pay for it burgers and dogs. taking your dog to the v is going to cost more too thanks to the healthcare law. healthcare regulations stacking up, now taller than the president, time to chuck it? >> chin in starts right now. >> eric: i'm eric bombing. glad to see you. cashin in crew, wayne. that family that you just saw who introduced our show says they are extremely bored abo how much healthcare it will cost them. mary, how bad is it going to get for the folks out there? >> it's going to be a problem. i remind everyone that in 2008 the president said he was planning to bring down pr

we will tell you about coming up the new fix for the dreamliner from boeing. they are planning to get the planes back up in the air. >>> more trouble for carnival. two ships experiencing difficulties this morning causing trouble for thousands of vacatio vacationers. >> problem here. nice wide shot of the bay bridge. i like the way the lights dance at this time of the day. it always makes you feel good and motivated specially because it is -- >> friday. >> love it. [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light, buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let the making begin [ malcrrkkhshziiiizzlllee. to this symphony of flavor: beautiful. shhhhshshshshhshshhhhhsshhhshs. gorgeous! here comes the crescendo. kkerrrrbbuuuuuucraaackkk. just...incredible. pillsbury toaster strudel. if beethoven made breakfast. >>> welcome back. today, a must-win for the united states if the team wants to advance. team usa losing t

they are unable to find a root cause behind the 787 dreamliner battery fire.o recommendation from ntsb at this point. investigation continues, by the way, ntsb holding a forum and hearing regarding lithium ion batteries and 787 certification process. that is happening next month. meanwhile, beauing is waiting for the faa to approve the suggested fixes that it presented to the faa last week. the faa, i'm told, is expected to approve a condition yl approval of the fixes perhaps as early as next week. might see the dreamliner groundings lifted by the end of april or beginning of may. and that's one reason why you look at shares of boeing up more than 2.5%, sue. we haven't seen shares of boeing trading at this level since may of 2011. sue, back to you. >> wow, phil, thank you very much. you know, four out of five dentist recommend it and now many analyst will probably as well. coal cobalt gate-palmolive splitti splitti splitting. up right now. >> the billionaire who accumulating a 6% stake in the company wants the pc maker to pay out nearly $16 billion in a specia

dreamliners are closer to take- off. the faa said yes to boeing's battery redesign. it's considered the first step to getting 787s ready for lift- off. boeing also reportedly has an $18-billion deal in the works to sell jets to ryanair. and ahead of government data on oil, the american petroleum institute is noting a surprising drop in crude supples. crude declined by over 1.4 million barrels. analysts expected an increase of 2.3 million. larry shover of sfg alternatives joins us on this wednesday for a closer look at the market. good morning to you, and the dow is still going, larry. > > it is unbelievable. traders are so anxious right now they just can't believe it continues to climb higher. > what do you make of the bond market at this point? do you expect to see some sort of grand rotation where all of a sudden stocks start to falter and money starts to go back into the bond market? > > you know, on a macro scale, i think there is a little bit more room to the wall of worry that we are climbing. not to say that there won't be setbacks in the stock market, because