eamon javers has more. >> it's frustrating. >> i try to tamper my frustration with the understanding that we want everybody to be safe. >> reporter: airline travel these days is all about hurry up and wait. and now american airlines says the delays at tsa check points are only getting worse, calling the lines unacceptable, american said during the spring break week of march 14th through 20th, nearly 6,800 of the airline's passengers missed flights because of checkpoint delays. the worst airports? los angeles, miami, atlanta, dallas and philadelphia. tsa says it is focused on countering threats as the transportation is a high-value target for terrorists. the strong economy means air carriers are enjoying record travel volume and so travelers should show up at airports two hours early. this week, dozens of travelers were stranded at o'hare after security delays caused them to miss their flight. airline officials were reduced to handing out blankets and cots. >> they have a funding issue and they talked to congress and we support this and there's more money going to training officers an

eamon javers joins us with more. this report connects the north koreans to the $81 million stolen from bangladesh's central bank that you have been reporting on. do we know that for sure? >> reporter: we don't quite know that for sure despite what's in the report you cited. i've been talking to people familiar with this ongoing investigation. what they've told me is that there is an indication that a hacking entity was inside the bank of bangladesh's servers and that that entity used certain techniques and tactics that are very similar to the hack on sony. that hack was attributed ultimately to the north koreans by the u.s. government. but it's never been clear that the north koreans actually did the sony hack themselves. it's always been a possibility out there that they outsourced that hack to a third party enterprise, some kind of criminal enterprise, somewhere necessarily the world. what we may be seeing here, it's at least possible, is that that third party enterprise is out there doing other stuff as well. so i

eamon javers takes a look at the push to prosecute people. >> reporter: the old saying goes, you do the crime, you do the time but that hasn't always been true for corporate crimes where it can seem like executives commit frauds and it's often the shareholders stuck paying the penalties that the corporate crooks retire to enjoy their bonuses. >> if you had thousands and thousands of sales employees all aggressively marketing a drug or a device off-label, who gave the orders? are you going to prosecute all it really is genuinely challenging to fix accountability inside complex organizations. >> reporter: university of virginia professor garrett examined 303 non-prosecution and deferred prosecutions involving corporate fraud that resulted in fines and other sanctions. he found that individuals, the actual people who committed the crimes, were only charged in 34% of the cases. but now the department of justice is trying to change all that. and the "the wall street journal report"s that a former division president of drugmaker allergan's warner chill cot unit will stand trial on the charge

eamon javers is following the to have story for us. >> this is scary for banks around the world. the international consort shum is called swift, based in brussels, they operate the electric messaging system that thousands of banks around the world and more than 200 countries use to send messages authorizing wire transfers of large amounts of money. billions and millions of dollars at a time in some of these messages. so the fact that hackers could get into software that interacts with swift and authorize transfers right out of a bank account is really scary. swift saying in a statement last night that they found a second instance where this apparently has happened. they would not name the bank or say how big it was or even what continent this bank was on but it has deep imapplications for the financial system. >> any other shoes to drop in this story? >> well, one of the big questions in all of this is w whodun whodunit? don't know who did this attack against the unnamed bank revealed last night, we don't know who was behind that $81 million heist at the new york fed's account th

eamon javers has been following the story. what are some of the specifics? >> the gizmoto report was quoting a single anonymous report, a person who said they were an employee of facebook and said trending topics dealing with conservative news or from conservative news sites were suppressed in that along go rhythm that facebook puts in there, and also said facebook employees actually inject stories into that along go rhythm so they appear on users' news feeds even though they're not trending according to the the algorithm. they said there's a human element here and that human element is subject to bias. >> facebook, what have they said? >> facebook put out a statement today, a couple of statements on this today. what they said was facebook is deeply committed to being a platform for people and perspectives of all viewpoints. they also say they've got a review here that's ongoing. they're looking into the situation to find out if any employees at facebook did anything that was biased or just sort of put their thumb on the scale of what all of us who use faceb

let's get back to eamon javers on this one. hink of swift as the central nfs system for the financial system. it's the electronic messaging service that thousands of banks around the world use. and what we've learned over the past several weeks is the whole swift process can be vulnerable to hackers. we saw that in play during that $81 billion bank of bangladesh heist last year and just last night we learned from reuters about a new attack in which attackers got apparently about $12 million. zwruft this morning swift put out a notice to its customers warning them of the cyber vul never bltds asking them to share information. here's what they said. we speflkly remind all users to respect their obligations to immediately inform swift of any expected fraudulent use of their institutions swift connectivity. why is that? because it looks like a lot of the banks were not sharing information about cyber heists and hacks with swift itself, even when swift was involved in the hacking attempt. so that's something swift wants to get its ar

eamon javers, and another twist in the google's fight in oracle and details on that one in a moment.ing right now? making a cake! ayla reminds me of like a master chef and emiana reminds me of like a monster chef. uh oh. i don't see cake i just see mess. it's like awful. it feels like i am not actually cleaning it up what's that make mommy do? (doorbell) what's that? swiffer wetjet. so much stuff coming up. this is amazing woah. wow. now i feel more like making a mess is part of growing up. stop cleaning. start swiffering. ♪ there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. where to get in... where to get out. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. cotiviti. >>> it is not over yet, the google and oracle saga. the two tech giants have been battling in court over whether the unlicensed use of the java scr

eamon javers joins us now with an energy fact check. eamon? >> that's right.d trump is not a candidate for president who's built his campaign around specific policy proposals, but yesterday in north dakota, he made this keynote energy speech which is why we're dialing into some of what he said. let's take a look at some of the claims here. first one that donald trump made yesterday, he said, america has 1.5 times as much oil as the combined proven resources of all opec countries. we looked that up on the eia website and according to the energy administration here, the u.s. has 39.9 billion barrels of reserve. saudi arabia alone has much more, 268 billion barrels. here's another donald trump claim. he says the u.s. has more natural gas than russia, iran, qatar, and saudi arabia combined, but when we checked that on the u.s. government website, they say u.s. has 388.8 trillion cubic feet of natural gas reserves but russia alone has 1,688 trillion cubic feet. so russia has much more natural gas reserves than the united states. and that's just russia alone there.

thank you, eamon javers, an important issue that we are tracking. >> and now over to rick santelli with the santelli exchange. >> good morning, jon, and i want to welcome in peter, and welcome in. >> thank you, rick. >> on the fly, and everything has been changing. you had a chance to look at the d durable goods order this morning, and definitely popped up and in atlanta gdp now close to 3%, and now that on the web -- popped up, and landed gdp now close to 3%, and now what they said is that there is significant adjustments going back, and benpch marc edchmark , and i don't want to get into the weeds, but looking at the month, it made the rise look dramatically more, and that is the input that is going into the strength of the atlanta's gdp forecast, and numerology aside, because it does not change anything, what is your read on the proxy of business investment, and how sluggish it has been. >> well, that is one of the things that we have had the idea that the low energy would have a drag on the economy more than we saw, and this is the first sign that the data was mischaracterized and n

. >> eamon javers, thanks very much. >>> if you were on the road this weekend, you probably weren't alone. aaa expected more than 38 million americans to travel, go somewhere. majority hitting the roads. that will be the second highest memorial day weekend volume on record and as jackie deangelis tells us, it is because of one thing. >> the inspiration is coming from cheap gas. the national average for a gallon of regular is $2.30 today on aaa's website, up 16 cents over the last month. but down 44 cents from this time last year. still, not everyone is satisfied. >> i think gas prisz should ces lower, but not as high as they were last year around this time. i do drive a lot with my job and everything, so gas prices are very important. >> i'm going to drive, i'm going to drive. if the gas prices are high, i'm not going to be as happy as i'm driving, but i'm still going to go where i need to go. >> top destinations for road travel, orlando, myrtle beach, washington, d.c., new york, and miami. so far this year, americans have saved about $18 billion on gasoline alone, where those savings are

cnbc's eamon javers in washington covering that story. >> good morning, sarah.stem as the central nervous system for the global financial system. swift is the electronic messaging system that banks around the world use to send authorizations to transfer money. it's used in hundreds of countries around the world, by thousands of different financial institutions, and in recent weeks we have learned that there are cyber vulnerabilities associated with the swift system that have allowed hackers in at least a couple of cases to steal millions of dollars. well, this morning swift, which is an international consortium based in brussels, sent this letter out to its customers around the world telling them that they are tightening up security procedures. and reminding them that they need to share information about cyber hacks and thefts with swift. they say we specifically remind all users to respect their obligations to immediately inform swift of any suspected fraudulent use of their institution's swift connectivity or related to swift products and services. now, the ch

eamon javers in d.c., and of course, as you can see that the press conference is continuing, and we will follow the headlines of this insider trading news. this is what is come up on the "halftime report" though. >> and now, rally for an old stock that pete and jim still own. find out if they are sticking with cisco. >>> and from tesla's $2 million stock takeover to what they are trading? >> and also, the latest on the egyptair flight that went missing over the mediterranean. we will bring you an update ahead on the "halftime report." ♪jake reese, "day to feel alive"♪ ♪jake reese, "day to feel alive"♪ ♪jake reese, "day to feel alive"♪ >>> welcome back to the halftime report, and investigations are under way into the presume crash of an egyptair flight over the med tr mediterranean. they are not ruling out mechanical failures or terrorism. and white house say that president obama has been briefed on the crash and the investigation, and we of course, will bring you the latest developments as they happen. meantime, back to the press conference where the insider trading is being outlined aga

our eamon javers is in washington with more details on what is sure to be an interesting meeting. >>remember this controversy began with a report anonymously sourced on the website gizmoto cited several former facebook employees who said the employees there were suppressing conservative viewpoints particularly on facebook's trending topics section of its news feed. facebook denied that that was the case, but the controversy me tast sized ironically enough on social media as much as on broadcast and print media. and facebook now feels like it has to do some damage control here, so they're hosting this meeting. we're told it's going to happen in the afternoon pacific time, so late in the day here on the east coast. here are some of the people we know who are going to be invited to the meeting including glenn beck of the blaze and dana perino, jim demint of the heritage foundation and also s.e. cupp, conservative commentator for cnn. no elected officials we can tell will be in the room. this gives you an indication of just who facebook thinks is running the conservative movement right n

let's get to eamon javers. >> the department of justice wrapping up a phone call with reporters on thisbandoned. antitrust folks saying they are, quote, very pleased that that deal was abandoned. they said the deal was ultimately unfixable and they offered two points, which are important here, one is on this issue of a remedy. they said a lot of times companies assume if they offer an expensive enough remedy, they offer to sell enough assets out of the merged entity that that will somehow do the trick as far as the doj is concerned. they said, no, in the end didn't solve the anticompetitive problems they faced and also talked about r & d spending. they said r & d spending very important overall want to make sure companies are still innovating in that industry. two factors they cited in shutting down that deal. >> thank you for the update, eamon javers. >>> coming up, he was one of the first -- he was the first ever winner on "the apprentice." we'll talk to bill ransack about small business and working for donald trump next. touching a ra. amazing is moving like one. real is making new f

eamon javers is live in washington with that, and she is not the first. >> that is right.ng a detailed critique of what she calling the dangers of the gig economy including losing the pensions and benefits for ordinary worker workers, and this is what she had to say yesterday. >> much touted virtues of independent and kree creative od by gig work may be true. for some workers in some conditions, but for many, the gig economy is simply the next step in a losing effort to build some economic security in a world where all of the benefits and wealth are floating to the top 10%. >> and kayla, in that speech, she put the gig economy in a detailed historical context arguing that just like after the industrial revolution when the policy was implemented in order to protect the workers and ending things like child labor and enacting the weekend and she said in the u.s. information age, the u.s. government needs to enact certain policies to allow the gig workers to the create wealth from the industry they are creating. >> interesting. thank you, eamon. >>> speaking of uber, a majorit

. >> wellcome back, i'm eamon javers and where president obama has received a briefing on the zika virusake a look at the tape and listen to president. >> are we all set? >> well, i had an opportunity to get a full briefing from secretary burwell are from the director and frieden and tony foucher from the cdc about the zika virus, and give people a quick update where we are. and it has been explained repeatedly, but i want to explain that e zika ist not like ebola and not a human to human transmission with the one exception that we will talk about, but it is primarily transmitted through mosquitos, and a particular type of mosquito, but what we do know is that if you contract zika, and even if you don't appear to have significant symptoms, it is possible for e zika to cause birth defects including micro - mic mic microcephaly. and we believe the that there are other neuro causes as a result of zika, and we don't know all of the potential effects, but we do know that they are serious. right now, what we have seen is little over 500 cases of zika in the continental united states and they a

i'm eamon javers where republican senator john thune has sent a letter to facebook chairman mark zuckerberging for information about how exactly facebook handles trending topics. this is a story that's been in the news over the past couple of days about whether or not facebook's moderators actually manipulate the trending data in order to suppress conservative views. senator thune wants a lot more about that. has a lot of questions for zuckerberg here and he wants to know the organizational subject and who ultimately is responsible for approving its content. in a statement facebook said yesterday that there are rigorous guidelines in place for the review team to ensure consistency and neutrality as it handles that trending topics issue, so this one is going political, and we'll see some questions and answers here from the united states senate, guys, on whether or not facebook is being objective with the trending topics. >> interesting story. continue to follow t.eamon javers live in d.c. for us >>> let's move and talk caterpillar. it's been down nearly 10% since you bought it for the portfo

eamon javers has that. >> well, it is official that donald trump now has the number of delegates thatcan presidential nominee according to nbc news, and donald trump has crossed the 1,237 delegate threshold that we have been watching so closely throughout the entire primary process. that will make him the official republican nominee, and in july at the cleveland republican convention where they will offici officially do the deed, but according to nbc news, h this is now past the threshold that he needs to become the nominee, and meanwhile on the democratic side, hillary clinton is unable to seal the deal against bernie sa sanders, and she is at 2,304 delegates out of the 2,383 that she needs in order to become the nominee on the democratic side, and we will continue to watch that one which is becoming a little bit of a squeaker, guys. back to you. >> so he is from presumptive to actual. >> and from presumptive to presumptive until cleveland in ju lieu lie, but now he has the delegates and officially over to the threshold, but everybody else running against him is dropping out, so it i

eamon javers has details. boy, do you have a lot of details, eamon. >> yeah, that's right, bill. let me start off by explaining that s.w.i.f.t. is the international electronic banging system that they use to transfer messages around the world. it's come under a lot of scrutiny in the wake of that $81 billion bayne gla desh bank heist this year. the ceo of s.w.i.f.t. itself was set to make a cyber security speech earlier today in brussels, belgium. we wanted to bring you that speech. but i have to tell you that our cameraman was kicked out of the venue before that speech began, so we don't have any speech of the ceo talking about cyber security. we're just here relying now on what s.w.i.f.t. itself put out about the speech. here's what they said their new reforms are going to be in terms of cyber security. s.w.i.f.t. saying it's going to have more bank information sharing of cyber security threats. it's going have tougher security requirements for bank managed software and use payment pattern controls to look for indications that something fishy might be going on and it's going to

eamon javers has details. nse moments in japan as the press availability between the president and the prime minister touching on some of the real stress points in the relationship between the united states and japan. the president here landing just a week after an american was arrested on suspicion of murder in okinawa near the u.s. military base there, a young japanese woman killed in that attack. that has sparked outrage in okinawa and throughout japan. the president forced to deal with that in his press availability. the prime minister abe opened his remarks saying that he feels profound resentment for this what he called self-centered and despicable crime for his part president obama responding that the united states is appalled by any violent crime that may have been committed by any u.s. personnel or u.s. contractor. both leaders promising to get to the bottom of this particular a personnel or contractor and both leaders are promising to get to the bottom of the case, and to prevent steps of crimes by am

eamon javers has more. >> here's one of the things that bernie sanders said about disney earlier thisk. take a listen. >> while disney pays its workers wages that are very hard for their workers to live on but somehow has enough money to pay $42 million to its ceo. >> he's responded on his private facebook page, bob iger writing to bernie sanders our company has yated 18,000 new jobs in the last five years, how many jobs have you created. so a very pointed response there from the ceo of disney to senator sanders. we're looking at a presidential campaign where specific companies have been called out more on the campaign trail than at any time i can remember in covering presidential politics, especially on the republican side where you also had donald trump going after amazon, apple, carrier, all by name. so this is a campaign cycle. and we're likely to see more of this through the fall where if you're the corporate p.r. person and a large american company, you might have to find yourself in situation where you're defending yourself and a company against a prtsal candidate. that's somet

. >> eamon javers. we're going to get a check on the biggest movers for you next and what's behind this week's volatility and also coming up, could another pair of primary wins by bernie sanders start to make hillary clinton more nervous? we'll have the latest from the campaign trail when we come right back. >>> welcome back. nasdaq down 1.25%. bertha coombs has more. bertha? >> the nasdaq itself moved just off correction territory down about 9.9% from its july high. about a year ago we were talking about the nasdaq closing at 5,000, regaining that level. and it's just been under water. one of the big problems has been small caps actually. small caps underperforming. small caps have been in correction territory, near bear market territory for some time and today was no exception. that was the biggest drag if you were going to look at a class of stocks as far as sectors are concerned. biotechs continue to be under water here. and the biotech today, apart from the decline not so steep but also not much in

. >> thank you very much, eamon javers. >>> fourth day out down day in the last five.igh back on may 11. it's a bigger drag on the market overall. remember, facebook stock has been the leader in the stockmarket so far. it makes it worth around $336 billion, up 46% over the last year, guys. back over you do. >> thanks, dom. >>> stocks continue to hit their session lotions. let's bring in the chief investment officer. steve, there's talk out there with the cpi number out there this morning and some of the commentary from the fed, perhaps a summer rate hike is back on the table is. that why we're seeing a selloff or is it something else? >>? >> i think that's it. if you look at the two-year, it's declined. that's when the market really started to go down. the two-year has been trading down for the last four or five days. so i think there's a sense building out there. i know most of the markets still call for, you know, 20% shot in june and barely 50% in december, but i think some of the latest data and especially trading in the two years has people concerned we'll see som

i'm eamon javers in washington where we've got a bit of new news here on the bank of bangladesh heists story first broke, congresswoman caroline maloney of new york sent a letter to the new york fed demanding answers to a series of questions. the fed responded to her. and we've now obtained at cnbc the new york fed's response to her questions. we can put this out, this comes now a day after swift itself, the international bank messaging system, said it had discovered additional incidence of malware in the banking system that may have led to a heist at another unnamed commercial bank. caroline maloney asked the new york fed if it's appropriate to rely entirely on swift authentication for outgoing payments from the accounts of foreign central banks. what the new york fed responds in this letter to her is given swift's predominance around the world, swift is used routinely by banks in the united states to communicate payments for cross border payments. they're saying the swift system is so ubiquitous we have to use it. also a bit of a blame game going on here. the new york fed saying it

eamon javers joins us now with more. >> yeah, the decision from a federal judge for the district of columbiant argued that this merger was severimply bad for business consumers. the companies said they were disappointed in the decision and they had argued that competition from giants online like amazon.com made their merger not necessarily have an impact in the competitive landscape. this is all part of an overall trend that we have been seeing on the u.s. government weighing in. take a look at this list that we put together of some blocked in recent years. you see a whole host of big brand names. comcast, the parent company of this network and time warner, cisco, bumblebee, all the mergers stopped in their tracks by the government. when you talk to government regulators about this as i have, they are very careful not to say that they are being more aggressive here in pursuing some of these deals. in the halliburton/baker hughes, they said that deal soo never have been produce the them in the first place. so hard to decide whether the government is being aggressive or corporate board rooms a