fly again a fiasco not just for boeing but also for the airlines that ordered thousands of the jets boeing may have to renegotiate contracts and airlines already flying the macs are angry norwegian air has announced it would sue the u.s. plane manufacturer for damages. is from the frankfurt university of applied sciences and specializes in air traffic management so boeing's changed course as far as those groundings go what's that mean financially for the. it's a strong blow if you look at the past two years boeing has really a tremendous. financial situation they have sold especially that remind us where well i has just ordered twenty new planes and they are a stock price has so this of course is really bad news and i think the stock price has already gone down it will the if you look at the stock over the past year for both airbus and boeing i mean they've been doing really well the stock's been going up and open up at the same time it sounds like quality is going down and down and down all these new way of profit with teething problems and a whole lot of that. it's correct that also alli

fly again a fiasco not just for boeing but also for the airlines that ordered thousands of the jets boeing may have to renegotiate contracts and airlines already flying the macs are angry norwegian air has announced it would sue the u.s. plane manufacturer for damages there are reports the french president discussed a new order of planes for ethiopia's function carrier in a state visit just days after that crash as you know it involved ethiopian airways and it's a longstanding boeing customer all mccraw is now in kenya telling a united nations environmental summit we need speed in the fight against climate change while signing off on a lucrative infrastructure deal. french president emmanuel mccall and his kenyan counterpart through can yada celebrating their country's economic partnership peugeot already has a factory here and the french carmaker has promised to double production in the coming months. the countries have signed infrastructure deals worth two and a half billion euros including plans to expand nairobi's rail system. a properly functioning up and commuter rail system both rap

president trump immediately grounding all boeing 737 max jets flying in the u.s. the order late today, followed by confusion and alarm, planes stopped in their tracks. at airports across the country. >> we've been directed to return to the gate. >> it comes amid growing pressure after that boeing jet crash in ethiopia, and several other countries grounding the jets first. the uk, france, germany and canada. among them. so why now, from the president. what jon karl has learned tonight. >>> also breaking. authorities warning of life-threatening driving at this hour. across much of the country. a tractor-trailer blown over on the highway. tonight, one airport shut down. blizzard conditions, drivers stranded. the rockies, the midwest, the south, the whole system moving east.chting scandal widens toni. the actress from "full house," arrested, in court just a short time ago. and the arrests playing out across the country today. >> fbi, fbi! >>> the major headline tonight. a second judge now sentencing the president's former campaign chairman, paul manafort. already sent

then the java sea crash from lion air, same kind of jet, boeing max jet, and that killed 189 people. flunking crisis management 101, what does the company need to do to restore the public's trust amid fumbled leadership in the c-suite? let me be fair here as we bring in robert wolf, who was former chairman of ubs america and the banking sector certainly had its own issues during the crisis. robert, let's be fair, boeing today made all kinds of announcements and fixes and they rushed to do that, but let me have your first gut reaction on boeing's response, what they should have done differently, what they have done correctly. >> yeah. this is probably one of the most difficult cases, because you are talking about the possibility of criminal and civil litigation on one respect. then as far as who your constituencies are, you have shareholders, you have clients and you have the employees. then you have the safety of the pilots and everyone else that's involved with flying and making the aircraft. you have so many different people you have to think about. the second thing is, it's a regu

jets. boeing's pilot training is being questioned. learned u.s. pilots were given initial training of 56 minutes on an ipad about the differences between the new boeing max as well as a revision to pilot training to address concerns stemming from the lion air crash. mola lenghi, cbs news, reagan national airport, virginia. >>> a boeing max 8 planes remain grounded in the u.s. and other countries while the investigations continue. >>> another candidate has jumped into the crowded field of 2020 democratic presidential nominees, officially kicking off her campaign yesterday, the 6th female candidate to enter the race so far. and there are now 14 democrats in the running. and 15th came close to declaring his candidacy over the weekend. >> most progressive record of anybody rubbing for the -- if anybody who would run. >> president trump took aim at biden this morning in a tweet joe biden tongue tied over the weekend when he was properly deliver a simple line, get used to it, a low up beto o'rourke, announcing $6.1 million within the first 24 hours of en

indonesian carrier wants to cancel an order for 49 of the jets. boeing stock down 11.7% since the most recent disaster. in ethiopia, that is over $27 billion in market cap gone. in the face of the crisis, boeing's cnn dennis muilenburg made $23.5 million last year, a raise of 27%. and now the "new york times" reports that the pilots of both doomed jet liners lacked two notable safety features that could have helped them. it seems boeing only offered them as extras. tom foreman has more on the safety features and what the company is doing now. >> the heat around boeing is just getting hotter. these were considered add-ons by boeing and they would tell you that the pilots inside the plane, it would tell them that if these sensors on the front of the plane were reading that the plane was heading more up or if it was heading more down or if they disagreed with each other. readouts in the plane and also a warning light, these are two separate systems. boeing says that they will make one of these things no longer something that they charge for, no longer an ad

worries following the africa crash of just such a plane they insisted there was no evidence the boeing jetsafrican ter can ordered the planes out of the sky. even in issuing the order the president praised the massive airplane manufacturer. >> boeing is an incredible company. they are working very very hard right now. >> may god bless the united states of america and god bless boeing. >> the president has long and openly admired boeing hosting the ceo at trump tower visiting boeing factories, bragging about a multi-billion dollars deal. >> the reason i like it is because it's jobs for the united states. >> vietnam says that deal is now in limbo but boeing's ties with team trump remain strong. his acting secretary of defense is a former boeing executive. trump's former u.n. ambassador was named and the company naming the new air force once. >> boeing is doing it. it will be a new color system, red, white and blue. it looks phenomenal. >> still he says he spoke with boeing and others amid the storm of concern over the newest jet and says boeing has to figure out what if anything is wrong with

president trump issuing an executive order grounding all boeing 737 max jets. y is responding. that's next. connell: let's get back to boeing. the company is standing firm saying it has full confidence in safety of the 737 max 8 jet after united states joined with over 50 points grounding that plan. deirdre bolton live in the newsroom with the latest. stock came back late in the day. reporter: certainly did, connell, as we followed president trump issuing a executive order grounding all boeing 737 max jets, united airlines, southwest airlines, all have american airlines all have the model in their fleet. southwest is aware of media reports that the boeing 737 jet will be grounded in u.s. this was before the president spoke with additional guidance and faa will respond accordingly in the interesting of aviation safety. once we learn more media updates from southwest will be posted. american airlines made a similar statement. this is very latest as well from boeing's ceo, he says on behalf of the entire boeing team we extend our deepest sympathies to the families

the faa grounding all boeing 737 max jets following this weekend's deadly plane crash boeing shares are on the move this morning we have the latest ahead >>> u.k. lawmakers reject ag no deal brexit. they'll vote on to outright delay brexit with just 15 days to go. >>> and facebook recordly facing a criminal probe investigation into a data sharing deal the social media giant also facing a major global outage at this hour. we have full team coverage of all of these three big stories ahead. it is thursday, march 14, 2019 you are watching world wooitd exchange right here on cnbc. he zblanchts the faa calls it an emergency related to safety in air commerce and grounded those boeing 737 max 8 and 9s. a dramatic about-face from its previous stance of support they told cnbc they got new information just kbred the announcement was made. that tracking data was passed along by flight aware and its partners at arion. the take-away was there are similarities between this crash and a lion air crash about five months ago >> it was further evidence that it was similar to lion air >> boeing continues to

and pass the test on new flight control software before they're allowed to fly the 737 max air jets. boeing made the announcement at same time lawmakers were accusing the faa for having a cozy relationship with airline manufacturers. members question how the jets were certified after now being grounded following two deadly crashes. the administrators are questioned now about why and how they certified their planes. >> faa did safety on the cheap and put the 6 fox in charge of the hen. >> close relationship between industry and regulator, threaten to erode trust in the entire system. >> the faa says the way it works with aircraft makers holds down costs, speeds up new production, can make it less likely a manufacture will bury problems it knows about. the inspector general says they plan to change how faa oversees development of new aircrafts. there's no indication it will abandoned the collaborative approach it currently uses. >>> prime minister of great britain teresa may is willing to resign to get parliament to approve the plan to leave the european union. she's prepared to leave the job

what we have just learned about some of those new boeing jets that were flying right here in the u.s. after those two crashes, the pilots frantically flipping through the manual. now we learn many new boeing jets were missing safety features that boeing charged extra for. including planes here at home. one airline's response tonight. >>> bracing for the mueller report. cameras surrounding robert mueller today. it is expected very soon. and what jon karl has just learned tonight. what not to expect. >>> the nor'easter slamming millions. the train reaction crash. the system from d.c. up through new york and boston. >>> after the exploding tanks in houston, authorities telling the public there was no risk, today, the shelter in place alert for a time amid fears of benzene and pollutants. >>> the young driver, the chase, the crash and then prosecutors say the beating that followed. tonight, a trooper indicted. >>> the young american skater accused in an ice skating attack against her competitor. what we've learned tonight. >>> the stunning images coming in tonight. our team now on the sce

. >>> capital hill around those two deadly boeing jet crashes. boeing says it has a fix for those airplanes. the senate asking for answers. similarities in the accident led to concerns about the plane's automated flight system. >> questions that have been raised in the aftermath about faa's oversight of manufacturers d the close relationship between industry and regulators. >> today boeing introduced a fix. >>> the dmv didn't have a good plan. results from the audit show the agency wasn't ready for the rush of people getting new drivers license. the deficiencies for implementing its plan. people must apply for the real ids in person and have one by october 2020 to fly on a domestic flight or you will have to bring your passport. >>> one word. ugh. >> as in you are over that rainfall. >> that's what i am saying. >> i k a surplus. great news on the drought. let's take you into a look on storm ranger. and you might have been saying, ugh this morning. here is the good news right now. a few spotty showers. nothing too heavy. currently under the break i

jets. boeing's pilot training is also being questioned. cbs news has learned u.s. pilots were given initial training of 56 minutes on an ipad about the differences between new boeing max planes and the older 737s. in a statement boeing's ceo says the company is finalizing its development of a software update as well as a revision to pilot training to address concerns stemming from the lion air crash. boeing's max 8 aircraft remain grounded in the united states and many other countries while this investigation continues. >>> a large pothole closed down a street for the entire day in santa clara. a 4-foot wide hole appeared on lafayette street this morning between highway 237 and deluna. the pavement around it was cracked and sagging. a sewer line break was the cause. the northbound lanes of lafayette are still closed and there is no estimate when they will reopen. >>> now to san francisco where a vehicle crashed into a pole earlier today leaving one person injured, it happened in the city's haight-ashbury neighborhood. the incident caused some delays and bus line 24

now we learn many new boeing jets were missing safety features that boeing charged extra for.response tonight. >>> bracing for the mueller report. cameras surrounding robert mueller today. it is expected very soon. and what jon karl has just learned tonight. what not to expect. >>> the nor'easter slamming millions. the train reaction crash. the system from d.c. up through new york and boston. >>> after the exploding tanks in houston, authorities telling the public there was no risk, today, the shelter in place alert for a time amid fears of benzene and pollutants. >>> the young driver, the chase, the crash a

house. >>> the fbi is now assisting in the criminal investigation into the certification of boeing's 737 max jets. the news comes as boeing's grounded max planes will likely be parked a little longer. european and canadian regulators want to review a change to a key flight control system that's supposed to make the 737 max safer. this follows the lion air crash in indonesia last october and the ethiopian airlines crash earlier this month. both involved boeing's 737 max jets. >>> and relatively dry weather in the next few days will help the flooded regions in the midwest. the historic flooding has killed at least four people. a fifth person is still missing. the u.s. army corps of engineers says 200 miles of levees are compromised in four states. nebraska's flooding damage is estimated to be $1.5 billion. snow melt from a late winter storm and heavy rainfall have raised river levels since last week. >>> an arizona mother who operated a very popular youtube channel featuring her adopted kids is facing allegations of child abuse. the mom is behind bars, charged with a series of crimes. jamie yuccas

jets. abc's david kerley with what happened in that cockpit. >> reporter: tonight, word the fbi is joining that investigation into the certification of boeing's new 737 max, after those two crashes. and chilling details about the first crash in indonesia. there was trouble the day before on a flight, the jet moving dramatically up and down after takeoff. the pilots confused. but a third pilot, sitting the jump seat, according to bloomberg, apparently saved the flight. >> there's this chaotic scene in the cockpit. the pilots are trying to figure out how to solve it and are not making progress. the third guy sitting in the jump seat is the one who spoke up and said, "try turning off the trim system." >> reporter: boeing says its manual calls for the automation to be disengaged. the simple procedure, if you have a problem with the auto pilot, is to shut it off? >> yeah. take control of aircraft. i know i can fly the airplane manually without the electric trim. >> reporter: in indonesia, even though the jump seat pilot apparently saved the day, and the problem was written up, the jet was put back into service the next day with a bad sensor, trigg

hill where federal aviation officials are about to get grilled by senators over those grounded boeing max 8 jets. officials from the faa and the ntsb are expected to face many questions about passenger safety and the airplane certification process. this moment comes at the height of boeing's massive p.r. crisis following those two deadly crashes within five months of each other both involving those max 8 jets. boeing just unveiled an overhaul of the plane's software systems at the center of those crash investigations and not long ago senate testimony wrapped for transportation secretary elaine chao. she pushed back when she was asked why the u.s. waited so long to ground those max 8 jets. >> the faa is a very professional fact based organization and they don't make decisions that are too hasty. >> there were -- there are additional safety sensors that could have been purchased by the airlines as some airlines did and some airlines did not. do you intend to require boeing to retrofit all the aircraft with the full suite of safety sensors in order to provide maximum assurances to the public? >> i

. >>> steps to get the max boeing jets back in the air. now the lawmakers on capitol hill grill the faa. >>> a memorial that speaks volumes. now on display the tribute to service members that lost their lives in the vietnam war. for we are a drill team from hallsville, texas. i'm the marketing director at the chick-fil-a in longview, texas. every year we do a novelty routine last year we were inflatable cows. some lady posted it online - got so many views. that made the video, the cow suits. the morning we were leaving for our nationals competition we surprised them and sent them off with a chick-fil-a cow. we were star-struck. we just wanted to let them know we love them. we knew we had to make this cow proud. yes! (laughs) . >>> welcome back to "mornings on 2". a ceremony is held for a traveling vietnam war memorial now in sonoma county in the town of windsor. the display is a replica in washington dc. it features names of those killed in vietnam or later died from wounds suffered in the war. the sacred display is out around the clock. >

. >>> the boeing 737 max jets. boeingling meetings with customers to start explaining their lathes software update. >> following reports that the two boeing planes that crashed lacked the safety upgrades because boeing charged extra for them. >> reporter: citing a loss of confidence in indonesia flag carrier grew to becoming the firs airliner to ask boeing to cancel the order of the 737 max jet. the price tag nearly $5 billion. following the revelation about the two deadly plane crashes that both reportedly didn't have two optional add on safety sensors. which indicate whether the nose of the jet is pointed up or down. we're learning boeing antistall system which forces the nose down and was activated during the lie yn air crash relied on using one of the sensors. >> original design. that may not occur. >> boeing charges extra for the upgrades. one option adds an icon showing the actual angle of the jet. a second add on has a light turn on if the sensors disagree. >> you shouldn't have to pay extra to have them both talk

special committee to review the faa's aircraft certification process following two fatal boeing crashes of that max jet. the special committee will be initially led by former airline pilots union president and retired air force general darren mchugh -- mcdoo, rather. no doubt he will be looking at boeing's policy, where it sold special features as extras or add-ons to customers instead of just giving them for free. now boeing is requiring all owners of the max jet, even though it will be free, to make the effort to actually place an order for the software upgrade that ostensibly fixes the faulty sensor that erroneously reports the jet may be stalling. may or may not have been the cause of the ethiopian airlines crash but the stock not getting dinged, up about 1.66% in part because qatar expressed confidence in the plane maker despite the crashes. qatar airways, major boeing customer, has ordered 20 max jets and says they are committed to buy an additional 40. >>> let me get to this news. the plane maker has invited more than 200 airline pilots, technology leaders and regulators, for an information sess

james ) shares of boeing dropped by 3 percent right after president trump announced all the boeing super max jetswednesday... but boeing's overall stock is still down about 10 percent since the ethiopian airlines crash this weekend. that has cost the company a total of 25 billion dollars so far... and that could grow. as some airlines are asking them to pay for the costs of grounding the planes. ( james ) coming up... an argument turns into a fight at a burger king... find out how it escalated to behind the counter. ( james ) kron 4 is making a major change in the way we bring you the news. we have launched the bay area's only commercial-free 24-hour streaming news service. it's called 'kron on' - and our ryan o'donnell shows you how it works.

boeing. the fallout from a christmas spread far and wide. >> brand-new jet crashing after takeoff. kailey: in a wild week for market and politics, exclusive perspective from j.d. dimon who has a message for the u.s. and china. >> trade issues are real. kailey: the shale revolution shakes up the global market. the implications. >> u.s. production will dominate again. >> i think we have a very workable relationship with the membership of opec. >> i think opec has a role to play. kailey: it is all ahead on "bloomberg best." ♪ kailey: hello and welcome. this is "bloomberg best," your weekly review of the most important analysis and interviews from around the world. let's start with a day by day look at the top headlines. investors began the week hoping the u.s. and china could be on the verge of a trade deal but signals from the governments were mixed. tom: officials in washington and beijing indicating progress is being made in trade talks although china continues to push back at some u.s. demands. shouwen: any enforcement mechanism must be two way, fair and equal. you asked about the

university of >>> and the faa is facing mounting criticism for backing the airworthiness of boeing's 737 max 8 jets grounded the aircraft following sunday's ethiopian airlines crash, but the u.s. has not. boeing says it has full confidence in the safety of the max 8. >>> the ceo of wells fargo, the nation's fourth-largest bank, testified before congress on tuesday. he said that the bank has cleaned up its act after years of scandals affecting millions of customers. but as anna werner reports, many lawmakers are not buying it. >>> do you realize how serious this scenario is? >> reporter: wells fargo ceo tim sloan faced a grilling from legislators during the hearing. >> let me be blunt, you're here today because wells fargo mistreated and defrauded its customers. >> reporter: sloan has tried to repair the damage in the wake of numerous consumer scandals like accounts opened for consumers who didn't ask for them, auto customers forced to buy insurance they didn't need, and homeowners who should have gotten loan modifications but did not, and later lost their homes. all of it costing the bank some $4 b

the f-a-a is facing mounting criticism for backing the airworthiness of boeing's 7-3-7 max 8 jets. countries are grounding the aircraft in the wake of the ethiopian airlines crash. the disaster happened just five months after a deadly crash of another new boeing 7-3-7 max 8 in indonesia the rest of the world typically takes its cues from the f-a-a... long considered the gold standard for aircraft safety. but this time... others are not waiting for the f-a-a to act. (ken) meanwhile..at least two airline pilots have reported issues with that boeing jet model recently. the pilots say that soon after engaging the autopilot on the 7-3-7 max 8 planes...the nose tilted down sharply. in both cases....they recovered quickly after disconnecting the autopilot. it's the same issue suspected of contributing to the deadly crash in indonesia. (ken) the f-a-a is maintaining its position. releasing a statement this afternoon that in part says quote:"thus far, our review shows no systemic performance issues and provides no basis to order grounding the aircraft. nor have other civil aviation authoriti

the new boeing jet that went down overseas, a boeing 737 max-8. their newest and most in demand jet ever built, crashing to earth just six minutes after takeoff in ethiopia. and take a look at this image tonight, because investigators say that relatively small crater right there speaks volumes about how fast that jet was coming down. you can see the burn scar across the field. the plane shattered in pieces, along with fragments of what people carried with them. 157 people onboard, including eight americans, no one survived this. tonight, the first clues now coming in, and as other countries ground this jet, will the jets be grounded here in the u.s.? boeing's new response tonight. abc's matt gutman leads us off from ethiopia, where american investigators have just now arrived. >> reporter: this heap of twisted metal scraps, all that remains of ethiopian airlines flight 302. and tonight, investigators race to analyze those crucial flight recorders to find out why the plane, carrying 157 souls, fell out of the sky. excavators digging for debris in th

james ) shares of boeing dropped by 3 percent right after president trump announced all the boeing super max jetster in the day wednesday... but boeing's overall stock is still down about 10 percent since the ethiopian airlines crash this weekend. that has cost the company a total of 25 billion dollars so far... and that could grow. as some airlines are asking them to pay for the losses they're suffering from the planes being grounded. (james) james adlib big board. ( darya ) ( darya ) coming up at 7... and new a bill moving through congress could lead to more armed officers walking around public schools. ( darya ) kron 4 is making a major change in the way we bring you the news. we have launched the bay area's only commercial-free 24-hour streaming news service. it's called 'kron on' - and our ryan o'donnell shows you how it works.

boeing. the fallout from a deadly crash spreads far and wide. >> brand-new jet crashing after takeoff. >> there is definitely pressure building up on the f.a.a. kailey: in a wild week for politics and markets, bloomberg gets exclusive perspective from jamie dimon, who has a message from russia. >> trade issues are real. they need to be resolved. kailey: the shale revolution shakes up the global market. leaders talk about the implications. >> u.s. production is dominating. >> i think we have a very workable relationship with the membership of opec. >> i think opec has a role to play. kailey: it is all straight ahead on "bloomberg best." ♪ kailey: hello and welcome. i'm kailey leinz. this is "bloomberg best," your weekly review of the most important business news, analysis and interviews from bloomberg television around the world. let's start with a day by day look at the top headlines. investors began hoping the u.s. and china could be on the verge of a trade deal but signals from the two governments were mixed. tom: officials in washington and beijing are indicating progress is being made in tr

surface to surface precision guided missiles bombs and torpedos coming in and number two to have a boeing jet maker boeing's twenty six point nine billion in arms sales an eight point two billion dollars profit for boeing because they also make a lot of money just from selling regular jets and things like that and then number one the biggest arms dealer in the world number one by far lockheed martin out of the u.s. . point nine billion dollars in arms sales two billion dollars profit lockheed is a. lockheed is actually the largest defense contractor in the world. and the other thing you know about him is that so in two thousand and seventeen they had close to forty four point nine billion in arms sales. but what's interesting is that lockheed martin profit or revenue from the u.s. government alone is more than the annual budget total annual budgets of the i.r.s. and the environmental protection agency come by and we spend more than we do at the i.r.s. which is one fully under funded yet that's where we can get a lot of money. which i don't know just make sure that we have clean water and thin

what more can you tell us about the boeing max jet? n, that the pressure from this accident to have these planes grounded has steadily been growing throughout the past couple of days. here's the issue. we're talking about the boeing 737 max 8. this is a plane that's growing in popularity, especially with american carriers out there and other carriers around the world are also having them. yet the faa said we're not going to ground them. boeing says it's okay to keep flying them. but china, indonesia, now ethiopia among others are saying, no, we are grounding them until we know what happened. why? they're thinking as much about this other accident which happened off the coast of indonesia last fall, the lion air crash. 189 people died in that accident. very similar, shortly after takeoff. at the time even as the investigation began the federal aviation administration here issued a directive to pilots saying there is some software issue with this plane which can cause difficulty controlling the airplane's significant altitude loss and pos

wait till you hear who kept the boeing jet in the sky. ng jet in the sky. >>> breaking overnight, the very same boeing 737 max that went down in indonesia last year nearly crashed the day before. who stepped in to save the day? >>> the republicans, if they're in a certain groups, there's discriminations. i was never a fan of john mccain and i never will be. >> wrong side, a trip to the tropics, the president agrees to air his grievances as the president of brazil lashes out against gays and the free press. >>> the democratic field, the white house trying to brand it as socialist plan destined to end in bankruptcy. >>> and the fda approves the first drug to treat postpartum depression. you'll need some patience and some serious cash. welcome back to "early start," everybody. i'm dave briggs. >> and i'm christine romans. that's exciting if insurance companies have cover the cost. they have tried for years to dissituation those baby blues. >>> the stunning revelations about the doomed lion air flight that went down off of indonesia last octob

click, call or visit a store today. >>> grounded jets, canceled flights, the fallout this morning over boeing's worldwide jet investigation. >> bullets fly outside a bay area thrift store. this morning a shoplifting suspect is dead. >> and a showdown on capitol hill this morning over president trump's national border emergency. this morning, the senate weighs in. it is thursday, march 14th. good morning. i'm kenny choi. >> i'm anne makovec. michelle is off. >>> let's get to our weather forecast because that's probably the best news of the day if you like sunshine. there are some people out there that don't. >> give it a thumbs up. >> they have had their share of weather. >> they have had the rain and a lot of it this winter. and now we have the sunshine and hopefully you like the sun because we have it over the next several days. temperatures warming up, as well. here's a live look with our transamerica camera and looking at temperatures in the 30s, 40s

carriers to decide whether to ground this type of boeing jet in the is boeing's best-selling passengerdy in service and thousands more on order. overnight, we learned that boeing is postponing the launch of its huge now triple 7 kpction jet line cher was scheduled to debut this week. cnn is the only network live

have raised concerns about the boeing 737 max 8 jets.his is according to records in a federal government incident database. they could leave their complaints confidently and they did so. this is the aircraft, of course, involved in those two deadly crashes in just the last five months. in one incident, a pilot reported that the aircraft pitched its nose down with autopilot engaged triggering a warning in the sock pit of don't sink, don't sink. so why is this plane still flying here in the u.s.? >> why indeed when it has been grounded in europe, in asia, in south america? the head of ethiopia airlines says the plane that just crashed told the bbc he thinks that boeing should voluntarily ground this plane. but, again, it has not been done so yet. >>> also we're watching paul manafort. the new sentencing in this second trial. today judge amy berman jackson could hand down a sentence of up to ten years. we'll have much more on that in a moment, but we want to start with the latest on the boeing jet. joining us now is jim hall, chairman of th

boeing is one of the stories affecting the market. and the company has reaffirmed the timing of a software update for the now grounded 737 max 8 jets, thee will be deployed in the coming weeks. on theares going higher timeline that it could be shorter. let's talk about how boeing fixes this problem. there is a said we will see the software upgrade being put in to the stalled software system, but will it be enough to satisfy the regulators, or do they want additional sensors to be applied to the aircraft as well? >> we are talking about the software fix, a quick fix, it takes about one hour to download and reports say it will require the system to rely on data from two sensors. it was previously dependent only on one sensor, and when we saw it misfire, as was the case in these crashes, presumably, it could cause the system to force in the plane's nose down. it will limit the amount of pressure that the system could put on the nose, which could mitigate the likelihood of a crash. the question is whether or not the faa will require additional steps, and to know that we need to have the outcome of the investigation from the ethiopian airlin

another blow nor boeing, a multibillion dollar order for its mack jets canceled. it's just the tip of the iceberg for distrust in boeing. president trump speaking with maria bartiromo, who he really says is to blame. and democrats take on the housing industry promising free homes. is this the latest talking point for the left for 2020. and do you shop after having a drink or two? the crazy amount of money americans are spending while drunk shopping and you will not believbelieve where most of us e spending that money. it's friday, march 22nd. thank you for joining us. "fbn: a.m." starts right now. cheryl: here is how your money is moving at 5:00 a.m. on this friday. the dow logging its best day yesterday in five weeks, tech shares, apple, boeing stock march he get right now futures pointing to a lower open. the dow down 131 in the premarket, s&p down 12 and-a-half, nasdaq down 28 and-a-half. over to europe, the european union agreeing to give britain more time to leave the trading block, delaying the threat and potential chai yous o chaos of d brexit. lauren: happy

but other airlines are still flying the jet saying they have confidence, a boeing spokesman said theyo issue new guidance. trey yingst has more. >> boeing issuing a statement earlier today saying that safety is the number 1 priority. there are new questions about the company after two fatal accidents within a six month period. the u.s.-based company said they're taking every measure to understand all of the aspects of this accident that killed 157 people in ethiopia. while many countries are grounding the 737, american airlines say they're confident in the plane. as u.s. carriers go, southwest is the largest purchaser of 737 max 8 airplanes. they told passengers today they won't be refunding tickets for those that don't want to fly on the plane. >> trace: what is the latest on the investigation? >> trace, right now there's multiple countries and organizations including american faa and ntsb that are sending teams to ethiopia to assist investigators and gathering information. as condolences pour in for the families of victims lost in the crash, many countries are grounding their 737 ma

david. >> rob marciano, we'll be watching you all weekend long. >>> to major news on boeing and those new max jets that have been grounded after news many were missing important safety features that boeing charges extra for. tonight indonesia's state-owned airline says it wants to cancel its $5 billion order for 50 new jets claiming passengers don't trust boeing anymore. here's abc's david kerley. >> reporter: just days after learning the pilot of the doomed lion air jet from indonesia was flipping through his emergency check list before the crashing, tonight word that that country's state-owned airline wants to cancel its 737 max order. garuda air appears to be trying to negotiate to avoid a cancelation penalty on the $5 billion deal. meanwhile, abc news has learned boeing's software update is expected to be certified by the faa early next week. in the first max crash, an improperly installed sensor provided bad data. the one sensor triggering the jet's nose down movement 21 times. boeing's fix? rely on both sensors, initiate a dive only once, and the angle of that dive will be less. >> you need

is similar to the line air jets, putting boeings software in the hot seat. the story. >> this is a voice warning, next the sticks taken warning alarm. the nose pitches down and the ground fills the windshield, aided by proper training the pilot gets the plane back under control.this 2016 aviation netwy give the last moments of ethiopian airlines to make 302. it's nose began to pitch down. the first officer radioed in flight control problem, but the nose dive down to my pitch up before the radio goes dead. the pitch control computer in the max 8 automatically activated before the plane dove into the ground. reuters reported today that u.s. and european regulars new two years before the lion air crash, the usual method of controlling the 737 max's nose angle may not work in conditions similar to those in two recent disasters. regulators cleared the plane, knowing that additional training needed to fix the what two sours tell fox news and what the acting faa chief said u would've wild pitch and pitching, sometimes called runaway stabbed trim in any version of t

at boeing this morning and its troubled 737 max 8 jets. indonesia's national airline just announced it is canceling a multibillion-dollar order for 49 jets. boeing meanwhile is reportedly taking new steps to ensure the kind of crashes that happened in indonesia and africa do not happen again. insiders say the new equipment will alert pilots about faulty information from key automated sensors believed to be tied to the recent crashes. >>> this morning, a 3-year-old boy recovering after being shot in the face inside an east oakland home. now, a security guard faces charges. police say the toddler's 10 and 3-year-old brothers were there at the time of the shooting but it's not clear how the gun went off. according to "the mercury news" clarence kelly faces gun and child abuse charges because his pistol was not secured. he is pleading not guilty. his toddler is expected to be okay. >>> we are learning more about a man killed in a stabbing this week near fisherman's wharf. he's identified as 44-year-old brooke pettijohn. according to "the exami

china has grounded its fleet of boeing 737 max-b jets following the ethiopian crash tilling all when n board yesterday and just months after an earlier disaster in indonesia involving the same model. putting the spotlight back on boeing. stephen engle is tracking the story for us. the very latest on these groundings. momentum is building. where are we in terms of the moment? en: not the spotlight that boeing wanted on its workhorse in the aviation industry. -8 and we areax hearing today from the civil aviation industry of china saying they have put a temporary grounding of all 96 of the boeing 737 max-b in service in china. many more on order from china. 20% of the order and delivery book of that model for boeing. a significant size. china has ordered a temporary grounding until they get assurances that the aircraft is safe. china eastern also seeking assurances that the aircraft is safe. ethiopian airlines also grounding today it's entire fleet. it had five. it now has four and 30 on order. another 25 on the way for ethiopian airlines. some other airlines in the region watching the s

jets. the second thing was a close relationship between the federal government and boeing. transportation secretary elaine chao laid out her top priority to congressional lawmakers following two deadly crashes involving ♪ [ singing ] 737 max eight jet. >> safety is always number 1 of the department transportation. >> reporter: the crashes, earlier this month and back in october, resulted in 346 deaths. the fa made the decision to ground the max 8 fleet only after other nations had already done so. >> based on the information that everyone had at that time, there was no factual basis upon which to ground planes. >> reporter: acting administrator dan ill will testified before a different panel wednesday, about the agency's oversight of boeing. lawmakers question him him about the f.a.a.'s process to certify the safety of the 737 max. >> how do we ensure the f.a.a. can take over safety evaluations when issues are discovered during testing and evaluation phase? >> it is an active, constantly changing dynamic in a certification and that is what happened on the certification in th

. >>> plus continuing coverage of authorities in several countries grounding a boeing jet after that second deadl crash with this aircraft. susan hogan has what you need to know if your flight is on one of these planes. >>> only on 4, how a man who shot a police officer but was found not guilty because of insanity was able tourn around t >> announcer: you're watching news4 at 5:00. >>> virginia state police are completing exhaustive review of their do not sell firearms list this evening. newhis action comes after learned a man who shot an alexandria police officer recently bought a gun legally. in a story you will only see on news4 julie carey explains how thathooter was able to get gun and what's being done to make sure this doesn't happen again. >> it's bad. especially, you know, so soon after he gets released. >> reporter: that was former alexandria police officer peter la boy's reaction when he learned last month the man who ot recently rearrested. he was found not guilty by reason of insani in 2014 but last summer a judge released him from a mental health facility. this search w

. >>> also this morning the scare involving one of the grounded boeing jets. g flown to a storage facility was forced to make an emergency landing. plus, is boeing any closer to a fix? >>> plus, how a man ended up all smiles after losing his wallet and how he tracked it down in one of the smelliest, nastiest and grossest places possible. >>> why the pope was caught on camera doing this. vatican catholics trying to kiss his ring. cold and flu season, perhaps? it's wednesday, march 27th. >> announcer: from abc news, this is "world news now."is wed. >> and you finally showed up to work for your own show? >> here i am. >> janai norman is back. >> so glad to be back. so glad to have kenneth back in the seat today. >> thank you, appreciate it. >> all week. >> i will be here for a little bit. >> yeah. >> i can honestly say after you were gone for two days, i really, really, really, did not miss you. >> lies. lies. lies. he was texting me the last two days nonstop. >> when are you coming back? hurry up, it's your show. get back here. >> look at you trying to front for