. >> among the hardest hit airports, jfk and laguardia, along with boston. all scratching more than 70% of their flights. the airlines had which have waived fees for rebooking. this storm like i to 30th bottom line because carriers plan on a couple big storms every winter. >> the revenue loss is gone. but opt meization of getting on your feet and getting the airline working again, the big boys have it down. >> in fact, while the airlines have canceled more than 800 flights for wednesday, as the day goes on, the schedule should return to normal. and by thursday morning, if not by the middle of the day, most airlines will be back at 100% of their flight skes. "nightly business report," chicago. >>> if you have been caught in this storm, you may well be dreaming of a cruise getaway and you're not alone. the cruise industry riding a growth wave and it is going high-tech on keep the vacationers coming. susan lee drew the short straw today and has more from ft. lauderdale. >>> the best wave season in years for the cruising industry. 2017 has started up strongly fo

not only laguardia, but jfk and newark. boston, also not moving today. american, i just got off the phone with. they hope to start up operations into the new york city airports and boston tomorrow by noon. maybe washington today, midday. that's yet to be determined. if you are flying in here, you are out of luck for today. stephanie, back to you. >> thanks so much, everyone. we are looking at the storm up and down the coast. behind me, rockefeller center, i am hearing the zamboni ma sooch on the ice. they want to get out there and skate. we're going to take a break. when we come back, we are going to talk about the other big story of the morning, breaking down the republican health care score and the cbo score telling us 24 million americans will go without coverage. not back. it's looking up not down. it's feeling up thinking up living up. it's being in motion... in body in spirit in the now. boost. it's not just nutrition. it's intelligent nutrition. with 26 vitamins and minerals and 10 grams of protein. all in 3 delicious flavors. it's choosing to go

and then down the coast. those are the airports that are already going to see the most cancellations, according to the tabulation. boston, newark, jfk, laguardia to philly, dwi and into washington, including reagan and dull les dulles. the most affected airline, southwest, jetblue, american, united and republic already canceling flights and waiving the change fees. if you're flying into or out of the mid-atlantic or northeast in the next few days, you may not be flying so you can wave the $200 change fee if you call the airport and say, i probably need to rebook. it's probably not just the i-95 corridor and airports up and down the spine, if you will. we also -- we're also likely to see buffalo, maybe even pittsburgh. we'll see how long the impact is on chicago. it's going to be a rough couple of days. katy? no alternative facts here, all facts. aviation facts. that's the good thing about my beat. >> yeah, you got it easy, although you are also our bearer of bad news today. can you see in these images, the snow is already affecting a ton of people across this country. it will soon be here to the east coast. >>> after the break we'll go back to

i would assume that by this time tomorrow, nothing will be flying into or out of laguardia and jfk.s plays out and how long it lasts and how long the catch up is. as you know that can last several days. >> here's what's coming up on the remainder of the program. angela merkel meeting at the white house. nope. it was pushed back until st. patrick's day because of that storm. but still impacts your money. we'll tell you what to expect when that meeting does happen. we got more gasoline in storage now than any time in the last 27 years. but it may not mean lower prices at the pump. we'll tell you why. on the 31st anniversary of microsoft going public what's old tech doing to say relevant and valuable to your money? that's still ahead on "power lunch". [vo] quickbooks introduces rodney. he has a new business teaching lessons. rodney wanted to know how his business was doing... ...so he got quickbooks. it organizes all his accounts, so he can see his bottom line. ahhh...that's a profit. know where you stand instantly. visit quickbooks-dot-com. >>> white house announcing about half an hou

and really there's no reason to be on the roads. the airports are basically closed. laguardia and jfk over 90% of the flights are canceled. government is closed, the office, schools are closed. so, it's just -- there's no reason to be on the road. it is extraordinarily dangerous and when people go on the roads that then compounds the problem because now the plows can't do their work, et cetera. the subway system we have operating, the underground subway system, we're going to close the metro north, which is the railroad that goes north which is from new york city which is where we have a greater snowfall and we'll be announcing the tractor trailer ban at about 9:00 this morning. but for the most part, so far so good. this storm moved west a little bit so it's more of an issue for us in upstate new york, the binghamton area, central new york. >> as you said we've been down this road before, that bad blizzard last january, the big blizzard where you had an entire travel ban but that's not the case now. you're saying that the subways are open for the time being. most of them. >> subways are open. above ground trains we have

and cancellations at airports. at jfk, planes had to be deiced. at laguardia visibility as this plane disappeared on a foggy runway. the snow moved out, the bitter arctic gold moving in this weekend in the northeast and the midwest. the system that brought snow also brought severe weather to the heartland. kentucky and missouri reported tornados. residents and storm chasers tried to dodge golf ball-size hail. and those strong wind gusts took down trees and knocked the power out in michigan. in the south a coastal storm is expected to move north monday night which could bring another storm system from d.c. to boston. kenneth moton, abc news, new york. >>> meanwhile our weather, look at this. ranging from mild to spectacular, i think. >> the picture says it all, spencer. >> you're right. our weather is quite tame here, quite pleasant. here's live doppler 7. you can see we have no active weather going on right now. the beach forecast for tomorrow is looking pretty good. we'll see mainly sunny skies. maybe a little fog here or there. a light breeze and temperature

we have 5,900 cancellations system wide and the most affected airports, no surprise, it's jfk, laguardia in boston as well. all of the airports in between. philadelphia to our south down into washington, d.c., where they are starting now to resume flight operations ever so slowly. but here in the big apple, they are talking about not being able to significantly resume operations until midday tomorrow because that is a lot of work. here's the problem. you don't want to have a plane sittinout on t ramp in the middle of the snowstorm because you have snow piled up on top of it. they flew all of those planes out and you don't want to bring one in in the middle of a snowstorm because you don't want to have it iced over. it cost a fortune to deice. that's part of the calculus here when they figure out when to bring planes back in and when to get things moving again. chris, back to you. >> were people showing up for their flights? >> reporter: we had hardly anybody here. interestingly, chris, the few people who were stuck here who spent the night or who are still here, they generally are not na

jfk, laguardia -- or five -- newark, philadelphia and boston. had at least 70% of their flights cancelled today. that's going to continue into tomorrow. southwest, american, jet blue and united, that i ha they've bd the post in temost in terms of airlines. then the flight schedules start to normalize late tomorrow. really more on thursday and friday. that's when you see the flight scheduled get back to normal. guys, back to you. >> thanks very much, phil. phil lebeau, of course, at o'hare. we'll see how things, as he said, develop through the day today. >>> keeping an eye on shares of valeant this morning. trading at the $11 price now, down 9.5%. at which one of its largest shareholders, bill ackman and its hedge fund exited. this took place after the close. 27.2 million shares of the company sold by mr. ackman. he is now done with what has been a disastrous investment for him in valeant. this is a stock that was as high as $250 a share back in -- let me make sure i remember -- yeah, back in 2015. it was in 2014 that mr. ackman first teamed up w

airports have basically closed, laguardia and jfk. government is basically closed. real reason to be on the roads and we made that clear yesterday. the rate of snowfall is problematic. it's about 3 inches per hour. 3 inches per hour is basically the point you can't keep up with it with the plows. but by and large so far so good. we'll see how we do as we go through the day. >> you're asking most people to stay home, nonessential state employees being asked to stay home. mass transportation is that operating at all on a limited schedule? >> subways, underground subways in new york city are operating. the railroad, long island railroad and metro north are operating. metro north we're going to suspend later in the day because metro north goes to the northern part of the state where the snowfall is heavier. buses are working in new york city on an intermittent basis depending on the route, but we may suspend bus service according to rainfall. there's no reason to be on the road. when one car gets stuck, mika, as you know, it makes everything harder for emergency workers

the major airports impacted here in the northeast are the new york city airports, laguardia, newark and jfkas well as baltimore and boston. as flight aware.com's misery map, it is clear but red is popping up in the new york city airports as we see delays creep up a z we up, as well. public transportation is mostly up and running. amtrak is running modified service in the northeast. if you do not have a flight already rebooked, chances are you're out of luck today. it could be several days before the airlines clear this backlog. >> thank you very much. >>> that brings us to al. what do we expect? >> interesting, before the broadcast we were talking. the chief of forecast operations for the weather prediction center in maryland said he gave an interview to the ap saying, on monday afternoon, we actually knew that the totals along the coast were going to be lower than we thought but we didn't change it because we basically wanted people to heed the forecast. >> not take it too lightly. >> yeah, not take it lightly. i see that as kind of a cover your butt thing. the fact is, we did say there wa

that i think democrats and republicans can work together on, you know, to figure out how we have light rail going to manhattan to jfk airport. even how we can connect it to laguardiat makes a lot of sense to me. when i travel to other places they have those kind of modern connections, et cetera. >> yeah. >> we need to do that in new york and all over the country. >> when it comes down then to the idea of a border adjustment tax and where we stand on tax reform are so many other parts of the president's agenda, the expectation is the democrats are going to stay together as a block and vote against. but you got excited when we mentioned infrastructure. is there a scenario under which you can imagine where some democrats join with republicans on votes in some of these other things if infrastructure is a part of it given there may be some republicans who are not necessarily going to go with the majority of their party. >> well, listen, we've got to wait and see. as i said, i get confused sometimes by this president because he says one thing one time and then the next time he says something different. and when i look at his initial budget that he puts out, at least wha