that was kichlt at lockheed martin women make up quarter of exempt employee.uit an improvement from 30 years ago. company officials say more work needs to be done to attract additional women to the work force. >> mark is the vice president of engineering. >> leaders in the next general rigs of female to science and technology and be the jerry that design the mars and satellite. >> students also took part in paper airplane contest with engineers. unique component designed to stir up some conversation. >> easy to say let's build something. >> build witness simple paper. modify and see to do better. >> inspiring the next general rigs of engineers one conversation at a time. in sunnyvale chris winn abc 7 news sunnyvale chris winn abc 7 news. >> fantastic. >> absolutely. >> speaking of science. over to drew. >> we are talking about in terms of weather tomorrow. cooler cloudy then rain in the forecast for the first half of the weekend. nationwide look at the weather pattern. east coast seeing some quiet but cool weather where the activist finally coming on the west

in the case of lockheed martin, lockheed martin is going to take advantage of the geopolitical unrestything that's going on in the mideast, they'll capitalize on a lot of the countries as the situation begins to unfold. liz: nice chart, but steve, he's pretty negative overall on stocks. what would you say to him? >> i'd say when lent is over, get back into stocks. we see the averages going 2500 two or three years from now. we just left a secular bear market that lasted 15 years. earnings are pretty solid. little soft right now, but they'll have another leg up. the economy is recovering from five years ago nowhere. interest rates are abnormally low, and they're going to stay low for a long time. liz: jeff, you just made a point that sent a shiver up me where you said the nature sif starting to unravel. today the fed minutes come out and they're worried about changing the word patient because of what the markets may do. is there a way to put a sheet of teflon wrapped around a portfolio at this point? >> think about this, we've been spoon fed low interest rates. we've grown to be used to

i'm talking about lockheed martin. >> i could not agree with you more. don't forget lockheed martin has great management and a lot of orders from other countries. the other guys have to stick in too. ken, you have yes, highest praise. how about tracy in michigan? tracy? >> hey, jim, how are you? >> okay how are you? >> good. certainly early happy valentine's day, too. >> thank you. >> i've had rite aid in the portfolio since 2012. with the announcement of the acquisition yesterday, i would appreciate your thoughts it's a little more complicated than it used to be. >> they became propriety airy pharmacy business management overnight. i urge you if the stock goes below $8 to buy even more. i tip beingly go into the violate my basis. that's how strongly i feel that rite aid is going higher. i need to go to jack in nebraska. jack? >> boo-yah from university of nebraska lincoln, jim. >> oh, man. we're there. well, invite us and maybe they'll let me be there. >> all right, jim. the stock electronic arts has gone up nearly 60% since i bought it in june. so i gu

i have a you all to head upstairs for a very nice reception for our sponsor, lockheed martin. thank you all. >> our look at academy award nominated films continues later today with author george dyson. his book is a reference to alan turing who is portrayed in the film "the imitation game. >> in about 15 minutes, our live coverage of the national governors association winter meeting continues with the epa administrator, gina mccarthy. she will be part of a session on energy and water security. until then, we bring you part of this morning's "washington journal." we want to welcome adam green the cofounder of the progressive change campaign committee which is what? guest: it is a million member national grass roots organization, we do about half electoral work and our main focus is economic populism issues and democracy issues. in fact we coined the phrase, elizabeth warren wing of politics. our members chipped in over $1 million in small dollar donations. and we have been a champion of some of her issues. host: we love political paraphernalia. she insist that is she is not run

were part of engineers week. 20 club members from san jose high school scored an invitation to lockheed martinh special access to a facility where solar panels are made for space craft. >> pretty eye opening. i get a good feel of what engineers do. >> engineers encouraged the girls to nurture their interest in science and engineering. >> silicon valley is being asked to chip in. >>> a snow ball flight on the floor of the u.s. senate as a lawmaker makes a point about climate change. >> bulldog:g: oooh! mattress discounters' $197 mattress sale! television announcer: get a serta mattress any size for just $197 each piece when you buy the complete set. the $197 mattress sale... bulldog: oh boy! television announcer: ...is on now. ♪ mattress discounters ♪ lowe's presents: how to put your foot in your mouth. man. wish my yard looked like yours. hey, the grass is always greener on the other side of the... sorry! now get the black & decker® 20-volt trimmer for $79 at lowe's. >>> and update on our breaking news, a cliff rescue just north of the golden gate bridge. sky 7 is live in golden gate national

engineers at lockheed martin in moorestown inform, explored the power of duct tape today. that's them right there taped up to the wall. they teamed up with a bunch of local students for national engineers week and in addition to exploring duct tape's amazeing strength, students also had fun with row pot ticks. look heed martina global security and aerospace company and contracted for nasa's orion missions to mars. great mentors for these children today. ♪ >>> i didn't see them trying to duct tape big fella. the phillies infield lost its leader jimmy rollins leaving a big hole on the left side. codey ash she to step up his game at third base was ryan howard at first and an aging chase utley that infield could potentially be awful defensive defensively. there have been talks of ash she playing at left field but for now he'll stick to third base working with phillies legend larry bowa on improving his glove at that position. this relationship can really help him out 10 fold. >> i think we have a good relationship um, you know it took a little bit for us to kind of see hi to e

mayor michael nutter kicked off the 45th annual lockheed martin pal day this morning. 18 high schoolers took the oath of office and then spent the day shad going senior level city officials. 6abc president and general manager showed his support at the ceremony today. >> everybody is in camp ready to get to work. >> lots to talk about with this phillies too. phillies will hold their first full squad workout tomorrow. today the media tried to pull a full court press on ryan howard. jeff skversky in clearwater with more on ryan and his relationship with management. jeff. >> reporter: deucis on his first day here in phillies camp ryan howard says he feels great he chatted it up with phillies fans signed some autographs. manager ryne sandberg says his first baseman is in good spirits after a long talk. of course howard had quite the off season trade rumors and harsh comments from his general manager. a big hug for the big piece. ryan howard among the remaining veterans to report to phillies spring training today. general manager ruben amaro recently had a heart to heart with howard after say

for three years he was a flight service specialist for lockheed martin. >> i wanted the pilot to know everything they need to know so they can -- the pilot and everybody aboard that aircraft can safely get to their destination and see their families that night. >> from an aircraft hangar in arizona, he recounts what led him to blow the whistle. >> i felt it was the morally right thing to do. i have always believed in disclosure and being up front and honest. >> reporter: he wasn't certified to assist pilots in all parts of the u.s., just in three mountain states. but often, calls came from locations he wasn't familiar with. he says managers instructed him not to reveal his actual location when pilots called for help. >> i would say, this isn't safe. this is really deceptive to the aviation community and i'm not comfortable with that. >> reporter: after repeated warnings, he was fired for not following lockheed's policy. the company said his claim of retaliation was found to be without merit. >> the whole compromise testing process, technically, could put the whole nation at risk. >> r

were part of engineers week. 20 club members from san jose high school scored an invitation to lockheed martin with special access to a facility where solar panels are made for space craft. >> pretty eye opening. i get a good feel of what engineers do. >> engineers encouraged the girls to nurture their interest in science and engineering. >> silicon valley is being asked to chip in. >>> a snow ball flight on the floor of the u.s. senate as a lawmaker makes a point about climate change. >> what's that thing? i moved our old security system out here to see if it could monitor the front yard. why don't you switch to xfinity home? i get live video monitoring and 24/7 professional monitoring that i can arm and disarm from anywhere. hear ye! the awkward teenage one has arrived!!!! don't be old fashioned. xfinity customers add xfinity home for $29.95 a month for 12 months. plus for a limited time, get a free security camera call 1800 xfinity or visit comcast.com/xfinityhome. >>> and update on our breaking news, a cliff rescue just north of the golden gate bridge. sky 7 is live in golden gate national

cory: i wonder if the business of private space stuff -- with going on with spacex and lockheed martiner if the business -- we have this general belief that people work in a problem-solving way -- are you seeing that innovation because you've got some buddies going after the big dollars? >> i think we are seeing that innovation. we have parallel paths. if boeing or spacex has a problem, we have parallel paths to get humans do the space station. cory: i'm glad we were the matching blues stop welcome to "bloomberg west." now for a check of world news headlines -- big innovation the packaging business. colorado-based ball will buy london-based rexam four $6 billion in cash and stock. it's a large -- largest maker of beverage cans. ball says it will keep its headquarters in the u.s. the european central bank released transcripts of its monetary policy meeting for the first time and documents show most ecb policymakers see buying government that as the only option large enough to fight against inflation. the ecb will launch a 1.3 trillion dollar asset buying plan next month. lenovo has disa

we talk about lockheed martin and rock well collins. and even atk. i think those areas over the next couple of years are going to see some growth. >> are you confidence to get into the space, pete? what do you think? >> for right now, i think we could still see a little bit more of that. it's the combination ecosystem. china mobile with apple. i think that combination and some of the numbers they've been able to put up, that combination both have growth. this is just the beginning. this was the holiday quarter, the launch of the iphone 6 and the 6 plus. i think there's growth. >> i'm actually not as bullish on that. i actually believe that when you think about it what does china mobile have 700 million users or something like that. when you think about this iphone upgrade cycle, i'm not certain there's enough people in china what would move the needle for apple where it's going to make a difference near term. let's see when that s upgrade cycle. let's see if they can continue those sorts of rate. i'm not certain. let's see in october. >> you had hous

. >> reporter: mars one partnered with lockheed martin which is conducting to land in 2018. some scientists not on board with the idea of a one-way trip and question whether mars one will be ready for liftoff in ten years from now. >> i don't know 2025 or 2030 or 2035 are realistic, but i think it will happen. again, you know, our human nature is to explore. >> reporter: but is exploring a planet millions of miles away worth leaving family behind? when asked, here's what carrey told me last year. >> i don't know if i have what it will take to turn my back on my family. but this is the only thing that would make me even think about trying. >> reporter: and now? >> i told my daughter and she was like i am really conflicted because i want to support you and on the other hand i really don't want you to go. and my son was a little less, you know, like that's great, dad. with my wife it's a lot more tense. >> it's amazing though. i mean some of these people have such idealistic views of why they want to do this. we went from 200,000 to 100. now where from here? they're not all goi

lockheed martin general dynamics and harris which just brought our fav exelis last week. they're regarding as the arsenal of democracies and dictatorships against the religious fanatics. it means war orders for the companies. then the organic and natural food theme which i'll never let you forget. a fantastic conference call. whole foods is back on track after that last quarter. i love what i hear from those guys. hain celestial and chipotle are biding their time. some of the cyber security stocks are overvalued but it doesn't seem to matter. that's how hot this fashion trend is. here's the bottom line. i typically don't like to invest in what's hot but trading it is a different story and as fashion week continues you can bet these groups all have more room to run. let's go to florida. >> hi booyah how are you doing? >> booyah. >> caller: having a question about transocean. what's your future out look for this company based on the low prices of the oil? >> well it was smart they preserved capital. that's why it didn't go down. it's a big dividend cut. i like that the new

years upon years and years and we're throwing those people out in order to give more money to lockheed martin for weapons that don't work, and by the way -- >> if i wanted to be a billionaire, i would design a weapons's and sell it to the u.s. government. those are fat paychecks. lieutenant colonel, thank you for being here. >> thank you, kennedy. kennedy: joe biden spoke about the dangers of wealth inequality and america's richest warning the rest of us. >> there's an awful lot of black and white americans in a situation where people earning the equivalent of a million dollars are not bad people, they now control 1% of the them control 23% of all the income in america. this can't stand. this cannot continue. kennedy: yeah, he went onto say, we should do something worthy of emancipation. i think that's very offensive to compare class warfare to something as important as emancipation. and i don't think joe biden has a solid grasp on the 1% problem either. does that make me crazy? a couple think so, that's why it's time for -- >> you're crazy, kennedy. kennedy: absolutely nuts. juan williams is

a viewer points out that camera was made in palo alto at lockheed martin. it was supposed to launch on sunday, but was stopped because of problems with radar and yesterday because of weather. they hope to launch today mid afternoon california time. the washington nationals baseball team is suing the online financial adviser wallet hub. the nationals say wallet hub's logo is too similar to theirs. wallet hub said, you got to be kidding. this is the wallet hub logo. they are both ws. the ceo points out lots of people use ws. this is w hotel this is wrangler jeans. and this one is walgreens. he says, yes, this is the one. he says how is it you're picking on us when this is walgreens -- maybe it's the other way around. >> the one on the right is wall greens. at first i thought the one on the left was -- >> i'm in washington, which is fairly often, i see this i assume it's walgreens. i see it all the time. >> so you root for walgreens? >> hthis is a good year to root for the nationals. >> no giants all the way. >> we're not rooting for them. sorry. >> giants wou

. >> for three years aaron worked as a flight service specialist for lockheed martin helping pilots planconditions. >> i want the pilot to know everything they need to know so the pilot and everybody aboard that aircraft can safely get to their destination and see faes that night. >> from a hanger in arizona, he recounts what led him to blow the whistle. right thick to do. i've always believed in being up front and0 >> he wasn't certified to assist9dj#mp r(t&háhp &hc lots in all parts of the u.s. just in three;x mountain states. but often calls camepj rom locations wasn't familiar with. he says managersg#85 not to reveal his actual location when pilots called help. >> this is deceptive to the aviation community. >> after repeated warnings he was fired for not following the company's policy. his claim of retaliation the company said was found to be without merit. >> the whole compromise testing process technically could put the whole nation at risk. >> mike tells a similar story. for a decade he served as quality insurance lab for a major indoor air quality testing company in the u.s. in

they scored an invitation to lockheed martin. >> it was pretty eye opening.t a good feel what engineers do. >> on the agenda special access to the solar array facility. >> i was able to be a part of what they were doing. the fact that i was able to touch the button and make double solar panels that was cool. >> women make up nearly a quarter of exempt employees. quite an improvement from 30 years ago, more work needs to be done to attract additional women to the workforce. >> mark is the vice president of engineering. >> and they'll be the leaders of tomorrow that will then bring the next generation of females to science and technology and be the engineers that design the next mission to mars and the next satellite. >> students took part in a paper airplane contest with engineers. >> it's easy to say let's build something with the simplest materials we can, paper, see how you do. modify it and see whether you can do better. >> inspiring the next generation of engineers one conversation at a time. >> in sunnyvale, chris winn abc 7 news. >> what a neat event. >

. >> for three years, aaron worked as a flight service specialist for lockheed martin. he helped pilots plan safe paths by alerting them to weather conditions. >> i want the pilot to know everything they need to know so the pilot and everybody aboard the aircraft can safely get to their destination and see their families that night. >> from an aircraft hangar in arizona, he recounts what led him to blow the whistle. >> i felt it was a morale right thing to do absolutely. i always believed in disclosure of being up front and honest. >> he wasn't certified to assist pilots in all parts of the u.s. just in three mountain states. but often calls came from locations he wasn't familiar with. he said managers instructed him not to reveal his actual location when pilots called for help. >> i would say this isn't safe. this is really deceptive and i'm not comfortable with that. >> after repeated warnings he was fired for not following lockheed's policy. the company said his claim of retaliation was found to be without merit. >> the whole compromised testing process technically c

lockheed martin, assuming the thing lifts off. it was supposed to ride this rocket on sunday.delayed after problems with the ground radar and yesterday due to weather. they're hoping for midafternoon today california time. >> take a look at this new video this morning from boston dynamxes. a google robotics company that makes a robot dog has made a smaller dog called spot. i don't know if they don't have different names or what. still, ever so slightly creepy but not quite as scary as the big dog robot. >> i wouldn't say ever so slightly. i would say super duper. it doesn't have a head. >> it will just chase you across the parking lot. >> i'm going to have a dream about that today. thanks. >> silicon valley said it's stepping up and diversifying the work force. while tech companies are branching out, the companies that fund them, the venture capitalists are not, not when it comes to funding women. we have new research that proves that. peggy bunker is here with the story story. >> so you've got an idea for a business, and it's a good one. you don't have the money to launch it

to put drones into that bag might be good for lockheed martin and ratheon that manufactured these drones but it is not a smart thing to do in the technology spread. all technology migrates. as we saw with nuclear weapons, with you don't you don't want drones to speed up this process. >> this is going to rope other countries into killing other civilians, but is the latest hottest, and easiest technology for taking out terrorists -- but i sense you think this is a slippery slope. >> you just put your finger on it. in order to be reasonably assured you're doing the enemy in and not civilians, you must have a massive and good intelligence complex. tactical and strategy operations. they're just going to go kill whatever happens to show up in the apature of the mechanism. the world is awash in arms. look at libya. we used air power in libya with nato. they constitute the greatest arms bizarre in africa. 20,000 shoulder fired missiles all kinds of weaponry available to isis and isis like forces because libya had its dictator taken down. >> i want your take on the economic ties the united states

our lockheed martin with 57 more f-35s. unite technology.th more pa's and cape 46 it's and northrop drummond competing for a new ship. the airplane has set aside over $2 billion for space for 2016 after zero the last couple of years. the u2 continues to live, but the a-10 dies, and they're proposing closing for bases. the last two will be tough for many members of congress to swallow, and, guys, given the continuing strategy stres put on personnel and resources, the pentagon is saying our military will not return to full readiness for at least five more years, and budgets over that time as proposed will total $150 billion above sequestration caps. >> you have a personal angle to this story too, don't you, that feeds into this? >> well, it's -- yes, if i -- half the military budget is for military pay and health benefits, and members are going to get a slight raise. like 1% this year. they're going to have to pay 4% more out of cost. in my own family what we see -- my husband is former navy. his very generous pension kicks in in five years. h

that is a win for lockheed martin. for boeing over $6 billion for more p.a. subhunter planes and to develop the next refueling tanker. at least $13 billion for new ships and replacing those old nuclear subs helping general dynamic northrop drummond and engles. the $535.5 billion baseline budget is almost $35 billion overspending caps. plus, another $50 billion on the side for finishing up in iraq and afghanistan. if congress does nothing to stop sequestration, there could be consequences for the national security. at a time when our military is stretched on a whole range of issues. >> however, a republican controlled congress may not necessarily be pro-defense at the expense of the budget and it may not want to balance the budget with custom military pay and benefits meaning it will be weapons programs at risk. though the navy really needs new subs. the air force seems committed to the f-35. the pentagon wants to retire. though the fleet of 18 warthogs, and, sue, some in congress love that program, and they may not want to cut it. basically everyone is down t

the mentoring program is in its 40th year and made possible by lockheed martin. >>> we're back in the deep freeze tonight. that's bad news for water department workers. extreme cold is to blame for water mains breaking every day across philadelphia. next how many have happened so far this winter and how that compares to last year's total. >>> encouraging news for the millions who suffer from peanut allergies. parents listen up. a new treatment could protect your kids from the life-threatening condition. first, here's what's coming up tonight on "nbc10 news" at 6:00. >>> my job is florida's governor says his state is better for pennsylvania impeesz. >>> state liquor stores about to lose customers. coming up the one step closer pennsylvania is to privatizing sales. count on "nbc10 news." 16 to 20 hours a day. take a look at these numbers. so far, there have been close to 400 water main break this is winter. that's an average of five breaks a day. last year was a more brutal winter for the department. there were 529 breaks between december 2013 and february 2014. >>> i'm nbc10 vince latt

we also appreciate the continuing support being provided by lockheed martin since the very inception. this focus on policy is typical of the innovative character of the elliott school of international affairs, one of the leading schools of international affairs they seek to create knowledge and inspire action to address global challenge. my role is not to introduce perfects her hollands. i will note only that his pioneering mind is one of the greatest of our era and that he has combined profound insights into the nature of the universe with an admirable commitment into making those insights available to the general public. it is a privilege and an honor to have him on our campus. it is now my pleasure to introduce ambassador russell who serves as the associate director and deputy director for technology. nominated by the president and some to the senate in 2002, he served as the president bush ambassador to the 2007 world conference and first came to our staff in 2001 following a decade of service on capitol hill where he worked on science and technology issues in both houses of congr

. >> at lockheed martin important stuff hangs on the wall, the complicated engineering stuff that theyy, their workers are smart, serious but even though enjoyed a good role of duct tape. >> you can do multiple things witt. >> it is limited only by imagination brings a smile to the face of the judge. the judge of this, four teams and hundreds of people duct tape the find use how long it can keep 120-pound person suspended on the wall. >> it is hard on the knees but i'm going. >> reporter: it took weeks ape careful scientific planning, we used scotch tape to practice. >> reporter: with volunteers. >> hi had no choice in the matter. >> reporter: requirement difficult for measurements. >> the strength is one woman. >> reporter: one stuck on the wall the team light weight wait hung around waiting for the tape to loosen up. >> the creek iness is freaking me out. >> reporter: that doesn't scare this experienced woman. >> i have been duct tape. >> reporter: do you enjoy it. >> we can call it 50 a shade of gray with duct tape. >> reporter: one shade that peels away one with woman in one minute

philadelphia mayor michael nutter and other public officials took part in the 45th annual lockheed martin pal day at city hall this morning. 18 high school students were officially sworn in and then were mentored by various public officials today. 6abc general manager took part in the event at city hall. >> it was another enormous weekend in state college where penn state students danced to raise money for the fight against pediatric cancer. the annual thon event brought in more than $13 million this year. students got pretty emotional yesterday as they wrapped up that 46 hour dance marathon and learned the total the result of their hard work. money raise ready go to the four diamonds fund at penn state hershey medical center to help out patients and their families. always a great event and a great job. >> yeah. >>> still ahead bill cosby backs out of more tour dates. the reason he's giving for backing out of of out coming up. >> we'll get back to that coverage of that massive tanker fire. another live report with how it's impacting people who live in that area. >> it's a law most people

excellent remarks and the q&a was wonderful, thank our sponsor lockheed martin one more time and our partner csis. we think this is a wonderful partnership, between us, the naval institute and csis. thank you very much, sir. give the commandant a hand. >>> all this week, c-span2 has been showing washington journal's recent tour of historically black colleges and universities. today it is a look at tuskegee university in alabama at 6:30. at 7:15 we'll show you our tour of xavier university in louisiana. and while congress is on its presidents' day break, we're showing american history tv in primetime. tonight, japanese internment during world war ii. that starts at 8:00 eastern with real america and a 1944 documentary on the living conditions at internment camps in arkansas and wyoming. and then at 8:20, lectures in history with a course on how the press handled the japanese internment. at 9:25 eastern, american artifacts takes you through the japanese american national museum. and at 9:55 eastern oral history with former congressman norman mineta assigned to a japanese internment cam

companies like hertz to move to florida. 700 jobs, averaging over 100, lockheed martin, at&t, verizonafter jobs in every state. my biggest competitor has been rick perry. when i won my election in 20s 10, i had met rick perry but didn't really know him. we met at an event. i told him i am going to kick your rear because you have been the gold standard for jobs. i have gone after jobs. he went on national television and joke about who was the best state. i joke now he is given up. i try to recruit companies from all over the united states and all over the world. i want florida to be the place where if you grew up in florida you want to live in florida, you know you can get a job and your kits can get a great education. >> how helpful is that with perry? >> good because when i got started doing this texas was a gold standard. they didn't lose jobs in the recession. florida had lost all of those jobs. so, if i could be perceived to be competitive with texas, it was good for us. we went on squawk box different shows together. we did some forums together and i just asked him to say you are

lockheed martin, at&t, verizon, naval federal credit union. i've gone after jobs in every state. my biggest competitor has been rick perry. when i won my election in 2010 i met rick perry but didn't really know him. we met i think at an rga event. i said governor i'm going to tell everybody i'm going to kick your rear because you've been the gold standard for jobs. so i've gone after jobs. we went on national television and joked about who was the best state. i joke to him now that he's given up. i've tried to recruit companies from all over the united states and the world. i want florida to be the place where if you grew up in florida you want to live in florida and you know you can get a job and your kids can get a great education. >> how helpful was that playful competition with perry? >> when i got started doing this, texas was the gold standard for job creation. they didn't lose jobs in the recession. florida lost all those jobs. so if i could be perceived to be competitive with texas, it was good for us. we went on squawk box, national television shows together. we did some

thank you for the lockheed martin for this here today and the coffee you are enjoying and i'm glad to introduce paul zunkunft and peter daly. we have partnered to try to bring a forum together to discuss major issues in the maritime. and it is wonderful to have as our second speaker just after the cno spoke the commend -- the 25th commandant of the coast guard admiral zunkunft. we have the bridging of the worlds of homeland security and law enforcement with national security and the coast guard lives every day in that space. from his own personal experiences, serving as the federal deepwater horizon oil recovery efforts to the asia-pacific, the admiral per sonifies what the coast guard is about and without further ado and thanks in advance for admiral dally for moderating i would like to introduce admiral zunkunft. [ applause ] . >> thank you very much and admiral dally thank you for stepping up to moderate. as i scan the audience i see many writing physical reports about me today. and it is important. because i spoke at sna yesterday and there were people that didn't realize all of t

lockheed martin saying a series of manufacturing changes and technology investments driving down thet of its f-35 fighter jet. sflimplts california representative janice hahn has become the first democrat in the new congress to announce she won't seek re-election, citing frustration with washington's partisan gridlock. she has served in the house since 2011. >>> coming up on "mad money" jim cramer talks to six flags ceo jim reid-anderson. that is the cnbc business news update for this hour. let's get over to dominik chew now for an update on that exxon refinery situation out in california. hey, dom. >> thank you scott. we have new details here again just to bring you up to speed. there has been what exxonmobil characterizes as an incident at its torrence california refinery southern california right near the 405 highway. again, some of the live shots have been fairly fairly dramatic here with regard to the structural damage done to this part of the refiner where i. you can see there there are some at least what look like vehicles that are no longer able to be moved. there are fire ho