president of the business roundtable john engler, the president of the airline pilots association, mark baker, president and ceo of the aircraft and rand policy association, the president and ceo of airlines for america and carl renault, president of the national air traffic control association. thank you for being here. and before i let you start mr. larsen wants to be recognized. >> thank you. i want to enter into the record a letter from clark wrote regarding issues she has around la guardia. >> so ordered. with that, we recognize first general skoboll for an opening statement. >> members of the committee, thank you for inviting me to testify on efforts to modernize the national aerospace system. faa has undergone considerable change after congress granted several important reform of stories. faa is also in the midst of a multibillion-dollar effort to improve the efficiency of its aircraft system. my testimony today will highlight several challenges we have identified through ongoing and recently completed audits as it tries to meet its modernization and reform goals. first faa has institu

>> well it's baker's mark with apple and ginger beer one of our, justin mox, our mixologist made thisand stay home and watch cooking shows with great chefs, with julia childs or yang or the ragin' cagin' always a kun one to watch, too. something i was gravitated to and it was fun and then i started cooking. >> you had your first job, what? in bakri at 13? >> yeah i was -- shouldn't say that. yes, definitely. it was fun. a local bakery. making basically just muffins and rolls and serving coffee. but it was fun, because it was the first time i actually worked with ovens and dealing with stuff like that so -- >> how come you went to traditional college before culinary school? >> my mother's an educator. we always want to please our mothers. that was really the reason why. >> promise to mom. got to honor that. >> yeah. got to honor that. >> you wented ednded up working from big places? >> i was blessed. i really wanted to enhance my career by working for the best chefs. to learn from the best. one day hopefully i could go down that same route. >> i look at your background. interesting. ob

if you combine halliburton it made $29 million last year $22 billion for baker hughes that would put it near the $51 billion mark. >> it is coming at a time oil is moving sharply lower, losing quite a bit. what are implications. >> some say this could mark up bottom if you stooart to see mar players consolidate. >> it could be that you will have two or three major, major players. what will be interesting other smaller players can consolidate on the heals of thels of >> could trigger that. thank you. >>> despite the slump in oil, here's how things looks at the close. dow ending at a new closing high. nasdaq up 5 and s&p up 1. >> walmart share shot up near 5%. encouraging news. we have more. >> the third quarter was stronger than expected for the world's largest retailer, though wa walmart remains cautious for the holiday quarter. for the first time in seven opened by one half%. in store traffic fell for the aeltth straight quarter. walmart ceo said the traffic trend is improving, adding, probably the benefit of lower gas prices. according to chief finance office, it is hard to know how big the benefit really is.

the president, or jim baker and the legislateive group was having people in, and mark and bill will remember this, and the deal is who is coming in and which democrat is he trying to lobby. so my assignment was to stand down there with a walkie-talkie and let john and judy know who was coming in for the evening sessions in the yellow oval room up stairs with the president and he would have note cards and take the assignments from the legislature strategy and the lobbying was intense to get the a-wax sale for the saudi arabia -- the saudi's. been anything else, that was the way the lobbying went. and you had mobility and you could move around the ground. and want to circle around talk about your knowledge of the president and whether that made a significant difference in the reporting. on that point, i want to go to brooks and ask about the visual element of this. were there -- did you have meaningful access to the presidents whom you covered and can you think of examples of how that happened? >> how would you define meaningful access? [laughter] well, bush at his ranch, maybe. i remember tha

the wall street journal" reporting between haliburton and baker hughes, shares reopened in time to close basically, closed just shy of that $59 mark. get to it with today's panel. herb greenberg is here. so is lee gallagher from fortune magazine and john najarian. dragged him into this, brian kelly joins the fray now as well. welcome one and all. herb, we are saying this deal came out of nowhere. >> out of left field. >> when you see something like this, you may, my goodness, everyone wants to know immediately, what happens next? who's next, if this one doesn't get challenged, even if it gets challenged, you have reignited, perhaps hysterical about the drop in oil prices, it has been an astonishing move since the summer here. we saw big pressure on those su burnt deal potential. what happens now to the names across the space? >> there are so many people from noble energy. there are so many that have the potential. dry as well as deep-water rigs. what are you going to go for and shale plays? this can be a dramatic turn here financials that give the market a leg up. energy such a large component in the s & p 500. >> what is your per

mark defriest." when we come back, bryan stevenson joins us, "just mercy: a story of justice and redemption." ♪ [music break] based on the words of civil rights pioneer ella bakeris democracy now!, democracynow.org, the war and peace report. i'm amy goodman. protests are continuing in ferguson, missouri ahead of the grand jury's decision on whether to indict officer darren wilson. for the killing of michael brown. on wednesday, demonstrators braved subzero temperatures to rally outside the ferguson police department. the grand jury's decision on whether to charge officer wilson is expected any day. there are expected to reconvene on friday. we're joined in new york by bryan stevenson from the eagle justice initiative a group based , in alabama that represents some of this country's most marginalized people -- the poor and the wrongfully convicted. brian stevenson has won relief for dozens of condemned prisoners and argued before the supreme court six times. in 2012, he won a landmark supreme court case that barred states from giving mandatory life sentences without parole to children. the nobel prize-winning south african archbishop desmond tutu has called brya

for example, hydraulic fracturing mark was consolidated heading into the shale boom with the three major players, bj services, acquired by baker 2010, halliburton and schlumberger controlling about 90% of the market. today, those three companies control about 60% of the market with upwards of 45 to 50 players participating in the other section. so i think we will see a lot more consolidation of these smaller players as the market begins to rationalize and recalibrate around the lower level of activity next year and possibly even in 2016. >> finally, michael, does it tell you anything about the company's outlook for oil prices, about whether they expect them to stay at super low levels? >> i think it's really a function of being nimble to response to any pricing environment. as we listen to the emp companies talk about their plans for 2015 on third quarter earnings calls, it is a bit prematu premature, most heading into the budget season right now. so we'll get better clarity on what 2015 will ultimately look like, probably beginning in the january time frame. but meanwhile, the services companies are kind of sitting tight, wai

baker beat democratic martha coakley in massachusetts. even the head of the democratic governor's association was not guaranteed success. in vermont, governor peter shumlin didn't clear the 50% mark. his race will be decided by legislature. the last time they selected a governor was 1853. according to our nbc news exit polls, three significant factors produced this republican wave. number one, anger towards the president at 44%. his job rating was down ten points from where he won re-election just two years ago. number two, clearly, was distrust of government. 54% of americans saying that government is doing too much, taking on things better left to business and individuals. and finally economic dissatisfaction. perceptions in the economy have improved only marginally in the eye, s of americans since the recession ended. with 74% saying the economy is simply not in good shape. so, what happens now? over the next two years as capitol hill and the white house seem to be at opposite ends of political spectrum. we meet the moderator of chuck todd. i trust your cog is beneath that desk there. i know it's been a late one for you. give us your real takeaways from last night. your econom