just another day at norfolk southern. you forgot the milk! that's lactaid®.ut the lactose. so, no discomfort? exactly. try some... mmm, it is real milk. lactaid®. 100% real milk. no discomfort. >>> just in to cnn a short time ago, in the recovery efforts in the french alps they have now finished a pathway, a road to the crash site from the staging area. you can see the work done right there. this is a very big development to let them get there are more quickly and not just by helicopter. the road also very important to the families who so badly want to be close to their loved ones. >>> 56 minutes past the hour. time for an early start on your money. stock futures slipping after a rally yesterday. stocks higher for the year. the dow jumped 260 points. you can thank janet yellen. the fed chair said the economy is not at full potential. that means rates will be raised slowly. we are watching the possible deal with iran. that will allow the oil markets to change. >>> jay-z and his friends and biggest names in music want to change how we listen. backed by kanye we

just another day at norfolk southern.your numbers, you and stay focused.d, i was determined to create new york city's first self-serve frozen yogurt franchise. and now you have 42 locations. the more i put into my business the more i get out of it. like 5x your rewards when you make select business purchases with your ink plus card from chase. and with ink, i choose how to redeem my points for things like cash or travel. how's the fro-yo? just peachy...literally. ink from chase. so you can. >>> it is not often that a multimillion-dollar member of the sports and business elite is asked to walk into a courtroom, step up onto a stand, swear and then be a witness in a murder trial. and it is probably the very last thing that robert kraft, who's the owner of the new england patriots, ever dreamed he would have to do in his life. and there you have it. look at your screen. that's exactly what he had to do this morning in aaron hernandez's murder trial. and there he is. he's being asked to lift that hand and swear an oath. becau

just another day at norfolk southern. two weeks later. look, credit karma-- are you talking to websites again? this website says "free credit scores." oh, credit karma! yeah it's actually free. look, you don't have to put in your credit card information. whew! credit karma. really. free. >>> just in to cnn, we're learning more about that shooting incident at the nsa head quartquarters in maryland. i'm joined by cnn's jim sciutto. you have more details. >> that's right, this coming from the nsa. it's the first on cnn. it's a tick tock of events that morning. we're told shortly before 9:00 this morning today, a vehicle containing two individuals, that's the car we saw at the top of the screen there, attempted what the nsa is calling an unauthorized entry at this nsa gate here seen. they say the driver failed to obey the nsa police officers' instructions to leave the scene. it stopped, barriers were deployed. apparently the vehicle accelerated then at an nsa police vehicle that was blocking the road. i think you can see that there, the white

. >> norfolk southern steel on steel is the way to move goods. >> all right. now go get rich. >> with terror threats on the rise new worries about the u.s. selling military equipment to countries with suspected ties to terror groups. one of these nations qatar getting $11 billion worth of arms last year alone. and as the president pow wow with their leader this week some law headachers sending a letter asking them to reassess those military sales. should we cut off all sales to all countries that have ties to terrorists. i'm david asman welcome to "forbes on fox." steve forbes, mike owe zaz yan, elizabeth mcdonald carrie she have leveled, bill and john tamny.

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. >> norfolk southern steel on steel is the way to move goods. >> all right. now go get rich. >> with terror threats on the rise new worries about the u.s. selling military equipment to countries with suspected ties to terror groups. one of these nations qatar getting $11 billion worth of arms last year alone. and as the president pow wow with their leader this week some law headachers sending a letter asking them to reassess those military sales. should we cut off all sales to all countries that have ties to terrorists. i'm david asman welcome to "forbes on fox." steve forbes, mike owe zaz yan, elizabeth mcdonald carrie she have leveled, bill and john tamny. mike, why are we arming folks who help terrorists is this. >> because president obama has been down playing the threat that isis poses to america, going all the way back to the attack on the american cons late in benghazi. that's why he's warming qatar. even though qatar is definitely helping the terrorists in the middle east. john bowl ton has been warning about this for months now and ee jipt our ally h

just another day at norfolk southern.visit orlando visit tripadvisor orlando tripadvisor not only has millions of real travelers reviews and opinions but checks hundreds of websites so people can get the best hotel prices to plan, compare and book the perfect trip visit tripadvisor.com today >>> is tolerance a two-way street or not? >> indiana governor mike pence is all about intolerance saying he wants to make eight more tolerant society for people who believe in certain religious principles. during an interview on sunday he says his state's new rest iraqis of the freedom law is meant to have the government from infringing on personal beliefs. corrects aren't buying it. >> here to weigh in is a cnn political commentator and senior adviser at priorities usa action. great to see you guys good morning. >> good morning. >> ken, let me start with you. if you just substitute the word "black people" for "gay people," doesn't this all become much more clear? i mean business owners are not allowed to refuse service to black peopl

just another day at norfolk southern. oh, i love game night. ooh, it's a house and a car!horrible at this, flo. yeah, no talent for drawing, flo. house! car! oh, raise the roof! no one? remember when we used to raise the roof, diane? oh, quiet, richard i'm trying to make sense of flo's terrible drawing. i'll draw the pants off that thing. oh, oh, hats on hamburgers! dancing! drive-in movie theater! home and auto. lamp! squares. stupid, dumb. lines. [ alarm rings ] no! home and auto bundle from progressive. saves you money. yay, game night, so much fun. >>> welcome back. there is a new player in the 2016 contest. he's not a republican or a democrat. he replaced john stewart on the daily show. who is he? a biracial charismatic unknown. this is trevor noah and he has arrived. after only three appearances on the daily show the 31-year-old will replace john stewart. >> stewart announced his departure when noah logged minutes on screen with his predecessor predecessor. >> i lvived a dream after his first appearance more like a fan than a protege. the dream of hosting the show wi

just another day at norfolk southern. >>> welcome back. you're watching cnn. ike brooke baldwin.n in a plane full of passengers what could not do a thing to stop the downing of germanwings 9525. this leaked summary of the black box transcript reveals the pilot was indeed locked out of the cockpit after going to the restroom. according to this german newspaper that published it over the weekend, the pilot pleaded with the co-pilot banging on the door screaming, for god's sake let me back in. here is kyung lah. >> reporter: the switch is surprisingly simple and exists in the cockpit of every single commercial plane that's flying around the world. he cannot imagine why a pilot would do this. but he knows how. a commercial retired pilot forsythe has flown thousands of hours. >> normal lock and unlock. >> reporter: he like all pilots has used the switch hundreds of time. >> to unlock you have to pull up and hold it and a light comes on saying that it's open. if i release it it goes back to normal position. >> reporter: norm means it is locked. >> that's correct. >> reporter: there's a

thanks to new investments, this norfolk southern term nal now has two of these. >> currently processingmber will grow to 2800 3,000 cars a day. >> reporter: and this is just one example of the tens of billions of dollars that the freight rail industry is pouring into updates, upgrades new projects expanded projects to increase and build out the north american railroad system. so according to the association -- according to the association of american railroads, this industry is forecasted to spend a record $29 billion this year. as you can see from the chart, 6 billion of that is actually going to be spent by bsnf. it's the most ever spent by an american railroad in a single year. it's happening with that company in particular because of a disappointing 2014 due to delays. those delays are the focus of the entire industry right now. gridlock is the focus of the entire industry. we have seen freight rail volumes soaring. car loads of 28.7 million last year, the most since 2007. a quarter of that is crude oil. in addition to seeing crude surging by rail those trains carrying that move at

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those deaths involved norfolk southern and amtrak trains. >>> from our delaware bureau a destructive stowaway turns up in wilmington. a rare bug called a leaf-hopper. u.s. customs and border control found it in a shipment of bananas at the port of wilmington yesterday. the bananas came from guatemala. we know the leaf-hopper has only been seen in the u.s. once before. it can damage crops and spread infection. >>> take a look at these pricey pictures from peru. customers and border control agents say they are full of cocaine. the frames are, anyway. officers say a peruvian passenger had the drug-filled frames when he landed at newark international liberty airport last saturday. they arrested the passenger of the cocaine. it's worth about $30,000. >>> all new on "nbc10 news" at 5:00, on your mark get set, slow down and pay attention to the road. new jersey state police are on a mission to crack down on bad drivers. it is part of a national campaign to save lives and it begins today. nbc10 south jersey bureau reporter cydney long is live in mt. laurel with who should be paying particula

. >> we contacted norfolk southern. a spokesperson said today's breakdown stemmed from mechanical problems and snow and ice. as far as the chronic breakdowns, she said the railroad wants to find a solution. the people who live here say the cause is obvious. >> trying to pull too much weight or don't have enough engines on the train. >> meanwhile, the residents on this mountain wait and worry. >> when you have people that you care about that are here and there could be a medical emergency any time and they're trapped. >> they hope the next time they get trapped, it won't be for eight hours. stephen tschida, abc 7 news. >> good story. the national transportation safety board finished its investigation into a plane crash involving actor harrison ford. the movie star's vintage airplane had engine troubles soon after takeoff yesterday in venice california. ford made an emergency call to the flight tower but could not get back to the airport in time. he crashed on a nearby golf course. ntsb and aviation officials say he is lu

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just another day at norfolk southern. >>> at this hour, we're learning important new details about co-pilot andreas lubitz, the man, of course, accused of flying germanwings flight 9525 into a mountainside. there's a lot to parse through. this one is the important part. german prosecutors say that before he was a pilot, it is believed that lubitz was suicidal and underwent psychotherapy. but they also make a distinction that say he showed no ed, no signs of being suicidal or having aggressive behavior around the time of the crash. then you have this, britain's "daily mail" reporting that lubitz was suffering from serious visual impairment which was likely to worsen. he had reportedly lost some large percentage of his eyesight from a detach eed retina and ma have worried his dream to become a long haul pilot was doomed. >> carline petit joins us now from seattle, former ntsb mnging director peter goels joins us from washington. let me start with you, peter, this revolution that this man andreas lubitz had been suicidal. we don't know how recently. it seems much of it was well in the past. we

it's operator, the norfolk southern railroad, has even taken precautions to defend the bridge from thestant collisions. >> the railroad company has set up the crash beam to prevent damage to the structure because it's a very busy train track. they've had to previously shut down the train tracks for days on end to repair the tressel, which is very expensive. >> the city has also made an effort to prevent these crashes by posting clearance signs and installing a warning system. >> the city has set up a system to detect over-high trucks which triggers the flashing lights on top of the crash beam to alert the driver, hopefully, that the vehicle's too tall to pass the bridge safely. >> but the crashes continue to happen. with all the warnings and safety precautions, why are there still so many crashes at this particular bridge? do some drivers not know the height of their trucks? or do they simply not pay attention to all of the warnings? henn has a theory. >> the problem, in my opinion, is the speed. the speed limit is 25 miles per hour. i have noticed that a lot of the trucks that hit the

take a look at some of the other railroads taking a beating, union pacific, norfolk southern.y oil, of course, as it continues to rise two days in a row, we haven't seen back to back gains for crude in almost three weeks, and with that, that too pressures railroads. the truckers, the shippers, the airlines, the whole transportation index. so that certainly is underperforming the broader market, cheryl. we see the dow higher by a quarter of 1%. as i mentioned, the transportation index down 1.7% right now. cheryl: all tie into the dollar which we're going to talk about right now. nicole, thank you very much. the dow and the s&p are in the green today, but investors were seeing red last week when the markets fluctuated between gains and losses. and there could be a cheaper and really more profitable alternative to u.s. stocks abroad right now. looking overseas, emerging asian markets are showing signs of life. could bring back some green into that portfolio of yours. jack avlin, private bank chief investment officer joins me now with the perfect international combination, and sco

just another day at norfolk southern. and an early morning mode. and a partly sunny mode.nside mode. transitions ® signature ™ adaptive lenses... ...now have chromea7 ™ technology... ...making them more responsive than ever to changing light. so life can look more vivid & vibrant. why settle for a lens with just one mode? experience life well lit ®. speak with your eyecare professional to... ...upgrade your lenses to transitions ® signature ™ . >>> iran hangs in the balance. >> these negotiations have been doing on for 18 monthsle. >> i don't know if we'll get there. >> to be fair i don't think the deal is based premierly on trusting iran. [ chanting ] >> no hate in our state! >> we don't want the particular state law to define who we are. >> this law is not intended to discriminate. >> no more time for clarifications. fix it. >> how would you describe yourself? >> i work very hard. i always havement i. i wanted to be remembered for my first 34 years, not my last six. >> this is "new day." >> good morning. welcome to your new day. tuesday, march 31. 8:00 in the east and th

it's like the railroads, you don't see a lot of people saying i'm taking norfolk, southern.o they split the country up. split it up. >> amazing what they've done. >> win for everybody but -- >> except flyers. that's a different story. meantime, apple this morning, reportedly planning to launch a web television service in the fall. sources saying the tech giant's in talks with programmers to offer a bundle of 25 channels including abc, fox. comcast will not be part of the service, available on apple devices like apple tv. calling it the skinny bundle. >> i read this. all right. i'm going to be selfish. are you kidding me? you're not going to have nbc? it's a big network. sunday night football. >> the report suggests this is not a done -- we're not at the end of the chapter. >> obviously if you're a cable company, this is what you've been most fearful of. but the cable companies are resourceful, don't want to wright them off. channels, you get past channel x and there's 180 that you're watching summit hula cross. look at that. >> which is pretty good. >> right. great lacrosse

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you take a look at shares of all the railroad companies today, you look at union pacific, csx, norfolk southern pacific and canadian national railway, they're plunging lower in sympathy on kansas city southern's cut guidance as well. back over to you guys. >> all right. morgan brennan, thank you very much. on that coming up we're going to reveal which cute animal but they really all are, is riding a surf board. great pictures coming up on the way. plus, it is time for a new season of "secret lives of the super rich." robert frank is here with a preview. >> on most shows you're going to see lamborghinis going around racetracks. on "secret lives" you see lambos going around a track groomed in ice and snow. we'll show you that coming up. the lightest or nothing. the smartest or nothing. the quietest or nothing. the sleekest... ...sexiest ...baddest ...safest, ...tightest, ...quickest, ...harshest... ...or nothing. at mercedes- we do things one way or we don't do them at all..uthorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. ♪ ♪ ♪ first impressions are

fwloo your companies like norfolk southern kansas city southern, bnsf and that's really because it hasst efficient to implement a combination of train and truck rather than just moving your cargo across the country exclusively by truck over the road. when you bring rail into the equation, you can actually haul more goods, more of these containers over the rail and when energy prices are high it's a much more fuel efficient method to use train to do the majority of that haul. that being said the industry's trade association is expecting similarly strong growth for this business this year. again, looking at potentially 5% growth, but there are three factors that analysts are watching and watching very closely to see whether that happens. to see whether fuel prices continue to come off because if fuel prices come off all of a sudden the cost of trucking becomes over longer distances becomes more attractive versus this mooed of transportation. the second all that congest wron weave seen in the west port that's had ripple effects throughout the country, even here in cap can city and the thi

norfolk southern and coal. coal was going down. these are all happening at once.pipeline that's opening natural gas to the chicago area and that's going to really hurt coal. one of the few pockets of coal still being used is the midwest. >> what's up tonight? >> we're handicapping. we're going to do some -- everyone else is doing the ncaa. we've got it. we've got your brackets. you're going to love it. it's going to blow your mind. >> i'm going against that. if you go with kentucky, what's the point? everyone has kentucky. it's like going to the racetrack to get $2.10. not for me. stay tuned. >> can't wait, jim. we'll see you tonight at 6:00 p.m. eastern time. when we come back, breaking news on home builder sentiment. don't go away. sometimes the present looked bright. sometimes romantic. there were tears in my eyes. and tears in my eyes. and so many little things that we learned were really the biggest things. through it all, we saved and had a retirement plan. and someone who listened and helped us along the way. because we always knew that someday the future w

upgrade with a rail downgrade, norfolk southern downgraded to a market perform, and you mentioned lesshipment with concern there's lower coal shipments as part of the call we have to know they trimmed estimates for csx union pacific in and wyoming. >> down 5% this year there's one only one railroad stock up this year. do you know what it is? >> genese in wyoming. >> it is. can't get anything by you. trucking company, con-way, upping to a buy from a hold. they say the run in freight volume growth has more legs to it buy on a sell off, target is 53 to 8.75 above. >> part of the call, brian, increased regulatory action could reduce trucking capacity by 5% in the next couple years, and so in the back half of 2017 there could be the mother of all truckload capacity shortages. so that's their words. that's part of the call. interesting one here especially as we are talking about the transports a lot. next up here twitter, evercore is optimistic about monthly users lifting the forecast on the new google search deal. twitting content available to google users, yielding $700 million in audience

i saw a number trim for norfolk southern, this is also coal. the coal industry sold to you, going away. the iron ore industry sold to you, going away. these are things that led the bull market in 2008. iron ore and coal and fertilizer, that bull market predicated -- also copper -- history. history. >> cliff's natural. >> how is that doing? that stock has come down from 2008. >> yes, it has. yes, it has. what is it -- i don't -- actually the airlines, you made a quick comment about march traffic, why? >> i'm worried about the strong dollar. i'm still worried we will see the impact of travel because we're starting to realize, people think it's too expensive to come here. this is starting to impact their strategy. >> what about us going there? >> i saw us -- >> that's a good thing. >> look i'm itching to buy airlines. airlines are very loesw price-to-earnings data. all airlines are not equal anymore. >> we'll have the opening bell. >> here to eternity. >> from here to ecertainternity. >> or lancaster, on the beach. >> frank sinatra's big comeback

norfolk southern and csx overnight. genesee and wyoming, another regional railroad, also warned as well in the weakness there. commodities, tyler, like metals and coal have had a lot of problems, and here shipping a lot less of them. transports tyler, down 5% this week. back to you. >> bad week for transports. thank you very much, bob. let's go over to the nasdaq which is on pace for its worst week in more than five months. bertha tell us more. >> the worst week for more than five months. when you look at the nasdaq composite, it is still positive for the year. some big gainers today for this week really extending gains. kraft on the heels of that deal with 3g and also backed by warren buffett. today we're seeing blackberry move higher on the back of some better than expected earnings. actually posting a profit. yahoo saying it's going to be giving back $2 billion to shareholders. those are among the gainers holding things up, and we're seeing a rebound today in the biotechs. biotechs for the week are down 5% but for th

i know the folks that represent norfolk and that part down in southern virginia and washington, d.c. growing area, passenger rail is essential. you got corridors all around. carolina raleigh, the technology corridor there in raleigh connecting to the largest city in the carolinas, charlotte. again, a state sponsored line. it's going to give north carolina the ability to work with amtrak, to have power when they make those investments to upgrade those lines. in some of these areas -- again, there's 19 -- 21 corridors in 19 states. this is really important. some of those fast-growing southern states look at this bill, this empowers the states, it has the reforms. so i believe that all members should be able to support this as real reform and improving amtrak. with that i reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from -- the chair: the gentleman reserves. the gentleman from massachusetts. mr. capuano: may i inquire the time? the chair: the gentleman from massachusetts has 15 minutes. the gentleman from pennsylvania has 14 minutes. mr.

southern. they said the same thing. they talked about weak demand among energy customers, down 11% this week. union pacific's down 8% norfolknsports are having a terrible time of it down 5%. it's true this is the season for earnings warnings and the good news is that the street is absolutely obsessed with the earnings situation. there is an earnings recession going on and everybody, particularly analysts are aware of that. and the result this is the good news taking down numbers very aggressively. look at this where we are right now. energy, that is not a typo 63% decline in energy earnings for the first quarter. that's where we're at right now. we're going into earnings season next week. but 5 of the 10 sectors are down. it's not just energy. materials, utilities telecom, consumer staples are expecting negative earnings growth. this is all happening recently. energy's happened for a while but the rest happened recently. what's going to happen now is the analysts are going to overshoot, they're going to be too negative and i think that you're going to see very interesting numbers. put up what the s&p is expecting now. expec