his dream as a boy was to become a red arrows pilot.eman he achieved his goal but was tragically killed as he prepared for a training flight backin as he prepared for a training flight back in 2011. —— described. the manufacturer of the ejector seat have pleaded guilty to breaching health and safety laws. this is the red arrows hawkjet that sean cunningham was rejected from, the egyptian seat was unintentionally triggered as he carried out his preflight checks, it went off while the plane was stationary on the ground. —— the ejector seat. not only did his seat reject him from his brain, but the parachute attached failed to deploy, should have saved his life but instead he crashed back down to the ground, still strapped in the seat. he died from his injuries. the red arrows are based here at raf scans and in lincolnshire, which is where flight lieutenant sean cunningham was injured, fatally, in november, 2011. his inquest heard that an over tightened nut and bolt stopped it from working properly, and the manufacturers of that seat, marti

the red arrows are based here at raf scampton in lincolnshire.quest heard that an over—tightened nut and bolt on his ejector seat stopped the parachute from working properly. the manufacturers of that seat, martin—baker, knew about the issue and told some air forces but not the ministry of defence. so the engineers here were unaware of the issue. flight lieutenant cunningham's sister, mother and father were in court today to hear the guilty plea. this has been a long ordeal for them. we welcome the conclusion of the coroner which confirmed what we knew all along, which is that sean was blameless. a director of martin—baker, john martin, seen here second from the left, today admitted breaking health and safety law on behalf of the company. one former senior raf officer believes this incident has changed attitudes. they are an outstandingly good company and what went wrong would have hurt them deeply as well. they have learned a terrible amount from this. martin—ba ker ejection seats are still fitted to red arrows hawks and all raf fast jets. the c

there are nine planes in the red arrow and he was number five.eployed from the ejection seat to save his life, didn't come out at all, so he plummeted back down, still strapped into his seat and died from serious chest and head injuries. an inquest took place a couple of years later into his death, in which the coroner criticised martin baker, the manufacturers of the injection seed. basically, there was a nut and bolt on the ejector seat which had been over titan. that prevented the parachute from deploying and martin baker, the company that made the seat, had known about this and advise some departments but not the raf. the health and safety executive brought charges against martin baker, who make all the ejector seats for the raf at the moment. the company pleaded guilty to charges from the health and safety executive at lincoln crown court. 0ne single charge was put to them and they pleaded guilty to that and they will be sentenced next month. it is likely to be a fine, nobody will go to prison for this but it will be a fine imposed on to the

the latest on the red arrows case.ccording to a health charity. jo's cervical cancer trust, which surveyed more than 2000 women, said cervical cancer is the most common cancer in women under 35, yet the majority of those questioned didn't know they were most at risk. here's our health correspondent michelle roberts. a smear test can help find abnormal cells before they turn into cancer but of the 5 million women in the uk in by tip for screening each year, one in the four do not attend. —— invited for screening. we need more information about what it is. being under 25, i don't get told anything about it. it put you off going when you got your letter? it did, i was a bit worried, what was it about and ifi bit worried, what was it about and if i really had to do it sol haven't done it but probably i have to. i did for a while, until you have too, like, go for it. it's helpful if you have a friend who can come with you maybe and sit with you and stuff for the survey by temporary maghera found one in three of young women

. >> looking at commodities, red arrows for crude, wti crude, 63.62.ce brent crude, 68.94 after hitting that $70 mark earlier in the week keep in mind just yesterday wti hitting its highest level since late 2014. we'll have those inventory numbers out again this week. a lot of the focus here is on u.s. production and whether we hit the record levels that are anticipated in the coming days and weeks. looking at gold now, we have gold at 1336 per ounce, that's down fractionally. this after gold hit the highest level since september on the back of that weaker dollar index yesterday. >> let's get more on the early market action. joining us on the cnbc news line, guy adami. big selloff yesterday, we're back high in the premarket again. how important is it to see those gains hold through to the close today? >> it's extraordinarily important. yesterday was one of the most interesting days we had in a couple years february 10, 2016, if you recall that, they had a huge selloff on the s&p. traded down to 1810. closed higher on the day over the last two years we

this is the red arrows hawkjet that sean cunningham was ejected from.but the parachute attached to it failed to deploy. it should have saved his life, instead he crashed back to the ground, still strapped into the seat. he died from his injuries. the red arrows are based here at raf scampton in lincolnshire, this is where flight lieutenant sean cunningham was fatally injured in 2011. his inquest heard that an over tightened nut and bolt on his ejector seat stopped the parachute from working properly. the manufacturers of that seat, martin baker, knew about the issue and told some airforces but baker, knew about the issue and told some air forces but not the ministry of defence is so the engineers here we re of defence is so the engineers here were unaware of the issue. sean cunningham's sister, mother and father worked at lincoln crown court today to hear the guilty plea from martin baker. this has been a long ordealfrom them. martin baker. this has been a long ordeal from them. we welcome the conclusion of the coroner which confirmed what we knew all a

an ejector seat manufacturer admits breaching health and safety laws over the death of a red arrows pilotthe uk economy is on the move, and will do better than anyone expected, says lord o'neill, a former minister and a remain supporter. keir group has offered to take on more than 200 carillion workers as it takes over its contracts on smart motorway and high speed rail projects. it's also been reported that balfour beatty and galliford try will take on 80 carillion staff as they take over contracts on the aberdeen western peripheral route. len mccluskey, general secretary of the union unite has had what he calls "encouraging" talks with the head of peugeot, carlos tavares in paris. peugeot has announced 650 job cuts at vauxhall‘s ellesmere port plant. mr mcclusky said mr tavares talked of "working with unite to construct a roadmap for future operations in the uk." "britain's economy should be prepared for a much more optimistic 2018". that's the view of lord jim o'neill, the former treasury minister. he supported britain remaining inside the european union and has been speaking to our ec

the manufacturer of an ejector seat which caused the death of a red arrows pilot has admitted breakingn cunningham died in 2011 when he was ejected — without warning — from his jet while it was parked on the ground at raf scampton. a court has heard that a man who drove a van into a crowd of people near a mosque in north london last year wanted to kill as many muslims as possible. the jury was told that 48—year—old darren 0sborne, who's accused of killing one man and attempting to murder others in an act of terrorism, had decided to take matters into his own hands after the manchester and london attacks. he denies murder and attempted murder. daniel sandford reports. the pandemonium on a summer night in north london after a large box van smashed into a crowd of worshippers at speed, leaving them strewn across the pavement, some with life—changing injuries. and leaving 51—year—old makram ali dead. today his family were at woolwich crown court to watch as 48—year—old darren 0sborne from cardiff went on trial. jonathan rees qc for the prosecution said 0sborne had deliberately driven into

the manufacturer of an ejector seat which caused the death of a red arrows pilot has admitted breakingg — from hisjet while it was parked on the ground at raf scampton. the queen's granddaughter, princess eugenie, is engaged to her longterm boyfriend, jack brooksbank. the second royal wedding of the year — will take place in the autumn at st george's chapel, windsor. the 27—year—old, who got engaged on holiday in nicaragua this month, told the bbc of the moment her fiance proposed. the lake was so beautiful, the light was such a special light i have never seen. i actually said, this is an incredible moment. and then he popped the question. which was really surprising, even though we have been together for seven years. so... right. i was over the moon. the happy couple. he played more than 600 matches for blackpool, he captained england and was even part of the victorious 1966 world cup squad — today tributes have been pouring in forjimmy armfield who has died at the age of 82. after he retired from the game — the former blackpool captain spent more than 30 years working as a bbc pundit

that's where the red arrow or red circle is. as identified in the recent mclaren park visioning plan. the main public passageway providing park connectivity passes through the 93 -- narrow area. it will be at raymond and visitation avenues. if the 590 leland development goes forward, due to soil instability where the raymond avenue turn-around meets the higher visitation avenue, the area my be shored up and dpw needs to alter a portion of the turn-around to safely accommodate the sidewalk and pathway. it appears to have been no discussion between planning, dpw, the developer and rec and park about this situation. what will be the effect on overall design, number of availing parking spaces, and most importantly, safety. the proposed development will be -- will jet into existing open space, forming a visual barrier compromising open space and visitation avenues. only eastern parkways for children walking to and from their homes. we're considered about safety issues where open space will be narrowed and a blindspot created on publi

that's where the red arrow or red circle is. as identified in the recent mclaren park visioning plan. the main public passageway providing park connectivity passes through the 93 -- narrow area. it will be at raymond and visitation avenues. if the 590 leland development goes forward, due to soil instability where the raymond avenue turn-around meets the higher visitation avenue, the area my be shored up and

there's going to be a lot of red arrows. you point to any health care stock, and you'll see a red arrow are that thing is going down. health care service stocks also getting hit. look at the pharmacy benefit manager express scripts on downside that is a huge corporation 10% down express trips. fox news medical correspondent doctor marc siegel to the rescue because you, sir, are beginning to explain to our viewers why this new company is of the three why it would cut the cost of health care. >> that is very good for doctors and patient and warren buffett is right as a tapeworm on our economy and here's why this will help we're going to have direct negotiating right are and we're going to have three huge companieses with over a billion employees. >> no they don't have a million but a billion people data on a billion people. >> a billion, one million employee. but they're going for their employees at least to start they're beginning to be able to negotiate lower drug prices, lower cost of technology, lower cost of doctors visit

we are looking lower but with pull back a little bit from red arrows to bring markets this morning.is some fractionally the dax down a quarter of 1%. cheryl: the nikkei ending flat in japan as you can see the shanghai composite slid 1%. lauren: solar panel prices going up. president trump 30% tariffs on imports. we'll talk to one solar ceo. "fbn:am" continues right now. 5:30 in the morning in new york. monday, january 29th. cheryl: good morning, everybody. i'm cheryl casone. here we are on a monday. big week. take speech tomorrow night. cheryl: save the union. apple apple, amazon attempted without this week. cheryl: let's get back in with a need on the numbers. the layout of the 2018 agenda of the first date of the union address tomorrow night. lauren: chris jenkins eyes. cheryl: lauren and cheryl, good morning. the white house working on its first eight of the union predicts the union predicts he will be be building the face, strong and proud america and the headline is america's back in the economy booming. the little preview from the white house director of strategic communicatio

composite up by 1.25% in europe at this early hour, you will see that at least at this point there are red arrowsoss the board the dax is down by almost 0.8% the cac is off by 0.9% the

these red arrows today were not the color the commander in chief is looking for ahead of his first statethe union address. congresswoman diane black is joining us live from capitol hill. ahead of the big speech tonight. congresswoman, our viewers are watching the worst day for 401(k)s, pensions, stock investment since last may. does this final hour plunge change anything that the president says tonight, if so, what? >> i don't think so, i think americans are optimistic about where the country is going. we'll have some days that we're down, overall, as you said, before i came on, the stock market has really rallied. we're seeing the gdp grow, and i think people are excited about knowing that they've got the tax breaks coming. we see many of the big companies that are giving bonuses and increases in wages. things are good and i'm very proud to have worked with this president on tax reform which really i think got all of this started. liz: what are you personally watching for this evening that you haven't heard yet? >> i know he'll be talking about immigration. obviously he put out a plan,

the red arrows show you we have southerly winds. we're hanging onto the 60s through midnight. see breaks in the showers periodically. 8:30, some showers in the suburbs and philadelphia. a little bit of a break around midnight. heavier showers yet to come. you notice the pinks now approaching the pocono and the lehigh valley. 3:00 in the morning we have a break across philadelphia. but they could be getting some freezing rain, so be aware of that if you're driving in the upper pennsylvania suburbs, lehigh valley, berks county, poconos. look at the snow moving through altoona, maybe even pittsburgh. the snow doesn't hit us, but winds do come in. look at the shift of the winds. that's that cold air. i'm going to run this through the timeline. monday, going into tuesday. look, snow, there's another system coming. it may bring a dusting of snow into the poconos. wednesday we'll see rain transitioning to snow. we could be doing shoveling by late in the day on our wednesday. now, here are the temperatures, the big picture. the deep freeze is headed our way. 3 in minneapolis. 3 below

see these red arrows?ember at this time yesterday they were all up meaning every single currency on our board was stronger against the dollar because treasury secretary steven mnuchin had said yesterday that he thought -- and here's the exact quote that rattled the currency markets. he said, obviously, a weaker dollar is good for us as it relates to trade and opportunities. folks, trump administration started taking heat from all sides the minute that got out. the "wall street journal" editorial board did not stay silent, today saying, quote: what a spectacle. the man whose signature is on the greenback, that would be mnuchin, tells the world he wants it value to be lower so the u.s. can beggar its neighbors on trade. "the wall street journal" op-ed went on to suggest the white house ought to examine the history of strong and weak dollar presidencies, specifically pointing out under president jimmy carter's control, the weak dollar. we saw a complete collapse in the dollar. so now president trump making th

snowdown on saddam being blamed for all the red arrows in the stock market. >> once you get over fiercewar, once the crisis is resolved, people say the economy will recover. david: new all-time high for the dow next year? is possible, probable or a pipe-dream? >> the dow should go over 12,000 next year. david: for everybody here on "forbes on fox," have a wonderful weekend. when we started "forbes on fox," it is high-brow magazine, how will it work on television to talk about the all the intricate stuff you talk about, we managed to do it for 17 years. we didn't talk down to the audience. we presented very complex subjects in a way everybody could understand. >> i almost said who are those two guys? we looked so young. david: we had a lot of help. i can't forget by the way former managing editor jim mickelson, 88-year-old guy was still on. he had raspy voice and art threat i can hand, demos, younger people tuned in when he was on. we loved him. >> key getting out information in a way people find useful. fox to its credit was the first and only station to take a print media and make it s

once again, it seems they have drawn a huge red arrow pointing to the importance of the thing they'reeeping inside the black box they won't let anyone see. >> exactly. that's exactly what the white house did with the "fire and fury" book. they said don't look at this, don't look at this. and of course everyone had to look. what is the white house so concerned about bannon telling lawmakers? we're also seeing why mueller felt compelled to issue a subpoena to steve bannon. >> that's the other question i want to ask you about. what do you take as the significance of that news which is interesting insofar as we don't think he's used that particular tool in his tool kit with someone that close to the president as of yet. >> there are different theories according to legal experts i've spoken to. the first is basically mueller wants to catch him without his counsel present. it's a much more intense environment. it's much more nerve-racking. it's much easier to catch him in a lie, for example. the second theory and this is shared widely among people i spoke to is they want steve bannon essent

equities, it's one of the few mornings we've had where we've seen red arrows.ow looking like it will open 152 points down. nasdaq down 38 points. s&p 500 looking to be off 13 points a number of headlines to tell you about. dow component pfizer out with quarterly earnings giving you an upbeat forecast. it becomes the latest company to announce a tax reform related bonus for employees as well as increased investment you're looking at that stock, by the way, up close to 2% in the premarket. also reporting earnings this morning, news from insurer aetna which is in the process of being bought by cvs health earned $1.25 per share for the fourth quarter revenue coming in and beating forecasts. aetna says that it expects the cvs deal to close during the second quarter and the first fed meeting of 2018 getting underbe way today the two-day gathering will be the last to be presided over by outgoing fed chair janet yellen. our own steve liesman will have much more on the fed in the next couple of inutes we'll be asking questions when it happens in the afternoon. >>> break

. >>> welcome back red arrows across the board on wall street today. s&p and nasdaq both snapped a six-day win streak that kicked off the year small declines though, s&p was down three, russell barely lower and the dow was down 16. time now for a cnbc news update, let's get over to sue herrara, sue. >> hello kelly here's what's happening at this hour, everyone u.s. immigration agents descended on dozens of 7-eleven stores nationwide before dawn today to begin checking on employee's immigration status. officials described it as the largest operation against an employer under the trump presidency those audits could lead to criminal charges or large fines. >>> in california, at least 15 people have died in the devastating floods and mud slides in southern california and that number could climb as search teams continue to look for the missing. arls of the devastation show just how widespread that damage really is. >>> french police say five thieves, some of them armed, entered the ritz hotel in paris and made off with stolen goods, a lot of them. a french

red arrows all around. first time the dow will open this calendar year. chief faces with us. give me a simple reason. i think it's because of higher interest rates as to why this market is down today. >> two things at higher interest rates are driving it, but here's my welcome today set to beauty. a sign that the working normally. you have to have buying and selling. it are positive refreshes. stuart: nothing to get worried about. is that what you're saying? >> too early to get worried. if they were out in the street i'd be worried. traders i talked to around the world before he came and camera are not concerned. they simply take a breather, take money off the table, looking importantly where they want to put their money for the balance of the year. tree into so come are you telling me to people you talked to say by this tip? >> yes, they are. they are trying to figure out what they want to buy an ipad price points. in the meantime, this is walking away from the bid. they are not buying, but then again not donating things wholesale. you've got this pause at 90, 100 points had

composite up by 1.25% in europe at this early hour, you will see that at least at this point there are red arrowscross the board the dax is down by almost 0.8% the cac is off by 0.9% the ftse off by a half percent weakness in italy and spain. when it comes to the treasury yields, this is what we're watching closely, the ten-year is trading at 2.433% >> should we be doing a weather board? like a freezing cold weather board? >> i saw this morning that 90% of the united states is freezing or below a third of the continental united states, the lower 48, are actually below zero. >> as was predicted. it's cold because it's warm. >> don't do this as a global warming thing. >> no, no, because only weather that proves global warming -- like every brush fire is global warming. every drought. every flood. that's all global warming. >> you didn't see "the day after tomorrow." it got freezing. >> if the atmosphere traps more heat, you would think it would not be as cold >> you know what -- >> sorkin, don't act like you studied this >> i have studied this what -- i have as it happens, i have. >> sorkin, if it

. >> any time there's red arrows we think "oh, my goodness.not used to seeing them. >> we don't even mention hundred point days. >> hundred pointsisn't when it used to be. >> it's not but five in a row is. >>> breaking news from walmart, courtney reagan joins us with the news courtney >> hey there, joe. the world's largest retailer giving its u.s. employees a bonus, a wage increase and expanded maternity and parental leave thanks to the new tax reform bill so eligible hourly associates could get between $200 and $1,000, depending on your tenure with the company thanks to the new tax reform bill that will cost walmart about $400 million in the current fiscal year ending january 31 in february they're increasing their starting wage to $11 an hour this is in addition to some wage increases already planned. that will be an additional $300 million in labor expenses for the fiscal year and that wasn't part of walmart's guidance full-time hourly associates will be eligible for ten weeks of paid maternity leave, six weeks paid parental leave. that's a

more red arrows this morning the cryptocurrency down 25% last week this morning down 7% we have the detailsfter this it can detect a threat using ai, and respond 60 times faster. it lets you know where your data lives, down to the very server. it keeps your insights from prying eyes, so they're used by no one else but you. it. is. the cloud. the ibm cloud. the cloud that's designed for your data. ai ready. secure to the core. the ibm cloud is the cloud for business. yours. nothey're not investing iney commoditiesies. or fixed income. what people are really putting their money into is what they hope to get out of life. but helping them get there requires a real refusal to settle for average. because when you approach investing with a tireless desire to beat the status quo, something wonderful can happen. those people might just get what they wanted out of life. or maybe even more. >>> welcome back let's talk bitcoin the price this morning, we're hovering around $10,000. now it's coming back a bit $10,500. $10,400 depending on which exchange you play. bitcoin falling more than 25% below the 1

equity futures at this hour at this point red arrows across the board.t declines, but it's well down from where we started the morning. the dow futures were up by 45 points above fair value. now down by seven points "squawk box" will be rig bk.htac thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. of the season' on the only bed that adjusts on both sides to your ideal comfort, your sleep number setting. does your bed do that? right now our queen c4 mattress is only $1199, save $400. ends soon. visit sleepnumber.com for a store near you. >>> good morning welcome back to "squawk box" here on cnbc we are live from the max market site in times square let's talk about the stories that are front and center this morning. lululemon is raising its fourth quarter earnings and revenue guidance the results there were helped by a strong holiday shopping season

information pamplets with maps to show resident where those tsunami inundations areas area are in red...with yellow arrows pointing the way to safety.... this young man .says he lives close to one. but isn't too worried about it.(alex guerrero, pacifica resident) you got a vallamar right across the street just go up the hill that's pretty safe we've linked the city of pacifica's tsunami prepardedness page to our website, kron4.commaureen kelly kron4 news (grant) kron four spoke with san francisco's department of emergency management.... officials talked about ways to be ready should there actually be a tsunami headed our way. <(francis zimora/sf dept of emer mgmt.-first thing you need to know is sign up for alerts. and when one of things you can do is sign up for alerts on our system, alert sf. all you have to do is text us your san francisco zip code at 888-777, that's your san francisco zip code)> (grant) officials say the reason an alarm was not sounded in the middle of the night is because it was a tsunami áwatch.. meaning the potential for a tsunami was being áevaulated and was ánotá confrimed. if it

we are seeing red arrows for germany, which is down almost a%, and the cac is down .4%. ♪ it's time forep number's 'lowest prices of the season' on the only bed that adjusts on both sides to your ideal comfort, your sleep number setting. and snoring? does your bed do that? it's the lowest prices of the season on the queen c4 mattress with adjustable comfort on both sides. now only $1199, save $400. ends soon. visit sleepnumber.com for a store near you. jierjs toyota and mazda will build a final assembly plant in hunts krlville, alabama. they will built the toyota corolla and it's a huge win for the trump stlaigs, and it would add manufacturing jobs especially in the auto industry. >> wow let's take a look at some stocks to watch we mentioned lennar earlier. the company -- >> $1.29 that was short of analyst expectatio expectations homebuilder says that tax reform will reduce its effective tax rate 34% down domino's ceo is going to stem down in -- ahead of international business doyle has been ceo since 2010, and he oversaw domino's very successful turnaround, including the move to on-lin

see the red arrows down, they're less than the prior month of growth rates they're still from higher7.3 on cars. >> payroll exchange. give me one more second and i'll show you about the payrolls coming up this weekend 180 on adp 175. 4% unemployment rate average hourly wages, the wage number this morning, half a point higher which is good. >> steve i want to bring in seth carpenter who's with us on set seth, jpmorgan up again to 3% for q1 this year does that sound about right? >> that's a little bit higher than our forecast. i would say clearly coming into this year nourt quafourth quartn third and fourth quarter, but one story people are missing is oil. it's counter intuitive we've been pushing the story rising oil prices gets more production in the u.s., more investment spending in front of the energy sector. that's one of the more up side risks. >> i need to follow up on that there's some work that's been done that shows almost the entire increase in equipment spending, which is flatter gdp over the past year is a result of spending in the oil and gas. >> you might have gotten tha

the numbers are red even though the arrow is pointing up. the s&p futures are down.ange. there are still a lot of hours to go until the u.s. markets open and a lot of haggling to get done in the senate to possibly of her a government shutdown to possibly -- to possibly avert a government shutdown. biggest: the french drugmaker. the deal values hemophilia drug maker at about 105 a share. that is a premium over the friday closing cost. another company has offered to purchase an online company. to get complete control on the e-commerce business. richemont already owns 25% of ynap. hna has been facing increasing pressure from some banks talking about freezing credit lines. it was left with global assets including hotels and refrigeration trucks. goldman sachs expects it to rolled over its obligations. that is your bloomberg business flash. thank you very much. in germany, chancellor angela merkel has moved forward in her bid to form a fourth term government. agreed to democrats enter negotiations on a common policy platform. -- toare expected to talk start tomorrow. endi

arrow trailers. seeing success because allows businesses prosper. a low tax burden no income tax, no income tax or personal tax, and we have low and reasonable diligent about redtape.fact since 2011 i proposed you have approved the over 4,600 of obsolete or laws and rules, for more than 515,000 unnecessary laws and rules accounting for more than 515,000 words and will propose more of those bills this year. one area where regulation continues to stifle economic development is micro brewing. current south dakota law e0caps micro breweries at 5,000 barrels per year. compare that to montana's cap of 60,000 wyoming 50,000 north dakota 25,000. again, south dakota 5,000. in addition south dakota does not allow an in-state micro brewery to sell its product directly to a retailer. montana, wyoming inned ndnorth dakota iowa all allow that. south dakota's alcohol laws were written over 80 years ago after prohibition ended and they have been amended many times. the statutes in this area are a mess and in many cases they just don't make sense. i'll be supporting several bills this session to streamline and modernize these statutes so they make sense for a 21st century econ

red. just sort of this back and forth action. yesterday we went over unchanged line on the dow 98 times. there is obviously some treading water in these levels. we have an up arrow here from the dow, 41 points, a record close for the dow. nasdaq and s&p hit record highs. will it come under pressure again with general electric. so many concern about general electric. now they have the sec looking at insurance charge of $10 billion. a loss there, a miss on the quarter. stocks down 2.6%. down about 45% in a year. airlines, i mentioned airlines. this is one group that never got out of the gate today. that is because of ual. when you look at united continental, this stock tanked 11 1/2%. this is really capacity of the group going forward. wasn't latest quarter but the outlook. it crushed not only united continental but the entire group. alaska down 6%. american, delta, all got hit hard, six and 5%. tough day for the airlines. back to you. melissa: seriously, they got hammered. nicole, thank you. david: another busy day with at the white house. president trump holding a meeting with mayors ahead of his trip to the economic forum in davos, switzerland, where he is expe

sorkin along with becky quick and joe kernan let's show you some green arrows across the board, but the dow has it dipped into the redt briefly here dow down about six points. nasdaq looking to open higher. three and a half points up the s&p 500 would open just marginally higher as well. a couple of headlines to bring you this morning the first economic reports of the new year, they are due today. the institute for supply management will be issuing its monthly manufacturing index. that happens at 10:00 a.m. eastern time the government issuing november construction spending at the same time. also, we're going to be getting december auto sales figures. economists surveyed by edmun edmunds.com. investors hoping to gain an insight into possible rate hikes in 2018. >>> music streaming company spotify has been sued by wixen music company for using thousands of songs without a license. they license songs like "freefalling" by tom petty, and they're seeking damages of $1.6 billion. they say that spotify failed to get a direct or compulsory license that would have allowed it to reproduce or distribute those songs. spotify is

those are the red arrows, that is whatjerry wants us to thing?the sky and it creates clouds. the sky and it creates clouds. a bit like those. like those. if anyone remembers the start of this item... start of this item... that is why the storm is going to strengthen. the storm is going to strengthen. here we go, it brings very heavy rain in north—western australia. rain in north—western australia. talking about that, some of this wind and rain could be deflected. wind and rain could be deflected. you are lost to teaching. meantime, let‘s see what is happening at home. happening at home. warm weather for the time of year over the weekend. 15 degrees in the sunshine. sunshine. brightened up again and we are into colder air. colder air. week we will hit temperatures more like 5 degrees. like 5 degrees. that cold air has pushed in behind this cold front. pushed in behind this cold front. that‘s what brought this short, sharp burst of rain today. sharp burst of rain today. areas and there could be a touch of frost. a bit more cloud further north. it w