. >> the board of united continental decided to oust the ceo weeks ago. the wall street journal says the board needed extra time to work with his exit package. his departure comes amid a u.s. and internal corruption probe related to his relationship with the port authority of new york and new jersey. lest look at price action off 3.5% in german trade. >> avon products is in talks to sell stake to a private equity firm. a sign that the cosmetics company is having trouble trying to find a buyer. the wall street journal reporting that the firms include platinum equity with bids due out next week or due sometime next week. avon has been struggling to reverse years of falling sales as the business of selling goods door to door has trouble of keeping up with shopper and consumer habits. they have been slow to shift it's shares online. falling 9% on thursday. down more than 50% this year. >> as we go to break, let's remind you of the headlines. a gop lead attempt to block the iran nuclear deal is voted down in the senate. goldman sachs can see oil falling as low

. >> united continentals ceo has stepped down effective immediately. he's been replaced by a board member. his departure comes amid probes in the relation between and port authority in new york and new jersey. authorities are investigate wlg the former port authority chairman demanded favorable treatment or personal favors from united. the airline stock fell 1% in after hours trade. in germany it's up by 0.9%. >> a german court rejected the request for an injunction which could have prevented a second day of pilot strikes. around 1,000 flights are expected to be cancelled just today. shares in the airline are following the rest of europe higher. although they have dipped into negative territory. almost half of long haul flights were stopped yesterday in the 13th strike in 18 months amid on going clashes over pay. it cost around 100 million euros so far this year. >> rocket engine maker is offering $2 billion for united launchalliance. united launch alliance was made through a joint venture between lockheed martin and boeing ten years ago. >> democratic

y united continental replacing the ceo. >> he is chairman and ceo and re-signed yesterday. e still trying to figure out what sparked his resignation but here's the shake up in the executive ranks that united announced late yesterday. he is out along with two of his top executives. they're tied to a federal probe of the port authority and specifically whether the former head of the port authority was using his influence in order to get united to add a flight from newark down to columbia, south carolina where the former head of the port authority has a home. that flight was cancelled three days after he re-signed. he is being replaced at united airlines by a board member and a board member that has experience when it comes to operations in the rail industry. oscar munoz is the new united airlines ceo. he was the former coo of csx. the large rail company and he is going to be focused on improving the operation at united. they have had problems over the last three years since united and continental got together. here's oscar munoz yesterday talking about his focus now that he is

the ceo of united-continental is stepping down. other top executives are out, united says this is tied with an internal investigation related to a probe into the port authority of new york and new jersey. in february, a grand jury subpoenaed information from the executive officers. media reports said that united was accused of adding direct flights to south carolina, near the home of a part of 40 official, in exchange for official favors. we are expecting more commission on this, so stay with abc seven for the very latest. time now to talk about the weather. steve: welcome back, first. how is baby emma? alison: she is great, 12 weeks old today, and hopefully sleeping. steve: it will be very nice tomorrow morning, and after that it will be very nice. good to have you back. 80 degrees at reagan national, the wind out of the south southwest at 10. the heat index, past 11:00, and still feels like 85 degrees. the high today, 92, 10 degrees above average. we were eight degrees shy of the record today, 100. nothing like that anytime soon.

they feel like he has the knowledge to take united continental.kind of thing alone. parity thinksign the company has gotten rid of everybody who may have been involved with this? hard to say. there were definitely people at the dinner yesterday. it could be a case where united is trying to get ahead of whatever they are talking about federal prosecutors. matt: do you expect more expulsions from united? yesterday that it is continuing and the federal investigation is continuing. that is all -- always a possibility. mark: all right. mary joins us from dallas and justin here in new york. little more on this story, it is on bloomberg.com. this is just fascinating. this story has come it seems like a soap opera. matt: it has got all of the dramatic elements you could hope for in a story. thesee credit goes to fine reporters. still ahead, apple's product event started with tim cook. he's already onstage talking about the watch. presidentsenior vice commenting on gopro and the watch app. we will have more on this with bloomberg television. wey johnson is

united continental, the ceo and two other high level executives abruptly stepping down last night amid these allegations that the airline traded f ors with the now former head of the new york, new jersey port authority. the story is among other things th they created a newark to columbia, south carolina route fo orm. all this in exchange for favorable treatment at newark airport. he was forced to resign last year for his alleged role in the controversial lane closures of the george washington bridge. no one is commenting on this latest development while the federal investigation does continue. as we have been mentioning in 45 minutes apple will unveil this new lineup of products. among other things, they are expected to unveil a larger ipad with a 13 inch screen. that's aimed at professionals. there will be an updated version of the apple tv system and most important, a new version of the iphone. it's called the 6s. it's said to have a higher quality camera and is easier to navigate. they will have to rove themselves to shareholders. apple stock has been in a funk this year. in fact, j

. >>> to the scandal in the sky, as we reported last night, united continental's chief executive resigned and made the ongoing investigation. now the public and investors are asking, what went wrong at united? the new ceo vows to lift the airline to new heights. phil has the story. >> reporter: a corporate scandal rock . they resign without warning as questions mound about the relationship and he two united executives had with the former head of the new york/new jersey port authority which runs the newark airport. federal investigators are looking into why united add flights from newark to columbia, south carolina, near the second home of the port authority leader. a route later kansas when he told the port authority chairman later left his job. did they add the flight? >> is there something of value, was there a quid pro quo or was there a kickback? >> united is not commenting on the investigation. meanwhile the new ceo vows to improve the performance from a poor on time arrival record. united can do better and the airline's new ceo knows it. >> it is just an absolute and complete point

is there a look at shares of united continental which had a big move. its ceo jeff smisek out. eau, any detail how this went down? >> a few more details. remember, there was an ongoing internal investigation at united airlines. there is also a federal investigation into what kind of an agreement jeff smisek and other executives may have made in the past with the former head of the new york port authority regarding flights from new york down to, and i believe it was north carolina or south carolina. i can't remember the exact small market. it was one of those flights if you added service there, it would stand out. at the time when this investigation was announced, everybody said well, did you do this in exchange for the port authority giving united special treatment in the future? at the time united airlines said we are investigating this. we do not believe this was the case. clearly, that's all tied in with this. not only has jeff smisek no longer running united airlines or chairman of the board, also announced today is the executive vice president communications and government

i know you know nothing about the sample ton and the united continental ceo, but you appointed him.his isn't the first time one of your appointees has come until legal fire. should people question your judgment when it comes to your appointees? >> i've been in public life for 13 years. my entire life has been about making sure the law is enforced, making sure people hold a certainly ethical and legal standards in their conduct in office. i've stood by that standard my entire career, and if they don't hold to that standard, thej they're fired. that is the way it works. the fact is we have 60 thousands people working for you, there will be occasions when someone doesn't hold up that standard. i don't know if this is one of those instances or not, but when i've instances, i've acted strongly, decisively and continued to keep myself where i need to be, which is making sure that the standards i hold myself to are always the highest standard. >> tax policy has emerged as a big issue, and both donald trump and jeb bush are supporting increasing taxes on hedge fund managers, taxed at about

be a morning person again, with aleve pm. >> the united continental ceo is stepping down.l joins us this morning with more on this. shares under pressure this morning. >> a little bit. i think that's because investors are trying to figure out if this will lead to united becoming a better investment now that the shakeup has taken place. jeff smisek resigned yesterday along with two top executives. in part because of their ties to a federal probe. oscar munoz is the new ceo. underperforming operations at united airlines in a number of areas, unhappy pilots, the flight attendants are looking for a contract, and there's a battered corporate image. those are things he talked about addressing on a conference call. >> my job is to stop the concern about the future. and that only happens by direct and personal outreach, and that's where i'm going to spend a lot of my first 90 days. >> reporter: as you take a look at shares, he says he will go around to different areas at united, flying on the airplanes, talking with members of the employment force there, but the bottom line is thi

. >>> corruption at united continental. phil lebeau with new details on the ceo. >>> plus, walt mossberg will be joining us to get hiss take on apple's new product announcements. a lot of questions for walter coming up. so you're a small business expert from at&t? yeah, give me a problem and i've got the solution. well, we have 30 years of customer records. our cloud can keep them safe and accessible anywhere. my drivers don't have time to fill out forms. tablets. keep it all digital. we're looking to double our deliveries. our fleet apps will find the fastest route. oh, and your boysenberry apple scones smell about done. ahh, you're good. i like to bake. add new business services with at&t and get up to $500 in total savings. hey! hi! our cloud - it's a platform based on awesome-ization! really? can it keep our data where it needs to be no matter what country we're in? integrate with our systems to help keep transactions secure? combine customer data with likes, tweets, the weather, to predict trends? that would be awesome

c-span cities tour heads to seen augustine, florida, the oldest european settlement in the continental united states. --e's daily on the ponce de leon park. thursday at 6 p.m. eastern here on c-span. >> the c-span cities tour, working with our cable affiliates and visiting cities across the country. this weekend we are joined by charter communications to learn more about the history and literary life of grand junction, colorado. the mining of a certain mineral had importance. the plateau and here in mesa county outside of grand junction, we are surrounded by morrison rock. we find dinosaur bones and fossils. that has intrigued scientists for long time but the other thing we find in the morrison is a mineral, a rock called ca rnetite. it contains radium which is used -- radioactive and contains vanadium, which is used to strengthen steel. during the buildup to world war ii, and during the war itself, vanadium was of extreme value. tite contains uranium and it is one of the best sources for atomic power and atomic weapons. he fought the battle to preserve water for western colorado by making su

united continental's chairman and ceo stepped down effective immediately. being replaced by the board member. his departure comes amid probes in the relationship between united and the port authority of new york and new jersey. they're investigating whether david sampson demanded favorable treatment or personal favors from united. the airline fell 1% in after hours trade in germany up by 0.9. >> a german court has rejected the request for an injunction which could have presented a second day of pilot strikes. around 1,000 flights are expected to be cancelled today. shares in the airline are following the rest of europe higher although looking at the picture just about flat. almost half of long haul flights were stopped yesterday in the 13th strike amid on going clashes mostly over pay. the walk outs cost them around 100 million euros so far this year. >> consolidation lift off aerojet offering to buy alliance. this comes after discussions back in august according to sourc sources. >> they were made through a joint venture ten years ago. >> and it's virgin a

an internal investigation at united continental led to the ouster. >>> donald trump widening his leadabout one minute. "new day" has that. impressive numbers. starting now. >> donald trump is good. he is very, very good. when he's bad, he's bad. >> maybe, just maybe i'm getting under his skin because i'm climbing in the polls. >> humility and the fear of the lord. i don't get that impression. >> we need a strong immigration plan. >>> former tennis star james blake says as many as five plain clothes officers tackled and handcuffed him. >> what would you like to hear? >> an apology. >>> days of furious flooding sweeping away hoes. >> seen people that had to climb on the rooftops and clinging to light poles trying to wave at the military >>> all right. good morning. welcome to "new day." it is september 10 at 6:00 in the east. we have new numbers to show donald trump continues to defy the law of politics. a new rnc poll out right now shows trump widening his lead over the entire field. he has the backing now of 32% of gop voters. it's the biggest number in any national poll to date. reme

shares of united continental sharply lower afterhours. the company saying its ceo has stepped down. departure is related to a probe associated with the port authority. and macy's will shut 35-40 st e storesality love you baby girl. duracell quantum lasts longer in 99% of devices so you can always be there. ♪ so you're a small business expert from at&t? yeah, give me a problem and i've got the solution. well, we have 30 years of customer records. our cloud can keep them safe and accessible anywhere. my drivers don't have time to fill out forms. tablets. keep it all digital. we're looking to double our deliveries. our fleet apps will find the fastest route. oh, and your boysenberry apple scones smell about done. ahh, you're good. i like to bake. add new business services with at&t and get up to $500 in total savings. so far, you're 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,

united continental's ceo stepping down amid a federal investigation into the airline's dealings with the port authority of new york. and new jersey. weiss? >> it was textbook the way it should happen. the way the management handled the board is that smisek is out, he's resigned, not such a bad thing. one of the reasons why the stock is up. the integration they've had was one of the worst in terms of their acquisition ever continental. >> customer service not great? >> no. >> flying experience not great? >> nothing worked. >> we live near the hub, near ual's hub in newark. >> i understand what you mean. >> it was terrible. man you couldn't go anywhere. vee would fly down to duke and vandy, there's a news flash, steve doesn't live in newark. >> nothing wrong with newark. i like newark. >> let's stick with the airlines. >> the bottom line is -- >> the bottom line is you're done. move on. eliminated yourself. >> joe, save weiss. >> let's talk about what we did yesterday. in the portfolio. and ha was adding jet blue. >> adding jet blue. the airlines have traded incredibly well over the la

united's c.e.o., jeff smisek, had led the airline since it merged with continental in 2010, but that r has been anything but smooth. yesterday, amid the new turmoil, smisek and two other united officials resigned. scott mayerowitz covers this for the a.p., and george hamlin is an airline industry analyst and consultant. welcome to both of you. scott mayerowitz, let me start with you. trading favors, cronyism, inside dealings? it's quite a tale. tell us a little bit about the alleged dealings here. >> this is one of those scandals that started with the closing of a few lanes on a bridge has now led to the toppling of the c.e.o. of th the second largest airline in the world. the flights were one of the issues. united wanted more improvements to its airports and also wanted to get a direct from wall street and appears executives were willing to do whatever it took to make port authority officials happy to they'd approve the changes. >> brown: all of this is flowing from this prior investigation that our viewers will remember from a couple of years ago involving governor chris christie an

coast because it is a small island nation it is not economically self-sufficient like united states or continental europe. 80% of the petroleum came from the united states as well as steel and aluminum soda had a strategic leash and the rose bowl was not averse to police that because japan was so dependent upon united states began to turn its size to assess south to the malaysian peninsula countries that hitler was beating up on their in the southern colonies the japanese knew if they had massed the stocks of petroleum in the materials they needed to become self-sufficient to keep the war machine going so there were falling apart of both sens the president knew it is only a matter of time before america was attracted to war. a la red to victory began by picking the right team and that she begins with the president under article ii of the constitution is the commander in chief of the army and navy of the united states. but they had zero military training. his only involvement was the assistant secretary of navy during the wilson years roosevelt sailed off to europe toward france stay well behind th

average return for united continental 8% of that span. dollar general up 3%. there are plenty more as well as names that don't perform well. again, if you are a cnbc proscriber go to cnbc.com/pro for subscribers and get the full story on that. back to you. >> let's get to our closing bell exchange for this friday. joining us, jim kohn, michael black and ben willis. is there a correlation between oil and equities these days? there seems to be some disagreement on that. >> you are not going to get a disagreement from me, which is rare. the fact of the matter is there is a direct correlation on a second by second. they tend to separate after major moves, if you will. take a look what happened in the chart today when the rig count was announced. what happened to crude and the dow jones and s&p. the charts were identical what they gave up. >> rig count went down by 10 and what happened to prices after that? >> the price of crude dropped. it rallied and came off. if you follow the drop in oil, you can lay that over on the s&p chart and watch them come down. they are

. >> and if you don't have a passport, you may not be able to fly in the united states of america. inside the continentalate. >> yes, where you'll have to get one to fly inside the states, even if you have a photo i.d. this is something new. you need to know p. >> that is new. >> a loft people are traveling in the fall. that's when i would like to take my have i cases in the fall. >> why the fall? >> because there aren't as many people on vacation. >> that makes sense. >> over the summer, kids back in school. speaking of fall, happened 4:21 this morning. >> it d you know what, it will be warmer for of the first day of fall than it was on the last day of summer. >> how does that make sense? i just don't know. it is weather for you. a nine out of ten is your weather by the numbers. yep, fall is here, and the leaves are falling, and the autumnal

and yet their merger between united and continental, it went through before the american-u.s. airways merger went through. and a number of people have said for some time what's the problem at united? why are there so many problems integrating these two airlines? and they pointed the finger squarely at jeff smisek. well, now jeff smisek's not in charge. it will be interesting to see what oscar munoz and his leaders do in terms of increasing that integration, making this airline finally catch up with american and delta in terms of operational metrics. >> phil, keep us posted again. united's analyst call happens in just about 20 minutes' time. it sounds like this is sort of the straw that broke the camel's back in terms of his performance at the company. >> i think so. i think there's two things going on after hours. down because of uncertainty. you never love investigation, top people being fired. but then it sounds like there's a positive in there as well for maybe new blood, mr. munoz can turn it around. >> if this guy is new blood. he is an internal canned. >> i think the more

been some beneficiary, take the airlines, unlight freight carriers adjustable fuel surcharges, united, continentala and jetblue don't necessarily pass those savings on to customers, meaning fuel a big tailwind, ea diesel lower than a year ago. warner, night, covenant, not only does this lower cost but savings at the pump translates into more spending by consumer, means more demand for these types of truck because lot also depends on what's actually being transported. less than truck load carriers, trend to haul more industrial goods and raw materials, a much harder time since they are more exposed to drilling and manufacturing, wait on companies like conway and yrc worldwide. a similar story forrers are, csx, northern southern, kansas city less crude, less fracti, less steel moving by rail, less coal as cheap nat gas has hurt demand. brian? >> morgan brennan, thank you very much. >>> speaking of oil and those transport, a check on oil because yesterday, we dropped more than 8%. this coming off of a nearly record breaking three-day rally. crude oil weakening from yesterday. selling continue, 44.79.

there have been several outages at united after it merged with continental. last year, an investigation uncovered a large scale and systematic tax avoidance scheme implicating some of the world a guest -- the world's biggest companies. it referred to a time when jean-claude juncker was the prime minister of luxembourg. it caused huge embarrassment, but he is still under pressure to answer questions about his role in the affair. reporter: jean-claude juncker was on the defensive. he denied establishing a massive tax avoidance system in his time as finance minister of his native luxembourg and he advocated closing tax loopholes for multinationals. for those wondering why he is still part of the discussion, he said -- >> i have always thought i had the duty because my country of origin is art of the investigation to not get involved. that i have the obligation to abstain because of professional ethics. reporter: the so-called luxembourg leaks revealed how 300 companies, including apple, amazon, ikea, and deutsche bank profited from specially arranged corporate s

united gobbled up continental airlines in 2010, made it one of the biggest airlines anywhere in the worldceo and chairman was just forced out tonight along with one of their senior vice presidents and way down deep in the press release announcing they were ousting their ceo came the explanation of why. quote, the departures announced today are in connection with the companies previously disclosed internal investigation related to the federal investigation associated with the port authority of new york and new jersey. the investigations are ongoing and the company continues to cooperate with the government. one of the things under federal criminal investigation, since the bridgegate scandal broke open relates to david sampson. chris christie's dear political adviser, friend and mentor who had to resign because of the bridge scandal. one of the other matters the u.s. attorney has been looking into related to david sampson is something called the chairman's flight. david sampson, apparently has a vacation home near columbia, south carolina, and one of the things unearthed is that united airl

because of the comanche it was hard to go across, and the sioux it was hard to go across the continental united states of everyone was looking for a quick break -- a quick way through the isthmus and one-way was the isthmus and another way was pure nickel wacha -- nicaragua. that hugely increase the value of central america as well as northern mexico. so there you go. [applause] >> chris will be appear gladly signing. please remember to fold up their chairs. [inaudible conversations] [inaudible conversations] >> this is a reporter stream. on one hand you have the international federation of robotics who argues the deployment of robotics technology is the biggest job in history and you have people like the computer scientists who say no human jobs at all and he says computers will be able to -- robots and computers will be able to do everything that humans do by 2045. well who is right? i have read the literature now for a long time and it's all over the map and i'm convinced that the things that will actually make this happen one way or another, let me give you one example because so many books

and so in theory, they can have, they can reach the continental united states if this continues to progress watching the replay of a movie that we've seen multiple times with north korea. i think it is aimed at getting money and aimed getting legitimacy for their programs after the iran deal. melissa: absolutely. they're emboldened by the fact we dealt with others. we freed up a way for them to get money they want. they want the same deal. at the same time, dan, there is a lot of looking inside of the arsenal that isis has. we've seen a lot of articles we have recently. when central command talks about the fact they have blown up 184 humvees it sounds like a lot. until you drill down the numbers, that they captured 2300 humvees from iraqi forces when they captured the city of mosul alone. when you drill down the details of weapons isis put together it is very daunting. >> yes it is. it suggests a situation that can and indeed spinning already out of control. the question how much longer can the united states try to keep all of this at arm's length? isis will only gain strength this sort of

with the united enentity between united and continental. e looking for more details, he and two other high level executives with united were cutting deals with the port authority in new york and new jersey and those underperforming flight were still going, all we know neighboring airport. we'll assume it is newark because it was good for the person that was running the port authority. all of this is collusion. it is illegal. >> david sampson. chairman's -- >> this is bad. smisek is out. and this could -- charles: tip of the iceberg. >> we'll get more details in the next few days. charles: event tech geeks get geeked up about. they will expect a new lineup announcement. new gadgets and iphones. all exciting stuff. we'll bring you there next. mind? a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive? so you're a small business expert from at&t? yeah, give me a problem and i've got the solution. well, we have 30 years of

a slug of four inches of rain, and that's going to get worse as joaquin gets closer to the continental unitedmile-per-hour winds. this morning on "today" it was at 75 miles per hour. the plot of it brings it to the bahamas, but look at saturday, it intensifies to a category 3 storm. by monday morning, 8:00 a.m., just offshore of new jersey but the cone of uncertainty. we talked about this yesterday, 520 miles wide. it could be inland. it could be a fish storm out to sea. still remains to be seen. but we do feare talking five ton inches, upwards of ten inches of rain. these are the models that we look at and just about all of them bring it onshore around the carolinas. but we i have bag ridge of high pressure over the atlantic. we also have a troth of low pressure down along the southeast and the jet stream running along the coast. so the national hurricane center split the difference, put it between the uprights and bring their official path right up to the coast of new jersey, so we'll continue to track this, but kate, right now, it's still a little on the outside of being able to nail this

. >> and if you don't have a passport, you may not be able to fly in the united states of america. inside the continental united state. >> yes, where you'll have to get one to fly inside the states, even if you have a photo i.d. this is something new. you need to know p. >> that is new. >> a loft people are traveling in the fall. that's when i would like to take my have i cases in the fall. >> why the fall? >> because there aren't as many people on vacation. >> that makes sense. >> over the summer, kids back in school. speaking of fall, happened 4:21 this morning. >> it d you know what, it will be warmer for of the first day of fall than it was on the last day of summer. >> how does that make sense? i just don't know. it is weather for you. a nine out of ten is your weather by the numbers. yep, fall is here, and the leaves are falling, and the autumnal equinox, 4:21 this morning, were you with us when that occurred. bus stop ready for school. a lot of kids don't have school today for yom kip our, jewish holiday, it is though, day where you probably just want to wear apollo shirt. even though it is cool t

. >> some of this influences us in the continental united states as well.he typhoon as it hit taiwan, what we would consider a category 4 strong, a very strong storm. some places saw almost two feet of rain. it was flooding. it was wind all at the same time and up to 2 million people possibly without power. now, as it passed across the taiwan straight, that was cooler water. it was moving over land, dryer air. it was a lesser system moving in to china. the last report on this has now been written. so form dprochlt from now on. we have to deal with what happened. this is a in that one. joachin off of the atlantic. remember going do see over the next couple of days, it will slowly turn to the north. it's not going to be a land impact for a few days. winds to 40 miles per hour. this is something we watch. this might not ever make it to land before it dies out. something to monitor. we've also had tropical moisture not a system but the moisture from it that was able to hit places like florida. >> is heading northward. it will be impacting the northeast along wi

selig: when i say this, we need to keep in mind the continentals, the united states are made up of many different racialus and ethnic and groups. the europeans in particular bring their own cultural baggage with them, which is something that the french experience continually over and over again and the french army, too, as i said. a quarter of them are german-speaking or german. their experiences are considerably different than those of the french sometimes. because of nothing else, more orn half our calvinist lutheran and they enter into a very different, and very different religious environment than the catholic french, for example. in newport, hand, rochambeau places guards at the doors of churches to make sure his troops do not wonder rendering church services -- wander in during services. the french forces, for example marched down the east coast. they encounter pockets of frenchmen. who have comets over here. and you get the complaint over and over and over again that these huguenots do not want anything to do with these soldiers of the king of france beuse they remember why grand

and you can make claims to the united nations by saying your continental shelf is attached to this ridge, along ridge about high,iles, 12,000 feet enormous mountain ridge. and if you can show your continental shelf is connected to that, your landmass them in essence, is connected to that, then you can get much more of the arctic. there is this competition among they countries to show deserve more of the arctic. the russians are trying to claim half the arctic is theirs. it is an enormous battle, political battle as well as military and intelligence frontier. so that is where we are right now. and as the arctic disappears, pretty soon there is going to be a total ice-free summer up there in the next few years. and that means there is going to be a lot more activity in terms activities, ships sailing back-and-forth, tourist shows, a lot of activity. the problem is, the u.s. has not kept up. we have two broken down icebreakers that are due to pretty much be out of service in five years, and we haven't been paying attention to the arctic so we have nothing to take their place. amy: can you e

it led to several outages at united airlines after it merged with continental airlines in 2010. >>> just hours ago, the if ed ral reserve announced it would leave interest rates where they are, unchanged, instead of raising them for the first time in nine years. raising the rates would signal that the economy is official on the rebound, but it could also have a direct and wide-ranging impact on consumers, increasing costs for borrowers. at a press conference today, the federal reserve chair janet yellen left open the possibility of raising rates in the future. >> the committee continues to anticipate that the first inkree in the federal funds rate will be appropriate when it has seen some further improvement in the labor market and is reasonably confident that inflation will move back to its 2% objective over the medium term. after briefly rallying, the markets ended in negative territory. >>> federal prosecutors have reached a settlement with general motors, capping a two-year investigation into how they handled a problem of faulty ignition switches. the deflect lingered for more than a

over the past four months jim has flown throughout the continental united states and given free plane rides to cancer survivors and patients. by sharing his passion for flying, jim has brought comfort and everlasting memories to these individuals in their time of need. what truly is amazing about jim's story is that he is going through a similar situation as the people he is helping. after being diagnosed with liver cancer and given just nine months to live, jim decided that he wasn't going to give up. instead, he made it his mission to help others affected by this terrible disease. jim has said, quote, some people get a cancer diagnosis and just sit and wait to die. not me. i want to live. cancer patients live until the day you do. jim, i want to thank you for your amazing acts of kindness, and i'm in awe of your positive attitude and capacity for elping others. mr. speaker, i rise today to celebrate the individuals from my district who were recently recognized for veterans voices awards. i'm proud to recognize state representative bob detmer from forest lake, minnesota, ralph den na

to 463 thoud square miles of arctic territory, extending the continental shelf 350 nautical miles from russia's shores. it's up to the united nations to rule. at stake shipping lanes, oil and gas. as coast guard said in july "the united states really isn't each in this game." evidence of what is a discrepancy in icebreakers. russia has 40, america has two, one of which is at the end of its useful life. so the arctic it playing into a narrowing of worsening relations between russia and the west. russia's annexation of crimea and support against ukraine is causing tension in n.a.t.o. up near the arctic, in norway and nearby countries, russia is testing n.a.t.o.'s resolve with hundreds of military flights violating the neighbour's airspace. the narrative is only part of the story. travel to the arctic like i did, you can see it's part of a world whose brutal conditions require n.a.t.o. and washington to cooperate. the fear is the new cold war will damage a spirit of cooperation and has been around since the old cold war. as tensions simmer between russia and the west. >> a new confrontation is brewing in the high north. with p

that dynamic inside the company where you have either a continental or former united executive.ou have someone coming from the outside. that might help those discussions. pimm: is the resignation of the chief executive, is that part of an overall probe? what exactly is the contention? is it illegal to put together a slight route that is making money? how don't think we know hard this probe is going to go. it's deftly ongoing. -- definitely ongoing. relief him with a bunch of his pay. i'm not privy to his employment contract. right now, it looks like he was close enough to something to happen that united's board was not comfortable letting him retain the ceo and board seat. but not so much that it was criminal that they decided they would strip him of any of his perks. mark: we have 30 seconds left. you mentioned oscar, the president of cfx. he is coming in to run the airline. what do we know about him? >> he has a number of challenges. united is the most exposed airline to overseas markets. he will bring something to the table with union discussions and such. pimm: thank you, ge

staked a claim to 463 thousands of territory, extending the continental shelve 350 nautical miles from shores. other nations bordering the poll, united states, canada, denmark, norway are unlikely to support the claim. it's up to the united nations to rule on russia's bid. these claims on the arctic do not happen in a vacuum. relations between russia and the west deteriorated to the worst level since the cold war. russia's annexation of crimea, and support of rebels in eastern ukraine triggered the cold war with n.a.t.o., the u.s. dominated military alliance. n.a.t.o. responded with deployment in member states bordering russia and ukraine, like poland and romania, and the arctic, norway and nearby countries, russia is testing the resolve with hundreds of military flights violating neighbours air space, and the cold war is spreading north into the arctic circle, where the competition for precious natural resources and polar shipping say. >> it's 10:00a.m. on an autumn morning in transylvania. more than 1,000 romanian soldiers are engaged in war games, under the guidance of marines. it's a routine exercise in military readiness. but de

continental, prior to the merger with united, sitting in manhattan, spent a couple of decades retraining over to newark, continental has a good operation and they were successful. now delta, they have been going back to the same corporations, to big banks saying, do you want to get there on time and not lose your bag? come over to laguardia instead. american is sort of integrating itself at u.s. airways and already farther down some respects with that merger. turning its operation around and in a place like chicago, united and american go head-to-head at o'hare, you would think that if anything, american would struggle more because it is earlier in their merger but they have, so far anyway and the story is not over, done a better job. they sensed that opportunity. the change of the ceo, i don't know if that there are many customers saying they will fight united or not because there is a new ceo, but they went to get there on time with backs and united has been physically less likely to do that. anythingwe will see if changes with oscar minas at the helm. thank you so much. erik: let's ta

united hub. you remember that used to be continental. the investigations are ongoing and the company continues to cooperate with the government. >> oh, boy. >>> you are never more than seven minutes away from weather and traffic and bill evans with your accuweather forecast. >> all right. good morning, everybody. our producer carmen from tyler, texas says i have a tight 30. here we go. we have a temperature that will be around 77 to start your day. it's hot, sunny, 91. real feel will be about 98. so, you see, it's warm to start already. 75 newark. 77 laguardia. it should be 63 degrees right here right now this hour of the day but it's not. it will be a hot day. about 91 later on. heather is looking at the commute. >> i have a tight 30. >>> let's go to the maps and talk about mass transit times. long island railroad metro north new jersey transit on or close. same with the path trains. on to the connecticut turnpike northbound exit 9 up to 13 they are doing ongoing paving. hopefully they will get that cleared away shortly. minor delays ge