united jet blue, they have said that they are looking at the idea and they will decide as they go along. you know what happens once one airline does it, they will all do it. >> pack your headphones it can be a long flight. john, thank you. >> we could be looking at a third straight day of losses for the dow. the blue chips down right now, 70-points the decline is coming again on investigative concerns on a pull back and the bond buying stimulus program. >> the car maker says lit be hiring 5,000 more workers to meet growing demand. ford has already added 14,000 jobs the past two years. for thousands of years egyptian cotton has been in high demand. at least until now. they have gone into steep decline. dominic has this report from cairo. >> he has been at work since sun rise. pitting this all day, will earn her less than $5. but as she explains this is all she knows. represents around 1,000-dollars in value. but the farmer will only get half of that. >> cultivating the cotton requires good irrigation, fertilizers and pest pesticides to keep it healthy. in a good year, these costs can eas

united jet blue, they said they will see what happens the look to their customers, but i am afraid, obviously, if one airline does it i think you will find they all will in time. i would talk longer but my cell phone is ringing. >> several airline, have already allowed cell phones through the years, some of them you may recognize. cutter airline, saudi arabian airline, and tap portugal. on wall street, the dow sank triple digits for a second straight day over concerns for the fed and it's bond buying program. maybe within the next week, when they meet. even with today's losses the dow is up 20% over the year, and the market boom is boosting pension plans. will be ail to cover 96% of their future obligations. now that a a huge jump public pension funs are also seeing solid gains. those early holiday door busters may have worked. retail sales jumping a healthy .7 of a%, cars, furniture, and electronics were among the big gainers. he joins us now live, first let's take a look at retail sales. how good is this? >> pretty good. steer peach 7% isn't bad. that's demand. also, driven by as you mentio

the airlines in terminal a that are being impacted include american, delta, jet blue, united, u.s. airways, virgin american, and hawaiian. janine just mentioned the good news is the flights seem to be moving okay. for the latest on the conditions at the airport you can like us on facebook war find us on twitter and there you will get updates. >>> police are investigating a series of shootings that injured three people in just about 24 hours. now people in the community are getting involved. last night ha vigil was held to pray for the victims of the 26 homicides that happened this year. people are vowing to reclaim their streets. help with police investigations, and put a stop to crime. >> you can't necessarily feel too numb when people are getting killed all the time because it hurts. it hurts when your friends hurt. >> reporter: police say they have no suspects in the most recent shootings and are asking anyone with information to come forward. the police department acknowledges it is severely under staffed for vallejo's population and crime rate. now that issue will be discussed

. >> i am looking, if you are looking at jet blue, united and others, they have to check ahead. is 7:33 a.m.. >> i think you will like today's forecast because we have seven is on tap. right now we're up severely mauled stars. oakland is a 42 degrees and upper '30's leaving your home. redwood city is currently at 43 degrees. as we head into afternoon it will be sunny, kind of hazy. and we will see seven is in the south bay mid to upper 60s. we will continue with gorman than usual temperatures. by wednesday, you can expect cooler conditions in my third set, we're looking at the possibility of scattered showers. i will bring down your 7 day forecast coming up. >> we are looking at it until slow traffic, the san mateo bridge has not become stock ago but it likely will. the bay bridge, we have seen a big improvement on the 880 approach. the macarthur mayes is still backed up. let's attract the slow spots. interstate 80 in the westbound direction has an accident that continues to jam up. 680 south to west 24 is heavy. looking at the 58580 westbound, an accident at green felt is backi

united states and world. with a serious amount of competition with airlined such as southwest and jet blue and other competitorsates. i don't know that we're going to see any otherarge mergers in the future. but this one i know is very good for competition. >> a lot of people who fly domestically quite a bit talk about the age of the fleeted and inflight experience. what are your immediate plans to improve the inflight experience on american? >> we have a hundreds of aircraft on order between american and u.s. airways that will be used to come into the fleet and replace some other aircraft that are indeed getting toward the end of their useful life. so we will be upgrading the fleet. one of the big initiatives that we have we're putting two airlines together. but the other thing, as now with an airline the size of united and delta, you'll see the three of us that have the ability to fly pretty much all over the world. we'll need to compete more on the inflight product and not just the schedule itself. that will be good for consumers as well. >> thank you for being with us. congratulations on the merger. thanks

if united gets their margins right, there should still be enough to generate between 5$50 and a billion in cash. >> the stock had that early pop. can't get out of its own way. is jet blue's not interesting. i think that's a little overhyped. they're writing a check to get these assets. their margins are just okay. they have more leverage on their balance sheet. even more than the legacy. and they continue to buy planes, so they have the growth opportunities. but they are not earning their cost of capital. >> spirits another one of your data. >> i don't mean to say this in a disparaging way but he was complaining about the security fees almost doubling because it's per ticket which would hurt a little more than some of the others. is that an issue? >> it is an increditable statistic. they're in the business of stimulating demand. look at this. i can go to shik this weekend and see the bears play and i can get this ticket for $35. those are the passengers. these guys are fighting the tax battle. they have drawn the line. i'm not adjusting my model, but sure, there's going to be some that will be affected. >> quick question for you on multiples. we have gotten used to the