his goal is or was to crash into a local walmart. again, his beef with that walmart anyone's guess and residents have taken precautions and moved outside of their home. and tupelo is a fairly large area in and of itself. there are three surrounding walmarts within 20 miles and retailers gravitate to where there's a population center or spread out. we're going to get an update on this, and get the read from a former supervisory agent because the story here that's the most intriguing and perhaps the most worrying is the fact that this individual stole this plane. and is doing this right now. how he did that after this. as someone living with type 2 diabetes, i want to keep it real and talk about some risks. with type 2 diabetes you have up to 4 times greater risk of stroke, heart attack, or death. even at your a1c goal, you're still at risk ...which if ignored could bring you here... ...may put you in one of those... ...or even worse. too much? that's the point. get real about your risks and do something about it. talk to your health c

so walmart is one of the kings of the staples i love what they have to do.they're going to do a great job when it comes to maintaining margins. i think it's a great company so i want to get long exposure to walmart and the way i did that today, i did this earlier today, in the october expiration i bought the 140 strike call i paid $1.50 for that. you can actually buy it a little bit cheaper later in the day but that's the october expiration you can see as with any time we buy an option our mask risk is what we bay, pay, $1.50. the goal is for walmart to get back to the bottom of the gap from may when they reported disappointing earnings i think their going to do that last quarter they had really nice earnings. again they make the stuff that you have to buy. if there is a problem with walmart options it's the implied volatility is low. so there is not a lot of meat on the bone if you want to do something like a spread. but as mike said, sometimes all you have to do is buy a call i love the fact that i am going to get long exposure to the equity space in the s

a pilot has been threatening to crash a small plane into a walmart.been going on now since 5 a.m. so about five and a half hours right now. when a man packed in a plane and then said he wanted to, he wanted to crash into this local walmart. there are three others in the tupelo area, but it's this one he seems to be targeting. he had been on the phone with 911 talking to authorities. we don't know if that is continuing to be the case, but he circles the area repeatedly, this town of 38,000. they can probably make him out just looking up, but we don't know much more than that. we knee it's a turboprop owned by a local doctor, although reports are that this guy stole that plane and then took off. we're fortunate to have jon scott with us right now. he is a pilot as well, maybe he can elaborate on what he knows of the plane and what maybe authorities have to fear or get comprehension. jon, this particular aircraft, can you tell me a little about it? >> well, it's one of the longest running, i think it is the longest produced twin-engine turboprop in the c

i'm proud to be with you here in 40 today represent a walmart to discuss how walmart will continue toartner with all of you and all of your team as well as continue to respond to the devastation of the storm. supporting communities is core to walmart. and florida, is our community. many of our associates, customers and members all across florida are feeling the effects of a sense of damage caused by the storm, and like all of you, we have been closely monitoring its track to be sure that we stay in tune with what our stores, clubs and supply chain team do before after and during the storm. in preparation to response and recovery we have strategically placed things like trailers -- and merchandise and personnel into the right place to resume operations as soon as is safe to do so. we have nine distribution centers here and for that and at one point today, 240 four of those stores were closed. over a day or so we will have the majority of them back open and operated. we have located associate living in mandatory evacuation zones and we are conducting wellness checks and the employees in

i want to get long exposure to walmart.the way that i did that today, i did this earlier today in the october expiration i bought the 140 strike call. i paid $1.50 for that. you can actually buy it a little cheaper later in the day that's the october expiration. as with in time that we're going to buy an option, our max risk is what we pay, that's $1.50 my goal here is for walmart to get back to the bottom of the gap from may when they reported disappointing earnings and i think that they're going to do that last quarter they had really nice earnings. again, they make the stuff that you have to buy. if there's a problem with walmart options, it's the implied volatility is low, so there's not a lot of meat on the bone if you want to do something like a spread. but you know, as mike had said, sometimes all you have to do is buy a call i love the fact that i'm going to get long exposure to the equity space and the staples. >> the chart masters hitting uber's technicals to see if this name is about to make a u-turn. >> it's kin

so i'm proud to be with you here in florida tonight representing walmart to further discuss how walmart will continue partnering with all of you and your team but we continue to respond to the devastation of the storm. supporting communities as court to walmart. florida is our community. many of our associates, customers and members all across florida are feeling the effects of the extensive damage caused by the storm. and like all of you we have been closely monitoring his track to make sure we stay in tune with what our stores, our clubs, supply chain team seem to be doing to serve before, during, and after the storm. some preparation for the sponsor recovery with strategically placed things like generators, refrigerated trailers, merchandise and additional personnel and the right locations to give us the best opportunity to resume operations as soon as it is safe to do so. we have three to 85 stores and clubs here in florida nine distribution centers and at one point today 244 of those were closed. we think over the next day or so will have the majority of those back open and operati

you're not going to do too well on just your walmart pay. another time as a walmart associate, i went to seek food aid. i went to a sort of public/private charitable place that what you could get -- you could come out with a sack of food. and when the interviewer -- the social worker who interviewed me kept getting me mixed up with somebody. you know, i'd tell her that i had a car and then she'd forget i had a car and so on. and then she said, "you know, it's just -- we have other -- you know, people are always coming from walmart. you work at walmart. i get you mixed up." and that to me was a big clue. amy: that is barbara ehrenreich on democracy now! in 2011 on the 10th anniversary of her classic book "nickel and dimed: on not getting by in america." she died on september 2 at the age of 81. among her other books "the american health empire: power, profit, and politics" and "bait and switch: the futile pursuit of the american dream." barbara ehrenreich's son wrote on twitter about his mother "she was never much for thoughts and prayers, bu

we've reached out to walmart but have yet to receive comment. we do know that the faa and the tsa are both monitoring the situation. but it's the local police authorities who are the first contact, figuring out what's happening here as this develops in real time. we have video now of that plane circling around that walmart. this is the statement released by the governor of mississippi, tate reeves, saying state law enforcement and emergency managers are closely tracking this dangerous situation. all citizens should be on alert and aware of updates from the tupelo police department. local police say they have been in contact with the pilot and they tell us he's flying likely a king air, a common turboprop engine aircraft. aviation experts tell cnn this plane will likely have a tail number. think of a tail number on the back of a plane, just like the license plate on your car if you get it registered. that number is so important to planes, it tells you about the aircraft, the manufacturer, the age. it also tells you about the owner. and so that is

we begin with new video into the "cnn newsroom" showing that plane that threatens to crash into a walmart, it is down in a field. you see it there. it is in mississippi. the dangerous situation ended just about an hour ago. cnn's pete muntean has been on top of this situation and story. pete, what do we know? >> reporter: well we know this plane came down in a field in gravestown, mississippi. around 10:00 a.m. local time. int not all that far from where it took off around 5:00 a.m. this morning. you could see a beechcraft, a twin engine commuter, seats about six or eight people and we know from authorities in tupelo that this plane was stolen by what appears to be an airport employee. police received a call around 5:00 a.m. central daylight time where the pilot of that plane, actually we don't know if it is way pilot. but the person flying that airplane called 911 and said they were going to steal the airplane and crash it into one of the local walmarts in tupelo. the plane circled for about five hours above the area. not only above that walmart, but also above nearby neighborhoods and a

he wanted to crash it into the local walmart. there are two there in tupelo. police negotiates were able to get in touch with him via phone. he initially called 911. nego negotiators were able to get in touch with him and were able to get a pilot to talk to patterson on the phone. at one point they tried to steer the plane back to the tupelo regional airport and get cory wayne patterson to effect a landing there. they said that he was within 100 feet of making a successful landing, that is a very small distance, then essentially went back around, flew off to the northwest, over a national forest. they lost contact with him, the police did, via phone. and then they were able to reestablish contact with him when he said that he was in the plane still but at this point it was crash landed into a soybean field. police showed up at that soybean field in gravestown, mississippi, a pretty rural area, and they were able to bring cory wayne patterson out, hands up, and detained him. it's an incredibly harrowing story to tell. at one point a suicidal pilot turned into a

, the walmart could have been severely damaged right? >> absolutely. this airplane weighs 8000 pounds. it can carry 8 to 9 people. two twin entrance, a lot of aviation fuel on board. it could've cost a lot of damage to a building like a walmart. but whether or not the military would have attempted to shoot down i'm just not sure. >> give me a sense jeff of how long you think it took air traffic control at this municipal airports to figure out, hang on, where is that plane? where is it going? is that supposed to be on the runway? is that something instantaneous there were mayor, something is wrong with us? >> probably not. this was a smaller airport. the control tower may not have been open. a need to check whether it even had a control tower. again, if it was a busy commercial airport, yes they would've known immediately because there's commercial air service coming in and out. but a smaller airport like this, the first alert may have been the pilot himself contacting 9-1-1 and not anyone at the airport. >> interesting. so as we look i a

. >> appellate skills a plane and promises to ram it into a walmart. we will tell you how this planet was after biden ramped up anti- mega rhetoric, he seems to be walking it all back.labl walking it all back.labl that's next. every search you make, every click you take, every move you make, every step you take, i'll be watching you. the internet doesn't have to be duckduckgo is a free all in one privacy app with a built in search engine, web browser, one click data clearing and more stop companies like google from watching you, by downloading the app today. duckduckgo: privacy, simplified. ♪ welcome back to the big saturday show. what happened to president biden's message of unity? remember that? the president ramping up attacks against so-called moderate republicans. a primetime speech earlier in the week like the u.s. marines in front of a dramatic backdrop, some critics thing authoritarian. >> moderate republicans represent extremism that threatens the very foundations of our republic. moderate forces determined to take this country backward and mo

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first this is the walmart.almart on main street where authorities say that pattison threatened basically to crash the plane intentionally. you can see a back open now serving customers, back to the bustling walmart that the usually is. for much of saturday morning this place was evacuated and abandoned for both employees and customers. not just from walmart, but a number of houses in the area. a number of seats had to be shut down. the chief told me that there were some thousands of people who really were, essentially, displaced because of the slit threats. now watching that, but also that first appearance taking place there were a number of questions not official still had. chief among them was the motive. they are still trying to determine what it is that they say led patterson to hop into that twin engine plane and begin this flight of terror for many people here that would expand over five hours and mississippi. -- told me that his disposition of five hours of negotiations to cell phone that pattison's disp

the sec had a complaint against walmart and warmer in the motion to dismiss has raise constitutional arguments that have been risen to the level of the wall street journal editorialized last week and they had high-profile litigants i tell you briefly what the arguments and claims are has the former head of the trump administration and also the clerk teamed up with raman martinez the solicitor general and clerk at latham together with walmart on this motion to dismiss is a lot of big names i would think the case is going to move forward, the claim is trying to distinguish humphrey's executor completely from the modern ftc and say that humphrey's executor does not cover the current ftc because what the ftc is doing now is much more executive according to the court's recent decision of law and free enterprise fund and therefore the preservation of removal protection requires the quasijudicial action in the 1930s era ftc no longer can be reconciled with what the agency is doing. will see the ftc's approach has been to oppose the support in the case and i don't know how much firepower the

mississippi now on the ground and the rogue pilot taken into custody after threatening to crash into a walmart near tupelo. welcome to fox news live. i'm griff jenkins. >> i'm alicia acuna, the plane had been circling for hours after the suspect stole it this morning. charles watson is live with the latest on this developing story, charles. >> hey, good afternoon, guys, that plane did land, we're told by police it landed in mississippi, ashland to be more specific near highway 4. we're told that the plane did get down. we had been trying to figure out the condition of the suspect after he was taken into police custody. we have been working the phones and we know there's only one hospital there, the tippa county hospital there. we've been working phones to see if he's been there and folks have not been able to give an update specifically, but, guys, an end to a five-plus hour ordeal that started around 5:00 central time. folks saw this low flying plane circling a walmart and they thought something was strange about this, so they decided to report this to police, a short time later, this suspect

. >>> all right, coming up how inflation is changing the holiday shopping season and what walmart and target's strategies say about the economy and the health of the retail sector, plus our small business owners struggling under the weight of rising interest rates. we'll talk to the ceo of valley national bank who will give us a bird's-eye view from main street but first a look at shares of eli lilly. already said eli manning outperforming the market after their weight loss drug being called potentially the biggest ever with an estimated sales potential of 25 billion. >> i see what you did there. bigger bigger, weightier. personalized financial advice from ameriprise can do more than help you reach your goals. i can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. advice worth talking about. >>> welcome back to "power lunch. inflation is making the upcoming holiday season trickier for retailers. this year walmart says it will hire 40,000 workers, a big decrease in the 150,000 wo

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landing right into a neighborhood's slam right into that walmart. of unanswered questions. >> the good news in this very strange story is no one was hurt. thank you. democratic mayors are still slugging it out with the republican governors of texas and arizona over those migrant buses they have been sending to sanctuary cities. another one rolled into new york city today. the mayor of rio grande city on that in the deadly crisis at the border straightahead. jon: i am john scott and this is the fox report. bystander video captures thieves ramming a car into an suv and then stealing money from its driver in new york city. this was on manhattan well to do upper east side yesterday. law-enforcement tells the new york post they made off with $20,000 in cash. they remain on the run. a shooting in virginia late last night leaves two people dead and five more wounded. it happened near old dominion university and prompted an old hospital to go into lockdown. police have not named a suspect. shooting at the minnesota state fair last night caused chaos prompti

saying why did you agree to sign up for abortion on demand walmart going to pay for you a borrowionse walmart hate their customers. >> people in america have a nuanced view of abortion don't like late term abortion don't like taxpayer funded abortion don't think abortion is something to cheer about is good but want to make sure in tough cases people have access to abortion what companies are doing not listening to customers they are listening to far-left a dangerous game maria. i think new people that are going to be in leadership, in these republican majorities, i am talking to them, behind scenes but going to send a letter on this too they need to not meet with companies until they go back to neutral don't meet with ceo of walmart till all focused on is ring business working collaboratively with applications that coy open market for people to succeed with business of get out of -- >> get being planned parenthood. >> nine months for any reason no pay for the travel. >> my god. in meantime this has become the number one issue for democrats, they are trying to motivate their base, on

defensively more generally in retail, so thinking about companies like a walmart or dollar general or going up market and looking at nike and lulu trying to think broadly and putting this to the side is where i would want to focus my energy >> maybe some people want lawn furniture. >> that's what i was thinking. here is a chance to get rid of the patio furniture. maybe they have the inventory and then what happens when those goods are freed up and up get the rest of the goods. christmas sweaters -- >> right >> christmas in july >> in july, okay this is -- they have to settle this issue >> walmart, talking about walmart, thinking about the couple gaps the stock has had, that preannouncement, down 10% and then it rallied back and then they beat the preannouncement. i think investors are uncertain in the space even a name like walmart. >>> coming up, did somebody say mctrouble ahead? mcdonald's updating investors on what is next the ceo laying out the list of fear factors here and around the world. plus, powell possibilities with just one week until the next fed meeting how will the cent

i think about target, walmart, fedex. each is a big headline that the market had a big reaction to and then sort of tried to shrug off. target seemed to be more about inventory. walmart was about the working class consumer fedex about goods overall. is there a creeping narrative here that investors should pay attention to or no >> you're absolutely right and creeping is the right word because these things don't get sorted out in a day. so the fed raising rates 75 basis points on wednesday, that's going to have an impact six months, a year from now, because the fed, by the way, isn't done they're going to raise rates again in november and december there is this creeping narrative where you're switching from goods to services. and that's going to take a while to play out. people are going to be on vacation they're going to be in vegas like you are they weren't doing that two, three years ago. so that switch, it's going to take a while to work its way through. and also, right now, the low and mid-end consumer is the one feel

the police got word that the pilot intended to crash intentionally, the walmart was closed. that plane flew haphazardly for hours before coming down in the field where police swarmed it and made the arrest. here's our affiliate -- as that drama unfolded. >> we have been able to confirm, we have at least confirmed to us that it has crashed, that does not mean they reach the crash location. one of the difficult things about figuring out something like that is just how fast the plane was moving. at its lowest point, prior to the reports of it crashing, it was moving 163 miles per hour. that's a lot faster than any ground assets can move to get in position. it doesn't have to follow roads. so that has led to not necessarily mayhem, but certainly great concern. today this all started as i bring up different data -- this aircraft, we believe to be a beach craft, a 1987 beach craft c90a. not a tiny plane. a nine seed or. with a range of more than 800 miles. it had enough fuel to stay up for a while. this began this morning at about 5:30 in the morning. if we bring up the original f

the pilot had threatened to crash into a walmart. th

if you look at walmart in '08, it was up 18% or so. we think amazon might be able to be a defensive long in the sense that we think as people get more price sensitive, they're likely to look for bargains on places like amazon. so that's another place -- >> amazon has never really acted defensively as a stock, has it >> exactly, because the multiple has been psso astronomically hih but no long in our portfolio is by itself. we've got tons of shorts in retail matched up against amazon for amazon in particular, we've got ad names in the internet where we think advertising, if you look at '08, '09, advertising revenues went down 20%. the internet was only about 12% of total advertising dollars in '08, '09 now it's 66% or two-thirds of the market so big ad-supported internet companies are not going to avoid a recession. they're going to see their businesses get hit pretty hard so we've got that matched up against an amazon where we think shoppers will look for bargains just like walmart. we like walmart because in '08 the stock was up a fai

walmart has a list that includes gifts under $25. the consumer this time of year. last year we had problems with the supply chain. this year supply chain is good, getting those supplies, is the challenge. liz? liz: okay. well, my list is easy. chocolate. madison thank you very much. madison alworth i know 100 days until christmas. where did the time go? plenty going on in crypto world today as ethererum's long- awaited merge did reach the finish line, so why all the red? what is going on with cryptos? the biden administration putting out a frame work regulating digital assets and is looking at a potential digital dollar. we're going to break it all down with the ceo of high blockchain the company used to be the biggest publicly traded min er of ether. he showed up, by the way, to his first retail job in new york city, in his dad's pick-up truck , filled with the few possessions he had and just about no money to his name. today, he leads one of the most lucrative clothing companies in the nation. hear how land's end ceo jerome griffit

walmart is really a mixed bag. on the food inflation side walmart is also going to benefit. middle and higher income consumers shop there more for value but lower and middle income consumers have less discretionary income so it is really a mixed bag for walmart. >> to the point about the $100,000 household income to dollar general i think walmart saw that with the growth in food with households with more than $100,000 i want to look big picture as we talk about inflation we know that it's higher for a number of reasons. not all can be controlled by fed. if we are going to see a strike in the nation's railroads, consumer facing retail goods, what does that mean for the holiday season, the supply and or the prices that consumers will be paying >> yeah. it again makes the supply chain more complicated it is hard to say exactly how this end up playing out but to the extent to have shortages it can lead to more inflation still too early to reach a conclusion on how the strikes affect. >> thank you for joining us. >> thank you. >>> all right. up next, in today's sell-off here in t

at the controls, a man police say threatened to crash into a walmart. twin engine aircraft lifted up from a regional airport in tupelo where elise preston is covering tonight. elise. >> reporter: lilia, that suspect could face making terroristic threats and grand larceny charges after police say he stole a plane from the regional airport. authorities believe he had some flight instruction but not enough experience to land a plane. >> he right on top of our house. >> reporter: today terror in tupelo, mississippi. a plane police say was stolen circled over homes and businesses in the small city. authorities say the man at the controls, cory patterson, said he intended to crash into a walmart. that forced an evacuation in the area. shamaria robinson got a panicked call from her mother who lives minutes away from the targeted shopping center. >> just so close to her home. >> yeah, so close to her home. it was crazy. >> reporter: investigators say patterson was employed by an aircraft maintenance company at tupelo's regional airport and took off in the twin

look at retail and is the amazon and walmart are the biggest revenue generators in the entire country. the two biggest employers and this incredible gains from this, they appear to create efficiencies. their scale also demands a different production process. it is -- the book, i explore how in the process of demanding the scale you have to have a disaggregation of production. about corporate power, and it shows where that is -- we talk about corporate power, and it is important, it maps out the concentration and the growing power of these entities has been fed and is feeding a diffusion of responsibility. an inability to hold people accountable. if you want to know where your food is grown or the working conditions behind the people who made the clothes you are wearing, it is almost impossible to relearn these days. it is looking in sector after sector of how we have had this, this goes back to the middleman economy, it is an economy or we have these large and powerful middleman and the long and complex supply chains that help to feed their dominance. it has transformed our economy. >

some moves. >> walmart says they're going to hire 40,000 for this seasonal r ramp-up.opoff from last holiday season where walmart was targeting 150,000 workers. this is a sign that retailers are expecting lower demand, especially as people are dealing with high inflation. now, i know that summer literally just ended, but the retailers are planning to start the holiday shopping season soon, really soon, like october. both walmart an target say they're going to start offering deep discounts on clothes and electronics and other gift categories next month and this is in large part because they know shoppers are trying to get ahead of inflation. you know, we know if walmart and target are doing this, others will follow suit as well. so i think this means the holiday shopping season is going to be start earlier than ever. >> so should we send you our lists now? just doesn't mean you're going to buy it. >> rahel solomon, matt egan, thank you. >>> it's a mission ten months in the making and now a spacecraft is just days away from colliding into an asteroid and they're doing th

he stole and threatened to crash into a walmart in tupelo, mississippi. refer to police chief there who tells us patterson is a ten year employee of tupelo aviation where he fuels planes. police are not sure at this point if he is in fact a licensed pilot. but they do believe patterson has at least some flight experience that made it possible for him to not only potentially fueled the aircraft, but to steal it and fly it for as long as he did. nearly six hours. as you can imagine it was concerning for police when they started getting calls early this morning with people reporting a small aircraft flying at low altitude circling a walmart. at about 5:23 a.m. this morning, called lee county 911. threatened to fly the plane into the store. that is when emergency personnel really jumped into action and evacuating the walmart and getting people out of the immediate area as they tried to tuck patterson down, listen. >> negotiators from ten to police department make contact with the pilots. they're able to convince him to not carry out this deed and to land the

it's only operating part time circle led the walmart. police negotiators got in touch and police brought in another pilot to attempt to talk patterson down and have him land back at the airport. he came within 100 feet of a successful landing but then took off again and flew away to the northwest and that's when police think patterson did run out of fuel. they thought the plane was refueled completely the night before. they were able to reestablish contact again after he crashed into the soybean field. local eye witnesses in graves town mississippi where that field is said the pilot came out with his hands up and he was immediately detained. a harrowing story to tell that he'll have to tell in a courtroom now, charged with terror risthreats and grand lary knee. >>> anger, fear, kpexhaustion being felt by people in jackson, mississippi. that city is dealing with a crippling water crisis made worse by this week's historic flooding as they work to restore water pressure, water bottles are being handed out to families after six days, six day

circled the walmart. police negotiator were able to get in touch with him then brought in another pilot to attempt to talk him down and have him land at the airport. police say he came within 100 feet of a successful landing but then took off again and flew away to the northwest. that's when police think patterson did run out of fuel. they thought the plane was refuel refueled completely the night before. they were able to reestablish contact with him by a phone again after he crashed into the soybean field. local eyewitnesses in graves town, mississippi, where the field is, said the pilot came out with his hands up and he was immediately detained. a harrowing story to tell that he'll have to tell in a courtroom now. he's charged with terroristic threats and grand larceny. >>> for the second time in a week, technical issues have forced nasa to cancel the launch of artemis one. a liquid hydrogen leak is to blame for this latest setback. let's go live to kennedy space center and kristen fisher. we know nasa

crash the aircraft into the west main walmart. fire department evacuated the walmart and all surrounding areas. reporter: police say negotiators were able to talk to patterson while he was in the air and convinced into back-office threat. -- back off his threat. tracking data from this website shows the erratic route over northern mississippi as the pilot zigzagged over several hours. the aircraft began running out of fuel around 9:30 a.m., that is when the suspect posted but investigators are calling a goodbye message. the plane eventually landed in the field about 45 miles northwest of tupelo where the suspect was taken into custody. >> we jumped on our side-by-side to go see if we could help. that is when we saw the pilot come out of the blade and two police officers were there waiting. -- plane. reporter: records show patterson had a student pilot certificate issued in 2013. investigators say he worked for a company at the airport, fueling aircraft. abc news, new york. liz: new development in the jackson, mississippi water cri

walmart has not released a statement yet. settlement is part of a larger trial involving other pharmacies, including walgreens and kroger. those companies have yet to reach a settlement. just a month ago, a federal judge ordered cvs walgreens and walmart to pay 650 million dollars for the way they distributed opioids in 2 ohio counties. coming up with more dead whales washing up on bay area shores. there's some new technology that a local organization is using the. >> keep those whales safe in the water and the hackers who targeted the los angeles unified school district are now demanding a ransom. now, the second largest school district in the country is responding. plus, new york's attorney general has filed a civil lawsuit against former president trump. the justice department can now review classified documents seized from trump's florida home. a law professor with loyola marymount university will join us to weigh in on what's next. >> our top story at 6.32, crushing blows to former president trump just an hour ago in a v

soon thereafter, tupelo police department and fire department evacuated west main walmart in tupelo andupelo police department made contact with the pilot and were able to convince him to not carry out this deed and to land the aircraft at tupelo airport. the pilot did not have experience to land an aircraft. a private pilot assisted us in helping this pilot complete this, however it was not completed. upon final approach, the pilot aborted the landing and travelled in a north—west direction, away from tupelo. at approximately 9:32am, the pilot posted on facebook a message, and in essence it said "goodbye". at this time we know he was getting close to running out of fuel. at 10:08am, faa lost radar contact with the aircraft. at 10:12am, our negotiator re—established contact with the pilot. the pilot confirmed he had landed in a field and he was uninjured. soon thereafter, the pilot was taken into custody and is in custody currently. he is being charged with grand larceny and making terroristic threats. here in the uk, police in south wales have apologised for the first time to relatives

told authorities he was going to crash into a walmart. they evacuated that walmart.et on the line with him and convince him not to crash into that store or anywhere else. they were trying to convince him to land in tupelo. he went past that flight plan and decided to land somewhere else in a soybean field not far from tupelo. witnesses there tell us they heard the thud. when they went outside, they saw him with his hands up surrendering himself to police without injuring anyone else. i want you to hear from the mayor of tupelo saying that this was the best case scenario for this situation. >> so we, like i said, i think this is probably the best case scenario, you know, when i get a phone call at 6:00 in the morning from the police and fire chief, that's never a good thing, and of the thousand scenarios that i could have thought of, this is not one of them that would happen here. >> reporter: so we also know that corey patterson mid-flight posted on his facebook account apologizing, saying that he never meant to hurt anyone, he didn't want to hurt his parents or his

walmart is the nation's biggest bank in the coming weeks the retailer will offer checking accounts toemployees. it's still in the testing phase but walmart helps to handle the personal banking of 1.6 million employees within a year, walmart rolling out a virtual try on to see how a shirt or addresses going to look on their own body, shoppers can choose a model that resembles their own body type, skin tone and hair color and try on 270,000 items across walmart's private brand and select national brands, finally visit florida unveiling a version of the two door mustang, the sports car got a new body design but it's keeping the gas powered engines, the contrast positioning their performance to electric, like we saw the president get into yesterday, take a look at the premarket numbers, stock market half 8%, one point i have to make, we can go electric, if you look at the average price per electric vehicle, the average number of tesla nearly $60000, who could afford that. >> they are expensive, absolutely. thank you. florida governor ron desantis is now sending planes full of illegal migr

the man accused of stealing a plane and threatening to crash it into a walmart. how it ended and the charges he's facing this morning. >>> breaking news in the search of the memphis jogger. a vehicle recovered and word of an arrest this morning. >>> artemis setback. nasa scrubbing the launch for the moon mission again. >> it was pretty clear that we weren't going to be able to work our way through it. >> what happens next, our live report. >>> labor day deals. lots to pick from this year, "gma" scouting out the best bargains on everything from electronics to what you're barbecuing tomorrow. >>> a corn kid in corn country. tiktok star tariq visits the corn palace, in south dakota. his special honor as he lives out his ameri-corn dream. >>> good sunday morning. thank you so much for starting your day with us. good to have trevor back with us. >> great to be back. ameri-corn dream. >> i understand his love of corn. >> yeah, you love some sweet corn in the summer. >>> intense weather topping the news with dry hot air in the west, check out this video of a dust storm

i think walmart and amazon and walmart in particularare what consider defensive longs so if you go back to 2008, the stock market, s&p was down 38% that year. walmart was up 18% that year in terms of its stock price because as people get more economically sensitive and the economy gets tougher, people start to shift down and go shop at walmart. and so that really helped them amazon today, and obviously the multiple a lot lower than where it was in '08-'09, but i think you'll see the same thing where people say i can't get it other places, i can go price shopping on amazon and get it cheaper i think you'll see them pick up an increasing amount of share as we go through a downturn as well every long i have is matched against a short. so i can match those against shorts in the enterprise software space or in the advertising space, internet advertising space where i think estimates, particularly in enterprise software, have a lot further to come down because that's the last shoe to drop, in that and in cloud computing. >> certainly this week would lend itself for that discussion given what

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>> well, obviously he was threatening to crash it into the walmart.essentially built to be as light as possible so it's actually the engines and the fuel on board that pose the greatest threat. so i was actually happy to see that he was draining his fuel out because the crash would have caused less of a secondary fire. >> what can you do when someone is flying a plane like this in the air, you know they may have bad intentions? what are the different calculations? can you shoot it down? >> the u.s. can definitely shoot it down but the problem with that is it's going to be potentially over a populated area. there's actually pretty limited things they can do. talking the person down is probably the best hope and i'm very happy to see that he changed his mind and landed in a field. >> they did have contact with him fairly early on. they did manage probably what was the best of all possible outcomes. >> that's right. and one of the things that you're going to find out is this happens, you know, every few years, something like this happens. back in 2018 in

mississippi is in custody today, charged with stealing a plane and threatening to crash it into a walmart. this bizarre incident played out as the suspect was circling the skies over tupelo, mississippi, and people on the ground watched the whole thing in disbelief. >> he right on top of our house. he literally flew over everything. it is all the vehicles and the house. >> so the flight tracking animation shows the erratic path that the plane took. authorities say the suspect had some flight training. but they don't believe he is a licensed pilot. you can see that erratic path there at the bottom of the screen. this all began when the suspect called police threatening to crash the plane. it ended with his arrest. cnn national correspondent nadia romero fills us in on the details. >> reporter: boris, amara, cory patterson is in police custody right now, facing a long list of charges including grand larceny and making terroristic threats. this all started early saturday morning when cory patterson stole a plane from tupelo aviation, that coming from police. police say he was an employee the

if you shop with the walmart app?erything you need is right at your fingertips. ♪ so you can spend a little less, to get a little more. to make life a little better. . >> futures down after yesterday's technical led sell-off, here week folks down 246 premarket s&p down 37 nasdaq down 131. the world bank signaling grobl recession was we await i the federal reserve meeting they are talking about a global recession because of what central banks are doing around the world raising rates, joining me navellier associates founder chief investment officer lewis inactive legreat to have you here the warning from world bank was very clear that the global economy the world will be in a recession next year. parts probably already are because of central banks raising rates jerome powell and company next week. >> absolutely right i am in the camp fed should do 100 basis points next week, whether they do 75 basis points or 100 basis points is not it, there is still behind market rates, and then, so we probably have to have a rate gri

he's the one who called and said i have this plan, i'm going to crash into a walmart. that's when everyone activated and said there is a threat. after that, though, when he declined to do that, after he was circling around, they said that ultimately they were in contact with him. they didn't believe that he any intentions of hurting everyone after that initial threat. the stunning thing during that news conference is that we learned that at one point he agreed to land the plane, but he didn't have the experience. they don't believe that he was a licensed pilot, so they had a private pilot walking him through that. he got within 100 yards of landing the plane, and then for whatever reason decided to abort, decided to fly around again. i was talking to the mayor, he said there was about 50 or 70 miles that he covered. we're talking about a widespread threat. here's something the official, a police chief said about those negotiations, the conversations went. take a look. >> negotiators from tupelo police department made contact with the pilot. they were able to convince h