Thank you. [applause] mr. Holbrook howdy. Jfk emphasized the importance of the space race during a time of fear in the u. S. Incredible men and women took this challenge head on. Nasa became a beacon of hope for the nation. I am honored to introduce one of those legends. The man who pioneered apollo 11 and apollo 13. If you have ever heard the phrase houston, Tranquility Base is here, the eagle has landed. With great honor, i am here to introduce houston. Mr. Gene kranz. [applause] mr. Kranz thank you. It is a real privilege. I have a couple aggies in the family. To be introduced by an aggie. They told me i had three hours to speak, so we will have to be speaking through lunch here. But jared said no, he will give me a call when i have five minutes. So he is going to stand up and give me sort of a heads up. When i finish, i have a three minute video of the actual Lunar Landing. And i think that will put this year, this decade of the 50th anniversary in context of what is happening. I u
Ground test. While its disappointing, it also can be a real gift to the final design. Reporter the company embraced its failures. To be totally frank, if it hasnt been some hardware on the test end, i dont think you tested it hard enough. Thats the reality. I think sometimes the Aerospace Industry shies away from failure in the development phase. Reporter gwen shot well is space xs president , musks right hand. It looks bad politically, its tough and the media certainly makes a lot out of failures. But candidly, thats the best way to learn, is to push your systems to the limit, learn where youre weak and make things better. Lift off. Reporter spacex is armed with an escape system. If the rocket falters, its engines can push away the capsule, landing the crew safely in the ocean. And we have splash down. Reporter you genuinely believe if something goes wrong, youve got options . Absolutely. We focus on reminding folks there are people on the pointed end of the rocket ship. Thats importa
Movers today small caps again today as they were all week. Transportation stocks Like Airlines as they have been all week bank stocks, industrial stock, energy stocks. All the market leaders this week as well as today whats lower today the peleton, zoom. Slack is down big today. Thats down about 13 . Big cap cyclical stocks. It was all about the reopening story. Stock of the week, boeing, thats not a typo. Up 43 jpmorgan a lot of bank stocks up double digits caterpillar is up double digits overall. Perfect for the reopening story. Remember the three buckets. The big problem we have got, stocks are pricey. We need to see earnings estimates start going up thats what were not seeing so far. Thats wa hat we hope to see in the next month or two. Now to the bond market where the tenyear is surging back to gas. Rick is tracking the action this afternoon. Rick its amazing. 92 basis points. Were up ten basis points on today. Were up close to 30 on the week as you see on the intraday chart. If y
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Industries association. Sen. Wicker all right, we will begin, and we appreciate people working with us on this partially remote, and partially in person hearing on a very important topic. The covid 19 pandemic has affected the normal operation of every Public Institution in our country. Including, as you can see, the legislative branch. I thank my colleagues and witnesses per for participating in todays hearing, which is the first of many covid19related oversight hearings that this committee will conduct. We will accomplish the business in accordance with the guidelines established by the rules committee, and in consultation with the office of the attending physician. And i want to thank my colleague and Ranking Member, senator cantwell, for her cooperation in this regard, and for all of our staff. The committee today convenes to discuss the state of the Aviation Industry. Witnesses, which are limited in number by the guidance we received from the senate, include nic calio, president a