S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is and it is really not things Like Airlines so much driving the transports actually fedex and u. P. S. Are arguably kind of stayathome plays and they are also big components of the transports so really just kind of gone sideways in the last day or so, not much of a pullback just yet. So well very to see how that develops and in this context especially with the White House Task force painting a bleak picture on the near term outlook. The most recent report warns that there is, quote, now aggressive
[gavel] the committee will come to order. Today, our subcommittee is holding an oversight hearing on the federal aviation administration. Im very pleased to be joined by senator jack reed, the subcommittees Ranking Member, senator caputo is here right from the start, and im sure we will be joined by others. The faa is a 17 billion agency with 44,000 employees who are responsible for virtually every aspect of aviation in our country, including the safety of commercial airlines, general aviation, and cargo aircraft. Every day, faas air Traffic Controllers are responsible for more than 44,000 flights and 2. 7 Million Airline passengers across more than 29 million square miles of airspace. Over the last year, muchneeded attention has been focused on the crashes of lion air flight 610 and Ethiopian Air flight 302. Serious questions have been raised about the effectiveness of the faas regulatory framework. For the sake of the 346 victims and their families, we need to ensure that these accid
The meeting will come to order, elections to order, i will ask unanimous consent, members of noncommittee be able to sit with subcommittee at todays hearing and ask questions, without objection, so ordered. Good morning and i want to thank todays witnesses for joining the subcommittee ongoing discussion on the status of boeing of 737 max, second and series investigating tragic boeing 737 max accidents, the purpose of todays hearing is to hear from people who fly the airplanes and those who fly in the airplanes. Their loved ones deserve answer. Congress and the industry has worked together to restore confidence and air travel, the foundation of the Community Investigation into boeing 737 max is ensuring safety, as i said before, if the public does not feel safe about flying, then they wont fly, they dont fly, the airlines dont need to buy airplanes, they dont need to buy airplanes, airplanes dont need to be built and if theres no need to build airplanes, no job in aviation, the foundati
Hearing lasts an hour and 45 minutes. Were a couple minutes but will get started. The subcommittee on safety aviation will come to order. I want to welcome everyone to our hearing today addressing close calls to improve aviation safety. This may be the most important hearing we have all year and i want to thank chair cat well, Ranking Member cruz and moran in their help to making this hearing happen. The near misses weve been seeing recently are not normal and are a warning our Aviation System is under stress. And today we will have an opportunity to hear from several Key Stakeholders about why were experiencing so many near misses and what we need to do to increase our safety margins. Well hear from National Transportation safety chairwoman jennifer hamady, chief operational officer tim worrell and rich santa, Airline Pilots association, captain jason ambrossy and former administrator randy back out. While disagreements tend to garner more coverage than compromise, its worth noting i
ahead. it was a busy night and you are waking up to history. america waking up to the historic news that president donald j. trump has been indicted. he is the very first president. we ve never seen this before in history. so here s the latest on this friday, march, 31st 2023 sources tell cnn trump faces more than 30 counts related to business fraud. this case prosecuted by the manhattan district attorney centers around the accounting of hush money payments made to adult film star stormy daniels. as of now, this is how it s supposed to go down because multiple sources say trump will turn himself in next tuesday. he is expected to appear in court for his arraignment in new york. the nypd getting ready for any sign of trouble. all officers are being told to report to work in uniform people prepared for deployment today. meanwhile republicans in the house senate and even some 2024 rivals are rushing to trump s defense, calling the case political and outrage and even one of them