Watching football with his wife. Those are some of our top stories on this monday, december 29th. Announcer from abc news, this is world news now. We need to start with that expanding search for a missing airasia jet. Australia has joined the effort but an indonesian official doesnt hold out much hope. He said he expects they will find the plane at the bottom of the ocean. Abcs david kerley has more. Reporter this is the actual airarbia a320 missing at this hour. Indonesian aircraft looking for any sign of the jetliner carrying 161 people mostly indonesians. Flight 8501 took off from indonesia Early Saturday Morning headed northwest for singapore. 42 minutes into the flight the jet runs into severe weather, thunderstorms and turbulence. The pilot asked to turn and to increase altitude significantly from 32,000 feet to 38,000 feet. The jet, then just disappears off radar. Its hard to imagine how a thunderstorm would bring down an airplane especially as experienced as this crew is. Well
Gaming word by storm. Er is looking to bring some offline world. U. S. Senate has passed a budget bill. The agreement has been automatic spending cuts under 63 billion. The vote was 6436 in favor of the bill. Oracle reported fiscal Second Quarter that topped analyst estimates. Revenue climbing 2 . A c e pfizers Michael Steinberg becoming the longest serving manager to be convicted of insider trading. It is a government figure that might increase pressure on his former colleagues to cooperate in the u. S. Investigation. Thank you very much. Important news, the federal to trim itscision monthly bond purchases, this pace will follow to 75 billion a month. This will be divided between here to tell us more, Robbert Van Batenburg who is with newedge. We are joined with with j. P. Morgan funds. Withth anastasia amoros j. P. Morgan funds. Is this a good decision today . This substantial and self sustained recovery has been achieved. Is anotherthat confirmation that we are in the late stage exp
Recall, now linked to hundreds of deaths with airbag failures. And investigation of a church buying up a small town in texas some say its a cult. Plus, warp speed star trek fans creating their own shows, and this webbased series is creating rave reviews and a following. Well talk to the cast. I we will have the latest on the mystery of the flight 370. First, an Emergency Landing of a passenger jet in philadelphia. This is cell phone video taken moments after u. S. Airways flight returned to the airport. It had taken off when it blue a tire. The pilot turned around, landed with the knows gear collapsing. You can see people running from the jet. Fortunately no one was injured, the cause is under investigation. Now to the search for Malaysia Airlines flight 370. Tomorrow marks a week since the boeing 777 disappeared. New developments are telling us more about what may have happened after contact was lost. Lisa stark reports. We are six days in and no sight of the aircraft. Concerns about
Today for the First Time Since 20 of their friends, six of their educators, slaughtered by a gunman three weeks ago. We have deb feyerick, she is live there for us in monroe, connecticut, where the new Sandy Hook Elementary School is set to open. Deb, good morning. Reporter good morning to you. You know, one of the things the kids that we spoke to yesterday, they are really excited to be getting back to class. Theyre really excited to be joining their friends and their teachers in discovering what is really a new environment. Today gives teachers a chance to reset the entire sort of school year and get the kids back into a routine. You know, you have to remember that the last time all these kids were together, they were huddled, hiding from a deranged gunman. So you were in the gym and you were in the art room. Reporter ben and ethan heard the gunshots and screams that horrible morning at Sandy Hook Elementary School. Three weeks isnt nearly enough time to understand all the feelings t
Early start begins right now. I think right now it has to be the Safest School in america. Back to class. The students of sandy hook elementary return to school this morning, but it wont be the one they remember. Fresh faces, same problems. Members of the new Congress Take their oath of office hours from now. And Speaker Boehner finds out if he keeps his leadership job. 66 days and counting. Shame on you. Shame on congress. And political war. New jerseys toughtalking governor explodes at the leaders of his own party. Good morning to you. Welcome to early start, thanks for being with us. Im zoraida sambolin. Im christine romans. Its 5 00 a. M. In the east. Newtown, connecticut this morning, backpacks are being filled with books, tiny teeth are being brushed, and the students of Sandy Hook Elementary School are preparing to return to class for the First Time Since a gunman took 20 of their friends and their innocence as well. Debra feyerick is near the new sandy hook school. Its in monro