The dream of civilians soaring into space as paying passengers could be on hold tonight after the deadly crash of a Virgin Galactic space plane over the california desert today. Its the second accident involving a commercial spacecraft in this country this week. One crew member is dead, another was badly injured in todays crash which occurred during a test flight over the Mojave Desert just after the craft separated from its mother aircraft. These images appear to be an explosion and pieces of debris tumbling to earth. Nbcs tom costello has been covering the rapid growth of commercial space flight. He joins us now from our washington newsroom with more. Tom, good evening. Reporter hi, lester. It appears one of the pilots was able to parachute out and was injured, the other did not get out alive. They both worked for scaled composites, which built the spaceship. Tonight the ntsb is launching a team to investigate what went wrong. In mojave, california this afternoon disaster, the burnt
Point trading range from top to bottom. Sglefr single trading day this year as youve said. Incredible were up 261 points. We should remind everybody in case you missed it this morning or some hugh a historic day. European central bank decides it will launch quantities taitz difference easing. Japan was first back in 2001. The u. S. Followed suit. Now its europes turn. The baton is being passed and markets are rewarding it. Say with us for a closing bell exclusive, david mckay in his first interview since becoming ceo. Much to speak with him about. Of course moved today by the European Central bank. Also canadas surprise rate cut yesterday. And they make a huge acquisition. National city bank today. He will tell us about it and their plans for the u. S. Denmark cut overnight by the way. Another surprise rate cut. Exactly. They have to respond. Its a cascade. A race to the bottom as it were. And when it has a gate at the end of it you know its big. And the nfls deflategate is now hit thi
That drone that Kara Swishers showing you. Does it have seven tamcameras or something on it . It is fascinating. Any anybody familiar with the Drone Industry knows about those cameras. It could really take off. A new report says jpmorgan could lay off 5,000 people by next year. Is this a broader issue for the Financial Sector . Many parts of financials have suffered the last couple of years. Is there normore layoff to come . Going to the front lines, we have the ceos of three major banks all here exclusive on closing bell. We begin with the markets. An hour to go to the close, the dow is down about 40 points right about the middle of the trading range today. Giving up. 2 . Caterpillar interestingly the big weigher there, down 2 on the session today. The s p weaker by 2 1 2 points. The nasdaq which yesterday closed at a record high today giving up a little bit of that. Down about nine just below 5,100. One featured market were following closely today, natural gas sinking like a stone ar
Operation with police in karachi aimed at clamping the city of terrorists and other hard core criminals including hired killers gun runners and drug paddler. As you. After appearing to back up late playing to get hold of more than two thousand stray dogs and kept in the host city for the two thousand and fourteen winter games such as officials have reportedly hired a company to seek out an exterminator home with them all. It is not known how many stray dogs have been killed by the company on the heels of the report several dead dogs could be seen on the retail boardwalk area of the gene mapping conflict over the weekend. The news coincided with an in depth investigative report by western media about shoddy workmanship and rampant corruption at the sight of this years winter Olympic Games which are scheduled to run from every seven that every twenty third. I knew the routine. She and one the offer. One one one one one one one one. Ch. Been to the beach. Reach out to wyoming. When the is
Bank gallon is to appear before the House Financial Services committee and there are eleven and the Senate Banking committee on february thirteen yell and who was the best daycare last spoke publicly of her Senate Confirmation hearing on november fourteen before the fed kept its first half going down is a massive bond buying program. As you the controversial french comedian utah may have been banned from entering britain after several other shows were canceled in cramped be a dante had said he would travel to the uk to support its brand footballer nicholas and alcott who is facing a disciplinary hearing after performing eight when al and allegedly anti semitic gesture during a premier league match. The home office has declared the performer first time in on the top and warned he will not be allowed into the country. Uk home office had sent out a warning here like another transport company as well as border officials that the performer known by his stage name you would on eight hits and