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
Rose still who tragically died on Ethiopian Airlines flight 302 and thank them for participating. March 10th marked the 1year anniversary of the crash of Ethiopian Airlines flight 302 which was preceded by the loss of land near flight 602. The aircraft involved in both accidents was the boeing 737 max. Our deepest sympathies go to the families of those loved ones who are among the 346 lost in these crashes. Since the Ethiopian Airlines crash the committee has heard from many whistleblowers at boeing and in the Aviation Industry. It is increasingly clear from the investigation that the faa has the number of serious problems, the investigation staff of dozens of witnesses, thousands of documents and emails who have been diligent in pursuit of these facts no matter where they lead. However, i must express my profound frustration with the agencys lack of response to most of my requests dating back to last april, documents that stem from whistleblower disclosures. On april 2nd, 2019, i sent
Are sold. Faa administer testifies about airplane Safety Standards and oversight. The Senate Transportation committee is investigating the faas safety certification process after two deadly crashes involving the boeing 737 max aircraft in 2019. From earlier today, this is just over two hours and 45 minutes. Good morning. Today the committee convenes for a hearing on the federal Aviation Administrations oversight of aircraft certification. I welcome our witnesses, faa administer steve dixon and michael stumo, father of samyo who tragically died and thank them for participating. March 10th marched the oneyear anniversary of the crash of ethiopians flight 382. The aircraft involved in both accidents was the boeing 737 max. Our deepest sympathies continue to go out to the families of those loved ones who are among the 346 souls lost in these crashes. Since the Ethiopian Airlines crash, the committee has heard from many whistleblowers at the faa, at boeing and in the Aviation Industry. It i
Good morning. Today the committee convenes for a hearing on the federal Aviation Administrations oversight of aircraft certification. I welcome our witnesses, faa administer steve dixon and michael stumo, father of samyo who tragically died and thank them for participating. March 10th marched the oneyear anniversary of the crash of ethiopians flight 382. The aircraft involved in both accidents was the boeing 737 max. Our deepest sympathies continue to go out to the families of those loved ones who are among the 346 souls lost in these crashes. Since the Ethiopian Airlines crash, the committee has heard from many whistleblowers at the faa, at boeing and in the Aviation Industry. It is increasingly clear from our investigation that the faa has a number of Serious Problems to address. My investigation staff has interviewed dozens of witnesses, reviewed many thousands of documents and emails and been diligent in pursuit of these facts. No matter where they lead. However, i must express my
During the hearing, she discussed infrastructure projects, highway and rail safety, investment into the theons ports, and discretionary Grant Programs that address the needs of rural and urban areas. Rep. Price the subcommittee will come to order. Good morning. Im pleased to kick off our subcommittee hearing season for this and other subcommittees by examining the fiscal year 2021 budget request for the department of transportation. Secretary chao, welcome back and thank you for joining us. Glad to have you here. Infrastructure serves as the foundation for our economy and our quality of life. It facilitates the flow of goods and services, connects people to employment and educational opportunities, and plays a significant role in our nations overall welfare. Theres no question our country requires a massive infusion of investment to repair deficient bridges, restore transit systems to a state of good repair, improve our ports, and build new runways for our airports. We must also make f