Liner for more than three months . A japanese paper out reporting cold winter temperatures were a factor in the meltdown of the lithium ion batteries which caused at least one of the boeing 737 dream liners to make an Emergency Landing in japan. Meantime, in alternatings news out of japan, it was a big quarter for toyota has the highlander is hot. Toyota posted a better than expected 3. 4 increase in quarterly profits and the automaker raising the outlook for the year. Can we move back to the battery . The battery thing, people dont have battery hybrid cars and things like that in cold places simple will ily because of the weather. Batteries dont do well in cold. Thats the whole thing. We had a guy the guy from toyota who lives in michigan who wont have a hybrid car in michigan because its too cold for the battery to actually do its thing. I would think this the plane is going its freezing up there every day. Im not a is that good news for boeing . Does it signal simply just a battery
Some 93 minutes ago. Malaysia Airlines Says it lost contact with the plane over Ukrainian Air space. Sue is out today. Kayla is at the new york stock exchange. Hi, kayla. Hi, tyler. Good morning to you. We have Live Team Coverage of this story beginning at the top of this hour. We start with chief International Correspondent Michelle Carusocabrera. Michelle, we want to get to the latest from you, but nbc news is reporting that u. S. Commercial flights have been prohibit from flying in that air space for fear Something Like this could happen. The faa apparently issued a notice in april about this. What else do we know about this region and what some of the response has been . That notice was specifically about the crimea region. They were concerned about that. Two new things to show and tell you as well. Well show you some photos that reuters has sent over, but they have taken them directly from russian 24. This is a network in russia. It appeared to show photos of debris of the plane o
209,000 job in july. We will debate whether the job creation this makes i believe the sixth months in a row of above 200,000 being added to the economy. What it might mean for fed policy. First lets check in at a very busy New York Stock Exchange with sue herera. Absolutely. It really is the big story today. This hour the markets. Just told you the dow was down. It was worst. Down 89s points. Also getting the hit, the nasdaq, down just under a full once again, the nasdaq down 34. S p 500 down the russell 2000 down almost a . Now, in terms of. Gold market, were up. Remember yesterday we were down about 13 bucks, we basically gained it all back. Crude oil is down 91 cents, and the yield on the tenyear note broke below the 2. 5 mark. For the european markets, it was another very bad day. We have the ftse over in london, the dax, and the French Market as well. Well start here with impossible. Hello. It a little disappointment. Its not been able to stick. We did rally a bit going into the o
If it holds. It could lead to a rally of sorts, and thats exactly whats happened here in the last hour here. We have a sense this was coming from the european session. You would have gone through the news flow about aid for Banco Espirito, some of the geopolitical stuff thats extremely troubling. Things would look different today. Not the case. Even oils struggling to catch a bid. Investors are awaiting a key Earnings Report from aig, due out in about an hour. It has a new ceo coming in less than a month and is trading at idiscount to peers. The numbers could definitely move the stock. Well have the information first and your analysis right away. All right, also, the president taking more shots at some of his favorite targets, namely wealthy businesspeople. I mean, if youve been watching television today, you know what he said. If you havent, then you will hear more of those comments where he told ceos essentially to stop complaining. Plus, well take a closer look at the president s re
Because of earnings which for the most part have been trick. They arent getting weaker because of the fed or Interest Rates. They should be going up instead of going down. No, stocks are being clobbered because russia might be ready to invade the ukraine and the west doesnt have a clue about what to do about it. Thats why the dow tumbled 140 points. Plunged. 97 . I kept telling you that people are getting everything wrong ever since ukraines government changed hands and russia decided to stake its claim on key parts of the country. Weve got more since the downing of mh17. Theres a ton of confusion out there, like misdirection plays on a football field so i want to deal with them head on. In order to explain why most commentators are blind to the Russia Ukraine standoff. First, sadly unfortunately weve been conditioned to believe that all stocks involve around the fed and Interest Rates. We look for moves in rates before they occur. We ascribe magical powers to the federal reserve. Whil