Have a great day. Power lunch starts now. Halftime is over. Second half of trading day begins now. Thanks. Our top three stories have a common theme and it is fear. First up the fear of flying after boeing runs into even more trouble with the dreamliner. Then there is fear of the flu. It is spreading coasttocoast like well, like the flu. But since were cnbc, we have found ways to profit. The fear of earning season. Alcoa kicks it all off later today right after the bell. Meantime lets get things started with sue at the nyse. Breaking news, theres another problem with boeing 787. Phil lebeau live in chicago. Reporter take you to boston. At the airport reports of responding to a fuel leak of a Japan Airlines flight that was scheduled to take off from boston to tokyo. As we take a look at shares of boeing, lets point out we have not confirmed this is a 787 dreamliner but thats the type of aircraft flying between boston and tokyo for Japan Airlines. Again, this would be a fuel leak with an
Melissa your fault, washington, 70 of americans say the leaders are hurting the nation. You know, 77 of americans saw their taxes go up this month as well, even as calls grow louder for more tax hikes. Lori live tv on your smart phone, and how they plan to be number one. Liz claman live in the Consumer Electronics show in las vegas with the ceo of dish, joe clayton. Busy hour. Lets get where the markets hour on the floor of the New York Stock Exchange with nicole watching narcotics as we kick off watching the narcotics as we kick off earning season. The dough dow is to the downside, down 85 points now. Boeing down 3 , caterpillar, verizon weighing on the Dow Jones Industrials. Awaiting on alcoa to be the first to report the earning season, and, affect, so many names we are watching closely, however, right now, we are certainly right near the lows of the day, and the nasdaq down after a percent like the s p 500. I want to take a look at the retailer, sears, in particular, which we tack
Is because it is being over faced. Melissa all right. Thats all the money we have for you today. We will see you back here tomorrow. Here is the willis report. Gerri hello, everybody. Im gerri willis. This is the things we get. Bailed out insurance giant aig now considering suing the federal government after it received a 182 billion taxpayer bailout, just a few years ago. Why . Well, it claims shareholders were cheated. Fox business Liz Macdonald joins me with the inside scoop. Reporter you know, the inside scoop is that basically this has d. C. Reacting big time. We have congress saying, wait a second. You guys got a big taxpayer bailout. Nell you guys are basically the Poster Company for corporate greed. Now youre the Poster Company for corporate heads but, and actually, it was a letter sent to the board and ceo of aig that said, dont even think about it from the congressman. Gerri they dont like that. Did not like that. And for this to be going on, it has really gotten d. C. In an
Consider oreilly. I will see you tomorrow. Gerri hello, everybody. Im gerri willis. This is the things we get. Bailed out insurance giant aig now considering suing the federal government after it received a 182 billion taxpayer bailout, just a few years ago. Why . Well, it claims shareholders were cheated. Fox business Liz Macdonald joins me with the inside scoop. Reporter you know, the inside scoop is that basically this has d. C. Reacting big time. We have congress saying, wait a second. You guys got a big taxpayer bailout. Nell you guys are basically the Poster Company for corporate greed. Now youre the Poster Company for corporate heads but, and actually, it was a letter sent to the board and ceo of aig that said, dont even think about it from the congressman. Gerri they dont like that. Did not like that. And for this to be going on, it has really gotten d. C. In an uproar. The white house is weighing in saying it defends the aig bailout. We have a life jicama and skied democrat sa
Down on pro democracy demonstrations at tinanment square in beijing. Krispy kreme loses its bite with investors. Shares fell more than 10 after the close. The donut maker reported a 20 increase in profits but lowered its earnings forcast for the year. And christmas in june . The consumerist was first to point out hobby lobby is already selling candy canes and ornaments. Trader daniel steicicha of athena Advisor Services joins us now. This market has been a big gift to investors, lets take a look at todays market action. Is the stock market likely to stay in a Holding Pattern ahead of the ecb announcement and the jobs number coming out on friday . I think the answer is yes, but its more weighted to the jobs number on friday than the ecb announcement even if the ecb didnt do anything i dont think that will have a drastic affect, however employment and later in the week thats going to be a biggie. Alright we had this big ism snafu to talk about yesterday, a number came out and then a corr