Despite the Global Pandemic and 2 fatal accidents boeing is now testifying its 737 max jetliners the federal Aviation Administration is working to help certify boeings new was plane that reportedly has made improvements since its last crash so what does this mean for the companys revenue stream r t correspondent natasha sweet is in los angeles at the International Airport with more the f. A. A. Is indeed ready to fly the ball we max 737. 00 confirming those test flights could begin as early as today and now were seeing the market response in their favor some 800 boeing 737 max jets are grounded but according to a routers media reports student wafer along in an email to congress the f. A. A. Said its type inspect. An Authorization Board completed its review clearing the way for flight sort of occasion testing to begin which the email says could start as early as monday in response boeing shares are on the move their stock is up again as much as 11 percent in todays trading experts say i
Patagonia, rei and north face. Theyre calling on advertisers to boycott facebook through july for allowing racist, violent and verifiably false content on its platforms. Facebook is taking steps reviewing the policies and commitmented to equality and Racial Justice will this boycott pose a major threat to facebooks futures we always said it doesnt matter unless advertisers start to pull out. Is this the beginning of the trickle becoming a more sizable flow. Its an interesting flow, unless your a part of the free hans solo crowd, some people know what im talking about, i find it fascinating those three Companies Made the list. With that said, i think it is a big deal because its not going to be the end. Its just the beginning. To your point. And weve said when advertisers start to pull away this is the existential risk they face market clearly doesnt clear valuation wise 25 times next years earnings, facebook isnt really that expensive, but this is a exist existential risk in my opinion
Halloween costume and rumor has it, popeyes chicken sandwich is coming back with an extra perk. It is thursday, october 24th. Fbn a. M. Starts right now. I want some more. What are you waiting for. Take a bite of my heart tonight. I want some more. What are you waiting for. Cheryl welcome to fbn a. M. Good morning, im cheryl cheryl. Tracee goo. Tracee cheryl caso. Cheryl today the busiest day for earnings for the entire reporting season. Weve got a slew of numbers coming out. Before the bell well hear from twitter, southwest, American Airlines. The s p is up 2 and three quarters, nasdaq up almost 30. Tracee stocks in asia right now, mixed with the nikkei and hang seng pointing higher. Cheryl taking a look at europe, its been a pretty decent week so far for european markets and theyre watching u. S. Based earnings as well. The ftse, the cac and the dax are all in the green this morning. Tracee Mark Zuckerberg sounding a note of defiance. He was grilled by lawmakers as he defends his pla
Im trish regan. Welcome to the intelligence report. The president is out there selling tax reform in missouri as senators get ready to debate the tax bill in washington. Republicans can only afford to lose two votes on this one but at least seven senators expressed their concerns on the bill. Will they be able to cross the finish line on it . Were asking senator bill cassidy, one of the writers on the tax bill. Plus chilling new details on the north Korean Missile test. We learned that the missile had interest trek yes to hit anywhere in the in the United States trajectory. President trump said the situation will be quote, handled. What does that mean . Major shakeup in the media world. Nbcs matt lauer fired following complaint of inappropriate sexual behavior. We have more on the bombshell allegation and what it means for the today show, a big moneymaker for nbc and comcast. We want to go to jeff flock in missouri where the president is set to deliver a major speech on tax reform. He
We talked to a ceo, all of that ahead on bloomberg west. This is a chinese Search Engine out with secondorder results and i want to get julie hyman, our Senior Market reporter. What are you seeing . Julie well, first of all adjusted earnings essentially for u. S. Share, seven cents short of what analysts had in anticipating. Revenue rose about 38 , coming in right in line with what had been anticipating, and it looks like the company is coming out with a forecast for herquarter sales which is below what analysts four thirdquarter sales, which is below what analysts had been expecting. They say theyre mobile search, 629 million for the month of june itself, and monthly active users up 48 , so i am still looking at the exact margins that you are talking about but those are some of the numbers. In the second quarter, 590,000. We are looking, as well for the investment in sort of a group on site similar to groupon in the United States. We are looking for those numbers, as well. Traffic acq