boeing announced it will pay $100 million to the families of the two 737 max jet crashes in ethiopia and indonesia. joining us now they lost their daughter sandrea in the ethiopia airlines crash in march. i want to thank you both for joining us on new day. i can t imagine what you ve been going through these past few months. but i want to get your take where things stand right now with boeing putting forward this $100 million to the victims. our prayers go out to all the families of the lost ones. i understand you said the $100 million boeing is offering is nothing but a publicity stunt. why? so first off this is 89 of the victims of the boeing crash
plus, did kim jong-un execute one of his top negotiators over the failed summits with primp and sentence another one to hard labor in the u.s. is looking into it. and in the wake of two deadly 737 boeing max 8 jet crashes the president s threat to slap new tariffs on goods imported from mexico is also rattling wall street as we can see right now looking at the dow. it s down nearly 300 points at this moment in time, and the president says that he ll impose new tariffs if mexico doesn t stem the flow of migrants into the u.s. the tariffs would begin at 5% starting in june and then they would go up each month to 25% by october. our chief business correspondent christine romans has been following this, and she explains how new tariffs could affect the
federal aviation administration. an industry analyst is warning against playing the blame game. i think the big danger here is everyone blames the faa, even though there s no investigation findings yet and, most importantly, the most likely logical thing is that the faa was nearly under resourced, which has been a continuing mantra. reporter: the hearing will be the start of congressional oversight regarding boeing 737 max jet crashes. dana: mike, what do you know about the indonesia airline canceling its order of the planes? reporter: yeah. price tag about $5 billion. an airline spokes person saying, quote, passengers always ask what type of plane they will fly, as they have lost trust in the max 8 jet. this would harm our business, adding we don t want to use mack jets but maybe we ll consider switching it with another boeing model of plane. this week the boeing ceo said the company is working to rebuild confidence.
the second one is the plane. the third is the corporation. in this case, they got the evidence together and the faa says yes, we re going to ground these planes. as it turns out, the united states was the last in the world to do this. so now all 737 maxes are on the ground. think of what this is going to do to boeing, the company. think of the effect that this is going to have on travel around the world. we ll get the details on what is happening on both of those fronts and information for you about if you have a flight booked on one of the two airlines that flies these jets, that would be american and southwest, what you could and should do and in addition what the risks are and how all of this could have happened. the new decision from the faa based on two jet crashes as our coverage continues on this wednesday afternoon. car. it turns out, they want me to start next month. she can stay with you to finish her senior year. things will be tight but, we can make this work.
an air force jet crashes in texas overnight killing one pilot, sending another to the hospital. we have the latest on the investigation there. good morning, everyone, and welcome to early start. i m christine romans. good morning, everyone. i m dave briggs. wednesday, november 14th, 4:00 a.m. in the east, 1. cla in california. that s 1:00 a.m. in california. that s where we begin. the wildfire threat may be widening this hour. 48 fatalities have occurred in northern california where six more victims of the camp fire were found tuesday. officials are compiling a list of the missing, though they are reluctant to estimate how many people that might be. in southern california, a brand-new wildfire is burning east of los angeles county in san bernardino county. it is being called the sierra fire. it is approximately 20 acres in size now with high winds, high winds fanning the flames. no evacuations ordered at this time.