Score lately what one new study is saying about the American Household and it may be good news for you on this monday, october 19th. This is Worldwide Exchange. Good morning, good afternoon, good evening, im Brian Sullivan thanks for joining us to kick off your week. Heres how things are looking to start this new week. Futures are solidly higher dow futures up about 135 points. Its a big autumn so far the nasdaq and nasdaq 100 coming off the fourth straight winning week both now up around 4 since the beginning of october small caps, they continue to shine. The russell 2000 up more than 8 on optimism for more stimulus as well as hope for a domestic economy rebound. Check this stat of the day out in the s p 500, 60 stocks are up more than 10 this month the best of the best is tapestry, tpr, the old coach retailer on the more macro front, another huge day for speakers from the federal reserve. Chairman Jerome Powell will make remarks along with three other fed speakers actually five other
Pressures for boeing, downgrades at Credit Suisse and ubs renewed congressional scrutiny, shares tumbling 10 on the past week. Opioids on trial in ohio for Drug Companies reaching a last minute settlement ahead of a landmark First Federal opioid case. And Mark Zuckerberg speaking out, why the facebook ceo tells nbc news it is more important to be understood than it is to be liked. Shares of boeing under pressure, having its worst day in more than 2 1 2 years, losing almost 7 friday. As we said, Credit Suisse and ubs cut the stock to neutral from buy today boeing under scrutiny following the revelations of the emails from 2016, which called into question the safety of the 737 max jets Flight Control system. The board met over the weekend, expressed regret over the message, continuing to investigate. Dennis muilenburg is scheduled to testify at house transportation next week reuters suggested this Board Meeting in texas may consider things like job cuts and some other kinds of trimmings
Reauthorized many of the administrations responsible for ensuring the safety of surface Transportation System including fm csa, and its a and h tsa, our witnesses can discuss the implementation. And identify issues the committee should consider as we prepare for transportation reauthorization. That place a greater focus on the nations Freight Network including establishing infragrant program. Others like tiger grants are critical to our nations transportation infrastructure. I hope the witnesses will provide the country with an update on efforts to improve our infrastructure and how grants are being utilized. The Hummus Committee considers reauthorizing fast act i plan to work closely with Ranking Member cantwell and others on both sides of the aisle too, to authorize the build discretionary grants, reauthorize amtrak, continue to enhance freight and Passenger Rail network, innovative Transportation Technologies across modes, coordinated research, develop and and deployments, advance H
Test. Test. Tom udall. Todd young. Captioning performed by vitac thats a really good question. Im glad you asked it. When something does become mandatory, it must have a very consistent repeatable Test Procedure and what we find is when a technology is new, for instance, a certain kind of alert or blind spot detection, we learn a lot from the fact there are a little bit of a difference in different folks that are adopting it or different manufacturers who are designing different systems. Thats a time of learning and then if it seems appropriate to adopt it as a mandatory standard, we can then identify which of them is best. So that is one of the reasons why when a technology is first introduced we allow some Consumer Experience and some innovation before a mandate you couldnt just make it mandatory and give them the flexibility to do it however makes sense while youre testing this. Under the laws that we execute we actually have to be to have a consistent Test Procedure. So we cant say
And ceo of the association of american railroads. Jim cb, commissioner of the southwest chief and Front Range Passenger Rail commission, and jennifer homendy, Member National Transportation Safety board. I continue to be a strong supporter of our real industry both freight and passenger. Rail service is safe and efficient. It also reduces congestion on our highways and spurs economic growth. In mississippi, for example, we have 26 Freight Railroads, 2,400 miles of track, five of the seven class ones, two longdistance amtrak routes, 10 stations, and more than 100,000 annual riders. Rail is vital to mississippi. I have been a tireless advocate for the restoration of the gulf coast Passenger Service, which was suspended in 2005 after hurricane katrina. With funding support from dot, amtrak, and the states, i am pleased to report that mississippi, louisiana, and alabama are likely once again to have this amtrak route and that will give mississippi a third amtrak route. Restoration of this