A shortened session tomorrow and were going to watch this news, whatever it is, as it is halted, currently for news pending comes on the heels of front page story in the times today, which says a couple of different things, one, he was dressed down by the faa chief earlier in the year told not to ask for any favors and says the halt of production of the max in their words is one of most consequential decisions in the companys 103year history. We dont know what this news is, jim, probably wouldnt surprise many people if it involved mull muilenburgs tenure. His top priority has got to be getting along with charming and sharing and being transparent with the regulators. I would have thought that would be Crystal Clear the day of the first crash. How did it reach that juncture shocking one thing he says is dont ask for any favors was he expecting him to ask favors that is not a good situation to be in. Thats just one small way, part of the way, this crisis has been handled for the last yea
Has been the trend we have been watching for quite some time future indicated 44 points by the dow. S p futures by 3. 5 this comes after we saw all three of the major averages sitting at new highs again on friday thats happened a lot recently the dow and the s p 500 up for the last seven of the last eight sessions nasdaq on an eightday winning streak and thats something that youre watching as we kind of rush into the Holiday Season here also look at whats happening in the treasury market. Youll see that right now the ten year looks like it is yielding 1. 91 just below 2 for the ten year we have some news breaking just literally in the past hour now. Report saudi arabia sentencing five people to death for the killing of Washington Post columnist jamal khashoggi, he was murdered of course in that saudi consulate in istanbul just last year by a team of saudi agents saudistate run tv saying three other people were sentenced to prison over the killings and reports say that the investigation
Dennis muilenburg, replacing him will be the former chair, technically chair, will step out of chair, become president and ceo, David Calhoun he becomes president and ceo effective january 13th what was the final straw that broke the camels back in large part, the relationship between boeing and the faa which is completely broken down over the last several months. I learned from sources that this morning David Calhoun called the head of the faa, steve dixon it was a short but amicable phone call in that call calhoun said to dixon boeing welcomes rigorous oversight. He also said boeing wants to be regulated. This is a big change in tone for boeing compared to where it was a few months ago but in terms of whether or not Dennis Muilenburg was not going to be in the job for long, it was expected for some time his tenure would be short. This is our conversation with him in the halls of capitol hill just a couple months ago have there been discussions with the board maybe once this is certif
London. Also on the program australias Prime Minister responds to public criticism and cut short his holiday to face the bushfire crisis to volunteer firefighters battling a blaze near sydney are killed crews are working to contain more than 100 fires fuelling temperatures and high winds. And police in india tackle renewed nationwide protests against its controversial new citizenship people die the rest and more than 4000 to detect. Im sure welcome to the program. Thirties Prime Minister baraks johnson has won the backing of lawmakers for his brags that bill to take britain out of the European Union todays vote comes after the conservative leader secured a big majority in last weeks general election the vote was 358 to 234 largely along party lines the government for and won the election on this issue it had been unable to pass the legislation and the only parliament busy moments when the results of the vote was announced a short while ago. The rise of the right track 358 a nurse on th
Washington. Shes on the north one at the white house. We get to all of you would jerry on this record setting friday, the start with you. What a day and a week, what a month. So much better than last year this time. You are never what happened coming into this we had a major selloff, not this time. It is him melt up, not a meltdown. The now finishing up 70 points in the s p 15 as you see the nasdaq on pace for its seventh Straight Record close for the week. The dow and s p 500 nasdaq, up more than 1. 2 percent. The kids just keep on coming and ill have to tell you the traders down here tell me that if will continue for a while. They dont see any major selloffs in the last week of the year. Not christmas week, not the week after that. I want to talk a little bit about alphabet here. Ceo, awarded a 242 milliondollar pay package and this would be over the next three years and if he is all of his performance targets, as well as a 2 million annual salary beginning in 2020, he said this frid