Comes out tomorrow. Again motors revealing the fourday strike will cost them 3 billion, closing up 4 . Connell fox Business Team coverage. Our top stories, Edward Lawrence live at the white house. Gerri willis on the floor of the New York Stock Exchange and Grady Trimble on capitol hill. That is where boeings ceo has been facing tough questions from lawmakers. Gerri, on the markets. First to you. Reporter start on the news. J j shares were halted for trading. Mysterious what was going on. We found out what was owing going on. The company tested baby powder, two skip separate companies tested their baby powder. Two previous bottles tested found no asbestos. Closed at 129. 12. It closed and did not reopen for the stock market. There were maybe a dozen traders standing over there waiting to find out what was going on with j j. They got their answer. Should be good news for the stock tomorrow. Additionally, 60 tested recall lots, conducted by two Third Party Labs finding no asbestos. 129. 12 was finishing price at 3 34. Well see what happens tomorrow morning. The dow finishing down 19 point today, turning negative in the final moments here, about 1 away from the alltime highs. The s p 500 down 2. 55. We had been expecting the to possibly s p 500 would set a new high. It did not. All right. Lets talk about individual earnings report. That is the thing all the traders are focused on. We had merck and pfizer today, strong results in health care continuing. And s p 500 winners, lam, klh, chipotle, advanced micro devices. Lots of Chip Companies there and i will send it back to you. Connell gerri, covering a lot of ground. In the hot seat, boeing Ceo Dennis Muilenberg testifying before the Senate Transportation committee a year to the day after two fatal crashes involving the boeing 737 max. Grady trimble live on capitol hill with the latest. Reporter lawmakers grilled muilenberg for two half hours questioning whether boeing was a little too cozy with faa regulators as many critics said. They questioned whether boeing put profits over safety in a rush to get the 737 max certified that was involved in two crashes t has been grounded since the second one in march. Muilenberg admitted the company made mistakes. There was a problem with the Flight Control system largely to blame in both those crashes. Families of the victims, they looked on here in the hearing room, Holding Photos of loved ones. Theyre not satisfied with muilenbergs answers or his apology today. I dont care for mr. Muilenbergs remarks. I dont know what he feels inside. I get my solace from my friends and family, not from the people who caused the death of my sister. These loved ones never had a chance. They were in flying coffins. I would walk before i get on a 737 max. Reporter muilenberg told lawmakers that the 737 max is getting in final stages of getting recertified. It has to do a critical faa certification flight. As one lawmaker put it, as you heard, i would walk as opposed to getting back in one of the planes. Family members, connell, have some reservations. Boeing will have convince the public it is safe to get back on the plane. Connell Grady Trimble on cap capitol hill. Cheryl here is react, aviation expert, kathleen banks. A flying coffin, that is one of the things we heard. That is extreme statement from member of congress. One person from fox business said in the last hour this could be a criminal act what boeing has done, how they handled this plane. What did you say . I heard former ntsb chairman jim halls thoughts today. I have to say i agree with him. It got pretty dramatic today. It was expected, held on the oneyear anniversary of the lion air crash with Family Members present sitting behind ceo muilenberg from boeing and his chief engineer hamilton. Very dramatic scenario, what everybody wanted to know, people in the industry were waiting to hear, would they answer the question, and the question really was not were they culpable. They have admitted that, but where did things go wrong . Where was mcas in the company . Did they decide to let it go off a single sensor point of failure . Who were the people in the chain of command. None of that was answered today. We got very, very few specifics. I hope we get more specifics tomorrow when theyre in front of the house. Cheryl kathleen i talked to pilots who fly the max, who did fly the max when it was in the air. They do really fault the mcas system. The fact that boeing put that system in, software up grade. They had to do it because the way they redesigned the engines and the wings of the max. They didnt really educate pilots or really give a heads up, talking about southwest, american, in particular, that the system was even in place. That to me seems a big fault on boeing and the faa to be fair . Well, that is the part that goes beyond the pale. Even brazilian regulators, they were keen enough, they saw the mcas system and had their pilots understand it. Pilots i spoke to in the industry were disappointed by todays presentation. They will have to be ones that determine the airplane is safe. They have to convince passengers and airlines to operate it. I feel they think that boeing can make this happen but who is the leadership we want to take us into the next decade with boeing, fixing this max problem . Has muilenberg really earned the respect and the trust right now and the confidence of the flying public and of the regulators to actually move forward and get this max air born . Back in march after the second crash, they said it would be a matter of weeks. Here we are six, seven months later, looking right now, according to Southwest Airlines and american airlines, they dont have any plans to possibly have the maxfliing once it gets approved even before february. There is still a lot to be answered. I think todays performance was a little lackluster and defensive. I applaud ted cruz, chair of aviation subcommittee, for taking him on with tough questions specially internal memos between technical and pilots. Cheryl not a lot of time left. In your expert condition should boeing ditch the 737 max . The boeing 737800 never had problems. Should they get rid of that plane . This is too late to do. This is what they developed and thousands of orders now, they need to fix what was wrong. Its a little late in the game, to scrap the program and start from scratch. Cheryl kathleen. Great commentary. Thanks for joining us. Really appreciate it. Connell preparing to take it public. In the last hour House Democrats unveiled the text of the resolution that outlines essentially the impeachment inquiry already underway. To fox businesss Edward Lawrence at the white house with the latest on that. Edward . Reporter connell, i have the text right here. This is the resolution and in this resolution it allows President Donald Trump to participate in the proceedings as well as the president s counsel to participate in the proceedings. Now also today the big four committees on capitol hill, were talking about intelligence, judiciary, Foreign Affairs and oversight on the house side, say they will open impeachment inquiries related to this, but also, looking at a vote for about thursday, about this resolution. That vote will put democrats on record. Voters will have names who supports this impeachment process going forward. Here at the white house the president also looking forward to saying that the phase one deal with china is maybe ahead of schedule getting on paper, finalized in two weeks, before the apex summit. Some reporting says he wants to sign it at the summit. Other reporting saying it will be signed after. My sources are telling me the white house is a little bit shy about saying a date because of what happened last may, when the president or when the u. S. Thought they had a deal related to china, this trade deal. Then the chinese deleted everything, all the concessions that were in the deal, sort of walked away from it. That is when things broke down. White house advisor Jared Kushner speaking in saudi arabia says this, quote, we have come to an understanding with china on where we want to head, adding that the u. S. Has an honest dialogue with the chinese. They saw President Donald Trump was serious. The chinese today saying that theyre making moves on that front. They will protect intellectual property, tripling damages for companies on the intellectual property. Also adding more avenues for dispute resolution as well as speeding up the process to get patents and trademarks. On capitol hill republicans are blaming democrats for hindering the president in the trade negotiating process. In a few days from now well finish the talks with china, number three trader. Would we not be stronger in those negotiations if we had the usmca done . The only person that is holding that up is the speaker. Reporter now no vote has been made or no vote has been scheduled on usmca ratification. Republicans are blaming democrats for being too focused on the impeachment and the resolution right here, rather than trying to get usmca passed. Back to you. Connell Edward Lawrence with the news live from the north lawn. Cheryl we have breaking news from fox business. Were learning that the Uk Parliament rejected an amendment to Boris Johnsons early election bill that would set the date of the next British Election to monday, december 9th, instead of thursday december 12th. There is debate that johnson prefers. That is back and forth to those meaningful following brexit. A key part of the prime ministers strategy to get brexit in the finish line. Lawmakers are voting on the main motion of holding a snap election on december 12th. Well get that breaking news to you. Connell now it is about a date, not whether there is an election. Cheryl it matters in the weeds of election. Connell a shift in the game, ncaa taking steps to allow College Athletes to profit from their names. Critics warning of legal hurdles ahead. Are they right . Well talk to the judge, judge andrew napolitano, fox news senior judicial analyst later in the hour. Cheryl uncertainty on voicing s about the upcoming race. Why the political doubts are justified. 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Here are headlines that we saw today, kind of competing headlines. From bloomberg, a report of a possible third or fourth place finish for joe biden in iowa. Humiliating it would be, they say. Axios are worried about a complete wipe out in 2020. A nightmare scenario where they would lose congress, senate and white house. Well look at biden first. Well spend time on republicans are saying what youre hearing from them. How important, the biden argument i think has been, just let me make it to south carolina, i will be okay. But if he finishes behind warren and mayor pete or somebody else in iowa, how much trouble is he really in . Certain candidates over the years, remember Rudy Giuliani when he ran for president , when they develop a strategy that is hinging on success after the first round of connell that was a little crazy. Mr. Giuliani is waiting in florida. Maybe that is unfair to joe biden here but the point a strategy premised on, im going to lose early rounds and come back later, tends to be extremely difficult to pull off because obviously the winners in iowa, then New Hampshire, you had a lot of attention. They get a lot of people tuning in at that point. Interested in the message. A lot of momentum, fundraising, excitement, et cetera. Connell right. Generally is concerns, with biden, metrics, enthusiasm, funding, fundraising, he seems to be underperforming. While he is behind in New Hampshire and iowa in polls, nationally he is still a democratic frontrunner. Connell yes. I would say in the debates while he is delivering maybe less than optimal he raised questions that his opponents havent been able to answer yet, how will you pay for entirely governmentrun health care, and how will you kick all the peel off private insurance . Connell you made that point last week about the polling. For all the stories about biden in trouble, even iowa not polling horribly. Well see if the two ever catch up or he keeps the lead despite all issues. On republican side, axios story says privately at least, i dont know if youre seeing same thing, republicans are starting to think about a complete wipeout that they would lose the white house they dont and lose senate. Senate seems like a stretch. What do you think . I think, sometimes people look at house retirements by some gop congressman, they think this is sort of forecast of doom for the party. It may be that they just dont see republicans gaining majority in the house next year, not that they think there is necessarily going to be a flood that takes out the Senate Majority too. I think a lot of it, as weve been discussing, depends on who the frontrunner is, what that package of issues is. For example, as we look at the senate, republicans hold a threeseat majority. One of the big targets for democrats is arizona. You look at emerson poll, arizonans are not big on impeachment, theyre not big on entirely governmentrun health care. So if the democratic strategy to pick up states that, that may have gone another way in the last round, if the message from the person at the top of the ticket, if its a sanders or warren, they have that more extreme message, i think that task becomes very hard. Connell that is argument for joe biden. Yeah it is. Connell interesting. The president ial polling do you think it matters yet or do we have to wait for a true headtohead matchup, not a hypothetical scene as pollsters do if trump versus biden or trump versus warren . Does it have to be true headtohead before they matter . Trump breaks the rules in terms of polling. When he won in 2016 he was not particularly popular with people. He was deemed better than the alternative. I think that is the situation were coming into again where his polls, for normal politician are not that good. He had worse during his presidency. Theyre a little worse now than a few months ago, but it really comes down to the opponent and defining that opponent. I think for that reason you see a lot of, certainly investors thinking he probably gets reelected because it looks like the alternative will be someone sort of posing a huge challenge to markets in general, not just trump policies. Connell that is one way of putting it, a huge challenge to markets. That is what thinking has been certainly about senator warren. James well keep talking about it. Thanks as always. Chairman. Cheryl speaking of markets, a fox business alert. It is a doozy, folks. Mattel, the stock is up more than 17 afterhours. Surprise quarterly revenue on demand for barbie dolls as well as launch of a line of dolls based on a korean pop band. Analysts were expecting to drop that the would freeze runup to frozen two. They announce the ceo would be resigning a audit completing and there was little bit after income tax issue in 2017. Cfo will leave the premise the next six months. That has investors seemingly excited. Connell look at that. 18 . Meantime the wildfires, boy they continue to rage out in california. The governor declared a state of emergency. Were on the ground there with the latest. That is coming up through the hour. A raging fire in a suburban, new jersey town leaves a quiet neighborhood in shock. What happened there . Well have details coming up next. Delivery drones, or the latest phones. No commission. No matter what you trade, at fidelity youll pay no commission for online u. S. Equity trades. At fidelity youll pay no commission Liberty Mutual customizes your car insurance, hmm. Exactly. So you only pay for what you need. Nice. But, uh. Whats up with your. Partner . Not again. Limu thats your reflection. Only pay for what you need. 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