Are grounding boeing 787 dreamliner jets while the batteries are being investigated. Shares of boeing are down once again this morning on this news. In fact, at this point, the premarket is down by almost 3 . Phil lebeau will join us live from ohare in just a moment. Also today, a number of names to watch before the opening bell, including citigroup, blackrock and united health. As always, we will bring you these numbers as soon as they hit the tape. We have weekly jobless claims, Housing Starts and the Philadelphia Fed survey. Claims are expected to dip to 368,000 from 371,000. Housing starts are seen rising to 890,000 to 861,000. Andrew, we have a lot of things keeping us busy today. We do. Thank you, becky. In the meantime, lets turn back to boeing. Cnbcs phil lebeau is at ohare this morning with more. Good morning, phil. Good morning, andrew. Were here at the international because this is where the last dreamliner in the United States landed last night. Well talk about that in just a bit. First, lets talk more about this fa adirective, essentially grounding all 787 dreamliners. This directive issued yesterday afternoon. It covers technically just usair lines flying the dream liner and usair space. But in reality, all other Civil Aviation authorities around the world follow what the faa does. Thats why we see europe, india, japan all agreeing to ground the 787 in those countries, as well. The reason for this grounding, they want to ensure that the batteries in the dreamliners are safe. This was prompted by the faa looking at the Emergency Landing in japan just a couple of days ago. That was a second understand with the lithium ion batteries on a dream liner. Faa says that a a battery released electrolytes. These conditions could result in damage to Critical Damage in structures and the potential for fire in the electrical department. Theres the directive grounding the dreamliner at least for the foreseeable futures. Meanwhile, lock airline out of poland flew the last 787 into ohare last night. They had a big festivity canceled here at ohare. They had to cancel it. You can see the frustration with a lot of executives once they got into chicago. We think its inappropriate to go any further with it. Who made the call . Please, this is unfortunate and not the time for a press conference right now. We dont have a lot of information at this point. Its brand you this. Who made the call to call things off . Was it you . Was it the city . Theres a number of stakeholders involved. And as you take a look at shares of boeing, we go all the way back to last week, the beginning of the last week, thats when there was the battery fire on the Japan Airlines 787, but with part at bostons logan airport. Through yesterday, guys, shares of boeing down a little more than 4 . Premarket, though, we see it indicating its down another 4 today. The bottom line is this, the big question for boeing and the faa, how quickly can they fix the dream liner . Is this something they can resolve perhaps in the next week to ten days . There has been a number of suggestions that they believe they can come to a fix that quick. If thats the case, andrew, because they can get by this rather quickly. But the longer this on drags out, the more this becomes a problem for boeing, also, will they have to make and changes to the production process . Thats the key for boeing. If they have to slow down that process, thats going to be where the investors start to take out their frustration on boeing. Thanks for that, phil. Let me take it one step further. If im an airline that has these airplanes on order and i no longer want these airplanes, i put down a deposit. Do i get my deposit back . How does it work . Its all negotiable, andrew. And thats how it always is in the airline business. For the most part, youre going to get most of that money back if you want to cancel your order. But look at it from this perspective. Lets say you are expecting to get airbus i mean dream liner number 150. Theyre right now building number 100 in the factory in everett. Do you get out of line for a plane youre supposed to get in a couple of years and then go over to airbus because youre further back in the line there . No. Youre pretty much locked into your position where you are. What youre more likely to do is go to boeing and say weve faced delays once getting this thing built. Now were facing further delays potentially . Lets talk money. Lets talk about how were going to bring down the price were paying for that dream liner. Yeah. Phil, are there new orders coming in at this point . No, becky, but thats primarily been driven by the fact that the backlog right now is 798 planes. So if you were to get in line with becky quick airlines, youre not getting an airplane until 2020. And so you were already in the back of the line and the you were stepping back and saying do i want to go with this or do i want to go with something from the a350 airbus. Phil, i know youre not an engineer, but youre our engineer on squawk. What kind of fix is on hand here . What are they talking about in terms of what they would need to do over the next ten days if that timeline is realistic . The question is, andrew, how do you regulate the power going into these lithium ion batteries. And what is clear to me is you have to regulation the power going in and out. They have done flight testing galore to make sure they can regulate the power. But tleerl something has gone wrong. Also, with you make sure that if a battery fails, it fails and thats the end of it and theres not a fire potential. If it fails, thats one thing. If it fails but it prompts a fire, thats the concern for the faa and other Civil Aviation authorities. But you figure for a power system, the failure of the battery wouldnt mean that you would lose some type of aviation controls. There must be redundancies for that, too, correct . Absolutely. Youve got sex generators on these planes. Lets say you lose power in one particular area. The redurntsy can deny flying, continue providing the electricity, the power, the different systems on board. The issue is if one battery were to go down, how dow make sure that it doesnt start the fire . With lithium ion batteries, that flamebility possibility, thats the concern. It seems like there would be a way to monitor the temperature very closely so you would know if it got anywhere near. Listen, joe, they have intesh cooling agents built into these batteries, into the design. Theres a directive from the faa. So this is not something new. Theyve known about this for some time. The issue is why has it failed in these cases and is it a design flaw . So if someone cancels on an order, would boeing have to tell us or would the airline do they have to say we canceled . Well, they dont have to say that, but we do get the orders from boeing every week, every thursday morning. And usually you will see one or two cancellations. Maybe somebody canceled three planes that they were taking or they ordered three planes. Its the big cancellations that you want to watch. And, phil, united healthcare, the behemoth 55 million market cap managed care company is reporting 1. 20 a share versus expectations of 1. 19. Versus 28. 23 billion was the estimated revenue number and i think it came in above that, 48. 8 vs 28. 23. However, for 2013, the company is forecast iing 525 to 5. 50. They talk about some other port stuff in terms of the medical costs ratio or medical care ratio increase by 80 basis points. And kind of the inverse of a profit margin, so its not good, really, when it comes up, but only 80 basis points in that case. Michael boyd is with us. Hes an aviation expert. Bringing him into the conversation and michael is doing back flips, not trying to use any epifets. You say egg on their face is one thing they call it and that they would be in deep yogurt if this were to continue. Thats in lieu of using some other terms, right, michael . But this is not good for the faa or for boeing. No. And the faa has been with this airplane from the beginning. So if theres suddenly a problem and batteries have to be brought into compliance, well, they were in compliance before. Overall, i understand where the faa is coming from. But they have an issue how did this happen months after this airplane has been flying around the skies . As far as boeing goes, you just heard from phil and others. If this airplane has a problem, it might cost them a lot of money. How would you demonstrate that the batteries are safe and in compliance when youve already i figure youve already done that, so how do you demonstrate better . That is not going to figure up. You have some sort of a simulator that would simulate these. Airplane manufacturers that have a machine that take planes all day long and test it under stress. But for batteries . I dont know. This is such New Territory that is involved. Im just hoping they can find a fix or for this very, very quickly. And you had said before, they have how many hours already on this thing . Tens of thousands. Now, for the u. S. , theres only six of them in the u. S. Fleet, 6,200 eighteen planes. But if you own fl ippon revenue pb thats a lot of revenue going out the door. How do we estimate i know its only six planes in the u. S. , but united, what kind of revenue hits do they take . Very low because they can replace those easily. Its not going to hit them hard in terms of lost traffic ask lost revenue, but down the line, they have a lot on order. So does american. Thats something were going to look at this. If this is going to be a long delay, that 798 backlog might drop quickly. I just wonder, in the notes here you keep asking about the delay and that is we dont know at this point. How would they demonstrate quickly that its safe . What will that take to do that in lets say two weeks, three weeks, a month . Well, what if they find out whats causing this battery is to do a diode or a vacuum tube somewhere that they can replace very quickly and get the battery back to a level of dependability . I think all of nipo airlines, because if this things breaks in cha car ta chikarta, it would be very still. But boeing is in, as i said, some deep kind of yogurt. And guys . Phil. Its important to keep in mind when you talk about these lithium ion batteries, these have been designed specifically for the dreamliner. Youve got to make sure that you have specifications that can be met by these batteries for this airplane. As you guys well know, the specifications are extremely specific. Thats part of the issue, as well. I wonder when we look back on this, michael, so we just dont know whether it becomes the growing pains for introducing a new you know, an Innovative New aircraft or whether we look back and say, wow, that is really the start of something. I still get the feeling they can handle this. I dont know. But i guess we just give the benefit of the doubt to boeing because its our premier exporter in this cup. Is it going to be like a 7847 four years ago where we had major problems and worked it out or is it like a lockheed electra that basically puts the company out of the airplane business . I dont think so. What were the problems . They fixed it and they dealt with it. That was a leap forward, as well. How did that take, michael . Give us a brief history lesson. If i remember, pan am, i think they had to divert to gandur or something. But were talking there it was several months of working through it slowly. And, again, we didnt have the kind of scrutiny we had in 1969 that we had today. We had no internet. Today, a flush lever goes back on the 787, were going to know about it. Theres no way were going to go from week to week without looking at every you know, you see a drop on the runway, youre going to hear about it, im sure. Boeings engineers have something with them in terms of the bargaining table, right, guys . Phil . I agree. Not at all. These are the guys who know the plane better than anybody else and this is a time when theyre already working with the faa, but you really want to be working hand in hand with them. They said theyve made their last best offer to boeing. Well see if thats the case. But boeing needs to get that resolved as soon as at the 747, you were young. I dont remember, though. When they came out, it looks like a plane that couldnt fly. It was too big. It was like a bumblebee. A bumblebee is not supposed to be able to fly, either. But they do fly. You have to get going fast enough. I have to admit, i still think its a minor merkel. When you see a 747 coming in, it looks like its barely moving. Its a wonder. The wonder of engineering. Bring leonardo forward. I dont mean dicaprio. It would bring him to tears. The Protection Bureau is unveiling new rules for mortgage servicers after the cfcb reloosed new regulations on mortgage lending. Good morning. Good morning, andrew. Some of these may sound familiar from last years settlement. But that only covers about half the market. So these rules are designed to protect borrowers from robo signing and other foreclosure revenueses. Service, a is servicesers mouft give time for ending dual tracking. So businesses must notify delinquent borrowers of foreclosure alternatives in writing and provide, quote, easy, ongoing access to a servicing representative to help those borrowers. The servicer cant put its own interest first. During the crisis, some skfrsers foreclosed because it was in their financial interests. Other rules covered basic stuff like clear monthly statements, warnings before Rate Adjustments and easy access to sloan. This hits the rest of the markets, especially. Those whose stocks have been on a tear lately. Depending on how those Specialty Services currently do business, they could take a hit. If youre a good servicer who has been doing sensible things, this will be probably about what youre doing now. Just with a heavier enforcement regime behind it. For servicers who have done a poor job, and many of them have, they will have to change their process and get in line. Cspb will monitor closely and it has the ability to send in auditors. Back to you. Thank you, diandiana. What kind of penalty do you get if you dont follow the law . Monetary, of course. But basically that depends on what the issue is and what you did wrong. Im not going to put any number on anything. But it depends on what you do. But theyre going to go after you. I asked richard core dra cordri they were going to do and he said they would be aggressive, they would look at the books. When we come back, we will have more on the latest developments on the International Hostage crisis in nigeria. There were reports this morning that some workers have skapd. [ male announcer ] how do you turn an entrepreneurs dream. Into a scooter that talks to the cloud . Or turn 30million artifacts. Into a hightech masterpiece . Whatever your business challenge, dell has the technology and services to help you solve it. Welcome back to squawk box. S p 500 off marginally. The dow would he 16 points lower. Some of the hostages being held at a natural gas field in algeria have escaped. Algerian tv says 15 foreign hostages have made it out, including two french. Another report says 30 algerian workers escaped. As many as 41 workers were seized. Algerias government were in talks overnight about whether International Forces could help against the militants. When we come back, find out if your employer made the cut of the best employers to work for. Before that, take a look at yesterdays winners and losers. [ male announcer ] some day, your life will flash before your eyes. Make it worth watching. The new 2013 lexus ls. An entirely new pursuit. I have low testosterone. There, i said it. How did i know . Well, i didnt really. See, i figured low testosterone would decrease my sex drive. But when i started losing energy and became moody. Thats when i had an honest conversation with my doctor. We discussed all the symptoms. Then he gave me some blood tests. Showed it was low t. Thats it. It was a number not just me. [ male announcer ] today, men with low t have androgel 1. 62 testosterone gel . The 1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. Women and children should avoid contact with application sites. Discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. Men with Breast Cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. Serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing during sleep, and blood clots in the legs. Tell your doctor about your medical conditions and medications, especially insulin, corticosteroids, or medicines to decrease blood clotting. So. What do men do when a numbers too low . Turn it up [ male announcer ] in a clinical study, over 80 of treated men had their t levels restored to normal. Talk to your doctor about all your symptoms. Get the blood tests. Change your number. Turn it up. Androgel 1. 62 . Welcome back to squawk box, everyone. Fortune is unveiling its top 100 companies to work for. Joining us is Leigh Gallagher. Leigh, this is a list that we know the tech names tend to be at the top. This year, its the same, number one, google. Google is number one this year. It was number one last year and the year before. It is a perennial on our list. Theyre not resting on their laurels. Theyre not. But it is really, really tough out there in silicone valley. But to get and to hang on to engineers, is these Tech Companies biggest challenge. The competition for perks is crazy. What do they have thats new . Google has everything, free food everywhere, wifi and free enabled shuttles. They have a morbid but wonderful benefit. If someones partner or spouse dies, the surviving partner gets ten years of 50 of salary. You dont have to have been there for a certain amount of time. But the big thing theyve done is a big seven acre sports complex, which is massive. They have horseshoe pits, volleyball courts, pools, basketball, everything. Anything to keep you on campus and keep you happy . Anything. Exactly. Number two is a technology suspect. Sas . Yes. Sas is a privately Held Software Company in carey, north carol a carolina. Their campus is astro namicly perk filled. Where google has all the perks, this company has basically formed a city where the employees dont need to leave. They have intermural sports syst