Close down 257 points. S p fell, nasdaq lost 1. 87 . I think that rally that took peoples breath away was started with short sellers who were covering or closing out the positions. Theyre getting concerned that the Drug Companies working on the drugs that would lessen the lethality of corona may have had success. Fear is more powerful. But this is driven by a justifiable fear coupled with the fear of catching it yourself its threatening to bring commerce to a full stop. Aside from the pallets of purell passing through the portals of the shaky retail establishments. We got through a roller coaster of a week marked by the emergence of terrifying sector markets. Oil and gas, you know i hate the stocks wow. Justified, travel and leisure, retail, some better than others. Andthe hideous financials, all which are worrisome because the borrowers are numerous in the sectors and are so good they can hurt lenders this market is longp standing gains with breathtaking speed. But those moves pale in
Those deadly the 2 deadly crashes but let me show you what some of these people wrote one employee wrote this airplane is designed by clowns who in turn are supervised by monkeys now another colleague would you put your family on a mac Simulator Training aircraft i wouldnt another employee wrote an email with subject line flight transition cost and really stressing the importance of holding firm that there would not be any type of Simulator Training that was required when transitioning from the 737 and the 800 to the max but again these documents essentially confirm that employees were concerned over limited training for these airlines upgrading from the 737 and g. To the 737 max because they did have a Software Upgrade that is very telling that the employees dont even trust the aircraft itself so how is boeing responded to these are had day well they have they released a statement saying that we regret the content of these communications and. Apologized to the federal Aviation Adminis
You will see slowing your infos if parts of the 2 kids each other both sides. As if. The. God that they were dazedly needs to. Be a people who simply. This is broadcasting around the world and covering all aspects of business and how it affects us all im christiane washington and heres a look at what we had in store to. Carry on for boeing as the company has released internal documents that puts the scrutiny back on boeing we take a closer look at the turbulence facing the Aerospace Giant with our correspondents. One of the fascinating case of carlos going has taken yet another turn as lebanon has imposed a travel ban on the former Renault Lauren fix the car coach is on hand to break down the saga and what lies in store for the multinational businessman and later is making gains quickly and those leads are on full display at the Consumer Electronics show. Is on the ground and gives us a peek into whats on show in las vegas we have a show today and so lets go and jump right in. The Worl
The federal Aviation Administration to congress our Airline Customers and to the flying public for them they actually went on to say that these communications do not reflect the company we are and need to be and they are completely unacceptable now over the Simulator Training we know that this could be time consuming so mean this could be costly obviously however even after the crashes boeing said that they did not need the training is that the pilot did not need those training so it wasnt until just this week that they said that they would recommend the pilots and crews have these trainings thats a 3 hour training of course its costly of course its timely but as it is of course necessary to save lives and make ensure that the 737 max can be in good working order exactly like look what happened now without the training exactly so on another front the iranian crash of the boeing 737800 not that different plane than the 737 max that investigation is still open but iran did now release a
To the 737 max because they did have a Software Upgrade that is very telling that the employees dont even trust the aircraft itself so how is boeing responded to these are had day well they have they released a statement saying we regret the content of these communications and apologize to the federal Aviation Administration to congress our Airline Customers and to the flying public for them they actually went on to say that these communications do not reflect the company we are and need to be and they are completely unacceptable now over the Simulator Training we know that this could be time consuming so mean this could be costly obviously however even after the crashes boeing said that they did not need the training is that the pilot did not need those training so it wasnt until just this week that they said that they would recommend the pilots and crews have these trainings thats a 3 hour training of course its costly of course its timely but as it is of course necessary to save liv