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
That representation Transportation Safety issues along with my Ranking Member senator cantwell let me welcome our Signature Panel of witnesses and thank them for this hearing. Well hear from the department of transportation including neil szabat ron brinks and straygur of the federal Motor Carrier Safety Administration and deputy minister of traffic and safety. Welcome to each of you. Fixing americas surface transportation act of 2019 better known as the fastback rasterized the administrations responsible for ensuring the safety of our surface transportation paid sns and fra. Identifying issues this committee should consider as we prepare for reauthorization. The fastback places a greater focus on our nations Multimodal Network that includes establishing the emperor Grant Program. This program and others such as formerly tiger grants are critical to improve our nations transportation infrastructure. I hope the winces will provide the committee with an update on efforts to improve our i
Correspondent andrea hang from singapore where is this the 1st results of the trade conflict. Well the trade conflict is only house responsible for whats happening in china with these numbers now there are 2 other 2 that 2 other push factors number one inflation now china has imposed some cooling measures to those Producer Prices that you mentioned but no there is no theres a worry that theres a bit of theres a bit lacking of an inflation especially with food inflation and that could lead to a deflation instead number 2 or Oil Prices Oil and Natural Gas Prices fell 1. 8 percent year on year in the same period and that is going to ultimately affect Producer Prices and upstream. Or are we already seeing other effects in the rest of asia. Well in asia death 2 things that are happening right now the 1st lot will get more Global Demand overall is forcing suppliers to look for other production bases elsewhere but equally in places like vietnam india and thailand where production costs are ge
Responsible for whats happening in china with these numbers now there are 2 other 2 that 2 other push factors number one inflation now china has imposed some cooling measures to those Producer Prices that you mentioned but no there is not theres a worry that theres a bit of theres a bit lacking of an inflation especially with food inflation and that could lead to a deflation instead number 2 or Oil Prices Oil and Natural Gas Prices fell 1. 8 percent year on year in the same period and that is going to ultimately affect Producer Prices and upstream. Or are we already seeing other effects in the rest of asia. Well in asia death 2 things that are happening right now the 1st lot will get more Global Demand overall is forcing suppliers to look for other production bases elsewhere but equally in places like vietnam india and thailand where production costs are generally lower the 2nd thing thats happening is the mystic within china itself is also driving prices down and its also affecting th