Subcommittee is holding an oversight hearing on the federal aviation administration. Joinedry pleased to be by senator jack reed, the subcommittee Ranking Member, and im is sure we will be joined by others. The faa is a 17 billion agency with 44,000 employees who are responsible for virtually every aspect of aviation in our country, including the safety of commercial airlines, general aviation, and cargo aircraft. Every day, faas air Traffic Controllers are responsible for more than 44,000 flights and 2. 7 Million Airline passengers across more than 29 million square miles of airspace. Over the last year, muchneeded attention has been focused on the crashes of lion air flight 610 and 6 6. Thiopian air flight 302 syrias questions have been raised about the effectiveness of the faas regulatory serious questions have been raised about the effectiveness of the faas regulatory framework. For the victims and their families, we need to make sure these accidents are thoroughly investigated, th
a warm welcome to our viewers joining us from the united states and all around the world. i m paula newton. ahead on cnn newsroom, the u.s. and canada authorized the takedown of a third high-altitude object in recent days, but just what was it? even as the death toll in syria and turkey climbs, officials are looking for answers. why did so many buildings crumble? ukraine says it shot down 20 drones from iran during a russian attack. ahead, a live report from kyiv. live from cnn center, this is cnn newsroom with paula newton. so it happened again. for the third time in a week, a u.s. fighter jet has shot down an object over north american air space. the canadian prime minister, justin trudeau, says the latest object violated canadian air space and was taken down by a u.s. f-22 fighter jet over the yukon in the northwest of canada. mr. trudeau and u.s. president joe biden authorized the strike by the country s shared air defense organization, norad. we ll hear mor
nadia romero at hartsfield jackson in atlanta. we ve seen the lines stretch all day. what are people saying about their travel this weekend? reporter: yeah, well it is a really a mixed bag, ryan. you talked to some people who may sort of come to the airport, a lot earlier than normal. one couple came three hours early just to make sure they were able to make their flight. but we also heard from a gentleman who is just trying to get from atlanta to vegas. his flight has been canceled now three times. he was supposed to leave at 8:00 a.m., and now put on a flight at 7:00 p.m. he no longer has a hotel so he s going to hang out at the airport all day hoping to get on the last flight out tonight. and he s no too happy with the airlines and how things have gone so far. we saw the busiest amount of people and the most people at the tsa checkpoint this morning during that 6:00 to 9:00 a.m. hour. if you could see behind me, where people are checking in to delta here, getting bags ch
Im carl qintanilla with sara eisen and john ford. Joining us this morning, Henry Blodget and cnc contributor, mike jackson. Good morning to both of you. Our top story is going to be the markets and rally mode. The dow is up 175. Got a pretty upbeat adp number. Some of todays top dow gainers are bob pisani is watching a lot of Different Things moving on the floor. Complicated parts. 2378. Off of the highs. Two things moving things. Higher yield and higher oil. Take a look at the k. B. This is the bank index. Buying finally started coming off of the lows of yesterday. We weakened a little bit. They cant decide where they want to go. Thats a big influence. Energy, the xle, oil stocks, they moved as oil rallied towards 52 dolz. They came down. Copper is up, nickel is up, zinc is up. Some of the copper stocks are moving there. Freeport may reopen that copper mine in indonesia they have had problems with. A big ipo in the energy space. Hess missstream, they own pipelines in the bokken. 25. 5
Investors shared private growth, thenned be day, selling took hold and then some. Right around the time the Federal Reserve released the minutes of its latist meetings. The minutes dont tend to move the markets all that often, but they did today. At the Central Banks last meeting, policymakers commented on stockmarket valuations with some members suggesting theyre a bad profit. They dont do that. They also talked extensively about reducing the feds multitrillion dollar Balance Sheet, something we have been telling you about. That has a power to spook the market. With that, stocks did get spooked. They dropped hard. Major indexes turned negative, resulting in the biggest market turn around toptobottom in 14 months. Heres how the day ended. The dow jones lost and nasdaq down 34 the s p 500 lost 7. We have more on todays dramatic moves. Reporter stocks rose early as oil rose up in the 80s, the prime employment report was strong. The markets reversed the initial catalyst from the feds last