Any new stimulus in sight. And that tiktok trade, you cant really trade it, can you, because its not a public company, but bytedance is formally seeking chinas approval for a deal with oracle and walmart, those are two publiclytraded companies. Yes, they are, jim lets talk markets lets start with that. You know, its funny, i dont know what you make of the pull back today, to the extent we are going to have one or what weve been seeing in apple lately. I keep wondering coming back to that softbank option purchase that we kind of we talked about it for a day or two and then we moved on. Right. You know, a number of people have come back on it with me, jim, and sort of said maybe it had a bigger impact than we realized in terms of the run up of some of these names. It did jack the market up in 1999 fashion which, you know, you know, led to 20002001 which was a disaster and it was frankly unnatural other than zoom almost every one of those stocks that they took up have been crushed apple t
The chair is authorized to declare a recess at any t time i now recognize myself for an Opening Statement. Good morning todays hearing will focus on the f35 joint Strike Fighter a highly technical Stealth Fighter that is the pentagons largest and most costly acquisition programs in cf 35 Program Began more than 20 years ago the department of defense more than 350 billion onts Development Total cost to sustain the program is estimated at more than 1 trillion. Unfortunately this program is plagued by challenges including major problems with maintenance of the aircraft. This hearing will address the many, time and manpower the military is forceded to spend for spare parts from Lockheed Martin. Juneck 2019 the dod Inspector General found over a threeyear period more than 15000 spare parts for the f35 lacked dialogue that maintains Important Information of the spare parts. 2020 Committee Staff from the majority and minority visited multiple military bases and interviewed personnel who maint
I am pleased that it is one we can work in a bipartisan manner. I believe we all want a Strong Military and a strong private sector and a strong government that is wisely tracking taxpayers money and spending it efficiently for the purposes that it was meant for. I look forward to working with the Ranking Member in the future and i am so pleased he is with us here today. Without objection the chair is authorized to declare a recess of the committee at any time and i now recognize myself for an Opening Statement. Good morning. Todays hearing will focus on the f35 joint strike fighter. A highly technical stuff fighter that the pentagon largest and most costly acquisition program. Since the 35 Program Began more than 20 years ago the department of defense has spent more than 350 billion on its development. Total cost to sustain the program are estimated at more than 1 trillion. Unfortunately, this expensive program has been plagued by challenges for years, including major problems with ma
Hear from mike roman later on today, july has been very good i think you will continue to get a positive from housing, this horton number is the number people should be focusing on because it was stellar you will get a lot of people talking about how there is a lot of good news in anything involving personal fun, polaris, but just were just in such dim tidings when it comes to aero space thats what im focused on greg hayes, 2023, oh, my. You were just talking about that and then iata, the International Air transport association is saying 2024 for precovid traffic levels they also point out that airlines are adding capacity, jim, ahead of demand which is coming back slower than they thought. Personal travel, people want toful tra, we know that. Great Conference Call by American Express on friday about what people want to do, but the Business Travelers is where they make all the money and the Business Traveler is zooming they just arent going i dont know what its going to take to bring t
Unrest in America Portland rorked by violent protest overnight. President trump trying to bring safety and security back to america cities announcing surge in federal Law Enforcement. Coming up at 7 30 a. M. Eastern this morning, former new York City Police commissioner ray kelly is here live. Market this is morning pointing to higher opening this morning earnings driving story take look dow futures right now, up 123 points and nasdaq up 98 and s p up 14 and a half. This after hopes of a new stimulus plan and optimism over Coronavirus Vaccine, fuel market yesterday. Dow industrials were up 165 points at the close yesterday. Nasdaq up 25 and s p 500 up 18. Play ball baseball openingday today the game without fans in attendance on this openingday 2020. Plus it is day four of a week long look at instagram stars today an detective that is blowing up online. Gaining popularity with destructive art. Mornings with maria is live right now. Global markets taking a look at thed s p up 40 points