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boeing is part of the dow jones index now. as the opening bell rang this morning, boeing's stock dropped about a dollar a share. it is down more than $100 a share so far this year. the bright spot united airlines did indicate an up positive outlook for the year ahead. as we take a live look at the numbers. the dow started the day a little higher. it has fluctuated a bit up and down slightly at this hour. you can see right now up slightly. s&p 500 also maintaining a little bit of a gain. the nasdaq down a little bit this morning. so far apple is looking into sending some of its manufacturing operations from china to indonesia. apple ceo tim cook met with indonesia's president this morning in jakarta to discuss the investment possibilities. now, the tech company is seeking to diversify its supply chain away from china. the move is also part of an effort to by indonesia to bring in more manufacturing. >> i think the investor movement ability in indonesia is endless. i think that there's a lot of great places to invest and we're i
boeing is part of the dow jones index now. as the opening bell rang this morning, boeing's stock dropped about a dollar a share. it is down more than $100 a share so far this year. the bright spot united airlines did indicate an up positive outlook for the year ahead. as we take a live look at the numbers. the dow started the day a little higher. it has fluctuated a bit up and down slightly at this hour. you can see right now up slightly. s&p 500 also maintaining a little bit of a gain. the...
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boeing's corporate leaders continue to conceal the truth. they continue to mislead and deceive the public about the safety of the planes that is the safety culture at the top of the boeing company right now. >> the other hearing this morning before the senate commerce committee focused on the procedures and training of boeing employees. that's after a panel of aviation experts released a report that criticized boeing's safety culture as, quote, inadequate and, quote, confusing. >> we're now learning more about the fallout from protests that took over parts of a busy bay area freeway and the golden gate bridge for hours this week. dozens of arrests, but so far no one's been charged. ktvu reporter allie rasmus tracking what happens when prosecutors are waiting and likely what they're waiting for. >> yeah, they're waiting for more information. according to the san francisco district attorney's office, a total of 38 people were arrested on monday for demonstrations that happened on interstate eight, 80 in oakland and the golden gate bridge. as w
boeing's corporate leaders continue to conceal the truth. they continue to mislead and deceive the public about the safety of the planes that is the safety culture at the top of the boeing company right now. >> the other hearing this morning before the senate commerce committee focused on the procedures and training of boeing employees. that's after a panel of aviation experts released a report that criticized boeing's safety culture as, quote, inadequate and, quote, confusing. >>...
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that is the safety culture at the top of the boeing company right now. >> boeing is disputing the claims. it says its planes are safe, and that many of the issues raised have been subject to extensive and rigorous examinations under faa oversight. in a separate senate hearing, lawmakers heard from aviation experts about an faa program that allows boeing to sign off on its own work. >> charges have not yet been filed against the protesters accused of shutting down the golden gate bridge and interstate 880. on monday, san francisco district attorney brooke jenkins says her office is still reviewing evidence, including video from the scene. those demonstrators blocked traffic for hours, calling for an end to the war in gaza and u.s. military support for israel . the chp arrested 26 people on suspicion of misdemeanors, including unlawful assembly and failure to disperse. but the chp also wants the da to charge the protesters with felony conspiracy, which took protesters and their supporters by surprise. >> what's really important to note here is that these felony charges are ridiculous and a
that is the safety culture at the top of the boeing company right now. >> boeing is disputing the claims. it says its planes are safe, and that many of the issues raised have been subject to extensive and rigorous examinations under faa oversight. in a separate senate hearing, lawmakers heard from aviation experts about an faa program that allows boeing to sign off on its own work. >> charges have not yet been filed against the protesters accused of shutting down the golden gate...
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Apr 10, 2024
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the faa is now investigating whistleblower complaints about boeing's 787 dreamliner jets. >> boeing once again facing an investigation by the federal aviation administration after a whistleblower reportedly claimed the company took shortcuts when assembling its 777 and 787 dreamliner jets. the boeing engineer alleges crews did not properly fasten fuselages on board, an issue he says could be catastrophic. as the aircraft ages. >> these aircraft are tested beyond belief in construction and design, and there's nothing wrong with somebody pointing out what they see to be a problem, and the correct response to that is to look into it. >> the new york times reporting the complaint was filed in january and made public this week. the whistleblower says boeing ultimately transferred him out of the 787 program. boeing denying the allegation, saying the issues raised, quote, have been subject to rigorous examination under faa oversight. but the report is the latest trouble for boeing, which currently faces a 90 day deadline from the faa to outline a quality control plan. >> we're already about a m
the faa is now investigating whistleblower complaints about boeing's 787 dreamliner jets. >> boeing once again facing an investigation by the federal aviation administration after a whistleblower reportedly claimed the company took shortcuts when assembling its 777 and 787 dreamliner jets. the boeing engineer alleges crews did not properly fasten fuselages on board, an issue he says could be catastrophic. as the aircraft ages. >> these aircraft are tested beyond belief in...
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of boeing's planes after allegations from a whistleblower, boeing engineer sam salarpur says boeing took shortcuts in the fuselage assembly of 787 dreamliner jets. he warned that the risk could be catastrophic as those planes start to age. boeing said in a statement that the allegations are, quote, inaccurate. a senate hearing is set for next week on the whistleblower's claims. >> the parents of the oxford, michigan, school shooter were each sentenced today to 10 to 15 years in prison. james and jennifer crumbly were tried separately and convicted of involuntary manslaughter. prosecutors said that an unsecured gun at their home and indifference toward their son's mental health led 15 year old ethan crumbley to bring the weapon to oxford high school and opened fire. james crumbly apologized to the families of the four students who died. >> i really want the families of madison, baldwin, hana, saint juliana, tate meier, meir and justin schilling to know how truly am i, how truly sorry i am . >> it is the first time parents have been held criminally responsible for such an act. both james a
of boeing's planes after allegations from a whistleblower, boeing engineer sam salarpur says boeing took shortcuts in the fuselage assembly of 787 dreamliner jets. he warned that the risk could be catastrophic as those planes start to age. boeing said in a statement that the allegations are, quote, inaccurate. a senate hearing is set for next week on the whistleblower's claims. >> the parents of the oxford, michigan, school shooter were each sentenced today to 10 to 15 years in prison....
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the whistleblower says boeing ultimately transferred him out of the 787 program. boeing denies the allegations, but the report comes amid months of safety concerns. boeing is facing a 90 day deadline from the faa to outline a quality control plan. >> we're already about a month into that to put together a plan demonstrating that they can hit a different level of quality control, and we're not going to let them increase their production until they do. >> boeing's troubles are also causing major problems for airlines that are expected to receive about 32% fewer aircraft this year due to the delays. boeing ceo has been asked to testify next week at a senate hearing over these whistleblower claims. >> former executive with the trump organization was sentenced to five months in jail for lying under oath during his testimony in donald trump's civil fraud trial. allen weisselberg is the former chief financial officer for the trump organization. he pleaded guilty to two counts of perjury last month, admitting that he lied about the value of trump's manhattan penthouse. th
the whistleblower says boeing ultimately transferred him out of the 787 program. boeing denies the allegations, but the report comes amid months of safety concerns. boeing is facing a 90 day deadline from the faa to outline a quality control plan. >> we're already about a month into that to put together a plan demonstrating that they can hit a different level of quality control, and we're not going to let them increase their production until they do. >> boeing's troubles are also...
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salarpur is set to testify in the senate hearing on boeing's safety culture. >> elon musk is planning to charge new users of ecs, a small fee. the owner of the social media platform says he is hoping that this fee will curb ex's bot problem. the company began purging bots earlier this month, but musk says a fee would be the only way to curb the relentless onslaught of bots on x. musk has not specified yet when the fee will kick in or how it's going to work. back in october, the social media site started charging new users $1 per year in new zealand and the philippines after a dismal first quarter. >> tesla is reportedly planning to lay off about 10% of its workforce. ceo elon musk detailed the plans in a memo sent to employees, saying he is examining every aspect of the company for ways to reduce costs. the layoffs could affect about 14,000 of the roughly 140,000 tesla workers. it is not clear how many bay area workers would be impacted. it comes as tesla reported declining deliveries and demand in the first quarter. abbott laboratories has given notice that it will be closing its fai
salarpur is set to testify in the senate hearing on boeing's safety culture. >> elon musk is planning to charge new users of ecs, a small fee. the owner of the social media platform says he is hoping that this fee will curb ex's bot problem. the company began purging bots earlier this month, but musk says a fee would be the only way to curb the relentless onslaught of bots on x. musk has not specified yet when the fee will kick in or how it's going to work. back in october, the social...
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. >> 845 now, an important meeting is now scheduled over the safety of boeing. >> tim cook has details on this and is watching another drop on wall street in today's dollars and cents. >> yeah, it's been a bit of a rough week for investors. lingering concerns about inflation, taking stocks down again this morning, despite some good earnings reports starting to filter in. we're going to get more of those first quarter earnings reports next week. this morning heard from some of the big banks. now the three major market indexes the dow, the nasdaq and the s&p 500 all dropped more than 1% right when that opening bell rang this morning. and as we take a live look at the dow jones right now, it is down 300 points or so, 305 right now, the s&p 500 down almost a full percentage point as well. still same with the nasdaq. it's down 171 points. they've come back a little bit in the last hour. but still as you can see losses across the board. the safety of boeing at a senate commerce committee meeting next week, panel members will include a nasa expert on safety, culture and mit aeronautics expert
. >> 845 now, an important meeting is now scheduled over the safety of boeing. >> tim cook has details on this and is watching another drop on wall street in today's dollars and cents. >> yeah, it's been a bit of a rough week for investors. lingering concerns about inflation, taking stocks down again this morning, despite some good earnings reports starting to filter in. we're going to get more of those first quarter earnings reports next week. this morning heard from some of...
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a boeing engineer says boeing took shortcuts in assembling of the fuselage of 787 dreamliner jets. he warned the risk could be catastrophic, as those planes get older, boeing said in a statement the allegations are inaccurate. a senate hearing is now scheduled next week on the claims made by the whistleblower. >> an audit shows california is spending billions of dollars on homelessness without tracking where that money is going. now. the review started when south bay state senator dave cortese visited one of the largest homeless encampments in san jose . he asked the city whether the money spent on housing programs was working. he found the data insufficient, so he and other lawmakers asked the state auditor to investigate. now the audit examined two cities, san jose and san diego, between 2018 and 2023. >> you know, to improve upon, you know, some of these areas, these deficiencies and these systemic issues that that the audit, calls out. >> auditors say a council responsible for coordinating the state's efforts against homelessness does not have a consistent method for gathering
a boeing engineer says boeing took shortcuts in assembling of the fuselage of 787 dreamliner jets. he warned the risk could be catastrophic, as those planes get older, boeing said in a statement the allegations are inaccurate. a senate hearing is now scheduled next week on the claims made by the whistleblower. >> an audit shows california is spending billions of dollars on homelessness without tracking where that money is going. now. the review started when south bay state senator dave...
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last week, a former boeing quality engineer claimed that the company dismissed safety concerns about the assembly of its 787 and 777 jets that fly internationally. that engineer is due to testify in senate hearings about boeing's safety, culture and a new report by airports council international shows atlanta's hartsfield jackson airport is still the busiest airport in the world. that airport saw 104 million passengers last year. the list of the ten busiest airports in the world for 2023 also includes dallas fort worth at number three, while denver dropped down to number six. los angeles international and chicago's o'hare also made the top ten. >> 438 is the time. back over to steve paulson. where are you? starting with the weather? >> well, we'll bump some temps up today. so from yesterday we had 60s to near 70 for a few palo alto, menlo park checked in at 70. there were a couple that were close today. more mid 70s napa. danville will go 74 after 68 yesterday and 75 palo alto and also san jose 40s on the temps. petaluma is at 43. i think most locations will be about five degrees war
last week, a former boeing quality engineer claimed that the company dismissed safety concerns about the assembly of its 787 and 777 jets that fly internationally. that engineer is due to testify in senate hearings about boeing's safety, culture and a new report by airports council international shows atlanta's hartsfield jackson airport is still the busiest airport in the world. that airport saw 104 million passengers last year. the list of the ten busiest airports in the world for 2023 also...
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boeing is part of the dow jones index that is education through music, a new york based organization helping bring music into the schools there. in new york. always a big, fan of getting music in the schools everywhere. right? so we'll have all your business news and numbers coming up. thank you for waking up with us here on mornings on two. >> i'm pam cook and good morning i'm dave clark. welcome to wednesday. it's april 17th. >> yep. let's check in with steve paulson because it sounds like weather is getting a little warmer than a little cooler. >> that is correct, pamela. no doubt about it. now the fog, which was, kind of dancing around the golden gate, looks like it's already burning off. but we have a nice sunrise behind me over there. there's your fog. some of that. there's a lot more. about half hour ago. so i don't think, you know, there's not much left here. 40s, 50s on the temps here with a lot of high clouds. so our lows are running warmer than 24 hours ago. so it will be a mix of sun, high clouds, little haze, some low clouds as well. but i think the low clouds are on, yo
boeing is part of the dow jones index that is education through music, a new york based organization helping bring music into the schools there. in new york. always a big, fan of getting music in the schools everywhere. right? so we'll have all your business news and numbers coming up. thank you for waking up with us here on mornings on two. >> i'm pam cook and good morning i'm dave clark. welcome to wednesday. it's april 17th. >> yep. let's check in with steve paulson because it...
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the boeing 737 landed safely. >> legal action on the horizon. as oakland now considers changing the name of its airport. >> yeah. as we've been reporting, the port of oakland wants to rebrand and includes san francisco in the airport's name. but san francisco officials have been pushing back as ktvu s henry lee reports, the city attorney in san francisco is now threatening a lawsuit. >> from our perspective, the proposal appears intentionally designed to divert travelers who may be unfamiliar with bay area geography. >> san francisco city attorney david chu says changing the name of oakland international airport to san francisco bay oakland international airport would lead to confusion. and if oakland goes down that path, he's ready to sue. >> litigation is always a last resort. it's one that we hope to avoid. but if oakland chooses to move forward with the decision on thursday, we will be forced to, to consider all of our legal options. >> oakland airport officials say a recent poll shows local residents are comfortable with a name change and s
the boeing 737 landed safely. >> legal action on the horizon. as oakland now considers changing the name of its airport. >> yeah. as we've been reporting, the port of oakland wants to rebrand and includes san francisco in the airport's name. but san francisco officials have been pushing back as ktvu s henry lee reports, the city attorney in san francisco is now threatening a lawsuit. >> from our perspective, the proposal appears intentionally designed to divert travelers who...
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the boeing 737 800 was able to return to denver safely. passengers who sat near the engine say they yelled at flight attendants to come over and see the damage. they also say they were shocked to see that paneling from the plane stripping away no one was hurt, and all passengers eventually arrived in houston yesterday afternoon, southwest said its maintenance team is looking into the incident. >> a new at five tonight. tesla settling a lawsuit brought by the family of a silicon valley man who died in a crash relying on the company's semi-autonomous driving software. walter wong was killed more than six years ago when his tesla model x smashed into a concrete barrier on highway 101, in mountain view . his family filed a wrongful death and negligent lawsuit against tesla, claiming the car company's driver assist software was responsible for his death. that trial was set to begin tomorrow. the amount tesla paid to settle this case has not been disclosed. >> san francisco mayor london breed was in sacramento, where lawmakers are looking for so
the boeing 737 800 was able to return to denver safely. passengers who sat near the engine say they yelled at flight attendants to come over and see the damage. they also say they were shocked to see that paneling from the plane stripping away no one was hurt, and all passengers eventually arrived in houston yesterday afternoon, southwest said its maintenance team is looking into the incident. >> a new at five tonight. tesla settling a lawsuit brought by the family of a silicon valley man...
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this all comes as boeing faces a safety crisis following recent issues with the 737 max nine jet, including the alaska airlines plane that had a door panel blow off mid-flight. a timber company suing pga over the dixie fire, collins pine, is asking for $229 million in damage in connection to the 21 fire, which was started by pga equipment. collins pine says the wildfire burned tens of thousands of acres of timber and trees and damaged its facilities in plumas county. >> governor newsom is requesting a federal emergency after the cancellation of california's salmon season. the decision was made wednesday by the pacific fishery management council because of the continued low numbers of chinook salmon. the governor says the emergency request will be helped bring financial support to the affected fishing communities. local salmon fishermen blame the state for what they call, quote, irresponsible water policies. >> and we're fighting for these fish. we're making hard sacrifices for the next generation of fish, and we're making the hard decisions about the harvest. right now, we need the californ
this all comes as boeing faces a safety crisis following recent issues with the 737 max nine jet, including the alaska airlines plane that had a door panel blow off mid-flight. a timber company suing pga over the dixie fire, collins pine, is asking for $229 million in damage in connection to the 21 fire, which was started by pga equipment. collins pine says the wildfire burned tens of thousands of acres of timber and trees and damaged its facilities in plumas county. >> governor newsom is...
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now this all comes as boeing faces a safety crisis following recent issues with the 737 max nine jet, including one where the plane had a panel blow out mid-flight. you may be surprised about the number of people in san francisco who sell their homes at a loss. now, residential real estate brokerage redfin reports 18% of sellers in san francisco lost money that's near the highest level in more than ten years, redfin says. when someone buys a house and then sells it off at a lower price, the typical amount lost is $155,000. agents say san francisco is inflated. housing prices are coming back down to earth. just 4% of houses nationwide lost money when they were resold. >> all right. today is a popular day of the week to sneak out of the office a little early. there's a new study supporting what many people have already seen at work. many employees tend to clock out early on fridays to make the weekends a little longer, and the traditional 9 to 5 workday gets a little shorter, with many workers heading out the door about 3 or 4 in the afternoon. however, one human resources expert found
now this all comes as boeing faces a safety crisis following recent issues with the 737 max nine jet, including one where the plane had a panel blow out mid-flight. you may be surprised about the number of people in san francisco who sell their homes at a loss. now, residential real estate brokerage redfin reports 18% of sellers in san francisco lost money that's near the highest level in more than ten years, redfin says. when someone buys a house and then sells it off at a lower price, the...
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the boeing 737 landed safely. port of oakland commissioners are now scheduled to meet thursday to discuss renaming the oakland international airport. >> now, officials in the east bay liked the idea of rebrand the airport as san francisco bay. oakland international airport. but san francisco city leaders hate the idea. san francisco city attorney fired off a letter threatening legal action. he says the proposed name change would lead to confusion for visitors. >> from our perspective, the proposal appears intentionally designed to divert travelers who may be unfamiliar with bay area geography. >> now, oakland airport officials say a recent poll shows residents are comfortable with a name change and they support the efforts to increase the number of flights and travel destinations. now, in a statement, the port of oakland, which oversees the airport, said, quote, the proposed name modification will clarify, not confuse the new name. it identifies where oakland is actually located. okay, that is which is on san fran
the boeing 737 landed safely. port of oakland commissioners are now scheduled to meet thursday to discuss renaming the oakland international airport. >> now, officials in the east bay liked the idea of rebrand the airport as san francisco bay. oakland international airport. but san francisco city leaders hate the idea. san francisco city attorney fired off a letter threatening legal action. he says the proposed name change would lead to confusion for visitors. >> from our...
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of course, from boeing's problems to the jetblue spirit merger being blocked and now new scrutiny on alaska air and its proposed merger with hawaiian airlines. new at eight. why some bay area residents want the government to stop this plan, and later on, the nine from providing essential support to offering access to tailored resources. one local nonprofit is creating a more inclusive society for individuals on the autism spectrum. we'll introduce it to the bay area autism collective, which is working to le the way owar norman, bad news... i never graduated from med school. what? but the good news is... xfinity mobile just got even better! now, you can automatically connect to wifi speeds up to a gig on the go. plus, buy one unlimited line and get one free for a year. i gotta get this deal... that's like $20 a month per unlimited line... i don't want to miss that. that's amazing doc. mobile savings are calling. visit xfinitymobile.com to learn more. doc? basketball is a wnba draft began and as expected, caitlin clark of iowa college basketball's all time leading scorer, was drafted n
of course, from boeing's problems to the jetblue spirit merger being blocked and now new scrutiny on alaska air and its proposed merger with hawaiian airlines. new at eight. why some bay area residents want the government to stop this plan, and later on, the nine from providing essential support to offering access to tailored resources. one local nonprofit is creating a more inclusive society for individuals on the autism spectrum. we'll introduce it to the bay area autism collective, which is...