The dow was dragged lower in part because of boeing, which reported a massive loss for the Second Quarter. It also warned about something that no shareholder wants to hearabout, that itay have to halt production of its 737 max if the grounng of the jet liner drags on much longer. That pushed the stock 3lower in todays trade. Phil lebeau is on the story for us tonight. Reporter with the 737 max grounded for months, boeing ceo Dennis Muilenburg says his company could shut down the max Assembly Line if the current plan for recertifying the plane this fall is pushed back even further. If any of the timeline assumptions change significantly from start of the Fourth Quarter return to service, then we will have to evaluate alternatives, and those alternatives could include different production rate they could include a temporary shutdown of the line. Not something we want to do, but an alternative that we have to prepare for. Reporter stocting pron could mean temporarily laying off thousands
Afternoon if you are watching from asia. Im Francine Lacqua in london. Ato era july manufacturing 46. 5, a touch above expectations. Watch,llar is one to also the u. S. 10 year yield. The markets broiled from what we heard jay powell say. Said they peace time rate cut has had an impact on the dollar extending. European stocks up. Pound is the one we have been watching for. 2110, this depends on whether goes for a hard brexit. Oil, 57. 8. We have an exclusive conversation with an exclusive executive and joining us later, the global head of research for blackrock. Before we get to all that, lets get to the first word news in new york city. Quarterpoint cut from the benchmark rate by the fed. That says it will stop drinking the Balance Sheet in august shrinking the Balance Sheet in august. This move dashes hope for a move. Er dovish it is intended to ensure against Downside Risk from week Global Growth and policy uncertainty. To promote a faster return of inflation to symmetric 2 objectiv
Oleg siniguv, the head of the region, reported. Russian troops also shelled the kherson region again. The Administrative Center of berislav was hit. A 72yearold man received moderate injuries, the Kherson Regional Military Administration reported. Two elderly women were wounded in yeluchania and in kherson near the church. They have minor injuries, they independently sought medical help. Currently, according to the Regional Council in kherson. Only 30 of the population remained. The minister of defense rustem umero visited the 93rd separate mechanized brigade in kholodny yar as part of the first, after the appointment of a trip to the front. Discussed with her command the specifics of using drones. Brigade commander pavlo palisa shared his experience of defeating the enemy with fpv drones. Omirav, for his part, emphasized that the developments. Of new technologies is one of the priorities of the ministry of defense. Rustem umirov also awarded the best soldiers with state awards and awa
But really its a crime is addressed under power train to takes responsibility for his action. What about freedom of the price and freedom of expression . God use of choice starts october 28th on d, w. The europes gas alternative to russia under scrutiny. You will lawmakers want to impose sanctions on other by john to support our media. But the blocks need for other by johns gas puts it in a quandary. Well get an express opinion. Also coming up. The walls trade organization has its estimate for exports, growth around the world, and says the decades long principle of trade fostering cooperation and peace is on the front and with food prices on the rise in south africa, urban agriculture projects, or teaching locals. And you have as for how to grow their own fruits and vegetables for us cobra, welcome to the program. You parliamentarians are demanding the block and post sanctions on as a by john the resolution adopted on thursday as in response to their gardner car box conflict with armen
The currently more people than ever on the world wide and such a better life. Saffel, jessica admitted god the castle, josh, find out about robina story info. My grands europes gas alternative to russia under scrutiny. You will all makers want to impose sanctions on other by john to support our media. But the blogs need for other by johns gas puts it in a quandary. Look at an expert opinion. Also coming up the World Trade Organization, half its estimate for exports, growth around the world, and says the decades long principle of trade fostering cooperation and peace is under to add with full price is on the rise in south africa. Urban agriculture projects are teaching locals and you had as for how to grow their own fruits and vegetables. Chris cobra, welcome to the program. You parliamentarians are demanding the block and post sanctions on as a by john the resolution adopted on thursday is in response to their gardner car back conflict with our media after a military intervention, more