Headline this morning. Breaking news in the investigation of the german wings crash. The french prosecutor speaking right now saying the descent of that airplane could only have been voluntary. The planes commander was locked out of the cockpit. He can be heard trying to break down the door to get back in. The Prosecutor Says the copilot was breathing right up to the point of impact. Investigators do not know why the copilot did not respond. Neither pilot has been identified by name. The airbus almost this new graded on impact. The flight data recorder was damaged. The airbus almost decent integrated on disintegrated on impact. Bombing shiite military installations the rebels control major cities and forced him as president to flee. Forced yemens president to flee. The attacks are infuriating iran. Military action from outside yemen against territorial integrity and against the many people will have no result but bloodshed and slaughter of the people. As we have seen, a lot of people were murdered and civilians were killed in these bombings. Betty u. S. Warplanes joining the assault on saddam husseins hometown. The first time iraqi forces are tying to retake the city from Islamic State militants. Oil markets reacting to this. Prices in new york of more than 4 . Oil on track for its biggest fiveday rally since 2011. The fighting is near the heart of the worlds major crude sources. Equity futures also down on this news. Negotiators in the Iran Nuclear Talks are hoping to strike a deal by sunday. This according to three diplomats. John kerry is back at the table today in switzerland. The secretary of state is challenging those criticizing this process. Anybody standing up in opposition to this has an obligation to stand up and put a viable, realistic alternative on the table. I have yet to see anybody do that. We will see where we go. Betty the nuclear talks. The u. S. And five otherworld powers offering to lift sanctions on iran if it agrees not to build nuclear weapons. The worlds secondbiggest sportinggoods maker is feeling the need for speed. Adidas revealed plans today to catch up with nike, rushing hot products to stores faster and will try to build on its success in major cities. Predicting annual Profit Growth of 15 . Those are your top headlines this morning. It is still going on right now on the crashed germanwings flight. We are joined by andrew rothman. We are watching the News Conference now. These are incredible details coming out from the french prosecutor that apparently this copilot intentionally crashed this airplane. What more do we know about this . Andrea we know that normally there are two pilots in the cockpit. One of them went out to go to the bathroom and when he tried to get back in he was locked out by the other pilot. At the same time, the pilot controlling the plane put the plane into descent and the plane started going down. When the pilot outside realized what was going on, he tried to get in but there is a mechanism on the door that allows the person inside to lock the door so nobody can get in. You have a scenario where the plane is in a steep dive. The copilot is banging on the door trying to get inside. The doors are too strong. Betty we know there are protocols. Here in the u. S. , when you see a pilot leave the cockpit the Flight Attendant steps in, the fugard goes in front of the door food cart goes in front of the door and the Flight Attendant goes into the cockpit. How unusual this is that this pilot left the cockpit and let the other pilot alone. If the pilot was in there alone, the regulations of that country or that airline would have allowed that. Normally, he should have only been alone for half a minute. Unfortunately we are stuck with a situation where the pilot was alone and unable to and able to bring down the plane. This will raise major questions about the Security Systems of the cockpit. This was designed to prevent Something Like 9 11. Instead, it prevents the copilot from saving the plane. Betty we will continue to get more headlines. Thank you so much. Now to the escalating chaos in the middle east. Yemen on the brink of civil war. The Islamic State fighting to hold on to the city of tikrit. Mattingly joining me now. What are you hearing about a u. S. Response . Phil at the request of saudi arabia, the u. S. Is providing the just tickle and intelligence support to the operation led by saudi arabia logistical and intelligence support. There is no plans for u. S. Forces to enter this. You have to look at the u. S. Interests. Yemen is a central part of the strategy the current government being pushed out has been helpful to u. S. Interests. They are backing saudi arabia right now in what has become a proxy war between the rebels backed by iran and the saudi arabia and back government. The u. S. Siding with saudi arabia for its own interests. Betty american warplanes are conducting these airstrikes to help iraq retake tikrit. How significant is this offensive . Phil the u. S. Is backing a country against iran. In this case, they have become allies with iran in these airstrikes over tikrit right now. You are seeing not so much a major shift due to this offensive, but a strategic shift. The u. S. Has been waiting for weeks as these iraqi this iraqi offensive has worked. They decided to do that at the request of the iraqi president. The u. S. Is now aligned with iran whether they like it or not. This just as another major complexity. Betty thank you so much. And increasingly complex situation in the middle east. The conflict overseas signaling the market selloff from yesterday is going to get worse today. On wednesday, the dow dropped 300 points. The nasdaq lost 2. 5 . This morning, futures know better. The pain will continue right across the board. People are on the edge of their seats. I want to bring in mike reagan. As the pain continues, what are people saying to you . Mike it looks a lot like yesterday. The stocks that rallied a lot over the last year or so Semi Conductor companies, Chip Companies are bearing a lot of this selling this morning. If you look at some of the bestperforming groups the Semiconductor Index was up 20 . The biotech index of 30 over the last year. Airlines had been up 30 before this recent weakness. Betty were they right for selling . Mike there is a lot of moving pieces. It is toward the end of the quarter. That can cause profittaking. A lot of companies are not able to buy back shares because earnings season is coming up. Betty yesterday we know today we are watching overseas. Yesterday, was a durable goods . Mike durable goods set the tone early. There were some cautious notes from analysts about Semi Conductor companies. Wall street journal had a skeptical story about Biotech Companies asking if they are in a bubble. It was a death by 1000 cuts. Betty or maybe just reaching for some excuse. Mike the automated algorithms take over. Its hard to parse it all out and say it was definitely this. Betty thank you so much. Coming up today the First Retail Center of its kind. Opening in downtown manhattan. We will speak to the man behind brookfields place. The ceo of popeyes joins us. She led the fast food chain to an incredible turnaround. Does that mean chicken prices are going higher . Betty here is a look at our top stories this morning. Urging smokers to snuff out there ecigarettes. The cdc launching a 16 million campaign. Tobacco as happen off tv for more than four decades but the rules did not cover ecigarettes. As the messenger is getting a facelift. You will be able to vote at photos and videos. Mark zuckerberg said there will be new messenger features for business. Mark zuckerberg think about how useful it would be if you could just message them and instantly get information about whatever you need, make a reservation, by something in line change shipping information in time. We are introducing a way for you to communicate with businesses through messenger. Betty nobody, but a tshirt. The messenger at has 600 million monthly users already. Jurors are beginning a second day of deliberations an attorney urged the jury to let the buyers know that everybody deserves a fair and equitable workplace. She is headed out the door. Lots of nasty words flying in that trial. Later on we will speak to the ceo of a company that could benefit from Rising Interest Rates. The fed could help paychex. Initial jobless claims out at a 30 a. M. 8 30 a. M. Here in new york, a new mall opens its doors today. A luxury mecca that sits just across from the world trade center. Stores like saks fifth avenue, romhermes just a few years ago, developers were fighting against huge odds with 40 vacancy rates and the exit of major tenants, including Merrill Lynch. A 300 million renovation letter and it seems to be back on track. Joining me is one of the key people behind this project, the National Director of retail leasing for the u. S. Office for Brookfield Properties good to see you this morning. In this whole complex itself you lost major tenants. Merrill lynch was just among other Big Financial Services firms. Absolutely. At that time, we made a decision to invest in retail and create a place where people would want to work. The retail component was critical. Betty a wakeup call for you. It was time to renovate the center but we were more motivated with the expansion of the Merrill Lynch lease. Betty a good chunk of your property. Now, who do you have in place . The office is 8 million square feet. We got bank of america, time inc. Saks, hudson bay. The Office Vacancy is right around 5 now. Betty 95 occupied. Something to brag about, for sure. We are very happy about those numbers. Betty what are you getting per square foot . Right now, a 6080 foot square foot range every deal is different. Betty on the mall side of things you want to make this a luxury destination. It is a luxury destination. Betty you are targeting who exactly . I think of wall street that is the big change since 9 11. There are so many families living downtown. The people who shop downtown are not the people within walking distance. If you live in jersey brooklyn, this is a place to come to shop. When the retailers camp, they looked at the trade area if it was more than a fiveminute walk radius. The People Living downtown are extremely wealthy, welleducated. Their biggest complaint is i have to go to midtown to do my shopping or go to soho. They are here. We are filling a huge need. Betty they want it and you are giving it to them. This is such a tiny island. We have so many shopping destinations. Upper east side, madison avenue fifth avenue, hudson yard on the west side and here at brookfield. Are there enough dollars and people to go around . Absolutely. The wealth downtown the fourthlargest district by itself. Lower manhattan is one of the most densely built square miles in north america. You never see that much money poured into such a finite area in the u. S. Brookfield places the heart of this new neighborhood. Greeting betty Winter Garden is one of my Favorite Places in new york. Much more ahead, including the ceo of paychex joining me in a moment. Just because im away from my desk doesnt mean im not working. Comcast business understands that. Their wifi isnt just fast near the router. Its fast in the break room. Fast in the conference room. Fast in toms office. Fast in other toms office. Fast in the foyer [pronounced foyyer] or is it foyer [pronounced foyyay] . Fast in the hallway. I feel like ive been here before. Switch now and get the fastest wifi everywhere. Comcast business. Built for business. Betty you are watching in the loop. Good morning. We are moments away from the latest jobless claim numbers on this thursday morning. Which will give another indication of how the jobs recovery is doing. A recovery that Goldman Sachs is running too hot when you look at other data. There is one stock that is apparently already based on the economy and Rising Interest Rates a Company Called paychex. Shares of the Payroll Processor have outpaced the s p this year so far. Rising Interest Rates could help its socalled slope the amount of money and holds for his clients and a better economy means more Small Business formations. Joining me is martin mucci the ceo of paychex. How do you feel about this storyline here that paychex will benefit from Rising Interest Rates . Martin every 25 basis points for us is worth 4 million in annual revenue. A very positive thing for us. We grew 9 this quarter. We are feeling really good about the year. Betty yes, you release your earnings yesterday, revenue up 9 . Hr services of 19 percent up 19 . What is going on . Martin a lot of growth in hr outsourcing. A lot of Small Businesses need hr support with all the Compliance Needs and Affordable Care act and immigration reform. Theyre looking to companies who are exports experts. You see it come down to a much smaller client size than we used to. Betty you mention a few things, the Affordable Care act, tax reform, immigration. They need more help navigating more complicated regulatory environment. Is this something you have seen dramatically change in the last 12 months . Martin it really has picked up quite a bit with the Affordable Care act in particular because its that much more difficult for Small Businesses to keep track of their employee hours, their health care premiums. We have products that do that. On the immigration reform, its keeping track of who they are hiring and making sure all of that is reported correctly to the irs and federal government and state governments. Theres a lot of regulation that has caused Small Businesses to go outside and look for experts to help them. Betty is any of that having an effect on their hiring . Martin it has made them more cautious. The Affordable Care act has driven an increase in parttime hiring. Here more cautious about what their costs will be under health care reform. Whether they need to add Health Insurance or pay a penalty. That has made them more cautious in their hiring. Betty what about wages . Were scratching our heads wondering why isnt this economy creating 250,000 plus jobs and wages are going are not going . Martin wage increases around 2 on an annual basis. It has not moved a lot. When you see productivity it maxed out because after the recession, businesses did not hire as many people. Now, they will have to hire to get the productivity up. Betty where are you seeing most of the hiring . Martin most of the hiring from our Small Business index is still in the central part of the u. S. , driven primarily by energy. You see a lot of jobs in texas to north dakota. That may be impacted by lower gas prices. We have not seen that yet. The slowest is in the northeast. That may be impacted by the top winter as well. Betty what about by industry . Where are you seeing layoff by industry . Martin the strongest industry has been hell Services Health services and education. Just recently, you are starting to see more leisure and discretionary services. A good sign that people have Discretionary Income to spend. Betty thank you for joining us. Martin mucci the ceo of paychex. The stock up on the prospect of higher Interest Rates. We are getting jobless claims numbers, 280,000. Scarlet fu at the breaking news desk. Scarlet evidence the job market is holding up because jobless claims falling to 282,000. The consensus was for jobless claims to hold steady at 290,000. Consistent with strong hiring. In terms of its affect on the markets, stock in next futures Index Futures remain down with s p and dow off by. 7 . The dollar remains weaker up. 6 . The two year yield has come off its lows at 60 basis points even. Betty we are closely watching the reaction in the market. The latest on the breaking news we are following this morning, revelations about the final moment aboard the doomed germanwings jet. The descent of the plane from cruising altitude could only have been voluntary. The planes commander was locked out of the cockpit. He could be heard trying to break down the door to get back in. The copilots breathing could be heard right before impact. Voluntary he refused to open the door. He turned the button to get down the plane. Betty investigators do not know why the copilot refused to open the cockpit door. The airbus almost disintegrated on impact. The flight data recorder has not yet been found. It will give more clues as to what happened. All 150 people on board were killed. Victors show heavy damage at rebel post new pictures show heavy damage at rebel posts in yemen. It forced yemens president deeply. The u. S. Is helping by saudis this out is by providing intelligence. The saudis by providing intelligence. Military action from outside yemen against territorial integrity and against the many people will have no result of bloodshed and slaughter of the people. A lot of people were martyred and civilians were killed in these bombings. Betty u. S. Warplanes are joining the assault on saddam husseins hometown. Iraq you forces are trying to retake the city from Islamic State militants. Apple is planning a phone tradein program in china. The offer helps iphone s