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By italian arti isist sold for 3407b day. a private chinese collector purchased the painting at christy's. "reclining nude" is the second highest price ever for a work of art at auction. the most expensive was a picasso that sold for $179 million back in may. the highest priced modigliani had previously sold for $70 million. this was quite a boost in sales. >> speaking of money, krpt nbc's landon dowdy. >> good morning to you. stocks look to rebound today after suffering their first day in six weeks on monday on fears over a potential fed interest rate hike next month. that would force investo...

Control that they are waiting for instructions. >> these types of procedures were completely capable of being done before the accident. this was a totally preventable accident. across the country and nearly two decades later, another crash caused by human error. continental connection flight 3407 nears the buffalo airport for landing. the turbo prop suddenly pitches up, stalls, and goes into a series of terrifying rolls. the pilot fights to gain control, but the plane plummets 1,600 feet into a house. >> this aircraft was five miles out, and all of the sudden, we have no response from that a...

America. regionals are sounding the alarm forced to reduce service because they don't have enough qualified pilots to fly their planes. >> it's not an industry you can say hey, i want to be a pilot and do a little training and end up being a pilot. you have to work a significant amount of time and build a significant amount of flight hours to qualify and it costs a significant amount of money. >> reporter: there are several ways pilots can get the training they need. some go to flight school, some go to a university where tuition costs $45,000 a year. they graduate with 250 hours in flight tim...

Time. that used to be enough to go straight from embry riddle to a commercial airline but after flight 3407 crashed in 2009 that transition became much harder. pilot error played a major role in that crash in buffalo and many of the families of the 49 people on board have pushed for some of the changes we're seeing today. including raising the minimum requirement of flight hours to 1500. but there are fears some of these requirements may be weakened in order to meet the demand for pilots. >> there's tremendous pressure on the faa to relax some of the rules and requirements so they can get more...

A powerful storm and rolling to the right. it is june 2009. a flight from rio to paris. 228 people onboard. the plane begins to fall 10,000 feet per minute and crashes into the atlantic belly first killing everyone. >> this is what we're looking for. in the middle of the atlantic ocean. >> reporter: two years later they find the black boxes deep in the ocean. before the recovery it was thought the plane's speed sensors were to blame but the black box reveal the pilots were at fault. it shows confusion in the cockpit. we still have engines. what the hell is happening one co-pilot asks. another ...