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Rachel Lee: A tough day for Wall Street after General Electric and Citigroup reported earnings just shy of what analysts estimated. Cheif economist Robert Brusca with Fact and Opinion Economics, isn't overly concerned about the 213-point drop on the Dow.
Robert Brusca: Let's realize an event like this is something that is partibly markets operate. Markets are gonna have the occasional shut-down/sharp down days.
And NASDAQ plunged 54 points.
Rachel Lee: A bankruptcy judge clears the way for United Airlines to emerge from bankruptcy. Ed McCarthy has the story.
Ed McCarthy: United is the longest airline bankcruptcy in history. The airline cut 25, 000 jobs, pensions in its fleet whittling 100 planes from service. Airline analyst Tom Parsons says some probably doubted United's future.
Tom Parsons: I would promise you the other carriers in North America wouldn't, would love to see somebody disappear. Er, and but it appears that United would not be their first customer.
After 3 years, United can rise from the bankcruptcy ashes February 1st.During the reorganization, United has cut some U. S. flights while expanding internationally. Ed McCarthy, CNN.
Rachel Lee: The government's announced details of a Registered Traveller program. It would let frequent fliers sail through airport security lines, if they pay a fee, pass a government background check, and submit ten fingerprints. Transportation Security Administration Spokesman Christopher White says private companies would run it.
Spokesman Christopher: What would happen is individuals that are interested would apply to the program by paying the fee. Private sector would(will) establish, ah, they would then submit some biometric information whether a fingerprint, eye scans, or some other approved form and submit a background check.
Rachel Lee: The TSA already tested the program at 5 airports.
Rachel Lee: As drinkers turn to wine, vodka and whiskey instead of cracking open a cold one, beer ads are about to get a makeover. Ditching bikini-clad women, the industry looks to tout beer pairings with food, and that is just better in some situations like sporting events.
CNN Radio Marketplace, I'm Rachel Lee.
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