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Boeing to Present Solutions on 787 Battery Failures

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    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  • Duration 4:57
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This is -- Imus in the morning.

-- -- Good morning everyone Boeing officials are expected to announce a plan today to fix problems with batteries.

And grounded their entire 787 dreamliner fleet.

Senior executives from the company are due to meet with FAA officials in Washington to discuss the ten point proposal.

The Wall Street Journal reports Boeing hopes to win FAA approval to resume passenger flights as early as mid march.

The company also plans to meet with Japanese air safety authorities next week the problems began last month when a battery caught fire on a part 787 in Boston.

And smoke forced another plane to make an emergency landing in Japan.

Meanwhile Japan's transport ministry says -- fuel -- on a different 787 was caused by coding issue around the mechanism that controls fuel movement between the tanks.

Checking the markets now over in Europe stocks -- getting a boost from the latest economic numbers from Germany the -- report on business climate had its biggest rise since July 2010.

With a better than expected reading of 107 point four that's the fourth straight month.

Of increases in markets -- liking that London's up 42 -- is up 68 Frankfurt's up almost eighty here in the US were also looking at green arrows out futures.

I up 65 the S&P is up almost eight in the nasdaq's up about thirteen.

Meanwhile unfortunately gas prices are also up they've hit their highest level ever for this time of year AAA says.

The national average price for a gallon of regular -- that you back three dollars 78 cents unchanged from yesterday.

But of 47 cents from just a month ago President Obama was asked about that in an interview with Charlotte affiliate.

And he said the US needs to continue to cut its oil consumption.

Ultimately one things that we have to do is to keep on making our overall.

Economy.

Use less oil and we've we've got pure oil imports now that we have -- a very long time but there's more work to do.

Triple -- blames a steep run up in part on seasonal maintenance at refineries.

The White House says it's monitoring the high gas prices but spokesman Jay Carney is in commenting on whether the administration is considering tapping the strategic petroleum reserve.

To help bring down -- prices.

And it's been keeping track of who's watching TV for decades but it looks like Nielsen ratings will soon be keeping tabs on the web that is deals in our newsroom now with more on that hi Dennis.

Good morning Diane you know the Nielsen rating system.

Good for decades is basically dictated.

TV ad spending which is about seventy billion dollars a year so soon though it's gonna start.

Measuring the viewing it such video website is iTunes and Netflix and Hulu.

Now the major TV networks ratings are down and they -- viewers are still watching our shows they're just watching on a different and uncounted screen.

Just one problem Nielsen will measure laptops.

But not the hi -- as yet.

That leaves out millions of -- eyeballs watching network shows and ads on the iPad without the networks being able to charge for.

All of Al mobile all but dead is that you -- talking about is that -- ratings NBC just got some pretty lousy news.

You know so the February sweeps period -- -- set rates for of local stations.

Well the number once number one peacock network just fell to fifth place -- of the top four broadcaster.

Fifth place and it got beat.

By Univision the Spanish language channel.

And I think that have to be a first Spanish language channel brought -- like 25%.

More viewers in this key age group adults under fifteen.

Then NBC did -- how big stumble but the peacock.

-- to -- -- as Dennis still from the newsroom thanks and it's expense.

And we have results -- now from Charter Communications the cable providers reporting a loss of 41 cents a share much wider than the 28 cent loss.

That analysts were expecting revenue came in at one point 91 billion dollars not match the expectations dead on.

In the meantime we are expecting some rough weather and let's get the latest on that now from AccuWeather meteorologist mark -- could -- -- mark.

Probable -- storm now moving up to the Great Lakes and has that story advances to the -- -- knows -- -- Chicago but look out Detroit.

Farther south icy conditions from Ohio all the way down to Virginia.

Well this -- a symbol stay away today.

But it does look like over the weekend the storm will strengthen rapidly offshore and head up towards -- -- -- with more heavy wet snow.

And the city.

We'll be looking at rain ending as a bit of snow on -- and windy but in the Boston area rain and -- changes to heavy wet snow and monster storm pulls out.

Strong gusty winds and blustery conditions.

-- back to you.

And I bundle up everybody thanks mark.

Let's take a look at commodities now oil and gold have been up like the -- most of the morning we are seeing gold flight a little bit though and they go just changed direction down by ten cents.

Oil still up by about 36.

Coming up this hour Imus is guests -- -- democratic strategist Bob Beckel and now here's the I'm -- live on Fox Business.

Giving you the power to prosper.

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