A bunch of people have emailed about employees being evacuated from Merrill Lynch and Goldman Sachs, and the WSJ was previously all "run for your lives!" but apparently, according to an update, that "commercial-size jet seen flying low over Hudson River was part of scheduled test."
Federal Aviation Administration spokesman Jim Peters said the Defense Department is conducting a photo op that involves deploying two F-16s and escorting a Boeing 747 in the vicinity of Lower Manhattan and the Statue of Liberty. Mr. Peters says the maneuver was not an emergency and was coordinated in advance with the FAA and state and local officials. "They'll do two or three spins ... and be done by 10:30," Mr. Peters said.