Solomon Elon Musk, Boeing, Amazons Prime Pantry discussed on WREC Programming


Millions of jobs were lost in April. The U. S economy not only failed to gain some back in December, it lost 140,000. It was mostly driven by the 372,000 jobs cut by bars and restaurants. Because of both new covert shutdowns and cold weather that made outdoor dining almost impossible. Most economists predicted some improvement, maybe 50,000. But gains in a few other industries, including retail factories and construction failed to offset the losses, which were also big in hospitality and leisure overall. Also not helping all the delays in passing and signing the coronavirus relief package. The overall jobless rate remained steady at 6.7%. Boeing is paying $2.5 billion to settle a Justice Department investigation into whether it misled regulators about it's 7 37 Max jets before the two fatal crashes Rod Hell, Solomon reports the settlement would lift the legal cloud that has hung over the company for about two years. Prosecutors have been probing high profile lapses by Boeing and telling the FAA about the shortcomings on the max before and after the accidents. The settlement includes a $243 million fine. More than $2 billion in compensation to airline customers and families of crash victims. I'm her health Solomon Elon Musk is now the richest person in the world, overtaking Jeff Bezos by a couple of billion bucks. Musk is worth about 190 billion now, but an investor made famous by the book and movie the Big short for shorting the housing market before the 2000 and collapse is telling musk to enjoy what we can. Michael Burry is now shorting Tesla at a time when many other investors Shorted Tesla. All during last year's stratospheric 750% rise have thrown in the towel and Amazons Prime Pantry service that delivered groceries and household essentials is no more. It was one of the retailers. Early attempts at selling food online Prime Pantry products have just been folded into Amazon's main site. Consumer and business News. Joe McConnell, NBC news radio occasionally on CBS, But you can go and fuck those and on Fox, but you can go to our website and watch the episode on our website. Yeah, and and yet one more show one more shot at for more show that that's just it's still being still being produced. But it's about to come out to and its own layoffs, and it's a big one with we're trying We did. A lot of really currently topical kind of things were going on people getting laid off women or having a fallen fallen into this, you know, and having to take care of these things, so we really wanted to have some messaging around what's really happening to people's life. Today. I want to remind people if you want our help. There's two ways to do it. You can sign up for retirement course we used to do it. It just stayed in the best state your library here in Birmingham, Samford Embassy suites so we can rent out several ballrooms and spread out for those of our listeners and hon. Still come down making evening. We've had a bunch of people but but more importantly, because the course is great, but it is general the most effective thing you can do to play in your retirement. Is to come sit down with us and let us analyze your particular specific circumstances and give you advice and feedback based on what You need to be doing And so we do that either virtually over zoom or we do it right here in our office on the corner of valid l and Caldwell mill and in furnace here in Birmingham and we go through your specific needs your specific vision and desires for your retirement. And then we gather all the information that we need to help you plan your retirement. And we go through and and walk you through step by step here. The things that are going well here, the things that need to be fixed. You know if you don't have an income plan, if you're not sure how much longer you need to work..

Coming up next