Episode 73: ✈ United Airlines Earnings, ♻ Biden's Climate Bill

Democratic lawmakers are scrambling to negotiate alternative climate change proposals for President Joe Biden’s massive budget plan, following West Virginia Sen. Joe Manchin’s strong opposition to the plan’s core climate change strategy. Manchin, a moderate Democrat who can sink the bill in the 50-50 split Senate, said he will not vote for more than $1.5 trillion in spending and told the White House he’s opposed to a clean electricity plan, a key part of the president’s climate agenda. United Airlines on Tuesday reported higher-than-expected revenue as travelers returned in the summer, despite a hit from the delta variant. The airline didn’t give a timeline for when it would return to profitability. United posted net income of $473 million thanks to a boost from $1.13 billion in federal payroll aid. Its third-quarter sales totaled $7.75 billion compared with Wall Street analysts’ expectations for $7.64 billion and down 32% from the same quarter in 2019, before the Covid-19 pandemic began. It posted a per-share adjusted loss of $1.02, better than the $1.67 analysts expected. That loss strips out the benefit of federal aid. United shares were up more than 1.7% in postmarket trading after United reported its earnings results. Amazon and IKEA are among the major companies pushing the ocean shipping industry to adopt zero-carbon fuel sources for vessels by 2040. Marine shipping accounts for 1 billion tons of carbon emissions per year, according to the Clean Air Task Force, which worked with the Aspen Institute on a plan to accelerate a marketplace for zero-carbon shipping among the world’s largest cargo ship owners. In 2020, signs emerged that the AWI had dropped dramatically from 2019. At one point, Social Security Administration Chief Actuary Stephen Goss said it could be 5.9% lower from the previous year. The AWI has increased every year from 1951 to 2008. However, in 2009 the AWI declined by 1.5% due to the financial crisis that began the year before, which lowered benefits for those who became eligible in 2011. 📚Books: https://www.amazon.com/s?k=reginald+seay&crid=XNP2FB40Q3TH&sprefix=reginald+seay%2Caps%2C232&ref=nb_sb_noss 📚 Course: https://market-marauders-complete-guides.teachable.com/p/the-complete-guide-to-cryptocurrency 📚Website: www.marketmarauders.net 🦩Twitter: @yourequest 😎Instagram: market_marauders 📧Email: [email protected] 🚧 DISCLAIMER🚧 I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view and/or hear on the channel.