Financial Focus for Sept. 28
Financial Focus for Sept. 28
United Airlines has agreed not to furlough any of its pilots until at least June 2021 according to a pilots union email.
United had planned to furlough nearly 3000 of its 13,000 pilots when money from the Cares Act would expire on Thursday.
The Cares Act provided a $50 billion bailout to keep United Airlines afloat.
Financial Focus for Sept. 28
TAKING A LOOK AT THE NUMBERS ONWALL STREET...DOW UP MORE THAN 1 PERCENT.NASDAQ UP NEARLY 2 PERCENT.SP500 UP MORE THAN 1 PERCENT.AND GAMING...BOYD UP NEARLY 4 PERCENT.CAESARS UP 2 PERCENT.MGM UP MORE THAN 2PERCENT.LAS VEGAS SANDS UP MORE THAN 1PERCENT.WYNN ALSO UP MORE THAN 1PERCENT RED ROCK RESORTS UPMORE THAN 2 PERCENT.FURLOUGHSUNITED AIRLINES HAS AGREED NOTTO FURLOUGH ANY OF ITS PILOTSUNTIL AT LEAST JUNE 20-21.THAT'S ACCORDING TO A PILOTSUNION EMAIL.UNITED HAD PLANNED TO FURLOUGHNEARLY "3 THOUSAND" OF ITS "13-THOUSAND" PILOTS WHEN MONEYFROM THE "CARES ACT" WOULDEXPIRE ON THURSDAY.THE CARES ACT PROVIDED A "50-BILLION" DOLLAR BAILOUT TO KEEPU-S AIRLINES AFLOAT.TONIGHT'S FINANCIAL FOCUS ISBROUGHT TO YOU BY "CLARK COUNTYCREDIT UNION"..