Boeing pays $200 million but the former CEO pays only $1 million after receiving a $62 million golden parachute. He knew the planes were flawed yet publicly told people and investors they were fine and people died as a result:
https://npr.org/2022/09/22/1124617261/boeing-will-pay-200-million-to-settle-sec-charges-over-737-max-crashes
He should be in jail, but as we know corporations are “people” in the eyes of the law. Where does the buck stop? Nowhere. Or rather in this case it stops in this executive’s pockets.

I'm wondering if the employment/unemployment picture is becoming fragmented. There are many reports of large layoffs in businesses and financial operations which are large-scale operations. But, as Crash mentions, not so much in smaller local businesses, largely retail, restaurant, and other "service" type jobs.
I'm guessing that the overall employment picture may be more complex than is generally being reported. It may be that the reporting mechanisms were not designed to accurately reflect the situation that we have right now, and therefore don't give us sufficient granularity.

A critical mid-JUNE LOW-TEST day today, 9/23/22. Transports are already below, DJIA is so at the open, watch the other indexes in this live chart.
https://stockcharts.com/h-perf/ui?s=$SPX&compare=$COMPQ,$INDU,$TRAN,IWM&id=p57120171090

In a challenging economy, FedEx isn't delivering, and that has Wall Street worried.
Last quarter it processed fewer packages because of "weakening economic conditions," and operating income at FedEx Express fell by 69%, according to FedEx's latest earnings report, released on Thursday.
Expenses at its ground carrier were up, and now the company plans to raise its rates by about 7%, on average.
The company is going to take some of its aircraft out of service and scale back Sunday delivery. On top of that, it intends to close almost 100 retail locations and, like many companies right now, it plans to press pause on hiring until the economic uncertainty around the world clears up.
FedEx also says it faces "service challenges" in Europe, where a recession looks likely, and "macroeconomic weakness" in Asia, which continues to struggle from strict COVID lockdowns, as well.
While it provides a good read for two key parts of the economy, it also serves as reliable indicator of what may be coming down the road. FedEx's earnings contracted in a similar way during the last three recessions — in 2020, 2009, and 2001, according to analysts at Barclays.
Today, FedEx has a giant global footprint. It operates in more than 200 countries, and the Memphis-based company's half a million employees process more than 15 million shipments every day.

Working on my own circuit breakers. :)
Any particular brand? Dewars 12-year ain’t bad at under $30 in Michigan.

In addition to Boeing's $200 million penalty, Muilenburg will pay $1 million, but neither he nor the company admits to any wrongdoing.