Good Day, Bad Day
December 12, 2007
GOOD DAY FOR: Hopes and dreams, after Boeing sought to allay concerns over its 787 Dreamliner, reaffirming that it will deliver the first of the planes by the end of next year. The 787 is the fastest-selling commercial jet in history, but its production has been beset by problems in the global network of suppliers designing and building parts. (The New York Times, free registration required)
BAD DAY FOR: Planning ahead, after a new study by the Government Accountability Office predicts that more than a third of U.S. workers retiring in the 2050s won’t have any funds invested in 401(k)-type retirement accounts. The GAO also forecasts that on average, workers born in 1990 will only have enough saved to cover 22 percent of their preretirement income, or about $18,800 a year. (MarketWatch)
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