this is your business report i'm stephen beard's in berlin it's good to have you with us. another 3000000 workers in the u.s. filed for unemployment benefits last week adding to the staggering number of jobless in the country but continuing the downward trend the 1st filings more than 36000000 workers in the u.s. have filed for the benefits since the beginning of the pandemic and some u.s. states close to a quarter of the labor force is unemployed and more states have begun reopening businesses in recent days. meanwhile in the struggling airline industry delta airlines saying it will retire all 18 of its flagship long haul boeing 777 jetliners as it races to cut costs and delta says it expects international travel to return only slowly most of its planes are parked on runways and it says that when demand does come back it's going to look to smaller more fuel efficient airliners made by boeing's european rival air bus to serve those major international routes. or at let's bring in our wall street correspondent yens korda in new york. let's start with these job numbers out o

this is your new business report i'm stephen beard's in berlin it's good have you with us $100000000.00 that's the reported value of spotify has exclusive licensing deal with one of the world's most popular podcasts the joe rogan experience is expected to bring millions of listeners to the audio platform driving ad revenue and subscriptions now it's the latest move by spotify to strengthen its podcast portfolio to purchase 3 production companies last year and paid almost $200000000.00 for sports media company the ranger earlier this year. let's go to our financial correspondent ends court in new york yes that's a massive sum of money $100000000.00 for a podcast what can you tell us who is joe rogan and how is the podcast worth this much. well pretty much she is the most successful pop koester in the united states was roughly $190000000.00 downloads each month and he's estimated through sponsorships and other kinds of. income that he made about $30000000.00 just past the year he is a bit of a controversial figure he talks to everybody on the left and on the right to people from the enter

let's get more on this from stephen beard live from business welcome stephen so tell us more than about this do. 1000000000 euros here of that about 3000000000 euros would be state aid in the form of a loan coming from state bank the 6000000000 euros would be through the purchases of share that's about a 20 percent stake in the company what's interesting is that those shares will be so-called silent participation shares that means that there will be an agreement that basically says that even though you own this much shares you're generally not going to vote on the daily operations in addition to that there is what's called a convertible bond that's debt that can be turned into a share purchase in this case of a of an additional 5 percent of tonnes of shares plus one that gives it is important that gives it what's known as a blocking minority of shares and that means that it can overrule a major move by other shareholders in this case both sides say that would only be exercised in the event of a hostile takeover that's really why berlin wants to intervene in the 1st place that's why it w

. >> stephen: i'm on it. >> or a beard or something. you put it on the tongue depressor. d adhesive googly eyes. because i didn't want the glue-- i didn't want the eyes to get lost in my jar of hair. normally, these are my googly eye s. >> stephen: i'm off to a goof . >> it's like a pray animal. it has eyes on the side of its head. what do you have in your jar? >> stephen: i don't have-- i didn't know i was supposed to have a jar of hair. could you get me some scissors? >> sure. >> stephen: john's going to get me some scissors. i'll take some of my hair. >> really. >> stephen: i have a lot of hair. >> stephen... stephen -- >> stephen: i have the tufts back there. john, cut off a little bit of my hair, will you, just a little tuft. just a tuft right there. >> john, are you doing it all. john you probably don't -- >> stephen: there gu. okay. all right. so i'll put a-- i'll put a little on top here. >> okay. >> stephen: oh, god! >> oh, my god! ( laughing ). >> it's not easy! >> stephen: don't tell your mom. don't-- >> it really isn't easy. >> stephen: okay. i'm-- i'm going--

. >> stephen: (waking up) how long was i out? do i have a beard? at's how slowly obama talks when he feels a sense of urgency-- which explains the failure of the barack obama brand smoke alarm. >> beep... uh... beep, beep. look. uh... fire. >> stephen: not all this administration's bad ideas have to do with the pandemic, some of it has to do with old bad ideas. even though it adds half a billion to the cost, trump is pusher to have his border wall painted black. if it's blafnlgt trump can blame it for his problems. i want to see the long form wall certificate. i heard it was built in kenya. trump has a good sinister reason to paint the wall black. in recent meetings, he's been insisting that the dark color will enhance the wall's forbidding appearance. sure, it may deter the mexicans, but you're just going to attract the goths. but it's not just appearance. trump hopes that painting it black will result in the hot sun making "the steel too hot to touch during summer months." so, it should work, as long as immigrants don't discover night. trump's pla