Amazon set to launch Project Kuiper satellite internet prototypes
United Launch Alliance Atlas V rocket carrying the first two demonstration satellites for Amazon’s Project Kuiper broadband internet constellation stands ready for launch on pad 41 at Cape Canaveral Space Force Station on October 5, 2023 in Cape Canaveral, Florida, United States. Paul Hennessey | Anadolu Agency | Getty Images Your Amazon order of satellite […]
Virgin Galactic completes Galactic 04, its fifth spaceflight in five months
Virgin Galactic Holdings Inc. completed its Galactic 04 mission Friday, the company’s fifth spaceflight in five months. The Galactic 04 mission also marked the company’s fourth commercial spaceflight, its fifth spaceflight in 2023 and its ninth spaceflight in total. Related: Virgin Galactic set for Galactic 04 mission, its fifth spaceflight in five months The spaceflight […]
NBA on Netflix? Media rights fight could change industry
Jimmy Butler #22 of the Miami Heat dribbles against Jamal Murray #27 of the Denver Nuggets during the fourth quarter in Game Five of the 2023 NBA Finals at Ball Arena on June 12, 2023 in Denver, Colorado. Justin Edmonds | Getty Images Sport | Getty Images The National Basketball Association’s upcoming decision on which […]
Bond yields rise before U.S. jobs data
U.S. bond yields crept upwards Friday ahead of the September employment report. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y was 5.05%, up 2.9 basis points. The yield on the 10-year Treasury BX:TMUBMUSD10Y was 4.74%, up 3.1 basis points. The yield on the 30-year Treasury BX:TMUBMUSD30Y was 4.91%, up 2.5 basis points. What’s driving […]
Taylor Swift Eras Tour film surpasses $100 million in ticket sales
Taylor Swift: The Eros Tour movie promotional image Taylor Swift’s Eras Tour concert film is already a $100 million blockbuster — and it hasn’t even hit theaters yet. AMC announced Thursday that global advance ticket sales for the pop singer’s movie surpassed the jaw-dropping threshold this week. “Taylor Swift: The Eras Tour” is set to […]
Tian Tu Capital Shares Fall on Hong Kong Debut
By Jiahui Huang Tian Tu Capital shares opened lower on their debut in Hong Kong, failing to provide an initial pop as investor sentiment remained cautious in an uncertain market. Shares of the Chinese private-equity investor and fund manager slid as much as 17% to 5.39 Hong Kong dollars a share on Friday. Shares were […]
Reusable rocket startup Stoke Space raises $100 million
The company’s prototype vehicle “Hopper2” flies during a low-altitude launch and landing demonstration on Sept. 17, 2023 in Moses Lake, Washington. Stoke Space Washington-based startup Stoke Space raised $100 million in new funds, the company announced Thursday, as it aims to develop a fully reusable rocket called “Nova.” Stoke’s latest investment round was led by […]
Why borrowing costs for nearly everything are surging
Federal Reserve Board Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, D.C., on July 26, 2023. SAUL LOEB | Getty Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as concerns about […]
Exxon near $60 billion deal to buy Pioneer Natural Resources: report
Exxon Mobil Corp. is close to a deal to buy shale-drilling company Pioneer Natural Resources for about $60 billion, the Wall Street Journal reported late Thursday. Citing sources familiar with the matter, the Journal said the deal could be finalized in the coming days. The Journal had reported in April that the two companies had […]
Levi Strauss (LEVI) earnings Q3 2023
Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss on Thursday cut its full-year sales forecast, as it missed Wall Street’s quarterly revenue expectations and was dragged down by weaker shopping trends at department stores and big-box retailers across the U.S. Shares fell slightly in extended trading. The company’s more cautious […]
