Elon Musk’s SpaceX recorded another first for the space tourism industry on Saturday, returning four private citizens from orbit in a splashdown landing off the coast of Florida. The three-day trip was the first to carry a crew composed entirely of space tourists into orbit. After taking off on Wednesday from the Kennedy Space Center,
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Starting a business is a significant achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many common challenges every business faces, whether they are large or small. These include hiring the right people, building a brand, developing a customer base, and so on. However, some are strictly small business problems, ones most large
The first look at the crew in orbit, from left: Jared Isaacman, Hayley Arceneaux, Chris Sembroski, Sian Proctor. Inspiration4 Inspiration4, which launched with Elon Musk’s SpaceX on Wednesday evening, shared the first photos from day one in orbit and gave an up-close look at the expansive views of Earth from the spacecraft’s “cupola” window. The
Argentina’s Peronist president Alberto Fernández reshuffled his cabinet on Friday night in a move which increased the power of radical vice-president Cristina Fernández de Kirchner and paved the way for higher public spending. Tensions within the ruling Peronist bloc burst into the open after the centre-right opposition coalition scored its best result ever in last
UK business and energy secretary Kwasi Kwarteng was making emergency calls to some of Britain’s biggest energy groups on Saturday, as fears grow that four more suppliers could fail in the next 10 days as a result of record high gas and power prices. Five smaller suppliers have gone out of business since the start
Trading in the financial markets is stimulating, exciting, and engrossing. But you can become addicted, just like with actual casino gambling or using illicit drugs. Like any severe addiction, trading addiction can cost you socially and economically. In this article, we will talk about what causes trading addiction, the symptoms, and how to break out of the downward spiral.
[This webcast has ended. A replay is available above.] SpaceX broadcast a livestream from orbit on Friday, with the crew of the historic Inspiration4 mission giving an update during their second day in space. The company noted that it is targeting Saturday at 7:06 p.m. ET for splashdown of the Crew Dragon capsule Resilience, after
Ashtead, the British group best known for supplying diggers, generators and lighting to construction sites, is plotting a breakthrough in the Hollywood film business. Brendan Horgan, chief executive of the FTSE 100 group, is planning to expand its Canadian film equipment rental arm to Los Angeles and the US, the world’s biggest entertainment market, and
Competition in the UK mortgage market moved up a gear on Friday as the Co-operative Bank launched a record low two-year fixed rate deal, with an interest rate of 0.79 per cent. The deal from Platform, an arm of the Co-operative that lends via mortgage brokers, follows a spate of rate reductions from high street
If you are now struggling to make your mortgage payments, you’re not alone. According to ATTOM, one in every 12,700 homes is in foreclosure throughout the United States, as of May 2021. In Nevada, one in every 5,535 homes, while in Delaware, one in every 5,854 homes are in foreclosure. The coronavirus pandemic has led
Omari, a gaunt 23-year-old with a wispy beard and an Afghan special forces jacket, recalls the day when a group of preachers arrived at his madrassa in a village near Kabul. “They talked on the podium and preached about the value and necessity of jihad,” he said. “I had belief, strong belief. [They] led me
The Marriner S. Eccles Federal Reserve building in Washington, D.C., on Friday, Sept. 17, 2021. Stefani Reynolds | Bloomberg | Getty Images The Federal Reserve has a big meeting on tap next week, one that will be held under the cloud of an ethical dilemma and a policymaking committee that finds itself with fairly pronounced
Australia has been thrust into the limelight after signing a trilateral defence partnership with the US and the UK that is set to provide its navy with nuclear-propelled submarines. But the intention behind Aukus goes far beyond those submarines and Australia. The new pact is an essential building block in Washington’s attempts to prevent China
There’s a lot to know when seeking a personal loan. For example, how is a personal loan different from more familiar types like auto loans and mortgage loans? What can you use personal loans for? Are there any alternatives to personal loans? To get the answers to these and other questions, Investopedia spoke with Linda
Bill Franke has spent 20 years disproving Warren Buffett’s adage that airlines are a “death trap for investors”. But as a novice private equity executive touting his first fund in 2002, he struggled to persuade big investors and pension funds to pour money into a notoriously cyclical and unpredictable industry. “They were all like ‘not
In this article GSKY GS Sam Edwards | Getty Images The day before Goldman Sachs announced its $2.2 billion purchase of fintech lender GreenSky, someone placed options trades that immediately soared in value, moves that market participants say indicates advance knowledge of the deal. On Sept. 14, the trader bought 8,000 options that would only
Restrictions on international travellers entering England have been eased with the simplification of the “traffic light system” and the scrapping of tests before departure for those who have had two Covid jabs. Grant Shapps, transport secretary, said travellers who were fully vaccinated against coronavirus would, from the end of October, be able to replace the
After a period of rapid expansion, the Latin American banking sector has experienced slower growth in recent years because of political upheaval and plummeting commodity prices. While the future looks uncertain, major banks are hoping they can return to the double-digit annual growth they saw a decade ago. As of April 30, 2021, the largest
Australia has rejected Chinese and French criticism of Canberra’s decision to sign a defence pact with the US and UK to build nuclear-powered submarines, saying the “incredible uncertainty in the Indo-Pacific” made the deal a necessity. Peter Dutton, Australia’s defence minister, said the country would not be deterred from deepening its alliance with its western
Europe’s food industry is braced for disruption after a second fertiliser group closed plants, as the impact of the region’s gas shortage threatens to ripple through the supply chain. Norway’s Yara International said on Friday it would curb production at several facilities in the EU and UK, adding to the shuttering this week of two
As COVID-19 testing markedly expands under President Biden’s recently announced six-point national strategy, people who use at-home tests may be able to have their out-of-pocket costs covered in full. Key Takeaways The costs of home COVID-19 tests are eligible medical expenses, the IRS says, making them reimbursable under FSAs or HSAs and tax-deductible for some
Thailand aims to lure up to 1m wealthy residents and cash in on remote-working professionals uprooted by Covid-19 by offering long-term visas to foreigners who invest $250,000-$500,000 in property or government bonds. The visa scheme, unveiled by Prayuth Chan-ocha’s cabinet this week and subject to legal changes, will target “affluent global citizens”, wealthy pensioners, digital
The contest to replace Yoshihide Suga as Japan’s prime minister kicks off on Friday with a four-way battle between a US-educated champion of deregulation, a sceptic of neoliberal policies and two outspoken female politicians seeking to become the first woman to take the top job. With the Covid-19 crisis leaving the ruling Liberal Democratic party
Microsoft Corporation’s (MSFT) board has approved a $60 billion stock repurchase program, according to reports. The company also raised its quarterly dividend to 62 cents from the earlier 56 cents. The dividend will be paid out on Dec. 9 to persons who held Microsoft shares as of Nov. 18. The share repurchase program does not
The Federal Reserve said on Thursday it was reviewing its ethics guidelines for how senior officials can participate in financial markets, after conflict-of-interest questions were raised over the investment activities of two regional presidents. Fed chair Jay Powell ordered the review late last week following reports that Robert Kaplan, president of the Dallas Fed, and
This month the thorny topic of debt is creeping back, belatedly, on to the political radar in Washington. Last week Janet Yellen, Treasury secretary, warned that the US government will run out of money in October unless Congress raises the debt ceiling (or borrowing limit). Meanwhile the Biden administration is facing opposition as it seeks
L Brands Inc. (NYSE: LB) operated a specialty retail business focused on women’s intimate and other apparel, personal care, and beauty categories. Based in Ohio, the company was founded by Leslie “Les” Wexner in 1963. In 1982, L Brands, then known as The Limited Inc., was first listed on the New York Stock Exchange. Key
Acorns president David Hijirida Courtesy: Mo Osborne | Acorns Investing and savings app Acorns has hired a former Amazon executive and fintech CEO to lead day-to-day operations ahead of the start-up’s debut as a public company, CNBC has learned. The company is set to announce Wednesday that it named David Hijirida as president, according to
Taiwan and Japan have hailed the potential for a new security pact between Australia, the UK and US to offset an increasingly assertive China, even as France reacted with fury to Canberra’s cancellation of a $90bn submarine programme to agree the deal. The US allies said the new AUKUS partnership, under which Canberra will procure
Soaring gas prices have forced the closure of two fertiliser plants in the north of England in one of the first signs that a global supply crunch could force many energy-intensive industries to scale back activity this winter. New York-listed fertiliser group CF Industries Holdings is halting production at its plants in Billingham in Teesside and
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