Business

SpaceX launches 40 OneWeb satellites into orbit, lands on rocket

SpaceX launches 40 OneWeb satellites into orbit, lands on rocket

SpaceX launched a big batch of OneWeb internet satellites into orbit Thursday evening (December 8) in a mission supporting a megaconstellation competitor after OneWeb’s own launch plans were derailed by the invasion of the Ukraine by Russia. A Falcon 9 rocket carrying 40 OneWeb satellites launched from NASA’s Kennedy Space Center (KSC) in Florida at …

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Tesla's troubles mount as Elon Musk is distracted by Twitter

Tesla’s troubles mount as Elon Musk is distracted by Twitter

(Bloomberg) — As Elon Musk is busy revamping newly acquired Twitter Inc., Tesla Inc. is facing increasingly pressing issues and testing the faith of some of its chief executive’s biggest fans. Bloomberg’s Most Read Weakening demand in China is forcing the electric vehicle maker to slow production and delay hiring at its Shanghai plant. Its …

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Hasbro Strongly Refutes Claims It's 'Destroying' Magic: The Gathering

Hasbro Strongly Refutes Claims It’s ‘Destroying’ Magic: The Gathering

In November, Bank of America analysts released a rare double downgrade for Hasbro stock, saying the gaming giant was “destroying the long-term value” of its Magic: The Gathering marks by overprinting the cards. On Thursday, CEO Chris Cocks and Wizards of the Coast President Cynthia W. Williams strongly pushed back against those claims. The executives …

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Mortgage rates fall for the fourth consecutive week |  CNN Business

Mortgage rates fall for the fourth consecutive week | CNN Business

CNN — Mortgage rates fell again this week, falling for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6.49% the previous week, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen for most of 2022, …

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Find a new job in 60 days

Find a new job in 60 days

Tech workers are facing widespread layoffs, a difficulty especially for immigrants who depend on tech companies for work visas. Sukanya Sitthikongsak/Getty Images hide caption toggle caption Sukanya Sitthikongsak/Getty Images Tech workers are facing widespread layoffs, a difficulty especially for immigrants who depend on tech companies for work visas. Sukanya Sitthikongsak/Getty Images What if you lost …

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FTX founder Sam Bankman-Fried set to face market manipulation probe

FTX founder Sam Bankman-Fried set to face market manipulation probe

Federal prosecutors are investigating whether FTX founder Sam Bankman-Fried manipulated the market for two cryptocurrencies last spring, causing them to crash and creating a domino effect that ultimately caused his own exchange to implode. cryptocurrency last month, according to two people with knowledge of the matter. US prosecutors in Manhattan are investigating the possibility that …

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big moon lander in art, against a hill on the moon. an astronaut stands next to it to show the vast size difference

NASA’s new lunar lander competition heats up with Blue Origin, Northrop Grumman

NASA’s latest lunar lander competition round saw a huge shake-up of the team. In the second Human Landing Systems (HLS) bidding process, former collaborators Northrop Grumman and Blue Origin are now part of different teams vying for the lunar transport of future astronauts under the Artemis program. And this time, SpaceX is not among the …

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