Intuitive Machines first moon mission begins after SpaceX launch

Intuitive Machines first moon mission begins after SpaceX launch

A SpaceX Falcon 9 rocket carrying the Nova-C lander for the IM-1 mission launches from pad 39A at the Kennedy Space Center at 1:05 a.m. EDT on February 15, 2024 in Cape Canaveral, Florida. Paul Hennessy | Anadolu | Getty Images Texas-based Intuitive Machines’ inaugural moon mission began early Thursday morning, heading toward what could … Read more

Pay TV distributors are confused, concerned about sports joint venture

Pay TV distributors are confused, concerned about sports joint venture

A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images It’s been about a week since Disney, Warner Bros. Discovery and Fox announced a new joint venture to offer live sports outside the traditional cable bundle, and pay TV distributors are still trying to figure out … Read more

Jeep, Dodge-maker Stellantis’ profit slides as Detroit Three strikes bite

Jeep, Dodge-maker Stellantis’ profit slides as Detroit Three strikes bite

(L-R) United Auto Workers (U.A.W.) members Kaleb Delfine, Bryan Broecker, Michael Gatto and James Triplett picket outside the Jeep Plant on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images Global auto giant Stellantis on Thursday reported a 10% year-on-year fall in profit in the second half of 2023, as six-week strikes at … Read more

How Nescafé came to dominate the instant coffee market

How Nescafé came to dominate the instant coffee market

With American coffee drinkers increasingly opting for specialty items like espresso-based beverages and cold brews, U.S. instant coffee consumption has fallen, with just 4% of Americans choosing the quick-and-easy offering, according to the National Coffee Association. Overseas it’s a different story. Soluble coffee accounts for about a quarter of the beverage consumed globally, according to … Read more

Richard Branson, Oppenheimer grandson urge action on AI, climate

Richard Branson, Oppenheimer grandson urge action on AI, climate

Richard Branson believes the environmental costs of space travel will “come down even further.” Patrick T. Fallon | AFP | Getty Images Dozens of high-profile figures in business and politics are calling on world leaders to address the existential risks of artificial intelligence and the climate crisis. Virgin Group founder Richard Branson, along with former United … Read more

Twilio begins Segment operational review after activist attention

Twilio begins Segment operational review after activist attention

Jeff Lawson, (C) Founder, CEO, & Chairman of Communications software provider Twilio Inc., rings the opening bell to celebrate his company’s IPO at the New York Stock Exchange in New York City, June 23, 2016. Brendan McDermid | Reuters Twilio announced alongside its fiscal fourth quarter earnings on Wednesday it would begin an operational review … Read more

Varda drug spacecraft gets FAA approval to return

Varda drug spacecraft gets FAA approval to return

Varda’s first manufacturing satellite and reentry vehicle attached to a Rocket Lab Photon bus. Rocket Lab Space startup Varda received long-awaited approval from the Federal Aviation Administration to bring its first spacecraft back to earth after a stint manufacturing drugs in space. Varda’s small W-Series 1 capsule, or W-1, has been stuck in orbit since … Read more

Mortgage rates surge higher again, causing homebuyers to pull back

Mortgage rates surge higher again, causing homebuyers to pull back

Rooftops of homes in a gated residential community are seen in Pico Rivera, California on January 18, 2024.  Frederic J. Brown | AFP | Getty Images After a brief reprieve in December and January, mortgage rates are moving higher again, and that is taking its toll on mortgage demand. Total mortgage application volume fell 2.3% … Read more

Lyft CEO takes blame for ‘extra zero’ in Q4 earnings release

Lyft CEO takes blame for ‘extra zero’ in Q4 earnings release

Lyft CEO David Risher took responsibility for the major error that appeared in the company’s fourth-quarter earnings release late Tuesday, telling CNBC’s “Squawk Box” that it’s “super frustrating” for everyone on the team. Shares of the ride-sharing company soared more than 60% after the report first came out because the press release said Lyft would … Read more

Mark Zuckerberg comments on Apple’s Vision Pro

Mark Zuckerberg comments on Apple’s Vision Pro

Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. 6, 2016. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg shared his opinion of Apple‘s new mixed reality headset, the Vision … Read more