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Fifty years after the blastoff of the Apollo 11 mission, which successfully delivered humans to the surface of the moon for the first time, a global race is in hyperdrive to stake both national and commercial claims to the lunar surface – and to what’s below and even beyond it. This week, India postponed the […]

Tesla is cutting the price of the Model 3, as it aims to make its best-selling product more affordable, and is discontinuing versions of other vehicles. Tesla said on Monday that it’s reducing the price of the Model 3 by $1,000 to $38,990. The company will no longer sell the standard range versions of the […]

IKEA plans to close its only U.S. factory site and shift operations to Europe. The Swedish furniture company’s Danville, Virginia, manufacturing facility will close in December, cutting about 300 jobs, The Wall Street Journal reported. IKEA produces wood-based products like the KALLAX shelves and BESTA storage units at the 930,000-square-foot facility, which opened in 2008. […]

Apollo 11 was a rousing success and astronauts Neil Armstrong and Buzz Aldrin were able to walk on the Moon and ultimately, return to Earth. But what would happen if they couldn’t come back? President Richard Nixon, who delivered a message to Armstrong, Aldrin and Michael Collins after the successful lunar landing, also asked his […]

China must uphold “the spirit of struggle” in defending national interests in its current trade war with the US, the country’s commerce minister, who recently joined the negotiations, said. Zhong Shan, who took part in a telephone conversation with the leaders of the US negotiation team last week, made clear that the US side should […]

Altaire Pharmaceuticals, Inc., is expanding its nationwide recall of eye drops. The most recent additions to the list are 30 different store brand eye care products sold at CVS. According to the recall notice posted by the FDA, specific lots are being recalled because the manufacturer cannot guarantee the products are sterile. Altaire said it […]

SpaceX held a press conference on Monday to discuss the results of a months-long investigation conducted by itself and NASA into an anomaly that took place during a static fire test in April. The investigation found that the “anomaly” that occurred during the test was the result of oxidizer mixing with the helium component of […]

Tesla Inc (TSLA.O) has dropped the standard-range variants of its Model X and Model S from its product lineup and adjusted prices across its range, in a sales push that comes days after the U.S. electric vehicle maker reported record deliveries. To simplify its offerings, the automaker on Tuesday limited variants of its Model X […]

The Trump administration may start approving certain U.S. companies to sell their products to China’s Huawei Technologies Co. in as soon as two weeks, Reuters reported Sunday. U.S. chipmakers, including Qualcomm Inc. QCOM, +1.61% Intel Corp. INTC, +2.72% and Micron Technology Inc. MU, +2.37% have reportedly pushed to resume sales to the Chinese tech giant, […]

India aborted the launch on Monday of a spacecraft intended to land on the far side of the moon less than an hour before liftoff. The Chandrayaan-2 mission was called off when a “technical snag” was observed in the 640-ton, 14-story rocket launcher, Indian Space Research Organization spokesman B.R. Guruprasad said. The countdown abruptly stopped […]