The truce in the trade dispute between the U.S. and China should boost rattled financial markets, at least through the year’s end, experts say. But the stock market’s recent wild gyrations likely will persist as the two countries strain to reach a permanent accord. “The all-clear sign hasn’t flashed yet but it’s certainly positive news,” […]
As Virgin Galactic gets closer to its first suborbital flights into space, a potential change in terminology could make it easier for the company to achieve that milestone. In an interview with CNN published Nov. 30, Virgin Galactic founder Richard Branson said the company was within weeks of flying its SpaceShipTwo suborbital spaceplane into space. […]
Fallen auto industry magnate Carlos Ghosn can stay in a Tokyo detention center for another 10 days, following an extension approved Friday by Japanese authorities. Arrested two weeks ago on suspicion of underreported income and other potential financial crimes, Ghosn will be released on December 10th if authorities fail to lay charges — though no […]
A couple days ago, Curiosity woke up to the song Please would you be my neighbor from Mr. Rogers, that being a greeting for the newly arrived InSight rover. Following that, NASA researchers explain, Curiosity got to work at Mars’ Highfield drill site, where it will dump a sample. The rover, which has been rolling […]
The federal government took a new step this week to reduce avoidable hospital readmissions of nursing home patients. The move targets the homes’ bottom lines by lowering a year’s worth of payments to nearly 11,000 nursing homes, and giving bonuses to nearly 4,000 others. These financial incentives, determined by each home’s readmission rates, significantly expand […]
The launch of Expedition 58 may be one of the last for U.S. astronauts aboard Russian Soyuz rockets. On Dec. 3, NASA astronaut Anne McClain is expected to take her first spaceflight aboard Soyuz, as every U.S. astronaut has done since 2011. But starting as early as next year, U.S. astronauts will climb on board […]
When AT&T’s WarnerMedia-themed streaming service arrives in late 2019, you may have to think about how much you want — not just whether or not you want it in the first place. In a presentation discussing its 2019 strategy, the company noted that there would be three plans offering varying levels of content. The “entry” […]
Honeywell is moving its headquarters to North Carolina from Morris Plains, New Jersey, three years after the company accepted tax credits that could be worth as much as $40 million to stay in the Garden State. In an announcement released on Friday, the company said it plans to bring about 500 jobs to its new […]
When OPEC reached a deal with Russia and other producers in 2016 to end a two-year oil price slump, it was a relatively straightforward affair. The alliance announced it was slashing output, each country agreed to a specific production quota and international oil prices rallied about $7 a barrel. Heading into next week’s OPEC meeting, […]
West Texas Intermediate yesterday fell to US$50 a barrel, after the Energy Information Administration reported yet another weekly inventory build with production at record highs, making the United States the biggest oil producer globally. Under other demand circumstances, this would have been cause for celebration. But with demand prospects lukewarm, traders rushed to the exit […]
NASA announced the names of companies who’d be able to bid on contracts for lunar exploration projects as part of its Commercial Lunar Payload Services at a press conference today. Last year, the Trump administration signed Space Policy Directive 1, which authorized NASA to return humans to the surface of the Moon before people are […]
General Motors President Dan Ammann is taking over as CEO of the automaker’s Cruise autonomous vehicle unit, the company said Thursday. Current CEO and co-founder Kyle Vogt will become chief technology officer and president. The changes will take effect on January 1, 2019, the company said. “These appointments further demonstrate our commitment to transforming mobility […]
