SpaceX likely won’t hit July target for orbital test of Mars rocket
SpaceX has been targeting July for the first orbital flight of its gargantuan Starship system, which will be the most powerful launch vehicle ever…
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MacKenzie Scott is giving away another $2.74 billion
MacKenzie Scott, one of the richest women in the world, and her husband Dan Jewett, donated $2.74 billion to organizations that focus on the arts and…
Continue ReadingHe has 7 million TikTok followers. Now he’s launching his own skincare line
Hyram Yarbro already helped make one skincare brand popular with Gen-Z. Now, Sephora is betting he can do it with his own. Yarbro, who has a nearly…
Continue ReadingCEOs signal stronger hiring plans than after the Trump tax cuts
Corporate America wants to hire workers aggressively as the US economy races back to life following the pandemic. The Business Roundtable, an…
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Oregon unemployment rate holds steady as state adds 6,900 jobs in May
Oregon’s unemployment rate was 5.9% in May, the same as the revised rate in April, the Oregon Employment Department reported Tuesday. This was the…
Continue ReadingDraftKings tumbles after research firm alleges black market ties
Shares of sports betting giant DraftKings tumbled in early trading Tuesday after a prominent research firm accused the company of hiding alleged ties…
Continue ReadingKey inflation indicator records biggest jump on record
Another key inflation indicator flashed a warning sign in May: Producer prices jumped a record amount last month. The economy is reopening fully and…
Continue ReadingIKEA fined $1 million for spying on workers in France
A French court has ordered IKEA to pay a €1 million ($1.2 million) fine after finding the Swedish retailer guilty of improperly using employee…
Continue ReadingAustralia and the United Kingdom announce post-Brexit trade deal
Australia and the United Kingdom announced a free trade agreement Tuesday as Britain begins to forge new economic relationships following its…
Continue ReadingBest Buy wants to sell you luggage and outdoor grills
Best Buy wants to sell you a new outdoor grill for summer cookouts, a backpack for a return to the office, and luggage for future vacations as it…
Continue ReadingLordstown Motors stock plunges after CEO and CFO resign
The news just keeps getting worse for Lordstown Motors. The troubled electric truck maker said Monday that its CEO and chief financial officer were…
Continue ReadingSPACs could stage a summer comeback
Special-purpose acquisition companies, or SPACs, were one of the stock market’s hottest trends in early 2021, drawing in billionaires,…
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US and Europe end Airbus-Boeing dispute as they eye threat from China
The United States and the European Union have resolved a long-running trade dispute over subsidies to Airbus and Boeing, a move that could improve…
Continue ReadingUS and EU poised to end Airbus-Boeing dispute as they eye threat from China
The United States and the European Union are poised to resolve a long-running trade dispute over subsidies to Airbus and Boeing, a move that could…
Continue Reading160-year-old corporate giant is getting a serious makeover
A once-in-century pandemic. Political polarization. The fight for social justice. An existential climate crisis. The modern CEO faces a minefield of…
Continue Reading‘So… how ya been?’: Stephen Colbert welcomes an audience back to ‘The Late Show’
Stephen Colbert has come a long way since doing a monologue in a bathtub. The host welcomed back a full house to the Ed Sullivan Theater, home of…
Continue ReadingIKEA, Lenovo and many more businesses still have products stuck in the Suez Canal
The Ever Given is no longer blocking the Suez Canal, but the crisis is far from over for companies forced to endure a protracted legal battle in…
Continue ReadingMyanmar releases US journalist Nathan Maung, who was allegedly tortured in prison
American citizen Nathan Maung, who has been detained in Myanmar since March 9, was released and deported to the United States on Tuesday after…
Continue ReadingAustralia and the United Kingdom are set to announce a post-Brexit trade deal
Australia and the United Kingdom are set to announce a free trade agreement Tuesday as Britain continues to forge new economic relationships…
Continue ReadingNews coverage balances vaccination progress with continued pandemic pain
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Another biotech…
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