Rocket Lab, a space company known for its iconic Electron rocket, has been making significant progress in the development of its new vehicle, Neutron. Despite that, the company reported a net loss of $50.5 million in the fourth quarter, indicating a widening loss year over year. The full-year loss also increased by a considerable amount,
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The recent announcement of Capital One’s $35.3 billion takeover of Discover Financial has sparked discussions and debates within the credit card industry. JPMorgan Chase CEO Jamie Dimon has shared his views on the potential implications of this mega-deal and how it may affect the competitive landscape. In this article, we will analyze Dimon’s comments and
Airlines such as United Airlines, American Airlines, and JetBlue Airways have recently raised their prices for checking bags. The cost of checking a bag now depends on whether you pay in advance online or at the airport. Carriers are incentivizing customers to pay for baggage ahead of time to streamline the check-in process and reduce
Intuitive Machines, a Houston-based company, experienced a significant boost in its stock value after the successful landing of its Nova-C cargo moon lander on the lunar surface. The mission, known as “Odysseus,” marked a historic moment as the first privately developed spacecraft to land on the moon and the first U.S. spacecraft to soft-land on
Intuitive Machines is aiming to make history by attempting to reach the moon’s surface, which would mark the first American lunar landing since the Apollo era. The mission, known as IM-1, is set to soft land near the moon’s south pole. The spacecraft has been performing as expected, with good readings and the engine functioning
Boeing, the aerospace giant, has made a significant move by replacing the head of its 737 Max program. The decision comes in the aftermath of a panel blowout incident that occurred during an Alaska Airlines flight. This incident not only led to a brief grounding of the aircraft but also raised concerns about the company’s
A coalition of unions has recently criticized Starbucks for its handling of the ongoing union movement among its employees. The Strategic Organizing Center argues that the coffee giant has implemented a flawed human capital management strategy, leading to reputational risks, diminished shareholder returns, and alienated customers. The group plans to replace three current Starbucks board
Bridgit Mendler, known for her roles in Disney Channel shows and as a singer, is now making waves in an unexpected industry – the space sector. With a background in engineering and a passion for space law, Mendler has embarked on a new journey as the CEO of startup Northwood Space, located in El Segundo,
In a recent development, Carl Icahn has successfully won his push for seats on JetBlue Airways’ board of directors. This news comes after he disclosed a nearly 10% stake in the New York-based airline and revealed talks for board representation. Two new directors, Jesse Lynn and Steven Miller, have been appointed, both associated with Icahn
Starbucks, the global coffee giant, has introduced a revolutionary store design aimed at promoting accessibility and inclusion for all customers. The company recently opened its first location with the new design in Washington, D.C.’s Union Market. This innovative initiative, which took around two years to develop, brings together practical design elements that cater to individuals