Branson's Virgin Orbit restarts, shares rocket
Billionaire Richard Branson’s Virgin Orbit will resume operations after halting work last week and closing in on deal with Texas-based investor for $200 million.
Fund managers worry systemic credit crunch could crash US markets
A Bank of America survey of fund managers shows that the threat of a systemic credit crunch is the newest threat to the market after two bank failures.
250-foot ship owned by Microsoft cofounder Paul Allen's estate tips over at Edinburgh, Scotland dockyard
The RV Petrel research ship owned by the estate of Paul Allen, the late Microsoft co-founder, has tipped over at a dry dock near Edinburgh, Scotland, injuring dozens.
Virgin Orbit nears deal to raise $200M from venture capital investor
Richard Branson's Virgin Orbit is reportedly close to a deal for a $200 million investment from investor Matthew Brown.
Nike sees year-over-year increase in revenue, drop in net income for third quarter
Nike’s results for the fiscal 2023 third quarter came out Tuesday afternoon and showed revenue rising and net income dipping compared to the same period last year.
Rolls-Royce secures funding to develop lunar nuclear reactor
Rolls-Royce announced it secured about $3.5 million in funding from the U.K. Space Agency to develop a nuclear reactor to power a base on the moon someday.
Big bank CEOs gather for long-planned meeting amid crisis
The leaders of major U.S. banks, including JPMorgan's Jamie Dimon and Bank of America's Brian Moynihan, are meeting this week for a regular quarterly gathering amid a banking crisis.
Delta launches pilot program to train next generation of aviators
Delta Air Lines is launching a program intended to train the next generation of pilots. This comes amid a time when the industry has been working around the clock to train pilots.
NHL taps fanatics as official jersey supplier, replacing Adidas
The move represents a deepening partnership between Adidas and the NHL, which over the past two decades has evolved to include e-commerce and retail operations, fan apparel, and more.
Google opens access to ChatGPT rival Bard
Google announced on Tuesday that access would open to its experiment Bard, an artificial intelligence tool that is powered by a research large language model.
Teenager dies after defibrillator on American Airlines flight wasn't charged, lawsuit alleges
A mother has filed a lawsuit against American Airlines claiming her son died last June after he became unconscious and the automatic external defibrillator on his flight was not charged.
Magic Johnson joins Josh Harris's group for Commanders bid: reports
Magic Johnson, who has stakes in multiple professional sports franchises, is reportedly joining Josh Harris's group bidding for Washington Commanders ownership.
New Starbucks CEO Laxman Narasimhan takes over for Howard Schultz
Laxman Narasimhan took over as the CEO of Starbucks two weeks earlier than expected. It comes just before Howard Schultz is set to appear before a U.S. Senate committee next week.
Elon Musk says Twitter will open source the code it uses to recommend tweets
Twitter CEO Elon Musk last week once again signaled that the social media giant would be making its algorithm for recommending tweets open source code.
Richard Branson's Virgin Orbit prepares for insolvency amid emergency funding requests
Richard Branson's Virgin Orbit is working Ducera and Alvarez & Marsal to draw up insolvency plans in case it cannot secure funding from investors, according to Sky News
Twitter sets automatic poop emoji response for all press requests
Twitter CEO Elon Musk tweeted out on Sunday that the company will now be automatically responding to email press requests with a single poop emoji.
Credit Suisse and banking crisis, Fed meeting, Nike earnings top week ahead
The future of First Republic Bank and Credit Suisse will dominate the headlines in the coming week ahead of the Federal Reserve's decision on interest rates.
Disney managers told to identify layoff candidates, with 4K job cuts expected by April: report
The Walt Disney Co. is reportedly planning to lay off at least 4,000 current employees in April after CEO Bob Iger announced a plan to cut 7,000 jobs as a cost-saving measure.
These are the worst airlines for cancellations, delays
The U.S. Department of Transportation released its December 2022 Air Travel Consumer Report on Thursday, ranking airlines on cancellation rates, on-time arrivals
Someone is sending paid food deliveries to an LA neighborhood, leaving residents uneasy: 'I don't trust it'
Los Angeles residents are trying to figure out why dozens of Uber Eats deliveries have been showing up on their doorsteps despite never being ordered by the residents.



















