In this article RDW BKSY SPIR RKLB Pete Cannito, Redwire Corporation at the New York Stock Exchange, September 8, 2021. Source: NYSE Private investment in space companies hit $3.9 billion in the third quarter, propelling this year to a new annual record of $10.3 billion, according to a report this week by New York-based firm
RJ Sangosti/MediaNews Group/The Denver Post via Getty Images | Denver Post | Getty Images People pursuing public service loan forgiveness know how difficult the program can be to successfully navigate. Less than 5% of those who’ve applied for the relief have been approved. The U.S. Department of Education announced that it would be giving borrowers
A look at a company that recycles and reuses Lithium-ion batteries… American Battery Technology Company,
A customer uses a SumUp payment card reader in Lisbon, Portugal, on Sept. 13, 2019. Angel Garcia | Bloomberg via Getty Images LONDON — SumUp, a U.K.-based payment processor, has acquired marketing start-up Fivestars in a bid to expand its reach across the U.S. and take on giants like PayPal and Square. The company said
A foreclosure sign in front of a house in 2007. Getty Images Foreclosures are starting to surge as government and private sector programs designed to help homeowners deal with the economic fallout of the Covid-19 pandemic have begun to expire. Mortgage lenders began the foreclosure process on 25,209 properties in the third quarter, a 32%
A Tesla salesperson (L) speaks to a visitor as they sit in a Tesla Model Y car at a Tesla showroom in Beijing on January 5, 2021. Wang Zhao | AFP | Getty Images BEIJING — Tesla took two of the top three spots for best-selling electric car models in China, industry data for the
In this article WBA Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of her fraud trial, outside Federal Court in San Jose, California. September 8, 2021. Nick Otto | AFP | Getty Images SAN JOSE, CALIF. — A defense attorney for embattled Theranos
[The livestream is set to begin at 8:30 a.m. ET. Please refresh the page if you do not see the web player above.] Jeff Bezos’ Blue Origin is set to launch its New Shepard rocket for the fifth time this year on Wednesday, and Canadian actor William Shatner will join the second crewed spaceflight for
Greg Abbott, governor of Texas, speaks during a news conference in Mission, Texas, on Wednesday, Oct. 6, 2021. Sergio Flores | Bloomberg | Getty Images U.S. Education Secretary Miguel Cardona said that he disagrees with Texas Gov. Greg Abbott’s move to ban nearly any coronavirus vaccine mandates in the state. That’s because the move will
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters U.S. stock futures were little changed Wednesday night after the S&P 500 snapped a three-day losing streak as companies kicked off the quarterly earnings season. Dow Jones Industrial Average futures fell 0.01%. S&P 500 and Nasdaq 100 futures inched up
Under the House Ways and Means plan to raise taxes on corporations and individuals, the integrated tax rate on corporate income would increase from 47.4 percent to 56.6 percent—the third highest in the OECD. To reduce this burden, policymakers could explore integrating the individual and corporate tax systems. Several developed countries have done this to
frantic00 | iStock | Getty Images DUBAI, United Arab Emirates — Dubai’s economy contracted by 10.9% year-on-year in 2020, data from the Dubai Statistics Center revealed, reflecting a city hit hard by the coronavirus pandemic and the halting of global travel. The commercial capital of the United Arab Emirates, Dubai is home to 3.4 million