Business

Virgin Galactic lands second Unity spacecraft rocket flight

Virgin Galactic took another step on Tuesday toward beginning commercial operations with its latest test flight, only 54 days after its last launch went supersonic. Richard Branson’s space tourism company completed the second rocket-powered flight of its Unity spacecraft — launching along with landing via the Mojave Air along with Space Port inside the California desert. Virgin Galactic said in ...

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tiny businesses need to raise pay

tiny businesses should focus on trying to pay more in order to attract hard-to-find workers, Paychex CEO Martin Mucci told CNBC on Tuesday. “The dollars by tax reform are going to earnings growth as well as to capital investment as opposed to the wage growth,” he said. “that will’s going to have to give to be able to bring these ...

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Royal Bank of Scotland’s chief financial officer resigns

Royal Bank of Scotland said on Wednesday its chief financial officer has resigned by his role as well as also which which will start looking for a successor immediately. The effective date of departure for Ewen Stevenson, who will be also resigning as executive director, will be confirmed in due course. Stevenson resigned to take up an opportunity elsewhere, the ...

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Flyers are actually more satisfied with (most) airlines within the US.

Andrew Harrer | Bloomberg | Getty Images Airline passengers at Ronald Reagan National Airport (DCA) in Washington, D.C. Airlines’ social media mentions are usually full of travelers’ frequent frustrations: a downgrade, a missed connection, a refund. yet air travelers are feeling more satisfied with airlines in North America, according to a survey released Wednesday by J.D. Power & Associates. The ...

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Tesla in Autopilot mode hit a parked California police car

Source: Laguna Beach Police Department A Tesla sedan driving outbound on Laguna Canyon Road in “autopilot” collides having a parked Laguna Beach Police Department vehicle. Authorities say a Tesla sedan in Autopilot mode has crashed into a parked police cruiser in Southern California. Police Sgt. Jim Cota says the officer was not inside cruiser during the crash Tuesday in Laguna ...

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Virgin Galactic is actually ‘2 or 3’ flights away by space

Branson said Tuesday he could imagine the pilots’ reaction as he watched the spaceship blast skyward “straight up in front of us.” “When you are talking about going by naught to 3,500 mph in 8 seconds straight up — there will be no ride anywhere inside entire world which will be like the item,” Branson said. He said he believes ...

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Hyatt Hotels CEO on his company’s plans for China

Hyatt Hotels will more than double its revenue via China over the next several years as the hotel chain seeks to gain a firmer foothold from the burgeoning hospitality market, the company’s president as well as CEO said. “If I look over the next four, several years, we will fully double our presence here moving via the 58 hotels or ...

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China’s Ant Financial raises $10 billion at $150 billion valuation

Malaysian sovereign fund Khazanah Nasional Bhd has also joined as a major investor, one of the people said. The funding round also brought in private equity firm Carlyle Group LP as well as venture capital firm Sequoia Capital, which typically invests in early-stage start-ups, three of the people said. The amount as well as investor line-up are finalized as well ...

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Moody’s warns of possible Italy downgrade

Moody’s said on Tuesday the item would likely downgrade Italy if the fiscal policies of the next government were unable to place the country’s public debt ratio on a sustainable downward trend. The political developments of the last few days have no bearing on Friday’s decision to place Italy’s ratings under review for downgrade, the credit rating agency said. The ...

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Fortnite developer reportedly sued by PUBG Corp

“Fortnite” developer Epic Games is usually facing a copyright violation lawsuit via PUBG Corp, the creator of “PlayerUnknown’s Battlegrounds,” according to a report. PUBG Corp, a subsidiary of South Korean developer Bluehole, is usually suing Epic Games to determine whether “Fortnite” was copied directly via its own game, The Korea Times reported, citing an unnamed PUBG official. Epic Games declined ...

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