Virgin Galactic inventory plunges after refurbishment delays spaceflight exams to 2022

Virgin Galactic inventory plunges after refurbishment delays spaceflight exams to 2022

[ad_1] Virgin Galactic pilots stroll to the corporate’s SpaceShipTwo Unity spacecraft, connected to the jet provider plane Eve. Virgin Galactic Virgin Galactic inventory plunged in buying and selling on Friday after the corporate mentioned it will delay any spaceflights to subsequent 12 months because it refurbishes its automobiles. Whereas Virgin Galactic hoped to fly its … Read more

Chip scarcity may persist for one more 2 to three years, main Chinese language client items maker warns

Chip scarcity may persist for one more 2 to three years, main Chinese language client items maker warns

[ad_1] QINGDAO, China — The worldwide chip scarcity may persist for one more two to a few years earlier than ending, the President of Hisense, considered one of China’s largest TV and family items makers, advised CNBC. Industries from client electronics firms to automakers are dealing with a shortage of semiconductors. This has led to … Read more

NHL began its $1 billion take care of ESPN and Turner Sports activities – this is how many individuals watched the season openers

NHL began its $1 billion take care of ESPN and Turner Sports activities – this is how many individuals watched the season openers

[ad_1] Pittsburgh Penguins middle Evan Rodrigues (9) has a break free and Tampa Bay Lightning goaltender Andrei Vasilevskiy (88) makes a save in the course of the NHL Hockey match between the Tampa Bay Lightning and Pittsburgh Penguins on October twelfth, 2021 at Amalie Area in Tampa, FL. Andrew Bershaw | Icon Sportswire | Getty … Read more

Second-largest U.S. mortgage lender ditches its plan to simply accept funds in bitcoin

Second-largest U.S. mortgage lender ditches its plan to simply accept funds in bitcoin

[ad_1] U.S. homebuyers apparently aren’t all that keen on paying their mortgages in cryptocurrencies like bitcoin. United Wholesale Mortgage, which made its public debut in January through a particular goal acquisition (SPAC) merger, began piloting crypto payments in August in a primary for the business. However CEO Mat Ishbia now tells CNBC that after testing it out, … Read more

GitLab jumps 22% in its Nasdaq debut after code-sharing firm priced IPO above anticipated vary

GitLab jumps 22% in its Nasdaq debut after code-sharing firm priced IPO above anticipated vary

[ad_1] GitLab shares jumped 22% of their first day of buying and selling on Thursday after the supplier of software program for developer collaboration bought shares properly above its anticipated vary in its IPO. Buying and selling on the Nasdaq below ticker image “GTLB,” GitLab priced its inventory at $77 late Wednesday, valuing the corporate … Read more

Funding in area firms exceeds $10 billion this 12 months, a brand new annual document

Funding in area firms exceeds $10 billion this 12 months, a brand new annual document

[ad_1] Pete Cannito, Redwire Company on the New York Inventory Trade, September 8, 2021. Supply: NYSE Non-public funding in area firms hit $3.9 billion within the third quarter, propelling this 12 months to a brand new annual document of $10.3 billion, in response to a report this week by New York-based agency House Capital. “This … Read more

Russia’s Putin says crypto has ‘worth’ — however perhaps not for buying and selling oil

Russia's Putin says crypto has 'worth' — however perhaps not for buying and selling oil

[ad_1] Russian President Vladimir Putin delivers a speech in the course of the Russian Power Week occasion on October 13, 2021 in Moscow, Russia. Mikhail Svetlov | Getty Pictures Russian President Vladimir Putin thinks cryptocurrencies have worth — however he is not satisfied they will exchange the U.S. greenback in settling oil trades. Some months … Read more

European rival to PayPal and Sq. makes $317 million acquisition to increase within the U.S.

European rival to PayPal and Sq. makes $317 million acquisition to increase within the U.S.

[ad_1] A buyer makes use of a SumUp fee card reader in Lisbon, Portugal, on Sept. 13, 2019. Angel Garcia | Bloomberg by way of Getty Photographs LONDON — SumUp, a U.Okay.-based fee processor, has acquired advertising start-up Fivestars in a bid to increase its attain throughout the U.S. and tackle giants like PayPal and … Read more

Listed here are the best-selling electrical vehicles in China to date this yr

Listed here are the best-selling electrical vehicles in China to date this yr

[ad_1] A Tesla salesperson (L) speaks to a customer as they sit in a Tesla Mannequin Y automobile at a Tesla showroom in Beijing on January 5, 2021. Wang Zhao | AFP | Getty Photographs BEIJING — Tesla took two of the highest three spots for best-selling electrical automobile fashions in China, trade knowledge for … Read more