Author: News Room

By David Shepardson WASHINGTON (Reuters) – A key SpaceX Starship Super Heavy rocket launch test now is likely to take place later this month rather than sometime this week, the space company’s CEO Elon Musk said on Monday. SpaceX envisions Starship as a fully reusable transportation system to carry astronauts and cargo to Earth orbit, the moon, Mars and beyond. The rocket is scheduled to lift off from SpaceX’s Starbase facilities at Boca Chica in South Texas in the first launch of the company’s fully stacked 394-foot (120-meter) tall Starship rocket system. Fully stacked means all its parts are assembled,…

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© Reuters U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.30% Investing.com – U.S. stocks were mixed after the close on Monday, as gains in the , and sectors led shares higher while losses in the , and sectors led shares lower. At the close in NYSE, the gained 0.30%, while the index added 0.10%, and the index declined 0.03%. The best performers of the session on the were Caterpillar Inc (NYSE:), which rose 3.04% or 6.36 points to trade at 215.53 at the close. Meanwhile, Dow Inc (NYSE:) added 2.10% or 1.15 points to end…

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With inflation still at levels not seen in years, many Americans are saying they’re feeling financially stressed. And some are even saying they’ve skipped meals to stay afloat. A growing number of surveys are painting a picture of this era of financial challenge. One of the latest, from Clever Real Estate, showed that people’s personal-finance situation was the most-cited stressor in their lives, with 61% noting it as an issue. That put it above such stressors as mental health (cited by 57% of respondents), physical health (53%) and relationships (48%). Clever Real Estate surveyed 1,000 U.S. adults. Perhaps even more…

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Shares of Topgolf Callaway Brands Corp. shot higher on Monday after golfing star Jon Rahm won the Masters Tournament at August National Golf Club over the weekend — thanks in part to the Callaway golf equipment he used. Topgolf Callaway Brands’ MODG, +2.35% stock rose 4.8% in afternoon trading on Monday. Rahm’s victory on Sunday was his first at the Masters. After beating Brooks Koepka and Phil Mickelson, Rahm is fourth player from Spain to win the tournament, according to media reports. Rahm won the U.S. Open in 2021. Rahm signed a multiyear equipment deal with Callaway Golf in early…

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Democratic Rep. Jennifer Wexton of Virginia announced on Tuesday that she has been diagnosed with Parkinson’s disease. The congresswoman, 54, said in a video released by her office that she is “doing well” and “feeling good and staying strong.” “I’ve got a positive attitude and I’ve got the strong support of so many family, friends and loved ones,” Wexton said, adding that she is “working with my doctor on a treatment plan that addresses my symptoms.” Wexton said that she wants to use her platform to raise awareness and fight for a cure and made it clear that she doesn’t…

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SoftBank chief Masayoshi Son will this week sign off on an agreement with Nasdaq to list chip designer Arm, setting in motion a blockbuster initial public offering as early as this autumn.According to two people familiar with the situation, the Japanese investment group and New York exchange reached a tentative agreement over Arm’s proposed listing on Monday, with Son expected to sign off officially later this week.The move represents the first formal step in the IPO process, as SoftBank continues to work towards submitting filing documents for Arm. That would end speculation over Son’s plans for the Cambridge-based company after…

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Author’s Note: All figures in Canadian currency unless otherwise noted. Investment Overview 2022 marked the second worst year on record for the Canadian REIT sector with a 17% loss across the index. There are a few quality names that have been caught up in this slide. With units down almost 50% over the past 12 months, Allied Properties Real Estate Investment Trust (TSX:AP.UN:CA) is trading well below the REIT’s NAV of $38. This valuation has been hampered by high Debt/EBITDA levels. Allied Properties is poised for a significant deleveraging following the planned sale of its data center holdings. It addition…

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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.Potomac Falls, United States, April 11th, 2023, ChainwireAsh Environmental DAO has announced the dates of its token sale. The event will run from April 17 to May 7, giving participants the chance to purchase the Ash token and become part of a global ecosystem committed to funding high-impact innovations to address real-world challenges.The Ash Environmental DAO is a solution platform that seeks to address global challenges such as access to financing for environmentally-friendly innovations, environmental degradation, job losses, diminishing…

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Former senior executives of Twitter have sued the company in an attempt to recover more than $1 million in legal expenses incurred by responding to shareholder lawsuits, federal investigations and a congressional hearing, according to a complaint filed Monday in Delaware Chancery Court. The lawsuit by former Twitter CEO Parag Agrawal, former chief legal officer Vijaya Gadde and former chief financial officer Ned Segal alleges that Twitter has failed to reimburse them for lawyers’ fees in accordance with prior agreements with the company. Elon Musk fired the executives immediately after completing his acquisition of the company. Twitter, which cut much…

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