Business

3 months after failure to launch, Richard Branson's space startup Virgin Orbit is cutting almost all staff

57 seconds ago   |   Fortune   |   4 articles

The company will cut 675 jobs, or about 85% of its workforce, according to an SEC filing.
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Taylor Swift Manages A Strange-But Impressive-Feat On Billboard's Country Chart

6 minutes ago   |   Forbes

Taylor Swift's "If This Was A Movie" debuts at No. 1...again.
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Phluid City, Strands For Trans And Terri & Sandy Launch Transgender Rights Festival

6 minutes ago   |   Forbes

As a non-profit organization, Stands for Trans will be a source of education and support to salons, as well as any business looking to provide a safe and positive experience to...
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Archer And United Airlines Are Trying to ‘Move the World Forward' by Spanning 12 Miles in Chicago

6 minutes ago   |   Forbes

United Airlines and eVTOL maker, Archer Aviation Inc., recently announced their first commercial electric air taxi route. Archer's founder, Adam Goldstein, says “We're trying...
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March 2023's Essential Rock & Metal Releases

6 minutes ago   |   Forbes

March 2023's essential releases from all corners of rock and heavy music.
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FDIC chair Gruenberg gets heat from lawmakers over bargain basement SVB deal

26 minutes ago   |   Fortune   |   3 articles

Shares in regional lender First Citizens skyrocketed this week after scooping up SVB on the cheap, prompting questions from Congress whether the FDIC negotiated a poor deal...
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Will Harry Maguire And Victor Lindelöf Leave Manchester United This Summer?

38 minutes ago   |   Forbes

Is it time for Manchester United to move Victor Lindelöf and Harry Maguire on?
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If You Think The Banking Issues Are One And Done, Think Again!

1 hour ago   |   Forbes   |   4 articles

The banking chaos appears to have calmed somewhat this week with no new banks targeted for deposit outflows. As of close of business on Thursday, March 30, small and mid-sized...
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Virgin Orbit's sudden collapse is the latest in a series of high-risk failures by Richard Branson

1 hour ago   |   Fortune   |   4 articles

The satellite deployment startup founded by Branson is letting go of the bulk of its staff citing an 'inability to secure meaningful funding'.
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Trump's Indictment Could Be Just The Beginning-Here's A Timeline Of His Upcoming Legal Woes

1 hour ago   |   Forbes   |   4 articles

The ex-president faces possible charges in three more investigations, along with multiple upcoming civil trials and other pending lawsuits.
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Italy orders ChatGPT blocked citing data protection concerns

Italy orders ChatGPT blocked citing data protection concerns

Two days after an open letter called for a moratorium on more powerful generative AI models being developed so regulators can catch up with the likes of ChatGPT, Italy's data... Read more ...

How Rage Drives Revenge In Lee Sung-Jin's Netflix Dramedy ‘Beef'

'Beef,' starring Ali Wong and Steven Yeun, was inspired by a real-life road rage incident. Read more ...

Middle East Countries Are Flooding The Arms Market With Loitering Munitions

The Middle East has emerged as a leading region for manufacturing and exporting loitering munitions, single-use drones that crash into their target and explode. Read more ...

Wearable Camera Aims To Change How Sports, Entertainment Viewed

The newly-designed Ucam, being marketed as the "world's first two-part wearable camera," will help users change the way videos in sports, entertainment and everyday life are... Read more ...

Big E Embracing The ‘Power Of Positivity' As He Recovers From A Broken Neck

Ahead of WrestleMania 39, the WWE superstar, who has been sidelined since March 11, 2022, gives an update on his return to the ring, what's next for The New Day, and the state... Read more ...

Why Is $18-A-Loaf Japanese ‘Shokupan' Milk Bread So Popular?

Japanese Shokupan, often called Milk Bread in English, is gaining attention globally. Premium Shokupan can cost $18 a loaf but there are good reasons to justify the price... Read more ...

Indian business has great prospects in Russia, SPIEF director tells RT

Indian business has great prospects in Russia, SPIEF director tells RT

New Delhi could fill the void left by Western companies, according to Aleksey Valkov The trade and economic partnership between India and Russia has gone from strength to... Read more ...

Sage Capital Advisors llc Has $5.17 Million Holdings in Alphabet Inc

Sage Capital Advisors llc boosted its holdings in shares of Alphabet Inc. by 16.4% during the fourth quarter, according to the company in its most recent Form 13F filing with... Read more ...

Is Jamie Dimon the most powerful person in finance?

Friday Dan DeFrancesco in NYC, and we've got an update on the "cocaine hippos." First, I need your help. I'm collecting readers' questions that I'll answer in next Friday's... Read more ...

TikTok's CEO got coached by ex-Obama and Disney advisers for a month before...

Shou Zi Chew leaves Congress on March 23. Kent Nishimura / Los Angeles Times via Getty Images TikTok hired former Obama and Disney advisers to coach its CEO before his... Read more ...