Author: Ryker

On May 27, SpaceX conducted its ninth test flight of the Starship spacecraft from its Starbase facility in Texas. The mission had dual goals: to deploy eight Starlink simulator satellites and to assess the spacecraft’s reentry system performance after deliberately removing 100 heat-shield tiles. The test was part of SpaceX’s ongoing efforts to develop a…

In 2011, President Barack Obama questioned Apple CEO Steve Jobs about the possibility of bringing iPhone production back to the United States. Over a decade later, President Donald Trump has revived that demand, directing his attention to Apple’s current CEO, Tim Cook. Trump has threatened a 25% tariff on Apple and other smartphone makers unless…

A German regional court has convicted four former Volkswagen executives of fraud in a landmark decision tied to the Dieselgate scandal. The ruling, announced on Monday, marks the end of a significant four-year trial. Two of the convicted executives were handed prison sentences, while the other two received suspended sentences. This outcome delivers long-awaited accountability…

A Houston-bound Boeing 787-9 Dreamliner, en route from Tokyo, was forced to divert to Seattle on Saturday morning after a passenger allegedly attempted to open an emergency exit door mid-flight. According to officials at Seattle-Tacoma International Airport, both passengers and flight crew intervened to restrain the individual, ensuring the safety of those onboard. The flight,…

House Republicans have passed a sweeping reconciliation bill that significantly rolls back clean energy tax credits established under the Inflation Reduction Act (IRA), sending a strong message to the clean energy sector. The legislation, passed early Thursday, includes aggressive changes that restrict tax benefits for renewable energy sources like wind and solar while offering support…

Hinge Health made a notable entrance onto the New York Stock Exchange, with its shares surging 23% above its initial public offering (IPO) price of $32, opening at $39.25. By the end of the day, the stock closed at $37.56, marking a 17% increase and pushing the company’s market capitalization beyond $3 billion. The IPO…

Target’s sluggish performance in the first quarter of the year is being partially attributed to consumer backlash over the company’s decision to roll back its diversity, equity, and inclusion (DEI) policies. Shares of the retail giant dropped over 7% following a reported 3.8% year-over-year decline in same-store sales, mirroring a similar decline the previous year.…

Target is set to announce its fiscal first-quarter earnings on Wednesday as the company aims to reignite growth amid several ongoing challenges. Wall Street analysts surveyed by LSEG anticipate earnings per share of $1.64 and revenue of approximately $24.32 billion. This performance will be closely watched by investors and analysts, as it follows earnings reports…

Bath & Body Works (BBWI) saw its shares decline following a sudden executive leadership change. CEO Gina Boswell has stepped down with immediate effect, and the company has appointed Daniel Heaf, a former Nike executive, as her replacement. The company did not provide a specific reason for Boswell’s departure, leading to speculation about the abrupt…