Branson’s Virgin Galactic trails Bezos’ Blue Origin in space tourism, while Musk’s SpaceX is in a league of its own

Richard Branson, Jeff Bezos, Elon Musk Joe Skipper | Reuters. Joe Riddell | Getty Images Paul Hennessy | SOPA photos | Getty Images 2021 has been a whirlwind for private space tourism, and this week has been particularly significant for projects founded by Jeff Bezos and Sir Richard Branson. While Bezos’s Blue Origin took a … Read more

Porsche Taycan EV outsells flagship 911 sports car

The all-electric Porsche Taycan Turbo. Source: Porsche AG In a sign that drivers are increasingly embracing electric battery models, Porsche Taycan sales It has overtaken the company’s influential, high-performance 911 series, according to numbers released by the company on Friday. The Taycan is Porsche’s first battery-powered electric car, and it was introduced in the fall … Read more

Goldman Sachs (GS) earnings Q3 2021

Goldman Sachs on Friday reported third-quarter results that beat analysts’ expectations, with investment banking revenue up nearly 90% and the bank reaping record fees from equity financing. Here are the numbers: Earnings: $14.93 per share versus $10.18 consensus estimate, according to Refinitiv Revenue: $13.61 billion versus $11.68 billion consensus estimate The bank’s earnings rose 63% … Read more

Michael Burry of ‘The Big Short’ asked about shorting crypto days before bitcoin hit $60,000

Andrew Toth | Magic movie | Getty Images “The Big Short” investor Michael Berry inquired about ways to bet on bitcoin before the world’s largest cryptocurrency hit a six-month high to break through the $60,000 level. “Well, I’ve never done this before, how do you sell cryptocurrency,” Puri said in a tweet on Wednesday. “Do … Read more

U.S. to lift travel ban on Nov. 8, allowing vaccinated international visitors into the country

Passengers at LAX after arriving from Shanghai, China, after a positive case of the coronavirus was announced in the Orange County suburb of Los Angeles, Jan. 26, 2020. Ringo Chiu | Reuters The White House said Friday that it will allow international travelers who have been fully vaccinated against Covid-19 to enter the United States … Read more

British lawmaker stabbed multiple times in southeast England

An overview of the Houses of Parliament on March 28, 2019 in London, England. Leon Neal | Getty Images LONDON – British MP David Amis was stabbed several times on Friday in his local constituency in southeast England, according to Sky News. The attack took place at Belvers Methodist Church in Les-on-Seas, Essex. Reuters later … Read more

Coldplay singer Chris Martin says ‘backlash’ for flying right

Coldplay’s Chris Martin performs at O2 Shepherd’s Bush Empire on October 12, 2021 in London, England. Simon Joyner | Getty Images Entertainment | Getty Images British rock band Coldplay has announced dates for a world tour in 2022, as the band plans to incorporate a range of sustainable features into their concerts to reduce their … Read more

China’s central bank says Evergrande is unique and most real estate developers are stable

An outside view of the Evergrande China Center in Hong Kong, China on March 26, 2018. Bobby Yip | Reuters BEIJING – The People’s Bank of China said Friday that debt developer China Evergrande is its own case, and that most of the country’s real estate companies are stable. Real estate giant Evergrande has $300 … Read more

Bitcoin is inches away from reaching $60,000 amid ETF speculation

Bitcoin on display. Chesnot | Getty Images Bitcoin soared on Friday to a five-month high, and was inches away from reaching $60,000. The world’s largest cryptocurrency climbed to $59,920, hitting its highest level since May. 10. But it struggled to break above the $60,000 barrier. Bitcoin last traded 2.5% higher in the past 24 hours, … Read more

China risks making ‘big mistakes’ with crackdown: Ex-IMF chief economist

The former chief economist of the International Monetary Fund has said that China risks making “big mistakes” as it cracks down on large swathes of its economy from technology to tutoring and real estate. “I’m very concerned about China because it is somewhat attacking the basis of its growth so far,” Raghuram Rajan said in … Read more