(Reuters) – NASA will return Boeing’s faulty Starliner capsule to Earth without astronauts Butch Wilmore and Suni Williams, who will return to Earth on a SpaceX vehicle early next year, NASA chief Bill Nelson said on Saturday. Starliner launched its first two astronauts, both former military test pilots, into space on June 5 as a […]
China’s Sinopec posts 2.6% rise in first-half profit
(Corrects to show that Sinopec H1 profit rose 2.6%, not 2.7%; Removes reference to figures based on Chinese standards.) BEIJING (Reuters) -China’s Sinopec posted a 2.6% rise in net profit for the first half of the year, it said on Sunday, as rising oil prices boosted income. China Petroleum & Chemical Corp as Sinopec is […]
Harris raises $540 million since launching her presidential campaign
WASHINGTON (Reuters) – Democrat Kamala Harris has raised $540 million in little more than a month since she began her race for U.S. president, with a surge of donations flowing in during the Democratic National Convention last week, her campaign said on Sunday. A memo released by Harris’ campaign manager, Jen O’Malley Dillon, said the […]
Stocks surge while Treasury yields, dollars retreat after Fed signals lower rates
By Lawrence Delevingne (Reuters) -Wall Street and global shares jumped on Friday toward all-time highs, while Treasury yields slumped and the dollar languished, after a speech by U.S. Federal Reserve Chair Jerome Powell confirmed the United States would soon begin interest rate cuts. Powell, in remarks on Friday at the annual economic symposium in Jackson […]
Exclusive-Top U.S. general makes unannounced Middle East trip as Iran threat looms
By Phil Stewart AMMAN (Reuters) – The top U.S. general began an unannounced visit to the Middle East on Saturday to discuss ways to avoid any new escalation in tensions that could spiral into a broader conflict, as the region braces for a threatened Iranian attack against Israel. Air Force General C.Q. Brown, chairman of […]
Apple targets Sept. 10 debut for new iPhones, AirPods and watches, Bloomberg News reports
(Reuters) – Apple is planning its biggest product launch event of the year on Sept. 10, during which it will unveil the latest iPhones, watches and AirPods, Bloomberg News reported on Friday, citing people familiar with the situation. The company is making preparations for that date, even though the timing has not yet been announced, […]
Eli Lilly Alzheimer’s drug to be blocked for use by NHS, The Telegraph reports
(Reuters) -Eli Lilly’s treatment for early Alzheimer’s is expected to be blocked for use by Britain’s National Health Service (NHS), the Telegraph reported on Friday. The drug donanemab would be rejected by the National Institute for Health and Care Excellence(NICE), which decides what drugs are available on the NHS, the newspaper reported citing insiders. The […]
Cava rallies to record high as solid demand for steaks and salads boosts forecasts
(Reuters) – Mediterranean restaurant chain Cava Group’s shares surged over 23% to a record high of $125.38 on Friday, after strong demand for its salad bowls and pita wraps boosted its annual sales and earnings forecast. The fast-casual chain, which made a strong market debut in June last year, exceeded second quarter expectations after markets […]
Microsoft to host cybersecurity summit after CrowdStrike-induced IT outage
(Reuters) -Microsoft said on Friday it would hold a summit in September on improving cybersecurity systems, after a faulty update from CrowdStrike caused a global IT outage last month. The conference marks the first big step by Microsoft to address the issues that affected nearly 8.5 million Windows devices on July 19, disrupting operations across […]
Musk’s SpaceX testing breakthrough tech in risky spacewalk
By Joey Roulette WASHINGTON (Reuters) – SpaceX’s attempt at the first ever private spacewalk next week will be a test of trailblazing equipment, including slim spacesuits and a cabin with no airlock, in one of the riskiest missions yet for Elon Musk’s space company. A billionaire entrepreneur, a retired military fighter pilot and two SpaceX […]