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Space stocks had a rough first quarter as several companies struggled with supply chain disruptions

Today News || Virgin Orbit’s modified 747 jet “Cosmic Girl” releases the company’s LauncherOne rocket for a mission on January…

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3 takeaways from Dollar General, Dollar Tree earnings that sent stocks soaring

Today News || Dollar General and Dollar Tree stores Getty Images Shares of Dollar General and Dollar Tree popped Thursday,…

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Mortgage demand slides further, even as interest rates pull back slightly

Today News || Mortgage rates turned lower for the second straight week, but it wasn’t enough to boost demand for…

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Business

Satellite-imagery firms Maxar, Planet and BlackSky awarded billions of dollars in government contracts

Today News || Maxar collected new satellite imagery of the southern Ukrainian port city of Berdyansk that reveals a Russian…

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Wendy’s shares surge as Trian, its largest shareholder, explores potential deal

Today News || A drive-thru window of a Wendy’s restaurant in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images…

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FTC launches investigation into infant formula makers over nationwide shortage

Today News || A woman shops for baby formula at Target in Annapolis, Maryland, on May 16, 2022, as a…

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Bill Ackman says a more aggressive Fed or market collapse are the only ways to stop this inflation

Today News || Billionaire hedge fund manager Bill Ackman said raging inflation will only dissipate if the Federal Reserve acts more aggressively…

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Best Buy shares rise after electronics chain’s sales top expectations

Today News || Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Best Buy reported…

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SpaceX president defends Elon Musk over sexual misconduct claims: ‘I believe the allegations to be false’

Today News || SpaceX President and COO Gwynne Shotwell defended Elon Musk in an email to employees last week, responding…

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Starbucks will exit Russia after 15 years, closing 130 licensed cafes

Today News || After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald’s, Exxon Mobil…

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