Exclusive-SpaceX in talks to land and recover Starship rocket off Australia’s coast

By Joey Roulette WASHINGTON (Reuters) – SpaceX is in talks with U.S. and Australian officials to land and recover one of its Starship rockets off Australia’s coast, a possible first step toward a bigger presence for Elon Musk’s company in the region as the two countries bolster security ties, according to three people familiar with…

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US-listed crypto stocks retreat following Trump-fueled spike

By Niket Nishant (Reuters) – Shares of New York-listed crypto firms fell on Monday as bitcoin dipped after breaching the $70,000-mark for the first time since mid-June. The sell-off erased gains from earlier in the session, when optimism fueled by Republican presidential candidate Donald Trump’s pro-crypto speech lifted stocks. The volatile cryptocurrency has often seen…

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McDonald’s sales fall globally for first time in more than three years

By Savyata Mishra (Reuters) -McDonald’s reported a surprise drop in sales worldwide on Monday, its first decline in 13 quarters, as deal-seeking consumers shy away from higher priced menu items, including Big Macs. Persistent inflation has forced lower-income consumers to shift to more affordable food options at home. That has led fast food chains such…

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Analysis-Southwest Airlines to end its brand-defining open-seating policy. Will it work?

By Rajesh Kumar Singh CHICAGO (Reuters) – Southwest Airlines’ plan to eliminate open seating is one way for the company to raise much-needed revenue, but it comes with the risk of alienating loyal customers. The unusual practice of letting passengers choose their own seats once they board the plane was created by Southwest’s egalitarian-minded founder,…

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