Financial Wealth Daily

SpaceX’s third Starship test flight gets FAA green light

By Joey Roulette WASHINGTON (Reuters) – The FAA on Wednesday granted SpaceX a license to test-launch the company’s Starship rocket system from Texas, according to the agency’s website, paving the way for another early demonstration of a spacecraft crucial to Elon Musk’s satellite launch business and NASA’s moon program. “The FAA determined SpaceX met all…

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US homebuilder Lennar beats Q1 profit estimates amid sustained demand for new homes

(Reuters) -Lennar Corp reported first-quarter profits above Wall Street estimates on Wednesday, as historically low existing home supply led to sustained demand for new unit construction. The company delivered 16,798 homes in the quarter ended Feb. 29, a 23% jump from a year earlier. “Macroeconomic environment remained relatively consistent throughout the quarter,” said Stuart Miller,…

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Yellen says US aims to ensure domestic EV maker success as China boosts exports

By David Lawder ELIZABETHTOWN, Kentucky (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday said President Joe Biden’s administration is taking steps to ensure success of the domestic electric vehicle (EV) industry in the face of China’s growing exports in the sector and heavy government subsidies. Asked whether the United States needs new tariffs on Chinese…

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Exclusive-Israeli tank strike killed ‘clearly identifiable’ Reuters reporter – UN report

By David Gauthier-Villars, Laila Bassam and Tom Perry ISTANBUL (Reuters) – An Israeli tank killed Reuters reporter Issam Abdallah in Lebanon last year by firing two 120 mm rounds at a group of “clearly identifiable journalists” in violation of international law, a U.N. investigation into the Oct. 13 incident has found. The investigation by the…

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Trump Georgia election subversion judge dismisses some charges

(Reuters) -The judge in Donald Trump’s Georgia election subversion trial on Wednesday dismissed three criminal counts against the former U.S. president and three others against co-defendants, a court filing showed on Wednesday, while letting the overall case proceed. Fulton County Judge Scott McAfee decided that allegations by state prosecutors that Trump and his co-defendants tried…

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