SpaceX launches billionaire’s private crew on milestone spacewalk mission

By Joey Roulette and Gerry Doyle WASHINGTON (Reuters) -Four private astronauts blasted into space early on Tuesday in a modified SpaceX Crew Dragon capsule, kicking off the company’s five-day Polaris Dawn mission, which aims to test new spacesuit designs and conduct the first private spacewalk. The crew, a billionaire entrepreneur, a retired military fighter pilot…

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Apple shows off new Watches, AirPods as it kicks off iPhone 16 AI event

By Max A. Cherney and Kenrick Cai CUPERTINO, California (Reuters) – Apple unveiled updated Watches and AirPods at an event on Monday focused on its AI-enhanced iPhone 16, although Apple’s product showcase risks being overshadowed by Chinese rival Huawei’s tri-fold phone, unofficially announced earlier in the day. The Chinese company’s website showed on Monday that…

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Exclusive-Starboard files proposal at News Corp, seeks to break Murdoch’s grip

By Svea Herbst-Bayliss NEW YORK (Reuters) – Hedge fund Starboard Value has filed a shareholder resolution to do away with the dual-class shares that allow Rupert Murdoch to control News Corp, the publisher of the Wall Street Journal, according to people familiar with the matter. Starboard’s move comes as the 93-year-old media tycoon is locked…

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Economic worries back on Wall Street’s radar after jobs data

By Lewis Krauskopf and David Randall NEW YORK (Reuters) – Uncertainty over the U.S. economy’s health is rippling through markets, adding fuel to an already-volatile period that has investors grappling with a shift in Federal Reserve policy, a tight U.S. election and worries over stretched valuations. U.S. stocks tumbled on Friday after closely watched jobs…

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Well-timed GameStop options trade scores $550K profit after Roaring Kitty post

By Saqib Iqbal Ahmed NEW YORK (Reuters) – A well-timed trade in GameStop’s options reaped a handsome profit on Friday after an account associated with “Roaring Kitty,” a stock influencer and longtime champion for the video game retailer, published a cryptic post on social media platform X. The post from “Roaring Kitty,” whose real name…

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Exclusive-US worries about steel supply for infrastructure after Nippon-US steel deal

By Alexandra Alper WASHINGTON (Reuters) – Nippon Steel’s proposed $14.9 billion takeover of U.S. Steel would create national security risks because it could hurt the supply of steel needed for critical transportation, infrastructure, construction and agriculture projects, the U.S. said in a letter sent to the companies and seen by Reuters. Decisions by Nippon could…

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Trump says he will appoint Musk head of government efficiency commission if elected

By Helen Coster and Gram Slattery NEW YORK (Reuters) -Republican presidential candidate Donald Trump said on Thursday he would establish a government efficiency commission headed by billionaire supporter Elon Musk if he wins the Nov. 5 election, during a wide-ranging speech in which he laid out his economic vision for the country. The former president…

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