NASA announced on Friday that it is terminating its $2 billion OSAM-1 project, which aimed to test satellite refueling in space, following criticism from the agency’s auditor regarding the performance of its lead contractor, Maxar. The space agency said that ...

On Thursday, Best Buy exceeded Wall Street’s expectations for revenue and earnings for the holiday quarter, despite going through a period of muted consumer electronics demand. The retailer, however, cautioned that it anticipates another year of subdued sales. To address ...

Warner Bros. Discovery fell short of analyst expectations for both profit and revenue in the fourth quarter, as advertising revenue declined and the company did not provide guidance on free cash flow for 2024. Following the earnings report, Warner Bros. ...

Bridgit Mendler, known for her roles in Disney Channel productions and her music career, is venturing into the space industry with a startup called Northwood Space, aiming to revolutionize how satellite data is transmitted to the ground. Drawing from her ...

Boeing has opted out of presenting any commercial planes at the Singapore Airshow, diverting attention to rival Airbus and China’s domestic aircraft offering. This decision follows a decline in aircraft orders and deliveries for Boeing January, following an incident involving ...

Xpeng is gearing up for expansion by announcing plans to hire 4,000 new employees and invest significantly in artificial intelligence (AI) technology, as revealed by the company’s CEO. He Xiaopeng cautioned about the fierce competition in the electric vehicle (EV) ...

Chinese lenders have reduced the country’s benchmark five-year loan prime rate for the first time since June, as part of efforts to stimulate China’s sluggish property market. The People’s Bank of China (PBOC) opted to maintain the one-year loan prime ...

Capital One Financial is poised to acquire Discover Financial Services in a $35.3 billion all-stock transaction. As per the agreement, Discover shareholders would receive 1.0192 Capital One shares for each Discover share, representing approximately a 26% premium from Discover’s Friday ...

Bridgit Mendler is familiar with reaching millions of people from her time as a Disney Channel star and singer, with notable roles in “Good Luck Charlie,” “Wizards of Waverly Place,” and “The Clique.” Now, she aims to revolutionize the way ...

In the 24 years since JetBlue Airways’ inaugural flight, the New York-based airline has consistently pushed boundaries for a carrier of its size. Now, with new executive hires and cost-cutting measures, it aims to return to its core strengths. JetBlue ...