The Federal Aviation Administration on Wednesday issued SpaceX with the launch license the company needed to fly its latest Starship prototype.
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Kevin Plank returns as Under Armour CEO, Mohamed El-Erian named board chair
Under Armour announced CEO Stephanie Linnartz is stepping down from her role just over a year after she started.
Continue readingEV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans
Automakers from Ford and GM to Mercedes-Benz, Volkswagen and Aston Martin are scaling back or delaying their electric vehicle plans.
Continue readingPetco CEO Ron Coughlin is out, former Best Buy exec to step in as interim chief executive
Ron Coughlin has served as Petco’s CEO for more than five years and has been instrumental in transforming the company into a health and wellness […]
Continue reading‘Dollars up, donors down’: More charity money is coming from the ultra-wealthy
Charitable donations are becoming hyper-concentrated among a small group of ultra-wealthy mega-donors.
Continue readingHome Depot will open four distribution centers as it looks to home pros to drive sales growth
Home Depot is building out the facilities as it looks to pros, which make up about half its business, for revenue growth this year.
Continue readingShares of Dick’s Sporting Goods soar 15% on holiday earnings beat, dividend raise
Dick’s Sporting Goods said its holiday quarter was the strongest sales period in the company’s history, leading it to raise its dividend by 10%.
Continue readingSpaceX’s Starship notches major flight test milestones, breaks up over Indian Ocean in final moments
SpaceX launched the third test flight of its Starship rocket on Thursday, as the company pushed development of the mammoth vehicle past new milestones.
Continue readingUnited to pause pilot hiring, citing Boeing’s delivery delays
United said it will pause pilot hiring in May and June because of delivery delays from Boeing.
Continue readingWalmart, Target and Kroger are racing to deliver groceries as competition heats up
Walmart, Target and Kroger are trying to stand out on grocery convenience, not just price.
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