Industry
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Space Tourists vs. “Astronauts”: Defining a New Era of Spaceflight
Van Horn, Texas, USA: Blue Origin’s recent suborbital flight carrying six civilian women reignites debate over who qualifies as an astronaut....
JCPenney to Shutter 7 More Stores as Post-Pandemic Cuts Continue
Plano, Texas, USA: Once a mainstay in American malls, JCPenney is closing seven more stores, signaling continued downsizing after its 2020...
Cable Giants Charter and Cox in $21.9B Merger, Building Massive U.S. Network
Stamford, Connecticut & Atlanta, Georgia, USA: Charter Communications will acquire privately held Cox Communications in a $21.9 billion deal,...
Toyota to Invest $5B in U.S. EV Battery Plant, Creating 3,500 Jobs
Greensboro, North Carolina, USA: Toyota announced a $5 billion outlay to build a major electric vehicle battery factory, touting 3,500 new jobs...
Booming Wind Industry Powers Job Growth in Rural South Dakota
South Dakota, USA: In a surprising twist, wind energy has transformed some rural areas into hubs of economic opportunity. New data shows that wind...
E-Commerce T-Shirt Drop-Shippers Hit by Tariff Changes, Imperiling Margins
Washington, D.C., USA: Thousands of small-scale t-shirt drop-shippers face a squeeze after new tariff rules ended the “de minimis” loophole that...
Walmart’s Value Strategy Draws More Shoppers, Boosts Sales Outlook
Bentonville, Arkansas, USA: Retail giant Walmart beat quarterly sales forecasts and raised its annual outlook, attributing gains to...
Study Finds California’s Idle Oil Wells Cleanup Could Exceed $21 Billion
California, USA: An independent report projects dismantling old and idle oil wells in California could cost up to $21 billion—triple the remaining...
Charter–Cox Merger to Reshape US Cable Landscape
In a move that may consolidate large parts of the American cable industry, Charter Communications has reached an agreement to buy Cox...
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