Business news

Business news • May 29

Blue Origin Rocket Blows Up on Florida Launchpad During Test

The rocket, built by the Jeff Bezos-owned space company, was to carry 48 satellites into space. Blue Origin reported on social media that “all personnel...

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Business news • May 29

Blue Origin rocket explosion: What we know about blast in Cape Canaveral

An explosion reportedly tied to Blue Origin's New Glenn launch vehicle rocked Florida's Space Coast on Thursday.

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Business news • May 29

Transcript: SpaceX IPO ignites an investor frenzy

Sonja Hutson talks to Emily Herbert and George Steer.

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Business news • May 29

Blue Origin rocket explodes during static fire test. What is a static fire?

Blue Origin's New Glenn rocket was preparing for an upcoming launch from Cape Canaveral when a prelaunch test went horribly wrong on May 28,...

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Business news • May 29

With Caesars Deal, Tilman Fertitta Doubles Down on Vegas Comeback

Houston Rockets owner inks $5.7 billion deal to buy Caesars Entertainment, while casinos on the Strip struggle with a downturn.

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Business news • May 29

Anthropic soars to $965bn valuation, leapfrogging OpenAI

Anthropic has usurped OpenAI as the world's most valuable artificial intelligence company, soaring to a $965bn valuation ahead of expected public listings...

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Business news • May 29

Sound Transit board shelves Ballard extension, saves South Seattle stations

A long-awaited light rail line to Seattle's Ballard neighborhood was set aside by the Sound Transit board on Thursday as the agency tried to balance a $34.5...

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Business news • May 29

Dow Jones Futures: Stock Market Hits Highs On U.S.-Iran Deal; Dell Surges On Earnings

Dow Jones futures: The stock market rose to highs Thursday on the reported U.S.-Iran deal. Dell, NetApp soared overnight on earnings.

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Business news • May 29

Blue Origin rocket explodes into huge ball of flame on Florida launch pad

Amazon billionaire Jeff Bezos, who founded Blue Origin, said it was a "very rough day".

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Business news • May 29

Blue Origin rocket explodes during test in latest setback for Jeff Bezos-owned company

No personnel were harmed in the incident, the company said on social media, calling the explosion an 'anomaly'

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Business news • May 29

Oil eyes weekly drop on Hormuz deal hopes; AI sends stocks to record highs

SINGAPORE, May 29 (Reuters) - World stocks stood at record highs on Friday and oil futures eyed the steepest weekly drop for nearly two months as traders...

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Business news • May 29

Stock Market Today: Dow Slips, Oil Pares Gains as Investors Cling to Hope of Mideast Deal — Live Updates

Live updates on markets and the top finance, economics and business stories. Plus the latest on oil prices, the Dow, S&P 500 and Nasdaq.

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Business news • May 29

Michael Dell courted Trump early. His company has reaped rewards

The dynamic is emblematic of how business is seeking to sow favor with the president in his second term, and has departed from the norms of big business...

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Business news • May 29

SpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion

SpaceX is currently targeting a valuation of at least $1.8 trillion in its initial public offering, according to people familiar with the matter,...

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Business news • May 29

Oil falls over 1% on reports of potential US-Iran ceasefire deal

Oil futures fell more than 1% on Friday and were on track for their steepest weekly decline since early April, following ​reports that the U.S. and Iran had...

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Business news • May 29

Patagonia in the wilderness with suit against drag queen, legal experts say

Patagonia is suing drag queen Pattie Gonia for $1, accusing her of trademark infringement against its brand.

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Business news • May 29

NBA owner to acquire Vegas icon Caesars Entertainment for $17.6B

LAS VEGAS – One of the two major Las Vegas Strip casino operators is set to be sold to billionaire hospitality mogul Tilman Fertitta.

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Business news • May 29

3-year-old California girl hospitalized with acute kidney failure after eating at Costa Mesa spot amid E. coli outbreak, lawsuit claims

A Southern California family has filed a lawsuit after their 3-year-old daughter allegedly developed acute kidney failure tied to an E. coli outbreak...

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Business news • May 28

Fertitta Entertainment buying out Caesars for $5.7B in cash

LAS VEGAS (KSNV) — Billionaire Tilman Fertitta's company is buying out Nevada-based Caesars Entertainment for nearly $6 billion in cash.

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Business news • May 28

Caesars Entertainment, a Las Vegas Strip icon, is sold for nearly $6 billion

Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas' Golden Nugget and chains like Rainforest Cafe...

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