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Richard Branson says he's months away from becoming an astronaut, as his space race with Jeff Bezos suddenly heats up

Richard Branson says he’s months away from becoming an astronaut, and “neck and neck” with Jeff Bezos in the race to begin space tourism. Both Branson and Bezos’ respective companies, Virgin Galactic and Blue Origin, have completed successful test flights in recent weeks. …read more […]

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Giuliani Accuses Mueller of Leading `Rigged’ Probe Into Trump

Donald Trump’s lawyer again questioned the legitimacy of Special Counsel Robert Mueller’s ongoing probe into Russian meddling in the 2016 U.S. election, even as a possible interview between Mueller and the president looms. “We’re more convinced as we see it that this is a rigged investigation,” Rudy Giuliani said Sunday on CNN’s “State of the Nation.” Asked if he sees the probe as legitimate, Giuliani, who joined Trump’s legal team in mid-April, replied: “Not any more. The former New York mayor is seeking a readout of the classified information Justice Department officials shared with lawmakers on Thursday about …read more […]

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Dodge to resurrect the Viper a second time

First came the mourning for the Dodge Viper, which ended production last year. Then came the Viper’s continued sales run as a “Zombie Car;” we just wrote about how the Viper has racked up 11 sales so far this year, two of them in April. Now Car and Driver reports that the two-seater snake will return shorty for its second encore after being discontinued in 2009. The mag isn’t equivocal about it, either, writing, “trust us: A new Viper is happening.” It won’t, however, be the same Viper that brou …read more […]

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Getting the Market Right: How to Use EBITDA

Transcript:
Steve McDonald (SM): Our guest this week is Marc Lichtenfeld. He’s here to talk about EBITDA. And I’ll let you explain what it is because every time I try to say it, I say income tax instead of interest, taxes, depreciation and amortization. I’m in the markets 35 years. I’ve been working in them since ’91. What were you doing in 1991?

Marc Lichtenfeld (ML): I was out of school. That’s when I was starting to learn about the markets.

SM: Okay. I don’t ever remember hearing it mentioned, but in the last five, maybe 10 years, it’s EBITDA this and EBITDA …read more […]

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Qualcomm to meet China regulators in push to clear $44 billion NXP deal: sources

Qualcomm Inc (QCOM.O) is expecting to meet this week in Beijing with China’s antitrust regulators in a final push to secure clearance for its proposed $44 billion acquisition of NXP Semiconductors NV (NXPI.O), three sources told Reuters. The acquisition has been caught in the crosshairs of rising U.S.-China trade tensions, with sources saying an approval would depend on the progress of broader bilateral talks. Qualcomm is likely to meet Chinese regulators before U.S. Commerce Secretary Wilbur Ross arrives in China on Saturday, the sources briefed on Qualcomm’s discussions said. …read more […]

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Google Has Offered work to Ethereum’s Founder, Vitalik Buterin

Google, the IT behemoth sees opportunities in the sphere of cryptocurrencies and blockchain. This is also confirmed by the reported intention to hire Ethereum’s creator, Vitalik Buterin. Buterin is one of the most famous people in the industry. He has decided to ask the community on Twitter if they should accept the offer of the American giant of the computer industry. …read more […]