Latest Space Stocks News

One of Google's most influential execs was replaced as the head of Google Maps and is biding his time

[Business Insider] - One of Google's most influential engineering...

12 hours ago

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Nordea blacklists Boeing over nuclear arms

[at Financial Times] - Boeing has been blacklisted by the largest Nordic fund company over concerns that the civil and defence aerospace group is producing nuclear weapons. Nordea Asset Management, which oversees ?174bn of assets, ...

1 day, 6 hours ago

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Air China Expands Los Angeles-Beijing Service

[Business Wire] - LOS ANGELES--(BUSINESSWIRE)-- Air China’s executives welcome today the cabin crew of the inaugural flight of the airline’s third nonstop Los Angeles-Beijing service (CA887/CA888) . The new third four times ...

1 day, 10 hours ago

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Warren Buffett denies that Berkshire Hathaway 'too big to fail'

[Reuters] - Warren Buffett on Saturday rejected the idea that Berkshire Hathaway Inc, a sprawling conglomerate he has built over 50 years, has grown so big that it is now too big to fail and requires tighter regulatory oversight. "There is no reason, in logic or in terms of what we've heard, to think that Berkshire would be designated as a SIFI," Buffett said at Berkshire's annual meeting, using the acronym for systemically important financial institution. The SIFI designation forces companies to submit to Federal Reserve oversight, and could make them adopt tighter capital and liquidity requirements that could impede growth and profitability. Buffett and his second-in-command, Charlie Munger, were fielding questions at the annual shareholder meeting.

1 day, 12 hours ago

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About That Salesforce Acquisition

[at Forbes] - Now the furor over the report is dying down a bit and cooler heads are starting to prevail about the Oracle-is-about-to-acquire-Salesforce rumor.

1 day, 13 hours ago

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Airbus profit up on Dassault sale

[AAP] - European planemaker Airbus says it has seen its profit jump in the first quarter thanks to the sale of a stake in rival Dassault Aviation, though its plane orders and deliveries fell slightly. Airbus reported net profit of 792 million euros ($A1.12 billion) in the first quarter, compared with 439 million euros a year earlier. Through the first three months of the year Airbus logged 101 net new orders for jetliners, compared with 103 a year ago, and 110 for chief rival Boeing in the first quarter of 2015. Airbus revenues in the quarter were 12.1 billion euros, down from 12.6 billion euros in the first quarter 2014.

1 day, 20 hours ago

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Blue Skies for Blackstone

2 days, 5 hours ago

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