In recent years, the ultrawealthy have been redefining the concept of luxury real estate, seeking not just a residence but a lifestyle and strong investment potential. A new study reveals that one-quarter of American ultra-high-net individuals, with net worths exceeding $30 million, are planning to purchase residential properties this year. The average ultrawealthy individual already
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Rocket Lab, a space company known for its Electron rocket, has been making significant headway in the development of its new Neutron vehicle. Despite reporting a net loss for the fourth quarter, the company’s contract backlog has surged past $1 billion. This is a promising sign for Rocket Lab as it continues to invest heavily
In a recent interview with CNBC, JPMorgan Chase CEO Jamie Dimon shared his thoughts on the proposed $35.3 billion takeover of Discover Financial by Capital One. Despite the potential consequences of the deal, Dimon remains unfazed by the prospect of increased competition in the credit card industry. He emphasized the importance of healthy competition, stating
The airline industry is no stranger to adjusting prices, especially when it comes to extra services like checking bags. In recent years, major carriers such as United Airlines, American Airlines, and JetBlue Airways have implemented price increases for checking bags. This has led to a two-tiered pricing strategy, where customers are charged more if they
Intuitive Machines made headlines in the space industry when its Nova-C cargo moon lander, known as “Odysseus,” successfully landed on the lunar surface. This marked a significant milestone as it became the first privately developed spacecraft to achieve this feat, as well as the first U.S. spacecraft to soft-land on the moon in over 50
On Thursday, Intuitive Machines, a lunar company based in Houston, Texas, is set to make history with its IM-1 mission. The goal is to achieve the first American lunar landing since the Apollo era, which is a significant milestone in space exploration. Intuitive Machines’ spacecraft, named “Odysseus” after the mythological Greek hero, is aiming to
Boeing, one of the world’s largest aerospace companies, is facing yet another crisis as it replaces the head of its 737 Max program. This decision comes in the wake of a panel blowing out on one of the jet models during an Alaska Airlines flight. The incident led to a brief federal grounding of the
A coalition of unions is gearing up for a proxy fight at the annual meeting of Starbucks in March. The Strategic Organizing Center (SOC) points out that the coffee giant’s human capital management strategy is flawed and puts the company’s reputation, shareholder returns, and customer base at risk. The coalition plans to replace three current
Bridgit Mendler, known for her roles on Disney Channel and music career, is now venturing into a new realm – the space industry. After studying at MIT and Harvard Law School, Mendler found her passion for space law at the Federal Communications Commission’s Space Bureau. She is now the CEO of startup Northwood Space, aiming
Recently, Carl Icahn successfully secured seats on JetBlue Airways’ board of directors, as confirmed by a statement from the airline. This move came shortly after he disclosed his nearly 10% stake in the New York-based airline and expressed his interest in obtaining board representation. The two new directors appointed by Icahn include Jesse Lynn, the