FAA OKs SpaceX Starship Flight 8 Launch After Flight 7 Mishap

The Federal Aviation Administration said on Friday it cleared the SpaceX Starship vehicle to return to flight operations while an investigation into the January 16 Starship Flight 7 mishap remains open. The FAA said it issued a license authorizing the SpaceX Starship Flight 8 launch for the combined Starship/Super Heavy vehicle from Boca Chica, Texas…

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Fintech Firm Stripe Valued at $91.5 Billion in Latest Tender Offer

Stripe on Thursday announced a tender offer for employees and shareholders that valued the company at $91.5 billion, nearly 41% higher than its valuation a year ago, potentially delaying the fintech firm’s ambitions of going public. The deal signals the strong recovery of the global venture capital sector, as central banks have started to cut…

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Musk’s Cost-Cutting Team Is Laying off Workers at the Auto Safety Agency Overseeing His Car Company

Elon Musk’s cost-cutting team is eliminating jobs at the vehicle safety agency that oversees Tesla and has launched investigations into deadly crashes involving his company’s cars Elon Musk’s cost-cutting team is eliminating jobs at the vehicle safety agency that oversees Tesla and has launched investigations into deadly crashes involving his company’s cars. The National Highway…

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Differences Bubble up Between PepsiCo and Coca-Cola on Diversity Programs

PepsiCo and rival Coca-Cola are taking different paths on the issue of diversity PepsiCo confirmed Friday that it’s ending some of its diversity, equity and inclusion initiatives, even as rival Coca-Cola voiced support for its own inclusion efforts. In a memo sent to employees, PepsiCo CEO Ramon Laguarta said the company will no longer set goals for minority representation in…

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