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Business

Virgin Galactic conducts the highest and fastest flight test

VSS Unity, rocket powered by Virgin Galactic, has climbed to record altitude nearly 56 miles during a flight test on Friday, marking a second time Richard Branson's space has reached. Two pilots, and for the first time, were a passenger. Beth Moses, the chief of the Galactic astronaut and an aerospace engineer, rode along with pilots. The journey allowed him …

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Tesla's miserable week ends on a high note

It delivered its first Model 3 to a customer in China on Friday, weeks ahead of schedule. A ceremony was held for the delivery in Beijing. For a company well known for missing target dates and deadlines, doing something ahead of schedule was a notable accomplishment. China is a particularly important market for Tesla. Although auto sales slowed there last …

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& # 39; Father of Reaganomics & # 39; saying & # 39; exit the market & # 39; – bonds and stocks – & # 39; and put your money in cash & # 39;

David Stockman, the so-called "Reaganomics Father," again believes the fate for Wall Street and the wider economy, even though stock markets are testing new highs for the year. 72-year-old politician and businessman, who has been the director of the Office of Management and Budget under President Ronald Reagan in the 1980's, says Fox Business's Neil Cavuto on Thursday that investors …

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Stock Futures Climb On Trade Talks, Oil Prices, Earnings

Stock futures are gaining some gains that are open tomorrow. Intel (INTC) and Tesla (TSLA) are early risers. News revenues are generally positive, and copper and oil prices also jump. Later, President Donald Trump set out to join China's talk with Washington. X S & P 500 and the Dow Jones futures have reached 0.3%. The Nasdaq 100 futures dropped …

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Now is the time to take some insurance if the trade, the Fed does not go through the way stocks want, says chief investment officer UBS

A week of ho-hum for stocks may end with a pop, thanks to the hopes of investors in the front of the trade. This could be the only idea of ​​a planned joint-venture between POTUS and China's leading Chinese businessman on Friday driving global equations higher, while talking about the details of such a drab deal. Make sure there are …

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A Fed pivot, born of volatility, missteps, and new economic reality

WASHINGTON (Reuters) – The Federal Reserve's promise in January to be "patient" about further interest rate hikes, putting a three-year-old process of policy tightening on hold, calmed markets after weeks of turmoil that wiped out trillions of dollars of household wealth. FILE PHOTO: A screen displays the headlines that the U.S. Federal Reserve raised interest rates as a trader works …

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Lawmakers of the Italian rulers push Huawei ban: paper

FILE PHOTO: The Huawei Technologies logo in front of German headquarters of the Chinese telecommunications group in Duesseldorf, Germany, February 18, 2019. REUTERS / Wolfgang Rattay / Photo Image MILAN (Reuters) – A group of lawmakers from the coalition ruling in Italy are pushing the government to ban China's Huawei Technologies Co Ltd from supplying equipment for the country's launch …

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Enron chief Jeffrey Skilling has been released from federal custody

News Breaking Emails Get breaking news alerts and special reports. The stories and stories that matter, are delivered every morning. SUBSCRIBE Feb. 22, 2019, 4:26 AM GMT By Reuters Jeffrey Skilling, the onetime chief of Enron Corp sentenced to 24 years in prison because of his belief in charges arising from awe The company's collapse, released from federal custody, reported …

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