These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related … Read more

Want to Beat the Heat? Try These Century-Old Recipes.

With highs hovering near 40 degrees Celsius in much of southern China, pretty much everyone is looking to beat the heat. Some have flooded relatively cooler provinces like Yunnan; others are cranking up their air conditioners and debating whether to pay increasingly extortionate prices for ice cream. For the rest of us, there’s still the … Read more

5 things we’ve learned from earnings season so far: How big an impact is inflation having?

More than 80% of the S&P 500 index’s companies have reported second-quarter results so far, and at least five key takeaways have emerged — including that Wall Street was far more worried about the coming earnings season than it needed to be. That doesn’t mean investors were wrong; the numbers and management commentary have confirmed … Read more

The Conversation: New Zealand is touting a green hydrogen economy, but will face big environmental and cultural hurdles

In its plan to retool the economy, the New Zealand government highlighted green hydrogen as a game-changing fuel. It can indeed be used to make climate-friendly fertilisers and steel or to power some modes of transport that aren’t suited to batteries. But to provide a buffer against the volatility of overseas markets, Aotearoa would need … Read more

Wizz Air to Book 1Q Net Reported Loss of EUR450 Mln

By Anthony O. Goriainoff Wizz Air Holdings PLC said Monday that it will book a net reported loss of around 450 million euros ($458.4 million) for the first quarter of fiscal 2023, and that it has adjusted flight schedules due to disruptions including slot-allocation issues and turnaround timings. “In total for the peak summer period … Read more

Bezos’ Blue Origin vs. Branson’s Virgin Galactic

Richard Branson and Jeff Bezos are set to launch themselves just weeks apart, but the exact boundary and experience of their spaceflights has become a point of contention. Branson’s Virgin Galactic flies above 80 kilometers (or about 262,000 feet), which is the altitude the US recognizes as the boundary of space, while Bezos’ Blue Origin … Read more

Rocket Lab launch of CAPSTONE begins NASA return to the moon

The company’s Electron rocket carrying the CAPSTONE mission lifts off from New Zealand on June 28, 2022. Rocket Lab Rocket Lab launched a small spacecraft bound for the moon from its New Zealand facility early Tuesday, a mission that represents firsts for both the company and the National Aeronautics and Space Administration. The company’s Electron … Read more