SpaceX's massive Starship rocket achieved its first ever splashdown during a test flight Thursday, in a major milestone for the prototype system that may one day send humans to Mars. NASA chief Bill Nelson wrote on X. "We are another step closer to returning humanity to the Moon through #Artemis -- then looking onward to Mars."
US lawmakers attacked the head of a top financial regulator for a second consecutive day on Thursday over his agency's failure to deal with workplace misconduct, including discrimination and sexual harassment.
Stock markets wavered Thursday following record-breaking rallies that were fuelled by cooling US inflation, though Wall Street pushed ahead with the Dow topping the 40,000-point mark mid session for the first time.
Walmart reported higher profits Thursday behind solid gains at US stores as the retail giant pointed to increased purchases by wealthier shoppers and improving e-commerce sales. The improved sales to wealthier shoppers reflect a focus on affordable pricing and convenience, as well as a greater attention to products such as fresh food, company executives said on a conference call.
Chinese internet giant Baidu announced Thursday its slowest quarterly revenue growth in over a year, as competition between top players in the country's cutting-edge tech sector intensifies. The figure represents a year-on-year increase of one percent -- the slowest quarterly revenue growth recorded by Baidu since the final quarter of 2022.
Easyjet said Thursday that chief executive Johan Lundgren would step down at the start of 2025 after seven years piloting the no-frills airline, notably through Covid turbulence.
German industrial giant Siemens said Thursday it will sell its electrical motors business Innomotics to private US equity firm KPS Capital Partners for 3.5 billion euros ($3.8 billion).
A Monet sold for nearly $35 million at auction Wednesday evening, Sotheby's said, marking a solid start to New York's spring art sales. Christie's, meanwhile, sold some $115 million in contemporary art the prior evening, including a Jean-Michel Basquiat painting for $32 million.
Asian equities rallied Thursday after US data showed inflation cooled last month, fuelling speculation that the Federal Reserve will cut interest rates twice this year. Tokyo also advanced, even after data showed Japan's economy shrank more than expected in the first three months of the year.
US President Joe Biden unveiled steep tariff hikes on Chinese green tech this week, hitting imports like electric vehicles, chips and solar cells -- and adding stress to US-China ties. - What about green tech prices?
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