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Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
Finances

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy

Markets Finance The company says it is working toward finding a buyer Source link

Virgin Orbit to Cut Workforce by 85%
Business

Virgin Orbit to Cut Workforce by 85%

The satellite-launch company is cutting expenses after failing to secure meaningful funding. Source link

Satellite Operators SES, Intelsat Discuss Merger as Industry Looks to Consolidate
Business

Satellite Operators SES, Intelsat Discuss Merger as Industry Looks to Consolidate

A possible combination could position the two to compete with Elon Musk’s Starlink service. Source link

Intel, Raytheon, Other Big Companies Push Back on EU Subsidy Rules
Business

Intel, Raytheon, Other Big Companies Push Back on EU Subsidy Rules

WSJ News Exclusive Europe Companies warn new disclosure requirements could disrupt deals, halt public tenders Source link

Aerospace Executives Go to Trial Over Alleged No-Poach Deals
Business

Aerospace Executives Go to Trial Over Alleged No-Poach Deals

Business Law Justice Department is still trying to win its first trial over alleged criminal labor-market collusion Source link

American Airlines to Temporarily Suspend Route Due to Boeing Dreamliner Delays
Business

American Airlines to Temporarily Suspend Route Due to Boeing Dreamliner Delays

WSJ News Exclusive Business Airline says it will halt Philadelphia-Madrid route for several weeks in May and early June Source link