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

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy

Markets Finance The company says it is working toward finding a buyer for a once star player in the billionaire’s portfolio Source link

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

Norfolk Southern Derailment Spurs Questioning of Turnaround King’s Strategy
Business

Norfolk Southern Derailment Spurs Questioning of Turnaround King’s Strategy

The late E. Hunter Harrison, who ran four of North America’s major railroads, is credited with transforming the railroad industry by spreading a philosophy of

Lyft Staff Pressed Founders for Change as Uber Pulled Ahead
Business

Lyft Staff Pressed Founders for Change as Uber Pulled Ahead

Ride-share company’s new CEO says his priorities are boosting employee morale and overhauling the customer and driver experience. Source link

Justice Department, EPA File Complaint Against Norfolk Southern
Business

Justice Department, EPA File Complaint Against Norfolk Southern

Government alleges that the Ohio train derailment discharged hazardous substances that violate the Clean Water Act. Source link

‘Hurry Up and Get It Done’: Norfolk Southern Set Railcar Safety Checks at One Minute
Business

‘Hurry Up and Get It Done’: Norfolk Southern Set Railcar Safety Checks at One Minute

In the world of railroading, keeping the trains moving is paramount, and Norfolk Southern Corp. has little tolerance for late departures. Supervisors can be penalized

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

TikTok's Behind-the-Scenes Help in Washington: Former Obama, Disney Advisers
Business

TikTok's Behind-the-Scenes Help in Washington: Former Obama, Disney Advisers

Zenia Mucha, Jim Messina and David Plouffe were brought on to advise the video app’s CEO on handling U.S. criticism over its China ties. Source

Cruise Drink Packages Float Higher for Passengers
Business

Cruise Drink Packages Float Higher for Passengers

Boozy drink packages are a big reason passengers choose to book a cruise. They are also starting to cost a lot more. Cruises blame the

People Are Complaining About Air Travel Way More Than Usual
Business

People Are Complaining About Air Travel Way More Than Usual

Complaints about air travel have nearly quadrupled compared with prepandemic levels after waves of cancellations, delays and lost baggage disrupted the travel plans of millions