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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%
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
A possible combination could position the two to compete with Elon Musk’s Starlink service. Source link
For Chip Makers, a Choice Between the U.S. and China Looms
Washington seeks to steer the semiconductor supply chain using restrictions under the Chips Act. Source link
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
Pentagon Woos Silicon Valley to Join Ranks of Arms Makers
The Defense Department is seeking to enlist startups in its effort to fund and develop new weapons technology, as the U.S. tries to keep pace
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
WSJ News Exclusive Business Airline says it will halt Philadelphia-Madrid route for several weeks in May and early June Source link