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☆ Talk of recession is dying down in corporate America
▼ + stars: | 2024-03-17 | by ( Alex Harring | ) www.cnbc.com time to read: +7 min

Ever since the Federal Rserve began raising interest rates in early 2022, corporations and investors have braced for how a recession might play out. The word recession came up on the fourth-quarter earnings calls of 47 companies in the S & P 500, according to market data platform FactSet. Almost half of the more than two dozen finance chiefs surveyed by CNBC said they expect the Federal Reserve to control inflation without a recession, a scenario known as a soft landing. Looking ahead to 2024, CFO Emma Giamartino said the Dallas-based company's full-year guidance is "contingent" on the Fed cutting short-term interest rates and the economy skirting a recession. "All indications are now that we're going to have more of a soft landing than a recession."

Persons: John Wall, Emma Giamartino, Giamartino, Richard Galanti, Galanti, Joseph Margolis, it's, Margolis, J, Thomas Hill, Marvin Ellison, Ellison Organizations: Federal, U.S, Cadence Design Systems, CNBC, Federal Reserve, Costco, Kirkland Signature, Hotels, Vulcan Locations: Dallas, Salt Lake City, North Carolina

☆ Researchers were surprised to discover a second fetus inside a 2,000-year-old mummy over 100 years after archeologists found it
▼ + stars: | 2024-01-10 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +3 min

"This is the first mummy of its kind discovered," Francine Margolis, who led a study on the mummified remains, told LiveScience . She performed a CT scan on the mummified woman's remains to obtain pelvic measurements to confirm the cause of death. Margolis and George Washington University anthropologist David Hunt then examined X-rays of the remains and were surprised to see a second fetus, Margolis said. The second fetus' position inside the woman's chest cavity is also a mystery. The X-ray images showed researchers the second fetus more clearly than the CT scans.

Persons: —, Francine Margolis, LiveScience, Embalmers, Margolis, David Hunt, Hunt Organizations: Service, Business, Smithsonian Museum, George Washington University, of Osteoarchaeology, Osteoarchaeology, Smithsonian

The world also said goodbye to former U.S. Secretary of State Henry Kissinger, who died Nov. 29. Political Cartoons View All 1277 ImagesAnother political figure who died this year was former U.S. first lady Rosalynn Carter, who died Nov. 19. Among the entertainers who left the world this year was singer Tina Turner, who died May 24. Here is a roll call of some influential figures who died in 2023 (cause of death cited for younger people, if available):___JANUARY___Fred White, 67. A Hall of Fame forward who helped the Chicago Blackhawks win the 1961 Stanley Cup Final.

Persons: Wagner, Yevgeny Prigozhin, Prigozhin, Vladimir Putin’s, Henry Kissinger, Rosalynn Carter, Jimmy Carter, Silvio Berlusconi, Dianne Feinstein, James Buckley, James Abourezk, Nigel Lawson, Pervez Musharraf, Sandra Day O’Connor, Li Keqiang, Martti Ahtisaari, United Nations Bill Richardson, Gov, Sheila Oliver, Theodoros Pangalos, Tina Turner, Ike Turner, Suzanne Somers, Matthew Perry, Raquel Welch, Richard Belzer, Chaim Topol, Jacklyn Zeman, Lance Reddick, Alan Arkin, Paul Reubens, David McCallum, Richard Roundtree, Tom Sizemore, Jimmy Buffett, Sinéad O’Connor, Rita Lee Jones, Burt Bacharach, David Crosby, Fito Olivares, Ryuichi Sakamoto, Astrud Gilberto, Coco Lee, Tony Bennett, Harry Belafonte, Cormac McCarthy, William Friedkin, Bob Barker, Jerry Springer, Louise Glück, Jeff Beck, Mary Quant, Kaija Saariaho, Lloyd Morrisett, Fred White, Maurice, Verdine White, Ken Block, Walter Cunningham, Fay Weldon, ” Jan, Russell Pearce, Charles Simic, Lynette “ Diamond ” Hardaway, Donald Trump, Diamond, Constantine, Jan, Tatjana Patitz, George Michael’s, Lisa Marie Presley, Elvis Presley, Robbie Knievel, Evel Knievel, Ray Cordeiro, Elmo, Cookie, Gina Lollobrigida, Chris Ford, Crosby, Stills, Nash, Young, Cindy Williams, Shirley, “ Laverne, Billy Packer, Sylvia Syms, Alex ”, Barrett Strong, Norman Whitfield, “ Papa, Rollin ’ Stone, Tom Verlaine, Patti Smith, Bobby Hull, Paco Rabanne, Harry Whittington, Dick Cheney, Hsing Yun, ”, San Jose ”, Carlos Saura, Spain’s, Hugh Hudson, Oscar, “ Greystroke, Hans Modrow, David Jude Jolicoeur, Huey “, ” Smith, Little Richard, Lloyd Price, “, Leiji Matsumoto, Yamato ”, Tim McCarver, Stella Stevens, Jerry Lewis’s, John Munch, Ahmed Qureia, Betty Boothroyd, Ricou Browning, Gill, Gérard Latortue, Fontaine, Barbara Everitt Bryant, Ryan ”, Kenzaburo Oe, Judy Heumann, Gary Rossington, Lynyrd Skynyrd, Georgina Beyer, Traute Lafrenz, Rose, Peterson Zah, Tevye, Robert Blake, Jiang Yanyong, Bud Grant, Dick Fosbury, Pat Schroeder, Gloria Bosman, Jacqueline Gold, Britain’s Ann Summers, John Wick ”, John Jenrette, Juana La, Willis Reed, Darcelle, Paul O’Grady, Lily Savage, Emperor ”, Hedda Kleinfeld Schachter, Margaret Thatcher, Ben Ferencz, Nuremberg, Elisabeth Kopp, Michael Lerner, Jack Lipnick, “ Barton Fink, Bugsy Calhoun, Anne Perry, Thomas Pitt, William Monk, Al Jaffee, magazine’s, Charles Stanley, Richard Riordan, Todd Haimes, Tony Awards, Barry Humphries, Tony, Dame Edna Everage, Len Goodman, Carolyn Bryant Donham, Emmett Till, LeRoy “ Lee ” Carhart, Larry “, ___ Gordon Lightfoot, Tori Bowie, Vida, Grace Bumbry, Rock ”, Ovelha, Denny Crum, Heather Armstrong, Bobbie Spencer, Rolf Harris, Kenneth Anger, Doyle Brunson, Jim Brown, Timothy Keller, Andy Rourke, Ray Stevenson, Thor ”, Ed Ames, George Maharis, Carroll Cooley, Miranda, John Beasley, Kaija, George Winston, Ipanema ”, Robert Hanssen, Richard Snyder, Simon & Schuster, Françoise Gilot, Pablo Picasso —, Pat Robertson, Theodore “ Ted ” Kaczynski, Roger Payne, Treat Williams, Glenda Jackson, Daniel Ellsberg, Richard Nixon, Big, George Frazier, Lee Sarokin, Rubin “, ” Carter, Winnie Ewing, Sheldon Harnick, Jerry Bock, “ Fiorello, John Goodenough, Peg Yorkin, Sue Johanson, Yan Mingfu, John Berylson, James Lewis, poisonings, Mikala Jones, André Watts, Jane Birkin, Kevin Mitnick, San Francisco ”, Frank Sinatra, Lady Gaga, Hugh “ Sonny ” Carter Jr, Jimmy, Randy Meisner, Herman, Angus Cloud, Fezco, ” O’Neill, ___, Mark Margolis, Hector Salamanca, Saul, Sixto Rodriguez, flamed, Robbie Robertson, Tom Jones, Magoo, Timbaland, Aaliyah, Missy Elliott, Clarence Avant, Quincy Jones, Bill Withers, Ada Deer, Jerry Moss, Herb Alpert, Alpert, Michael Parkinson, Muhammad Ali, Miss Piggy, Jiri Cerny, Betty Tyson, Richard Nixon’s, John Warnock, Ron Cephas Jones, Howard Hubbard, Samuel “ Joe ” Wurzelbacher, Joe, Barack Obama, Gil Brandt, Tom Landry, Tex Schramm, Bill Richardson, Steve Harwell, Shabtai Shavit, Jordan, Ian Wilmut, Dolly, Prince Mangosuthu Buthelezi, Roy Kidd, Eno Ichikawa, Michael McGrath, Fernando Botero, Giorgio Napolitano, Matteo Messina Denaro, Michael Gambon, Albus Dumbledore, Harry Potter ”, Mankombu Sambasivan, Saad Eddin Ibrahim, Hosni Mubarak, Tim Wakefield, Dick Butkus, Michael Chiarello, Michael Chiarello ”, Masters, Burt Young, Paulie, Sylvester Stallone, Hughes Van Ellis, Kevin Phillips, Louise Meriwether, Mark Goddard, Major Don West, Rudolph Isley, Isley, unblinking, Piper Laurie, Chrissy Snow, Bobby Charlton, Bishan Bedi, Richard Moll, Xi Jinping, Wu Zunyou, Chandler Bing, Ken Mattingly, Bob Knight, Frank Borman, Steve Norton, Don Walsh, Mariana Trench, Terry R, Taylor, Daisaku Ikeda, Herbie Hancock, Bobby Ussery, George “ Funky ” Brown, Joanna ”, Marty Krofft, Pufnstuf, Donny, Marie ”, Terry Venables, Tim Dorsey, Serge A, Frances Sternhagen, ” “, Charlie Munger, Warren Buffett, Berkshire Hathaway, Gerald Ford, Shane MacGowan, Bernard McGhee Organizations: Wagner Group, Russian, White House, U.S, Supreme, United Nations, Greek Foreign, Republican, Hong, Boston Celtics, NBA, NBC, CBS, Television, Fame, Chicago Blackhawks, ”, New, of Fame, Louis Cardinals, “, Palestinian, Israel, South Dakota Democrat, Arab, Arab American U.S, Britain’s, Commons, . Census Bureau, Alabama ”, Zealand, Navajo, Minnesota Vikings, People, Playboy, Capitol, Juana La Cubana, New York Knicks, Guinness, World Records, Hollywood, Treasury, Southern Baptist Convention, Los Angeles, Roundabout Theatre Company, Air Force, Harlem Globetrotters, Janeiro Games, baseball’s, Germany’s Bayreuth, NCAA, Hall of Famer, Redeemer Presbyterian Church, Legion, Ames, Phoenix, FBI, Simon &, Christian Broadcasting Network, Republican Party, Christian Coalition, Harvard, Feminist Majority Foundation, “ Little, Communist Party, Millwall, New York Philharmonic, San, Brigade, Wing, Eagles, HBO, of Indian Affairs, M, Police, Carpenters, Adobe Systems, Pro Football Hall of Fame, Dallas Cowboys, escapist, Democratic, Zulu, Eastern, AA, Broadway, Communist, U.S . Senate, Red Sox, Yankees, Boston, Chicago Bears, Major, Isley Brothers, New York Times, Manchester United, India, Indiana, Nevada — Resorts, Atlantic City —, Navy, Associated Press, Soka Gakkai, Kentucky Derby, Kool, The, European, Barcelona, Tottenham, City Locations: Russia, Ukraine, Bakhmut, Russian, U.S, Finnish, New Mexico, New Jersey, British, Greece, American, Hong Kong, Italian, America, New York, Spanish, catwalks, Texas, Taiwan, Pakistan, Afghanistan, San, New Orleans, Rosebud, Arab American, Haiti, “, African, Brooklyn, London, Los, Mississippi, United States, Rivers, Georgia, Savannah, Louisville, New York City, Irish, HBO’s “ Rome, Brazilian, Ipanema, Moscow, Virginia, Montana, Vietnam, Canada, Asia, Chicago, Hawaii, France, South Africa, Wisconsin, Los Angeles, Czech, Eastern Kentucky, Colombian, ”, California, Tulsa, Finland, China, Nevada, Atlantic City, Florida, Berkshire

☆ SpaceX Starship: World’s most powerful rocket ready for takeoff
▼ + stars: | 2023-11-16 | by ( Jackie Wattles | ) edition.cnn.com time to read: +11 min

CNN —After months of rebuilding and clearing red tape following the April explosion of the Starship system’s first test flight, SpaceX is set for its next attempt. The Starship spacecraft stacked atop the Super Heavy booster is intended to play a key role in the NASA Artemis III moon mission, currently slated for 2025. After its fuel is spent, the Super Heavy will detach from the Starship spacecraft and fall back toward the ocean. “These delays may seem small in the big scheme of things but … delays in each and every test flight adds up. One group of activists sued the FAA in May, alleging regulators had failed to comply with federal environmental law when they greenlit Starship’s April test flight.

Persons: Elon Musk, Musk, they’re, NASA Artemis, ”, Musk’s, SpaceX’s, NASA’s —, Jim Free, “, ” Musk, William Gerstenmaier —, we’re, ” Gerstenmaier, Jared Margolis Organizations: CNN, SpaceX, Super, NASA, International Astronautical, “, NASA’s, Systems, Federal Aviation Administration, FAA, Center for Biological Locations: Riding, Boca Chica , Texas, South Texas, Texas, Padre, of Mexico, Hawaii, Baku, Azerbaijian, China

☆ SpaceX Starship: FAA grants launch license for Friday test launch
▼ + stars: | 2023-11-15 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

CNN —Federal regulators have granted SpaceX permission to launch a long-awaited second test flight of its Starship system — the most powerful rocket ever built — following an explosive first attempt in April. The agency then completed a safety review on October 31 for SpaceX’s planned second test flight. That process concluded on November 14, according to a statement from the agency, allowing FAA to issue the launch permit. Environmental concernsSpaceX may also face additional pushback from environmentalists ahead of — or in the wake of — the second launch attempt. The group of environmental and wildlife advocates that previously sued the FAA could still attempt to seek an injunction to stop the next launch.

Persons: “, Artemis, greenlit, William Gerstenmaier, we’re, SpaceX’s, Elon Musk, Jared Margolis Organizations: CNN, SpaceX, Federal Aviation Administration, Super, FAA, US Fish and Wildlife Service, Center for Biological Diversity Locations: of Mexico, Boca Chica , Texas, China, —

☆ Side-by-side photos show 4 major changes made to SpaceX's Starship rocket system after its first launch ended in an explosion
▼ + stars: | 2023-09-19 | by ( Marianne Guenot | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +11 min

AdvertisementAdvertisementMore than a thousand changes have been made to the rocket since and it is now "ready to launch" again Musk recently said. SpaceX's enormous Starship mega-rocket is made of two stages: the Starship spaceship and its booster, the Super Heavy booster. The Starship-Super Heavy launch system is made up of two stages. Instead, for Starship's maiden test flight, SpaceX decided to see if they could absorb the force of the flames with a thick concrete launchpad alone. The FAA will still need to review the changes made to the Starship launch system before it can grant a new license.

Persons: Elon Musk, Musk, it's, Abhi Tripathi, Starship's, Tripathi, Ashlee Vance, Vance, hushes, —, SpaceX's, LabPadre, SpaceX hasn't, It's, April's, Polly Trottenberg, Jared M, Margolis Organizations: SpaceX, Service, NASA, Super, Mission, University of California's, Sciences Laboratory, Flight Safety, FAA, Bloomberg, Boca Chica, CNBC, Texas Commission, Environmental, Center for Biological Diversity Locations: Wall, Silicon, Starship's, Boca Chica , Texas

☆ Mark Margolis, Scene Stealer from ‘Breaking Bad,’ Dies at 83
▼ + stars: | 2023-08-04 | by ( Alex Williams | More About Alex Williams | ) www.nytimes.com time to read: +1 min

But no role made him as instantly recognizable to millions of viewers as his Hector in Vince Gilligan’s critically acclaimed AMC series “Breaking Bad,” starring Bryan Cranston, Aaron Paul, Anna Gunn and Giancarlo Esposito, and its prequel, “Better Call Saul,” with Bob Odenkirk and Rhea Seehorn. The role, in “Breaking Bad,” brought him an Emmy nomination in 2012 for outstanding guest actor in a dramatic series. His Hector, or Tio, was indelible. Despite his lack of dialogue in “Breaking Bad,” Mr. Margolis proved a scene stealer from his wheelchair, his eyes bulging, his face trembling with rage, despite the nasal cannula pumping oxygen up his nose and his palm furiously banging his bell, taped to an arm of the chair, whenever he needed attention. “I tell people I’m the second-most famous bell ringer after Quasimodo,” he said in a 2016 interview with Vulture, New York magazine’s culture site.

Persons: Hector, Vince Gilligan’s, ”, Bryan Cranston, Aaron Paul, Anna Gunn, Giancarlo Esposito, Saul, Bob Odenkirk, Rhea Seehorn, Walter White, Cranston, ” Mr, Margolis, “, Quasimodo Locations: New Mexico, , New York

☆ Mark Margolis, ‘Breaking Bad’ and ‘Better Call Saul’ actor, dead at 83
▼ + stars: | 2023-08-04 | by ( Marianne Garvey | ) edition.cnn.com time to read: +4 min

CNN —Mark Margolis, a veteran actor known for his performances on “Breaking Bad” and “Better Call Saul,” has died, his son, actor and Knitting Factory Entertainment CEO Morgan Margolis, told CNN in a statement. Margolis received an Emmy nomination in 2012 for portraying Hector “Tio” Salamanca in “Breaking Bad.” Tio, a fan-favorite character, was a former cartel enforcer who communicated using a brass bell attached to his wheelchair. The fact that he didn’t have any words was not an issue for me,” Margolis told Time in 2013 of the role. Insecure is probably the word.”Margolis joked about being known for his “Breaking Bad” bell-ringing skills when he was hired to be in a commercial for an Apple watch app. Later on Friday, Cranston posted a tribute to Margolis on Instagram, writing, “Mark Margolis was a really good actor and a lovely human being.

Persons: Mark Margolis, Saul, ”, Morgan Margolis, Margolis, Hector “ Tio ”, ” Tio, Tio, ” Margolis, “, Ventura, Oz, Darren Aronofsky, Stella Adler, ’, ’ ” Margolis, Vulture, Quasimodo, It’s, Saul ”, Jonathan Banks, Jacqueline, Cranston, Instagram, “ Mark Margolis, ” Cranston, ” Aronofsky Organizations: CNN, Knitting Factory Entertainment, Mount Sinai, Apple Locations: New York City, Hector “ Tio ” Salamanca, “, New Mexico, New York

☆ Extra Space Storage CEO on Life Storage merger: Significant synergies we can unlock from this deal
▼ + stars: | 2023-07-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExtra Space Storage CEO on Life Storage merger: Significant synergies we can unlock from this dealJoseph Margolis, Extra Space Storage CEO, joins 'Squawk Box' to discuss the company's acquisition of Life Storage in a $12 billion all-stock transaction deal, which makes the company the largest facility firm in the U.S. by number of locations.

Persons: Joseph Margolis Locations: U.S

Finding the perfect beach bag can be a lifelong pursuit. Unable to find something just right for herself, Melissa Morris decided to design a suite of beach-ready totes for her London-based accessories brand, Métier. The new Cala collection offers carryalls in a checkerboard straw weave Morris developed with artisans outside of Florence. “We wanted to elevate the classic raffia bag, which can be heavy and stiff,” says Morris. View ThisRF Alvarez’s Paintings of Queer Intimacy in the American West

Persons: Melissa Morris, Morris, “, ” Locations: London, Florence, métier.com

"With loan terms tougher and tighter, the option for private credit providers is on steroids," said Drew Schardt, head of investment strategy at Hamilton Lane, one of the largest investment firms in private markets. Pietrzak sees "attractive" assets in auto and consumer lending. POISED TO GAIN SHAREInvestors providing private credit comprise 12% of the $6.3 trillion U.S. commercial credit market, according to Fitch Ratings. "The tightening of lending standards creates opportunities for private credit to gain share," said Lyle Margolis, Fitch's head of private credit. While private credit funds have grown swiftly, the risks they pose to the financial system appear limited, the Federal Reserve wrote in a report this month.

An aerial view of a Starship prototype stacked on a Super Heavy booster at the company's Starbase facility outside of Brownsville, Texas. Elon Musk's SpaceX is set to join the Federal Aviation Administration as a co-defendant to fight a lawsuit brought by environmental groups following the company's first test flight of Starship, the world's largest rocket, which ended in a mid-flight explosion last month. The lawsuit seeks for the FAA to conduct an environmental impact statement (EIS) — a lengthy and thorough procedure that would likely sideline SpaceX's Starship work in Texas for years. The company also wrote in the motion that "the FAA does not adequately represent SpaceX's interests" in the lawsuit, since it's a government agency. The FAA in a statement to CNBC said it "does not comment on ongoing litigation issues."

☆ The Martian Chronicles
▼ + stars: | 2023-05-19 | by ( Alec Nevala-Lee | ) www.nytimes.com time to read: +2 min

Instead of astronauts, exploration has been left to robots, which attract passionate fans of their own. As Shindell observes, a trip to Mars “always seems to be two or three decades in the future,” allowing policies in the present to be justified or forgiven indefinitely. To his credit, Shindell persuasively argues that Mars is most instructive when it sheds light on how we see ourselves. Proposals for Martian colonies are often tangled up with the language of capitalism and privilege, treating the planet as an escape hatch that minimizes the need to solve problems on Earth. It fills the same imaginative role today that America once did for Europe, which underlines the danger of exporting old assumptions to an undiscovered country.

☆ Opinion | ‘Christianity’s Got a Branding Problem’
▼ + stars: | 2023-05-10 | by ( Jessica Grose | ) www.nytimes.com time to read: +4 min

“Virtually every major theme in the sixties’ controversies would divide Americans for the rest of the century, setting the fuse for the so-called culture wars,” they note. The “aftershock” was the backlash in the 1970s and ’80s against what were thought of as countercultural values. As these subjects were surveyed into the earlier 2000s, the pew gap only widened. The connection between political conservatism and religiosity has kept many Republicans in the pews, while it’s pushed scores of Democrats away from religion entirely. While moderate and liberal boomers did move away from religion as they got older, the percentage of American nones really began to increase in the late 1990s.

☆ Environmental groups sue U.S. over SpaceX launch license for Texas
▼ + stars: | 2023-05-01 | by ( Steve Gorman | ) www.reuters.com time to read: +4 min

May 1, (Reuters) - Conservation groups sued the Federal Aviation Administration on Monday, challenging its approval of expanded rocket launch operations by Elon Musk's SpaceX next to a national wildlife refuge in South Texas without requiring greater environmental study. SpaceX had vigorously opposed subjecting its Starbase to an EIS review, a process that typically takes years, even decades. The FAA granted its license following a far less thorough environmental assessment and a finding that SpaceX activities at Boca Chica pose "no significant impact" on the environment. The lawsuit challenges that finding as a violation of the National Environmental Policy Act. The lawsuit highlights a history of tension between environmentalists, who have sought to limit development at Boca Chica, and Musk, a hard-charging entrepreneur known for risk taking.

CNN —Environmental groups are suing the Federal Aviation Administration in federal court over SpaceX’s launch of its massive Starship rocket last month. ‘All kinds of environmental harm’Ahead of the launch on April 20, the FAA issued a finding that the launch would have no significant impact on its surrounding environment. Margolis told CNN that the SpaceX explosion proves the groups’ legal argument that the FAA erred in its decision-making. The FAA’s roleThe FAA licenses commercial rocket launches and gave the green light for the SpaceX launch attempt after more than a year of back-and-forth. When asked about potential legal backlash from environmental groups on Saturday, Musk was defiant.

☆ Environmental groups are suing the FAA over SpaceX's failed Starship rocket launch over Texas
▼ + stars: | 2023-05-01 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

Environmental groups are suing the FAA over SpaceX's giant rocket launch in April. Debris from the Starship explosion was hurled thousands of feet from the launch pad, officials said. SpaceX's Starship rocket exploded over the Gulf of Mexico on April 20 after soaring 24 miles (39 kilometers) into the sky. The launch pad is on a remote site on the southernmost tip of Texas, just below South Padre Island, and about 20 miles from Brownsville. It was the first launch of a full-size Starship, with the sci-fi-looking spacecraft on top the huge booster rocket.

Fish and Wildlife Service. Damage to the launch pad, the floor of which was largely demolished during liftoff, was visible in photos of the aftermath. SpaceX did not immediately respond to a request for comment on the Fish and Wildlife Service findings. The April 20 launch was days after the Federal Aviation Administration (FAA) granted SpaceX a license to launch the Starship via its Super Heavy rocket booster. REUTERS/Joe Skipper 1 2 3The report by the Fish and Wildlife Service, part of the U.S.

☆ SpaceX Starship explosion ignited 3.5-acre fire and sent debris thousands of feet, U.S. Fish and Wildlife Service says
▼ + stars: | 2023-04-26 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

Debris litters the ground on April 22, 2023, after the SpaceX Starship liftedoff on April 20 for a flight test from Starbase in Boca Chica, Texas. Fish and Wildlife Service disclosed new details on Wednesday about the aftermath of last week's SpaceX Starship Super Heavy launch and mid-air explosion, including that a "3.5-acre fire started south of the pad site on Boca Chica State Park land," following the test flight. In the agency's e-mailed statement, a spokesperson for the Fish and Wildlife Service said that following the launch and mid-air explosion, "Cameron County closed Boca Chica Beach and State Highway 4 for 48 hours due to launch pad safety concerns." The road closures prevented FWS staff from "accessing refuge-owned and managed land" until mid-morning on April 22, the agency confirmed. Elon Musk's defense contractor designed its Starship Super Heavy with the ambition of taking people and supplies on a Mars mission one day.

☆ SpaceX Starship explosion spread particulate matter for miles
▼ + stars: | 2023-04-24 | by ( Lora Kolodny | ) www.cnbc.com time to read: +7 min

Of primary concern is the large amount of sand- and ash-like particulate matter and heavier debris kicked up by the launch. Images captured during the test flight show that the SpaceX launch pad also exploded, with concrete chunks from it flying in multiple directions leaving behind a giant crater underneath. That would translate to a one-square-mile debris field, with debris emanating about three-quarters of a mile away from the site, he said, referencing SpaceX environmental site assessment documents that are public record. Health concernsThe impacts of particulate emissions from the SpaceX launch won't be understood until samples are evaluated and the debris field measured comprehensively. Margolis and Cortez both noted that roads had been damaged, with gates and cordons closed immediately following the SpaceX Starship test flight.

☆ How FTX founder SBF and friends quietly donated to political groups and relatives
▼ + stars: | 2022-12-19 | by ( Brian Schwartz | ) www.cnbc.com time to read: +10 min

FTX founder Sam Bankman-Fried is led by officers of the Royal Bahamas Police force following his arrest. The disgraced CEO donated to his brother Gabe Bankman-Fried's nonprofit organization, Guarding Against Pandemics. Alameda Research donated more than $12 million to Gabe Bankman-Fried's nonprofit since late last year, according to California state campaign finance records. California state campaign finance records show Alameda donated $5 million to Guarding Against Pandemics last year and $7.1 million this year. Guarding Against Pandemics also paid political communications and media company GMMB just over $690,000 last year for advertising and production, its tax form says.

☆ Inside the private-debt boom: Wall Street's hottest asset faces a tremendous test in a dimming economy
▼ + stars: | 2022-12-05 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +10 min

Defaults on private loans, which have fallen steadily since the pandemic's height in 2020, are ticking up. Private credit, or private debt, are catch-all terms to describe privately negotiated loans outside the public debt markets. Private credit firms engage in what's known as direct lending, making these private loans to companies who turn to them instead of a traditional bank. Analysts and asset management executives say private debt has held up well in 2022 in the face of brutal stock and bond market volatility. 'Fighting for allocation'A challenge for private debt funds in the past decade has been a dearth of companies they can lend to.

☆ Inside the stunning unraveling of Bright Health, a health-insurance upstart that rocketed to an $11.2 billion valuation and then cratered as it grew too fast
▼ + stars: | 2022-12-05 | by ( ) www.businessinsider.com time to read: +11 min

Bright Health Group grew fast. "We're just starting to realize the full potential of our differentiated model, and we're excited about the future of Bright Health Group," Bright CEO G. Mike Mikan told analysts at that investor event. Bright Health is one of a handful of upstarts trying to take on the health-insurance industry. Clover Health; Bright Health; Oscar Health; Olivia Reaney/Business InsiderBreaking into the health-insurance industry is tough. Bright moves to cut expensesAs losses mounted in 2021, Bright scrambled to raise capital.

One of the biggest makers of generic drugs, Israeli-based Teva said it aims eventually to secure a 10% global market share of biosimilars. A division of Novartis (NOVN.S), Sandoz is currently the second biggest player after Pfizer Inc (PFE.N) in the biosimilar market by gross sales globally, per IQVIA data, cited by Sandoz. Sandoz launched eight biosimilar drugs between 2017 and 2021, including a version of Bristol-Myers’ multiple myeloma drug Revlimid. The analysis projected the value of the global biosimilar market could more than triple to an estimated $74 billion by 2030. Sandoz and Teva are both working on biosimilars for Humira.

The second round of voting in the race between far-right populist President Jair Bolsonaro and his challenger, Lula, has divided the nation as well as Brazilian nationals living abroad. While Lula beat Bolsonaro by about 4 percentage points, he came shy of the 50% threshold needed to avoid a runoff. “Honestly I never thought I would be voting for Lula again — I was quite disappointed in how corrupt his government was,” said Ferrari. Bolsonaro has cast doubt on the 2020 U.S. election results, echoing false claims that there was widespread fraud. "I think that the imperfections on the Bolsonaro side are just unneglectable.”Follow NBC Latino on Facebook, Twitter and Instagram.

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