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☆ After two failed attempts in the past year, Japan could be next in line to land on the moon
▼ + stars: | 2023-10-06 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +5 min

An H2-A rocket carrying a small lunar surface probe and other objects lifts off from the Tanegashima Space Centre on Tanegashima island, Kagoshima prefecture on September 7, 2023. Last month, Japan's Aerospace Exploration Agency (JAXA) launched a lunar exploration spacecraft from its Tanegashima Space Center. Japan also discarded efforts to land its Omotenashi spacecraft on the moon in November after failing to stabilize communication. Japan's success this time around could be a leap for space exploration more broadly. "It shows that they are learning from their mistakes — a very important aspect of space exploration," said Behar, who is also Phillip and Sarah Gotlieb Memorial Chair at the Technion–Israel Institute of Technology.

Persons: Kari Bingen, Bingen, Smart Lander, SLIM, Ehud Behar, Norman, Helen Asher, Behar, Phillip, Sarah Gotlieb, We've Organizations: Press, Afp, Getty, Japan, Aerospace Security, International Security, Center for Strategic, International Studies, Japan's Aerospace Exploration Agency, JAXA, SpaceX, Cape Canaveral Space Force, Anadolu Agency, Helen Asher Space Research, Technion – Israel Institute of Technology, Artemis Accords, Artemis, Capital, Nurphoto Locations: Tanegashima, Kagoshima prefecture, Japan, Cape Canaveral , Florida, India, China, U.S, Bingen, South, Shanghai

A calmer tone set in later on Wednesday, with bond yields retreating. In the U.S. Treasury market -- considered the bedrock of the global financial system -- 10-year yields have jumped as much as 20 basis points (bps) to 4.8% this week alone. Bond yields move inversely to prices, and many asset managers who had held bonds expecting prices to rally are now throwing in the towel. Australian and Canadian 10-year bond yields have surged over 20 bps each this week , , and British 30-year government bond yields hit a fresh 25-year high above 5% on Wednesday . , ,World stocks (.MIWD00000PUS) hit their lowest since April on Wednesday, and the cost of insuring exposure to a basket of European corporate junk bonds hit a five-month high, according to data from S&P Global Market Intelligence.

Persons: Bond, Juan Valenzuela, Artemis, Kevin McCarthy, Jason Lee, Michael Metcalfe, Vikram Aggarwal, that's, Everybody's, you've, Richard McGuire, McGuire, Dhara Ranasinghe, Naomi Rovnick, Alun John, Yoruk Bahceli, Chiara Elisei, Marc Jones, Andy Bruce, Kim Coghill, Toby Chopra Organizations: bund, U.S . Treasury, Federal Reserve, Reuters, ADP, U.S . House, Congress, Hong, REUTERS, Street Global Markets, P Global Market Intelligence, Jupiter, New York Fed, Rabobank, Thomson Locations: Treasuries, British, U.S, Hong Kong, London

In the U.S. Treasury market -- considered the bedrock of the global financial system -- 10-year yields have jumped 20 basis points (bps) to 4.8% this week alone. Bond yields move inversely to prices, and asset managers who had held bonds expecting prices to rally are now throwing in the towel. Australian and Canadian 10-year bond yields have surged over 20 bps each this week , , and British 30-year government bond yields hit a fresh 25-year high above 5% on Wednesday . In a further sign of investor nervousness, the closely-watched MOVE bond volatility index is at a four-month high. (.MOVE)Rise in global yields beyond 10yr average levels Rise in global yields beyond 10yr average levelsRIPPLESGovernment borrowing costs influence everything from mortgage rates for homeowners to loan rates for companies.

Persons: Jason Lee, Bond, Juan Valenzuela, Artemis, Vikram Aggarwal, that's, Everybody's, you've, Richard McGuire, Dhara Ranasinghe, Naomi Rovnick, Alun John, Yoruk Bahceli Chiara Elisei, Andy Bruce, Kim Coghill, Toby Chopra Organizations: Hong, REUTERS, U.S . Treasury, Federal Reserve, Reuters, P Global Market Intelligence, Jupiter, New York Fed, Rabobank, Thomson Locations: Hong Kong, Treasuries, British

☆ US Private Equity Firms Challenge Amentum in Race for Jacobs Unit -Sources
▼ + stars: | 2023-10-04 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

By David CarnevaliNEW YORK (Reuters) - U.S. buyout firms Veritas Capital and Platinum Equity are vying to acquire Jacobs Solutions Inc's government consulting business, competing against rival contractor Amentum, according to people familiar with the matter. Dallas-based Jacobs is seeking final offers this week for the unit, which is known as Critical Mission Solutions (CMS), and could be valued at more than $4 billion, the sources said. Veritas and Platinum Equity plan to make all-cash offers, while Amentum's private equity owners Lindsay Goldberg and American Securities intend to offer Amentum shares as part of their bid, the sources added. Veritas and Platinum Equity did not respond to requests for comment. These operations generated $10.5 billion in revenue in Jacobs' latest fiscal year.

Persons: David Carnevali, Amentum, Jacobs, Lindsay Goldberg, Robert Pragada, Artemis, Cynthia Osterman Organizations: Veritas Capital, Equity, Jacobs Solutions, Veritas, American Securities, CMS, NASA, PA Consulting Locations: Dallas, New York

☆ Prada and Axiom Space collaborate to design NASA's lunar spacesuits
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: 1 min

Prada signage is seen at their store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. REUTERS/Andrew Kelly/File photo Acquire Licensing RightsMILAN, Oct 4 (Reuters) - Italian luxury group Prada (1913.F) and Texas-based startup Axiom Space will collaborate to design NASA's lunar spacesuits for the Artemis III mission planned for 2025, the two companies said on Wednesday. Prada's engineers will work alongside the Axiom Space systems team throughout the design process, developing solutions for materials and design features to protect astronauts against the challenge of space and the lunar environment, they said in a joint statement. Axiom has a contract with U.S. space agency NASA to develop spacesuits for use on the moon and other space programmes. Reporting by Elisa AnzolinOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Kelly, Artemis, Elisa Anzolin Organizations: Prada, Woodbury, REUTERS, U.S, NASA, Thomson Locations: Central Valley , New York, U.S, Texas

The spacecraft would also make room for 200 kilograms (440 pounds) of foreign science payloads, the agency said on its website. This could allow overseas partners to conduct lunar research by “piggybacking” off the mission, Chinese state media said. China is not alone in elevating its space program and lunar ambitions as multiple countries eye the potential scientific benefit, national prestige and access to resources and further deep space exploration that successful moon missions could bring. That same week, Russia’s first lunar mission in decades ended in failure with its Luna 25 spacecraft crashing into the moon’s surface. Its last mission, Chang’e-5, landed on the moon in December 2020 and returned with samples of lunar rocks and soil.

Persons: CNSA, ”, “ piggybacking, Artemis, Hu Hao, Hu, can’t, Pakistan’s Organizations: Hong Kong CNN, Space Administration, International Astronautical, United, NASA, Artemis, Aitken, European Space Agency Locations: Hong Kong, Beijing, Baku, Azerbaijan, China, Russia, Venezuela, South Africa, India, United States, Italian

☆ Julia Ormond sues Harvey Weinstein for battery along with Disney, CAA and Miramax as enablers
▼ + stars: | 2023-10-04 | by ( Dan Heching | ) edition.cnn.com time to read: +4 min

CNN —Actress Julia Ormond is suing disgraced former film producer Harvey Weinstein for battery and sexual assault she says occurred in 1995, according to a copy of the complaint obtained by CNN. Ormond is also suing the once Weinstein-owned Miramax as well the Walt Disney Company, which purchased Miramax in 1993, for negligence and Hollywood talent agency CAA (Creative Artists Agency), who represented the actress, for negligence and breach of fiduciary trust. (A majority stake of CAA was recently purchased by the Artémis investment firm.) In the complaint, first reported by Variety, Ormond alleges that in December 1995, she and Weinstein were supposed to have a business dinner to discuss a project. Weinstein, 71, was at the center of allegations that fueled the global #MeToo movement in 2017.

Persons: Julia Ormond, Harvey Weinstein, Ormond, Weinstein, Weinstein “, ” “ Harvey Weinstein, ”, Ormond’s, ” Ormond, Bryan Lourd, Kevin Huvane, “, Sabrina ”, Grandin, Ormond Douglas H, Wigdor, Effie Blassberger, Rosenberg Kirshner, Linder, he’d Organizations: CNN, Miramax, Walt Disney Company, Hollywood, CAA, Creative Artists Agency, Variety, Mr, Disney, ” CNN, Warner Brothers Discovery, AMC, Wigdor LLP, Linder LLP Locations: “, Clayman, Los Angeles, New York

☆ Prada and Axiom Space Collaborate to Design NASA's Lunar Spacesuits
▼ + stars: | 2023-10-04 | by ( Oct. | At A.M. | ) www.usnews.com time to read: 1 min

MILAN (Reuters) - Italian luxury group Prada and Texas-based startup Axiom Space will collaborate to design NASA's lunar spacesuits for the Artemis III mission planned for 2025, the two companies said on Wednesday. Prada's engineers will work alongside the Axiom Space systems team throughout the design process, developing solutions for materials and design features to protect astronauts against the challenge of space and the lunar environment, they said in a joint statement. Axiom has a contract with U.S. space agency NASA to develop spacesuits for use on the moon and other space programmes. (Reporting by Elisa Anzolin)

Persons: Artemis, Elisa Anzolin Organizations: MILAN, Prada, U.S, NASA Locations: Texas

☆ Instant View: World's biggest bond markets hit by wave of selling, then bounce
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +4 min

Jordanian Dinar, Yuan, Dollar, Canadian Dollar, Pound and Riyals banknotes are seen in this picture illustration taken June 13, 2017. JP Morgan analyst Sin Beng Ong in a note on the pressure it was putting on emerging Asia markets. RICHARD MCGUIRE, HEAD OF RATES STRATEGY, RABOBANK, LONDON:“The markets reflect effectively flying blind because the models don't work, everybody's been calling for a recession that just simply refuses to arrive. "Our view is that the U.S. economy slows into next year... so from that perspective, at some point, we expect it (bond market selloff) to normalise." (Compiled by the Global Finance & Markets Breaking News team)Our Standards: The Thomson Reuters Trust Principles.

Persons: Yuan, Dado Ruvic, BENG ONG, JP Morgan, Sin Beng Ong, RICHARD MCGUIRE, everybody's, you've, VIKRAM AGGARWAL, ” JUAN VALENZUELA, ARTEMIS, ”, ” NICK NELSON Organizations: REUTERS, OF, JPMORGAN, RABOBANK, LONDON, Federal Reserve, Global Finance, Markets, Thomson Locations: Treasuries, ASIA, SINGAPORE, Asia, U.S

☆ China offers to collaborate on lunar mission as deadlines loom
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +3 min

BEIJING, Oct 3 (Reuters) - China, which aims to become a major space power by 2030, has opened up a key lunar mission to international cooperation as mission deadlines loom for setting up a permanent habitat on the south pole of the moon. The Chang'e-8 mission will follow the Chang'e-7 in 2026, which also aims to search for lunar resources on the moon's south pole. The two missions will lay the foundations for the construction of the Beijing-led International Lunar Research Station (ILRS) in the 2030s. China aims to land astronauts on the moon by 2030. On the 2025 Artemis 3 mission, two U.S. astronauts will land on the lunar south pole, a region previously unvisited by any human.

Persons: CNSA, Ryan Woo, Gerry Doyle Organizations: China National Space Administration, International Astronautical, Lunar Research, Artemis, U.S ., NASA, U.S, Artemis Accords, U.S . State Department, Thomson Locations: BEIJING, China, Baku, Azerbaijan, Beijing, U.S, India, Russia, Venezuela

☆ Exclusive: Bezos' Blue Origin expects split on space station partnership -sources
▼ + stars: | 2023-10-02 | by ( Joey Roulette | ) www.reuters.com time to read: +5 min

A Blue Origin spokesperson said Sierra will remain a partner on Orbital Reef but declined to say in what capacity. Last week, Bezos told Blue Origin employees that longtime Amazon executive Dave Limp would replace Blue Origin's current CEO by year's end. In 2021, Blue Origin announced its partnership to build what it envisions as a "business park in space" with Sierra Space, a spinoff from defense contractor Sierra Nevada Corp. Blue Origin secured $3.4 billion from NASA this year for that lander as part of the agency's Artemis program. Blue Origin said at the time it planned to privately invest "well north" of that amount.

Persons: Shepard, Jeff Bezos's, Ivan Pierre Aguirre, Jeff Bezos, Sierra, Brent Sherwood, Sherwood, Bezos, Dave Limp, Glenn, Joey Roulette, Ben Klayman, David Gregorio, Rosalba O'Brien Organizations: REUTERS, Rights, Sierra Space, NASA, Space, CNBC, Blue Origin, Amazon, year's, Sierra Nevada Corp, Origin, Industry, Sierra, Reuters, Thomson Locations: Van Horn , Texas, U.S

CNN —Charlotte Sena, the 9-year-old girl who went missing while on a camping trip at a New York state park two days ago, has been found safe and a suspect has been detained, authorities said Monday evening. “Charlotte Sena has been located and in good health,” New York State Police said in a news release Monday. Charlotte Sena was riding her bike in a state park when she disappared. Charlotte Sena went on a bike ride with her friends around dinnertime Saturday evening and never returned, police said. National Center For Missing and EndangeredMoreau Lake State Park said in a Facebook post it is closed until further notice.

Persons: Charlotte Sena, Charlotte, “ Charlotte Sena, “, ” Charlotte, Albany Charlotte, Kathy Hochul, Richard Mazzone, Mazzone, she’s, hasn’t, didn’t, Something’s, ”, John Miller, Amber, @nyspolice, ” Hochul Organizations: CNN, Police, ” New York State Police, Spectrum, Albany, New York Gov, New York State Police, ” CNN, Intelligence, Spectrum News Albany Police, Department of Environmental, National Locations: New York, Moreau Lake, Albany

☆ Blue Origin: Longtime Amazon executive to take over Jeff Bezos’ rocket company
▼ + stars: | 2023-09-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +2 min

CNN —Jeff Bezos’ space tourism and rocket company is replacing its chief executive officer with a longtime Amazon executive. The current Blue Origin CEO, Bob Smith — a former Honeywell executive who took over the role in 2017 — will step down and make way for Dave Limp, the senior vice president of devices and services at Amazon, a spokesperson for Blue Origin said in a statement Monday. In the statement, Blue Origin said that Limp is “a proven innovator with a customer-first mindset. Blue Origin has several other high-profile projects in the works. Blue Origin struggled to deliver the BE-4 engines, encountering months of delays.

Persons: Jeff Bezos, Bob Smith —, Dave Limp, Limp, Smith, ” Limp’s, Shepard, New Shepard, Glenn, Lockheed Martin, ULA, Artemis — Organizations: CNN, Amazon, Honeywell, Blue Origin, SpaceX, Vulcan, United Launch Alliance, Lockheed, Boeing, Blue, NASA, Origin

☆ Richemont have been 'clear they are not for sale,' says fund manager
▼ + stars: | 2023-09-22 | 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 EmailRichemont have been 'clear they are not for sale,' says fund managerSwetha Ramachandran, fund manager at Global Equities Artemis, discusses the luxury sector and what moves brands such as Gucci, Richemont and LVMH are making.

Persons: Swetha Ramachandran, Gucci, Richemont Organizations: Global, Artemis

CNN —At least one person has died and dozens more were injured when a bus carrying students rolled over on Interstate 84 in Orange County, New York, about 75 miles north of New York City, authorities said. There were “multiple serious injuries,” New York State Police said in a news release. The bus was carrying students from Farmingdale High School in Long Island and was headed to a music event for band camp, a spokesperson from the high school confirmed to CNN. “We were informed that there had been an accident with Bus 1 en route to Greeley, PA for band camp,” Farmingdale High School spokesperson Jake Mendlinger told CNN. Kathy Hochul said she had been briefed on the incident and members of New York State police and the Division of Homeland Security and Emergency Services were at the scene to assist response teams.

Persons: ”, “, Jake Mendlinger, Steven Neuhaus, Kathy Hochul Organizations: CNN, Wawayanda, Company, ” New York State Police, Farmingdale High School, Farmingdale High, “ Police, Orange, ” New York Gov, New York State, Division of Homeland Security, Emergency Services Locations: Orange County , New York, New York City, Long, Greeley , Pennsylvania, Greeley , PA, Farmingdale

☆ These bonds offer high yields for taking on hurricane and other disaster risks
▼ + stars: | 2023-09-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Hurricane Lee is just the latest in what is expected to be an above-normal hurricane season this year. To help potentially pay for damages borne of these extreme weather events, companies in the insurance industry sell catastrophe bonds. There is just over $38 billion in outstanding cat bonds on the market right now, and she thinks it could push over $40 billion by the end of the year. How cat bonds work Cat bonds pay the issuer when a predefined disaster risk is realized, known as an attachment point. Investing in cat bonds While catastrophe bonds mainly target institutional investors, Amundi's Pioneer Cat Bond Fund has A shares available for retail investors.

Persons: Hurricane Lee, Corey Anger, Guy Carpenter, Artemis, Anger, Steve Evans, Amundi's, Morningstar Organizations: National Oceanic, Atmospheric Administration, GC Securities, Treasury, AAA, World Bank, Cat Bond, Artemis Deal Locations: United States, U.S

☆ Germany signs U.S.-led space norms pact Artemis Accords
▼ + stars: | 2023-09-15 | by ( Joey Roulette | ) www.reuters.com time to read: +3 min

WASHINGTON, Sept 14 (Reuters) - Germany on Thursday became the 29th country to sign the Artemis Accords, a U.S.-led multilateral agreement meant to establish norms of behavior in space and on the lunar surface. India, which last month became the fourth nation to achieve a soft landing on the moon, agreed to join the Artemis Accords in June but China and Russia have not. "It's a big deal, because Germany is the economic powerhouse of Europe and has been a part of the European space program forever," Nelson told Reuters on Thursday before the signing. Japan, various European countries and other nations with big to small space programs have joined the accords. The European Space Agency (ESA), which represents 22 member states including Germany, is a core NASA partner on Gateway, a planned space station that will orbit the moon as part of the Artemis program.

Persons: Bill Nelson, Walther Pelzer, Nelson, NASA's, Artemis, Mike Gold, Joey Roulette, Will Dunham Organizations: Artemis Accords, NASA, German Space Agency, Reuters, European Space Agency, ESA, Thomson Locations: Germany, U.S, United States, China, India, Russia, Washington, Europe, Japan

☆ Small moonquakes caused by Apollo lunar lander module, study finds
▼ + stars: | 2023-09-14 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

CNN —A spacecraft left behind by US astronauts on the lunar surface could be causing small tremors known as moonquakes, according to a new study. The lunar surface is an extreme environment, oscillating between minus 208 degrees Fahrenheit (minus 133 degrees Celsius) in the dark and 250 degrees Fahrenheit (121 degrees Celsius) in direct sun, according to a news release about the study. Marusiak was not directly involved in the study, though she did have contact with the authors as a fellow expert in lunar seismology. “Every lunar morning when the sun hits the lander, it starts popping off,” said study coauthor Allen Husker, a research professor of geophysics at Caltech, in a statement. It’s important to note a key difference between the moon and Earth: On the lunar surface, there are no shifting tectonic plates that might cause catastrophic events.

Persons: Francesco Civilini, Artemis, Dr, Angela Marusiak, Marusiak, moonquakes Marusiak, “, —, ”, Allen Husker, I’m, seismometers, ” Marusiak, ” Husker Organizations: CNN, of Geophysical Research, California Institute of Technology, NASA Goddard Space Flight, NASA, University of Arizona’s, Laboratory, Caltech, Indian Space Research Organization, ISRO Locations: California

☆ 'Learning period' for US commercial space regulations should be extended -US Sen. Cruz
▼ + stars: | 2023-09-13 | by ( Joey Roulette | ) www.reuters.com time to read: +3 min

REUTERS/Go Nakamura/File photo Acquire Licensing RightsWASHINGTON, Sept 13 (Reuters) - A federal moratorium on commercial spaceflight safety regulations should be extended to support more innovation in the space sector, U.S. The fast-growing sector since 2004 has been shielded from federal safety regulations by what is widely called a "learning period." "Now is not the time to impose new regulations on commercial space," Cruz said, speaking on the sidelines of an industry conference in Washington. The moratorium, established by the Commercial Space Launch Amendments Act of 2004, was most recently extended in 2015. The law requires private space companies that send humans into space to have passengers sign "informed consent" documents acknowledging the absence of federal safety regulations.

Persons: Ted Cruz, Artemis, Go Nakamura, Cruz, Doug Ligor, Ligor, Kelvin Coleman, it'll, Elon, Jeff Bezos, Joey Roulette, Chris Reese, Leslie Adler, Daniel Wallis Organizations: NASA, REUTERS, Rights, Federal Aviation Administration, RAND Corporation, RAND, FAA, Spaceflight, Senate, SpaceX, Origin, Shepard, Virgin Galactic, Thomson Locations: Houston , Texas, U.S, Washington, American, Texas, Van Horn

☆ ‘The Six’: Stories of NASA’s first women astronauts revealed
▼ + stars: | 2023-09-12 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +9 min

But the journalist started wondering about the other women who had trained alongside Ride in NASA’s first coed astronaut class. More than 1,500 women applied to become astronauts between 1976 and 1977, Grush writes. "The Six: The Untold Story of America's First Women Astronauts" by Loren Grush is out September 12. NASAWhy these astronauts’ experiences resonate todayWhile Ride was first, ultimately every member of The Six flew on a space shuttle. In her book, Grush chronicles their journeys, including the 1986 Challenger disaster that killed Resnik on her second space shuttle flight.

Persons: Sally Ride, “, crewmates, Loren Grush, ” Grush, —, “ I’m, ”, Grush, Arabella, Anita —, Miss Baker —, Ruth Bates Harris, Simon, Schuster, Judy Resnik, Kathy Sullivan, Shannon Lucid, Anna Fisher, Rhea Seddon, Seddon, Fisher, Resnik, Sullivan, NBC’s Tom Brokaw, George Abbey, Abbey, Ride, Bob Crippen, Crippen, Sally wasn’t, ” Sullivan, “ NASA’s, Artemis Organizations: CNN, Bloomberg, NASA, Johnson Space Center, Space Center, Kennedy Space Center, ”, The, Challenger Locations: Houston, NASA's, Florida

☆ Opinion: The Deep Space Network is in trouble
▼ + stars: | 2023-09-11 | by ( Opinion Don Lincoln | ) edition.cnn.com time to read: +6 min

The Deep Space Network, or DSN, is an interconnected set of three radio telescope facilities spread across the globe. Indeed, without the DSN, NASA’s robotic exploration of deep space would simply not be possible. On the contrary, if humanity is going to once again venture into deep space, it will be crucial to be able to maintain a radio link with those intrepid explorers. Both of those missions, indeed all deep space programs, depend on reliable communication, or they will fail. The Deep Space Network is NASA’s link to the planets, and it needs additional support if we ever hope to boldly go where no one has gone before.

Persons: Don Lincoln, James Webb, NASA Artemis, Artemis Organizations: Fermi, Accelerator Laboratory, Facebook, CNN, Space, NASA, Jet Propulsion Laboratory, Telescope, Orion, Twitter, James Webb Space Telescope Locations: California, Spain, Australia

☆ Pinault’s Hollywood foray is untimely distraction
▼ + stars: | 2023-09-08 | by ( Pierre Briancon | ) www.reuters.com time to read: +4 min

REUTERS/Charles Platiau Acquire Licensing RightsLONDON, Sept 8 (Reuters Breakingviews) - The story of European business trying to mingle with Hollywood has often led to unhappy endings. The Pinault family, which controls $61 billion luxury group Kering (PRTP.PA), thinks it can buck the trend. Pinault may have overpaid for CAA, especially in the middle of a major strike of Hollywood writers and actors. The transaction, through holding company Artemis, adds Hollywood's premiere talent agency to Pinault’s family empire which spans fashion, wine and contemporary art. CAA was valued at $1.1 billion when TPG acquired a majority stake in 2014, four years after having originally invested in the talent agency.

Persons: Francois, Henri Pinault, Kering, Charles Platiau, Tom Hanks, Steven Spielberg, François, Ari Emanuel’s, Artemis ’, Gucci, Alessandro Michele, Pinault, Jean, Kering’s, Valentino, Brad Pitt, Salma Hayek, Lisa Jucca, Streisand Neto Organizations: REUTERS, Reuters, Hollywood, Universal Studios, Creative Artists Agency, CAA, Gucci, TPG, Endeavor, Thomson Locations: Paris, France, bask

☆ FAA closes investigation into SpaceX Starship rocket that exploded, outlines ‘corrective actions’
▼ + stars: | 2023-09-08 | by ( Kristin Fisher | Jackie Wattles | ) edition.cnn.com time to read: +3 min

CNN —The Federal Aviation Administration announced Friday it has closed its “mishap” investigation into the April SpaceX Starship test flight that ended after the rocket exploded over the Gulf of Mexico. The FAA says the investigation “cites multiple root causes” and “63 corrective actions SpaceX must take to prevent mishap reoccurrence,” the agency said in a statement. SpaceX has said it is ready to try to launch Starship again. But the FAA must issue a launch license, and one of the holdups has been the mishap investigation. “You can think about that launch date slipping probably into ’26.”In August, Free told CNN “my level of concern is the same” after a trip to visit SpaceX’s launch site a month earlier.

Persons: Elon Musk, WjENkdudo9 — Elon, Artemis III, Jim Free, he’s, ”, Free Organizations: CNN, Federal Aviation Administration, SpaceX, FAA, Boca Chica, U.S . Export Control, Boca, Fish and Wildlife Service, NASA, NASA’s, Systems, ”, Aeronautics, Space Engineering Board, Space Studies, National Academies of Sciences, Engineering, Medicine Locations: of Mexico, Boca Chica , Texas, Boca Chica

Putting a price on celebrityIn buying a majority stake in the powerhouse Hollywood talent agency Creative Artists Agency, François-Henri Pinault showed that high-ticket M.&A. is a game that more than one French luxury billionaire can play. Acquiring CAA — which represents stars including Tom Hanks, Margot Robbie and Pinault’s wife, Salma Hayek Pinault — underscores Pinault’s ambitions, and reinforces the growing importance of celebrity in the luxury sector. Like his archrival, Bernard Arnault of LVMH, Pinault used a series of acquisitions to assemble the luxury empire now known as Kering, starting with Gucci and later adding Saint Laurent, Bottega Veneta, Alexander McQueen and more. The agency will be run separately from Kering; Bryan Lourd, the superagent who represents Scarlett Johansson and Brad Pitt, will become C.E.O.

Persons: Henri Pinault, Tom Hanks, Margot Robbie, Pinault’s, Salma Hayek Pinault, Bernard Arnault, Pinault, Saint, Bottega, Alexander McQueen, —, Bryan Lourd, Scarlett Johansson, Brad Pitt Organizations: Hollywood, Creative Artists Agency, CAA, Gucci, Puma Locations: Bottega Veneta, Kering

☆ NASA spent billions on its SLS mega-rocket to take humans to the moon. It finally admitted it is 'unaffordable.'
▼ + stars: | 2023-09-08 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +8 min

NASA officials have said their SLS mega-rocket program is "unaffordable." Officials agree the SLS budget "needs to be improved," but it's not clear how, per a government report. The exact costs are unclearThe GAO says NASA has spent $11.8 billion since 2011 on the development of the integrated SLS rocket. NASA's SLS rocket and Orion spacecraft shown here being rolled of their assembly building ahead of the Artemis I mission. NASA's SLS is an anomalyPart of the criticism for the SLS program is that it sticks out as a "bit of an anomaly" in NASA's latest approach to project development, Rosseau previously said.

Persons: Artemis, Brendan Rosseau, Joel Kowsky, NASA's, Rosseau, it's, SLS's, pare, they've, Eric Berger, Paul Martin, Berger, Blue Origin's Organizations: NASA, Service, Orion, SLS, Office, GAO, Planetary Society, Elon, SpaceX, Harvard Business School, Origin, SpaceX's, SpaceX NASA, Ars Technica Locations: Wall, Silicon

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