NASA private space station contracts: Blue Origin, Nanoracks, Northrop

Concept art for the space station “Starlab” Nanorax NASA has awarded three companies contracts to develop private space stations, as the agency prepares to retire from the International Space Station. The agency announced Thursday that Jeff Bezos’ Blue Origin, Northrop Grumman and Nanorak were awarded $415.6 million under NASA’s Leo Designs (CLD) commercial venture. Nanoracks … Read more

Biden says no lockdowns, won’t expand vaccine mandates this winter

US President Joe Biden talks about his administration’s plan to combat coronavirus disease (Covid-19) with the emergence of the Omicron variant, during his visit to the National Institutes of Health, in Bethesda, Maryland, United States, December 2, 2021. Kevin Lamarck | Reuters President Joe Biden said Thursday that his plan to fight Covid during the … Read more

Over $87 billion in federal benefits siphoned from unemployment system

Mike Stocker/South Florida Sun Sentinel/News Tribune via Getty Images More than $87 billion in federally funded unemployment benefits may have been withdrawn from the system during the Covid-19 pandemic, most of it due to fraud, according to a report from the US Department of Labor. Congress authorized several new programs in the early days of … Read more

White House reaches deal to reinstate Trump-era ‘Remain-in-Mexico’ asylum policy

The Biden administration announced Thursday that it has struck a deal with the Mexican government to reintroduce a Trump-era border policy that forces asylum seekers to remain in that country until a US immigration court date. NBC News reported that the program will resume at one border location on Monday and will eventually include seven … Read more

SEC issues final regs that allow it to delist foreign companies that don’t comply with audit rules

Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, Tuesday, September 14, 2021. Bill Clark | Bloomberg | Getty Images Public foreign companies listed in the United States may be removed from the list if their auditors do … Read more

Omicron Covid variant expected to hit New York in ‘coming days,’ NY health commissioner says

A pop-up Covid-19 test takes place on a Manhattan street on October 26, 2021 in New York City. Spencer Platt | Getty Images The new, highly mutated variant of Omicron’s Covid-19 is expected to hit New York state in the “coming days,” the state’s health commissioner said Thursday. “We now have a disclosure. We fully … Read more

CEOs across economy agree on one big 2022 prediction: More volatility

CEOs across the economy were optimistic in their 2022 outlook before the omicron variant of Covid emerged. Are they still now? A recent survey from the Business Roundtable revealed confidence about the outlook into next year, but that was conducted before the first cases of omicron were reported. On Wednesday, as the first omicron case … Read more

Kroger, Boeing, Dollar General and more

A shopper holding an umbrella walks toward a Kroger grocery store in Louisville, Kentucky, U.S., on Sunday, April 26, 2020. Stacy Scott | Bloomberg | Getty Images Check out which companies are making the headlines at midday Thursday. Kroger – Shares of Kroger rose 12.5% ​​after the grocery chain published a better-than-expected quarterly report. The … Read more

SoftBank-backed Grab begins trading after completing SPAC merger

Indonesia Escort cyclists waiting for passengers in Jakarta. Afif Si Kasuma | iStock Editorial | Getty Images Southeast Asia passenger services giant Grab began trading on the Nasdaq on Thursday, becoming the largest company ever to close a SPAC merger and public offering. The shares opened at $13.06 per share, under the ticker symbol “GRAB,” … Read more