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WASHINGTON — Virgin Orbit announced May 20 it will make the first flight of its LauncherOne air-launched vehicle as soon as May 24, but is setting modest expectations about the probability of success. The company said in a statement that it current plans to perform its inaugural LauncherOne mission May 24, with “Cosmic Girl,” the
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E-book and audiobook subscrition service Scribd has been actively embracing and experimenting with bundling over the past couple years, creating joint offers with The New York Times and with Spotify and Hulu. Today it announced a slightly different take on the idea with Scribd Perks. These perks gives Scribd’s paying subscribers (the service costs $8.99 per
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Guns N’ Roses have rescheduled their upcoming North American tour due to safety concerns surrounding the spread of coronavirus. The tour was set to begin at Milwaukee’s Summerfest on July 4. All tickets will be honored for the to-be-announced future dates. The band has also canceled their European tour, set to kick off today (May
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Coca-Cola CEO James Quincey delivered a grim forecast for the global economy’s recovery from the impact of the coronavirus pandemic on Wednesday.  “The economic impact of the lockdown is just starting to begin,” Quincey said on CNBC’s “Squawk Box.” In the United States, more than 36 million Americans have applied for unemployment benefits since the coronavirus
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A pedestrian walks past a Target store in Chicago, Illinois. Scott Olson | Getty Images Target will report its first-quarter earnings Wednesday before the bell. The big-box retailer’s stores have remained open across the country during the coronavirus pandemic, but the crisis has cut into its profits as Target’s labor expenses jumped and sales of
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Ola said on Wednesday it is cutting 1,400 jobs in India, or 35% of its workforce in the home market, as the ride-hailing firm works to reduce its expense to steer through the coronavirus pandemic that has severely impacted mobility companies in the country. Bhavish Aggarwal, co-founder and chief executive of Ola, shared the job
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