WASHINGTON — Intelsat hopes it can eliminate around half of its $15 billion debt load through its recent bankruptcy, a change that would free the company to invest in next generation satellite technologies, according to a company executive. “This was something that we’ve had to deal with for a while,” Samer Halawi, Intelsat’s chief commercial
Everlywell was one of the first startups to announce that it was working on a self-administered, at-home COVID-19 diagnostic kit, but it initially sought out to ship kits before regulators made clear that this was not in line with its guidelines. Everlywell then became intent on working with the FDA to secure a proper Emergency
Mike Pompeo, U.S. secretary of state, speaks during a Coronavirus Task Force news conference at the White House in Washington, D.C., U.S., on Wednesday, April 8, 2020. Chris Kleponis | Bloomberg | Getty Images President Donald Trump fired the State Department’s inspector general on the recommendation of Secretary of State Mike Pompeo, a White House
Exclusive Pop Smoke‘s murder remains unsolved, and the coronavirus pandemic is doing detectives no favors … severely hindering progress in the investigation. Law enforcement sources tell TMZ … response to COVID-19 and related issues has been LAPD’s top priority the past 2 months, meaning less time and resources available to focus on the rapper’s killer.
It’s not typical for a bankruptcy court hearing to fall on a Saturday, and it’s nearly unprecedented for it to happen by phone. But as the coronavirus has battered the U.S. economy, J.C. Penney must navigate almost entirely uncharted territory as it looks to shed debt and emerge from bankruptcy a stronger company. The iconic
Every decade has a signature haircut. The fifties had a neat short, back and sides, the seventies had long hair and sideburns, the eighties had mullets. In the nineties, it was all about curtains. Worn by everyone from David Beckham and Brad Pitt to countless boyband members and that guy from Dawson’s Creek, it was
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 4.56 million Global deaths: At least 308,000 U.S. cases: More than 1.44 million U.S. deaths: At least 87,500
Hollywood has come out to pay their respects to a comedy legend. Fred Willard passed away peacefully at home from natural causes, according to his family. He was 86-years old. “My father passed away very peacefully last night at the fantastic age of 86 years old. He kept moving, working and making us happy until
Fred Willard has died. The beloved comedy actor has died of natural causes. He was 86. “My father passed away very peacefully last night at the fantastic age of 86 years old,” his daughter, Hope, said in a statement. “He kept moving, working and making us happy until the very end. We loved him so
KREUZLINGEN, Switzerland (Reuters) – He happens to live in Switzerland. She happens to live in Germany. Before the coronavirus, that didn’t mean much for Lukas and Leonie, a cross-border couple. Then suddenly, a fence was built between them and they were ordered to stay apart. Couple Lukas from Switzerland and Leonie from Germany embrace after
The future of clothing is electronic. Along with color and size, you’ll probably be able to choose clothes based on what they do—as determined by the sensors, indicators, and power sources embedded within them. Many researchers expect that such “smart clothing” will revolutionize at least some aspects of medicine and fashion. But in the age
Electric Lit is committed to publishing—and paying writers—through the pandemic without any layoffs or pay cuts. Please consider supporting us during this difficult time. Donate here. . Lydia Millet has always fought for the environment. She has written many books that take the natural world as their subject, but her signature approach is refreshingly askew, shot
Consumer spending plunged by a record 16.4% in April, but one category saw a bounce: nonstore retailers. Included in this category, which saw an 8.4% month-over-month increase, is online shopping. With much of the country under shelter-in-place orders during April, consumers increasingly turned towards e-commerce giants like Amazon for their shopping needs. As the pandemic
EXCLUSIVE: Good news for big circuits AMC, Regal and Cinemark and other movie theaters which are hoping to return to business in the late June to early July period: In an updated EDO moviegoer study entitled “Movie Theaters and Social Distancing”, 75% respondents said that they were more likely to return to cinemas upon their
WASHINGTON — NASA Administrator Jim Bridenstine criticized China May 15 for the “really dangerous” reentry of a large rocket stage earlier in the week that led to debris landing in Africa. In brief comments opening the online meeting of the NASA Advisory Council’s Regulatory and Policy Committee, Bridenstine used the May 11 reentry of the
Editor’s note: Get this weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7am PT), just subscribe here. Commercial real estate, the traditional heart of most cities, may have lost its reason to exist in the last few months. The world is about to find out what the situation
Men receive haircuts as social distancing guidelines to curb the spread of the coronavirus disease (COVID-19) are relaxed at Doug’s Barber Shop in Houston, Texas, May 8, 2020. Callaghan O’Hare | Reuters Coronavirus cases are rising in Texas as the state plans more steps to restart its devastated economy during the pandemic. After new reported
Ryuichi Sakamoto has shared a new concert film, Playing the Piano for the Isolated. It features Hidejiro Honjoh, a renowned musician known for his mastery of the three-stringed shamisen, a traditional Japanese instrument. The concert, originally recorded in Tokyo in April, features the composer and Yellow Magic Orchestra co-founder performing songs from throughout his career,