Elon Musk’s SpaceX is now worth $74 billion after it raised more capital last week, with strong demand from investors who believe the company’s two ambitious projects will drive that valuation even higher. Starship and Starlink are “two Manhattan Projects …
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The Federal Reserve warned of significant risks of business bankruptcies and steep drops in commercial real estate prices in a report published on Friday. “Business leverage now stands near historical highs,” the central bank said in its semi-annual Monetary …
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Empire State Development has adopted a draft plan to develop eight sites around the transit hub, which would result in 10 mixed-used buildings with about 20 million square feet (roughly 1.9 million square meters) of offices, retail, hotel and potentially …
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Olymel indefinitely closed its hog slaughtering, cutting and deboning operation in Red Deer earlier this week. As of Thursday afternoon, Alberta Health had been notified of 389 cases linked to the outbreak, 197 of which were active. One worker had died.
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One pickup truck owner said he had planned to use the built-in generator for camping trips. “I didn’t know I would wind up needing it for something like this,” he said of the winter storm.
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