Why Virgin Galactic Stock Just Tanked 12%

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Why Virgin Galactic Stock Just Tanked 12%

Pity early investors in the space race — and in Virgin Galactic Holdings (NYSE:SPCE). Despite winning its second Wall Street buy recommendation Thursday morning, Virgin stock’s tailspin continues, and the shares are down 12% as of 12:45 p.m. EST on …
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Los Angeles Condo Sales Plunge as Chinese Capital Stays at Home

The real estate market in downtown Los Angeles is taking a hit as Chinese cash dries up. Condo sales plunged 31% in the third quarter from a year
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WeWork appoints new executives as part of five-year plan

WeWork’s chairman outlined a five-year turnaround plan at a meeting with employees Friday and introduced new additions to the executive team. The embattled real-estate company has a target to become cash flow positive by 2023 and adjusted ebitda …
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Devin Nunes Goes Hunting for Witches

What he's asking us to believe about the president's involvement in the Ukraine scandal is a real stretch of the imagination. By. Jonathan Bernstein.
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The British Monarchy Needs to Get Serious About Brand Management

Sweden shows that smaller and cheaper reigning houses are better investments. Prince Andrew is a case in point. By. Leonid Bershidsky. November
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