Shares of space tourism start-up Virgin Galactic Holdings (NYSE:SPCE) lifted off early Friday, rising as much as 5.6% before gravity reasserted its hold upon the stock. As of 12:07 p.m. EDT today, Virgin Galactic shares’ gain had been cut to 1.4%. VSS Unity …
See Original Article

Join our latest virtual Bloomberg New Economy Conversation to hear from four CEOs with insight into what may happen when the virus recedes.
See Original Article

Dianne Ray, state auditor of Colorado, was appointed to a five-year term on the Governmental Accounting Standards Board, beginning July 1.
See Original Article

Amazon AMZN announced early Friday its intent to acquire Zoox, a privately held company that has been working on autonomous driving technology. The deal, reported to be worth more than $1 billion, would be the e-commerce giant’s biggest move yet into …
See Original Article

Exxon Mobil Corp. is preparing to cut jobs in the U.S. as the oil giant focuses on a slimmed-down and more efficient organizational structure, according to people familiar with the matter. Between 5% and 10% of U.S.-based employees who are subject to …
See Original Article