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Richard Branson

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  • Investigators, Branson go to spacecraft crash site Saturday, 1 Nov 2014 | 3:26 AM ET

    Also going to the area about 120 miles north of downtown Los Angeles was British billionaire Richard Branson, founder of Virgin Galactic, whose SpaceShipTwo blew apart after being released from a carrier aircraft Friday. The National Transportation Safety Board was sending a "go team" Saturday to the crash area about 20 miles from the Mojave Air and Space Port,...

  • Virgin Galactic's allure: space and celebrities Friday, 31 Oct 2014 | 7:39 PM ET

    The explosion of a Virgin Galactic rocket ship during a test flight over California has almost certainly dashed founder Richard Branson's goal of starting passenger flights next spring. Information about Virgin Galactic, its backers, and its goals:. Virgin Galactic is a joint venture between Branson's Virgin Group Ltd. and Aabar Investments PJS, a...

  • MOJAVE, Calif., Oct 31- A suborbital passenger spaceship being developed by Richard Branson's Virgin Galactic company crashed during a test flight on Friday near the Mojave Air and Space Port in California, killing one pilot and seriously injuring the other, officials said. The crash of the vehicle, undergoing its first powered test flight since January over the...

  • Space tourism rocket crash stirs mixed emotions Friday, 31 Oct 2014 | 6:32 PM ET

    The explosion of Virgin Galactic's passenger rocket ship is stirring up mixed emotions as scientists and others involved in the space industry wait for more details on what happened over the Mojave Desert on Friday. —Former NASA top space scientist Alan Stern has seats to fly on Virgin Galactic— and its competitor XCOR aerospace. "Let's not be Chicken Littles...

  • Richard Branson on his way to rocket crash scene Friday, 31 Oct 2014 | 4:22 PM ET

    MOJAVE, Calif.— British billionaire Richard Branson is headed to California's Mojave Desert after a Virgin Galactic space tourism rocket exploded and crashed, killing one person and seriously injuring another. Officials and witnesses say Virgin Galactic's SpaceShipTwo exploded Friday after taking off on a test flight. Branson is the founder of Virgin...

  • CAPE CANAVERAL, Fla., Oct 31- A suborbital passenger spaceship being developed by Richard Branson's Virgin Galactic crashed during a test flight on Friday at the Mojave Air and Space Port in California, the company said. In May, Virgin Galactic and spaceship developer Scaled Composites, a subsidiary of Northrop Grumman Corp, switched to an alternative...

  • Spacecraft for tourists explodes on test flight Friday, 31 Oct 2014 | 2:16 PM ET

    Virgin Galactic's SpaceShipTwo blew apart after being released from a carrier aircraft at high altitude, according to Ken Brown, a photographer who witnessed the explosion. One pilot was found dead inside the spacecraft, which fell from the sky about 120 miles north of downtown Los Angeles. British billionaire Richard Branson, founder of Virgin Galactic, has...

  • NEW YORK/ SEATTLE, Oct 29- Billionaire investors in a small, Seattle- area company that aims to one day mine resources on asteroids have not been deterred by an unmanned rocket explosion that destroyed their test satellite, the company said on Wednesday. Privately held Planetary Resources counts Google Inc Chief Executive and co-founder Larry Page and Chairman...

  • LONDON, Oct 17- Jimmy Choo inched higher on its London stock market debut, watched closely by even the least fashion-conscious of bankers after a flurry of cancelled listings across Europe. "All eyes are on Jimmy Choo." Shares in the brand opened at 141 pence when conditional trading began on the London Stock Exchange on Friday, up 0.7 percent on the 140 pence offer...

  • *FTSE 100 has lost over 8 percent since Sept. 4. The decision to scrap the offering, which could have valued the firm at about 800 million pounds, casts a shadow over the prospects of the bigger and more widely known Virgin Money, another bank seeking to list this month. Aldermore and Virgin are among so-called challenger banks which the government hopes can break the...

  • LONDON, Oct 6- Britain's Virgin Atlantic Airways is to close its Little Red domestic airline next year, it said on Monday, less than two years after it was launched. Reconfirming that the group as a whole was on track to make a profit by the end of this year after two years of losses, Virgin Atlantic said the decision on Little Red followed a review of its network which...

  • LONDON, Oct 6- Britain's Virgin Atlantic said its domestic short-haul unit, Little Red, would cease operations in 2015, just over two years after it was launched. The airline, which is 51 percent owned by its British billionaire founder Richard Branson and 49 percent owned by U.S. carrier Delta Air Lines, said in a statement that Little Red had "not been able to make a...

  • *Demand from U.S. investors, Europe, UK. LONDON, Sept 26- Lloyds Banking Group has sold a further 11.5 percent stake in TSB in a 161 million pound share placing to investors that required no discount to the market price following strong demand. They see TSB as a viable challenger to Britain's "Big Four" banks- Lloyds, Royal Bank of Scotland, Barclays and HSBC.

  • Virgin's Branson offers unlimited vacation Wednesday, 24 Sep 2014 | 9:27 AM ET
    Richard Branson works from his home on Necker Island

    Tired of two weeks vacation a year? Perhaps you should work for Virgin, where boss Richard Branson believes in offering unlimited time off.

  • Sir Richard Branson's latest push: Efficient trucks Monday, 22 Sep 2014 | 11:50 AM ET
    Richard Branson

    Sir Richard Branson estimates the North America trucking industry could save up to $40 billion a year through new technologies.

  • Sept 15- Sidecar, a ride-sharing startup which competes with on-demand car services such as Uber and Lyft, said it raised $15 million from existing and new investors, including Virgin Group founder Richard Branson. Existing investors Avalon Ventures and Union Square Ventures also participated in the funding round, the company wrote in a blog post.

  • *Branson says ban would cost Russia more than airlines. KIEV, Sept 12- Russia would be the biggest loser if it carried out a threat to ban Western airlines from flying over its territory, Richard Branson, the founder of British airline Virgin Atlantic, said on Friday.

  • Pot franchise unlikely at Virgin: Richard Branson Wednesday, 10 Sep 2014 | 9:12 AM ET
    Sir Richard Branson, Virgin Group founder and chairman

    While calling for the decriminalization of drugs, Sir Richard Branson tells CNBC he does not see the Virgin Group getting into the business of legalized pot.

  • Branson doing it 'The Virgin Way'     Wednesday, 10 Sep 2014 | 7:48 AM ET

    Sir Richard Branson, Virgin Group chairman & CEO, discusses his new book.

  • Jury's still out on Tim Cook: Branson     Wednesday, 10 Sep 2014 | 7:47 AM ET

    Sir Richard Branson, Virgin Group chairman & CEO, shares his thoughts on the management of Apple under Tim Cook's leadership.

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