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  • The high court's action means that an appeals court ruling that threw out a $919.9 million jury verdict that DuPont won against Kolon Industries Inc and ordered a new trial stays intact. South Korea- based Kolon had sought high court review over the judge recusal issue because the appeals court had left undisturbed various preliminary rulings that favored...

  • MOJAVE, Calif., Nov 2- An investigation into the deadly crash of a Virgin Galactic spaceship has found that a function to help the craft descend into the atmosphere was deployed early, a federal safety official said on Sunday, adding pilot error could not be ruled out. The National Transportation Safety Board is leading the investigation into what caused the...

  • MOJAVE, Calif., Nov 2- The investigation into last week's deadly crash of the Virgin Galactic spaceship has found that the "feathering" function to help it descend into the atmosphere from space was deployed early, the National Transportation Safety Board said on Sunday. SpaceShipTwo's rotating tail boom, a key safety feature for re-entering the atmosphere,...

  • WASHINGTON, Nov 3- Young Americans with big college debts are often portrayed as struggling to pay their bills. Worries over high loan levels have also been voiced by President Barack Obama and more recently, Federal Reserve Chair Janet Yellen. The data show that most of the nation's overall loan balances are held by those earning more than $60,000.

  • MOJAVE, Calif., Nov 2- The head of the federal agency examining last week's fatal crash of a Virgin Galactic passenger spaceship during a test flight in California's Mojave Desert said on Sunday the vehicle appears to have broken apart in flight. Virgin Galactic's owner, British billionaire and entrepreneur Richard Branson, traveled to Mojave on Saturday to...

  • MOJAVE, Calif., Nov 2- The head of the federal agency examining last week's fatal crash of a Virgin Galactic passenger spaceship during a test flight in California's Mojave Desert said on Sunday the vehicle appears to have broken apart in flight. Virgin Galactic's owner, British billionaire and entrepreneur Richard Branson, traveled to Mojave on Saturday to...

  • MOJAVE, Calif., Nov 2- Virgin Galactic could have a new spacecraft ready to fly by next year, the chief executive of Richard Branson's space tourism company said in an interview published on Sunday, reacting to concerns about the safety of technology used in the Virgin craft that crashed last week. His remarks followed a somber assessment of the future of Virgin...

  • Branson: I'll get to the bottom of Galactic crash Sunday, 2 Nov 2014 | 12:56 AM ET
    Fly from New York to Beijing in two hours on this?

    Richard Branson said he was determined to find out what caused a spaceship being developed by his tourism company to crash during a test flight.

  • Michael Alsbury, 39, has been identified as the pilot who died in the crash of Virgin Galactic SpaceShipTwo, and the surviving pilot is Peter Siebold, 43, the Kern County Sheriff's Office said in a statement. Branson arrived in California's Mojave Desert to meet his Virgin Galactic team and federal officials who were opening their investigation into Friday's...

  • MOJAVE, Calif./ CAPE CANAVERAL, Fla., Nov 1- B illionaire entrepreneur Richard Branson said on Saturday he was determined to find out what caused a passenger spaceship being developed by his space tourism company to crash during a test flight in California's Mojave Desert, killing one pilot and injuring the other. Branson arrived in California to meet his Virgin...

  • MOJAVE, Calif., Nov 1- Richard Branson is set to meet his Virgin Galactic space team in California's Mojave Desert on Saturday following the crash of a passenger spaceship being developed by his company that killed one pilot and seriously injured the other. Friday's crash of the suborbital vehicle, undergoing its first powered test flight since January over the...

  • MOJAVE, Calif., Nov 1- Richard Branson is set to meet his Virgin Galactic space team in California's Mojave Desert on Saturday following the crash of a passenger spaceship being developed by his company that killed one pilot and seriously injured the other. Friday's crash of the suborbital vehicle, undergoing its first powered test flight since January over the...

  • DIARY- Top Economic Events to Nov 14 Friday, 31 Oct 2014 | 8:01 PM ET

    NEW YORK- Dallas Federal Reserve Bank President Richard Fisher speaks on "Preparing to Normalize Monetary Policy" before a Shadow Open Market Committee meeting sponsored by the Manhattan Institute for Public Policy Research- 1740 GMT. CHICAGO- Federal Reserve Bank of Chicago President Charles Evans gives welcome and opening remarks before the "...

  • 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...

  • 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...

  • WASHINGTON, Oct 30- The crash of an unmanned Orbital Sciences Antares rocket is a "wake-up call" to the U.S. space community about the need to develop a new U.S. rocket engine, the head of Boeing Co's defense division said on Thursday. The Antares rocket was powered by a pair of Soviet-era NK-33 engines that were rebuilt by Aerojet Rocketdyne, a unit of GenCorp, and...

  • New U.S. rockets include crew launch-escape systems Thursday, 30 Oct 2014 | 5:15 PM ET

    CAPE CANAVERAL, Fla. Oct 30- Heeding a lesson from history, designers of a new generation of U.S. rockets will include escape systems to give crew members a fighting chance of surviving launch accidents such as the one that felled an unmanned Orbital Sciences Antares rocket on Tuesday. The illusion was shattered on Jan. 28, 1986, when gas leaking from a solid-fuel...

  • WASHINGTON, Oct 30- Media General Inc has won U.S. antitrust approval to buy LIN Media LLC after agreeing to divest television stations in five markets, the Justice Department said on Thursday. To win government approval for the deal, the companies agreed to sell one station in Birmingham, Alabama, two in Savannah, Georgia, one near Alabama's border with Florida, one...

  • Coal miner Alpha Natural posts smaller loss Thursday, 30 Oct 2014 | 8:18 AM ET

    Oct 30- Coal miner Alpha Natural Resources Inc halved its quarterly loss as cost cutting helped it offset lower prices and shipments. The company's net loss narrowed to $185 million, or 84 cents per share, in the third quarter ended Sept. 30 from $458.2 million, or $2.07 per share, a year earlier. The Bristol, Virginia- based company's revenue fell 8 percent to $1.10...

  • LOS ANGELES, Oct 30- A push to reform Phoenix's retirement system has become the latest front in a battle between union-backed groups and a Texas hedge fund billionaire over the future of America's public pensions. Hundreds of thousands of dollars, much of it anonymous out-of-state money, has been flowing to backers of a November 4 ballot initiative in Phoenix...