CSX said it expects revenue to fall as much as 2% in 2019, well below a previous forecast of an increase of 1% to 2%.Marketsread more
Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
The growth in net interest income, a main engine of the industry's profit, looks to slow to a halt in the back half of this year.Banksread more
Amazon also said that on Monday and Tuesday it sold more Amazon devices — like the Echo Dot, the Fire TV Stick and Alexa Voice Remote — over a two-day period than it ever has...Retailread more
Facebook's head of Calibra David Marcus faced skepticism from lawmakers at a House Financial Services hearing on its digital currency plans.Technologyread more
During a speech on "Medicare for All," Bernie Sanders will urge 2020 Democratic candidates to reject money from health care industries.2020 Electionsread more
The "'Cadillac tax," set to go into effect in 2022, is unpopular with both Republicans and Democrats, who say it punishes the middle class.Health and Scienceread more
The news comes after eBay announced a strategic portfolio review on March 1.The Faber Reportread more
If the S&P 500 climbs another 4%, it will have doubled the peak reached in the previous bull market, Michael Santoli notes.Trading Nationread more
Ascending triangle patterns have been appearing across the stock market, and they tend to be precursors to higher prices, says Miller Tabak's Matt Maley.Trading Nationread more
CAPE CANAVERAL, Fla., Feb 22 (Reuters) - NASA gave its final go-ahead on Friday to billionaire entrepreneur Elon Musk's SpaceX company to conduct its first unmanned test flight of a newly designed crew capsule to the International Space Station on March 2.
The approval cleared a key hurdle for SpaceX in its quest to help NASA revive America's human spaceflight program, stalled since space shuttle missions came to an end in 2011.
NASA has awarded SpaceX $2.6 billion, and aerospace rival Boeing Co $4.2 billion to build separate rocket and capsule launch systems to carry U.S. astronauts to and from the space station, an orbital research laboratory that flies 250 miles (402 km) above Earth.
"Following a full day of briefings and discussion, NASA and SpaceX are proceeding with plans to conduct the first uncrewed test flight of the Crew Dragon on a mission to the International Space Station," NASA said in a statement announcing its decision. (Reporting by Joey Roulette in Cape Canaveral, Florida; Writing and additional reporting by Eric M. Johnson in Seattle; Editing by Bill Tarrant and Tom Brown)