Top News & Analysis Orlando

  • SEATTLE, Feb 21- NASA has warned SpaceX and Boeing Co of design and safety concerns for their competing astronaut launch systems, according to industry sources and a new government report, threatening the U.S. bid to revive its human spaceflight program later this year. NASA is paying SpaceX $2.6 billion and Boeing $4.2 billion to build rocket and capsule launch...

  • ORLANDO, Fla., Feb 20- Kinder Morgan Inc will expand barge-loading capacity at its ethanol terminal in Chicago to help relieve a supply glut there that is driving down global prices for the biofuel, three people briefed on the company's plans told Reuters. The situation has added pain to a critical Midwest agricultural industry that is already struggling with a...

  • ORLANDO, Fla., Feb 15- NASA said on Friday it was weighing an option to buy two additional astronaut seats aboard a Russian rocket as a contingency plan against further delays in the launch systems being developed by Elon Musk's SpaceX and Boeing Co.. The U.S. space agency has since had to rely on Russia's Roscosmos program to ferry astronauts to the orbital space...

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  • President Donald Trump said on Wednesday trade talks with China were "going along very well" as the world's two largest economies try to resolve their seven-month tariff war ahead of a March 1 deadline for a deal. U.S. tariffs on $200 billion worth of imports from China are scheduled to rise to 25 percent from 10 percent if the two sides don't reach a deal by then,...

  • NEW YORK, Feb 10- Apollo Global Management LLC is nearing a roughly $3 billion agreement to acquire Cox's TV stations, the biggest in a series of deals the private equity firm is lining up to become a force in U.S. broadcasting, according to sources familiar with the matter. Cox Media Group and Apollo are also discussing some joint venture agreements for Coxs...

  • OSLO, Jan 23- Norway's sovereign wealth fund, the world's biggest, has bought six logistics properties in Chicago, Nashville and Orlando together with real estate partner Prologis, the fund said on Wednesday. "Norges Bank Real Estate Management paid $87.7 million for its 45 percent interest... The sellers are ventures between Prologis and U.S. pension funds...

  • ORLANDO, Fla., Dec 18- Elon Musk's SpaceX halted Tuesday's launch of a long-delayed navigation satellite for the U.S. military, postponing for at least a day the space transportation company's first designated national security mission for the United States. SpaceX dropped the lawsuit in 2015 after the Air Force agreed to open up competition, according to...

  • ORLANDO, Fla., Dec 18- Elon Musk's SpaceX halted Tuesday's launch of a long-delayed navigation satellite for the U.S. military, postponing for at least a day the space transportation company's first designated national security mission for the United States. SpaceX dropped the lawsuit in 2015 after the Air Force agreed to open up competition, according to...

  • SpaceX's Falcon 9 rocket, carrying a roughly $500 million global positioning system satellite built by Lockheed Martin Corp, was scheduled to lift off from Florida's Cape Canaveral shortly after 9 a.m. local time, the U.S. Air Force said. SpaceX dropped the lawsuit in 2015 after the Air Force agreed to open up competition, according to SpaceX's website.

  • SAN FRANCISCO, Dec 5- Waymo, Alphabet's self-driving unit, launched on Wednesday the first commercial automated ride-hailing service of its size among the main U.S. companies vying to dominate the still nascent market. Waymo is testing mainly in Chandler, Arizona and three other Phoenix suburbs, but also 21 other cities including San Francisco and Silicon...

  • sources@ SEATTLE/ ORLANDO, Fla., Oct 31- SpaceX Chief Executive Officer Elon Musk flew to the Seattle area in June for meetings with engineers leading a satellite launch project crucial to his space company's growth. Within hours of landing, Musk had fired at least seven members of the program's senior management team at the Redmond, Washington, office, the...

  • ORLANDO, Fla., Oct 15- French planemaker Dassault Aviation will nudge up production rates on certain business jet models, including its Falcoln 8 x and 2000 jets, Chief Executive Eric Trappier said on Monday, a sign of broader industry demand for corporate aircraft. We are at the moment increasing a little bit our rate of production, Trappier told reporters ahead of...

  • ORLANDO, Fla., Oct 15- Aerion Supersonic, the developer of a $120 million supersonic business jet, said on Monday it would be able to take off and land without regulatory changes in the United States, a potential boost to efforts to bring back faster air travel. "We're on track to fly in 2023, and before that year is out cross the Atlantic at supersonic speed, which will be...

  • ORLANDO, Fla., Oct 15- The latest features of corporate jets, from high-end technology to hot showers at 40,000 feet, are on display at a flagship industry show in Orlando this week, where planemakers expect booming demand, helped by U.S. Tax changes that allow deductions for corporate jets have traditionally stimulated demand for pre-owned planes, "which then...

  • ORLANDO, Fla., Oct 15- Dassault Aviation Chief Executive Eric Trappier said on Monday the French planemaker will raise production rates slightly on certain business jet models, including its Falcoln 8 x and 2000 jets, in a sign of broader industry demand for corporate aircraft. We are at the moment increasing a little bit our rate of production, Trappier told...

  • ORLANDO, Fla., Oct 15- The latest trends in corporate jets, from high-end technology to hot showers at 40,000 feet, are on display at a flagship industry show in Orlando this week, where planemakers expect booming demand, helped by U.S. The world's largest market for executive aircraft is the United States, where Democrats have criticized Republican Trump's recent...

  • ORLANDO, Fla. Oct 14- Embraer SA is adding two longer-range business jet variants to its mid-sized Legacy line, featuring revamped cabins and technology that reduces turbulence to create smoother flights, the Brazilian plane maker said on Sunday. The launch of the two Praetor models- named after Ancient Roman officials- coincides with the business jet...

  • ORLANDO, Fla., Oct 10- Boeing Co is building the largest rocket in NASA's history but the aerospace giant's "poor performance" has resulted in an $8.9 billion price tag that is double the initial budget and could further delay the launch, the U.S. space agency's watchdog office said on Wednesday. NASA spokeswoman Kathryn Hambleton said the agency was restructuring...

  • The SEC on Tuesday said SeaWorld and Atchison downplayed the documentary's impact from Dec. 2013 to Aug. 2014, even as bad publicity began hurting attendance and SeaWorld' s reputation. SeaWorld' s share price tumbled 32.9 percent on Aug. 13, 2014, wiping out more than $832 million of shareholder value, after the Orlando, Florida- based company finally acknowledged...