NASA’s Perseverance rover has made a breakthrough in converting the thin atmospheric carbon dioxide present on Mars to oxygen. A toaster-size, experimental instrument aboard the six-wheeled robot on the Martian surface called the Mars Oxygen In-Situ Resource Utilization Experiment (MOXIE) accomplished the task on Tuesday, 60 days after the mission landed. NASA said that the technology demonstration could pave the […]
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The next 100 days Today is President Biden’s 100th day in office, and yesterday he delivered his first address to a joint session of Congress. In his speech, he laid out an agenda that, The Times’s Peter Baker writes, represents “a fundamental reorientation of the role of government not seen since the days of Lyndon B. Johnson’s Great Society and […]
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Meet Insider’s lineup of up-and-coming talent in the world of equity research. We selected 19 young analysts 35 and under covering a wide range of sectors from gaming to natural gas. The group hails from top Wall Street firms including Bank of America, JPMorgan, and Morgan Stanley. The stock market today looks far different than it did during the depths […]
Read moreAfter reporting a sharp pullback in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday unexpectedly showing a continued decline in initial jobless claims in the week ended April 17. The report said initial jobless claims fell to 547,000, a decrease of 39,000 from the previous week’s revised level of 586,000. […]
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A new study that looks at Pennsylvania’s rules for locating oil and wells, and which notes Colorado’s new regulations, found that the distance between buildings and wells didn’t significantly change when the rules were tightened because exemptions were allowed. The study by Harvard University’s T. H. Chan’s School of Public Health, the research institute Physicians, Scientists and Engineers for Healthy […]
Read moreNurPhoto/Getty Images Bitcoin investors should be prepared for wild volatility, SkyBridge’s co-investment chief said. Troy Gayeski said SkyBridge is bullish on bitcoin, citing stimulus and institutional adoption. The firm was founded by Anthony Scaramucci, who worked briefly in Trump’s White House. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin may have tumbled from $65,000 […]
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About one in 10 Americans haven’t gotten their second scheduled dose of COVID-19 vaccine, and while that worries epidemiologists, the follow-through is far better than other adult two-dose vaccines. According to recent data from the Centers for Disease Control and Prevention, about 92% of people who got the Pfizer-BioNTech or Moderna COVID-19 vaccine made it back for their second shot. Experts noted such completion numbers for the two-dose regime of […]
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HONG KONG (REUTERS) – Standard Chartered posted on Thursday (April 29) a higher- than-expected 18 per cent rise in quarterly pre-tax profit, as the emerging markets-focused bank began recovering from the economic hit caused by the coronavirus pandemic. Pre-tax profit for January-March was US$1.4 billion, versus US$1.2 billion a year earlier, and compared with an average analyst forecast of US$1.08 billion […]
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SINGAPORE (BLOOMBERG) – HSBC Holdings is offering its ultra-rich clients in Asia direct access to its investment bankers as the lender targets becoming a leader in managing wealth in an increasingly affluent region. The London-based bank, which makes the bulk of its profits in Asia, has opened a new institutional family office in Hong Kong and Singapore, which will give […]
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