Text size Peter Foley / Bloomberg Bigger banks have reported profits, and investors can be forgiven if they are unsure where the opportunities are now. The answer may lie in how much uncertainty they are willing to accept. Analysts warned that the quarter would be “sloppy” and “confusing,” and banks …

A new theory explains how black holes grow as a function of the mass of galaxies and eventually shut down star formation in their host galaxies. The images in this graph are from nearby galaxies in the current era taken by the Sloan Digital Sky Survey, chosen to represent the …

Doug Parker, President and CEO of American Airlines (Photographer: Andrew … [+] Harrer / Bloomberg) © 2017 Bloomberg Finance LP American Airlines made a terrible announcement this week warning 25,000 workers that they could be fired or laid off. These staggering figures represent approximately 20% of the company’s workforce. The …

In Nueces County, Texas, where Corpus Christi is located, the number of new coronavirus cases skyrocketed in July after a flattening trend. The virus has infected dozens of babies, and local authorities urge people to wear masks and practice social distancing. “We currently have 85 babies under the age of …

SpaceX plans to launch a new 39-story rocket system called Starship-Super Heavy soon from Boca Chica in the southeastern corner of Texas. However, the aerospace company, founded by Elon Musk in 2002, must first complete a new environmental review with the Federal Aviation Administration (FAA) before it can receive authorization …