Business

CAPE CANAVERAL, Fla. – SpaceX has today successfully launched a new Starlink rideshare mission (18 Aug.), featuring an air of Starlink Internet satellites along with three small Earth observation satellites, before landing a rocket at sea. The two-stage Falcon 9 rocket with 58 SpaceX Starlink satellites, and a trio of …

The U.S. banking giant filed a lawsuit in New York’s Southern District on Monday, seeking to return funds it said were transferred in an “operational error.” Citibank (C) said in court documents that it meant sending Brigade Capital about $ 1.5 million in interest payments on a loan made by …

Reuters / Rick Wilking Saudi Arabia’s Saudi wealth fund held its position in Warren Buffett’s Berkshire Hathaway in the second quarter of this year, an SEC filing revealed last Friday. The Royal Public Investment Fund has released 210,222 shares in Berkshire, giving it about $ 40 million of its previous …

REUTERS / Steve Nesius The personal wealth of Tesla CEO Elon Musk won nearly $ 8 billion on Monday as the stock market smelled 11% after a very low. Musk is now the fourth richest person in the world, according to the Bloomberg Billionaires Index. Overall, Musk’s net worth grew …

(Bloomberg) – Brigade Capital Management LP told a federal judge that it could not repay $ 175 million that Citigroup Inc. says it paid as part of a $ 900 million mistake because the money went to other funds, while the bank says Brigade is the only one of dozens …