Boeing's Chief Executive has once again told the public his company will beat Elon Musk's SpaceX in its mission to Mars. Will Goodman, Managing Editor at Rockets are Cool, joins Cheddar to discuss the competition between the two aviation companies.
Boeing believes it will do a "slingshot" mission around the moon by 2019. However, NASA says that most likely won't happen and gives people a more realistic date of June 2020. Either company making it to Mars it really comes down to funding. Goodman talks about how much the flight will cost for each company.
Plus, SpaceX will attempt to re-launch both an orbital rocket and the Dragon spacecraft together for the first time on Tuesday. This will be a huge step for the company when it comes to reusing products, and Goodman talks about how much money it will save if successful.
Lenore Hawkins, chief macro strategist at Tematica Research, told Cheddar from Lake Como, Italy, that the local populace seems to be taking the directives to stay indoors seriously.
The Earth's average temperature last year was about 1.1 degrees Celsius higher than pre-industrial levels, second only to the record established in 2016.
The airlines announced the cuts Tuesday morning after markets suffered their biggest drop since the 2008 recession. The shock came as demand for flights sunk worldwide.
These are the headlines you Need 2 Know for Tuesday, March 10, 2020.
The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets. The sharp drops triggered the first automatic halts in trading in two decades.
Officials at the World Health Organization said Monday that of about 80,000 people who have been sickened by COVID-19 in China, more than 70 percent have recovered and been discharged from hospitals.
Stocks are falling sharply Monday on Wall Street on a combination of coronavirus fears and plunging oil prices, triggering a brief, automatic halt in trading to let investors catch their breath.
Lenore Hawkins, chief macro strategist for Tamatica Research, told Cheddar that the combination of the COVID-19 outbreak and the oil price war between Saudi Arabia and Russia is an unprecedented set of circumstances for investors.
The Dow Jones Industrial Average plummeted 1,500 points, or 6%, following similar drops in Europe after a fight among major crude-producing countries jolted investors already on edge about the widening fallout from the outbreak of the new coronavirus.
These are the headlines you Need 2 Know for Monday, March 9, 2020.
