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.
MindMed became the first publicly listed psychedelics company in the world after kicking off trading on the Canadian stock exchange NEO this week.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Bond yields fell to more record lows as investors continue to demand safety and unload stocks. The yield on the 10-year Treasury note sank as low as 0.66% as investors worried that economic damage from the spreading virus outbreak will be worse than previously thought.
Dr. William Schaffner of Vanderbilt University said taking steps like sanitizing the subway system "may play a small role in mitigating the transmission of this virus, but it signals to people that we ought to be functioning as we can and doing the things we can do."
Stocks are falling sharply again in midday trading on Wall Street, and bond yields are sinking to more record lows on worries about the economic damage coming from the spreading coronavirus outbreak.
These are the headlines you Need 2 Know for Friday, March 6, 2020.
Stocks and bond yields fell sharply Thursday as fears about fallout from the virus outbreak sent more shudders through markets.
The Senate has passed an $8.3 billion measure to help tackle the coronavirus outbreak in hopes of reassuring a fearful public and accelerating the government's response.
Danone's Horizon Organic, the largest organic dairy brand in the world, is committing to becoming carbon positive by 2025. Its goal is to become the first national dairy brand to be carbon positive across its full supply chain.
Scrambling to keep the coronavirus at bay, officials have ordered a cruise ship to hold off the California coast to await testing of those aboard, after a passenger on an earlier voyage died and at least one other became infected.
