The time has come! SpaceX has finally revealed images of the Falcon Heavy. Will Goodman, Managing Editor at Rockets are Cool, joins Cheddar to discuss what January looks like for the aerospace company.
The Falcon Heavy has 50% less thrust than the Saturn V, which brought astronauts to the moon, but will have much more power. It will run on 92% force instead of 100%, so the landing of its three rockets will hopefully be smooth. Goodman says it will be like watching Cirque du Soleil show.
Plus, the race to get a man into space could be approaching the finish line. Blue Origin, Jeff Bezos' aerospace company, announced it will send a man to space in the next year and a half. Goodman says that will most likely not happen in the allotted timeframe, but does say that 2018 will be a big year for the Elon Musk-Jeff Bezos-Richard Branson competition.
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.
