Kelly Beatty, senior editor of Sky & Telescope, talks SpaceX's powerful Falcon Heavy rocket, the possibility of a tax break for the company, and the upcoming lunar eclipse. The Falcon Heavy rocket is the most powerful this generation has ever seen.
Beatty says the company will have a six hour window to test Falcon Heavy's engines. If engineers can't test within that window, it will be pushed back yet again. The engines will have to prove they can accelerate to seven miles per second.
Beatty says a state tax exemption from California would help SpaceX. What the state would lose in tax revenue, it would make up for in new jobs.
The best place to view the January 31st lunar eclipse will be California, according to Beatty. In addition to the eclipse, we will also see January's second full moon (a blue moon), a blood moon, and a super moon.
According to data from Dealogic, the Nasdaq is on track to beat the NYSE in IPOs this year, raising $191 billion so far, compared with the NYSE's $109 billion. Louis Cordone, senior president of Data Strategy at AST, discusses why 2021 was so successful for IPOs, and what differentiates the two exchanges.
Bitcoin took a nosedive over the weekend, falling to its lowest price level in nearly two months. According to data from Coindesk, the crypto dropped more than 20% to $42,000 on Saturday before rebounding some. Prices of Ether, Dogecoin and Shiba Inu dropped as well, with Ether tumbling by more than 15%at one point. Lance Ippolito, head trader at the Future of Wealth, joined Cheddar to discuss why crypto plummeted and what to expect next.
Less than six months after making its public debut on the NYSE, Chinese ride-hailing giant Didi says it will delist in the U.S. and pivot to Hong Kong instead. Chinese regulators are citing cybersecurity and data concerns. Shehzad Qazi, Managing Director, China Beige Book International joined Cheddar's Opening Bell to discuss.
As offices shifted to remote schedules, and people were forced into a new way of work, many began to re-think their career path and their purpose in the workforce, leading to what many are calling 'The Great Resignation.' During the last year, Americans quit their jobs in unprecedented numbers, seeking more flexibility, better benefits, a higher salary, and ultimately greater independence. Danielle Neal, CEO of Digital with Danielle, is just one of the millions who quit their job during the pandemic, and she joined Cheddar's Opening Bell to tell her story.
As Americans quit their jobs in record numbers this year, companies have been scrambling to try and fill those gaps. Gad Levanon, head of the labor market institute at The Conference Board, says companies need to focus more on salary if they want to better retain their employees. Levanon joined Cheddar to discuss the labor shortage, the "Great Resignation," and what companies can learn from it going into 2022.
