Elon Musk says SpaceX will expand Starlink internet test

Elon Musk says SpaceX will expand Starlink internet test

SpaceX is expanding a test of its Starlink satellite internet and could bring the service to other countries next year, CEO Elon Musk says. The space-exploration firm will send out “several thousand more” invitations to customers this week for the so-called beta test of Starlink, which connects users to the internet through a network of hundreds … Read more

US stocks climb again as polls open for Election Day

US stocks climb again as polls open for Election Day

US stocks appeared poised for a second straight day of gains Tuesday as Wall Street watched the first polls open for the long-awaited presidential election. Futures contracts tied to the Dow Jones industrial average were up 449 points, or about 1.7 percent, at 27,245.00 as of 7 a.m., putting the blue-chip index on pace to … Read more

Walmart fires inventory-tracking robots, will use humans instead

Walmart fires inventory-tracking robots, will use humans instead

Walmart is parting ways with robots used to monitor store inventory as the retail giant realized humans are just as capable, a new report said. The robot layoff is the result of the company cutting ties with startup Bossa Nova Robotics, which over the last five years provided six-foot-tall inventory-tracking machines to roughly 500 Walmart … Read more

NBA Store landlord seeks $4M in unpaid rent from league

NBA Store landlord seeks $4M in unpaid rent from league

Landlord Joe Moinian wants a slam-dunk win in his bitter battle with the NBA over unpaid rent at the league’s theme store at 545 Fifth Ave. He’s asking Manhattan Supreme Court Judge Debra James to rule on the case without a jury trial, claiming that the NBA doesn’t have a long leg to stand on. … Read more

Mark Cuban buys 20-percent stake in vegan deli

Mark Cuban buys 20-percent stake in vegan deli

Mark Cuban has seen the future of vegetarian dining — and it comes with spicy mustard, sauerkraut, and a side of greasy potato chips. Last November, the billionaire “Shark Tank” judge shelled out $250,000 for a 20-percent stake in Mrs. Goldfarb’s Unreal Deli — a “fine vegan meats” food startup that makes corned beef, turkey … Read more

AMC quarterly loss grows to $900M amid pandemic

AMC quarterly loss grows to $900M amid pandemic

AMC Entertainment’s third-quarter loss widened to more than $900 million as it to get pummeled by the economic fallout from the coronavirus. The nation’s largest movie theater chain, which had reported a $54.8 million loss in the year-ago quarter, said revenue for the period ended Sept. 30 plummeted 91 percent. Although the dismal results were … Read more

Stock market boost from Biden win would likely fade, experts say

Stock market boost from Biden win would likely fade, experts say

Don’t expect a Biden bump to become a Biden boom. While a Democratic victory in Tuesday’s presidential election could give stocks a temporary boost, market strategists say Wall Street will likely be happier with more of what Republicans have delivered. A Joe Biden win could boost share prices in the short term given that he’s … Read more

Stores across country board up fearing election-related chaos

Stores across country board up fearing election-related chaos

Businesses nationwide are fortifying themselves for Election Day riots. Shops in San Francisco, Beverly Hills, Washington DC, Atlantic City, Chicago, Boston, Indianapolis and Denver have already boarded up their storefronts ahead of Tuesday’s 2020 US presidential election. In recent days, many businesses in New York City boarded up to gird against civil unrest. Businesses across … Read more

Redfin accused of ‘redlining’ in federal housing lawsuit

Redfin accused of 'redlining' in federal housing lawsuit

Housing advocates have accused Redfin of “redlining” minority neighborhoods with a price policy that can make it harder for people of color to sell their homes. Redfin will only act as a real estate broker for homes if they’re above a minimum price that varies for each housing market — meaning the company is less … Read more