Elon Musk’s SpaceX is turning away satellite operators that want a ride to space on its Falcon 9 rocket, instead focusing on its unproven Starship vehicle. Bloomberg’s Sana Pashankar reports.
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Tesla missed Wall Street’s profit estimates even after a strong quarter of auto sales, a setback for the EV maker as it looks to build out new lines of business in robotics, autonomy and AI. Ed Ludlow has more.
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Lucid Motors is working with restructuring advisers to turn around its struggling business, while dismissing rumors that it’s considering bankruptcy as “completely false.” Consultant AlixPartners has been engaged to examine all aspects of Lucid’s operations. The carmaker is aiming to optimize its business, cut costs and ensure that the rollout of a new mid-size vehicle is successful

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There’s one place in the world that can’t seem to quit smoking: airports.

Morgan Meaker explains how smoking lounges remain strange holdouts in a world growing more hostile to cigarettes.
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When he was Tether’s banker, US Commerce Secretary Howard Lutnick “managed to kill” less favorable legislation, a court filing says. And a White House aide pushed a measure Tether wanted, observers say, then went to work for the company. Bloomberg’s Anthony Cormier and David Kocieniewski explain
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