Vulcan Rocket Finally Launches, but Moon Lander Runs Into Trouble

If you’re making a list of big news stories of 2023, here’s one you might want to check twice: The surge in “organized retail crime,” or gang shoplifting. I’ve written before about the news media’s fixation on this phenomenon despite the unreliability of retailers’ claims about it, and especially when compared with the much more…

A customer views a digital menu at the drive-thru outside a McDonald’s restaurant in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images McDonald’s decision to raise royalty fees for the first time in nearly three decades doesn’t mean a wave of franchisees across corporate brands are about to see their cost of doing business…

The Institute of Fiscal Studies says higher interest rates have increased costs of financing the system.

Comment on this storyComment Add to your saved stories Save Congress may need to pass a temporary government funding bill before a looming deadline to prevent a partial shutdown — even though leaders announced a spending deal over the weekend meant to keep the government open. Funding for roughly 20 percent of the federal government…

Business & Finance 28 November 2023, 4:28 am 1 minute Reuters exclusively reported that The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on its bourse from selling stock, worried that such sales could douse a long-desired rally.   Market Impact The Beijing bourse currently houses 232…

Celebrity real estate agent Mauricio Umansky will not face a civil trial for allegedly violating his duties as a broker in the sale of a prominent Malibu hilltop mansion that he flipped for nearly $70 million. Real estate investor Sam Hakim and his agent dropped their consolidated Superior Court lawsuits this month against Umansky, his…