Business

NASA and Boeing have decided to extend the first crewed flight of the Starliner capsule named “Calypso” at the International Space Station. This extension is primarily to conduct additional testing on the ground to gather more data about the spacecraft’s performance, particularly focusing on its thruster system. The initial plan was for the Starliner to
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Nike CEO John Donahoe’s leadership seems to be facing scrutiny on Wall Street. Following a disappointing fiscal year, Nike announced that sales for the current quarter are projected to decline by 10%, far exceeding analysts’ expectations. This news led to a significant drop in Nike’s stock price, causing at least six investment banks to downgrade
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Chinese automakers are making a significant impact on the global automotive market, with the expectation to achieve 33% market share by 2030. This growth is remarkable considering that they are forecasted to only hold a 21% market share in the current year. The expansion of Chinese automakers is not limited to their home country, as
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The U.S. auto industry has seen a 2.9% increase in sales during the first half of the year compared to the previous year. However, concerns are rising about the sustainability of this growth for the rest of the year. Factors such as growing vehicle inventory levels, increasing incentives, and uncertainties surrounding the economy, interest rates,
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