‘Space junk’ unicorn backed by Japanese billionaire takes flight from Tokyo – Uptrends

‘Space junk’ unicorn backed by Japanese billionaire takes flight from Tokyo – Uptrends

For more than a decade, an abandoned piece of a Japanese rocket has been speeding uncontrolled around Earth, at risk of colliding with active satellites and causing havoc in orbit. Now a Tokyo-based startup run by a veteran of McKinsey & Co. and Japan’s Ministry of Finance is sending a spacecraft to inspect the debris, … Read more

Carl Icahn takes 9.9% stake in JetBluel, says shares ‘undervalued’ – Uptrends

Carl Icahn takes 9.9% stake in JetBluel, says shares ‘undervalued’ – Uptrends

Misery loves company and after facing steep stock price declines of more than 50% each, activist investor Carl Icahn and JetBlue might need each other right now. Icahn Enterprises disclosed a 9.9% ownership stake in airline JetBlue today, Icahn’s first foray back onto the dance floor after promising that the firm would “stick to our … Read more