A dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return

A dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return

by mikej222 | Jun 4, 2026 | Uncategorized

This post was originally published on this siteA beleaguered satellite company on the verge of bankruptcy a year ago has become the Fortune 500’s latest success story in shareholder returns: its stock price soared 430% since the beginning of last year, including...
A dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return

American Airlines is suspending some summer routes thanks to the cost of jet fuel

by mikej222 | Jun 4, 2026 | Uncategorized

This post was originally published on this siteAmerican Airlines is temporarily suspending some of its routes this summer, as steep jet fuel costs continue to strain carriers’ budgets amid the war with Iran. In a statement, American said it had adjusted service for...
A dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return

10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy

by mikej222 | Jun 4, 2026 | Uncategorized

This post was originally published on this siteAt Treasury Secretary Scott Bessent’s testimony before Congress on Wednesday, Sen. Bill Cassidy (R-LA) brought up a well-worn data point: 10,000 Baby Boomers enter Social Security every day. “In our plan,” Bessent vowed,...
A dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return

Gen Zers are more disconnected and distrustful of coworkers than their older colleagues—and they’re so lonely they’re taking days off work

by mikej222 | Jun 4, 2026 | Uncategorized

This post was originally published on this siteGen Zers are craving social connection, but they’re not finding it with their office peers. Navigating work settings has been a tough ride for the post-pandemic professional cohort, who missed out on office kitchen banter...
Europe wants more control over global AI services. America is warning them to take care—and history is on their side

Europe wants more control over global AI services. America is warning them to take care—and history is on their side

by mikej222 | Jun 4, 2026 | Uncategorized

This post was originally published on this siteMention of Brazil’s ‘market reserve policy’ is still capable of sending a chill through technology enthusiasts of a certain age. Introduced in the 1970s, when the country labored under a military dictatorship, the policy...
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