Courtesy Orbital Assembly Corp.
According to the Gateway Foundation, construction is expected to begin in 2026 on Voyager Station, the first space hotel. Plans call for it to be built by Orbital Assembly Corp. and have similar amenities to an upscale Earth-based hotel with, well, a view like no other. As CNN reports, it will consist of a rotating wheel made of 24 modules featuring weightless and reduced-gravity recreational activities.
https://www.cnn.com/travel/article/voyager-station-space-hotel-scn/index.html
Saudi Arabia raised April pricing for crude exports eastward to the highest levels since just before they instigated a brief price/supply war a year ago. The Organization of Petroleum Exporting Countries and allies decided at a meeting March 4 that it would be sticking with output cuts that have buoyed the market this year. Meanwhile, Russia wants to add production to prevent U.S. producers from adding output and capturing market share, Bloomberg reports.
https://www.bnnbloomberg.ca/saudis-raise-crude-prices-to-asia-u-s-as-opec-extends-cuts-1.1573656
As part of the Singapore government's wide-ranging "green plan", the city-state has pledged to increase solar energy use four-fold to three percent by 2030 –enough to power about 350,000 households per year, reports Tech Xplore. With land at a premium, Singapore is diving into the "new frontier" of floating solar farms, including one in the Johor Strait that features 13,000 panels anchored to the sea floor. A 122,000-panel farm under development in the Tengeh Reservoir will...
Retail investors are pouring funds into U.S. stocks at a rate 40% higher than in a record-breaking 2020, according to Bloomberg. Retail traders, many of them newbies, are jumping all over stock-market dips, leaving analysts wondering how long the novice bull ride will last.
https://www.bnnbloomberg.ca/nothing-the-stock-market-does-ever-scares-its-retail-daredevils-1.1573217
The weirdness that is Burning Man in Nevada's Black Rock Desert was not to be in 2020 and possibly 2021, but the organizers, Burning Man Project (BMP), say they plan to create something even more immense called Fly Ranch. On 3,800 acres just north of the Burning Man site, BMP proposes build infrastructure for global sustainable solutions. Projects within Fly Ranch are to include Solar Mountain, SEE symbiotic coevolution and the Ripple bioceramic dome....
One of the first big spenders in special-purpose acquisition (SPAC) investment, billionaire Chamath Palihapitiya has sold 6.2 million personal shares of Virgin Galactic for about $211 million. He pledged to parlay the profits into combatting climate change. Palihapitiya's investment in 2019 helped the space tourism startup founded by Richard Branson speed to a public listing. Palihapitiya and business partner Ian Osborne still own 15.8 million shares via SCH Sponsor Corp.
https://markets.businessinsider.com/news/stocks/chamath-palihapitiya-sells-virgin-galactic-personal-stake-211-million-2021-3-1030154267
Senator Ron Johnson, R-Wis., speaks to the media at the U.S. Capitol
The $1.9-trillion COVID-19 relief bill proposed by U.S. President Joe Biden took a detour overnight after Wisconsin Republican Senator Ron Johnson demanded that the entire 628-page document be read aloud. Johnson claimed that all members should be aware of what is in the bill because of the tremendous cost. Senate clerks took shifts to read the bill beginning at 3:30 p.m. Eastern and...
You may have heard, over the years, the announcement of the colour of the year. Unless you are a professional designer, chances are you have no idea who is responsible for choosing the particular hue or shade that will spruce up the most up-to-date living-room wall or décor of your favourite restaurant. And while it may seem trivial to most, it is an influential matter in the corporate world. Slate tells the story of how a...
Overtime CEO Dan Porter
Sports content provider Overtime Sports Inc. says it plans to put serious money into the hands of 16- to 18-year-old basketball players who want to bypass the high school and collegiate levels. Players in the Overtime Elite League have been promised they will earn at least $100,000 per season as they buff up for NBA eligibility and build their brands. As CNBC points out, Overtime CEO Dan Porter admitted that NBA commissioner David...
Those who imbibe British single malt whiskies and cheese will be delighted to know that the U.S. has suspended duties on those and other products as the two countries try to resolve a trade dispute. The conflict originated with aircraft manufacturing tariffs imposed by the U.S. on the European Union prior to the U.K.'s departure from the EU. In a BBC report, the head of the Scotch Whisky Association called the suspension of tariffs...
