Greece has defaulted on its debt to the IMF and put its financial system into a painful stasis until a July 5 referendum on whether to accept the conditions attached to another tranche of bail-out loans from its creditors.
An unmanned SpaceX Falcon 9 rocket bringing supplies and scientific cargo the International Space Station came apart just minutes after launch today.
Update, 6/28: This launch failed when the rocket came apart two minutes and nineteen seconds after launch; we are following the story here.
Oliver Wendell Holmes, one of the United States’ great jurists, famously wrote that “the life of the law has not been logic; it has been experience.” That’s certainly how a controversial decision about the US welfare state turned today.
Is the sky big enough for two multi-billion dollar satellite internet projects? In the next two years, we’ll find out if entrepreneurs driven by human betterment—one looking up at the heavens and humanity’s future, the other looking down to the earth’s neediest—can share a shot at creating the next big space product.
An annual analysis of CEO pay by the Economic Policy Institute shows that chief executives at the 350 biggest US firms make 303 times the average worker in their sector:
Updated 12:30am ET on June 22
A single driver’s $4,152.20 judgement against Uber may force radical changes to its business model.
Dan Lopez pulled his iPhone out of his pocket to show me a series of texts. Each was a satellite picture of a particular farm in Syria, optimized to show a kind of heat map—where food is growing, and where food is burning. That is, his phone gets automatic updates on the state of a food crisis half a world away.
An encyclical authored by Pope Francis was leaked to the media this week, confirming reports that the leader of the world’s 1.1 billion Roman Catholics will say that climate change is caused by humans and that science must guide the world’s response.
When Jeb Bush formally announced his candidacy for US president yesterday (June 16), he used his record as Florida’s governor to set a big economic marker for the country under a new Bush administration: 4% economic growth each year.
Elon Musk’s SpaceX will build a test track for the Hyperloop, the solar-powered pneumatic mass-transit system he hopes will replace high-speed rail as a regional people-mover, shooting pods full passengers through long tubes to their destinations, according to documents (pdf) obtained by Quartz.
Rejected by his own Democratic party, US president Barack Obama’s ambitions to strike a free-trade deal spanning 13 countries across the Pacific rim may have come to an end today.
The world has rediscovered podcasting. And for us, the real lesson of the post-Serial boomlet isn’t that podcasts are great—they’ve been great for awhile!—but that people actually care what reporters do before the story gets written or recorded. Which is to say, we always knew you cared about the murder mystery, but we didn’t know that you cared about how we try to report it.
New details have emerged about SpaceX’s ambitious plans to launch a huge constellation of micro-satellites designed to provide internet service here on Earth.
This week’s US IPO of Axovant Sciences tells quite a story about the state of the biotech industry today—and will convince you that at least one of the parties involved doesn’t know what they are talking about.
The international community has a pretty standard prescription for poor countries: Leverage development aid, attract foreign investment, and earn your way into middle income.
Who wasn’t excited to see Facebook and Google battle for dominance of low-earth orbit?
Sepp Blatter’s shockingly un-shocking re-election to a fifth consecutive four-year term as FIFA president was the triumph of a master game-player. His only competition, Jordan’s Prince Ali bin al-Hussein, stepped aside after Blatter acquired 133 of 209 votes in the first round of a secret ballot vote during FIFA’s annual meeting.
In a world where wealthy urbanites fill out comprehensive private school applications for kindergarteners, and academic pedigree is sold as the main pathway to a financially secure future, getting your kids into the same elementary school as Elon Musk’s children would be pretty exciting.
The conspiracy alleged today between a global soccer official and sports marketer includes one particularly juicy blind item: A description of an unnamed US multinational sportswear company paying the Brazilian national soccer federation $160 million in 1996 to be their official sponsor—and paying an additional $30 million to a shell company in order to win the contract.
Are your favorite brands backing an alleged criminal conspiracy polluting the world’s beautiful game?
The US Air Force announced today that it certified SpaceX to launch national security payloads, from spy satellites to mystery drones, ending the monopoly held by the Boeing-Lockheed Martin joint venture, United Launch Alliance (ULA).
A new attempt to tout the political benefits of Chinese investment in the US highlights just how lopsided the financial exchange is between the two major economies.
