Wright And Lutnick Unveil $33 Billion Gas-Fired Mega-Project In Ohio With SoftBank

"Iran Is Losing Its Grip On Hormuz": Strait Traffic Explodes Nearly 400% Summary: Nearly 200 Ships Navigated Strait Last Week, Up From 150 the Previous Week Trump Views Hormuz As "an American Territory"  Axios: 40 Tankers Transited Hormuz Friday Night, But Real Crisis Is Diesel Hormuz Commercial Traffic Surges  Shortly after President Trump declared the Strait of Hormuz "an American territory" on Friday evening, the New York Post published a new report citing UK Maritime Trade Operations data showing that commercial traffic through the critical waterway has rebounded sharply as more vessels use a US-backed...

Next-Gen Ramjet Fuel Propulsion System For Future Offensive, Defensive Missions Tested Authored by Prabhat Ranjan Mishra via Interesting Engineering, L3Harris has taken a significant step toward advancing next-generation propulsion technology for future offensive and defensive missions. The approach marks an essential risk reduction step in enabling solid fuel ramjet propulsion to help close a critical performance, and cost gap. (Representational image) The company revealed that a recent test demonstrated progress toward a high-performance, lower-cost propulsion option. The test also met the Department of War's goal to provide superior advanced weapon systems, at affordable...

Blue Owl Stock Slides After Moody's Cuts Outlook To "Negative" On Surging Redemption Requests Blue Owl stocks is getting slammed this morning, erasing all early gains, after Moody's Ratings cut its outlook on a $36-billion Blue Owl non-traded fund to "negative" from "stable" on Tuesday, citing redemption requests that were significantly higher than at peers in the first quarter. Moody's also said the change in the outlook on Blue Owl Credit Income Corp (OCIC) is ​due to the majority of the redemption requests coming from a very limited number of investors,...