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Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race
Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race
Globalstar shares surged 12% in premarket trading in New York...
...marking their biggest jump in nearly five months, after the Financial Times reported overnight that Amazon is in talks to acquire the satellite operator, a move that would certainly intensify the race to build satellite constellations.
The FT cited people familiar with the Amazon-Globalstar talks and said both sides are still negotiating over "some of the complexities," including the fact that Apple owns a 20% stake in the satellite communications company, which...
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Apr 14, 2026 / Jason Ditz
One Israeli Soldier Killed, 13 Wounded Overnight in South Lebanon Fighting
Heavy fighting continued to rage in southern Lebanon overnight, and the Israeli command reported they’d sustained a number of casualties, with one soldier was killed and three wounded during a battle when their Humvee flipped over. The slain soldier was identified as Master Sgt. Ayal Bianco of the Barak Armored Brigade. The wounded soldiers were […]
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Apr 14, 2026 / Tyler Durden
Australia's Qantas To Cut Domestic Flights Amid Fuel Price Surge
Australia's Qantas To Cut Domestic Flights Amid Fuel Price Surge
Authored by Monica O'Shea via The Epoch Times (emphasis ours),
Australia’s flag carrier Qantas will cut domestic flights and redeploy capacity from the United States towards Europe as fuel prices double.
Qantas Airways ground staff are seen on the tarmac near planes at the domestic terminal of Sydney International Airport in Sydney, Australia on Jan. 14, 2026. David Gray/ AFP via Getty Images
Qantas revealed fuel costs remained turbulent amid the Iran War in an update on its 2026 financial outlook, which noted...
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Apr 9, 2026 / Tyler Durden
Massachusetts Governor Uses Donut Holes To Explain The State Energy Crisis She Caused
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