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Blue Origin's New Glenn Rocket Explodes On Florida Launchpad

Blue Origin's New Glenn Rocket Explodes On Florida Launchpad Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a static-fire test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX.  The firm was preparing the vehicle for its fourth launch, which was slated to deploy a batch of satellites for Amazon.com Inc.’s Leo, a rival satellite network to SpaceX’s Starlink. None of the satellites were on the rocket when it exploded, a spokesperson for...
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Jun 15, 2026 / Tyler Durden
Anduril CEO Urges U.S. Arms Export Reset To Become World's Gun Store
Anduril CEO Urges U.S. Arms Export Reset To Become World's Gun Store Anduril founder Palmer Luckey has called for critical resets across defense procurement, manufacturing, innovation, and national identity. Luckey's defense startup, valued at over $60 billion, is one of the key forces reshaping America's military power through low-cost, automated systems that can be manufactured and reproduced at scale, from autonomous weapons and AI fighter jets to drones for the modern battlefield. America's hollowed-out industrial base is being rebuilt through President Trump's reshoring push and other domestic policies designed to expand the...
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Apr 30, 2026 / Tyler Durden
The Most Splendid Housing Bubbles In America
The Most Splendid Housing Bubbles In America Authored by Wolf Richter via Wolf Street, In 27 of the 33 big and expensive cities we track here, mid-tier home prices in March were down from their respective peaks in prior years, led by Austin (-26%), Oakland (-25%), and New Orleans (-19%). Now also filtering into these mid-tier home prices is the “mansion shortage” in San Francisco, the epicenter of the AI investment bubble. Total employment in the city dropped and the unemployment rate ticked up. But a relatively small number of super-highly paid...
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Jul 15, 2026 / Tyler Durden
Pennsylvania Data Centers Face Increased Oversight Under New Law
Pennsylvania Data Centers Face Increased Oversight Under New Law By Diana DiGangi of UtilityDive Pennsylvania's Democratic Governor Josh Shapiro, signed a budget Sunday which will require data centers to report their exact water and power usage annually to the state. It also requires the PJM Interconnection to give Pennsylvania state regulators additional insight into its demand forecasting. “The current process by which utilities submit information to PJM lacks transparency for policymakers, regulators and stakeholders,” states House Bill 1924, which was folded into Pennsylvania’s 2026-2027 budget. “There is a need for oversight by...
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