SpaceX mulls $1.5tn IPO timed to ‘align with Musk’s birthday and the planets’ pred 13 urami in 34 minutami World’s richest person targeting symbolic date in June for flotation of rocket companyElon Musk’s SpaceX is considering a flotation valuing the rocket company at $1.5tn (£1.1tn) that will reportedly be timed for early summer to coincide with a planetary alignment and the multibillionaire’s birthday.The world’s richest person is targeting a symbolic date of mid-June for the initial public offering, according to the Financial Times. This would be around the same time as Jupiter and Venus appear in close proximity to each other and shortly before Musk turns 55 on 28 June. Continue reading...(The Guardian)
‘You’d be ashamed to bring someone here’: The struggling billionaire-owned high street that shows Reform’s road to No 10 pred 13 urami in 50 minutami Newton Aycliffe was meant to be a model town for a fairer postwar Britain. But unaffordable rents on a high street amounting to 0.12% of its property tycoon owner’s holdings have made it a symbol of decline – and a warning for LabourHow has your local high street changed since 2019? Check your postcodeLabour risks election wipeout unless it improves Britain’s high streetsUnder blue skies and bunting, the whole of County Durham seemed to turn out for the young Queen Elizabeth II. They lined the streets in their thousands, waving flags and marvelling at the grand royal procession weaving past their newly built homes.It was 27 May 1960 and the recently crowned queen was officially opening the town of Newton Aycliffe on her first provincial tour after the birth of her third child, Andrew Mountbatten-Windsor, three months earlier. A 16-page commemorative pamphlet, priced at two shillings and sixpence, records the local Light Infantry buglers playing to the giddy crowd. Continue reading...(The Guardian)
Labour risks election wipeout unless it improves Britain’s high streets, study finds pred 13 urami in 51 minutami Decay of town centres a top issue among voters especially Reform UK supporters and is fuelling resentment against WestminsterHow has your local high street changed since 2019? Check your postcodeThe struggling billionaire-owned high street that shows Reform’s road to No 10Labour will be “washed away in a tide of discontent” at the next general election unless it tackles the decline of Britain’s high streets, a study has warned, as Guardian analysis lays bare the changing face of town centres.Research by the University of Southampton found people feel high streets have declined more than any other part of their local area over the past decade, as household brands collapsed and shoplifting rose. Continue reading...(The Guardian)
Amazon reveals fresh round of global job cuts in email sent in error to workers pred 14 urami in 29 minutami Message erroneously said affected employees in the US, Canada and Costa Rica had already been informedBusiness live – latest updatesAmazon has told workers of a fresh round of global job cuts in an email that appears to have been sent in error.Workers at Amazon Web Services (AWS) received a meeting invitation from a top executive on Tuesday for the following day – subsequently cancelled – that also contained a draft email. Continue reading...(The Guardian)
