Daily News Channel
Richard Garriott had more reason than most to dream the Apollo moon landings would rapidly expand space travel. His father was a NASA astronaut, as were many of his neighbors near Texas’ Johnson Space Center. With nearly all of humanity still on Earth nearly four decades later, the computer game developer paid $35 million for a ride aboard a Russian Soyuz spacecraft to the international space station
Even as Congress struggles with how to pay for health-care reform, the White House keeps doing it its best to accentuate the positive. Last week, Vice President Joe Biden hosted the country’s three largest hospital trade groups as they announced they will accept $155 billion in Medicare and Medicaid cuts over the next 10 years
Under the white walls and blue-and-gold cupolas of the Sergiyev Posad monastery, the row of vendors selling nesting dolls and other traditional Russian handicrafts is noticeably shorter this summer. Usually the cheap folding tables, set up in a double row outside the spiritual center of the Russian Orthodox Church, are surrounded by tourists snapping up the iconic egg-shaped souvenirs, made of smaller and smaller wooden dolls hidden one within the other. But on a recent Thursday afternoon, there were only about a dozen people looking to buy
The neon lights are no longer flashing; the roulette wheels have spun their last turn. Casinos across Russia closed their doors Wednesday as a sweeping ban on gambling went into effect, less than a week after a similar ban hit neighboring Ukraine. Lawmakers in both countries say the actions were necessary to bring under control spiraling addiction and a notoriously shady business.
On a typical weekend afternoon, Beijing’s Silk Street Market buzzes with the sound of tens of thousands of tourists haggling over antiques, jewelry and knockoff Gucci handbags.
The "prince" is taking the wheel of Toyota as the world’s largest automotive manufacturer stands at a crossroads.
In the 1960s and 1970s, Big Tobacco was widely viewed as the model for effective special-interest lobbying. “My own view is that in many ways, the tobacco industry invented the kind of special-interest lobbying that has become so characteristic of the late 20th- and earlier 21st-century American politics,” said Allan Brandt, dean of Harvard’s Graduate School of Arts and Sciences
A suspected drone strike on Pakistan’s border with Afghanistan killed five to seven people Thursday, intelligence sources said. The move will save the company £26 million ($42 million) annually and is the latest measure to help the airline through the economic downturn. Under the deal, pilots will see their pay cut by 2.6 percent while extra flying time allowances are reduced by 20 percent.
Tail-diving passenger numbers, the long-delayed debut of a new jet and the ghost of Air France flight 447 haunts this week’s Paris Air Show. One of the commercial aerospace industry’s most prestigious events, the biennial show is celebrating its 100th anniversary with the industry facing grim economic numbers and the aftermath of the transatlantic crash of a Paris-bound Airbus A330 that killed 228 passengers and crew on May 31. The air show comes at a time when the commercial airline industry is facing its worst crisis in years.
The world’s premier air show takes place in Paris next week, with the recent loss of Air France flight 447 over the Atlantic Ocean likely to cast a shadow over the event. The annual Paris Air Show at Le Bourget, which this year celebrates its 100th anniversary, gives the air transport industry the chance to promote the latest innovations in aerospace technology and attract buyers for both commercial and military aircraft. Manufacturing giants Boeing and Airbus are two of the most high-profile organizations at the show as a result of their stranglehold over the commercial airliner market