On Thursday evening Blue Origin attempted to test fire its massive New Glenn rocket at its Florida launch site, but something went very wrong after engine ignition. The super heavy lift rocket exploded in spectacular and disastrous fashion. The static fire test was being filmed by NASASpaceflight.com on its Space Coast Live feed , which captured video of the conflagration that followed destruction...
On Thursday evening Blue Origin attempted to test fire its massive New Glenn rocket at its Florida launch site, but something went very wrong after engine ignition. The super heavy lift rocket exploded in spectacular and disastrous fashion. The static fire test was being filmed by NASASpaceflight.com on its Space Coast Live feed , which captured video of the conflagration that followed destruction of the booster. The first stage of New Glenn, fueled with methane, produced a massive fireball above the launch site along the Florida coast, LC-36A. It is possibly the most dramatic and powerful rocket explosion since the Soviet Union's N1 rocket was destroyed during a launch attempt in 1969. Blue Origin's New Glenn just blew up at LC-36 while attempting to Static Fire ahead of NG-4. https://t.co/tANS0dWyIH pic.twitter.com/PztxFoBqIw — NSF - NASASpaceflight.com (@NASASpaceflight) May 29, 2026 Read full article Comments
Key Points Director Mui Sung Yeo sold 20,000 shares on May 20, 2026, generating a transaction value of ~$2 million at $100.00 per share. This sale represented 25.2% of Yeo's direct holdings, reducing her direct position from 79,197 to 59,197 shares. This is Mui Sung's second open-market sale in the past year, with the transaction size in line with reduced available capacity after the earlier dispo...
Key Points Director Mui Sung Yeo sold 20,000 shares on May 20, 2026, generating a transaction value of ~$2 million at $100.00 per share. This sale represented 25.2% of Yeo's direct holdings, reducing her direct position from 79,197 to 59,197 shares. This is Mui Sung's second open-market sale in the past year, with the transaction size in line with reduced available capacity after the earlier disposition. 10 stocks we like better than Kulicke And Soffa Industries › Mui Sung Yeo, Director of Kulicke and Soffa (NASDAQ:KLIC), reported the open-market sale of 20,000 shares of common stock for a transaction value of ~$2 million as disclosed in the SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 20,000 Transaction value $2.0 million Post-transaction shares (direct) 59,197 Post-transaction value (direct ownership) $5.9 million Transaction and post-transaction values based on SEC Form 4 reported price ($100.00). Key questions How material was this transaction relative to Yeo's ownership? The 20,000 shares sold accounted for 25.2% of Yeo's direct position, reducing direct ownership to 59,197 shares, or roughly 0.11% of outstanding shares as of the latest filing. The 20,000 shares sold accounted for 25.2% of Yeo's direct position, reducing direct ownership to 59,197 shares, or roughly 0.11% of outstanding shares as of the latest filing. Were any indirect holdings or derivatives involved in this transaction? All shares sold were held directly, with no indirect or derivative holdings reported in the filing. All shares sold were held directly, with no indirect or derivative holdings reported in the filing. How does this sale compare to Yeo's historical trading activity? This is the second open-market sale in the past year, closely matching the 19,143 shares sold in February 2026. Both transactions reflect a pattern of large periodic dispositions as direct holdings decline. This is the second open-market sale in the past year, closely matching the 19,143 s...
The price of gold more than doubled between the start of 2024 and the end of 2025 -- far outpacing the Nasdaq Composite's (^IXIC +0.91%) 57% total return. But gold has been falling in recent months as the Nasdaq and S&P 500 (^GSPC +0.58%) notch fresh all-time highs. Investors heavily concentrated in stocks may be looking to other asset classes. Here's how to integrate gold into a diversified portf...
The price of gold more than doubled between the start of 2024 and the end of 2025 -- far outpacing the Nasdaq Composite's (^IXIC +0.91%) 57% total return. But gold has been falling in recent months as the Nasdaq and S&P 500 (^GSPC +0.58%) notch fresh all-time highs. Investors heavily concentrated in stocks may be looking to other asset classes. Here's how to integrate gold into a diversified portfolio and whether the sell-off is a buying opportunity. Protecting against a weakening U.S. dollar Investors with most or all of their assets tied to a fiat currency like the U.S. dollar -- that is, currency backed by the government rather than a commodity -- are vulnerable to swings in the dollar's value relative to other currencies. Even when factoring in inflationary periods like the mid-1970s and early 1980s, the dollar has remained relatively stable since becoming the global economy's primary reserve currency at the Bretton Woods Conference in 1944. Given the dollar's global influence, companies or households whose local currency is unstable may convert their currency into dollars for a more secure store of value. But some investors may be concerned that the dollar will continue to weaken as the national debt climbs, other economic powerhouses pressure the dollar, or if long-term interest rates fall to help alleviate consumer debt (which would weaken the dollar). An alternative to the dollar could be another fiat currency, such as the euro, pound, yen, or yuan. But gold has historically been an excellent hedge against inflation because of its universally recognized value independent of any single economy. So, if you're a U.S. investor, the simplest reason to allocate a portion of your portfolio to gold is to give you a store of value that isn't denominated in dollars. The key driver of gold's surging price in recent years is that central banks, institutional, and retail investors have been buying it to hedge against inflation, as an economic reserve, and to offset fiat ...
Key Points Holding gold has paid off for long-term investors. Some may view cryptocurrency as an alternative to gold. Dollar-cost averaging into gold to maintain a desired allocation is an effective way to avoid market timing. 10 stocks we like better than SPDR Gold Shares › The price of gold more than doubled between the start of 2024 and the end of 2025 -- far outpacing the Nasdaq Composite's (N...
Key Points Holding gold has paid off for long-term investors. Some may view cryptocurrency as an alternative to gold. Dollar-cost averaging into gold to maintain a desired allocation is an effective way to avoid market timing. 10 stocks we like better than SPDR Gold Shares › The price of gold more than doubled between the start of 2024 and the end of 2025 -- far outpacing the Nasdaq Composite's (NASDAQINDEX: ^IXIC) 57% total return. But gold has been falling in recent months as the Nasdaq and S&P 500 (SNPINDEX: ^GSPC) notch fresh all-time highs. Investors heavily concentrated in stocks may be looking to other asset classes. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Here's how to integrate gold into a diversified portfolio and whether the sell-off is a buying opportunity. Protecting against a weakening U.S. dollar Investors with most or all of their assets tied to a fiat currency like the U.S. dollar -- that is, currency backed by the government rather than a commodity -- are vulnerable to swings in the dollar's value relative to other currencies. Even when factoring in inflationary periods like the mid-1970s and early 1980s, the dollar has remained relatively stable since becoming the global economy's primary reserve currency at the Bretton Woods Conference in 1944. Given the dollar's global influence, companies or households whose local currency is unstable may convert their currency into dollars for a more secure store of value. But some investors may be concerned that the dollar will continue to weaken as the national debt climbs, other economic powerhouses pressure the dollar, or if long-term interest rates fall to help alleviate consumer debt (which would weaken the dollar). An alternative to the dollar could be another fiat currency, such as the euro, pound, yen, or yuan. But gold has ...
China’s top diplomat to the United States Xie Feng has told a prominent gathering in New York that US-China relations were at a “historical crossroads”, while acknowledging the winds and bends in the bilateral relationship, following this month’s leaders’ summit. “Two weeks ago, President Xi Jinping and President Donald Trump had a successful meeting in Beijing. Together, they agreed on a new visi...
China’s top diplomat to the United States Xie Feng has told a prominent gathering in New York that US-China relations were at a “historical crossroads”, while acknowledging the winds and bends in the bilateral relationship, following this month’s leaders’ summit. “Two weeks ago, President Xi Jinping and President Donald Trump had a successful meeting in Beijing. Together, they agreed on a new vision of building a constructive China-US relationship of strategic stability,” he told the China Institute of America centennial gala on Thursday. In the midtown ballroom where Xie spoke, a robot posed for photos with guests while attendees mingled, including Christopher Nixon Cox, grandson of former US president Richard Nixon, Chinese-American actress Joan Chen, television presenter Yue-Sai Kan and fashion designer Vera Wang. Advertisement The Nixon, Bush and Rockefeller families were among the honorees at the event, along with the former chief executive of Hong Kong, Tung Chee-hwa, who was represented at the event by his son Andy Tung. “Tonight, our two countries face tensions, new questions, new uncertainty. The work of bridge building has never been finished, and in some seasons it feels harder than ever,” Nixon Cox said in his speech. A robot was on hand to pose with attendees as the guests mingled. Photo: Lucy Quaggin These comments come just two weeks after Trump and Xi met in Beijing, with few deliverables and no real change on structural issues such as an unbalanced trade relationship, artificial intelligence, semiconductors and tensions around Taiwan.
The first stage of Blue Origin's New Glenn rocket, named ''Never Tell Me The Odds,'' returns to Port Canaveral, United States, on April 19, 2023. The booster is onboard the drone ship Jacklyn, where it landed after a successful launch. This marks the first time Blue Origin is reusing the same first stage. (Photo by Manuel Mazzanti/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Jeff ...
The first stage of Blue Origin's New Glenn rocket, named ''Never Tell Me The Odds,'' returns to Port Canaveral, United States, on April 19, 2023. The booster is onboard the drone ship Jacklyn, where it landed after a successful launch. This marks the first time Blue Origin is reusing the same first stage. (Photo by Manuel Mazzanti/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Jeff Bezos' space firm Blue Origin said on Thursday it experienced an anomaly during a hot-fire test, as visuals on social media showed its New Glenn rocket explode in a fireball. A hot-fire test is where a rocket engine is fired up while anchored to the ground. All personnel are accounted for, Blue Origin said in a post on X. Blue Origin has spent billions of dollars and roughly a decade developing New Glenn, a rocket 29-stories high with a reusable first stage meant to compete with SpaceX's Falcon fleet and its more powerful Starship. The Federal Aviation Administration did not immediately respond to a Reuters request for comment. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
A Lombard Odier survey shows that Asia's wealthy families want to preserve their fortunes across generations, but many still lack basic succession plans. Asiavision | E+ | Getty Images Asia's wealthy families want to preserve their fortunes across generations, but many still lack basic succession plans, according to a new Lombard Odier survey. The survey of more than 390 high-net-worth individuals...
A Lombard Odier survey shows that Asia's wealthy families want to preserve their fortunes across generations, but many still lack basic succession plans. Asiavision | E+ | Getty Images Asia's wealthy families want to preserve their fortunes across generations, but many still lack basic succession plans, according to a new Lombard Odier survey. The survey of more than 390 high-net-worth individuals across Asia-Pacific with net investable assets of at least $1 million found that 64.2% of respondents said preserving family wealth across generations was their main priority when considering wealth transfer. Yet only 26.9% said their family had a full succession plan in place, while 39.4% said they had no succession planning at all. The findings expose what the Swiss private bank described as an "intention-implementation gap" among Asia's wealthy families, many of whom remain underprepared despite growing awareness of succession risks. The issue is becoming increasingly urgent as Asia and the rest of the world undergo a massive intergenerational wealth transfer , particularly among first-generation entrepreneurs preparing to pass businesses and fortunes to their children. John Woods, Lombard Odier's Asia chief investment officer, warned that many families risk squandering wealth without stronger governance and planning frameworks. "This sort of concern around this contradiction is worrisome to me," Woods said during a roundtable accompanying the report launch. "If [majority] of the clients we surveyed haven't really given a major thought to wealth planning, they won't hold on to their wealth very long," he added. Across Asia-Pacific, Japan, the Philippines, Malaysia and Hong Kong stood out for weak succession preparedness. About half of the respondents in those markets said they had no succession plan or felt such planning was not relevant to them. The survey also found that many older family members have yet to meaningfully involve younger generations in governance and w...
Robert Walters Taiwan’s 15th anniversary report Reveals Structural Shift in the Local Talent Market Taiwan's talent market has officially shifted from an employer-driven to a candidate-driven market, with critical skills increasingly replacing tenure and job titles as the core measure of talent value. AI adoption and global supply chain restructuring are accelerating salary polarisation. Professio...
Robert Walters Taiwan’s 15th anniversary report Reveals Structural Shift in the Local Talent Market Taiwan's talent market has officially shifted from an employer-driven to a candidate-driven market, with critical skills increasingly replacing tenure and job titles as the core measure of talent value. AI adoption and global supply chain restructuring are accelerating salary polarisation. Professionals in semiconductors and high-tech industries are seeing salary increases of 15-20% when changing jobs, while those with AI, HPC and cross-border supply chain expertise can command increases of up to 30%. Career priorities are evolving beyond compensation. 54% of professionals cite learning and development opportunities as a key reason for staying with their current employer. By 2030, Gen Z is expected to account for 30-33% of Taiwan's workforce, making flexibility, work-life balance and transparent workplace culture critical factors in talent attraction and retention. TAIPEI, TAIWAN - Media OutReach Newswire - 29 May 2026 - Taiwan's talent market has gradually shifted from an employer-driven to a candidate-driven market through globalisation, digital transformation and pandemic-driven disruption. Meanwhile, the rapid advancement of technology and AI is not only accelerating demand for critical skills, but also reshaping industry structures and redefining the rules of talent competition. Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy Robert Walters, the world's most trusted talent solutions business, said in its latest 15th anniversary report, Taiwan's Talent Market: The New Rules of Competition, that "critical skills" are increasingly replacing tenure and job titles as the primary indicators of talent value and compensation. Particularly as Taiwan's semiconductor industry strengthens its strategic position within t...
The insurance landscape in 2026 presents a stark choice between a battle-tested industry titan and a digital-first challenger. Deciding between Progressive (NYSE:PGR) and Lemonade (NYSE:LMND) requires balancing established stability against aggressive technological expansion. Progressive operates as a dominant force in the property and casualty market, using decades of data to price risk with prec...
The insurance landscape in 2026 presents a stark choice between a battle-tested industry titan and a digital-first challenger. Deciding between Progressive (NYSE:PGR) and Lemonade (NYSE:LMND) requires balancing established stability against aggressive technological expansion. Progressive operates as a dominant force in the property and casualty market, using decades of data to price risk with precision. Lemonade attempts to disrupt this model by using automated bots to streamline the customer experience and lower administrative costs. Progressive provides a wide range of coverage, including auto, home, and business insurance, to millions of customers across the United States. A notable portion of its Commercial Lines business comes from Uber Technologies subsidiaries, which accounted for approximately 14% of net premiums written in this segment in 2025. Customer concentration like this adds a layer of risk to the business, as a loss of this partnership could impact geographic coverage. Continue reading