The rocket reached an altitude of 51 miles, meeting the Federal Aviation Administration's definition of space.
- The rocket, dubbed SpaceShipTwo, reached an altitude of 51 miles on Thursday.
- Virgin Galactic hopes to soon transport space tourists into the atmosphere on the rocket.
- The successful test is a landmark for Virgin Galactic, which has seen its fair share of setbacks since it was founded in 2004.
Walgreens now competes with Amazon and CVS in the race to dominate the prescription delivery market.
- The service will cost $4.99 per drop-off.
- Same-day delivery will be available in some markets.
- As the population ages and rates of online shopping continue to rise, companies that can capitalize on the drug delivery market stand to earn billions.
As it turns out, the effects of the minimum wage increase are more nuanced than previously espoused.
- In 2017, a study came out that claimed raising the minimum wage to $15 an hour actually cost jobs.
- The same researchers have published a new report this month, which offers new conclusions. Namely, that experienced workers have seen benefits from the pay increase.
- The new data also suggests, simultaneously, that while there are less new entries into the Seattle workforce, companies have experienced a noticeable reduction in costly turnovers.
At what point does spending billions on rocket technology seem irresponsible to those suffering on Earth?
- The private space enterprise he founded will be testing even more in the near future, with $1 billion investment by Bezos each year
- He wants to be seen as "risk taking" and a "needle mover"
- Watch Blue Horizon's escape module test
Amazon raised its minimum wage for US workers to $15 per hour. Then, it took a bunch of other benefits away in what's being called a "stealth tax."
- Previous to the announced increase in minimum wage to $15/hr., warehouse workers were eligible for production bonuses and stock awards. Those will be terminated when the wage is increased.
- Amazon claims it's a net gain for the workers, but others disagree.
- CEO Jeff Bezos still makes $30,000 a minute.
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