Monday, July 30, 2018

Fox Business:The signs investors see stocks as at the top of a cycle


Fox Business:How Facebook can rebound after its $120 billion loss in value


Wednesday, July 25, 2018

Countdown to T-Zero: Flying Faster, Hotter and Closer Than Ever to the Sun


Bulletin:Parker Solar Probe Launch Postponed

The launch of NASA's Parker Solar Probe,a spacecraft which will make history as the first to penetrate the Sun's atmosphere,has been delayed until 11 August 2018 at 3:48 AM EDT.During final inspection,a small strip of foam was discovered beneath the payload fairing,resulting in a pause for further study.The satellite was originally to lift off on 6 August 2018.
The payload fairing is a cone consisting of two conjoined panels that protect a spacecraft from the rigors of launch.It is jettisoned once the Earth's atmosphere has been cleared.
The PSP will be launched on a United Launch Alliance Delta IV Heavy rocket from Cape Canaveral Air Force Station,Florida.

Monday, July 16, 2018

Report:DOJ Approves of CVS-Aetna Merger

According to trade publication Reorg Research,the relevant US Department of Justice staff will not oppose the merger of drugstore chain/pharma benefits manager CVS Health with health insurer Aetna,sending a sigh of relief through the sector and an uptick in share prices.The 69 billion dollar transaction is a move seen at least partly as a reaction to the entry of electronic commerce giant Amazon into the health care field.Another possible reaction was by health insurer Cigna as it seeks to merge with pharma benefits manager Express Scripts.
In January 2018,Amazon,Berkshire Hathaway and JP Morgan Chase,which collectively employ more than 500,000 people,announced they are forming a joint enterprise to provide care for staff at a reasonable cost by enabling simplified,high quality and transparent health care through technology.JP Morgan Chase CEO Jamie Dimon explained:
The three of our companies have extraordinary resources,and our goal is to create solutions that benefit our US employees,their families,and,potentially,all Americans.*
Reorg Research provides automated docket updates;breaking news;and analysis for distressed debt investors;lawyers;and restructuring professionals.The New York-based company seeks to provide independent,insightful and timely market intelligence and analysis for better business and investment decisions.*
The DOJ staffers will submit their recommendation to their superiors for final approval at the end of July.*
Aetna Inc (AET),Cigna Inc (CI),CVS Health (CVS),Express Scripts (ESXR)

Jet Propulsion Laboratory Nestled in Hillside

Jet Propulsion Laboratory Nestled in Hillside: Photo of NASA's Jet Propulsion Laboratory nestled in the Pasadena, Calif. hillside, taken in January, 2016.