RocketStar, a development-stage company, says it has successfully tested a novel ion-drive rocket engine that gives 50 percent more thrust than conventional fuels, in part by incorporating a form of nuclear fusion.
1020 search results for: SPAC
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DEMAND SHRINKS FOR WAREHOUSE SPACE
Retailers’ need for storage space boomed as e-commerce exploded during the COVID War and continued growing post-COVID as supply chains untangled and back-ordered goods flooded into the economy.
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WAREHOUSES HAVE THE MOST EMPTY SPACE SINCE 2020
Across the U.S., 5.2 percent of warehouse space stood empty in last year’s fourth quarter, up from 4.6 percent in the third and 3.1 percent in 2022’s final three months, real estate services firm Cushman & Wakefield reported.
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STORE SIZES SHRINKING, DEMAND FOR RETAIL SPACE GROWING
The average retail store is now the smallest since at least 2006, according to data service CoStar. At the same time, demand for retail space is its strongest in 18 years, with the national vacancy rate a scant 4.8 percent in this year’s third quarter, according to retail estate services firm CBRE.
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AI BOOSTS DEMAND AND SPENDING FOR CLOUD SPACE
As businesses put AI to work, their demand for cloud computing, and their budgets for it, are on the rise.
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TOP TREND 2023, OFFICE BUILDING BUST: TENANTS SIGNING MORE OFFICE LEASES BUT FOR LESS SPACE
In this year’s second quarter, U.S. businesses signed new leases for about 97.5 million square feet, approaching twice the 57.4 million that marked the low point during the COVID War, data service CoStar reported.
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NATO INFRINGEMENT? POLAND SENDS TROOPS TO THE BORDER AFTER ALLEGATIONS THAT MINSK VIOLATED AIRSPACE
Poland announced last week that it will send more troops to its border with Belarus after claiming that Minsk violated its airspace with military helicopters—a claim that Minsk rejected.
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INSIDERS SOLD BILLIONS IN SPAC STOCKS BEFORE COMPANIES CRASHED
The SPAC bust on Wall Street last year wiped billions of dollars from speculators’ accounts but made billions for SPACs’ executives and early investors, a Wall Street Journal investigation of more than 460 SPAC-related companies found.
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BANKRUPTCIES INCREASING AMONG SPAC-MERGED COMPANIES
Merging with a special-purpose acquisition company (SPAC) was a speedy route to the stock market for hundreds of eager start-ups in 2021 and 2022.
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POST-SPAC MERGED COMPANIES WRITE OFF $11.57 BILLION
Businesses that went public by merging with special-purpose acquisition companies (SPACs) in the past three years wrote off $11.57 billion in so-called “goodwill impairment charges” in 2022, The Wall Street Journal reported.