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Channel: Business News & Current Events | Observer

Despite COVID, the Entertainment Industry Is Abuzz With Activity

The coronavirus pandemic has shuttered mainstream Hollywood while igniting the periphery.

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Big Tech CEOs Try to Save Their Business From Senators’ Anger Over Content...

Lawmakers are looking to change a law that allows social media companies to set their own content rules.

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Tracking Elon Musk’s $56 Billion Tesla Bonus: When’s He Getting That Cash?

The Tesla CEO has gotten nearly $80 billion richer in 2020.

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GM Driver-Assist System Is a ‘Clear Winner’ Over Tesla’s Autopilot: Consumer...

Consumer Reports ranked Tesla Autopilot as a "distant second" after GM's Super Cruise.

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Moderna, Pfizer Say They’re Close to COVID-19 Vaccine, But Huge Problems Remain

It's still unclear when the FDA will greenlight the first vaccine in the U.S.

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Airlines and Supermarkets Try to Save COVID-19 Testing From Its Disaster State

"They should run the headline every day, 'U.S. testing system worst in the world,'" Bill Gates said earlier this week.

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De Beers Pulls a 180, Will Grow 400,000 Lab Diamonds Per Year

De Beers' lab-grown diamonds sell for one-tenth the price of natural stones.

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International Space Station Celebrates 20 Years of Human Residence: 10...

Since 2000, the ISS has hosted 241 astronauts, including 7 tourists.

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Big Tech and CEOs Poured Millions Into The Election. Here’s Who They Supported

After years of cordial but largely distant relations between Washington, DC and the tech industry, controversial business tactics, accusations of bias, and activism during the Black Lives Matter...

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SpaceX Starlink’s Bankrupt Rival, OneWeb, To Resume Satellite Launch

OneWeb has deployed 75 satellites to low Earth orbit.

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NASA Makes a Surprise Statement, Calling Out Private Space Start-up for Big...

It's the first time NASA has publicly opposed such a project.

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Walmart ‘Fired’ In-Store Robots Because Humans Are Better at the Job

Walmart recently scrapped a five-year-old robotic contract.

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Tuesday’s Election Winners: Marijuana, Magic Mushrooms, and Other Drugs

New Jersey, Arizona, South Dakota and Mississippi passed ballot measures to legalize recreational cannabis.

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Coalition Led By SpaceX, Blue Origin Want to Rewrite FCC Rules On Space Use

The industry coalition is missing a few important space companies, though.

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Tesla’s Semi Truck Orders Soar—But Can It Deliver?

Tesla's total Semi truck order represents up to $126 million in potential revenue.

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