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- SpaceX Makes History With Successful Rocket Catch in Texas
The Starship spacecraft returned from orbit to the same spot where it lifted off, marking a key milestone in SpaceX’s vision of building fully reusable rockets. [TheTopNews] Read More.1 hour ago - New Orleans port seeks tanker seizure after cruise ship crash sparks $1M lawsuit
The Port of New Orleans is seeking more than $1 million in damages after an asphalt tanker struck a docked river cruise ship on the Mississippi River, with a federal judge authorizing the tanker's seizure.The lawsuit, filed Friday in the U.S. District Court for the Eastern District of Louisiana and obtained by FOX Business, names the Atlantic Asphalt tanker, its owner, Nave Shipping SA, and its management company, Thome Ship Management Pte Ltd.The port alleges the collision caused more than $1 million in physical damage to its Thalia Street Terminal, where the American Heritage cruise ship was docked Friday afternoon. The port is also seeking compensation for cleanup, repairs and potential business interruption and lost revenue.WHO IS L3HARRIS, THE FEDERAL CONTRACTOR SEC. DUFFY SAYS MAY HAVE CAUSED THE FAA OUTAGE?The complaint accuses the tanker and the companies responsible for its operation of negligence, alleging they failed to take adequate precautions to avoid the collision.Chief U.S. District Judge Wendy Vitter granted the port's emergency request Friday, finding that circumstances warranted the vessel's prompt arrest. The court issued a warrant authorizing the tanker's seizure, although it was not immediately clear whether the warrant had been executed.The port is also seeking the tanker's potential sale to satisfy its financial claims. No sale has been ordered.FAA PROPOSES $350K FINE AGAINST CHARTER COMPANY OVER UNAUTHORIZED FLIGHTSThe collision occurred around 12:30 p.m. Friday near the Crescent City Connection bridge in New Orleans. The tanker appeared to lose steering control before striking the American Heritage, causing the cruise ship to capsize and partially sink.Thirty-two people were taken to hospitals, but no fatalities or critical injuries were reported.In a statement Saturday, OSM Thome said the tanker was stable at anchor and that the company was cooperating with authorities investigating the collision.GET FOX BUSINESS ON THE GO BY CLICKING HERERepresentatives for the Port of New Orleans, OSM Thome, American Cruise Lines and the U.S. Coast Guard for comment did not immediately respond to FOX Business' requests for comment. [TheTopNews] Read More.2 hours ago - Beauty advent calendars can cost hundreds – but are they value for money?
Beauty calendars have become a Christmas staple and have become particularly popular with female shoppers. [TheTopNews] Read More.2 hours ago - SpaceX makes history as Starship spacecraft caught by launch tower for first tim...
Elon Musk's SpaceX made history Saturday after its Starship spacecraft returned from orbit and was caught by giant mechanical arms at the company's Texas launch facility for the first time.The milestone came roughly 22 hours after Starship launched Friday from SpaceX's Starbase facility, although the company fell short of its goal of recovering both stages of the rocket after its Super Heavy booster exploded over the Gulf of Mexico.The catch marks a major step toward SpaceX's goal of developing a fully reusable rocket system to reduce launch costs and support more frequent space missions.NASA UNVEILS $10B MOON BASE CONTRACT AS SPACEX, BLUE ORIGIN JOIN LUNAR GOLD RUSHDuring its 15th test flight, Starship deployed 26 Starlink satellites and completed 14 orbits around Earth before returning to the launch site, where the tower's mechanical arms, known as Mechazilla, caught the spacecraft.Walter Isaacson, Musk's biographer, celebrated the achievement on X, recalling a December 2020 meeting when Musk proposed catching Starship with the launch tower's mechanical arms."This is actually a bigger deal for humanity than most people can imagine," he wrote. "I will always remember the looks on the engineers’ faces in the Starbase conference room in December 2020 when @elonmusk suggested, then insisted, that the Mechazilla launchpad arms could catch a returning Starship."SPACEX SECURES $40B IN FINANCING FOR GPUS AS ELON MUSK WARNS OF AI CLOUD INDUSTRY CONSOLIDATIONSpaceX previously caught its Super Heavy booster three times, but Friday's attempt failed after its engines shut down prematurely during descent, prompting a diversion and explosion over the Gulf of Mexico. Engineers are investigating the cause.NASA Administrator Jared Isaacman also praised the successful Starship catch on X."It was almost magic," Isaacman wrote. "Making more believers by the day."GET FOX BUSINESS ON THE GO BY CLICKING HERENASA is relying on Starship technology for its Artemis program, which aims to return astronauts to the moon, while Musk hopes to eventually use the spacecraft for missions to Mars. [TheTopNews] Read More.2 hours ago - Family Dollar to Pay $63 Million Settlement for Overcharging Customers
Since 2023, the discount retailer has been overcharging shoppers “millions of dollars” at checkout, according to a complaint filed by federal regulators and 17 states. [TheTopNews] Read More.3 hours ago - Mamdani thanks Trump for helping small businesses in NYC, nationwide: ‘Pre...
New York City Mayor Zohran Mamdani on Friday announced a deal with President Donald Trump that would give small business owners who accept SNAP benefits an extension of a new rule that requires certain items to be stocked."I have spoken to President Trump and [United States Secretary of Agriculture (USDA) Brooke] Rollins, and as a result of those conversations, the president has agreed to give small business owners at least a 90-day extension to comply with a rule that would have affected tens of thousands of snap-accepting grocery stores and bodegas nationwide," the mayor said at City Hall.Mamdani thanked Trump and Rollins "for their consideration of New Yorkers and the hardship that this would have imposed on millions of Americans. And in doing this, President Trump has delivered relief to small business owners across our city and across America."TRUMP, MAMDANI SET TO MEET AGAIN ON MAYOR’S HOME TURF AFTER MONTHS OF POLITICAL WHIPLASHOn Sept. 4, the USDA issued new rules requiring at least seven different varieties of food in four different categories of dairy, grains, proteins, and fruits and vegetables, he said."For corporate grocery giants, these requirements posed little challenge, but the story was different for our neighborhood corner stores and bodegas," he explained. "Many New Yorkers use their Snap benefits at the bodegas that line our streets and sit at the corners of our intersections, the beating hearts of so many of our neighborhoods."Originally, the USDA said that businesses had to meet those new standards by Nov. 4, or they could no longer accept SNAP.INSIDE NYC'S 'PERFECT SCAM': LUXURY CARS, DUSTY SHELVES AND THE EBT SECRET BEHIND THE COUNTER"In a moment, the lives of more than a million New Yorkers and tens of millions more across America were thrown into chaos," he said. "Working people, already reckoning with a shortage of affordable places to buy whatever it is they needed for their home, soaring costs at the register and food deserts across the five boroughs, now feared that the few local places they could shop would no longer be able to accept their benefits, and a small business owners struggle to meet these new requirements in an impossibly short time frame."Mamdani said that in the Bronx, SNAP can account for as much as 30% of a bodega’s sales.SNAP FOOD STAMP FRAUD HAS NEFARIOUS TERRORISM LINKS, TOP AGRICULTURE WATCHDOG WARNS CONGRESSBusinesses will now have three more months to come into… [TheTopNews] Read More.4 hours ago
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