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NASA May Delay Boeing Starliner Return, Opts for SpaceX

NASA is weighing the possibility of using SpaceX‘s Crew Dragon spacecraft to return astronauts Butch Wilmore and Suni Williams from the International Space Station (ISS) in February 2025, as concerns mount over the safety of Boeing‘s (NYSE: BA) Starliner capsule.

The two astronauts, who became the first crew to fly Boeing’s Starliner in June, have been aboard the ISS for 63 days, far exceeding their initially planned 8-day mission.

You can read more on the matter here.

What’s going on?

• NASA May Delay Boeing Starliner Astronauts’ Return to 2025 and Use SpaceX’s Crew Dragon Instead (theDeepDive)

• Trump, Harris deploy running mates to wage class warfare over ‘what Middle America is’ (CNBC)

• Taylor Swift Concerts Canceled in Vienna Amid Terror Threat (theDeepDive)

• OpenAI is a bigger threat to Google than US regulators (Reuters)

• US Household Debt Rises to $17.80 Trillion in Q2 2024 (theDeepDive)

• 3,000 evacuated, state of emergency declared after Ukraine’s raid into Russia (CNBC)

• BoE Gives Cautious Thumbs Up to Major UK Banks’ Crisis Readiness (theDeepDive)

• US weekly jobless claims drop calms market fears (Reuters)

• California Federal Court Rules TikTok Pixel Violates Privacy Law (theDeepDive)

• Former border agency official pressed to give false testimony, MPs told (Globe)

• Another Forbes 30 Under 30 Alumnus Faces Legal Trouble (theDeepDive)

• British croc expert jailed for sexual abuse of dogs (BBC)

• Zambia’s New Minerals Bill Could Devastate Copper Production, Say Industry Leaders (theDeepDive)

What’s the latest?

• Crypto: Cryptocurrencies rose Thursday after Ripple was ordered to pay a $125 million penalty, which it called a victory over the SEC. Bitcoin gained 4.5% to over $57,600, and Ether nearly 5%. XRP surged 25% following the ruling.

• Claims Drop: Initial jobless claims dropped to 233,000 last week, below the expected 240,000, boosting stock market futures. However, continuing claims rose to 1.875 million, the highest since late 2021. The four-week average of claims hit its highest in nearly a year.

• Taylor Swift: Three Taylor Swift concerts in Vienna were canceled due to a confirmed ISIS-connected terrorist plot targeting Ernst Happel Stadium, where she was scheduled to perform. Two suspects, including a 19-year-old radicalized through the internet, were arrested after a raid revealed chemicals and substances. This follows a similar threat affecting Morgan Wallen’s concert in Kansas City.

• Presidential Race: Both major candidates' running mates are emphasizing their working-class backgrounds to appeal to average voters. Democratic VP nominee Tim Walz and Republican VP nominee JD Vance are contrasting their modest origins with their opponents' perceived elitism. Walz, from a rural background, has criticized Vance for his connections to elite institutions, while Vance has defended his rise from a poor family.

• Import Ban: The U.S. has banned imports from five more Chinese companies linked to human rights abuses against Uyghurs. These include Rare Earth Magnesium Technology Group, Century Sunshine Group, and Zijin Mining's Xinjiang Habahe Ashele Copper Co. The Uyghur Forced Labor Prevention Act Entity List now covers over 70 entities tied to forced labor in Xinjiang.

The collapse of Yukon Mining

The stock market and stuff

• Ripple’s $125M Fine Highlights Major Blow to SEC’s $2 Billion Demand (theDeepDive)

• Search Interest For Gold Soars 64% in One Week as Recession Fears Mount (theDeepDive)

• Eli Lilly Stock Surges as Mounjaro and Zepbound Drugs Fuel Sales (WSJ)

• Canadian Tire’s Q2 2024 Sees Credit Card Write-Offs Remain High (theDeepDive)

In the juniors

• Yukon Gov’t Maintains Mining Activities Amid First Nation’s Call For Mining Pause (theDeepDive)

• SoundHound announces deal to acquire Amelia AI (SA)

• Premium Nickel Shares Surge On Initial Mineral Resource Estimate for Selebi Mines (theDeepDive)

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