Latest Business News, Market Insights & Global Economy Updates
The CEO of SpaceX rival United Launch Alliance, Tory Bruno, has resigned after 12 years on the job “to pursue another opportunity,” according to the company. “We are grateful for Tory’s service to ULA and the country, and we thank him for his leadership,” United Launch Alliance (ULA) chairs Robert Lightfoot and Kay Sears said…
Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, while Prosus has increased its stake, after Indian two-wheeler giant TVS Motor sold its entire holding. On Thursday, TVS Motor said in a stock exchange filing (PDF) that it has sold its entire stake in Rapido for ₹2.88 billion (about $32 million)…
