Helen Mirren, Emma Thompson and extra stars who performed Queen Elizabeth

Heavy is the head that wears the crown – especially when it comes to portraying Queen Elizabeth the secondone of the longest-serving monarchs in history.

Over the years, viewers have had more than a few nuanced glimpses into the riveting life of the Queen, who – before she died on September 8 at the age of 96 – was considered Britain’s longest-reigning monarch and longest-serving female Head of History wrote the state’s history at 70 years on the throne.

Most recently for the hit Netflix series, The Crown, actress Claire Foy took on the role of the Queen in both the first and second seasons Olivia Colman portrays her in both the third and fourth. When the series returns for season five later this year, the Emmy-nominated star will Imelda Staunton will sit on the throne as British ruler.

Other stars who have donned Her Majesty’s royal regalia include, among others Helen Mirren, Emma Thompson, SarahGadon and more.

The 5 greatest cities on the earth for touring child boomers

Holidu, a Germany-based travel search engine, has published its 2022 Generation Travel Index. The brand analyzed cities around the world based on factors that matter to the Baby Boomers: people born between 1946 and 1964.

Research has shown that baby boomers spend more money on food when traveling than any other generation and value exploring the great outdoors more than anything else.

Holidu’s Index measures key factors for baby boomers, including various Michelin Guide landscapes, green spaces and restaurants.

#1 Best Cities for Baby Boomers: Singapore, Singapore

Singapore’s capital has been ranked as the best city for baby boomers thanks to its abundance of green spaces.

According to Holidu, 46.5% of the city’s land was covered with green space in 2020, making it one of the greenest cities in the world.

There are also 249 Michelin restaurants in Singapore, of which 52 have at least one star and three at least three stars.

Top 5 Cities for Baby Boomer Travelers

  1. Singapore, Singapore
  2. Kyoto, Japan
  3. Berne, Switzerland
  4. Stockholm, Sweden
  5. Tokyo, Japan

In second place was another Asian city, Kyoto, Japan. Kyoto has the highest ranking of green space and a UNESCO World Heritage Site. It is also home to 207 Michelin Guide restaurants.

The Swiss capital Bern landed in third place.

Baby boomers love to be outdoors and Bern’s old town, with 100 water features to explore on foot, makes it the perfect spot for the generation.

Bern also scores best for its green spaces and parks.

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Do not miss:

These are the 10 best cities in the world for multigenerational family travel – and 2 of them are in the US

Three of the top 10 happiest travel destinations in the world are in the US – here’s what made the list

Correction: This story has been updated to indicate that no US cities made the Holidu top 5. An earlier version of the story misrepresented the number of US cities among the five.

The Eight greatest choices to finance small companies

For many small businesses, accessing finance can be a matter of life and death.

The stakes are particularly high when you consider that 18.4% of US companies fail within the first year, 49.7% after five years and 65.5% after 10 years, according to a LendingTree analysis of US data Bureau of Labor Statistics. One of the main reasons companies go under is lack of funding. It is therefore particularly important to know who to turn to when you need a lifeline.

While the options may depend on factors such as size, industry, quantity needed, time frame, and purpose, here are eight options to consider:

1. Family and Friends

This can be a great place to go as it generally doesn’t come with many financial background requirements or other requirements. “Uncle Charlie will be more willing to believe in you without asking for extensive financial documentation,” said Joshua Oberndorf, a manager in EisnerAmper’s Private Business Services Group.

Advantages: Easy access to needed funds without high interest rates.

Disadvantages: Failure to repay monies on time or abandon the waiver entirely could affect family relationships. “Money is both accounting and psychological,” Oberndorf said.

What else you should know: According to the IRS, family members should charge a minimum interest rate to avoid adverse gift tax consequences. The IRS publishes these Applicable Federal Rates (AFRs) monthly.

2. Banks

Advantages: Trusted and established funding source. Can be less expensive than other options and offers the opportunity to grow the credit and banking relationship over time.

Disadvantages: Banks can have stringent lending requirements, including good personal credit and sufficient cash flow and income, which may be unattainable for some borrowers, and the process can be slow, sometimes taking several weeks to secure a loan.

What else you should know: According to LendingTree, interest rates can range from about 3% to about 7%. Consider a smaller bank, which may be more willing to lend and walk you through some of your options, said Matt Barbieri, a chartered accountant at Wiss & Co. who offers business advisory services.

3. Online Lenders or Funders

Advantages: Provides quick access to capital, generally through a simple online process.

Disadvantages: It can be difficult to see the true cost of capital, especially with a merchant cash advance, which is an upfront payment that a business must pay back at a percentage of debit and credit card sales plus a fee. Some online lenders and funders may not have a long-standing track record and the option may be more expensive than others. For example, an online loan has an APR of between 7% and 99%, while the approximate APR of a cash advance at merchants ranges from 40% to 350%, according to NerdWallet.

What else you should know: Do your due diligence on any online lenders or funders you plan to use, said Craig Palubiak, president of Optim Consulting Group. Make sure the company has a good reputation and multiple good reviews, and be sure to compare multiple options. It is also important to break down the total cost of capital, taking into account the interest rate, any fees and any prepayment penalties.

Use an online calculator to understand the true cost of a dealer cash advance.

4. SBA Loan

Advantages: Federal support provides access to cheap bank financing for small and large loans. There are different types of loans and lenders and programs have unique eligibility requirements. Resource centers are available to help business owners, including those in underserved communities.

Disadvantages: The approval process can be slow. The period depends on the loan, but can usually take a few months. A deposit or security deposit may be required. Applicants with poor credit may not be admitted.

What else you should know: There are different types of SBA loans and maximum amounts vary. The most common SBA loan type is called a 7(a), and you can expect to pay anywhere from 7% to 9.5%. “Be prepared to work on a refinancing as soon as the agreement allows,” Barbieri said. This will allow you to remove personal guarantees and restrictive agreements that can stifle growth, he said. An SBA loan may offer a longer repayment periodβ€”up to 10 years for equipment and working capital under the 7(a) program; 25 years for real estate – and can offer competitive interest rates compared to traditional bank loans.

5. Credit Cards

Advantages: Fast access to capital with the possibility of bonuses. It could be a good option for short-term financing needs if you are confident that you can pay off the debt before interest accrues. Business cards typically have higher credit limits than personal cards.

Disadvantages: Interest rates can be high. Cards that are ranked well by Creditcards.com offer APRs ranging from almost 10% to almost 35%, and some cards charge an annual fee. Generally not a good option for large financing needs.

What else you should know: β€œDon’t rely on it as the sole source of growth funding; if you’re taking too much risk on the other categories, you should seriously consider doing so before engaging in consumer lending as a business,” Barbieri said.

6. Equity

Sources of financing can be private grants, private equity and private individuals with investment capital.

Advantages: Positive cash flow as well as expertise to drive the business forward.

Disadvantages: Dilution of capital, difficult to find the right match.

What else you should know: Palubiak encourages owners to use their network and partner with start-up communities and local organizations to create investor connections.

“Date as long as possible before choosing your partner,” Barbieri said. “Make sure their goals match your goals or it will end badly.”

7. Grants from the federal government, the states and economic development

Advantages: Typically non-dilutive, can be small or large.

Disadvantages: There may be administrative issues and restrictive admissions requirements.

What else you should know: This could be a good option if you’re a company that can be considered “important” to your area’s infrastructure, Barbieri said. Begin your research by searching the US Economic Development Administration website for resources to find EDA regional offices, state government contacts, and other information.

8. Crowdfunding

Advantages: Gives you access to capital without racking up debt and the ability to raise money and increase your brand awareness among potential investors and customers while testing an idea.

Disadvantages: May have a low success rate. Could be fees associated with certain platforms. Also, launching a successful campaign requires marketing resources and time.

What else you should know: There are a growing number of equity crowdfunding websites available. Before choosing a provider, make sure you understand how the platform works, what fees apply, who can invest, and how it might meet your specific funding needs.

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Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.

Al Franken says SCOTUS is illegitimate as a result of Republicans stole two seats

Al Franken responded to John Roberts, who complained that SCOTUS’ legitimacy was being questioned, by reminding everyone that Republicans had stolen two seats.

Video:

CNN’s Jim Acosta asked Franken: “Trust in the Supreme Court is at an all-time low. The Chief Justice can say what he likes, seems reluctant to accept this criticism. But it appears, based on Vice President Kamala Harris’ testimony, that there is wind at the Democrats’ backs because of this decision, which was overturned. Her thoughts?

Franken replied: “I disagree with what the Chief Justice said, the court’s legitimacy was undermined when they didn’t run for Merrick Garland and McConnell said it was because it was an election year and Lindsey Graham promised that it was a vacancy was revealed during an election year 20 that he would not vote for – they would not accept a candidate. They stole two seats. The one Merrick Garland wasn’t heard for. And Coney Barrett’s, where she sat a week before the election. That destroyed the legitimacy of the court.”

The court is illegitimate since Mitch McConnell blocked Merrick Garland’s nomination. Everything that happened after McConnell’s actions sprang from the original act of not having Garland’s nomination taken up by the Senate.

If the Supreme Court isn’t a motivating issue for Republicans, maybe Hillary Clinton wins Michigan, Wisconsin and Pennsylvania and there are no Trump nominees for the Supreme Court?

The Supreme Court lost its legitimacy before Trump took office. The person who destroyed the institution’s credibility was Mitch McConnell.

Mr. Easley is the managing editor. He is also a White House press pool and congressional correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His thesis focused on public policy with a specialization in social reform movements.

Awards and professional memberships

Member of the Society of Professional Journalists and the American Political Science Association

Social Media Reacts To 1 12 months Anniversary Of Chloe Bailey’s Debut Solo Single ‘Have Mercy’

Lawd, have mercy! Fans on social media consider September 10th a new holiday. A year ago today, Chloe Bailey shook the internet when she released her long-awaited solo single, Have Mercy.

As a result of internet hype, the song debuted at number 28 on the Billboard Hot 100 and number 13 on Billboard’s Hot R&B/Hip-Hop Songs chart. The video was released on YouTube the same day and received 4.7 million views in the first 24 hours. A year later, the video has 78 million views.

One year ago today @ChloeBailey released her debut solo single “Have Mercy”πŸ‘‘pic.twitter.com/OwigGaHUhN

β€” kΜΈπ–†π–†π–†π–†π–“π–†π–“π–†βœ¨ (@juskristinaa) September 10, 2022

If Chloe doesn’t bring anything on Have Mercy Day, I’ll be asoooooo mad as Remix @ChloeBailey

β€” 𝐾.π†π’πšπ―πšπ§π§π’βœ΅ (@UNGODLYKANDY) September 10, 2022

But let’s rewind…

The TikTok is heard all over the world

On July 1, 2021, Chloe Bailey dropped a TikTok on her birthday that sent the internet into an uproar. It was a snippet of the song “Have Mercy” with the caption that read: “This is 23… HAVE MERCY COMING SOON πŸ‘πŸ™ŒπŸ½” This is her most watched TikTok currently at 20.8 million.

Fans took their excitement to Twitter while awaiting and anticipating the new single’s release date.

@ChloeBailey Drop “Have Mercy” before I throw chicken nuggets at you?!??! πŸ‘€πŸ™„

I’m just playing… I love you… But leave it anyway. πŸ‘€

β€” Shannon T. Β© (@_TheeShannonT) September 1, 2021

Halle shows her sister some love

One thing about Chloe and Halle is that they will ride and support each other just like sisters!

check out the video for #havemercy !!!! pic.twitter.com/zuZFFDkZKr

β€” Halle (@HalleBailey) September 10, 2021

The ‘Have Mercy’ performances were ATE every time

Chloe took the stage at the MTV Video Music Awards to perform her new single just two days after it was released. She went on to perform the song on The Tonight Show Starring Jimmy Fallon in October and at the American Music Awards in November.

Although the single didn’t receive any awards, “Have Mercy” was nominated for Outstanding Music Video/Visual Album and Outstanding Soul/R&B Song at the 2022 NAACP Image Awards. As well as Video of the Year at the 2022 BET Awards and Best R&B Song at the 2022 MTV Video Music Awards.

And in case you were thinking… It’s not done yet

Since the release of “Have Mercy”, ChlΓΆe has brought us countless bops like “Treat Me” and “Surprise”. Fans are practically begging for an album after Chloe takes to IG with 4 different singles for listeners to make their choice.

Finally, despite some negative comments she receives, Chloe continues to rise above the hate and sheds a light on the pressure that social media is putting on her generation. In an interview on Hot 97, she tells social media

“influences us as a generation because we’re constantly comparing the best version of someone else online to the worst version of ourselves,” she continues alone at the end of the day”

What a year it has been for Chloe! #TeaMates, are you all here for this new holiday?

LA well being officers are investigating the dying of an individual who had monkeypox

A health care worker administers a dose of the JYNNEOS monkeypox vaccine at a pop-up vaccination clinic in Los Angeles, California, on August 9, 2022.

Patrick T Fallon | AFP | Getty Images

Los Angeles health officials are investigating the death of a person who had monkeypox.

dr Rita Singhal, Los Angeles County director of disease control, said it was not clear what role monkeypox may have played in the person’s death. Officials have no further details at this time, Singhal said.

“This is one of two deaths in the United States currently being investigated to determine if monkeypox was a contributory cause of death,” Singhal told reporters during a Thursday news conference.

Texas health officials last month reported the death of an adult in the Houston area who was diagnosed with monkeypox. According to health officials, the person had a severely compromised immune system.

Monkeypox is rarely fatal, but people with weak immune systems are at higher risk of serious illness. The virus causes a painful rash that resembles blisters or pimples.

The Centers for Disease Control and Prevention found in a report released Thursday that 38% of the 2,000 patients diagnosed with monkeypox between May and July were HIV positive. According to the study, people with monkeypox and HIV were hospitalized more often than people without HIV.

CNBC Health & Science

Read CNBC’s latest global health coverage:

The US is trying to contain the world’s largest monkeypox outbreak, with more than 21,000 cases in all 50 states, Washington DC and Puerto Rico, according to the CDC.

Nine deaths from monkeypox have been confirmed worldwide since the outbreak began, according to CDC data. Deaths have occurred in Belgium, Brazil, Cuba, Central African Republic, Ecuador, Ghana, India, Nigeria and Spain.

More than 56,000 cases of monkeypox have been reported in 96 countries since the outbreak began, according to CDC data.

Monkeypox is mainly spread during sex among gay and bisexual men, although anyone can get monkeypox through close contact with someone who is infected or through contaminated materials such as towels and bed sheets.

Federal health officials said this week the outbreak appears to be slowing as vaccines, tests and treatments have become more widely available. Demetre Daskalakis, deputy chief of the White House monkeypox response team, said it took 25 days for cases to double in August, compared with eight days in July.

The US has administered more than 460,000 doses of monkeypox vaccine to date. About 1.6 million gay and bisexual men who have HIV or are taking medication to reduce their risk of HIV infection are at highest risk from monkeypox, according to the CDC.

The monkeypox vaccine Jynneos is given in two doses 28 days apart. CDC officials say getting the second shot is crucial for people at risk. After the second dose, it takes two weeks for the immune system to reach its maximum response.

What Scholar Mortgage Forgiveness Means for Debtors Who Did not Graduate

Like many borrowers, Halid Hamade, 28, is poised to benefit β€” at least somewhat β€” from student loan forgiveness.

After President Joe Biden announced he would forgive $10,000 of federal education debt and up to $20,000 for Pell Grant recipients reaching the income limit, Hamade said he was happy.

Still, “it’s not enough,” he said.

Hamade currently owes about $100,000 in federal and personal loans from college. He’s also one of the nearly 40 million college students who don’t have a degree to back that debt.

The business major was on track to graduate in 2016, but ran out of funds in his senior year, he said. Hamade said he was denied additional loans, making it almost impossible to remain enrolled at Penn State University. “At that point, it was out of my hands.”

Instead, Hamade dropped out of school and completed Merit America’s professional IT support certification program, which lasted less than four months. He now works as an integration engineer in Washington, DC

Halide Hamade

Source: Merit America

Non-completers face higher financial burdens

For students entering college and not graduating, managing educational loans without the benefit of a degree β€” and the increased earning potential that comes with it β€” is particularly difficult.

The default rate among borrowers who leave with student debt but no degree is three times higher than the rate among borrowers who have a degree.

More from Personal Finance:
Inflation makes college even more expensive
Are You Earning Too Much For Student Loan Forgiveness?
Student loan forgiveness requests could be made in weeks

According to a report by the National Student Clearinghouse Research Center, around 39 million Americans have attended college at some point but have not earned a degree.

Although college graduation rates are rising, only about 63% of students enrolled in four-year institutions complete their degrees within six years, the National Center for Education Statistics also found.

According to a separate report by education lender Sallie Mae, most students who drop out of college said it was because of a loss of motivation or a life change. Others cite financial concerns followed by mental health issues.

“The non-graduates are often first-generation college students from underserved communities,” said Rick Castellano, spokesman for Sallie Mae.

Those who graduate from college are more likely to grow up in higher-income households and have at least one parent who earned a college degree, the report found.

Graduates are also better prepared when it comes to college pay: 42% said they had a plan before they enrolled on how to pay for each college year, while only 26% of non-graduates could say the same . (Other studies show that students are more likely to enroll in college when they are aware of the financial resources they have available to fund it.)

“Having a plan to pay for college or have those conversations sooner goes a long way,” Castellano said.

Forgiveness Doesn’t Mean “Tackling the Bigger Problem”

After Biden’s historic student-loan forgiveness announcement, colleges still face a larger affordability crisis, experts say.

“That’s what I’m concerned about,” said Hafeez Lakhani, the founder and president of education-focused Lakhani Coaching in New York. “When I heard about the lending, I thought it was misguided.”

“They don’t address the larger problem we have ahead of us, which is the drop in enrollment,” he said. “The enrollment decline is absolutely related to affordability.”

Average tuition and fees increased again in the 2021-2022 academic year, reaching $10,740 for domestic students in four-year public schools, according to the College Board, which tracks trends in college pricing and student aid. Average tuition and fees at four-year private institutions reached $38,070.

This year, some colleges are raising tuition by as much as 5%, citing inflation and other rising costs.

Most students have to borrow something to cover at least part of the bill. More than 40 million Americans now owe a combined $1.7 trillion in student debt, a balance that has tripled since the Great Recession.

Faced with rising tuition fees, growing student loan strains and increased labor demand, students like Hamade are increasingly choosing alternative career paths instead of four-year colleges, studies show.

However, studies show that college graduates will earn nearly $1 million more over the course of their careers, and many continue to believe that getting a degree is worth it in the end.

If he could do it again, Hamade said he would try to get his diploma but do it less expensively.

“If I were 18 now, I would go to community college and get a bachelor’s degree the cheapest way possible,” Hamade said.

“I still see that as a way for people to move forward,” he added.

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Charles is formally proclaimed king in a proper ceremony

The UK has a new monarch.

After the death of Queen Elizabeth the secondher eldest son, Karlwas officially proclaimed King by the Accession Council in a ceremony at St James’ Palace in London on 10 September.

During the ceremony, King Charles made a statement and swore under oath in the presence of secret advisers, including Queen Consort, Camillaand his eldest son Wilhelmwho is now the Prince of Wales.

“My mother’s reign was unmatched in its duration, commitment and dedication,” Charles said, per NBC News. β€œEven though we mourn, we give thanks for this extremely faithful life. I am deeply aware of this great legacy and the duties and heavy responsibilities of sovereignty that have now passed to me.”

Traditionally, an accession council is held within 24 hours of a monarch’s death. King Charles III however, received his new title immediately after the Queen’s death on 8 September.

On that day, the royal family announced in a statement on Twitter that the monarch had “died peacefully” at her Balmoral estate in Scotland.

Following Her Majesty’s death, the king declared a royal period of mourning to last until seven days after his mother’s funeral, for which no date has yet been set.

Combined efficiency with advances and lags

The company’s electron rocket carrying the CAPSTONE mission takes off from New Zealand on June 28, 2022.

rocket lab

The second quarter was a mixed bag for space companies, with some companies making steady progress while others suffered setbacks.

Most space stocks, many of which went public through SPAC deals last year, are struggling despite the industry’s growth, having lost 50% or more since their market debut. The changing market environment and rising interest rates have hit technology and growth stocks hard and weighed on space stocks.

CNBC breaks down the latest quarterly reports for Aerojet Rocketdyne, AST SpaceMobile, Astra, BlackSky, Iridium, Maxar, Momentus, Mynaric, Redwire, Rocket Lab, Satellogic, Spire Global, Telesat, Terran Orbital, ViaSat, Virgin Galactic and Virgin Orbit.

Satellite imagery company Planet has yet to report its latest quarterly results as the company follows a fiscal calendar that started on Feb. 1.

Aerojet Rocketdyne

Year-to-date share performance: -3%

Aerojet Rocketdyne continues to derive a large portion of its revenue from the space sector. The propulsion specialist derives much of its $528.5 million revenue in the second quarter from defense-related contracts. President and CEO Eileen Drake specifically confirmed that Aerojet’s backlog added a United Launch Alliance contract for 116 of the RL10 engines needed to power the Vulcan series of rockets, many of which have been ordered by Amazon.

AST SpaceMobile

Year-to-date share performance: +36%

The satellite-to-smartphone broadband company reported revenue of $7.3 million and total cost of ownership of $35.4 million, both metrics slightly higher than the same period last year. The company has $202.4 million in cash as AST continues to work towards launching its Blue Walker 3 test satellite in September. So far, $86.6 million has been spent on the demonstration.

astra

Year-to-date stock performance: -88%

Small rocket and spacecraft maker Astra reported another severe quarterly loss, suffering a $48.4 million slump in Adjusted EBITDA. The company posted sales of just $2.7 million and announced the surprise cancellation of its Rocket 3.3 series and a launch pause until at least 2023 as it focuses on development of the larger variant, Rocket 4.0. Astra has $200.7 million in cash.

Black sky

Year-to-date stock performance: -52%

Seattle-based satellite imagery specialist BlackSky reported revenue of $15.1 million for the quarter, nearly double a year ago, and an adjusted EBITDA loss of $8.8 million. The company raked in a big win in the form of an NGO deal for its images, worth up to $1.02 billion over a decade.

iridium

Year-to-date share performance: +9%

The satellite communications provider had revenue of $174.9 million, operating EBITDA of $105.9 million, and nearly 1.9 million total subscribers — up 17%, 12%, and 16%, respectively compared to the same period last year. Matt Desch, CEO of Iridium, emphasized on the earnings call that the “business has performed well,” with the company “well positioned to grow…even if recent concerns about an economic downturn prove true.” The company also received a significant award from the Pentagon’s Space Development Agency during the quarter, which Desch expects will generate $133 million in additional revenue over seven years.

Max

moments

Year-to-date stock performance: -58%

The spacecraft maker generated just $50,000 in revenue due to a canceled customer contract and reported an Adjusted EBITDA loss of $18.3 million. While Momentus has approximately $109 million in cash, the company plans to reduce its quarterly cash burn by cutting some expenses and delaying long-term R&D projects as it focuses on solving issues raised during its recent mission were found with his spaceship.

Mynaric

Year-to-date stock performance: -41%

The laser communications maker has yet to start releasing quarterly results after going public in November. In the second quarter, Mynaric announced an agreement with defense company L3Harris, which will take a 7.2% stake in the company and invest about $11 million.

rewire

Year-to-date stock performance: -54%

The space infrastructure conglomerate posted revenue of $36.7 million for the quarter, up 14% year over year, with an Adjusted EBITDA loss of $4.1 million. Notably, Redwire “expects to deliver positive Adjusted EBITDA in the second half of 2022,” even as it continues to invest in infrastructure expansions like a newly opened robotic arm manufacturing facility in Luxembourg.

rocket lab

Year-to-date stock performance: -54%

The multinational small rocket and spacecraft maker reported revenue of $55.5 million, up 36% sequentially, primarily from its space systems division. It also increased its total backlog to $531.4 million. The company reported an Adjusted EBITDA loss of $8.5 million but has more than half a billion in cash. Rocket Lab CEO Peter Beck said on the company’s earnings call that Rocket Lab continues to “see strong demand for Electron launches.”

Satellogic

Year-to-date stock performance: -53%

The satellite imaging company has yet to start releasing quarterly results since it went public in January. During the second quarter, Satellogic put four more satellites into orbit via a SpaceX launch, increasing its fleet to 26 so far. The company aims to have 34 in orbit by early 2023.

Spire Global

Year-to-date stock performance: -55%

Small satellite maker and data specialist Spire posted second-quarter revenue of $19.4 million and reported an adjusted EBITDA loss of $7.3 million. For full year 2022, the company expects to exceed $100 million in annual recurring revenue from subscribers.

telesat

Year-to-date stock performance: -61%

The Canada-based satellite communications operator reported revenue of approximately $143 million (converted from Canadian dollars at current rates), down slightly from a year ago, with an order backlog of approximately $1.5 billion. Telesat posted adjusted EBITDA earnings of approximately $112 million. The company noted that in anticipation of final manufacturing and financing agreements, capital expenditures “could increase significantly” to fund the development of its Lightspeed network.

Terran Orbital

Year-to-date stock performance: -59%

The spacecraft maker posted revenue of $21.4 million for the quarter and reported an Adjusted EBITDA loss of $14.8 million while growing its backlog to $224.1 million. Terran Orbital began supplying satellite buses, the main part of a spacecraft, to Lockheed Martin under a Pentagon contract and supported the launch of NASA’s CAPSTONE spacecraft, which it helped build.

Viasat

Year-to-date share performance: -16%

The satellite broadband provider, whose fiscal year begins in April, reported quarterly revenue of $678 million and adjusted EBITDA earnings of $132 million — the former up 2% year over year and the latter down 17%. Viasat noted that it continues to see pressures on its finances from supply chain bottlenecks and inflation. The company plans to launch its ViaSat-3 satellite later this year.

Virgo Galactic

Year-to-date stock performance: -55%

The space tourism company reported an adjusted EBITDA loss of $93 million on negligible revenue. Virgin Galactic announced a further delay in the launch of the commercial service, pushing it back to the second quarter of 2023 as the company continues to refurbish the carrier aircraft beginning its spaceflights. Virgin Galactic reported $1.1 billion in cash and announced plans to sell up to $300 million of common stock.

Virgo Orbit

Year-to-date stock performance: -50%

The alternative rocket launcher did not report revenue but completed a launch the day after the end of the second quarter and will post $12 million of that in the next period. Virgin Orbit posted an Adjusted EBITDA loss of $34.4 million and $122.1 million in cash on hand. The company expects to complete two more launches this year, bringing the total to four in 2022.

Trump lawsuit in opposition to Hillary Clinton, DNC dismissed over Russia claims

Former US Secretary of State Hillary Rodham Clinton speaks at the opening of the Vital Voices Women’s Embassy, ​​just days after a leak revealed the possibility that the US Supreme Court could hear the landmark abortion-rights decision in May in Washington, US v. Wade might pick it up on 5, 2022.

Evelyn Hockstein Reuters

A federal judge dismissed former President Donald Trump’s sweeping lawsuit alleging that Hillary Clinton, the Democratic National Committee and many others conspired to spread a false narrative about collusion between Trump’s campaign and Russia during the 2016 presidential election.

In a sharp ruling Thursday, Judge Donald Middlebrooks said Trump’s lawsuit was merely “intended to display a two-hundred-page political manifesto setting out his grievances against those who opposed him.”

The former president’s claims “not only are not supported by any legal authority, but are clearly barred by binding precedent,” Middlebrooks wrote in the US District Court in South Florida.

Trump filed the lawsuit in March, seeking tens of millions in damages for violations of the RICO Act, a federal law aimed, among other things, at fighting organized crime. It came more than five years after Trump defeated Clinton in a vicious and scandal-ridden presidential campaign that focused on Trump’s relationship with Russia.

The lawsuit alleges the defendants worked to provide false or misleading evidence of damaging ties between Trump’s campaign and Russia. It names dozens of people and organizations as accused, including Clinton, the DNC, ex-Clinton adviser John Podesta, law firm Perkins Coie, research firm Fusion GPS, ex-Clinton campaign manager Robby Mook, and others.

Trump claimed he suffered at least $24 million in damages as a result of the defendants’ actions. His lawsuit was aimed at recovering three times the amount of the damage.

“Many of the characterizations of events in the amended complaint are implausible because they contain no specific allegations that could factually support the conclusions reached,” Middlebrooks wrote in Thursday’s order.

“What the amended complaint lacks in substance and legal support it seeks to make up for with length, hyperbole, and settlement of bills and complaints,” he wrote.

The judge agreed with the defendants’ characterization of Trump’s lawsuit as “a series of unrelated political disputes which the plaintiff has turned into a broad conspiracy among the many individuals whom the plaintiff believes have offended him.”

Trump’s legal team “will promptly appeal this decision,” his attorney Alina Habba said in a statement Friday morning. Middlebrooks’ order was “riddled with misapplication of the law” and ignored “numerous government investigations supporting Trump’s conspiracy claims,” ​​Habbas’ statement added.

Former Special Counsel Robert Mueller’s investigation into interference in the 2016 Russian election concluded that the Kremlin interfered in the contest but found insufficient evidence to prove collusion with Trump’s campaign.

Trump has repeatedly called the Mueller investigation a witch hunt, one of many he claims have been launched against him since his foray into politics.