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Business News

Satellite Owner Says SpaceX Owes it $50 Million or a Free Flight

A Spacecom communications satellite was destroyed last week by an explosion at SpaceX's Florida launch site.

Business News

Samsung Issues Recall for Galaxy Note 7 After Battery Fires

Investors sold Samsung shares after the delay announcement on Thursday, stripping about $7 billion from the firm's market value.

Business News

SpaceX Falcon 9 Rocket Explodes During Test Firing in Florida

People in buildings several miles from the facility said they felt the explosion, but local authorities said residents were not at risk.

Business News

EU Ruling on Apple's Irish Tax is 'Total Political Crap'

The battle lines are forming on both sides of the Atlantic.

Business News

Wells Fargo, Amazon End Deal to Offer Discounted Student Loans

Wells Fargo had agreed to shave half a percentage point from its interest rate on student loans to Amazon "Prime Student" subscribers.

Business News

Samsung Mobile Recovery Suffers Blow as Galaxy Notes 'Catch Fire'

Faults with the new premium flagship device could be a major setback for the South Korean giant.