Browsed by
Author: dzadmin

As flight delays loom, SpaceX puts up defense in rocket vs. airplane debate

As flight delays loom, SpaceX puts up defense in rocket vs. airplane debate

The competition for airspace is just beginning as the space age kicks into high gear on the Space Coast.

At the center of it all is SpaceX, which seeks to bring its game-changing Starship to Florida but with a sobering cost, delaying as many as 12,000 commercial flights each year.

The company’s target of as many as 120 Starship launches and landings annually could cause regular conflicts with takeoffs and landings at surrounding airports, according to two recent studies, the FAA’s draft Environmental Impact Statement (EIS) for proposed SpaceX Starship activity from Kennedy Space Center and a similar EIS from the Department of the Air Force for a second Starship launch site at Cape Canaveral Space Force Station.

Elon Musk’s rocket company insists the concerns are overblown.

In a missive posted to its website, SpaceX said the so-called aircraft hazard areas defined in the studies “are extremely conservative by nature and are intended to capture a composite of the full range of worst-case outcomes, but not any single real-world operation.” read more

Universal Orlando will reopen Stardust Racers Saturday, 17 days after man’s death

Universal Orlando will reopen Stardust Racers Saturday, 17 days after man’s death

Universal Orlando Resort will reopen its Stardust Racers rollercoaster on Saturday for the first time since the tragic death of rider Kevin Rodriguez Zavala last month, but guests in wheelchairs must be able to walk independently in order to ride, the Orlando Sentinel has learned.

Zavala, of Kissimmee, who was wheelchair-bound, was helped into the Epic Universe roller coaster on Sept. 17 by Universal employees, according to the family. The Orange County medical examiner ruled his death as accidental and the result of “multiple blunt impact injuries.”

Attorneys representing Zavala’s family have angrily blasted Universal for statements that they say suggest Zavala’s disability played a role in his death. Zavala had spinal cord atrophy since birth.

In a statement, family attorney Ben Crump demanded Universal pause the reopening and allow the law firm’s experts to inspect it. If Universal refuses, the firm would “address Universal’s callous actions in court,” he said.

“Stardust Racers is evidence in an active death investigation,” Crump said. “Reopening the ride before our experts can examine every component is unadulterated spoliation of evidence, a grave risk to public safety, and puts profit over people’s lives.” read more

Health care’s employment growth clouded by immigration crackdown, Medicaid cuts

Health care’s employment growth clouded by immigration crackdown, Medicaid cuts

By Phillip Reese, KFF Health News

The health care sector is a bright spot in the economy this year, driving nearly half of the nation’s employment gains, but economists and experts say immigration crackdowns and looming Medicaid cuts pose a threat to future job growth.

Related Articles

Employers added 487,000 jobs from January to August, according to the latest nonfarm payroll data from the Bureau of Labor Statistics. The health care sector accounted for 48% of that lackluster growth, expanding by about 232,000 jobs, even though the sector employs only about 11% of workers. read more

Lack of jobs data due to government shutdown muddies view of hiring and the US economy

Lack of jobs data due to government shutdown muddies view of hiring and the US economy

By CHRISTOPHER RUGABER, AP Economics Writer

WASHINGTON (AP) — From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern as everyone awaits the Labor Department’s crucial monthly jobs report.

But with the government shut down, no information was released Friday about hiring in September.

The interruption in the data has occurred at a particularly uncertain time, when policymakers at the Federal Reserve and Wall Street investors would need more data on the economy, rather than less. Hiring has ground nearly to a halt, threatening to drag down the broader economy. Yet at the same time, consumers — particularly higher-income earners — are still spending and some businesses are ramping up investments in data centers developing artificial intelligence models. Whether that is enough to revive hiring remains to be seen.

It’s the first time since a government shutdown in 2013 that the jobs report has been delayed. During the 2018-2019 partial government closure, the Labor Department was one of several agencies that remained open because Congress had agreed to fund them. September’s jobs figures will be released eventually, once the shutdown ends. read more

Should you pay off your mortgage early?

Should you pay off your mortgage early?

By Jeff Ostrowski, Bankrate.com

Can you pay off your mortgage early?

The short answer is yes — you can pay off your mortgage early. This is referred to as prepaying a mortgage.

Related Articles

Most mortgages don’t come with a prepayment penalty, so you can make extra payments or pay off the loan in full at any time without incurring a fee.

If you’re not sure whether your loan includes this fee — again, most don’t — refer to page one of your closing disclosure, or look for a section in your mortgage note related to the “right to prepay.” Alternatively, you can ask your mortgage servicer. read more