Tag Archives: winding

Google co-founder’s flying car startup is winding down

Google co-founder’s flying car startup is winding down

Larry Page Justin Sullivan | Getty Images Google co-founder Larry Page’s flying car startup Kittyhawk is winding down, the company announced Wednesday. “We’re still working on the details of what’s next,” the company wrote in a LinkedIn post. Kittyhawk was founded as Zee.Aero in 2010 when Page recruited Sebastian Thrun, who had worked on self-driving cars and other experimental projects at Google, to create electric vertical takeoff and landing aircraft. The company unveiled a demonstration… Source link

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Federal Reserve to begin winding down corporate bond holdings

Federal Reserve to begin winding down corporate bond holdings

TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. But there are clouds on the horizon. Inflation is rising, and the April jobs report was,… Source link

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