Last August, U.S. Navy officials carrying out a test of unmanned vessels realized they had hit a single point of failure: Starlink. A global outage across Elon Musk’s satellite network ​affecting millions of Starlink users had left two dozen unmanned surface vessels bobbing off the California coast, disrupting communications and halting operations for almost an hour.

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Reuters Business

Reuters Business

 

Starlink outage hit drone tests, exposing Pentagon’s growing reliance on SpaceX 

 

Wall St futures edge higher on Mideast diplomacy hopes, strong earnings 

 

Boeing hiring more than 100 factory workers a week to grow output, replace retirees 

 

PepsiCo's price cuts, brand refreshes power quarterly results beat 

 

Google should allow third-party search engines access to data, EU says 

 

BNY's profit rises on strong fees, interest income growth​ 

 

Fed leadership transition on shaky ground as clock ticks on Powell's term 

 

U.S. Bancorp profit jumps on interest income, fee revenue boost 

 

Relaxation of US day-trading rules opens door to YOLO trading, higher risk   

 

Abbott results beat on medical device boost, Exact deal hits forecast 

 

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