
JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'
JPMorgan Chase’s third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank’s CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability
1970-01-01 08:00

Scientists could use lunar dust to make roads on the moon
Scientists have come up with a potential solution to deal with dust on the moon which makes conducting research tricky. Dust erodes space suits, clogs machinery, interferes with scientific instruments and makes moving around on the surface difficult. But they reckon moon dust could be melted using a giant lens developed by the European Space Agency to create solid roads and landing areas. Using a fine-grained material called EAC-1A, developed as a substitute for lunar soil, scientists used a 50mm diameter laser beam to heat the dust to about 1,600C and melt it. Then they traced out bendy triangle shapes, which could be interlocked to create solid surfaces across large areas of lunar soil to be used as road. However it would take about 100 days to create a 10 x 10m landing spot so it is not a quick fix. To make matters worse, the lens needed for the laser to work would be difficult to transport from Earth and could also get dust in it which may reduce its functionality. “You might think: ‘Streets on the moon, who needs that?’” said Prof Jens Günster, of the Federal Institute of Materials Research and Testing in Berlin and co-author of a report on the possible solution. “But in fact it’s a kind of depressing demand [even] early on. It’s very loose material, there’s no atmosphere, gravity is weak, so the dust gets everywhere. It contaminates not only your equipment but other nations’. No one would be happy to be covered in dust from another rocket." Dust has blighted previous missions, such as the Surveyor 3 spacecraft (damaged by dust kicked up by the Apollo 12 landing), and overcoming this challenge is a priority for Nasa, which aims to establish a permanent lunar outpost. Transporting building materials to the moon would be too expensive, so there is a need for unconventional solutions. “You need to use what’s there and that’s simply loose dust,” said Günster. The findings are published in the journal Scientific Reports. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00

Citigroup profit holds steady as investment banking fees jump
By Manya Saini and Tatiana Bautzer NEW YORK Citigroup's profit was broadly steady in the third quarter, fueled
1970-01-01 08:00

Masimo ORi™ Granted De Novo as the First and Only FDA-Cleared Noninvasive and Continuous Parameter to Provide Insight into Hyperoxia Under Supplemental Oxygen
SAN FRANCISCO--(BUSINESS WIRE)--Oct 13, 2023--
1970-01-01 08:00

Comcast Expands Broadband Network to Pelahatchie, Mississippi
JACKSON, Miss.--(BUSINESS WIRE)--Oct 13, 2023--
1970-01-01 08:00

Union workers reach a tentative deal with Kaiser Permanente after the largest-ever US health care strike
Kaiser Permanente reached a tentative deal with the unions representing 75,000 employees, following the largest-ever health care strike in US history.
1970-01-01 08:00

John Fury attacks perspex glass to try and get to KSI at dramatic press conference
John Fury stole the show during Tommy Fury and KSI's press conference ahead of their fight this weekend, when the former boxer sensationally tried to attack the YouTuber through perspex glass. Fury and KSI were facing off in a cage with only the transparent sheet between them, when the 24-year-old's dad appeared to lose his temper and began punching and headbutting the glass. KSI appeared unphased by it all, encouraging the people holding him back to 'let him'. Sign up to our free Indy100 weekly newsletter
1970-01-01 08:00

Investors flock to defensive stocks and safe havens on worries about Israel-Hamas war
The Israel-Hamas war is sending investors in search of defensive assets.
1970-01-01 08:00

Jamie Dimon warns: 'Now may be the most dangerous time the world has seen in decades'
JPMorgan Chase CEO Jamie Dimon kicked off third-quarter earnings season Friday with a stern warning to investors: "Now may be the most dangerous time the world has seen in decades," he wrote in the company's report.
1970-01-01 08:00

Czech parliament's lower house approves government plan to keep ballooning deficit under control
The Czech parliament’s lower house has approved dozens of measures proposed by the government designed to keep the ballooning budget deficit under control
1970-01-01 08:00

Barcelona star admits frustration at being benched for Porto victory
Andreas Christensen admits he was frustrated to miss out on Barcelona's win over Porto.
1970-01-01 08:00

BlackRock posts surprise rise in profit, inflows drop
(Reuters) -BlackRock handily beat third-quarter profit estimates on Friday but posted a sharp drop in net inflows, sending shares of
1970-01-01 08:00