NASA may not be sending anyone to Mars anytime soon, the exploration of space and beyond - though on a much smaller scale - is being spearheaded by folks like Richard Branson and Jeff Bezos. (Maybe you've heard of them.) Though Bezos and Blue Origin continue to work under a veil of secrecy in Texas, Virgin Galactic keeps humming along in the Mojave having recently scored a major milestone for the sub-orbital space tourism arm of Branson's Virgin empire.
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WSJ Markets
- Asia on Debt Binge as World Sobers UpAsia's emerging economies are piling on debt to fuel growth, in stark contrast to the scaling back of private debt in the U.S. and Europe.
- Rocky Start for Stocks' New Circuit BreakersRules to curb violent stock swings are getting praise from some. But their slow introduction couldn't stop American Electric Power's 54% slide.
- Durable Goods Tell Two Different StoriesThe fact that Caterpillar's North American shipments of its machines to dealers fell 18% in April bodes poorly for Friday's report of April U.S. durable-goods figures. But the picture isn't so dire.
- Lessons for Euro From Two RevolutionsEurope overturned the convention of history when, unlike the U.S. or Germany before it, it created monetary union before political union. Now it is paying the price.
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