Arianespace’s Vega rocket challenging SpaceX, Rocket Lab in the small satellite market


Arianespace’s rocket Vega lifts off from French Guiana on March 21, 2019.


A host of small satellites manufactured in the United States are set to launch on a rocket from South America on Saturday, in a mission that represents the foreign competition to U.S. rocket builders like SpaceX and Rocket Lab.

The Vega rocket, built by Italian aerospace manufacturer Avio and operated by French rocket company Arianespace, has a multinational European background. But, after almost a year hiatus following a launch failure, Arianespace is hoping Vega’s return to flight will help the company claim a larger part of the

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Powell warns of ‘significant uncertainty’ about the recovery and says small businesses are at risk


Federal Reserve Board Chairman Jerome Powell testifies during a hearing on “The Semiannual Monetary Policy Report to the Congress,” in front of the Senate Banking, Housing and Urban Affairs Committee in the Dirksen Senate Office Building on February 12, 2020 in Washington, DC.

Sarah Silbiger | Getty Images

Federal Reserve Chairman Jerome Powell warned Tuesday about “significant uncertainty” regarding the pace of the U.S. economic recovery and said small businesses and lower-income and minority Americans are particularly at risk.

During the first day of his semiannual testimony before Congress, Powell told the Senate banking committee that while some indicators have

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Small town businesses face uncertain restarts; doctors issue a warning


As many U.S. states continue to lift coronavirus lockdown restrictions, some are pausing their reopenings in the face of worrisome data around new cases and hospitalizations. States like Texas, Arizona and Arkansas have seen a surge in infections, calling into question aggressive reopening strategies. 

Officials at the Centers for Disease Control and Prevention said Friday additional lockdowns may be needed if rising infection data doesn’t improve, and some researchers are warning the resurgences in some states isn’t even the “second wave” that many feared — it’s still just the first. 

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Amazon and Goldman Sachs unveils small business credit lines up to $1 million


Jeff Bezos, founder and CEO of Amazon, smiles as he speaks during the Economic Club of Washington’s Milestone Celebration event in Washington, DC, on September 13, 2018.

Saul Loeb | AFP | Getty Images

Amazon is introducing a new digital credit line for U.S.-based merchants with partner bank Goldman Sachs, CNBC has learned exclusively.

Small business owners who sell items on the e-commerce giant’s platform will soon be receiving targeted invitations from Goldman’s Marcus brand for credit lines of up to $1 million, according to people with knowledge of the project.

Potential borrowers will see the offer on Seller Central

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