Richard Branson

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NY Storm Delays New Airline's First Flight

Low-cost Virgin America is billionaire Branson's domestic US entry

(Newser) - Highlighting the difficulties of the US domestic market, inclement weather delayed today's first flight of Virgin America, the airline backed by impish British billionaire Richard Branson. The airline, which aims to provide first-class amenities at budget-friendly fares, operates from its San Francisco hub to Los Angeles and New York's JFK...

3 Dead in Space Center Blast
3 Dead in Space Center Blast

3 Dead in Space Center Blast

(Newser) - A third person has died from injuries suffered in an explosion at a Mojave Desert airport where part of billionaire Richard Branson's private space program is being developed, AP reports. The blast occurred during testing of a nitrous oxide propellant system for a space tourism vehicle. Three people were hospitalized,...

Mojave Spaceport Blast Kills 2
Mojave Spaceport
Blast Kills 2

Mojave Spaceport Blast Kills 2

Four others hurt at company behind first manned rocket

(Newser) - An explosion killed at least two people at a remote desert plant attempting to develop billionaire Richard Branson's space tourism program. The blast at Mojave Air and Space Port was in part of the facility where SpaceShipTwo is being built for Virgin Galactic—to be used for $200,000 trips...

Citizens Book Tickets to Moon
Citizens Book Tickets to Moon

Citizens Book Tickets to Moon

Would-be astronauts fund growth industry

(Newser) - A citizen spaceflight company has two passengers willing to pay $100 million each for a flight around the moon. Tickets aboard Virgin’s future suborbital flights are flying out the door. The civilian aeronautics industry finds itself better funded every day, as would-be astronauts and  backers alike are rushing to...

Carlyle Bids on Faltering Virgin Media

Debt-riddled UK cable provider, 35 ($ a share), seeks rich buyout firm

(Newser) - The friendly corporate raiders at the Carlyle Group have floated an offer to buy out Virgin Media, the British cable provider, with total equity in the range of $8B and $10B, the Journal reports. The besieged media company has been losing customers to rivals in the UK, and has stacked...

Reward for Lost Girl Reaches £2.6 Million

Madeleine McCann, kidnapped in Portugal, turned 4 yesterday

(Newser) - JK Rowling, Richard Branson and other British business figures have contributed to a £1.5 million reward offered by the tabloid News of the World for the safe return of Madeleine McCann. The British 4-year-old was kidnapped in Portugal 10 days ago; the new offer raises the total reward...

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