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October 11, 2008 2:26:04 AM CDT

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Stories related to: Richard Branson

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  • October 2008

    • Hiker Brings 'Closure' for Fossett Widow

      Los Angeles Times  |  Oct 3, 08 3:17 PM CDT

      Hiker Brings 'Closure' for Fossett Widow

      (Newser) - The widow of adventurer Steve Fossett, whose wrecked plane was found this week in the Sierra Nevada mountains, reached out personally yesterday to the hiker who played the key role in the discovery, the LA Times reports. Peggy Fossett thanked outdoorsman and sporting-goods salesman Preston Morrow for the chance to “bring to closure a very painful chapter in my life.” More »

      Tags

      California  • plane crash  • Richard Branson  • Steve Fossett  • Sierra Nevada  • NTSB

  • September 2008
  • August 2008
  • July 2008

    • Branson Rolls Out Space Plane

      Los Angeles Times  |  Jul 28, 08 5:00 PM CDT

      Branson Rolls Out Space Plane

      (Newser) - At a remote airfield in the Mojave Desert today, Virgin Galactic founder Richard Branson unveiled the flagship of his new venture, an aircraft that will carry the first passenger space rocket to its launch height of 48,000 feet, the Los Angeles Times reports. Tickets are going for $200,000-plus, with the maiden voyage possible before decade’s end. More »

      Tags

      Richard Branson  • space travel  • adventure travel  • space tourism  • Virgin Galactic  • press conference  • Burt Rutan

    • Did Air Ace Fossett Fake His Death?

      News of the World (UK)  |  Jul 28, 08 3:05 AM CDT

      Did Air Ace Fossett Fake His Death?

      (Newser) - Air adventurer Steve Fossett may have faked his own death, reports the tabloid News of the World . No wreckage was ever found after Fossett disappeared last year in a light plane over the Nevada desert. Fossett didn't bother to wear his GPS watch—and he may have had strong motives to disappear, including getting out from under shaky investments and possible marital troubles. More »

      Tags

      pilot  • Richard Branson  • aviation  • Steve Fossett  • Virgin Group  • California Highway Patrol  • Lloyds of London

  • March 2008

    • Space Tourism Gets New 2-Seater

      Los Angeles Times  |  Mar 27, 08 11:57 AM CDT

      Space Tourism Gets New 2-Seater

      (Newser) - California's XCor Aerospace is jumping aboard the space-tourism bandwagon with a new rocket plane, the Los Angeles Times reports. For $100,000, one passenger at a time will be able to ride the Lynx to 200,000 feet and feel about 90 seconds of weightlessness. With flight tests beginning in 2010, XCor aims to be the second company in the business. More »

      Tags

      Richard Branson  • space tourism  • Virgin Galactic  • Burt Rutan  • Scaled Composites

  • February 2008

    • Virgin Tests First Biofuel Plane

      BBC  |  Feb 24, 08 12:35 PM CST

      Virgin Tests First Biofuel Plane

      (Newser) - A Virgin Atlantic jet powered partially by a coconut- and Brazilian babassu nut-based biofuel made it from London to Amsterdam today in the first commercial flight to do so, the BBC reports. Virgin topdog Richard Branson hailed the flight as "pioneering" in the development of "fuels of the future," but environmentalists denounced the experiment as a publicity stunt. More »

      Tags

      London  • biofuel  • Richard Branson  • Amsterdam  • jet  • Virgin Atlantic  • Boeing 747

    • Move to Nationalize UK Bank Sparks Fury

      Times (UK)  |  Feb 18, 08 3:48 AM CST

      Move to Nationalize UK Bank Sparks Fury

      (Newser) - Furious shareholders concerned about the risk to their investments are blasting the British government's decision to nationalize ailing Northern Rock bank. The British Treasury is expected to face lengthy legal action from investors once the government formally announces details of the takeover today. Trading in bank shares is being suspended, and the government takeover could be completed within the week. Taxpayers have already forked over billions of dollars to prop up the troubled financial institution. More »

    • UK Nationalizes Northern Rock

      BBC  |  Feb 17, 08 12:52 PM CST

      UK Nationalizes Northern Rock

      (Newser) - British ministers plan to nationalize Northern Rock as part of a bold, desperate move to rescue the struggling bank, the BBC reports. Chancellor of the Exchequer Alistair Darling said two private bids to take over Northern Rock failed to offer “sufficient value for money to the taxpayer,” adding that London would only hold onto the bank until market conditions improve. More »

      Tags

      United Kingdom  • Richard Branson  • Alistair Darling  • Northern Rock  • Bank of England  • nationalization  • Virgin Group  • taxpayers

    • RIP, Steve Fossett

      Associated Press  |  Feb 16, 08 5:44 AM CST

      RIP, Steve Fossett

      (Newser) - He vanished on a routine flight five months ago, and now daredevil Steve Fossett has been declared dead at the age of 63, the AP reports. The famous world record breaker was last seen flying a small plane over western Nevada where 15-20 private planes have disappeared since 1950. The first man to circle the world solo in a hot air balloon, Fossett aspired to "be the best in everything." More »

      Tags

      obituary  • pilot  • Richard Branson  • aviation  • world record  • Steve Fossett  • hot air balloon

    • Nationalization May Loom for Northern Rock

      BBC  |  Feb 13, 08 12:00 PM CST

      Nationalization May Loom for Northern Rock

      (Newser) - Troubled British mortgage lender Northern Rock’s share price plummeted 8% today as rumors of government nationalization grew after the Treasury panned rescue plans offered by Richard Branson's Virgin Group and a competing version from the bank’s management team, the BBC reports. Though shareholders reportedly prefer management's bid, the government favors Virgin’s plan—if it sweetens the deal. More »

      Tags

      Richard Branson  • Northern Rock  • nationalization  • Virgin Group

  • January 2008