New York to Paris in Under Four Hours? Inside the Effort to Build the Next Concorde
When the Concorde was grounded in 2003, done in by strained economics and a fiery crash on a Paris runway, it appeared to be the end of the line for supersonic travel. Nothing emerged to replace it. In fact, the speed of air travel moved in the opposite direction, with many routes getting slower in recent years as congestion and air-traffic control inefficiencies jammed up the skies.
A former Amazon software engineer named Blake Scholl founded a company to change this. A decade ago, he launched Boom Supersonic, betting that his Denver-based startup could tap in to the allure of ultrafast travel—a desire that has never quite been extinguished despite the financial and practical challenges that ended the Concorde's nearly 30-year run. Scholl sees a world where round-trip trans-Atlantic business journeys happen in a single day.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
35 minutes ago
- Yahoo
1 Megacap Tech Stock That Could Split Its Shares Next
Netflix shares trade significantly higher than the levels they did before the company's last stock split in 2015. The company's business is firing on all cylinders, making this a good time to split shares. Netflix expects double-digit revenue growth and significant operating margin expansion this year. 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) stock has recently blown past $1,200 per share, making it hard to believe that shares traded at levels below $200 as recently as May of 2022. And the stock's momentum is strong this year, too. Shares are up about 40% this year alone, defying the market's sluggish return of less than 2% as of this writing. With a combination of a strong business, impressive stock price momentum, and a share price in the thousands, a stock split could be in the cards for the streaming giant soon. Netflix's performance has been stellar. In the first quarter of 2025, revenue rose 12.5% year over year to about $10.5 billion, and earnings per share soared 25.2%. Helping the company achieve such strong earnings-per-share growth is Netflix's widening operating margin. The key profitability metric hit 31.7% in the quarter, up from 28.1% in the year-ago period. The company also reported free cash flow of $2.7 billion, up 25% year over year. Netflix's business growth has been fueled primarily by three key tailwinds: membership growth, price increases, and a fast-growing advertising business. Importantly, the company believes all three of these catalysts have room to run. In its first-quarter update, management reaffirmed its guidance for full-year revenue to increase 11.5% to 14.1% year over year. This growth, management explained, "assumes healthy member growth, higher subscription pricing and a rough doubling of our ad revenue ... " Additionally, management continues to forecast a full-year operating margin of 29%, up substantially from 26.7% in 2024. Netflix hasn't split its shares since 2015. Back then, a 7-for-1 split lowered the stock price from about $700 to $100. Today, the share price is nearly double its pre-split peak. That alone doesn't guarantee a stock split. But historically, splits are more likely when a stock becomes expensive (in terms of the share price) relative to other megacaps and the company is on solid footing. Netflix checks both boxes. There's a sense of déjà vu with Netflix today. Just as has been the case recently for the company, it was experiencing strong subscriber growth, record earnings, and benefiting from strategic catalysts the last time it split its stock. Also strengthening the case for a stock split, Netflix shares currently trade far higher than other tech leaders like Microsoft, Meta Platforms, Apple, and Nvidia. Of course, a stock split would not affect the company's fundamentals, but it would lower the price per share and make Netflix more accessible to retail investors. But it's worth emphasizing that a stock split, in and of itself, isn't a reason to buy a stock. It is, however, often a symptom of strong underlying business momentum -- momentum strong enough to cause investors to bid up the share price to a level worthy of a stock split. It's also worth noting that even though Netflix's business is doing extraordinarily well, investors seem to already be pricing in this momentum. Shares trade at 59 times earnings. All else equal, this valuation multiple will likely come down meaningfully if the company delivers on its revenue growth and operating margin expansion targets for the full year. A combination of double-digit revenue growth and margin expansion should help earnings per share grow dramatically. But with a price-to-earnings multiple well in excess of even fast-growing tech giant Nvidia's, investors seem to be already betting on more staggering growth from the streaming giant. With a surging stock price, impressive revenue growth, and a nascent and fast-growing advertising business, Netflix is a top contender for the next big tech stock split. Though the company hasn't announced plans to split its shares, it's starting to look overdue. Before you buy stock in Netflix, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Netflix wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,395!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $858,011!* Now, it's worth noting Stock Advisor's total average return is 997% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Daniel Sparks and his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Meta Platforms, Microsoft, Netflix, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 1 Megacap Tech Stock That Could Split Its Shares Next was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
37 minutes ago
- Yahoo
TSA Says Costco Cards ‘Absolutely' Don't Count as REAL IDs While Confessing ‘Love' for Costco Hotdogs: ‘Please Stop'
The TSA warned travelers that Costco cards do not count as REAL IDs in a lighthearted Facebook post on June 4 The government agency shared the message to dispel rumors that travelers can use their Costco cards at airports REAL IDS became mandatory to fly domestically and enter federal buildings in most states on May 7The Transportation Security Administration has warned travelers that a Costco card is not a valid form of travel ID to fly. The TSA shared a message on Facebook on Wednesday, June 4, to dispel rumors that travelers can use their Costco cards at airports. 'We love hotdogs and rotisserie chickens as much as the next person but please stop telling people their Costco card counts as a REAL ID because it absolutely does not,' the government agency wrote. The post prompted a chorus of amusing responses from commenters. 'So, you're saying we should bring you a chicken?' one person replied, while another Facebook user commented, 'I'm pretty sure that the Costco card is stronger than some passports.' The need for REAL IDs rolled out nationwide on May 7, and the majority of states now require them for domestic airline travel and access to federal buildings — although Michigan, Minnesota, New York, Vermont and Washington accept Enhanced Driver's Licenses (EDL) as an alternative. The REAL ID is a form of identification that meets higher security standards set by the federal government. Congress passed the REAL ID Act in 2005 in response to the Sept. 11 terrorist attacks, and it finally became a reality after a number of delays and pushbacks. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. REAL IDs can be obtained through the DMV, though they do require you to provide more detailed documentation as compared to previous licenses and IDs. Because of this, it's wise to check your local DMV's website to ensure you have all the required paperwork before applying for one. Generally speaking, applicants will need to bring: One proof of identity (like a U.S. birth certificate or passport), one proof of Social Security number (like a Social Security card or W-2), two proofs of state residency (like a utility bill or rental agreement) and proof of name change if applicable. Applicants will need to bring originals or certified copies of all documentation — photocopies will not be accepted. And if you don't have a REAL ID yet but still need to fly domestically? You will be notified of your non-compliance, and may be directed to a separate area of the airport to receive additional screening. The same goes for federal buildings that require identification. For more information, visit the Department of Homeland Security website. Read the original article on People
Yahoo
37 minutes ago
- Yahoo
Scammers targeting NYC parking meters: How to protect your money
The Brief Scammers are placing fraudulent QR code stickers on NYC parking meters, leading drivers to phishing websites to steal payment information. The Department of Transportation acted swiftly by notifying users, inspecting meters, and working with Microsoft to remove the phishing site. Cybersecurity expert Robert Siciliano advises using official apps for parking payments and monitoring credit card statements, while reporting any suspicious QR codes. NEW YORK - Drivers beware! Scammers are targeting New York City parking meters by placing fraudulent QR code stickers on machines, directing drivers to third-party websites to steal payment information. What we know The Department of Transportation warns that scanning these QR codes leads to a phishing site where users are asked for payment details, which are then stolen by scammers. At least one fake sticker was found on a meter, prompting immediate action from the agency, including notifications to users, inspections of all meters, and collaboration with Microsoft to remove the phishing site. What they're saying Cybersecurity expert Robert Siciliano advises vigilance, noting that lone QR codes are often fraudulent. "A lone QR code that is plastered on is usually going to be fraud," he said. "Most municipalities and cities know at this point that there are three to five different apps that consumers might use to log in to pay for their parking, and as long as you have that app on your phone, generally you should be good." He also emphasizes monitoring credit card statements for unauthorized charges. "The problem with this particular crime is if you are not paying attention to your credit card statements in real time and pay the bill, you are responsible for that fraud," he said. What you can do The official way to pay for metered parking in the city is through the ParkNYC app or by inserting a credit card directly into the meter. Reporting any suspicious QR codes is crucial. The Source This article uses information from the New York City DOT and cybersecurity expert Robert Siciliano.