U.K. billionaire Richard Branson’s Virgin Atlantic Airways Ltd. still isn’t sure whether it will ever fly the world’s largest passenger plane as it prepares for delivery of its first Boeing Co. 787 Dreamliners.
Virgin Group Ltd., the investment group owned by Richard Branson, is to wind down its private- equity unit after canceling plans to raise a new fund, according to three people with knowledge of the matter.
A successful launch of a rocket with legs by Elon Musk’s Space Exploration Technologies Corp. may slash the costs of reaching space and give a boost to private space flight, former astronaut Chris Hadfield said.
On a cold, clear January morning, Sir Richard Branson finds himself standing in the middle of a pedestrian-friendly street in Newcastle -- a hardscrabble city in northeast England -- becoming something he never thought he would be: a banker.
Butanol, the gasoline substitute promoted by billionaire Richard Branson, is headed for its debut at U.S. pumps as soon as next year in a challenge to ethanol’s domination of the $26 billion renewable fuels market.