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Company behind supersonic private jet breaks ground at $ 300 million Florida headquarters

Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com. Supersonic airline Aerion broke ground with its new global headquarters in Melbourne, Tear., where it plans to produce the world's first business jet that can fly faster than the speed of sound - an indication that a new era of travel at speeds above Mach 1 is approaching.The advanced campus, designed and constructed by construction company Haskell, will be used for research, design and production of AS2, which is expected to begin in 2023, Aerion said. Aerion is collaborating with one-time supersonic aircraft manufacturer Boeing and General…

Alibaba to raise up to $5bn in dollar bond

Alibaba to raise up to $5bn in dollar bond

Alibaba will raise up to $5bn from international debt markets this week, in what is set to be one of China’s biggest dollar bond sales, even as regulators pursue the technology group for alleged anti-competitive practices.The Chinese ecommerce group, which was founded by billionaire entrepreneur Jack Ma, announced the bond sale one month after proposals for the issue were first reported. Alibaba had previously been considering a bond sale of between $5bn and $8bn.The planned fundraising followed Alibaba’s latest earnings report on Tuesday, in which the group posted a 37 per cent year-on year-increase in revenue for the quarter that…

Advantages and disadvantages of refinancing a mortgage on a mortgage

Like any economic movement, it has an advantage and disadvantages of making a payout financing. Here's what you need to know before you get started. (iStock)If you've been following the news recently, you know that mortgage rates are at historically low levels in the coronavirus pandemic. Typically, when mortgage rates are low, borrowers refinance to lower their monthly payments. But with a mortgage payment, it is also possible to use the capital you have built up in your home to cover a large expense.You can visit an online marketplace as Credible to see current refinancing rates and get cash out…

Moment fashion mogul Peter Nygard sees girl, 17, dancing on his private jet stripper rod before going to ‘orgy cabin’

SECRET video shows scandalous tycoon Peter Nygard seeing a 17-year-old girl dancing around a stripper on his private jet. The fashion mogul is seen looking at the girl as he sits in a chair, and footage also shows the plane's 'orgy room', where he allegedly wants to invite girls for sex. 6Peter Nygard sees the girl dancing Credit: CBC6The 79-year-old is facing charges in the United StatesCredit: Getty Images - GettyThe 79-year-old Nygard was arrested in his home country Canada late last year after US authorities accused him of sex trafficking after he allegedly abused girls as young as 14…

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