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2021-05-03 19:05:51 GMT2021-05-04 03:05:51(Beijing Time) Xinhua English
by Peter Mertz
LOS ANGELES, May 3 (Xinhua) In 1941, the U.S. government hired billionaire entrepreneur Howard Hughes to build a massive airplane to take some 700 American soldiers into combat. Hughes legendary Spruce Goose had a wingspan of 320-feet (97.5 meters).
Last week - 80 years later - an even bigger aircraft, the Stratolaunch, took to the skies over southern California s Mojave Desert, in a second successful test flight that awed onlookers marveling at its wingspan of 385 feet (117.3 meters) and six Boeing engines that roared in synchronicity.
The second successful test flight lasted 2.5 hours and the vehicle reached an altitude of 14,000-feet.
Co-Op Bank Calls Off Takeover Discussions But Hails 2020 Milestones
Mon, 21st Dec 2020 14:23
(Alliance News) - The Co-Operative Bank PLC on Monday said it has ended talks after having received takeover interest from a financial sponsor .
Back in November, the lender said it received an approach from a party regarding the possibility of a sale of the bank and/or the holding company . Co-Op Bank did not name the financial sponsor , though the Guardian newspaper said New York-based Cerberus Capital Management was behind the bid.
Co-Op Bank said on Monday: The bank s majority shareholders have now confirmed that these discussions have ended. The bank remains committed to delivering its strategy and to returning to sustainable profitability, with the continued support of its majority shareholders.