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Monday, June 29, 2020 by Snacks

Insert Elon side-eye... Virgin Galactic stock soared on news of a sweet NASA partnership. Virgin will try to hotel-ify the International Space Station to help NASA commercialize the galaxy. It's working on becoming a space travel agency, coordinating resources and travel plans for ISS-bound customers. Virgin stock got a second bump after completing a successful glide test flight — It says full rocket-powered flights are next. All this excitement despite Virgin only sending 5 paying customers into sub-orbital space so far.

Renegade, renegade... The discount retail giant behind TJ Maxx, Marshalls, and Homegoods wants nothing to do with online shopping. TJX took an $887M loss on closed stores last quarter, but didn't bow to the e-pressure. On the contrary: it shut down its ecommerce site since online activity makes up just 2% of the chain's total sales. Now that most TJX stores have reopened, sales are actually higher than a year ago — That's thanks to treasure-hunting shoppers hitting up physical stores for some "revenge spending" after being stuck inside so long.

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