The Indian government confirmed in a recent report that its Vikram lunar lander crashed or "hard landed" during its September mission after its fine braking thrusters malfunctioned.
Why it matters: The unsuccessful mission was India's attempt to become the first country to explore the moon's south pole, after announcing plans to launch people into space in the early 2020s.
Insurers are resisting rate hikes from their insurers, including the property reinsurers that act as a safety net if insurance companies’ losses reach a certain level.
Why it matters: Reinsurers, which in the past have bid up rates as insurers accumulated more losses than expected, are competing more with alternative capital.
The Macy's Thanksgiving Day Parade might be without its signature balloons this week as New York City regulations prevent them from flying when winds exceed 23 mph and gusts top 34 mph, CNN reports.
Why it matters: The National Weather Service's forecast shows sustained winds of 22 mph and gusts of 39 mph during the parade, which will force city officials to make a last-minute call on whether or not the 16 balloons can take to the air.
