Daily Summary of Business & Economy · Live edition, updated continuouslySaturday 14 November 2026 · UTC
Latest Business & Economy News Today: 14 November 2026
SpaceX tests Starship catch as Trump heads to China without Nvidia spy issue
SpaceX launched Starship in a key test, with the upper stage expected to orbit before a planned catch while the booster splashed down. President Trump is set to travel to China for APEC with Elon Musk, and U.S. officials said the Nvidia spy allegations are unlikely to be raised with Xi. Pop Mart's toy sales plunged as Labubu hype faded.
Trump not expected to raise Nvidia spy issue with Xi during China trip
Senior U.S. officials said President Trump is not expected to raise Nvidia spy allegations involving former Nvidia CEO Jensen Huang during his meeting with Xi Jinping. Elon Musk will accompany Trump to Shenzhen for the APEC summit on Nov. 18 and 19, where the White House says a meeting with Russian President Vladimir Putin is planned. Officials said the economic focus will be implementing the trade agreement, while China called them baseless.
SpaceX fails to catch Starship booster but upper stage continues to orbit
SpaceX launched the world's largest rocket from South Texas on Friday and failed to catch the Super Heavy booster, which splashed into the Gulf of Mexico. The upper stage continued into orbit and is expected to circle Earth about 14 times over 22 hours before a planned catch at Starbase on Saturday. The 15th Starship flight released 26 Starlink v3 satellites, a key step for Starlink expansion and future lunar and Mars plans.
Chinese toymaker Pop Mart International will again send a giant float in New York City's Macy's Thanksgiving Day Parade later this month, but its global ascent has stalled as hype around its Labubu dolls fades. The toymaker's sales have plunged in recent months, dragging down its stock price and the net worth of founder and CEO Wang Ning.
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