Babcock shares rise 13% as CEO announces a ‘new era for defense’
European markets see widespread declines Despite some recovery in defense stocks due to re-contracting, European markets took a downturn overall. The Stoxx Europe 600 index dipped by 0.7% at one point. Regionally, the UK FTSE 100 was down 0.5%, while France’s CAC40 fell by 0.8%. In Germany, the Dachshund index also decreased by 0.6%. Defense […]
How ‘hurricane-proof’ town of Babcock Ranch escaped Milton
A Florida community built specifically to withstand high winds survived Hurricane Milton with barely a scratch and never lost power during the storm that battered the Sunshine State. Babcock Ranch, a town about 25 miles northeast of Fort Myers, advertises itself on its website as “Tomorrow's Home,” a claim that ensures uninterrupted power for its […]