Pork and beef products are displayed on a shelf at a Safeway store on October 4, 2021 in San Francisco, California. Justin Sullivan | Getty Images There’s been a great deal of chatter of late in financial papers, broadsheets and business television on how to exactly describe, and deal with, the economic environment in which
US News
Former federal prosecutor Renato Mariotti broke down the legal issues the Justice Department will have to weigh after the House asked the DOJ to criminally prosecute Trump advisor Steve Bannon over his refusal to cooperate with an investigation into the Jan. 6 attack on the Capitol. “They have to weigh, first of all, whether or
In this article AAPL Sundar Pichai, Google testifies at congressional hearing, March 25, 2021. CNBC Google said on Thursday that it’s lowering service fees in its app store after a similar move by Apple. Both companies have faced pressure to make their app stores more accessible to developers as lawmakers weigh new rules that could
Former President Donald Trump speaks to supporters during a rally at the Iowa State Fairgrounds on October 09, 2021 in Des Moines, Iowa. Scott Olson | Getty Images Former President Donald Trump announced Wednesday he will be launching his very own media network, including a social media platform called “TRUTH Social,” in order to “stand up to
Starship prototype SN15 returns for a landing on May 5, 2021 after a high-altitude flight test. SpaceX Between Elon Musk’s two largest companies, investors and experts have a long-term favorite. Most “institutional investors and industry experts” surveyed by Morgan Stanley expect SpaceX to become more valuable than Tesla, and see it as a more attractive
In this article SNAP FB CEO of Snap Inc. Evan Spiegel walks to a morning session at the Allen & Company Sun Valley Conference on July 07, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Snap CEO Evan Spiegel on Tuesday said that regulation is not a substitute for the moral responsibility that
Russian tycoon Oleg Deripaska speaks to media in front of the office of Gorkovsky Automobile Plant (GAZ) in Nizhny Novgorod, Russia April 16, 2019. Maxim Shemetov | Reuters FBI agents are at the home of Russian energy tycoon Oleg Deripaska, the agency confirmed Tuesday. The agents are conducting “court-authorized law enforcement activity” at Deripaska’s home
Lori Glaze, director of NASA’s planetary science division, explained how the agency’s Lucy asteroid mission will help illuminate the solar system’s formation. “The Lucy mission is really exciting, it’s going out to visit these special asteroids that are, they orbit the sun at about the same distance as Jupiter … and they’re special remnants that
In this article AMZN Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. MediaNews Group/The Riverside Press-Enterprise via Getty Images | MediaNews Group | Getty Images Amazon said Monday it’s hiring 150,000 seasonal employees in the U.S. to assist with a surge of demand tied to the holiday shopping rush. It’s a sharp
Still from Universal and Blumhouse’s “Halloween Kills.” Universal Audiences flocked to theaters over the weekend to see Universal and Blumhouse’s latest horror flick “Halloween Kills.” The sequel to 2018’s “Halloween” generated an estimated $50.35 million in ticket sales during its domestic debut despite also being made available on Universal’s streaming platform Peacock over the weekend.
People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021. Source: Nasdaq On Oct. 9, 2017, GitLab announced a $20 million funding round led by Alphabet’s GV, formerly known as Google Ventures. The news hit just as larger rival GitHub was about to start its annual developer conference. It was just one instance of
General view of the Hollywood Sign on November 17, 2020 in Hollywood, California. AaronP/Bauer-Griffin | GC Images | Getty Images A deal has been struck between Hollywood’s studios and a union representing its film and television crews that would avert a historic strike that has threatened to shut down production across the industry. On Saturday,
2020 MacBook Air with M1 chip Todd Haselton | CNBC Apple is holding a launch event on Monday to announce new products, like a redesigned MacBook Pro. Apple has a chance to drive continued momentum to its Macs ahead of the holiday shopping season, especially since it’s expected to announce more computers that run on
The risk of mRNA Covid booster shots causing heart inflammation in young adults continues to worry top scientists weighing whether to approve third doses for anyone over 12, Dr. Ofer Levy, a voting member of the Food and Drug Administration’s advisory panel, said Friday. Levy, the director of the Precision Vaccines Program at Boston Children’s Hospital, spoke
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, U.S., September 14, 2021. Evelyn Hockstein | Reuters The Securities and Exchange Commission is set to allow the first U.S. bitcoin futures exchange-traded funds to start
Former President Bill Clinton Adam Jeffery | CNBC Former President Bill Clinton was hospitalized on Tuesday evening to receive treatment for a non-Covid related infection, according to his spokesman. Clinton’s spokesman Angel Urena said late Tuesday that the former president was admitted to UC Irvine Medical Center in California. “He is on the mend, in
Congressional Progressive Caucus Chair Rep. Pramila Jayapal (D-WA), Sen. Ilhan Omar (D-MN) and Rep. Veronica Escobar (D-TX) talk to reporters after meeting with Speaker of the House Nancy Pelosi (D-CA) at the U.S. Capitol on September 30, 2021 in Washington, DC. Chip Somodevilla | Getty Images Progressive House Democrats have put down their marker in
Supporters of U.S. President Donald Trump gather outside the Capitol as police clear the building with tear gas, in Washington, January 6, 2021. Stephanie Keith | Reuters The House select committee investigating the Jan. 6 Capitol riot subpoenaed former Justice Department official Jeffrey Clark on Wednesday, citing evidence he tried to disrupt the post-election transfer