Texas Governor Greg Abbott speaking at a press conference at the Texas State Capitol in Austin on May 18, 2020. Lynda M. Gonzalez-Pool | Getty Images The U.S. Justice Department on Friday sued Texas and its governor, Greg Abbott, to block a state executive order aimed at restricting the travel of undocumented migrants who could
US News
In this article EBAY ETSY W AMZN Wayfair IPO on the floor of the New York Stock Exchange Lucas Jackson | Reuters E-commerce stocks sank Friday after Amazon, the largest U.S. e-retailer, reported disappointing results and gave a weaker-than-expected outlook for the third quarter. Wayfair and Etsy dropped almost 8%, while eBay fell 7%. Amazon
In this article TSLA NEOEN-FR Elon Musk speaks at Hornsdale wind farms in Australia for an event for Tesla Getty Images A fire occurred within a Tesla Megapack at one of the largest batteries in the world in Australia’s Victoria state around 10:15 a.m. local time on Friday, CNBC has confirmed. The cause of the
In this article PINS Ben Silbermann, co-founder, chairman and CEO of Pinterest, speaks in front of the company’s logo at the New York Stock Exchange (NYSE), during the company’s IPO on April 18, 2019 in New York City. Johannes Eisele | AFP | Getty Images Pinterest shares fell more than 14% in after-hours trading on
In this article DIS A guest takes a selfie at Magic Kingdom Park at Walt Disney World Resort on July 11, 2020. (Photo by Olga Thompson/Walt Disney World Resort via Getty Images) Disney has amended the mask policy at its U.S.-based theme parks in the wake of new guidance from health and government officials. Starting
In this article QCOM Qualcomm CEO Cristiano Amon. Carlo Allegri | Reuters Qualcomm shares rose over 3% in extended trading on Wednesday after the chipmaker reported third fiscal-quarter earnings that exceeded analyst estimates and offered a strong forecast for the fourth quarter. Here’s how the company did: EPS: $1.92 per share, adjusted, vs. $1.68 per
People play computer games at an internet cafe in Fuyang, China’s Anhui province. Lu Qijian | Visual China Group | Getty Images LONDON – After decades of the U.S. and Japan dominating the gaming space, China’s influence is growing as its tech giants snap up gaming studios around the world. Now, some experts think video
Apple CEO Tim Cook attends the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Apple reports fiscal third-quarter earnings after the bell on Tuesday. Here’s what Wall Street is expecting, per Refinitiv estimates: EPS: $1.01 estimated Revenue: $73.30 billion estimated iPhone revenue: $34.01 billion
U.S. Treasury yields fell slightly on Tuesday morning, as the Federal Reserve is set to kick off its two-day policy meeting. The yield on the benchmark 10-year Treasury note fell 2 basis points to 1.249% at 3:30 a.m. ET. The yield on the 30-year Treasury bond dipped 2 basis points to 1.907%. Yields move inversely
A health worker prepares to administer a dose of Johnson & Johnson Covid-19 vaccine at Khagendra Navajeevan Kendra, a rehabilitation center for people with disabilities, in Kathmandu. SOPA Images | LightRocket | Getty Images WASHINGTON – The Department of Veterans Affairs will require its health-care personnel to receive the Covid-19 vaccine, the first major federal agency to
In this article SPCE Virgin Galactic CEO George Whitesides CNBC | Michael Sheetz George Whitesides, the former CEO of Virgin Galactic, will fly on the company’s next spaceflight test, CNBC has learned. Sir Richard Branson made the announcement at a party on July 11 in Las Cruces, New Mexico — following his own spaceflight —
In this article 6694.T-JP Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. The video-conferencing software company announced it’s IPO priced at $36 per share, at an estimated
In this article AMZN AAPL FB GOOGL San Francisco Compassandcamera | Getty Images Many lawmakers are eager to rein in the power of the largest tech companies: Amazon, Apple, Facebook and Google. But some of their proposals could actually hurt the smaller companies they’re meant to protect, venture capitalists warned CNBC. VCs are particularly concerned
In this article ADM ICE FNV-CA TPL CRL INFL Rising inflation may threaten the market’s largest stocks, but it does have some potential beneficiaries. The Horizon Kinetics Inflation Beneficiaries ETF (INFL), which launched in January, identifies and groups those names to offer investors protection in inflationary environments, its co-portfolio manager James Davolos told CNBC’s “ETF
RJ Scaringe, founder and chief executive officer of Rivian Automotive Inc., unveils the R1T electric pickup truck, left, and R1S electric sports utility vehicle (SUV) during a reveal event at AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California. Bloomberg | Bloomberg | Getty Images Electric vehicle start-up Rivian on Friday
A National Park Service worker replaces a flag at the Washington Monument which reopened today following a six month closure due to COVID-19 safety measures, in Washington U.S., July 14, 2021. Kevin Lemarque | Reuter The U.S. economy is expected to post another roaring growth spurt in the second quarter, before a slow and steady
The dean of Brown University’s School of Public Health warned about the tough months ahead across the U.S. due to Covid, as new data shows the delta strain can carry up to 1,000 times more virus in their nasal passages than those infected with the original strain. “I think people are underestimating how bad this
Special forces troops patrol at Prado Avenue following the protests in Cuba, Havana on July 21, 2021. Yander Zamora | Anadolu Agency | Getty Images WASHINGTON – The United States imposed sanctions on Cuba’s defense minister and the communist nation’s special forces brigade for the repression of peaceful protests that broke out on the island