NASA astronauts Doug Hurley (left) and Bob Behnken stand in front of the Tesla Model X that will carry them to the launchpad for the SpaceX Demo-2 launch. NASA Tesla revealed in a recent filing some of the ways that the company works with CEO Elon Musk’s other businesses including SpaceX and The Boring Company. The
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Ground staff unload coronavirus disease (COVID-19) relief supplies from the United States at the Indira Gandhi International Airport cargo terminal in New Delhi, India April 30, 2021. Prakash Singh | Reuters WASHINGTON – White House Chief of Staff Ron Klain said Sunday that the Biden administration is looking to distribute the coronavirus vaccine to India
Astra VP of manufacturing Bryson Gentile, left, and CEO Chris Kemp take a protective cover off a rocket fairing half. Michael Sheetz | CNBC ALAMEDA, California — Rocket builder Astra wants to simplify the launch business, with the soon-to-be-public company on a quest to both cut manufacturing costs while dramatically increasing the number of launches
Stan Chudnovsky of Facebook Horacio Villalobos | Corbis | Getty Images Adoption of Facebook’s interoperability between Messenger and Instagram is ahead of expectations, according to the exec who runs the Messenger business. “We are beating our expectations in terms of how fast and how many people are upgrading,” said Stan Chudnovsky, Facebook’s head of Messenger,
Retired Navy Admiral James Stavridis raised security concerns over the U.S. withdrawal of troops from Afghanistan, as the U.S. began its final drawdown of military forces there on Thursday. “We’re now down to 2,500 American troops, very small number,” said Starvridis. “I think it continues to be an opportunity to put pressure on the Taliban,
In this article HWIN EWST Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Hometown International, which has a bizarre $100 million stock market capitalization despite owning just one small deli in New Jersey, disavowed that valuation in a new financial filing Friday that said there was no basis to justify it. The unusual move came
In this article QSR-CA Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange, November 6, 2019. Brendan McDermid | Reuters Restaurant Brands International on Friday reported quarterly earnings that topped Wall Street’s expectations as its systemwide sales surpassed 2019 levels. Shares of the company
In this article PLTR Alex Karp, CEO of Palantir arrives ahead of a “Tech For Good” meetup at Hotel Marigny in Paris on May 15, 2019, held to discuss good conduct for technology giants. Bertrand Guay | AFP | Getty Images Palantir CEO Alex Karp earned compensation worth about $1.1 billion in 2020, primarily through
In this article CMCSA NBCUniversal kicks off it’s new Peacock streaming service. Todd Williamson | Peacock | NBCUniversal | Getty Images Comcast is set to report first-quarter results before-the-bell on Thursday. Here are the key numbers: Earnings per share: 59 cents expected in a Refinitiv survey of analysts Revenue: $26.7 billion per Refinitiv High-speed internet
In this article AAPL Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference at Steve Jobs Theater in Cupertino, California, June 22, 2020. Brooks Kraft | Apple Inc. via Reuters Apple’s 38% gross margin was about as certain as death and taxes. Until recently. In its quarterly earnings report
President Joe Biden on Wednesday will pitch Congress on $1.8 trillion in new spending and tax credits aimed toward children, students and families, senior administration officials said. Biden will unveil the massive new package less than a month after the White House put forward a sweeping proposal to spend more than $2 trillion over eight
Pinterest CEO Ben Silbermann speaks in conversation with Matthew Lynley of TechCrunch during the TechCrunch Disrupt SF 2017 on September 18, 2017 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Shares of Pinterest dropped more than 10% in after-hours trading on Tuesday after the company reported its first-quarter earnings, in
Boston, MA. – February 8: U.S. House Ways and Means Committee Chairman Richard Neal speaks at a press conference at the State House on February 8, 2021 in Boston, Massachusetts. Matt Stone | Boston Herald | Getty Images The Democrat in command of the House’s key tax-writing committee will on Tuesday unveil a list of
In this article TSLA Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future. Artur Widak | NurPhoto | Getty Images Tesla reported first-quarter results on Monday, including a record quarterly net profit of $438 million
U.S. Treasury yields rose slightly on Monday morning, ahead of the Federal Reserve’s policy meeting and inflation data, due out later in the week. The yield on the benchmark 10-year Treasury note rose to 1.579% at 4 a.m. ET. The yield on the 30-year Treasury bond climbed to 2.254%. Yields move inversely to prices. Treasurys
Medical workers in personal cover protective equipment (PPE) stand alert mode outside the Covid-19 ward at Sir Ganga Ram Hospital on April 22, 2021 in New Delhi, India. Sonu Mehta | Hindustan Times | Getty Images WASHINGTON – The Biden administration said that it will immediately make raw materials needed for India’s coronavirus vaccine production
The 60-40 stock-to-bond ratio is quickly falling out of favor. The old-line investment strategy’s appeal has worn off as investors turn to new areas of the market for diversification, two market analysts told CNBC’s “ETF Edge” this week. John Hollyer, principal and global head of fixed income at Vanguard, said in the Monday interview that
President Joe Biden delivers remarks and participates in the virtual Leaders Summit on Climate Session 5: The Economic Opportunities of Climate Action from the White House in Washington, DC, on April 23, 2021. Jim Watson | AFP | Getty Images President Joe Biden on Saturday recognized the killing of 1.5 million Armenians by Ottoman Empire