Exterior of the Lucid Air sedan, which debuted Sept. 9, 2020 as the company’s first production vehicle. Lucid Shares of Churchill Capital IV continued to plummet for a second consecutive day Wednesday after announcing a deal Monday night to bring electric vehicle firm Lucid public through a reverse merger. Shares were down by as much
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Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images The mystery of what happened to critical evidence proving Theranos’ blood-testing technology didn’t work deepened
Rocket 3.2 launches from Kodiak, Alaska. Astra / John Kraus Rocket builder Astra is preparing to go public in the second quarter, taking on a crowded field of competitors while aiming for daily deliveries to space by 2025. CEO Chris Kemp spoke to CNBC this month about the company’s plans for its upcoming cash infusion.
A man stands near a Cuban National flag at the Melia Varadero International Hotel in Matanzas Province, on October 23, 2020. Varadero, Cuba’s most important beach resort, is reopening to international tourism, amid the coronavirus pandemic. YAMIL LAGE | AFP | Getty Images Cuba’s most advanced Covid-19 vaccine candidate is scheduled to enter late-stage clinical
Speaker of the House Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) speak after a press conference on Capitol Hill in Washington, DC. Tasos Katopodis | Getty Images President Joe Biden’s $1.9 trillion stimulus package advanced out of the House Budget Committee on Monday and is now set for a full House vote
Residents take pictures of debris fallen from a United Airlines airplane’s engine on the neighborhood of Broomfield, outside Denver, Colorado, on Feb. 20, 2021. A United Airlines flight suffered a fiery engine failure Feb. 20, shortly after taking off from Denver on its way to Hawaii, dropping massive debris on a residential area before a
US National Security Adviser Jake Sullivan speaks during a press briefing on February 4, 2021, in the Brady Briefing Room of the White House in Washington, DC. Saul Loeb | AFP | Getty Images WASHINGTON – White House National Security Advisor Jake Sullivan said Sunday that the United States has started speaking with Iran over
Bitcoin’s long-term outlook is brightening, according to Ark Invest’s Cathie Wood. The CEO and chief investment officer of the explosively popular active management firm told CNBC this week that the cryptocurrency’s catalysts are adding up as it soars to unprecedented new highs. “I think the probability of an ETF has gone up,” Wood told CNBC’s
Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Tesla CEO Elon Musk said Saturday that bitcoin prices “seem high” after the cryptocurrency surged to another record high this week. The price of bitcoin, the world’s
Scientist Michael Mann argued that the United States must go “well beyond those Paris commitments” as President Joe Biden rejoined the Paris Climate Agreement Friday. “We have to ratchet up the commitments now if we are to stay on course to averting a catastrophic three degree Fahrenheit warming,” said Mann, the author of “The New
[The stream is slated to start at 3:15 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is speaking Friday at Pfizer‘s Covid-19 vaccine manufacturing plant in Kalamazoo, Michigan as his administration works to ramp up the supply of doses in the U.S. Earlier
Jeff Green, CEO of The Trade Desk Scott Mlyn | CNBC The Trade Desk CEO and co-founder Jeff Green says last year was a wake-up call to the advertising industry, as consumers move away from watching traditional TV and toward streaming and online video instead. “2020 was a wake-up call to the advertising industry when
[The livestream is scheduled to begin at 2:15 p.m. ET. Please refresh the page if you do not see the player above] NASA is hours away from its most ambitious Mars mission yet, with the U.S. space agency set to attempt to land rover Perseverance after a more than six month trip to the red
The GameStop Corp. logo on a laptop computer and Robinhood application on a smartphone. Tiffany Hagler-Geard | Bloomberg | Getty Images Rep. Ro Khanna, Silicon Valley’s lawmaker in Congress, on Thursday proposed a bill aimed at bulking up the Internal Revenue Service’s enforcement tools and ability to crack down on tax evasion. The legislation, if
Newly confirmed U.S. Secretary of State Antony Blinken addresses reporters during his first press briefing at the State Department in Washington, January 27, 2021. Carlos Barria | Reuters WASHINGTON – Secretary of State Antony Blinken said Wednesday that the United States will pay the more than $200 million it owes to the World Health Organization
President Joe Biden tried to avoid dwelling on his predecessor, former President Donald Trump, as he delivered a public-facing sales pitch for Congress to quickly pass his massive coronavirus relief bill. “I’m tired of talking about Donald Trump. I don’t want to talk about him anymore,” Biden said Tuesday night during a CNN town hall
Traffic moves along Interstate 30 after a snow storm February 15, 2021 in Fort Worth, Texas. Ron Jenkins | Getty Images Airlines canceled more than 4,000 flights in Texas since Monday as an unusual winter storm bringing snow, ice and record cold temperatures hit the state, creating perilous road conditions and knocking out power to
Silhouette of Permian Basin pumpjacks taken at dusk, north of Midland, Texas, U.S. in late 2019. Richard Eden | via Getty Images Freezing weather in regions across the U.S. sparked another rally in energy prices and put West Texas Intermediate crude on pace to settle above $60 a barrel for the first time since the