In this article NVDA Nvidia headquarters in Santa Clara, California, on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Nvidia shares fell 4% in extended trading on Wednesday after the company said the U.S. government is restricting sales in China. In a filing with the SEC, Nvidia said the U.S. government
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In this article PBI Gatik’s class 6 box truck is deployed for Pitney Bowes Source: Gatik Logistics company Pitney Bowes will begin testing automated short-haul delivery trucks from startup Gatik under a new pilot program at Dallas-area distribution centers, the companies announced Wednesday. Pitney Bowes, which provides logistic services for retailers including eBay and American Eagle,
NASA’s next-generation moon rocket, the Space Launch System (SLS) rocket with its Orion crew capsule perched on top, as it stands on launch pad 39B in preparation for the unmanned Artemis 1 mission at Cape Canaveral, Florida, August 27, 2022. Joe Skipper | Reuters NASA announced it will make another attempt to launch the Artemis
The U.S. economy is going to fall into a recession next year, according to Steve Hanke, a professor of applied economics at Johns Hopkins University, and that’s not necessarily because of higher interest rates. “We will have a recession because we’ve had five months of zero M2 growth, money supply growth, and the Fed isn’t
In this article GOOGL Robert Kyncl, global head of content at YouTube Inc. Patrick T. Fallon | Bloomberg | Getty Images Long-time YouTube executive Robert Kyncl announced on Monday he’s departing the dominant social video platform in the U.S. after more than 12 years at the company. Google President of global customer solutions Mary Ellen
U.S. Treasury yields were higher on Monday as investors digested comments from Federal Reserve Chair Jerome Powell. The yield on the benchmark 10-year Treasury note rose more than 8 basis points to 3.123%, while the yield on the 30-year Treasury bond gained roughly 5 basis points to 3.253%. The yield on the short-term 2-year Treasury
In this article RIVN TSLA AMZN Following in Tesla’s footsteps, another electric vehicle company has been making a name for itself, with a unique spin: Rivian Automotive. Founded in 2009, Rivian is focusing on upscale electric trucks and SUVs with an emphasis on outdoor adventure. CNBC’s John Rosevear calls them the “Patagonia of electric vehicles.”
NASA plans to launch the Artemis I mission on Monday from Kennedy Space Center in Florida, sending the Space Launch System (SLS) rocket and Orion capsule on a more than month-long journey around the moon. — The uncrewed launch marks the debut of the most powerful rocket ever assembled and kicks off NASA’s long-awaited return
Earlier this month, the Biden administration took a major step in combating the climate crisis with the passage of the Inflation Reduction Act, which includes roughly $370 billion in energy and climate incentives – mostly in the form of tax credits, according to Goldman Sachs. But with potential ripple effects on global supply chains as
NYC Monkeypox Vaccine Clinic sign is displayed on August 2, 2022 in the Bronx, New York. John Smith | Corbis News | Getty Images The Centers for Disease Control and Prevention is cautiously optimistic that the U.S. is slowing the spread of monkeypox as new cases fall in several major cities. “We’re watching this with
In this article META Facebook is opening up Horizon World, its virtual reality world of avatars, to anyone 18 and older in the U.S. and Canada. Courtesy of Meta The vice president of Meta’s Horizon social media virtual reality software, Vivek Sharma, is leaving the company, a spokesperson said Friday. Sharma has been with Facebook
In this article TMUS T-Mobile CEO Mike Sievert and SpaceX founder Elon Musk announce partnership plans on Aug. 25, 2022. Screenshot SpaceX founder Elon Musk and T-Mobile CEO Mike Sievert said that their companies are working to “end mobile dead zones,” and will launch a new mobile service enabled by Starlink second-generation satellites and T-Mobile
In this article META The Facebook Oculus Quest VR headset is comfortable and easy to use. Todd Haselton | CNBC Meta CEO Mark Zuckerberg revealed that his company will debut a new virtual reality headset in October, typically the month the company holds its Connect VR conference. Speaking on an episode of the Joe Rogan
U.S. Treasury yields were slightly lower on Thursday ahead of the Federal Reserve‘s annual meet in Jackson Hole, Wyoming. The yield on the benchmark 10-year Treasury note dipped 2 basis points to 3.082% after rising on Wednesday. The 10-year yield climbed above the 3% level for the first time in a month earlier in the
In this article NVDA Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Nvidia reported second quarter earnings that missed Wall Street expectations for revenue and earnings per share.
U.S. Treasury yields were slightly lower on Wednesday, as investors awaited a fresh batch of economic data and Treasury auctions. The yield on the benchmark 10-year Treasury note fell 1 basis point to 3.035%, inching back toward the 3% level after surpassing it for the first time in a month earlier in the week. The
An aerial view of former U.S. President Donald Trump’s Mar-a-Lago home after Trump said that FBI agents raided it, in Palm Beach, Florida, U.S. August 15, 2022. Marco Bello | Reuters A federal judge appointed by former President Donald Trump ordered him Tuesday to answer several key questions about his new lawsuit related to the
On the morning of August 10th, in Aurora, Colorado, Margarita Flores Velasquez opened the door to her bathroom and discovered her 13 year old grandson, Jose, bent over with his head in the sink. She recalls, “I said ‘Jose, Jose,’… I tried moving him. He was limp, cold, his mouth and fingers were purple.” She
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