The Inspiration4 crew in their SpaceX spacesuits, from left: Chris Sembroski, Dr. Sian Proctor, Jared Isaacman, and Hayley Arceneaux John Kraus / Inspiration4 KENNEDY SPACE CENTER, Florida — SpaceX is set to make history as Elon Musk’s space company prepares to launch four civilians to orbit. They will become the first full crew of non-professional astronauts to fly to
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Unofficially known as “Big Sky Country,” Montana attracted more vaccinated than unvaccinated Americans last month. Mike Kemp | In Pictures Ltd. | Corbis Historical | Getty Images Lawmakers on Capitol Hill may pass a measure to curb abuses by taxpayers using a particular tax deduction for land preservation. The bill, named the Charitable Conservation Easement
Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Aug. 3, 2021. Al Drago | Bloomberg | Getty Images The Federal Deposit Insurance Corp. will unveil this week a new investment fund backed by corporate giants that
Determining the best way to ensure your financial security can seem overwhelming. For James and Michelle Bethe, deciding what to do with the $200,000 they had in savings had them at a standstill. As a teacher, Michelle, 36, has a pension for retirement and James, 38, has some money in a 401(k) plan. For Michelle,
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Here are the most important news, trends and analysis that investors need to start their trading day: Dow futures flat after 30-stock average dropped 292 points Casino stocks tank as Macao considers tighter regulations Democrat Gov. Gavin Newsom survives California recall election Biden to meet with U.S. employers about Covid vaccines SpaceX set to make
In this article REGN MSFT LVS WYNN WEBR CNR-CA Check out the companies making headlines before the bell: Weber (WEBR) – The grill maker’s stock jumped 3.8% in the premarket, following its first quarterly report since going public in August. Weber’s sales rose 19% from a year earlier, and the company projected full-year sales largely
Teen tennis champion Emma Raducanu is set to receive $2.5 million from her record-breaking U.S. Open victory — a sum more than eight times her previous career earnings. The 18-year-old high school graduate wowed audiences over the weekend when she beat Leylah Fernandez to claim the U.S. Open women’s singles title, becoming the first qualifier
Representative Tom Suozzi, a Democrat from New York, speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol in Washington, D.C., on Thursday, April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images House Democrats have said they will pursue “meaningful” change to the $10,000 cap on the
Potential homebuyers exit an open house in Redondo Beach, California. Patrick T. Fallon | Bloomberg | Getty Images Fall is usually the start of the slower season for the housing market, but nothing is usual in today’s pandemic-driven housing market. Potential homebuyers are seeing a slight rise in inventory and consequently rushing back into the
In this article DAI-DE BMW-DE VOW3-DE 9868-HK NIO The electric vehicle sector is seeing its “most exciting moment” now — and consolidation in the sector cannot be avoided, says Bain & Company’s Helen Liu. “I would say that consolidation is an inevitable trend in this industry,” Liu, partner at the consultancy firm, told CNBC’s “Capital
Huawei founder Ren Zhengfei attends a panel discussion at the company headquarters in Shenzhen, Guangdong province, China June 17, 2019. Aly Song | Reuters BEIJING – Chinese telecommunications giant Huawei said it is expanding its team of scientists even as the company has lost revenue in the wake of U.S. sanctions. It’s a bet that
Elizabeth Holmes, founder and CEO of Theranos, arrives at the federal courthouse for jury selection in her trial, Tuesday, Aug. 31, 2021, in San Jose, Calif. Nic Coury | AP SAN JOSE, Calif. — In public, Elizabeth Holmes was dubbed the next Steve Jobs on the cover of Inc. magazine in 2015, but in private
People wait in line at a food distribution site in the South Bronx on March 10, 2021 in New York. Spencer Platt | Getty Images News | Getty Images Poverty declined in 2020 by one measure following large amounts of federal aid enacted due to the coronavirus pandemic, including stimulus checks and enhanced unemployment benefits.
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Rivian R1T electric truck Source: Rivian EV start-up Rivian is the first automaker to bring an electric pickup to the consumer market, beating Tesla, General Motors and others in what’s expected to be a hotly contested segment in the years ahead. Rivian founder and CEO RJ Scaringe on Tuesday tweeted that the company’s first R1T
In this article LUV HLF GE ORCL An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019. Tom Brenner | Reuters Check out the companies making headlines in midday trading. Oracle – The tech company’s shares slid 3.7% after Oracle’s first-quarter revenue missed expectations. The company reported sales
Today, Jessica Alba’s Honest Company is a publicly traded company valued at nearly $1 billion. But when the “Dark Angel” actress decided to launch her consumer goods start-up in 2012, she was met with plenty of doubters — including herself. In the years since, she’s had to work to combat the naysayers, developing a strategy
Marc Lasry, co-founder and chief executive officer of Avenue Capital Group. Adam Jeffery | CNBC Marc Lasry, who makes his living by investing in distressed companies, thinks the U.S. is potentially heading for that status itself. Though he’s not sure of the timing and doesn’t expect major problems to happen anytime soon, the billionaire head