Month: September 2023
Jeff Bezos’ Blue Origin to replace CEO Bob Smith with outgoing Amazon exec Dave Limp
Bob Smith, chief executive officer of Blue Origin LLC, (L), and Dave Limp, senior vice president of devices and services for Amazon.com Inc. Getty Images Jeff Bezos’ Blue Origin will replace CEO Bob Smith with outgoing Amazon executive Dave Limp, CNBC has learned. Smith is retiring effective Dec. 4 and will remain with the company […]
Read More
Jefferies downgrades Nike to hold from obtain. Here’s what the execs say to do next
Market Movers rounded up the latest reactions on Nike from investors and analysts. The execs mentioned the sports activities clothing retailer right after Jefferies decreased its get in touch with on the stock from get to maintain. The analyst guiding the phone, Randal Konik, also lowered Nike’s price concentrate on by $40 to $100 . […]
Read More
Movie theater shares pop after writers, studios reach tentative labor deal
The AMC 25 and Regal Cinemas on 42nd Street in Times Square in New York. Richard Levine | Corbis | Getty Images Movie theater shares popped on Monday following news of a tentative labor deal between the Writers Guild of America and the Alliance of Motion Picture and Television Producers. “The world’s movie theatres can […]
Read More
Pfizer restarts production at tornado-hit North Carolina plant, but drug supply will still be affected
In this aerial image, damage is seen to a Pfizer pharmaceutical factory after a tornado hit the facility two days earlier, on July 21, 2023 in Rocky Mount, North Carolina. Sean Rayford | Getty Images Pfizer on Monday said it has restarted most production lines at a drug manufacturing plant that was severely damaged by […]
Read More
Sierra Space raising nearly $300 million from Japanese consortium at $5 billion valuation
Artist’s rendering of Sierra Space’s Dream Chaser spaceplane in this undated handout obtained March 25, 2022. Sierra Space | via Reuters Sierra Space, the subsidiary of private aerospace contractor Sierra Nevada Corporation, is finalizing a raise of nearly $300 million, CNBC has learned. The round values the space company at about $5 billion, according to […]
Read More
MicroStrategy purchases $147.3 million in bitcoin, bringing overall held to $4.68 billion: CNBC Crypto Globe
ShareShare Post by using FacebookShare Short article by way of TwitterShare Write-up by way of LinkedInShare Article through Email CNBC Crypto Globe characteristics the most current information and day-to-day trading updates from the electronic forex marketplaces and presents viewers with a appear at what is ahead with large-profile interviews, explainers, and one of a kind […]
Read More
The first tour inside Manhattan’s newest private club, with $100,000 membership fees
A battle between elite membership clubs is about to reach a whole new level, as Core Club’s new 60,000-square-foot megaclub prepares to open in Manhattan next month. The new Core space, spread over four floors above Midtown, is the latest in a wave of elite membership clubs that have opened in major cities since the […]
Read More
Pickleball is loud. The people behind the trendy sport say they’re trying to fix it
People play pickleball at Central Park on April 8, 2023 in New York City. Wang Fan | China News Service | Getty Images America’s fastest-growing sport is looking to be … quieter? The governing body of the sport, USA Pickleball, announced on Monday a new initiative to get pickleball to pipe down by investing in […]
Read More
Merck Covid drug linked to virus mutations that can spread between people, new study says
A worker handles a bottle of Merck & Co. and Ridgeback Biotherapeutics LPs Molnupiravir antiviral medication in a warehouse in Shoham, Israel, on Jan. 18, 2022. A fourth dose of the Pfizer-BioNTech vaccine was insufficient to prevent infection with the omicron variant of Covid-19, according to preliminary data from a trial in Israel released Monday. Photographer: […]
Read More
Iphone 15 Professional evaluation unveils Qualcomm modem and simpler-to-mend smartphone body
Apple’s Iphone 15 Professional and Iphone 15 Professional Max have a new frame style and design, which could make restoring the devices’ screens or swaps of their batteries easier, according to a teardown analysis by iFixit, a components vendor and gadget-mend advocate. Nonetheless, iFixit gives the new phones a very poor repairability score: 4 out […]
Read More