Month: October 2024
SpaceX may receive FAA license for next Starship launch in time for Sunday attempt
SpaceX’s next-generation Starship spacecraft, atop its powerful Super Heavy rocket, lifts off on its third launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. March 14, 2024. Cheney Orr | Reuters The Federal Aviation Administration may issue SpaceX its next Starship license in time for a Sunday launch […]
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GM expects 2025 earnings to be similar to this year despite industry headwinds
Brand new GMC trucks are displayed on the sales lot at Hanlees Hilltop GMC on July 02, 2024 in Richmond, California. Justin Sullivan | Getty Images DETROIT — General Motors expects its 2025 adjusted earnings to be in a “similar range” to the company’s results this year, CFO Paul Jacobson said Tuesday during the company’s […]
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White House ‘in touch’ with airlines as Helene, Milton spark price gouging fears
US Transportation Secretary Pete Buttigieg attends a Cabinet meeting with US President Joe Biden in the Cabinet Room of the White House in Washington, DC, on September 20, 2024. Samuel Corum | AFP | Getty Images The Department of Transportation said Tuesday it is in contact with airlines about the affordability of their flights in […]
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Harris says Iran is America’s ‘greatest adversary,’ as Mideast War weighs on US priorities
Democratic presidential nominee and U.S. Vice President Kamala Harris walks to board Air Force Two as she departs for New York, at Joint Base Andrews, Maryland, U.S., October 7, 2024. Evelyn Hockstein | Reuters Vice President Kamala Harris said she considers Iran to be America’s “greatest adversary,” in a new interview on the CBS show […]
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Healthy Returns: What activist Starboard’s $1 billion stake means for Pfizer
Jakub Porzycki | Nurphoto | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Happy Tuesday! Pfizer‘s troubles may finally be coming to a head. Former executives of the pharmaceutical giant are backing a […]
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Hard Rock chairman opens the door to a FanDuel or DraftKings partnership in Florida
Florida’s sports betting market may be about to get a lot more interesting, with Hard Rock’s chairman opening the door to partnerships with commercial sportsbooks. Hard Rock has the monopoly on sports betting in the state, winning the exclusive tribal gaming compact following a hard-fought battle against Flutter-owned FanDuel, DraftKings and Penn Entertainment. The sportsbooks […]
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Trump Media stock soars up to 19% as DJT extends longest rally since June
Pavlo Gonchar | Lightrocket | Getty Images Shares of Trump Media surged more than 19% on Tuesday, putting the Truth Social operator on track for its fourth straight day of gains — its longest positive price streak since June. DJT shares at one point jumped to $22 in extremely heavy trading, nearly 90% higher than […]
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FTX cleared to repay nearly all customers 119% of allowed bankruptcy claims: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Asymmetric’s Joe […]
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BetMGM wagers that new technology, football can lead to a resurgence
As BetMGM tries to regain momentum in the gaming market, it’s banking in part on gains in NFL betting and the draw of new technology. The company is the third largest U.S. sportsbook by market share, but has lost ground in recent years in both sports gambling and igaming, or online casino gambling, where it […]
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Slotmaker Aristocrat works to protect its IP while moving to a digital future
Aristocrat Gaming CEO Hector Fernandez told CNBC that digital opportunities are key to the company’s future — as is ensuring its intellectual property is protected. Fernandez said he welcomes competition, but added that “one of the things that is pivotal for us is to aggressively defend our IP that we create.” The global gamemaker sued […]
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