Business
Elon Musk says SpaceX will hopefully launch first Starship orbital flight in May
Prototypes of SpaceX’s Starship rocket and Super Heavy booster stand at the company’s Starbase facility in Texas. Michael Sheetz | CNBC Elon Musk on Monday gave an update on the timeline for SpaceX’s first orbital launch of the company’s next-generation Starship rocket. “We’ll have 39 flightworthy engines built by next month, then another month to […]
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Ford F-150 Lightning’s 320-mile range beats available Rivian electric pickups, but lags GMC
2022 Ford F-150 Lightning Ford DETROIT – Ford Motor’s 2022 F-150 Lightning pickup will have an electric range of up to 320 miles, according to final Environmental Protection Agency estimates released Monday by the automaker. The top range of the all-electric pickup is 20 miles higher than Ford initially estimated, which places it just above […]
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Nike shares rise as earnings top estimates on strong North America demand
A man walks in front of a Nike products exhibit, on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike on Monday reported earnings and sales for the fiscal third quarter that topped analysts’ estimates, thanks to robust demand in North America as consumers headed back to stores. […]
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Russia is exploring options for cyberattacks and companies must be ready, says Biden
President Joe Biden speaks during a tour of the Ford Rouge Electric Vehicle Center, in Dearborn, Michigan on May 18, 2021. Michael Wayland | CNBC President Joe Biden on Monday advised U.S. corporations to strengthen their cybersecurity practices because of intelligence reports indicating that Russia is looking at possibilities to attack. The guidance came almost […]
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U.S. space companies poised to benefit as Russia cuts ties to industry, analyst says
A Falcon 9 rocket carries 49 Starlink satellites toward orbit on Feb. 3, 2022. SpaceX Russia is rapidly cutting itself off from much of the global space industry in response to Western sanctions due to the invasion of Ukraine, and U.S. companies stand to benefit, according to an analyst report on Friday. “Russia and Ukraine […]
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General Motors is creating an import business to send certain iconic vehicles to China
GM President Mark Reuss announces a $2.2 billion investment in the automaker’s Detroit-Hamtramck Assembly plant in Michigan for new all-electric trucks and autonomous vehicles on Jan. 27, 2020. Michael Wayland / CNBC DETROIT – General Motors is creating a new China-based premium import business focused on sales of high-margin, “iconic vehicles” from the U.S. The […]
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SpaceX’s Starlink sees the in-flight internet market as ripe for an overhaul, executive says
A passenger plane takes off from Frankfurt Airport. The aviation industry is particularly hard hit by the effects of the global Corona pandemic. Picture alliance | Getty Images WASHINGTON – Elon Musk’s SpaceX believes an aviation-specific antenna may be revolutionary for connecting Starlink, its global high-speed internet service, with airplanes. “Connectivity on airplanes is something […]
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Stocks making the biggest moves midday: Boeing, Disney, Berkshire Hathaway and more
A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters Check out the companies making headlines in midday trading. Boeing — Shares fell about 4% after a Boeing 737 passenger jet crashed in China with 132 people on board. China’s […]
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FDA advisory committee to discuss future of Covid boosters
A nurses fills up syringes for patients as they receive their coronavirus disease (COVID-19) booster vaccination during a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, September 29, 2021. Emily Elconin | Reuters A Food and Drug Administration advisory committee will meet next month to discuss the future of Covid-19 booster shots in the U.S., and whether […]
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Ashton Kutcher and Mila Kunis raise over $34 million for Ukraine aid
Actors Ashton Kutcher and Mila Kunis attend the game between the Los Angeles Dodgers and the Oakland Athletics at Dodger Stadium on April 11, 2018 in Los Angeles, California. Jayne Kamin-oncea | Getty Images Actors Ashton Kutcher and Mila Kunis have raised more than $34 million in donations for humanitarian aid to Ukraine and temporary […]
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