Business
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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Investors see growth opportunity in Femtech devoted to women’s health
To Dr. Connie Lehman, a breast cancer scan is like a fingerprint that provides clues for developing personalized medical care. “There is so much information in every digital image of a woman’s breast tissue, and the deep learning technology can extract that and predict the future and in ways we haven’t been able to […]
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Kohl’s confirms it has received multiple preliminary buyout offers
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s on Monday confirmed it has received multiple preliminary offers from parties interested in acquiring the department store chain. Kohl’s said in a press release the proposals are nonbinding and […]
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Coal’s a ‘stupid investment’ and we’re ‘sleepwalking to climate catastrophe,’ says UN chief Guterres
UN Secretary General António Guterres photographed at the COP26 climate summit in Glasgow, Scotland on Nov. 11, 2021. Jeff J Mitchell | Getty Images News | Getty Images The U.N. Secretary General issued a stark warning Monday, saying the planet had emerged from last year’s COP26 summit in Glasgow with “a certain naïve optimism” and […]
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