Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Inc., speaks during an event at the SpaceX launch facility in Cameron County, Texas, U.S., on Saturday, Sept. 28, 2019. Bronte Wittpenn | Bloomberg | Getty Images SAN FRANCISCO — In a conversation with the top U.S. Air Force officer on space
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Boeing can handle the settlements it’s likely to pay to airlines over the forced grounding of its 737 Max jet, the company’s new chairman told CNBC on Tuesday. “There’s no question there will be a fair number of settlements,” said David Calhoun, a Blackstone executive and longtime Boeing board member. “Our company and our balance
To be a successful entrepreneur, they say you’ve got to have passion. That’s something Su Jin Lee had in spades when he started his business. After all, he was going after an industry built on that stuff. Lee is the founder of Yanolja, an online accommodation bookings platform that has reinvigorated South Korea’s once dying
A TikTok logo is seen on a mobile device in Mountain View, California on November 2, 2019 as a photo illustration. Yichuan Cao | NurPhoto | Getty Images TikTok lets its millions of users record 15-second clips to trendy tunes. It has caught on with theatrical millennials and helped turn Lil Nas’ “Old Town Road”
Amazon CEO Jeff Bezos (l) and Doug McMillon, CEO of Walmart. Getty Images | CNBC Less shopping is happening on Amazon, and consumers are favoring Walmart, according to a new survey. The frequency of people buying items on Amazon six times or more per month has dropped to 40% this year from 80% in 2017, according
Activists marched to the offices of Senators Schumer and Gillibrand in New York City on September 5, 2017; carrying a giant lunchbox filled with messages from constituents that urged them to get Back To Work and Save Our Healthcare. Erik McGregor | LightRocket | Getty Images Wealthy Americans stand to gain from Obamacare’s demise. The
Rolls-Royce Cullinan Source: Rolls-Royce Rolls-Royce, Bentley, Lamborghini and Maserati have long histories of building high-end, exclusive cars for wealthy clients. All four, though, have introduced SUVs in recent years to help claim their share of the rapidly expanding market. It’s working. The Rolls-Royce Cullinan, Bentley Bentayga, Lamborghini Urus and Maserati Levante have all been triumphant
UAW President Gary Jones will take a leave of absence effective Sunday after a vote by the union’s executive board. “The UAW is fighting tooth and nail to ensure our members have a brighter future. I do not want anything to distract from the mission. I want to do what’s best for the members of
Farmer walks through his soy fields in Harvard, Illinois. Nova Safo | AFP | Getty Images Farm bankruptcies in September surged 24% amid a perfect storm created by President Donald Trump’s trade war with China and Europe, slumping commodity prices, and a year of unfavorable weather. This August, the USDA reported that more than 19.4
Google hired David Feinberg from Geisinger Health, a system of hospitals based in Pennsylvania, toward the end of 2018 and put him in charge of a newly created division called Google Health. But the company has remained quiet about the division’s scope and goals. Now he’s beginning to talk publicly about his plans, and appeared
Ewan McGregor as Danny Torrence in “Doctor Sleep.” Warner Bros. In a sound stage less than 10 minutes from the heart of Atlanta, carpenters and set designers painstakingly recreated one of the horror genre’s most iconic — and haunted — locales: The Overlook Hotel. Destined for theaters on Nov. 8, “Doctor Sleep” is the sequel
October’s robust jobs report doesn’t reflect an economy that’s falling into recession, CNBC’s Jim Cramer says before giving a preview into what’s on his trading calendar for next week. The “Mad Money” host is bullish on the housing market and offers suggestions to play the homebuilder sector. Later in the show he takes aim at
American companies need to take a stronger stand against the demands of the Chinese government and protect their principles, not profit, short seller Carson Block told CNBC on Friday. “We need to stop letting the Chinese government push our companies and our people around,” the founder and CIO of Muddy Waters Research said on “Power
The October 2019 employment report showed U.S. companies collectively added way more jobs than expected during the month, as robust gains in leisure and hospitality and persistent strength in health care offset expected softness in manufacturing. The government reported Friday that payrolls increased by 128,000, easily besting the 75,000 estimate economists polled by Dow Jones
A woman works in a Macintosh boot factory in Lin’an, located in the east China province of Zhejiang. Feature China | Barcroft Images | Barcroft Media | Getty Images A private survey showed factory activity in China expanded in October with the Caixin/Markit PMI coming in at 51.7. Analysts polled by Reuters had expected the
FBI agents walking into the home of United Auto Workers President Gary Jones after removing materials from the location on Wednesday, Aug. 28, 2019. Michael Wayland/CNBC DETROIT – The scope of an ongoing federal corruption probe into the United Auto Workers continues to widen as the union attempts to solidify new labor contracts with the
1. Stocks set for lower open on worries about US-China trade deal Spencer Platt | Getty Images News | Getty Images U.S. stock futures were largely pointing to a lower Thursday open on Wall Street after Bloomberg reported that Chinese officials have been casting doubt over the possibility of a long-term trade deal with the
Los Angeles Lakers forward LeBron James (23) moves to the basket against Denver Nuggets guard Jamal Murray (27) during the second half at Staples Center, March 6, 2019. Gary A. Vasquez | USA TODAY Sports | Reuters The Los Angeles Lakers and Delta Air Lines extended their partnership on Wednesday, allowing Atlanta based company to
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks will report earnings after the bell Wednesday. The coffee chain’s stock, valued at $100 billion, is up 29% so far this year. Here’s what analysts surveyed by Refinitiv are expecting: Earnings per share: 70 cents expected Revenue: $6.68 billion expected Global same-store sales: 3.95% Investors will be
A bad night’s sleep can be stressful, damage our physical and mental wellbeing and impair our performance in day-to-day tasks. CNBC spoke to sleep expert James Wilson, founder of The Sleep Lab — a company that helps businesses develop products and services to solve sleep problems — who shared three steps anyone can take to