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A rendering of the “Orbital Reef” space station in orbit. Blue Origin The Orbital Reef space station partnership between Jeff Bezos’ Blue Origin and Sierra Space is on rocky footing, CNBC has learned. The companies announced Orbital Reef as a co-led project in 2021, but updates about the project dried up in the past year.

In this article GME Follow your favorite stocksCREATE FREE ACCOUNT GameStop Chairman Ryan Cohen. Source: CNBC GameStop said Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer’s chief executive. Shares of the company jumped nearly 10% in premarket trading following the announcement. GameStop said Cohen wouldn’t receive any

In this article LULU PTON Follow your favorite stocksCREATE FREE ACCOUNT Jen Van Santvoord rides her Peloton exercise bike at her home in San Anselmo, California. Ezra Shaw | Getty Images Peloton and Lululemon are joining forces. The two companies announced a five-year partnership Wednesday that will bring Peloton’s content to Lululemon’s exercise app. Lululemon

An uncaptioned image posted on the company’s website appears to show Starshield technology in orbit. SpaceX The Pentagon has awarded Elon Musk’s SpaceX its first confirmed contract for the Starshield network it’s developing, a military-specific version of the company’s Starlink satellite internet system, the defense agency said Wednesday. A Space Force spokesperson confirmed that SpaceX

Senator Jeff Merkley, a Democrat from Oregon, speaks during a news conference at the U.S. Capitol in Washington, D.C., on Jan. 25, 2020. Zach Gibson | Bloomberg | Getty Images A new bill that aims to give the marijuana industry access to banking services is expected to move forward in the Senate on Wednesday. The

A worker makes clothes at a garment factory that supplies Shein, in Guangzhou, China. Shein is set to produce goods in Brazil for the Latin American market, instead of shipping them from China. Jade Gao | AFP | Getty Images Fast-fashion retailers like Zara, Shein and H&M are using resale platforms to reduce their carbon

In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A Target department store in North Miami Beach, Florida, on May 17, 2023. Joe Raedle | Getty Images Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime. The company will close one

Locked up toothpaste to prevent shoplifting are seen at a Duane Reade drugstore and pharmacy on August 24, 2023 in New York City. Angela Weiss | Afp | Getty Images Retail theft has caught the attention of the masses in recent years, from startling smash-and-grab videos during the depths of the Covid pandemic to corporate

In this article WBD AMC CNK IMAX Follow your favorite stocksCREATE FREE ACCOUNT The AMC 25 and Regal Cinemas on 42nd Street in Times Square, New York. Richard Levine | Corbis | Getty Images Movie theater shares popped Monday following news of a tentative labor deal between the Writers Guild of America and the Alliance

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT 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

In this article DIS PARA CMCSA WBD Follow your favorite stocksCREATE FREE ACCOUNT Striking members of the Writers Guild of America and supporters march towards La Brea Tar Pits, Los Angeles, CA.  Irfan Khan | Los Angeles Times | Getty Images Hollywood’s writers and studios have a preliminary labor agreement. Talks between the Writers Guild

A “For Sale” sign is displayed in front of a home in Arlington, Virginia, on August 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Sales of previously owned homes fell 0.7% in August from July to a seasonally adjusted, annualized rate of 4.04 million units, according to the National Association of Realtors. Sales were

Saudi Arabian Crown Prince Mohammed bin Salman Al Saud attends Partnership for Global Infrastructure and Investment event on the day of the G20 summit in New Delhi, India, September 9, 2023.  Evelyn Hockstein | Reuters Saudi Crown Prince Mohammed bin Salman embraced accusations of “sportswashing” to rehabilitate the country’s image, as the kingdom beefs up

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images Ads are coming to Amazon‘s Prime Video. The company announced Friday that its streaming service – a part of Prime subscriptions that cost $14.99 a month – will now have limited ads in its TV series and movies.

In this article STLAM-IT GM F Follow your favorite stocksCREATE FREE ACCOUNT UAW President Shawn Fain (center) marches with UAW members through downtown Detroit after a rally in support of United Auto Workers members as they strike the Big Three auto makers on September 15, 2023 in Detroit, Michigan. Bill Pugliano | Getty Images DETROIT

In this article STLA STLAM-IT GM F Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – The United Auto Workers is expanding strikes to 38 parts and distribution locations across 20 states for General Motors and Stellantis, UAW President Shawn Fain said Friday morning. The union will not initiate additional strikes at Ford Motor, as the

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s golden arches logo is seen at a franchise restaurant owned by Rippon Family Restaurants. Paul Weaver | Lightrocket | Getty Images McDonald’s franchisees who add new restaurants will soon have to pay higher royalty fees. The fast-food giant is raising those fees from

In this article EDR WWE CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Shinsuke Nakamura and Karrion Kross wrestle during the WWE SmackDown at Coliseo de Puerto Rico José Miguel Agrelot on May 5, 2023, in San Juan, Puerto Rico. Gladys Vega | Getty Images Sport | Getty Images WWE’s “Friday Night SmackDown” will return to

In this article F GM STLA Follow your favorite stocksCREATE FREE ACCOUNT (L-R) Supporter Ryan Sullivan, and United Auto Workers members Chris Sanders-Stone, Casey Miner, Kennedy R. Barbee Sr. and Stephen Brown picket outside the Jeep Plant on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT – With a deadline for

In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT Rupert Murdoch is stepping down as chairman of the board of both Fox Corp. and News Corp., the companies said on Thursday. The move will be official in November. Murdoch, 92, will be appointed chairman emeritus of each company. Lachlan Murdoch, one of his sons,