Jeff Bezos and Elon Musk Getty Images The two richest men on the planet are sparring in front of federal regulators over the massive satellite internet projects their companies are developing. SpaceX CEO Elon Musk took to Twitter on Tuesday, as his company works to convince officials of the Federal Communications Commission that it should
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WASHINGTON, DC – JANUARY 25: President Joe Biden speaks after signing an executive order related to … [+] American manufacturing. (Photo by Drew Angerer/Getty Images) Getty Images Congressional Republicans and some Democrats are urging lawmakers to better target President Biden’s $1.9 trillion plan for new pandemic relief. And they are right: It makes sense to deliver
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HUD-approved housing counselors can discuss options with homeowners who are having trouble paying … [+] their mortgage. getty The Federal Housing Administration announced Tuesday that it will carry out the Biden Administration’s request to extend the deadline for financially stressed borrowers with FHA-insured mortgages to request and receive mortgage payment forbearance from their mortgage servicer. The new
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Starbucks Chief Operating Officer Rosalind Brewer will replace Stefano Pessina as CEO of Walgreens, according to The Wall Street Journal. Starbucks announced Brewer’s departure earlier Tuesday, saying she was leaving at the end of February for a CEO position at an undisclosed publicly traded company. Officials from Walgreens weren’t immediately available to comment, on the
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The stock market’s rally during spiking Covid cases, which could threaten the U.S. economy’s recovery, may be justified by strong earnings from struggling American industrial companies, CNBC’s Jim Cramer said Tuesday. “These are astounding numbers,” Cramer said on “Squawk on the Street,” referring to quarterly results from General Electric and Raytheon. “It makes you feel
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Getty getty Democrats took control in Washington and began laying out their agenda for the next four years. Many media outlets across the country may shift their economic outlook as a result. The press organizations that were negative on the markets, foreign policy, defense, and healthcare, over the last four years may now turn positive
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Johnson & Johnson Coronavirus vaccine illustration Dado Ruvic | Reuters Johnson & Johnson on Tuesday reported fourth-quarter earnings and revenue that beat Wall Street’s expectations. Here’s how J&J did compared with what Wall Street expected, according to average estimates compiled by Refinitiv: Adjusted EPS: $1.86 per share versus $1.82 expected. Revenue: $22.48 billion versus $21.67 billion
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SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA A pair of investors are joining the first fully-private flight to the International Space Station — not as financial backers, but as the passengers flying along. Houston-based start-up Axiom Space on Tuesday unveiled that real estate investor Larry Connor
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