In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT Rocket LV0006 tilts during liftoff. Astra / NASASpaceflight Space company Astra will go private in a cut-rate deal with its founders after a dismal run as a publicly-traded stock. Astra co-founders Chris Kemp and Adam London – CEO and CTO, respectively – signed an agreement

Nurphoto | Nurphoto | Getty Images Pfizer is ready to move on from Covid.  Now, the company is betting on cancer drugs to help it regain its footing after a rocky year marked by the rapid decline of its Covid business. It just might take a while before that bet pays off.  Pfizer pitched its

Westend61 | Westend61 | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The number of family offices in the world has tripled since 2019, setting off a new race

Chevrolet All-Electric Blazer EV Scott Mlyn | CNBC DETROIT – General Motors is reducing the price of its new Chevrolet Blazer EV by thousands of dollars as it restarts sales of the vehicle Friday following an 11-week stoppage to address software issues. Current 2024 Blazer EV models will start at $50,195, or $6,520 less than

In this article LLAP LMT Follow your favorite stocksCREATE FREE ACCOUNT Terran Orbital Satellite manufacturer Terran Orbital is “looking at everything” regarding the company’s future, CEO Marc Bell told CNBC, as it considers Lockheed Martin’s acquisition offer. “We found out about [Lockheed’s takeover bid] when the rest of the world found out about it,” Bell

In this article NVO NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT Novo Nordisk CEO Lars Fruergaard Jørgensen on Friday said the company’s experimental weight loss pill, amycretin, could eventually become a best-in-class treatment for obesity.  The Danish drugmaker is racing to capitalize on the runaway success of its blockbuster weight loss drug Wegovy by developing

Injection pens of Novo Nordisk’s weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023. Victoria Klesty | Reuters The Food and Drug Administration approved Novo Nordisk‘s blockbuster weight loss drug Wegovy for use in slashing the risk of serious cardiovascular complications in people with obesity and heart disease, the

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023. Eli Lilly & Co.’s shares climbed in early US trading after its experimental drug for Alzheimer’s slowed the progress of the disease in a final-stage trial, paving the way for the company to

In this article COST Follow your favorite stocksCREATE FREE ACCOUNT Mandel Ngan | Afp | Getty Images Costco on Thursday missed Wall Street’s revenue expectations for its holiday quarter, despite reporting year-over-year sales growth and strong e-commerce gains. Shares of the retailer fell about 4% in aftermarket trading. The retailer’s stock had hit a 52-week

In this article GPS Follow your favorite stocksCREATE FREE ACCOUNT A general view of an Old Navy store.  Gap Inc. Gap’s largest banner Old Navy returned to growth for the first time in more than a year during its holiday quarter as the retailer delivered earnings on Thursday that came in well ahead of Wall

In this article BA UAL Follow your favorite stocksCREATE FREE ACCOUNT A United Airlines 737 Max 8 Leslie Josephs | CNBC United Airlines will pause pilot hiring this spring because of aircraft deliveries from Boeing, the latest effect of the plane maker’s problems with one of its biggest customers. New hire classes will be paused

US President Joe Biden speaks during an event at the National Institutes of Health (NIH) in Bethesda, Maryland, US, on Thursday, Dec. 14 2023.  Chris Kleponis | Bloomberg | Getty Images President Joe Biden on Wednesday said the federal Medicare program should negotiate prices for at least 50 prescription drugs each year, up from the

In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT Federal Reserve Chairman Jerome Powell fist bumps Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response” in the Rayburn House Office Building in Washington, U.S., December 2, 2020. Greg Nash | Reuters

In this article FL Follow your favorite stocksCREATE FREE ACCOUNT The Foot Locker logo is displayed in a store on May 19, 2023 in San Francisco, California.  Justin Sullivan | Getty Images Shares of Foot Locker fell in premarket trading Wednesday after the sneaker retailer reported a holiday-quarter loss, issued weak guidance for the current

Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in Dirksen Building on Thursday, November 30, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau unveiled a new rule on Tuesday

In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A Target store in New York, US, on Monday, March 4, 2024.  Shelby Knowles | Bloomberg | Getty Images Target on Tuesday said it will launch a paid membership program next month, riffing off the playbook of its rivals Amazon and Walmart. The subscription-based program,

In this article STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT 2024 Dodge Charger Daytona Scat Pack EV Dodge DETROIT — Dodge won’t abandon its traditional, gearhead, high-octane Charger and Challenger owners with its next-generation muscle car. The automaker on Tuesday revealed the new Dodge Charger as an all-electric vehicle as well as a next-generation gas-powered

In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT The Target logo is seen on its store on 42nd Street in Times Square, New York City. Deb Cohn-Orbach | UCG | Universal Images Group | Getty Images Target will report its holiday-quarter results and year-ahead outlook on Tuesday. Here’s what Wall Street analysts surveyed

In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters Regional lender New York Community Bank may have to pay more to retain deposits after one of the company’s key ratings

In this article JBLU SAVE Follow your favorite stocksCREATE FREE ACCOUNT A JetBlue Airways plane sits on the tarmac at the Fort Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways and Spirit Airlines on Monday said they are ending their agreement to merge, weeks after losing

In this article AZN AZN-GB Follow your favorite stocksCREATE FREE ACCOUNT Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C., on Oct. 6, 2022. Anna Moneymaker | Getty Images A federal judge on Friday rejected AstraZeneca‘s legal challenge to Medicare’s new

In this article VKTX Follow your favorite stocksCREATE FREE ACCOUNT Cr | Istock | Getty Images Biotech company Viking Therapeutics has emerged as a strong potential entrant — or takeover target — in the budding weight loss drug market.  Viking is just one of several companies racing to join the growing space. Some analysts say

William Shatner attends the William Shatner handprint ceremony hosted by Legion M during 2022 Comic-Con International: San Diego at Theatre Box on July 21, 2022 in San Diego, California. Emma Mcintyre | Getty Images When Paul Scanlan and Jeff Annison first dreamed up their production studio, Legion M, they set out to build not just

In this article CVS WBA Follow your favorite stocksCREATE FREE ACCOUNT A container holding boxes of Mifepristone, the first medication in a medical abortion, are prepared for patients at Alamo Women’s Clinic in Carbondale, Illinois, April 20, 2023. Evelyn Hockstein | Reuters CVS and Walgreens will start selling the abortion pill mifepristone this month at

A “grapple test” of the OSAM-1 spacecraft’s robotic servicing arm. NASA NASA is shutting down a $2 billion project to test satellite refueling in space, it announced Friday, after the agency’s auditor criticized the program’s lead contractor, Maxar, citing “poor performance.” The space agency said in a statement that the OSAM-1 — On-orbit Servicing, Assembly,

The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021. Patrick T. Fallon | AFP | Getty Images In the nearly four years since the Covid-19 pandemic upended air travel, the largest U.S. airlines have returned to

In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters Regional lender New York Community Bank finds itself in an apparently worsening predicament just as the anniversary of last year’s banking

In this article SPR BA Follow your favorite stocksCREATE FREE ACCOUNT Airplane fuselages bound for Boeing’s 737 Max production facility sit in storage at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019.  Nick Oxford | Reuters Boeing is in talks to buy back Spirit Aerosystems, which makes fuselages for

In this article 9987-HK YUMC YUM Follow your favorite stocksCREATE FREE ACCOUNT A KFC restaurant in Wuhan, China. Source: Yum China While economists and investors fret over China’s low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese consumer is growing more rational — and has been for years.   Weighed

In this article TSLA F Follow your favorite stocksCREATE FREE ACCOUNT An all-electric Ford Mustang Mach-E at a Tesla Supercharger station charging. Ford DETROIT – Ford Motor is rolling out Tesla Supercharging capabilities to owners of its electric vehicles in the U.S. and Canada. The launch begins Thursday, but is expected to be supply constrained