An RS1 rocket booster is shipped out of the company’s headquarters in El Segundo, California. ABL Space Rocket builder ABL Space on Monday announced the close of a $200 million round of funding from existing investors, bumping the private company’s valuation up to $2.4 billion. ABL’s latest financing is an expansion of the round raised
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Getty Images Having a relationship with your child based on empathy and mutual respect, also known as “gentle parenting,” can make them more confident, according to one popular childcare author. Sarah Ockwell-Smith, who wrote “The Gentle Parenting Book,” told CNBC via telephone that “gentle” parents have a good understanding of their child’s capabilities, so the
Owner Robert Sarver stands with the Western Conference Championship trophy after the Suns beat the LA Clippers to win the series in Game Six of the Western Conference Finals at Staples Center on June 30, 2021 in Los Angeles, California. The Suns beat the Clippers to advance to the NBA Finals. Harry How | Getty
Dak Prescott #4 of the Dallas Cowboys scrambles with the ball in the fourth quarter against the New England Patriots at Gillette Stadium on October 17, 2021 in Foxborough, Massachusetts. Maddie Meyer | Getty Images Sport | Getty Images The Dallas Cowboys haven’t won a Super Bowl in over 25 years. They’ve hardly even been
In this article SAM Boston Beer Chairman Jim Koch told CNBC on Friday the company decided to throw away excess supply of Truly hard seltzer, instead of discounting it, in response to a categorywide sales slowdown. “We were very aggressive about adding capacity, adding inventory, buying raw materials, like cans and flavors, and, frankly, we
A patient receives their coronavirus disease (COVID-19) vaccine booster during a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, U.S., September 29, 2021. Emily Elconin | Reuters Nearly 100 million people nationwide are immediately eligible to receive Covid booster shots after the Centers for Disease Control and Prevention authorized extra doses of Moderna and Johnson & Johnson‘s
In this article BNTX It was Jan. 24, 2020 when BioNTech CEO Uğur Şahin knew that Covid-19 was likely to become a global pandemic. Though it was over a month and a half before the World Health Organization officially declared a pandemic, Sahin met with his wife, BioNTech’s co-founder and chief medical officer Özlem Türeci.
Harvard University associate professor Dr. Joseph Allen argued in favor of pulling back on masking children in schools, especially as U.S. drug regulators are set to authorize the Covid-19 vaccine to kids ages 5 to 11. “We have to be careful that, if we don’t set firm deadlines, it’s easy to see how we can
In this article WMT Cars drive past a Walmart store in Washington, DC, on August 18, 2020. Nicholas Kamm | AFP | Getty Images Walmart‘s corporate employees will begin to return to the company’s Arkansas headquarters and other offices across the country in early November, according to a company-wide memo obtained by CNBC. In a
Caroline Nicolls receives an injection of the Moderna Covid-19 vaccine administered by nurse Amy Nash at the Madejski Stadium in Reading, England, on April 13, 2021. Steve Parsons | AFP | Getty Images LONDON — Months of data from the U.K.’s inoculation program have given deeper insight into how effective vaccines are against Covid-19. The
Firefighter Matt Smither is seen working alongside critical care nurses in the Intensive Care Unit at Queen Alexandra Hospital in Portsmouth, southern England. ADRIAN DENNIS | AFP | Getty Images LONDON — An increasing number of doctors in the U.K. are warning that the country, and its health service, are facing a renewed health crisis
In this article AAL LUV Southwest Airlines Chairman and CEO Gary Kelly (R) speaks alongside American Airlines chairman and CEO Doug Parker (L) following a meeting with other airline executives at the White House about extending economic assistance to the airlines, in Washington, DC, September 17, 2020. Saul Loeb | AFP | Getty Images Southwest
In this article TSLA The former president of electric vehicle giant Tesla said Thursday he would not bet against the company, noting that it’s emerging as a “formidable competitor” to automakers around the world after the company beat third-quarter earnings expectations. Currently not a Tesla investor, Jon McNeill told CNBC’s “Squawk Box” the stock is
In this article TSLA Close up of Tesla logo on a charger at a Supercharger rapid battery charging station for the electric vehicle company Tesla Motors, in the Silicon Valley town of Mountain View, California, August 24, 2016. Smith Collection/Gado | Archive Photos | Getty Images Tesla is changing the battery chemistry it uses in
In this article T Timothee Chalamet stars in Warner Bros.’ “Dune.” Warner Bros. “Dune” has long been considered unfilmable, but director Denis Villeneuve seems to have cracked the code on how to bring this sweeping narrative to the big screen. Previous versions of Frank Herbert’s 1965 science-fiction novel have struggled to capture the scope and
Jet fuel prices are rising to levels not seen since before the Covid pandemic and it’s set to drive up airfares, United Airlines CEO Scott Kirby said Wednesday. “Higher jet-fuel prices lead to higher ticket prices,” Kirby told CNBC’s “Squawk on the Street.” “Ultimately, we’ll pass that through.” United forecast average fuel costs of $2.39
Former Obama White House policy director Dr. Kavita Patel explained why the surging number of Covid cases in the United Kingdom could be a compelling argument for booster shots. “What’s happening is … this real world experiment where the efficacy of AstraZeneca is decreasing, and they haven’t rolled out their boosters,” Patel said during a
Senator Joe Manchin, a Democrat from West Virginia, gets into a vehicle following a vote at the U.S. Capitol in Washington, D.C., U.S., on Monday, Oct. 4, 2021. Stefani Reynolds | Bloomberg | Getty Images Democratic lawmakers are scrambling to negotiate alternative climate change proposals for President Joe Biden‘s massive budget plan, following West Virginia
Travelers wait to check in at the Southwest Airlines ticketing counter at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Kevin Dietsch | Getty Images Southwest Airlines has scrapped a plan to put unvaccinated employees who have applied for but haven’t received a religious or medical exemption on unpaid leave
A pedestrian wearing a face mask looks at a smartphone while passing in front of the New York Stock Exchange (NYSE) in New York, on Monday, July 20, 2020. Michael Nagle | Bloomberg | Getty Images A Minnesota general contractor pleaded guilty Thursday to a scheme to hijack dormant shell companies and then pump-and-dump their
Carrier aircraft VMS Eve takes off from Spaceport America in New Mexico, carrying spacecraft VSS Unity on July 11, 2021. Virgin Galactic Virgin Galactic is delaying the beginning of its commercial space tourism service to fourth quarter 2022, with the company on Thursday announcing a reorganization of its development and test flight schedule. The space
In this article HOLX AA SPCE Virgin Galactic’s space tourism rocket plane SpaceShipTwo returns after a test flight from Mojave Air and Space Port in Mojave, California, December 13, 2018. Gene Blevins | Reuters Check out the companies making headlines in after hours trading Virgin Galactic — Shares of the space company fell more than
Pittsburgh Penguins center Evan Rodrigues (9) has a break away and Tampa Bay Lightning goaltender Andrei Vasilevskiy (88) makes a save during the NHL Hockey match between the Tampa Bay Lightning and Pittsburgh Penguins on October 12th, 2021 at Amalie Arena in Tampa, FL. Andrew Bershaw | Icon Sportswire | Getty Images The National Hockey
Former President Bill Clinton Adam Jeffery | CNBC Former President Bill Clinton was hospitalized on Tuesday evening to receive treatment for a non-Covid related infection, according to his spokesman. Clinton’s spokesman Angel Urena said late Tuesday that the former president was admitted to UC Irvine Medical Center in California. “He is on the mend, in
Christian travelers visit Jerusalem to retrace Jesus’ final footsteps along the Via Dolorosa, Muslims to revere the Dome of the Rock, and Jewish people to insert written prayers into the cracks of the Western Wall. Some people do all three. Come December, travelers will have a new option available to them when visiting Jerusalem. They
People gather for picnics beside the Harbour Bridge in the suburb of Kirribilli on September 19, 2021 in Sydney, Australia. Covid-19 restrictions have eased for people in NSW who are fully vaccinated. James D. Morgan | Getty Images News | Getty Images Fully vaccinated Australians arriving in Sydney from overseas will no longer have to
U.S. President Joe Biden delivers remarks on the September jobs numbers in the South Court Auditorium in the Eisenhower Executive Office Building on October 08, 2021 in Washington, DC. Chip Somodevilla | Getty Images The Biden administration on Friday unveiled a government-wide plan to address the systemic threat climate change poses to all sectors of
The holiday island of Bali reopened to tourists from select countries Thursday in what Indonesian authorities have called a “baby steps” approach to resuming international travel. Indonesia closed its borders to foreign travelers some 18 months ago. Vaccinated tourists from 19 countries — including China, India, Japan, South Korea and New Zealand, as well as
In this article M People wear facemasks as they walk through Herald Square on January 8, 2021 in New York City. Angela Weiss | AFP | Getty Images Activist investor Jana Partners has taken a stake in Macy’s and sent a letter to the department store chain’s board on Wednesday urging it to separate its
Supply chain woes are plaguing many retailers, but a few stocks may be able to withstand the heat, two traders say. Though Bank of America named Yeti Holdings and Dick’s Sporting Goods its top fourth-quarter picks for their relatively low exposure to Vietnam’s supply issues, a catch-all play like Costco may be the better bet,
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