Richard Branson, founder of Virgin Group Ltd., speaks during an interview following Virgin Galactic Holdings Inc.’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Oct. 28, 2019.Michael Nagle | Bloomberg | Getty ImagesBoeing and Virgin Galactic have settled a lawsuit stemming from Boeing’s work on Virgin Galactic’s space tourism “mothership,” according to a Thursday filing in Virginia federal court.A docket entry in the U.S. District Court for the Eastern District of Virginia said the case had been resolved after a settlement conference held earlier that day.Virgin Galactic attorney Brett Williamson…
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The major averages ended Thursday on a down note as oil prices spiked. Here’s what CNBC is watching going into Friday. Source link
The Tokyo Tower, left, and commercial and residential buildings in Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Photographer: Akio Kon/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesSINGAPORE — Asia-Pacific markets are set to open lower on Friday, tracking losses on Wall Street, with concerns over Middle East tensions keeping investors on edge in the run up to September’s U.S. payrolls report.Futures for Australia’s S&P/ASX 200 stood at 8,215 points, slightly lower than the index’s last close of 8,205.2.Japan’s Nikkei 225 futures pointed to a weaker open for the market, with the futures contract in Chicago at…
Virtually all of the world’s supply of a mineral that is critical to semiconductor production comes from one tiny town in the foothills of the Blue Ridge Mountains that has been devastated by Hurricane Helene.Spruce Pine, North Carolina has no running water or electricity, more than a week after Helene ripped through the town of 2,200. Roads and railways in and out of the area are severely damaged, according to local officials.Mines in Spruce Pine produce the world’s purest form of quartz, which plays a central role in chip manufacturing.Now, the town’s exceedingly valuable supply of high-purity quartz is at…
At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses.Andrej Sokolow | Picture Alliance | Getty ImagesMeta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world’s second richest person.Zuckerberg’s net worth reached $206.2 billion on Thursday, according to the Bloomberg Billionaires Index, topping the $205.1 billion net worth of the former Amazon CEO and president. The Facebook co-founder now trails Tesla chief Elon Musk by roughly $50 billion, the index showed.With his 13% stake in Meta, Zuckerberg’s net-worth has risen by…
Follow live coverage of Buccaneers vs. Falcons on Thursday Night Football todayThe first quarter of the NFL season is in the books, and although there’s a lot of football left to play, you can sense things starting to fall into place for many teams (and developing concerns for others). Let’s take a look at some of the things we’ve learned after four weeks, and also award some superlatives.What we’ve learnedFit is everythingMinnesota Vikings quarterback Sam Darnold’s career resurrection is among the best stories of the young season. Cast off by the New York Jets and then Carolina Panthers, Darnold used…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailPerplexity CEO and Co-Founder Aravind Srinivas joins ‘Fast Money’ to talk its AI search strategy compared to Google, its growth plans, and potential for new features. Source link
An aerial view of the Dundalk Marine Terminal October 03, 2024 in Baltimore, Maryland. Anna Moneymaker | Getty ImagesA major union for U.S. dockworkers and the United States Maritime Alliance have agreed to a tentative deal on wages and have extended their existing contract through Jan. 15 to provide time to negotiate a new contract.The move ends a strike that had snarled East Coast and Gulf Coast ports since the beginning of the week and threatened U.S. supply of fruits, automobiles, and other goods. “The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. have reached a tentative agreement on…
U.S. President Joe Biden delivers remarks on new Administration efforts to cancel student debt and support borrowers at the White House on October 04, 2023 in Washington, DC.Kevin Dietsch | Getty ImagesThe Biden administration’s sweeping student loan forgiveness plan was temporarily blocked again Thursday by a Missouri judge, just one day after a federal judge in Georgia said he would let a restraining order against the relief expire.St-Louis-based U.S. District Judge Matthew Schelp, an appointee of Republican former President Donald Trump, issued the latest preliminary injunction against Biden’s relief plan.As a result of the order, the U.S. Department of Education…
In “The Last Dance,” ESPN’s documentary on the 1997-98 Chicago Bulls, Michael Jordan never actually said “And I took that personally.” That line is the stuff of memes, but Jordan did not utter it.What Jordan really said was this: “It became personal with me.” Maybe it’s a small difference, but the actual quote packs more of a punch.Read it again: “It became personal with me.” Instead of merely saying I’m offended by that, the context translates more to You’ve crossed into different territory now. You’ve awoken something inside of me.As even the most casual of sports fans know, that’s pretty…