Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023.Tayfun Coskun | Anadolu Agency | Getty ImagesAlaska Airlines said its plan to acquire Hawaiian Airlines has cleared the U.S. Justice Department after the period for antitrust regulators to finish an investigation of the deal ended without a lawsuit to block the transaction, eight months after the two carriers announced a $1.9 billion agreement to combine.The two airlines now have to win approval from the U.S. Transportation Department before the deal closes. It wasn’t immediately…
Author: usaeverydaylife
The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise.HMDHMD, the company behind Nokia-branded phones, launched a Barbie-branded phone Wednesday that comes with calls, texts and a classic “flip” design — but no internet or social media apps.The HMD Barbie Phone is a hot pink device that flips open and shut and sports a bold “Barbie” logo on the back, harking back to the iconic fashion doll collection.It is the result of a partnership with Mattel, the toymaking giant behind the Barbie franchise, which has produced and sold Barbie toys and accessories since 1959.The…
TOKYO, JAPAN – AUGUST 23: Bank of Japan Governor Kazuo Ueda attends a session in the financial affairs committee at the lower house of parliament on August 23, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images NewsThe Bank of Japan is widely expected to stick to its monetary policy tightening campaign as inflationary pressures in its capital city of Tokyo reaffirm the bank’s economic projections. But market participants remain divided over the timing of the next hike. “My money is on another rate hike in October,” Stefan Angrick, senior economist at Moody’s Analytics, told CNBC via email. He predicted that hike…
Shaoqing Ren, vice president, autonomous driving development, at Nio speaks about the electric company’s 5nm chip at its tech day in Shanghai on July 27, 2024.CNBC | Evelyn ChengBEIJING — Chinese electric car companies that are already engaged in an intense price war are turning up the heat on another front: Chip-powered tech features such as the driver-assist function.Nio and Xpeng have announced that their in-house designed auto chips are ready for production. So far, many of the major Chinese electric car makers have relied on Nvidia chips, with the company’s automotive chips business over the past few years bringing…
Salesforce shares rose 4% in extended trading on Wednesday after the business software maker reported robust fiscal second-quarter results that beat estimates and raised its full-year profit outlook.The company also said Amy Weaver, its chief financial officer, will step down. She will remain at the company as the CFO until a successor is appointed and, after that, will stay on as an advisor. Salesforce will consider internal and external candidates, Marc Benioff, the company’s co-founder, chair and CEO, said on a conference call with analysts. He said it was his idea to have Weaver take over the lead financial role…
There’s one figure in Nvidia ‘s earnings report that has some analysts worried: gross margins. The chipmaker fell 3% on Thursday even after topping Wall Street’s fiscal second-quarter estimates and issuing stronger-than-expected current-quarter guidance. Many analysts attributed the post-print move to a subpar forecast that failed to please elevated investor expectations , and a decline in gross margins (75.1% from 78.4%) as the company ramps new data center products. “We expect the stock to likely remain range bound through the next two quarters before Blackwell driven Y/Y sales and gross margin inflection in the Apr-Q,” wrote Citi’s Atif Malik, attributing…
The final trades of the day with the Fast Money traders. Source link
NASA administrators speak during a news conference to discuss plans to return two astronauts who remain stranded at the International Space Station, at Johnson Space Center in Houston, Texas, on August 24, 2024.Mark Felix | AFP | Getty ImagesNASA said on Friday it will replace two crew members for an upcoming SpaceX flight to accommodate the two astronauts aboard the International Space Station who had arrived on Boeing’s faulty Starliner capsule.NASA astronauts Butch Wilmore and Suni Williams, both former military test pilots who launched aboard the Starliner spacecraft in June, will replace Zena Cardman and Stephanie Wilson on the SpaceX…
Westend61 | Westend61 | Getty ImagesBetween rising costs for groceries and fuel, increased debt levels, and shrinking savings, people are having trouble seeing the overall economic growth reflected in their bank accounts. Our recent research with CNBC showed that the “vibecession” has a hold over many people, and now those sentiments appear to resonate with small business owners as well.The latest CNBC|SurveyMonkey Small Business Survey for Q2 2024 shows that small business owners are feeling little impact from stock market highs and are worried they will be left behind by policymakers who are more concerned with what happens on Wall Street…
Sarah Palin, 2008 Republican vice presidential candidate and former Alaska governor, arrives for her defamation lawsuit against The New York Times, at the U.S. Courthouse in the Manhattan borough of New York City on Feb. 14, 2022.Eduardo Munoz | ReutersA federal appeals court on Wednesday for the second time overturned the dismissal of a defamation lawsuit by former Alaska Gov. Sarah Palin against The New York Times, and ordered a new trial in the case.Palin, who was the Republican nominee for vice president in 2008, alleges she was defamed by a Times editorial in 2017 that suggested the 2011 shooting…
