SpaceX’s Starship blew up. Elon Musk says it’s ‘barely a bump in the road.’
SpaceX CEO Elon Musk described the explosion of the company’s Starship spacecraft during its seventh flight test Thursday as “barely a bump in the road,” underlining the momentum behind the commercial space giant.
Medicare drug price negotiations list includes Ozempic
A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023. George Frey | Reuters The Biden administration on Friday unveiled the next 15 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off the second phase of a landmark process that aims […]
Target reports holiday sales early Q4 2024 earnings
Ugly Sweater display, OMG! Santa! I know Him! from the movie Elf, on display in Target store, Queens, New York. Lindsey Nicholson | Getty Images Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts. The big-box retailer […]
When market concentration bites. Europe’s GRANOLAs offer a lesson for U.S. investors, says Goldman.
Europe’s cream of the crop stocks have fallen on some tough times, and for U.S. investors, the lesson is clear, says Goldman Sachs.
Investors pitch NBA rival basketball league advised by Maverick Carter
Maverick Carter, co-founder and chief executive officer of The SpringHill Company, during the USC Next Level Sports Conference in Los Angeles, California, US, on Thursday, Oct. 17, 2024. Kyle Grillot | Bloomberg | Getty Images A group of high powered investors want to raise billions to form a new international basketball league, according to people […]
These tips for investing in mutual funds and ETFs help your portfolio go further
The new year is a good time to make long-term plans for your money and finances.
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
A Spirit Airlines plane at New York’s LaGuardia Airport Leslie Josephs/CNBC Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it filed for Chapter 11 bankruptcy protection in November. “These decisions were not made lightly, as we know they impact professional and personal lives,” […]
Small-cap ETFs went on a wild ride. Can they regain momentum after Trump takes office?
Small-cap ETFs have been on a roller-coaster ride in the first two weeks of the new year.
Starship rocket breaks up midflight, but SpaceX catches booster again
SpaceX’s mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, Thursday, Jan. 16, 2025. Eric Gay | AP SpaceX launched the seventh test flight of its Starship rocket on Thursday, but lost communication with the upper stage of the rocket that continues on into space. The company’s webcast showed data stopped transmitting from Starship about […]
Wall Street banks see deal activity picking up, even after record results
Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O’Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc Rowan, chief executive officer of Apollo Global Management LLC, and David Solomon, chief executive officer of Goldman Sachs Group Inc., during the Global Financial Leaders’ […]
