NASA delays crewed Artemis moon missions
The crew members of the Artemis 2 mission of the U.S. space agency NASA, left to right, Reid Wiseman Victor Glover, Christina Koch and Jeremy Hansen, stand at a press event in the ArianeGroup building. Hauke-Christian Dittrich | Picture Alliance | Getty Images NASA is pushing back the schedule for upcoming missions of its flagship […]
Boeing to revise 737 Max 9 inspection instructions
An Alaska Airlines Boeing 737 Max 9 aircraft is grounded at Los Angeles International Airport in California on Jan. 8, 2024. Eric Thayer | Bloomberg | Getty Images Aircraft manufacturer Boeing will revise inspection instructions for its 737 Max 9 planes after a panel blew out midflight last week during an Alaska Airlines flight and […]
At CES, Intel announces deal to buy Silicon Mobility SAS
Intel agreed to buy Silicon Mobility SAS, a fabless silicon and software company that develops system-on-chips for intelligent electric-vehicle energy management. The purchase is one of the plans Intel INTC, -0.83% announced at CES to bring its “AI everywhere strategy into the automotive market.” Silicon Mobility SAS is a portfolio company of Cipio Partners and […]
Boeing CEO admits 737 Max 9 ‘mistake’ after midair panel blowout
In this photo released by the National Transportation Safety Board, investigator-in-charge John Lovell examines the fuselage plug area of Alaska Airlines Flight 1282 in Portland, Oregon, on Jan. 7, 2024. National Transportation Safety Board via AP Boeing CEO Dave Calhoun on Tuesday said the company acknowledges “our mistake,” after a door plug on a 737 […]
Opinion: 10 predictions for stocks, crypto, AI, gold and bonds in 2024
Here are some markets, economy and stock predictions for 2024, including what would be a most unexpected outcome for the U.S. economy. First, a reminder: “The markets and the economy are not the same.” 1. AI continues to capture the world’s imagination: The biggest corporations start using artificial intelligence for real-world business purposes, including supply-chain management, distribution improvements […]
Honda teases new EVs with Space-Hub, Saloon concept cars
Honda Saloon concept electric vehicle Courtesy Honda Honda Motor revealed two concept cars Tuesday at the CES tech conference as a preview for a new lineup of electrified vehicles that will begin arriving in North America in 2026. The concept models are called the “Space-Hub” and “Saloon,” which the first production “Honda 0 Series” EV […]
Fed will let emergency loan program expire, top official says
The Federal Reserve has no plans to extend an emergency loan program it launched last year to bolster the capacity of the banking system in the wake of the collapse of Silicon Valley Bank. The Bank Term Funding Program will expire on March 11 as it reaches its original one-year time limit, Fed Vice Chair […]
NFL offers buyouts to more than 200 employees
Nick Laham | Getty Images The National Football League offered voluntary buyouts to at least 200 employees as it gears up for start of the playoffs this coming weekend, according to a memo obtained by CNBC. The NFL, which has about 1,100 employees, told staff that it is “continuously evaluating ways to enhance efficiency and […]
Abercrombie and Lululemon report early holiday results
Combination showing store signage from Abercrombie & Fitch and Lululemon stores. Getty Images Abercrombie & Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying they drew customers looking for holiday gifts and items for themselves in November and December. Yet, Wall Street greeted the news with varying levels of enthusiasm. […]
Bill Ackman opened a wormhole of plagiarism allegations — now his wife is in it
Billionaire hedge-fund manager Bill Ackman led the charge to push out Harvard’s president, Claudine Gay, amid charges of plagiarism. But now the recriminations have boomeranged, with reports that Ackman’s wife may have committed plagiarism in her dissertation. The reports in Business Insider late last week have triggered off a dizzying array of allegations from Ackman, […]
