Inaugural Vulcan rocket launch slated for Christmas Eve
United Launch Alliance plans to launch the inaugural flight of its Vulcan rocket on Christmas Eve, CEO Tory Bruno told CNBC’s Morgan Brennan on Tuesday. Bruno, speaking at the CNBC Technology Executive Council Summit, said the target window for Vulcan’s first launch runs from Dec. 24 through Dec. 26. The rocket will lift off from […]
UAW expands strike to crucial GM SUV plant in Texas
DETROIT – The United Auto Workers union on Tuesday expanded its strike against General Motors to a highly profitable full-size SUV plant in Texas — a swift response to healthy profits and record third-quarter revenue for the automaker. The Tuesday strike escalation includes roughly 5,000 workers at GM’s Arlington Assembly plant, which produces the Cadillac […]
Barclays drags down U.K. bank stocks after warning on net interest margins
Barclays led U.K. banking stocks lower on Tuesday, after the London-listed lender posted a sharp fall in third-quarter profits and warned that a strategic review would lead to large cost cuts. A weak performance by the investment banking division, relative to Wall Street peers, and narrowing profit margins at the U.K. consumer-focused operations saw group […]
Coca-Cola (KO) Q3 2023 earnings
A Coca-Cola truck in New York City. Alexi Rosenfeld | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations as consumers shook off higher prices for its namesake soda, Simply juice and other drinks. The company also hiked its full-year outlook. Coca-Cola shares rose more than 2% in premarket trading. […]
If you want to be a more climate-friendly traveler, try budget airlines
This article is reprinted by permission from NerdWallet. As someone who cares about my environmental impact and spending as little money as possible, life is full of fraught decisions. Should I buy organic milk even though it’s twice as expensive? Or choose an electric car for $40,000 rather than a friend’s run-down Corolla for $3,000? […]
I own a business under my girlfriend’s name. Can I buy an $800,000 property?
First off, I’m a complete beginner, I know next to nothing, and I’m expecting to be laughed at. Here’s my question: I’m currently living with my girlfriend. I’ve been looking for houses, and I’ve found a very nice quadplex that’s just been renovated. I run two businesses, but personally have no source of income. Here’s […]
Netflix takes slow approach to video games
It’s been nearly two years since Netflix first announced its foray into gaming. Yet, as Netflix has more than tripled its game library from 24 to 77 games in the last year, subscribers have largely shrugged their shoulders. This is all a part of the plan, though, according to Netflix. “This trajectory is not dissimilar […]
Israel-Hamas war sees investors shun most traditional havens, except for two
The Israel-Hamas war makes investors nervous, but hasn’t sparked a headlong rush into many of the assets that traditionally see huge inflows during periods of geopolitical crisis. While dwarfed by the tragic human consequences of the conflict, the market reaction has left some analysts and investors struggling to explain why so far only a few […]
UAW expands strike to Stellantis pickup truck plant in Michigan
United Auto Workers members rally outside Stellantis’ Ram 1500 plant in Sterling Heights, Mich. after the union called a strike at the plant on Oct. 23, 2023. Michael Wayland / CNBC DETROIT — The United Auto Workers union is expanding its strike to a Stellantis plant in Michigan that produces Ram 1500 full-size pickup trucks, […]
The stock market may be ignoring this ‘bad news’ as earnings get under way
BlackRock strategists aren’t holding their breath for U.S. corporate earnings to finally turn positive in the third quarter. While many investors have been hoping the S&P 500 index SPX will finally shrug off a string of negative quarters to post slightly positive earnings growth in the third quarter, a team of strategists at BlackRock Investment […]
