Rocket Lab’s stock dives after latest launch ends in failure
Shares of Rocket Lab USA Inc. dove Tuesday toward their ninth loss in 10 sessions after the spacecraft and rocket builder’s latest space-flight launch ended in failure. “Following liftoff from Launch Complex 1, the rocket successfully completed a first stage burn and stage separation as planned, before an issue was experienced at around T+ 2 […]
Disney to double investment in theme parks, cruises
Disney World celebrated its 50th anniversary in April 2022. Aaronp | Bauer-Griffin | GC Images | Getty Images Disney said in a securities filing Tuesday it will nearly double its planned investment to roughly $60 billion over the course of 10 years. Shares fell more than 2% in early trading. While the company is grappling […]
Gary Player says government should stay out of sports
Legendary golfer Gary Player thinks government and sports shouldn’t mix, as the golf world goes through a major merger that has triggered antitrust concerns. Speaking to CNBC at the Berenberg Invitational on Monday, the South African golfer said the two have become “too intertwined.” “We’ve got to get governments to stay out of sport. It’s […]
Hiking the Appalachian Trail, ice cream, street-fighting mathematics: There’s a class for that
Choosing a career path is tricky, especially when you are fresh out of high school. For the most part, though, we know the more traditional and popular degree programs: social sciences, history, engineering, psychology, communications, and education (to name a few). But what about the more obscure offerings? Walking, fermentation sciences and ice cream are […]
Hiking the Appalachian Trail, ice cream, street-fighting mathematics: There’s a class for that
Choosing a career path is tricky, especially when you are fresh out of high school. For the most part, though, we know the more traditional and popular degree programs: social sciences, history, engineering, psychology, communications, and education (to name a few). But what about the more obscure offerings? Walking, fermentation sciences and ice cream are […]
New York cracks down on illegal marijuana stores
A pedestrian passes a smoke shop in New York City on June 16, 2023. New York authorities are cracking down on unlicensed smoke shops that are selling cannabis. Spencer Platt | Getty Images News | Getty Images New York officials are ramping up efforts to stop the statewide proliferation of unlicensed smoke shops selling marijuana, […]
I am disabled and lost everything in my divorce. Can I avoid financial collapse?
I was involved in a workplace accident that rendered me disabled and recently received a lump sum of $185,000 after deductions for lawyer fees etc. In 2011, when I was injured, I was facing foreclosure and couldn’t take care of our minor children, so life for me fell apart. In 2014, I began collecting Social […]
Americans plan to cut spending through holidays, survey says
U.S. consumers have cut back on spending this year, and they plan to continue to do so through the holidays, a new CNBC-Morning Consult survey has found. The vast majority of adults (92%) have reduced their spending over the past six months, according to a poll fielded on behalf of CNBC by Morning Consult, a […]
Opinion: Buying this annuity guarantees that you’ll lose out on big money
I wrote recently that people who buy life insurance are effectively loaning money to insurance companies at around a 2.5% interest rate, which is a great deal for the companies and a lousy investment for the policyholders. Here’s something even worse: qualified longevity annuity contracts (QLACs), which are sold by insurance companies and other financial-service […]
Stellantis could close 18 facilities under deal
United Auto Workers members attend a solidarity rally as the UAW strikes the Big Three automakers on September 15, 2023 in Detroit, Michigan. Bill Pugliano | Getty Images DETROIT — The most recent contract proposal by automaker Stellantis to the United Auto Workers union could lead to the closure of 18 U.S. facilities, but it […]
