Virgin Galactic’s carrier aircraft releases its spacecraft Unity during a glide flight test. Virgin Galactic Virgin Galactic delivered first quarter results after the market closed on Monday, announcing that it has yet to set a target date for its next spaceflight test, which the company previously planned for this month. “Timing of next flight test
Month: May 2021
Golden Globe trophies are set by the stage ahead of the 77th Annual Golden Globe Awards nominations announcement at the Beverly Hilton hotel in Beverly Hills on December 9, 2019. ROBYN BECK | AFP | Getty Images NBC will not air the Golden Globes awards in 2022, the network said Monday. “We continue to believe
bymuratdeniz | iStock | Getty Images If you haven’t filed your 2020 tax return, the clock is ticking. The deadline for 2020 returns is Monday, May 17. In March, the IRS pushed back the date for individual returns due to the coronavirus pandemic, giving most Americans an extra month to file. Even with the additional
In 2021, bitcoin and ether have seen huge rallies. In April 2021, the cryptocurrency market topped $2 trillion in value for the first time. Jaap Arriens | NurPhoto | Getty Images LONDON — Ether surged past $4,000 Monday to hit a new record high, extending a stunning rally for the world’s second-largest cryptocurrency. Ether, the
In addition to on-site yoga classes and ergonomic desks, companies may have a new wellness initiative up their sleeves — granting workers an annual period of remote work. Remote work has proved popular with many workers, with 54% of employees saying they want to keep working from home after the pandemic ends, according to
The art of making sacred candles has been passed down in Viviana Alávez’s family for 300 years. The craft nearly disappeared from the Oaxacan village of Teotitlan del Valle in the 1980s, but Viviana kept it alive with her innovative designs and break from tradition. Viviana does not have an online shop. She sells her
Mary Ann Sergeant Source: Kara Sergeant After a year of grappling with the pandemic, many baby boomers have made changes to their retirement plans. Mary Ann Sergeant, 65, spent more than 15 years working as a pharmacy technician at Anna Jaques Hospital in Newburyport, Massachusetts. She wasn’t planning to retire from the community hospital for
Jamie Dimon, JPMorgan Chase chairman and CEO, shared a bit of wisdom with Ohio State University graduates during his commencement address on Sunday. “I’m always hesitant to give advice, because it sounds like I did everything right,” Dimon said, “but I assure you, I did not.” To start, Dimon told the graduates about the importance
Michael Nagle | Bloomberg | Getty Images Futures contracts held steady at the start of the overnight session Sunday evening, suggesting that the major U.S. equity indexes could trade at or near records when regular trading opens in New York. Dow futures gained 35 points, while those linked to the S&P 500 rose 0.1%. Nasdaq
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal shares rose as much as 4% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected. Here’s how the company did: Earnings per share: $1.22, adjusted, vs. $1.01 per share
SpaceX founder Elon Musk gestures to the audience after being recognized by U.S. President Donald Trump at NASA’s Vehicle Assembly Building following the successful launch of a Falcon 9 rocket with the Crew Dragon spacecraft from pad 39A at the Kennedy Space Center Paul Hennessy | SOPA Images | Getty Images Elon Musk’s SpaceX will
Hiring was a huge letdown in April, but teenagers looking for summer gigs may be in luck. The Covid pandemic, of course, hit this group especially hard. Last summer, the unemployment rate for 16-to-24 year olds was 18.5%, about twice as high as the year before. (July is typically when youth employment peaks.) Now, heading into the
Harley Finkelstein, COO, Shopify Scott Mlyn | CNBC Investors should take note when an analyst becomes bullish on a stock after standing on the sidelines. It could signal the name is undervalued and poised for long-term growth. The stocks highlighted below have just been upgraded to Buy. As for the analysts handing out these upgrades,
Florida has recently attracted some of Wall Street and Silicon Valley’s biggest names like Keith Rabois, Elliot Management and Goldman Sachs. “For years, even though people would talk about moving, it really wasn’t cool among the wealthy to move to Florida. It was like, OK, you couldn’t hack it in New York, so you go
In this article ETH.CM= LTC.CB= BTC.BS=-USS Cameron Winklevoss, left, and Tyler Winklevoss David Paul Morris | Bloomberg | Getty Images Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is going all in on dogecoin. Starting Sunday, the Gemini app will let clients move their holdings in dogecoin into interest-bearing accounts through its Gemini
In this article UBER Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber beat estimates on the top line and dramatically improved its net losses in its first quarter, but missed on revenue. Shares were up around 1%
A woman wearing a protective face mask buys a bunch of flowers from a stall in Columbia Road flower market in east London on Mother’s Day, March 22, 2020. Daniel LEAL-OLIVAS | AFP | Getty Images This Mother’s Day, it’s more likely to be breakfast in bed, not an opulent buffet. Even though consumers are
As the 300-year-old union between Scotland and England strains under the pressures of Brexit and the pandemic, the FT’s Scotland correspondent Mure Dickie takes a road trip to gauge the mood ahead of parliamentary elections. Read more at https://on.ft.com/3tgKmSz #Scotland #Brexit #parliamentaryelections See if you get the FT for free as a student (http://ft.com/schoolsarefree) or
VCG | Visual China Group | Getty Images Maybe you’ve seen one too many headlines about the explosive rise in value of dogecoin, or heard one too many stories about someone making a life-changing profit off the cryptocurrency, and now you’re ready to get in. You might be thinking, so what if the coin started
A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Goldman Sachs has formally kicked off the cryptocurrency trading era on Wall Street. The bank informed its markets personnel on Thursday that a newly created cryptocurrency trading desk had successfully traded two kinds of
People have been on the move since the Covid-19 pandemic hit. With remote work at play, many are leaving expensive cities like New York, Los Angeles and Chicago for the suburbs or for more affordable cities like Austin, Phoenix or Nashville, according to a LinkedIn report. Rents prices across the country have been adjusting to
Henry McMaster, the governor of South Carolina. Eric Thayer/Bloomberg via Getty Images At least two states will soon kick workers off pandemic-era programs that expanded and raised unemployment benefits. The governors of Montana and South Carolina announced this week that they are ending their participation in the federal programs at the end of June. The
In this article TPR Customers walk past a Coach store at Shanghai New World Daimaru department store on August 12, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Coach owner Tapestry said Thursday that its fiscal third-quarter sales in North America returned to pre-pandemic levels, as demand for luxury goods rebounds
Jason Wallace (C), director of the District of Columbia’s Commission on Fathers, Men, and Boys, gets a little emotional support from DC Office of Nightlife and Culture Director Shawn Townsend (L) and Deputy Mayor John Falcicchio (R) as he gets a shot of the Johnson & Johnson coronavirus vaccine from DC Health Nurse Kendria Brown
Flood waters stream down the road in Muhlenberg Township, Pennsylvania, after a major storm last August. Ben Hasty | MediaNews Group | Getty Images Continuing climate change and soaring lumber costs are two things you may need to consider when it comes to your homeowners insurance. Whether you live in an area prone to hurricanes,
SEC Chairman Gary Gensler told CNBC on Friday the agency is looking into how commission-free retail brokerage apps encourage more stock trading and then make money off m the execution of those trades. “There is a little bit of a conflict of interest,” Gensler said on “Squawk Box,” one day after testifying about this issue
Former Theranos CEO Elizabeth Holmes attends pre-trial hearing in the U.S. government’s fraud case against her on May 5, 2021. CNBC Former Theranos CEO Elizabeth Holmes promised a technology breakthrough, but it was really a house of cards, prosecutors said during a court hearing on Wednesday. “Miss Holmes went out, told the world and told investors:
Packages containing a Green Dot Corp. prepaid Mastercard Inc. debit card and Visa Inc. debit card, left, are arranged for a photograph in Washington, D.C., U.S., on Thursday, Feb. 15, 2018. Andrew Harrer | Bloomberg | Getty Images Another corporation is leaving California. Green Dot, a fintech firm and biggest U.S. provider of prepaid debit
In this article DKNG DraftKings clock at UFC venue. Source: DraftKings Sports-betting company DraftKings reported better-than-expected loss per share and revenue for its first quarter, and raised its full-year revenue guidance. Shares were down more than 1% in the premarket after an initial pop on the report. Here are the key numbers: Loss per share: 36
In this article NUE CNC PENN DKNG The latest round of corporate earnings reports has demonstrated the importance of staying true to comprehensive stock analysis while not overreacting to the initial move in share price, CNBC’s Jim Cramer said Friday. “You can’t presume something’s wrong just because a stock sells off in response to earnings,
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