U.S. stock futures rose on Friday with the S&P 500 headed for its best week since April in a comeback from last week’s swoon induced by worries about a tighter Federal Reserve. Dow Jones Industrial average futures rose 89 points, or 0.3%. S&P 500 futures gained 0.1% and Nasdaq 100 […]
CNBC News
Virgin Galactic gets the green light from the FAA to fly passengers to space
VSS Unity is released from carrier aircraft VMS Eve during the launch of its third spaceflight on May 22, 2021. Virgin Galactic Virgin Galactic announced on Friday that the Federal Aviation Administration granted the company the license it needs to fly passengers on future spaceflights, a key hurdle as the […]
Driverless car firm Pony.ai hires JPMorgan executive as its first CFO
Pony.ai self-driving cars run along a road during a trial run on February 1, 2018 in Guangzhou, China. VCG | Visual China Group | Getty Images GUANGZHOU, China — Driverless car company Pony.ai has hired Lawrence Steyn, currently vice chairman of investment banking at JPMorgan, to be its first chief […]
Dow futures rise helped by Nike earnings, key inflation report ahead
U.S. stock futures rose in early morning trading on Friday after the S&P 500 closed at a record. Dow futures rose 89 points. S&P 500 futures and Nasdaq 100 futures were both in mildly positive territory. Nike‘s stock rose 14.1% in extended trading after the company reported earnings of 93 […]
Europe’s leaders disagree on Russia talks despite Biden-Putin meeting
Angela Merkel, Germanys chancellor, speaks with journalists as she departs a EU leaders meeting in Brussels, Belgium, on Friday, June, 25, 2021. Bloomberg | Bloomberg | Getty Images LONDON — France and Germany’s plans to restart talks with Russia have failed, as a number of other EU leaders remain skeptical […]
Big Oil’s increasing number of climate lawsuits draws parallels to Big Tobacco
Members of the environmental group MilieuDefensie celebrate the verdict of the Dutch environmental organisation’s case against Royal Dutch Shell Plc, outside the Palace of Justice courthouse in The Hague, Netherlands, on Wednesday, May 26, 2021. Shell was ordered by a Dutch court to slash its emissions harder and faster than […]
Amazon and Google face UK competition probe over fake reviews
The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via Getty Images LONDON — Britain’s competition regulator on Friday launched a formal probe into Amazon and Google over concerns they haven’t done enough to tackle fake reviews. “We are investigating concerns that Amazon and […]
Big Oil’s rise in climate lawsuits draws parallels to Big Tobacco
Members of the environmental group MilieuDefensie celebrate the verdict of the Dutch environmental organisation’s case against Royal Dutch Shell Plc, outside the Palace of Justice courthouse in The Hague, Netherlands, on Wednesday, May 26, 2021. Shell was ordered by a Dutch court to slash its emissions harder and faster than […]
Chinese Tesla rival Xpeng to raise up to $2 billion from Hong Kong listing
A Xpeng P7 electric car is on display during the 18th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 20, 2020 in Guangzhou, Guangdong Province of China. VCG | Visual China Group | Getty Images GUANGZHOU, China — Chinese electric carmaker Xpeng will raise up […]
The UK’s Covid vaccine program and delta surge means it’s now a test case for the world
12 years and older New Yorkers are getting vaccinated at the St. Anthony of Padua Roman Catholic Church in Bronx of New York City, United States on June 13, 2021. Tayfun Coskun | Anadolu Agency | Getty Images LONDON — The U.K. has one of the highest Covid-19 vaccination rates […]