Virgin Orbit shuts down after bankruptcy sales
Bankrupt rocket company Virgin Orbit sold its assets and equipment to a trio of aerospace companies in an auction.
The intensity of methane emissions from oil and gas sector has declined, study finds
The intensity of methane and greenhouse gas emissions from the oil and gas sector declined 28% and 30%, respectively, between 2019 and 2021, a study found.
Former Fed Chair Ben Bernanke says there’s more work ahead to control inflation
A research paper notes that inflation has evolved since ballooning to a 40-year high in the summer of 2022.
These stocks are about to form a bullish golden cross pattern
CNBC Pro screened for the stocks that are approaching the golden cross, as well as those that are nearing the dreaded death cross.
Ron DeSantis will launch his presidential bid in a live event with Elon Musk
The Florida governor will announce he is running for president on Twitter Wednesday evening in a conversation with Musk.
Uber to offer autonomous ride-hailing and delivery services using Waymo’s robotaxis
Uber’s ride-hailing and delivery services will soon be offered by Waymo’s autonomous vehicles at least in the Phoenix, metropolitan area.
New HIV infections decline in U.S. but most people at risk are not receiving prevention drugs
Just 11% of Black people and 21% of Hispanics who face a high risk from the virus received drugs to prevent HIV infection.
Buy this construction stock for more than 20% upside, Bank of America says
The distributor and installer of insulation and building materials products will benefit from market consolidation, Bank of America says.
Nike CEO John Donahoe says brands need to stand by their values amid DeSantis, Disney feud
Nike CEO John Donahoe said during the inaugural CNBC CEO Council Summit it’s important for corporations to fight for the values integral to their brands.
Alibaba to cut 7% of workforce in its cloud unit as it pursues IPO for the division
Alibaba’s CEO Daniel Zhang has long-seen cloud computing as a key part of the e-commerce giant’s future.
