In this article FOUR Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. Patrick T. Fallon | AFP | Getty Images Shares of payments processing company Shift4 surged in trading
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President Biden announced on Thursday, September 9, 2021, new steps designed to fight COVID-19 including a vaccination mandate for up to 80 million American workers. The mandate applies to companies with 100 or more employees and will be imposed by the Occupational Safety and Health Administration (OSHA), part of the Department of Labor (DOL). Under
In this article CNC Morsa Images | DigitalVision | Getty Images Company: Centene Corp. (CNC) Business: Centene operates as a multi-national health-care enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government-subsidized programs, including Medicaid, state children’s health
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 19, 2021. Brendan McDermid | Reuters The market, regardless of which index we use – S&P 500, Dow or Nasdaq – keeps climbing and making new highs. With that type of trajectory, we might assume that there are
Health care giant Johnson & Johnson (JNJ) will divide itself into two publicly traded companies. One will inherit J&J’s extensive portfolio of well-known consumer products, while the other will continue to develop, produce, and distribute pharmaceuticals, medical devices, and medical technology. Johnson & Johnson indicates that the transaction will take place sometime over the next
A view from a petrol station shows gas prices over $4, in Arlington-Virginia, United States on October 30, 2021. Yasin Ozturk | Anadolu Agency | Getty Images Stagflation fears have plagued investors in recent months, as prices start to rise in an economy that hasn’t quite picked up pace yet. But investors can employ a
Rafael Henrique | LightRocket | Getty Images A McKinsey partner was arrested Wednesday after being criminally charged with insider trading ahead of Goldman Sachs‘ recent $2.2 billion acquisition of fintech lender GreenSky. Puneet Dikshit, a 40-year-old McKinsey partner, exploited information he gained about his client Goldman Sachs’ pending takeover to buy profitable call options in
Since Meta (FB), formerly Facebook, launched its social network in 2004, its features have expanded significantly. The vision of its founder, Mark Zuckerberg, began as a way to take the social dynamics of a college campus and put them online. Key Takeaways Sending money through Facebook is simple: users simply need to enter a debit
The SpaceX Crew-3 astronauts stand on the transporter in front of the Crew Dragon and Falcon 9 stack inside the SpaceX horizontal processing facility at Kennedy Space Center in Florida on Oct. 26, 2021. SpaceX Elon Musk’s space company is set to launch the Crew-3 mission for NASA on Wednesday evening, in the fifth SpaceX crewed
[The webcast is scheduled to begin at 4:45 p.m. ET. Please refresh the page if you do not see the player above.] Elon Musk’s SpaceX is planning to launch four astronauts to the International Space Station from Florida on Wednesday, as the company keeps up a steady pace of crewed missions. Known as Crew-3, the
Hertz Global Holdings Inc., the car rental company, was delisted last year by the NYSE after rentals plunged at the start of the COVID-19 pandemic, pushing the company into bankruptcy protection. Now, Hertz’s fortunes are changing. The company this week listed its shares on the Nasdaq under the ticker (HTZ) just as the car rental
A prototype vehicle launches out of the company’s suborbital accelerator during its first test flight on October 22, 2021 at Spaceport America in New Mexico. SpinLaunch SpinLaunch, a start-up that is building an alternative method of launching spacecraft to orbit, last month conducted the successful first test flight of a prototype in New Mexico. The
NASA Administrator Bill Nelson speaks at a press briefing at the Kennedy Space Center in advance of the launch of the Boeing Starliner Orbital Flight Test 2. Paul Hennessy | LightRocket | Getty Images The National Aeronautics and Space Administration on Tuesday delayed its plans to return astronauts to the surface of the moon, announcing
A cost-of-living adjustment (COLA) is a purchasing-power protection mechanism provided to all monthly Social Security and Supplemental Security Income benefits. While a cost-of-living raise for Social Security recipients is technically “mandatory,” it does not mean there will be an actual increase every year: 2016 was one year when there wasn’t a raise, for example. By law,
Share prices for electric car company Tesla, Inc. (TSLA) slid by as much as 5% Monday morning after its CEO Elon Musk said he might soon exercise his stock options that are due to expire next year. Musk’s options do not qualify for preferential tax treatment, meaning that he could be on the hook for
In this article ETH.CM= BTC.CM= Global investor Mark Mobius on Wednesday called cryptocurrencies a religion, joining a chorus of digital coin skeptics at a time when bitcoin and ether are trading near all-time highs. “It’s a not an investment it’s a religion,” the founder of Mobius Capital Partners said on “Squawk Box.” “People should not
Jeff Bezos, left, and Elon Musk Getty Images; Reuters The U.S. Federal Court of Claims ruled against Jeff Bezos’ Blue Origin in the company’s lawsuit versus NASA over a lucrative astronaut lunar lander contract awarded to Elon Musk’s SpaceX earlier this year. Federal judge Richard Hertling sided with the defense in his ruling, completing a
You know a health savings account (HSA) helps pay for out-of-pocket medical costs, but it may surprise you to learn that this tax-advantaged account could be a superior retirement savings vehicle, too. It has become ingrained in us that we should max out our 401(k) or other workplace-defined contribution plan as the best way to
In this article F CZR SHOO Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters It seems each passing trading session brings a torrent of quarterly earnings and sharp swings for the stocks of the companies reporting results. Positive prints can have
CNBC’s Jim Cramer on Friday took comfort in a prediction by Dr. Scott Gottlieb that the pandemic phase of Covid could be over by January. “Dr. Gottlieb basically said the war’s over, and that’s just incredible,” Cramer said. Gottlieb, who had served as FDA chief under former President Donald Trump, is currently a Pfizer board
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