Boeing’s Starliner capsule, named “Calypso,” encountered several unexpected delays and complications during its return from the International Space Station. The spacecraft was originally supposed to depart months earlier than it did, and initially, it was carrying two NASA test pilots, Butch Wilmore and Suni Williams, who were expected to return to earth aboard SpaceX’s Dragon
Business
The Green Bay Packers, a member of the National Football League (NFL), stand apart from the rest of the league in terms of ownership structure. Unlike other NFL teams that have private ownership, the Packers are the only team that operates under a publicly owned model. This unique arrangement has been in place for over
When Jerry Jones took over the Dallas Cowboys in 1989, the team was facing financial difficulties, but Jones wasted no time in turning things around. In a bold move, he immediately fired legendary coach Tom Landry and hired Jimmy Johnson, his former college football teammate. This decision set the tone for a series of innovative
Molson Coors recently announced a shift in its diversity, equity, and inclusion policies, joining a growing number of companies making similar changes. In an internal memo obtained by CNBC, the company revealed its decision to eliminate supplier diversity quotas, citing them as complex and influenced by factors beyond their control. The company executives emphasized the
Steph Curry, the basketball superstar known for his incredible shooting skills, is already laying the groundwork for his future beyond the court. In a recent interview with CNBC’s “Squawk on the Street,” Curry discussed his plans for life after basketball, which includes a range of business ventures and potential ownership of an NBA team. At
The restaurant industry has been hit hard by the ongoing struggles brought about by the Covid-19 pandemic. As consumer spending has decreased, many eateries have found themselves in financial distress. The latest bankruptcy filings reflect a broader trend of rising corporate bankruptcies across various sectors. A number of notable restaurant chains have had to file
The landscape of cannabis consumption in New York City has experienced a significant shift in recent years. Once confined to the shadows of illicit shops, legal cannabis sales have now infiltrated the luxury market on Fifth Avenue. Visitors can now peruse not only high-end jewelry and fashion, but also indulge in pre-rolled, locally grown marijuana
The Food and Drug Administration has recently authorized Novavax’s updated protein-based Covid vaccine for emergency use in individuals aged 12 and above. This approval opens up the opportunity for Novavax’s vaccine to compete with the Covid vaccines developed by Pfizer and Moderna during the upcoming fall and winter seasons. Novavax’s vaccine specifically targets the highly
Best Buy announced that it has raised its fiscal-year profit guidance, following better-than-expected earnings and revenue for the recent quarter. The retailer now anticipates full-year adjusted earnings per share in the range of $6.10 to $6.35, up from the previously projected range of $5.75 to $6.20. Although Best Buy increased its profit guidance, it adjusted
In the first half of 2024, the toy industry faced a challenging period due to inflation, leading to a sales slump. However, amidst this downturn, Lego managed to stand out by increasing its market share significantly. The CEO of Lego, Niels Christiansen, proudly announced that the company’s revenue surged by a remarkable 13% during the