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☆ People are trying to make sense of a new Alexander Wang ad that uses controversial celebrity lookalikes to promote its bags
▼ + stars: | 2024-05-29 | by ( Amanda Krause | ) www.businessinsider.com time to read: +1 min

Alexander Wang's new Instagram advertisement features celebrity lookalikes promoting its Ricco bags. People who resemble Taylor Swift, Beyoncé, Ariana Grande, and Kylie Jenner star in the video. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Instead, the brand recruited four social-media stars known for their sometimes uncanny, sometimes off-putting resemblances to A-list stars to highlight the popular product.

Persons: Alexander Wang's, Ricco, Taylor Swift, Ariana Grande, Kylie Jenner, — Organizations: Service

☆ Bloomsbury had its highest sales year ever thanks to Sarah J. Maas
▼ + stars: | 2024-05-29 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +4 min

Read previewBloomsbury Publishing is crediting fantasy author Sarah J. Maas for its record-setting sales year. AdvertisementAnd the company said that growth comes largely from one author: Sarah J. Maas. Bloomsbury's CEO credits fantasy author Sarah J. Maas with driving the publisher's growthIn a statement on its financial report, Bloomsbury's CEO Nigel Newton pointed to Sarah J. Maas as the source of much of the company's financial achievements for the year. Sarah J. Maas had massive sales over the last year. "Sarah J. Maas is a publishing phenomenon and we are very fortunate to have signed her up with her first book 14 years ago."

Persons: —, Sarah J, Maas, Nigel Newton, Newton, JK Rowling's, Harry Potter, Katherine Rundell's, Bloomsbury Maas, Rebecca Yarros, Carissa Broadbent Organizations: Service, Bloomsbury, Business, New York Times, Marvel, Wings Locations: Bloomsbury, children's

☆ Nvidia insiders reveal how Jensen Huang wants emails to be written
▼ + stars: | 2024-05-29 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Jensen Huang's emails run to no more than six lines, former Nvidia workers told Business Insider. They follow a "TL;DR approach" and the Nvidia CEO expects the same from his employees. AdvertisementJensen Huang has a distinctive way of writing emails and expects the same from Nvidia employees. Three former Nvidia workers said Huang's emails are usually concise, no more than six lines long, and he expects people to cut to the chase. This story is available exclusively to Business Insider subscribers.

Persons: Jensen, —, Jensen Huang Organizations: Nvidia, Business, Service Locations: Yorker

☆ Nasdaq closes at record high, Fed's Kashkari seeks more inflation data for rate cuts, GameStop soars
▼ + stars: | 2024-05-29 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The Dow Jones Industrial Average fell more than 200 points after hawkish comments from Minneapolis Federal Reserve President Neel Kashkari. Fed's Kashkari seeks more inflation dataThe Federal Reserve should wait for significant progress on inflation before cutting interest rates, Kashkari told CNBC on Tuesday. GameStop soarsShares of GameStop jumped more than 20% after the video game retailer announced it raised $933 million from a share offering. [PRO] Riding the AI boomCNBC's Todd Gordon analyzes a cybersecurity company that could benefit from investor enthusiasm for artificial intelligence-related stocks.

Persons: Neel Kashkari, Fed's Kashkari, Kashkari, Vasu Raja, Raja, Korea's, Hang Seng, Todd Gordon Organizations: CNBC, Nasdaq, Nvidia, Dow Jones, Minneapolis Federal, Federal, American Airlines, GameStop, Japan's Nikkei, China's CSI, International Monetary Fund Locations: Minneapolis, Asia, Pacific

☆ Samsung faces probe after two chip workers exposed to radiation, authorities say
▼ + stars: | 2024-05-29 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images)South Korean authorities are investigating Samsung, after assessing that two workers at one of the tech giant's plants were exposed to radiation. The two patients, who are hospitalized, were showing "abnormal" symptoms of radiation exposure in their fingers, the Nuclear Safety and Security Commission in South Korea said in a Google-translated statement on Wednesday. The prospective radiation exposure incident took place at Samsung's Giheung plant, which is around 25 miles south of the South Korean capital of Seoul. The exact cause of the radiation exposure is not known at this time, with the Nuclear Safety and Security Commission carrying out an ongoing probe.

Persons: Joan Cros Organizations: Samsung, Mobile, Getty Images, Nuclear Safety, Security Commission, CNBC Locations: Barcelona, Spain, South Korea, Samsung's, Seoul

☆ How to Reverse America's Urban Doom Loop: Use Abandoned Steam Pipes
▼ + stars: | 2024-05-28 | by ( Adam Rogers | ) www.businessinsider.com time to read: +9 min

Instead, it's drawing a feed of blistering, high-pressure, vaporized water from a century-old loop of steam pipes that runs beneath the city's streets. Like dozens of cities, New York has a loop of steam pipes under its streets that could help reverse the urban doom loop. Lindsey Nicholson/UCG/Universal Images Group via Getty ImagesIn July, Vicinity is installing what will be the nation's first zero-carbon urban steam loop. AdvertisementThe most convincing evidence that steam loops make economic sense comes from who's getting into the district-energy game. Meaning: Can we use steam loops to fix the urban doom loop before the climate doom loop dooms us all?

Persons: I've, Nobody, Francisco, Kevin Hagerty, Lindsey Nicholson, Blake Ellis, Burns, McDonnell, Tim Danz, it's, Danz, Hagerty, Decarbonizing, COVID, Costa Samaras, They'll, Adam Rogers Organizations: California, Vicinity Energy, Getty, Cal, Antin Infrastructure Partners, KKR, Scott Institute for Energy, Innovation, Carnegie Mellon, Business Locations: Francisco, California, New York City, Boston, Washington, New York, England, Chicago, Miami, San Diego, Portland, Milwaukee

☆ CNBC Daily Open: Musk's artificial intelligence start-up raises $6 billion
▼ + stars: | 2024-05-28 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia's stock rose 2.6% on Friday, contributing to a 15% surge for the week, while the Nasdaq led major indexes with a 1.41% weekly gain. Nvidia CEO's net worth soarsNvidia CEO Jensen Huang's net worth soared to over $90 billion as better-than-expected earnings sent the company's stock soaring to a record high. Last Thursday, the stock rose more than 9% to close at nearly $1,038 per share.

Persons: Elon Musk, The Beverly Hilton, Jensen, Huang, Glass Lewis, Obama, Weizhen Tan Organizations: SpaceX, Tesla, The Beverly, CNBC, Nasdaq, Dow Jones, Treasury, Nvidia, Investors, Google, Nikkei, Bank of Japan's, CSI Locations: Beverly Hills , California, U.S, Texas, Asia, Pacific

☆ CNBC Daily Open: Musk's AI start-up raises $6 billion
▼ + stars: | 2024-05-28 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia's stock rose 2.6% on Friday, contributing to a 15% surge for the week, while the Nasdaq led major indexes with a 1.41% weekly gain. Nvidia CEO's net worth soarsNvidia CEO Jensen Huang's net worth soared to over $90 billion as better-than-expected earnings sent the company's stock soaring to a record high. Last Thursday, the stock rose more than 9% to close at nearly $1,038 per share. Google AI Overview misfiresGoogle's "AI Overview" feature in search is facing criticism for producing incorrect or controversial responses.

Persons: Jensen, Huang, Glass Lewis, Elon Musk, Obama, Eli Lilly, Eli Lilly's, Weizhen Tan Organizations: CNBC, Nasdaq, Dow Jones, Treasury, Nvidia, Investors, Google Locations: Texas, Indiana

The Melbourne skyline is reflected in the Maribyrnong River in the early morning light on April 18, 2023. Asia-Pacific markets were range bound on Tuesday as investors assess comments from the European Central Bank officials signaling that rate cuts may be on the horizon for the world's largest economic bloc. Japan's Nikkei 225 also was trading close to the flatline, with the broad based Topix also near flat. In a speech Monday, Olli Rehn, ECB governing council member and head of Finland's central bank, stressed inflation in the euro area was falling in a "sustained way." Inflation in the euro zone held steady at 2.4% in April, marking the seventh straight month it has been below 3%, despite a slight rebound in December.

Persons: Kospi, Olli Rehn Organizations: European Central Bank, Nikkei Locations: Melbourne, Maribyrnong, Asia, Pacific, Australia

☆ Russian experts were guiding North Korea's space program ahead of Pyongyang blowing up its latest satellite: South Korean report
▼ + stars: | 2024-05-28 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

And that was despite Russian space experts recently arriving to guide North Korea's space program, South Korean news agency Yonhap reported a day before the failed launch, citing a senior defense official who was not named. It's unclear exactly how many technicians were sent to North Korea, when they might have arrived, or how they might have advised Pyongyang. Yonhap reported that North Korea's space rockets also likely face issues with their second and third-stage engines. South Korea has for months said that North Korea's sole successful satellite launch of 2023 came off the back of Russian assistance. The US Indo-Pacific Command noted that Pyongyang's Monday launch appeared to use technology related to North Korea's ballistic missile program.

Persons: —, Yonhap, Vladimir Putin, it's Organizations: Service, Korea, Business, South Korean, Russian Ministry of Foreign Affairs, Business Insider, North, Pacific Command, United Nations Locations: Korean, North Korea, Pyongyang, Russia, North, Ukraine, Moscow, South Korea, Seoul

☆ China is flexing its missile arsenal in a new simulation for a mass Taiwan attack as the US watches Beijing's Rocket Force closely
▼ + stars: | 2024-05-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Read previewChina's Eastern Theater Command on Friday released a simulation video of its missile forces carrying out a mass attack on Taiwan, boasting its land, sea, and air launch capabilities. "Destroy the pillar of Taiwanese independence! Strike the base camp of Taiwanese independence! Related storiesBeijing's missile forces have developed rapidly in recent years, alarming US officials who are now scrutinizing its arsenals and assets. Taiwan, recognizing the Chinese missile threat, has been stocking up on US-manufactured Patriot missiles.

Persons: —, CapwDFZyds, They're, Lai Ching, Lai, Tsai Ing Organizations: Service, Command, Business, People's Liberation Army, PLA, Taiwan, Pentagon, Liberation Army Rocket Force, Eastern Theater Command, Patriot, Coast Guard, Navy, Democratic Progressive Party Locations: Taiwan, Taipei, Hualien, Kaohsiung, China, Beijing

Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Asia-Pacific markets rose Monday as industrial profits in China rose during the first four months of the year, according to official data. China's industrial profits rose 4.3% year on year in the January to April period, data from the National Bureau of Statistics showed. More economic data from China and India is also due later this week. Australia will also announce its inflation data for April on Wednesday, with analysts from ING expecting a "modest dip."

Persons: Hong Organizations: National Bureau, Statistics, ING Locations: Shanghai, China, Asia, Pacific, India, Australia

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Persons: we've, you'll, you've, fryer, Braun, Fryer, Ninja's, Ninja, Crisp, Pick, It’s, Max, Casper, Pillow, Topper, Allbirds Organizations: Business, Apple, Day, Samsung, Walmart, Samsung TV, Amazon Sony, Amazon Samsung, Amazon, DreamCloud Sealy, Amazon ., Shop, Ninja, Sony, JBL Bluetooth, Amazon Beats, Amazon Apple, JBL, Haven, Elm, Flyers Locations: Brooklyn, France, Chewy

☆ I dined on my first tasting menu on a recent trip to Panama. The splurge is my new favorite way to explore as a solo traveler.
▼ + stars: | 2024-05-26 | by ( Monica Humphries | ) www.businessinsider.com time to read: +6 min

This was my first night in the country, and it was also my very first tasting menu. He said 90% of the restaurant's ingredients are locally sourced, which means the menu changes throughout the year to highlight peak produce. The tasting menu was a great way to solve this dilemma. Plus, a tasting menu took the stress out of ordering. I'll admit that not every course on Intimo's tasting menu catered to my preferences; next time, I'll order the bass in Caribbean curry over the guacho.

Persons: —, I've, Restaurante, Monica Humphries, Carlos, Chombolín, Intimo, Alba, it's Organizations: Service, Business, ceviche Locations: Panama City, Tokyo, Panama, Alba, leche de tigre, Peruvian, Boquete, Panamanian, Caribbean

☆ Yellen sees no 'showstoppers' on G7 Ukraine loan backed by Russian asset earnings
▼ + stars: | 2024-05-25 | by ( ) www.cnbc.com time to read: +2 min

U.S. Treasury Secretary Janet Yellen attends an interview with Reuters Editor in Chief Alessandra Galloni in Washington, U.S., April 25, 2024. U.S. Treasury Secretary Janet Yellen said on Friday that she does not see "any showstoppers" in her discussions with fellow G7 finance ministers about a larger loan to Ukraine backed by the income of frozen Russian sovereign assets. Yellen told Reuters in an interview on the sidelines of a G7 finance leaders meeting that not all of the technical details of the loan proposal need to be worked out this weekend. G7 leaders are due to meet next month in Puglia, southern Italy. "I think there is a general view that we should express a common set of concerns to China," she said.

Persons: Janet Yellen, Alessandra Galloni, Yellen, I've Organizations: Treasury, Reuters, U.S . Treasury, Ukraine Locations: Washington , U.S, Ukraine, Stresa, U.S, Puglia, Italy, Japan, Germany, France, Britain, China

☆ Nvidia CEO Jensen Huang's net worth swells from $3 billion to $90 billion in five years
▼ + stars: | 2024-05-24 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Jensen Huang, co-founder and CEO of Nvidia, during the Nvidia GPU Technology Conference in San Jose, California, on March 19, 2024. Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday's rally, which pushed the stock to a record, his holdings now stand at more than $90 billion. Nvidia shares have more than doubled this year after tripling in 2023. OpenAI does most of its AI development on Nvidia GPUs.

Persons: Jensen Huang, Huang, OpenAI Organizations: Nvidia, Technology, Microsoft, Google, Meta Locations: San Jose , California

☆ CNBC Daily Open: Dow's worst day in 2024, Nvidia shares pop
▼ + stars: | 2024-05-24 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Dow sinks 600 pointsThe Dow Jones Industrial Average suffered its worst day of the year, dropping over 600 points on Thursday. Nvidia's blockbuster earnings and guidance failed to prop up markets, with more than 400 stocks on the S&P 500 trading lower. Nvidia popsShares of Nvidia soared as much as 11% after the AI chipmaker's earnings that beat Wall Street's estimates. Wall Street analysts are revising their price targets for Nvidia upwards after its blowout earnings and guidance.

Persons: Dow, Musk, Elon Musk, he's, Joe Biden, Tesla, Karen Tso, Brian West, Korea's Kospi Organizations: CNBC, Dow Jones, Boeing, Dow, Nasdaq, Treasury, Nvidia, Nikkei, Bank of Japan, Samsung Electronics, Samsung, CSI, Wall, Microsoft Locations: China, Asia, Pacific, Japan

☆ China's military isn't just putting on a show of force. It's rehearsing for the real deal, an assault on Taiwan.
▼ + stars: | 2024-05-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewChina's large-scale military drills around Taiwan aren't just a show of force in response to the remarks of the democratic island's new president. China says the joint force live-fire exercise, lasting two days, is a test of its ability to launch a full-scale, lethal assault on Taiwan and ultimately force it to succumb to Beijing's rule. An outdoor screen shows a news coverage of China's military drills around Taiwan, in Beijing on May 23, 2024. AdvertisementA screen grab captured from a video shows the Taiwan army conduct military exercise following China's large-scale joint military drill around Taiwan on May 23, 2024. The use of force against Taiwan could take different forms, from an all-out assault to something like a blockade.

Persons: —, It's, Stephen McDonell, Z1FdXUvXmN, JADE GAO, Party's Lai Ching, Lai Organizations: Service, Taiwan aren't, Business, People's Liberation Army, BBC China, China Central Television, People’s Liberation Army, Eastern, Command, Getty, China's Air Force, Navy, Coast Guard, Democratic, Taiwan's Military News Agency, Anadolu, Getty Images Locations: Taiwan, China, Beijing, Taiwan's, Getty Images Beijing

☆ Ether slips after SEC opens the door to ether ETFs, still heads for best week in more than a year
▼ + stars: | 2024-05-24 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

It's holding on to its weekly gain of 20%, and is on pace for its best week in more than a year. Earlier this week surged more than 20% over two days, as expectations of an SEC approval of ether ETF applications changed abruptly. By contrast, in the weeks leading up to approvals for bitcoin ETFs, the SEC was reported to be engaging actively with fund issuers. Coinbase , which may be a beneficiary of ether ETFs, was more than 1% in premarket trading, while Robinhood nearly 1%. Cryptocurrency prices, including ether's, may also be tempered by the Thursday afternoon stock market sell-off.

Persons: Rachel Lin, Ether, Alex Saleh, Coinbase, bitcoin Organizations: Metrics, Securities and Exchange Commission, SEC

☆ The European housing crisis warping millennial life: The average Croatian lives with parents until 33
▼ + stars: | 2024-05-24 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +9 min

According to Eurostat, the EU statistical office, the average Croatian leaves their parents' home at over 33 years of age, its highest figure. Joshua Zitser/Business InsiderIn the US, almost everyone has moved out by then. Joshua Zitser/Business InsiderWhile tourism brings economic opportunities for Vukovic and many others, he says it has also worsened the already dysfunctional housing market. But in parts of Dubrovnik, Vukovic explained, that's not feasible. Joshua Zitser/Business InsiderFor Josip Crncevic, 34, prices feel far out of reach.

Persons: —, Joshua Zitser, Malohodžić, Ivan Vukovic, Vukovic, Filip Brkan, that's, Josip Crncevic, Crncevic, homeownership, it's, he'd, Marija, Sanja, Angelo, Cikato, Diana Marlais, Bogdan Dascalescu, wouldn't Organizations: Service, Croatian, Business, Eurostat, BI, UNESCO, Heritage, King's, Real Estate Business Association of, Croatian Chamber Locations: Dubrovnik's, Croatia, Dubrovnik, Independence, HBO's, Dubrovnik's suburbs, Marija

☆ China wants its nepo-baby and get-rich-quick influencers gone
▼ + stars: | 2024-05-24 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

China's biggest social media platforms launched a synchronized crackdown on parading wealth last week, removing thousands of posts and punishing dozens of influencers for promoting "bad values." Showing luxury services or goods to exaggerate how one can earn "millions in a month," achieve financial independence or start a lucrative business from scratch. Xu claimed that the barred influencers grew their fame by "showing off their wealth" and, in turn, became rich by selling products on livestreams. AdvertisementMore recently, common prosperity has evolved into a crackdown on "excessive wealth," with the central government stepping up regulations on private industry giants and wealthy families. Beijing seems to have toned down its rhetoric of common prosperity as its economy struggled in the post-COVID era.

Persons: —, Xu Qiuying, Xu, Xi Jinping, laud Organizations: Service, Business, Twitter, Weibo, Beijing, Central Cyberspace Affairs Commission, China's Locations: China, Weibo, Xiaohongshu, Beijing

☆ China's war drills around Taiwan enter Day 2. Here's what it means for cross-strait relations
▼ + stars: | 2024-05-24 | by ( Sumathi Bala | ) www.cnbc.com time to read: +5 min

Members of Taiwan's military conduct routine exercises at Liaoluo Port in Kinmen on May 24, 2024. (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty ImagesChina's latest military exercises around Taiwan risk escalating cross-strait tensions — but war remains unlikely, political observers say. Beijing warned that the two-day drills, which continued on Friday, were aimed at punishing the island's new President Lai Ching-te for his "hostility and provocations." The drills are "legitimate, timely and entirely necessary," as acts of "Taiwan independence" in any form "cannot be tolerated," it added. "This pretext for conducting military exercises not only does not contribute to peace and stability across the Taiwan Strait, but also highlights its hegemonic nature," the ministry said.

Persons: HWA CHENG, Cheng, Lai Ching, Lai, Xi Jinping, China's, Lai —, Wang Yi, Nancy Pelosi's, Xi, Joe Biden, Gabriel Wildau Organizations: HWA, Getty, Afp, Xinhua, Atlantic, China's Ministry of National Defense, Liberation Army, PLA, Eastern, Command, U.S ., Fujian, Guard, U.S, APEC, Teneo Intelligence, Republicans Locations: Liaoluo, Kinmen, China, Taiwan, AFP, Beijing, Eurasia, Republic of China, People's Republic of China, United States, U.S

☆ See inside Callendar House, the 14th-century Scottish mansion where 'Outlander' was filmed
▼ + stars: | 2024-05-24 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +1 min

Callendar House in Falkirk, Scotland, was a filming location for 'Outlander' season two. The mansion dates back to the 14th century and was home to the powerful Livingston family. AdvertisementFans of "Outlander" can visit an ancient Scottish mansion where part of the series was filmed — and it won't cost a penny. Callendar House in Falkirk, Scotland, was used as a filming location in season two of the historical drama series. Dating back to the 14th century, Callendar House was once home to the Livingston family, one of the most powerful noble families in Scotland.

Persons: Livingston, —, Callendar Organizations: Service, Business Locations: Falkirk, Scotland, Callendar

People enjoy food and drink at an izakaya bar near Yurakucho Station on June 05, 2020 in Tokyo, Japan. Hong Kong stocks led losses in Asia Pacific on Friday after Wall Street tumbled overnight on rate worries, while investors also digested inflation data from Japan. Hong Kong's Hang Seng index fell 1.71%, while mainland China's CSI 300 dropped 1.11% to end at 3,601.48. In South Korea, the Kospi ended 1.26% lower at 2,687.60, dragged by heavyweight Samsung Electronics, while the small-cap Kosdaq lost 0.85% to close at 839.41. Heavyweight chipmaker Samsung Electronics shares fell 3.07% after Reuters reported that the South Korean tech giant's latest high bandwidth memory (HBM) chips are not yet ready for use by U.S. chipmaker Nvidia.

Organizations: CSI, Samsung Electronics, Reuters, South, Nvidia Locations: Yurakucho, Tokyo, Japan, Hong Kong, Asia Pacific, Hong, South Korea, South Korean

☆ Boeing, NASA say Starliner astronaut launch will move forward despite spacecraft helium leak
▼ + stars: | 2024-05-24 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Boeing and NASA are moving forward with the launch of the company's Starliner capsule, set to carry U.S. astronauts for the first time, despite a "stable" leak in the spacecraft's propulsion system. "We are comfortable with the causes that we've identified for this specific leak," Boeing Vice President and manager of the company's Commercial Crew program, Mark Nappi, said during a press conference on Friday. "We know we can manage this [leak], so this is really not a safety of flight issue," Nappi added. Boeing is now targeting June 1 for the first crewed launch of its spacecraft, with backup opportunities on June 2, June 5 and June 6. To date, Boeing has eaten $1.5 billion in costs due to Starliner setbacks, in addition to nearly $5 billion of NASA development funds.

Persons: Mark Nappi, Nappi Organizations: National Aeronautics and Space Administration, NASA, United Launch Alliance, Boeing's, NASA's Boeing, Cape Canaveral Space Force, Boeing, International Space Locations: Florida

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