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☆ SpaceX president says 'there is plenty of room for competition,' as Starlink nears 5 million customers
▼ + stars: | 2024-11-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

SpaceX President and Chief Operation Officer Gwynne Shotwell speaks during the NASA Commercial Crew Program (CCP) astronaut visit at the SpaceX headquarters in Hawthorne, California, U.S., on Monday, Aug. 13, 2018. … It keeps us tight; it keeps us very focused," SpaceX President and COO Gwynne Shotwell said, speaking at the 2024 Baron Investment Conference in New York. The next closest U.S. rocket company, Rocket Lab , has launched to orbit 12 times this year, with others in the single digits. And SpaceX's Starlink satellite internet network is now serving almost 5 million customers, Shotwell said. With nearly 7,000 Starlink satellites in orbit, SpaceX has expanded Starlink's product offerings from consumers into enterprise markets such as aviation and maritime.

Persons: Gwynne Shotwell, SpaceX's, Shotwell, Starlink Organizations: SpaceX, NASA, Program, CCP, Elon, Baron Investment Conference, Rocket, Department of Defense, U.S, International Locations: Hawthorne , California, U.S, New York

☆ U.S. finalizes $6.6 billion chips award for TSMC ahead of Trump return
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: +1 min

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP)The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit for semiconductor production in Phoenix, Arizona. The binding contract — after a preliminary agreement announced in April — is the first major award to be completed under the $52.7 billion program created in 2022. In April, TSMC agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030. TSMC also agreed to use its most advanced chip manufacturing technology called "A16" in Arizona.

Persons: Amber Wang, —, Donald Trump, TSMC, naysayers, Gina Raimondo Organizations: Taiwan Semiconductor Manufacturing Company, Center, U.S . Commerce Department, Taiwan Semiconductor Manufacturing Locations: Hsinchu, AFP, Phoenix , Arizona, Arizona, United States

☆ American tourist arrested in Japan for allegedly defacing Tokyo shrine gate
▼ + stars: | 2024-11-15 | by ( Junko Ogura | Karla Cripps | ) edition.cnn.com time to read: +2 min

CNN —A 65-year-old American tourist has been arrested in Japan for allegedly carving letters into a torii gate at a Tokyo shrine. The suspect, Steve Lee Hayes, was arrested Wednesday on suspicion of property damage, a Tokyo Metropolitan Police spokesperson told CNN. Police said the man allegedly defaced the pillar of a shrine gate in Tokyo’s Shibuya Ward on Tuesday, “carving the alphabet with his fingernails.”According to public broadcaster NHK, five letters – believed to be the tourist’s family name – were allegedly etched into a gate pillar at Tokyo’s Meiji Shrine. Located adjacent to the city’s sprawling Yoyogi Park, Meiji Shrine first opened in 1920 and was dedicated to Emperor Meiji and Empress Shoken. A closeup image of scratches on a torii gate at Meiji Shrine, taken on November 14, 2024.

Persons: Steve Lee Hayes, –, Emperor Meiji, Shoken, Yuichi Yamazaki Organizations: CNN, Tokyo Metropolitan Police, Police, NHK, . Police, Meiji, Mount Fuji, UNESCO Locations: Japan, Tokyo, Tokyo’s Shibuya Ward, Meiji, AFP, Kesennuma, Nara

☆ Frances Tiafoe: US tennis star fined $120,000 for repeatedly swearing at a chair umpire
▼ + stars: | 2024-11-15 | by ( Ben Church | ) edition.cnn.com time to read: +1 min

CNN —Frances Tiafoe has been fined $120,000 for his profanity-laden outburst at a chair umpire during the Shanghai Masters last month. The incident occurred at the Shanghai Masters in October during Tiafoe’s defeat to Russian Roman Safiullin. Dude, that’s the rule,” Tiafoe could be heard saying towards chair umpire Jimmy Pinoargote, arguing that he had thrown the ball in the air for a serve. In response, Pinoargote said: “I’m not buying it, it’s the second serve,” before also announcing it was Tiafoe’s second serve on the microphone. “That’s not acceptable behavior and I want to apologize to the umpire, the tournament and the fans.”

Persons: Frances Tiafoe, tennis –, Tiafoe, ”, Jimmy Pinoargote, Pinoargote, “, Safiullin, ” Tiafoe, Instagram Organizations: CNN, Shanghai, tennis, Shanghai Masters, ” Locations: Russian

☆ Older voters prioritized personal economic issues, helped Republicans win on Election Day, new AARP poll finds
▼ + stars: | 2024-11-15 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

the answer for many older voters ages 50 and over was "no," according to a new post-election poll released by the AARP. Almost half — 47% — of voters ages 50 and over said they are "worse off now," the research found, while more than half — 55% — of swing voters in that age cohort said the same. Among voters 50 to 64, Trump won by seven points. With voters ages 65 and over, Vice President Kamala Harris won by two points. Interviews were conducted with 2,348 "likely voters" in targeted congressional districts following Election Day between Nov. 6 and 10.

Persons: Donald Trump, Trump, Kamala Harris, Fabrizio Ward, Bob Ward, Ward Organizations: AARP, Finance, Research, Republican Locations: Bethlehem , Pennsylvania

☆ China retail sales beat forecasts in October while real estate slump worsens
▼ + stars: | 2024-11-15 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — China's retail sales rose more than expected in October, while industrial production and investment data missed forecasts as the real estate drag worsened. Industrial production rose by 5.3% in October from a year ago, missing expectations of 5.6% growth. Investment in real estate for the January to October period fell by 10.3% from a year ago, steeper than the 10.1% drop seen in the January to September period. While infrastructure and manufacturing investments picked up slightly in the year-to-date period as of October, versus that of September. The central bank has cut interest rates and extended existing real estate support.

Organizations: Retail, National Bureau of Statistics, Ministry of Finance Locations: Shanghai, BEIJING

☆ Severe turbulence forces Scandinavian Airlines flight to return to Europe, airline says
▼ + stars: | 2024-11-15 | by ( Paradise Afshar | Caroll Alvarado | ) edition.cnn.com time to read: +2 min

CNN —A Miami-bound Scandinavian Airlines flight was forced to return to Europe on Thursday after encountering severe turbulence over Greenland, according to the airline. No severe injuries were reported among passengers or crew on flight SK957, the airline said in a statement to CNN Friday. The plane was rerouted to Copenhagen Airport in Denmark where it will undergo an inspection, according to the airline. A woman who was seated near him did not have her seatbelt on when the turbulence started, according to Solstad. Turbulence is the leading cause of injuries to flight attendants and passengers in nonfatal accidents on commercial airlines, according to the Federal Aviation Administration, but incidents are still rare.

Persons: Sammy Solstad, ” Solstad, “, ”, Solstad, rebooking Organizations: CNN, Airlines, Copenhagen Airport, SAS, Passengers, Federal Aviation Administration, National Transportation Safety Board Locations: Miami, Europe, Greenland, Copenhagen, Denmark

☆ Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock
▼ + stars: | 2024-11-15 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. Super Micro Computer could be headed down a path to getting kicked off the Nasdaq as soon as Monday. Super Micro's stock is now equal to where it was trading in May 2022, after falling another 11% on Thursday. Super Micro could also get an extension from the Nasdaq, giving it months to come into compliance. "Given that Super Micro's accounting concerns have become more acute since Super Micro's quarter ended, its weakness could ultimately benefit Dell more in the coming quarter," Bernstein analyst Toni Sacconaghi wrote in a note this week.

Persons: Charles Liang, Ernst & Young, Bernstein, Toni Sacconaghi Organizations: Super, Computer Inc, Nasdaq, SEC, Securities and Exchange Commission, Super Micro, Nvidia, Hindenburg Research, Ernst, CNBC, Dell Locations: Taipei, Taiwan

☆ American fighter pilots explain how they fought an overwhelming Iranian drone swarm in total darkness
▼ + stars: | 2024-11-15 | by ( Natasha Bertrand | Haley Britzky | ) edition.cnn.com time to read: +8 min

“You feel the terrain rush, you feel yourself getting closer and closer to the ground,” Coffey told CNN. Obtained by CNNThe fighter pilots had not had much time before then to practice, said F-15 pilot Lt. Col. Timothy “Diesel” Causey. Air defense systems at an undisclosed US military base in the Middle East intercept Iranian drones and missiles. “Missiles and drones are flying over base, and they’re being intercepted over base, so the alarm red goes off,” Causey said. CNNMany of the F-15 pilots, air and ground crews who took part in the operation that night received awards this week for bravery.

Persons: Benjamin “, ” Coffey, Coffey, Lacie, ” Hester, Hester, ”, Timothy “ Diesel ”, ” Causey, hadn’t, ’ ” Coffey, “, Curtis “, ” Culver, Hester’s, Timothy “ Diesel ” Causey, Clayton “, ” Wicks, Wicks, Culver, Robin Olds Organizations: CNN, Israel, US Air Force’s, Air Force, Islamic Revolutionary Guard Corps, Air, Royal Air Force, Patriot, Missiles, ” Troops, Silver Star, Culver, “, MiG Locations: Iran, Iranian, Syria, Suffolk, England, Vietnam

☆ Wall Street looks for Nvidia to take the baton from election trades to keep rally alive in the week ahead
▼ + stars: | 2024-11-15 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

What exactly President-elect Donald Trump's second term means for the stock market will be the question investors continue to grapple with in the week ahead. Nvidia earnings results will also be on deck as investors deal with stubbornly high interest rates as well. The Dow Jones Industrial Average surged past 44,000 for the first time ever, and the S & P 500 and the Nasdaq Composite similarly posted new records. Sales of Blackwell and Grace Blackwell are expected to start to show up in results next year. The SPDR S & P Regional Banking ETF has surged 11% this month.

Persons: Donald Trump's, Jimmy Chang, Jensen Huang, CNBC's, Blackwell, Grace Blackwell, Harsh Kumar, Piper Sandler, Kumar, Jensen, Donald Trump, Robert F, Kennedy Jr, Novavax, Ken Mahoney, Trump, There's, Mahoney, Rockefeller's Chang, Chris Rupkey, Jerome Powell Organizations: Dow Jones, Nasdaq, Rockefeller Global Family, Treasury, Nvidia, Blackwell, Health, Human Services Department, Moderna, Asset Management, Regional Banking ETF, Federal, White, FWDBONDS, Housing, Walmart, Lowe's, Palo Alto Networks, Philadelphia Fed, . Kansas City Fed Manufacturing, Ross Stores, Intuit, Deere, PMI, PMI Manufacturing, PMI Services Locations: China, U.S, NAHB, . Kansas, Michigan

☆ Germany's Scholz urges Putin in phone call to open talks with Ukraine
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: +2 min

German Chancellor Olaf Scholz (SPD, r) and Russian President Vladimir Putin look up after several hours of one-on-one talks at a joint press conference. Scholz met the Russian president for talks on the situation on the Ukrainian-Russian border. German Chancellor Olaf Scholz urged Russian President Vladimir Putin in a rare phone call on Friday to begin talks with Ukraine that would open the way for a "just and lasting peace." In a one-hour phone conversation, their first in almost two years, Scholz also demanded the withdrawal of Russian troops from Ukraine and reaffirmed Germany's continued support for Ukraine, a German government spokesman said. "He stressed Germany's unbroken determination to back Ukraine in its defence against Russian aggression for as long as necessary," the spokesperson added.

Persons: Olaf Scholz, Vladimir Putin, Scholz, Germany's, Volodymyr Zelenskiy, Putin, Donald Trump's, Trump Organizations: Ukraine, U.S, Social Democrats Locations: Russian, Ukraine, Russia, Germany, United States

☆ Musk Adds Microsoft to OpenAI Lawsuit, Accusing Them of an AI Monopoly
▼ + stars: | 2024-11-15 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Elon Musk has added Microsoft as a defendant to an amended lawsuit against OpenAI. The suit, which also adds Reid Hoffman as defendant, accuses Microsoft and OpenAI of forming a monopoly. AdvertisementThe suit describes Microsoft's partnership with OpenAI as a "de facto merger" and said, "Microsoft is now OpenAI, and OpenAI, Microsoft." The amended lawsuit is the latest escalation between longtime rivals Musk and Sam Altman, the CEO of OpenAI. Microsoft, OpenAI, and Hoffman didn't immediately respond to requests for comment from Business Insider, made outside normal working hours.

Persons: Elon Musk, Reid Hoffman, OpenAI, —, Shivon Zilis, Zilis, Musk, Mustafa Suleyman, Sam Altman, cofounders Altman, Greg Brockman, SoftBank, Navneet Govil, Govil, BI's Hasan Chowdhury, Hoffman didn't, Hoffman Organizations: Microsoft, OpenAI, Service, Bloomberg, New York Times, OpenAI's San, Financial Times, Business Locations: Neuralink, Northern California, OpenAI's, OpenAI's San Francisco

☆ I have 5 Gen Z children in the workforce, and they don't prioritize their careers. It made me rethink my life.
▼ + stars: | 2024-11-15 | by ( Kimanzi Constable | ) www.businessinsider.com time to read: +4 min

My Gen Z children helped me understand that work doesn't have to be a priority. AdvertisementMy Gen Z children entering the workforce shifted my beliefsI'm a father of five Gen Z kids. AdvertisementMy Gen Z children have told me they see work for what it is: They work to live, not live to work. Related storiesMy Gen Z children have shifted my beliefs about work, and as a result, I've gotten therapy to help me learn who I am outside my career. AdvertisementMy Gen Z children in the workforce have taught me lessons about work that my generation didn't.

Persons: I've, I'm, They've, Constable Organizations: Kenyan, LinkedIn Locations: Kenya

☆ Long-lost marine worm species photobombs seahorses, scientists say
▼ + stars: | 2024-11-15 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +7 min

The long-lost worm is Haplosyllis anthogorgicola, a species of bristle worm, or polychaete. But as Forreau was sorting her underwater photos of seahorses and corals, she made another unexpected discovery: The worms’ coral burrows were visible in the images. Perhaps, she thought, that might also be the case in other photos of pygmy seahorses. Images of pygmy seahorses taken by scuba divers were crawling with worm photobombs. Worms’ limbs, heads and tails poked out of coral burrows in the hundreds; the scientists even counted seven examples of worms crawling on seahorses’ bodies.

Persons: Huzio Utinomo, Chloé Fourreau, “, ”, Karen Osborn, Osborn, Ai Takahata, ” Forreau, coauthors, Chloé, Forreau, ” Osborn, Mindy Weisberger Organizations: CNN, Kyoto University, Royal Society, Biological Sciences, University of, Smithsonian National Museum of, Royal Society B, Scientific Locations: Japan, Australia, Okinawa, Washington ,, Sukumo, Kochi, Worms, East Timor, Indonesia, Malaysia, New Caledonia, Papua New Guinea, Philippines, Taiwan

☆ Processed food stocks fall as investors brace for increased scrutiny under Trump, RFK Jr.
▼ + stars: | 2024-11-15 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Processed food stocks tumbled on Friday as investors feared a crackdown under President-elect Donald Trump and ally Robert F. Kennedy Jr. Cheerios cereal and Betty Crocker cake mix maker General Mills fell more than 2%, as did Conagra Brands , the company behind Reddi-wip. Frozen potato supplier Lamb Weston , whose french fries are sold in chains including McDonald's and Chick-fil-A, dropped more than 6%. Traders are wary that Kennedy's "Make America Healthy Again" focus will result in increased scrutiny of companies behind some of the best-known snack, packaged food and soft-drink brands. The stock bucked the trend with an advance on Friday, but finished down more than 4% on the week.

Persons: Donald Trump, Robert F, Kennedy, Betty Crocker, Mills, Reddi, Campbell, Kraft Heinz, Oscar Mayer, Lamb Weston, it's, WK Kellogg Organizations: Soda titans PepsiCo, Coca, Brands, Trump, Health, Human Services Department, Food and Drug Administration, Centers for Disease Control, Capitol, Senate, National Institutes of Health, Traders, NBC, WK Kellogg Co Locations: Canada

☆ GM lays off 1,000 employees amid reorganization, cost-cutting
▼ + stars: | 2024-11-15 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. DETROIT – General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the decision. The layoffs, which were announced Friday morning to those impacted, were across the business. A majority of the employees impacted were in suburban Detroit at the automaker's global technical center in Warren, Michigan, the person said. A small number of hourly employees were included in the layoffs.

Organizations: General Motors, DETROIT –, Motors Locations: Detroit, DETROIT, Warren , Michigan, China

Mortgage rates were forecast to go down in 2025. Expectations of higher inflation and more government debt under Trump have helped mortgage rates rise in recent weeks. Why mortgage rates rose ahead of the election — and are still high nowMortgage rates went down a lot in September, with 30-year rates dropping near 6%, according to Freddie Mac. How Trump's policies could lead to higher mortgage ratesZhao says that right now it's "nearly impossible" to predict where mortgage rates will go in 2025. More supply would help moderate home price growth, improving affordability even if mortgage rates remain high.

Persons: Donald Trump's, Trump's, —, Freddie Mac, they're, Chen Zhao, Melissa Cohn, Trump, Zhao, Kamala Harris, Cohn Organizations: Trump, Service, Bond, William, Mortgage, Analytics

Not really, but Balsam Hill makes the closest I've seen. It weighs 4 ounces and seemed to depress the Balsam Hill tree's branches more than other trees I tested, like the one from Puleo International. But it's the most realistic artificial tree I've seen. AdvertisementThe bottom lineFor an artificial tree, the Balsam Hill Fraser Fir manages to be convincingly real when lit. $899.99 from Balsam Hill Originally $1,299.99 Save 31%AdvertisementMore Balsam Hill trees to consider

Persons: Jenny McGrath, Fraser, It's, you've Organizations: Business, Black, Puleo Locations: Balsam Hills, Balsam, Fir

☆ 7 US stocks set to rally from Trump tariffs
▼ + stars: | 2024-11-15 | by ( Christine Ji | ) www.businessinsider.com time to read: +4 min

AdvertisementThere's been a lot of buzz about how president-elect Donald Trump's proposed tariffs could negatively impact some of the market's biggest names. However, for every company losing out from Trump's tariffs, there's another set to benefit from the red wave election outcome. Another big winner from tariffs and Trump policies in general is the financial sector. These businesses will experience minimal impact from tariffs while also benefitting from lower corporate taxes, which Gardner expects to go down under Trump. AdvertisementGarner and Rines shared some stocks they believe will benefit the most from Trump's proposed tariffs.

Persons: Trump's, —, There's, Donald Trump's, David Bianco, Trump, Bianco, Banks, Clayton Gardner, Gardner, Samuel Rines, Rines, Biden, Garner Organizations: Service, Biden, Trump, Ford, Companies Locations: China, America, Kentucky, Tennessee

☆ The 60/40 portfolio is back. Here’s what experts think could happen next
▼ + stars: | 2024-11-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The global 60/40 strategy has seen a 27% cumulative return since 2022 through Oct. 31, according to Vanguard data. Traditionally, stocks and bonds move in opposite directions, which helps lower the volatility of this traditional portfolio. But that didn't work in 2022, when stocks and bonds both suffered and the 60/40 tanked, which had many declaring the strategy dead. The 60/40 portfolio tends to be shorthand for a balanced, diversified portfolio, with specific allocations based on investors' individual needs. For instance, Morningstar's index that reflects a 60/40 portfolio is up about 15% year to date.

Persons: Todd Schlanger, it's, Dan Lefkovitz, Morningstar, Lefkovitz, doesn't, Amy Arnott, Price, Jared Woodard, Woodard, Morningstar's, Vanguard's Schlanger, Schlanger, … Organizations: Vanguard, Morningstar, Commodities, Bank of America, Fund, Bloomberg U.S, U.S .

☆ Here are value investor David Einhorn's latest moves: Gold, Peloton and agriculture
▼ + stars: | 2024-11-15 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

David Einhorn's Greenlight Capital this week revealed a fresh stake in agriculture equipment maker CNH Industrial , and increased its bets on Peloton Interactive and gold in the third quarter. The hedge fund, which Einhorn founded in 1996, disclosed in its latest regulatory filing that it took a roughly $79 million stake in CNH during the latest quarter. Einhorn also increased his holding in Peloton by roughly 40%, bringing his stake in the company to about $45 million. That led him to buy medium-sized stakes in a few value companies and take a larger position in gold. Einhorn added 3.1% to his holding in SPDR Gold Trust in the most recent quarter, bringing it to $51 million.

Persons: David Einhorn's, Einhorn Organizations: Interactive, CNBC, CNBC's, Alpha, Robin Hood Investors Conference, Cornell, Trust, Capri Holdings, Penn Entertainment, HP, Roivant Sciences, Packaging, Tenet Healthcare Locations: CNH, Holland, New York City, Capri

☆ TikTok's 'Winter Arc’ challenge helps you get ahead of your New Year goals. Here’s why it’s gone viral and 4 tips to get started
▼ + stars: | 2024-11-15 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +2 min

The latest obsession on TikTok is the "Winter Arc" challenge, which sees young people get ahead of their New Year's Resolutions. Winter Arc TikTok is flooded with videos of young men and women wearing dark-colored oversized hoodies and athleisure, working out in the gym, or going for early-morning runs. Carly says the Winter Arc is all about being "laser-focused" on your goals, so that you're transformed by the new year. He said it takes 66 days to form a habit, so the Winter Arc helps ease the process of transitioning into your New Year goals. Here are four expert tips to create healthy, realistic Winter Arc goals:

Persons: Carly, Michael Baah, Baah, Gary Lineker, Ezra Taylor, Tasha Ghouri, they'll, Malminder Gill Organizations: CNBC Locations: British, London

☆ My husband and I felt like we didn't save enough money to retire in the US. So we moved to Mexico and built our dream home.
▼ + stars: | 2024-11-15 | by ( ) www.businessinsider.com time to read: +6 min

My husband and I made reasonable salaries living in NYC but weren't happy about retirement. We moved to Mexico in 2020 into our dream house and now feel far more secure about retirement. We eventually settled on Mexico, a country that's long been a favorite of American retirees where an estimated 1.6 million already live. We moved to Mexico ahead of retirement so we could enjoy it moreWe moved to Mexico before retiring because we thought the transition to retirement in another country would be easier if we had already lived there. AdvertisementWe make less money in Mexico, but our cost of living is lowerOur combined income is less than it was when we were living in New York.

Persons: —, Fabian Martinezv, Marc Perrotta, We're, We'll Organizations: Service, Foreign, Security Locations: Mexico, Spain, Canada, California, Florida, Mérida, Yucatán, Bushwick , Brooklyn, United States, Mérida's, NYC, New York

☆ Elon Musk says OpenAI's compensation is 'lavish.' Here's how much employees get paid.
▼ + stars: | 2024-11-15 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Elon Musk is doubling down on his lawsuit against OpenAI, and he's taking issue with what they pay employees. AdvertisementSo just how much does OpenAI pay its employees? Since it's a private company, OpenAI isn't required to report compensation data in the way public companies must. Levels.fyi, which tracks compensation data at tech firms and startups, says total yearly compensation at OpenAI ranges from $144,275 for a technical writer to $1,338,750 for a software engineer. OpenAI's median yearly total compensation is $534,197, according to data reported on the tracker.

Persons: Elon Musk, Reid Hoffman, OpenAI, Musk, Sam Altman, Roger Lee, Hoffman, Greg Brockman Organizations: Microsoft, OpenAI, Elon, San Francisco Bay Area, Bloomberg Locations: OpenAI, Levels.fyi, San Francisco Bay

☆ How Trump's selection of RFK Jr. as HHS secretary could impact the pharma sector
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Trump's selection of RFK Jr. as HHS secretary could impact the pharma sectorJared Holz, healthcare sector strategist at Mizuho Securities America, and CNBC's Angelica Peebles join 'Power Lunch' discuss pharma stocks' reaction to Robert F. Kennedy Jr.'s appointment to lead the Department of Health and Human Services, what the incoming administration could mean for regulation in the sector, and more.

Persons: Jared Holz, Angelica Peebles, Robert F, Kennedy Jr Organizations: RFK Jr, pharma, Mizuho Securities America, Department of Health, Human Services

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