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Here are the biggest calls on Wall Street on Tuesday: Wells Fargo initiates Rollins as overweight Wells says it's bullish on shares of the pest control company. Goldman Sachs reiterates Disney as buy Goldman said it's sticking with its buy rating following Disney's biennial D23 fan event in California. " Wells Fargo initiates ITeos Therapeutics at overweight Wells said in its initiation of coverage into ITeos that the biotech company has multiple catalysts ahead. Bank of America reiterates Lyft as buy The bank said the ride sharing company is trading at a "significant discount." Wells Fargo reiterates Home Depot as overweight Wells says investors should buy the dip in Home Depot shares following earnings Tuesday morning.
Persons: Wells, Rollins, it's bullish, Goldman Sachs, Goldman, Bernstein, WBD, BTIG, Eli Lilly, Stifel, Lyft Organizations: Wells Fargo, Disney, UBS, JPMorgan, Netflix, Mizuho, Palo Alto, Barclays, Dell, DELL, Citi, Sales, Warner Brothers Discovery, ITeos, " Bank of America, Bank of America, Co, McCormick &, Depot, Amazon Locations: California, Turkey
"In total, the Harlingen region received 14 complaints alleging environmental impacts from the Facility's deluge system," the regulator said in the document. Water deluge systems with flame deflectors diffuse heat, sound and energy generated by orbital test flights and rocket launches. SpaceX ran its first full-pressure test of the water deluge system in July 2023. The company hit new milestones with the test flight and Musk appeared triumphant. NASA chief Bill Nelson congratulated SpaceX on "a successful test flight!"
Persons: SpaceX's, TCEQ, Elon Musk's, Musk, Bill Nelson, SpaceX, Eric Roesch, Roesch Organizations: Boca, Aerospace, SpaceX, Federal Aviation Administration, CNBC, Texas Commission, Environmental, Environmental Protection Agency, Elon Musk's SpaceX, Boca Chica, FAA, EPA, NASA Locations: Brownsville , Texas, U.S, Boca Chica, Harlingen, South Texas, Starbase, Texas, Mars
Read previewDonald Trump took several trips over the weekend on a private jet once owned by Jeffrey Epstein. That Gulfstream jet also once carried Jeffrey Epstein, who used the tail number N212JE while he owned it, up until his death in 2019. AdvertisementAccording to public flight records, the Gulfstream jet flew on Friday afternoon from Ontario International Airport in Canada to an airport in Bozeman. It's unclear whether Trump or anyone on his campaign knew the plane was once owned by Epstein. Epstein owned at least five different private planes before his death.
Persons: , Donald Trump, Jeffrey Epstein, Jackson, Epstein, Trump hasn't, Mitch Williamson, Trump, didn't, James L, Williamson, Anna Moneymaker, Prince Andrew, Bill Clinton, Kevin Spacey, Naomi Campbell, Marla Maples, Eric, Tiffany Trump Organizations: Service, Gulfstream, Trump, Trump Force, Business, Federal Aviation Administration, JetBlue, International Air Transport Agency, FAA, Boeing, Gulfstream G550, US, Ontario International Airport, Gulfstream GV, Frontier Enterprises, Republican, Federal, Commission, Miami Herald, N550GP, Aviation Group, Aviation, Hawker Siddeley HS, British Aerospace, Daily Mail, Trump Organization, Records Locations: Aspen, Paris, New, Teterboro, WN, Billings , Montana, Bozeman, Canada, Wyoming, Colorado, Ontario, Manhattan, Palm, California, Palm Beach and New York City
Morgan Stanley's preference for defensive quality stocks has only increased since June, even as major U.S. indexes have continued to reach new highs. Wilson highlighted his stock screen of quality and defensive names, which are long ideas with overweight ratings from the firm's analysts that are also in the top 1,000 universe by market cap. Take a look at some of Morgan Stanley's favorite names below: AbbVie made the cut as one of the firm's top quality and defensive stocks. Analysts surveyed by FactSet have a price target on AbbVie shares that suggest just 3.2% upside from its latest close. Other Morgan Stanley defensive and quality favorites include consumer discretionary names Walmart and Lowe's .
Persons: Morgan, Michael Wilson, Wilson, Morgan Stanley's, AbbVie, Northrop Grumman, Morgan Stanley, Kristine Liwag, Brian Nowak, Meta Organizations: Public Service Enterprise Group, Northrop Grumman, Federal, Aerospace, U.S, Walmart
Morgan Stanley has added three new high-quality defensive stocks to its "Fresh Money Buy List." AdvertisementMorgan Stanley expanded its list of recommended equities with three high-quality stocks, as the bank veer further into defensive positioning. These names could help shield against ongoing macro uncertainty, which Morgan Stanley does not expect will resolve anytime soon. Morgan Stanley holds an Overweight rating on the company, with a price target of $211 per share. (3) Northrop GrummanNOC, the defense and aerospace company, joined Morgan Stanley's list as a premium equity for exposure to industrials.
Persons: Morgan Stanley, , Consumer Staples, Wilson, Public Service Enterprise Group Morgan Stanley, Morgan Stanley's Organizations: Service, Federal, Healthcare, Consumer, Public Service Enterprise Group, Northrop Grumman NOC, Verizon, Walmart Locations: Real
For example, this season started with the banks roaring higher on great numbers, legitimately great numbers led by a phenomenal Bank of America quarter. The later just made no sense because it is pulling away from Intel on the low end and if Nvidia really does have production problems then AMD is the de facto winner. In fact, the only stock that didn't suffer from an Nvidia relation, Apple, got through earnings without too much trouble. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Persons: , techs, We've, Warren Buffett, Buffett, industrials Eaton, Donald Trump, we've, execs, I've, Kamala Harris, Trump, Jim Cramer's, Jim Cramer, Jim, Rob Kim Organizations: Federal Reserve, of America, Bank of America, Club, Apple, Fed, SL Green, Boston Properties, Nvidia, Arista Networks, Micron, Dell, Hewlett Packard Enterprise, Devices, Intel, AMD, Accenture, Deloitte, McKinsey, White, Jim Cramer's Charitable, CNBC Locations: Lowe's
Read previewA US Air Force B-2 Spirit stealth bomber recently used a new anti-ship weapon to sink a decommissioned warship in the Pacific and a cargo ship off the coast of Florida. A US Air Force B-2 Spirt receives fuel from a KC-135 Stratotanker in the sky over northwest Missouri in August 2018. According to the Air Force Research Laboratory, the goal is to replicate the combat potential of a submarine with an aircraft that can cover a much larger area. QUICKSINK is not the only initiative indicative of the Air Force's desire to increase its maritime strike capabilities. The Air Force remains interested in developing more affordable munitions for maritime strikes.
Persons: , Vincent De Groot, Bryan Clark, Lindsey Heflin, Mark Gunzinger, QUICKSINK, Clark, Gunzinger Organizations: Service, Air Force, American, Business, US Air Force, KC, US Air National Guard, Air Force Research Laboratory, US Navy, Hudson Institute, US, People's, Army, China News Service, Getty, Mitchell Institute for Aerospace Studies, Ship, Navy Locations: Pacific, Florida, China, Missouri, Hawaii, Gulf of Mexico, Washington, Beijing, Western Pacific
LAS VEGAS — DEF CON, the world’s largest hacker conference, is trying to put its legions of experts to work by creating a volunteer army to help protect America’s vulnerable water systems and schools. It also aims to help the broader public access the cybersecurity research the hackers produce during the conference each year. “So how do we best help them help other people?”The project has two main elements. The second is connecting hackers with places that are in desperate need of cybersecurity help, starting with water and wastewater facilities and schools. DEF CON has partnered with the largest water facility trade group, the National Rural Water Association (NRWA), to help match facilities with hackers.
Persons: , , Jeff Moss, Def Con Franklin —, Benjamin Franklin’s, Moss, he’s “, it’ll, it’s, we’ve, Jake Braun, ” Braun, Matt Holmes, Con, It’ll Organizations: VEGAS, U.S, Environmental Protection Agency, University of Chicago’s Harris School of Public Policy, Def Con, Rural Water Association, Aerospace, Capitol Locations: Las Vegas, U.S, , China, America
Aiming to unseat three-term Democratic incumbent Jon Tester, Sheehy is founder of Montana-based Bridger Aerospace, an aerial firefighting company. On July 1, Sheehy resigned as chief executive of Bridger to focus on his Senate campaign; the company is seeking a replacement. In mid-June, an editorial in The Wall Street Journal echoed Griffin’s view, branding Sheehy’s company Bridger a success. The PAC spent $5.3 million for Sheehy and $5.7 million against his opponent, Tester, records show. In 2022, Sheehy’s cash and stock compensation neared $5 million, and last year, he received $2.5 million, Bridger’s proxy says.
Persons: Donald Trump, Tim Sheehy, Jon Tester, Sheehy, , Bridger, Tim, ” Katie Martin, Louise Johns, Ken Griffin, Griffin, Stephen Schwarzman, “ Tim Sheehy, ” Griffin, Marc Cohodes, Cohodes, Sheehy’s, , Scott Olson, Blackstone, Matthew Sheehy, Bridger’s, Blackstone Tim Sheehy, Blackstone’s, ” Jon Tester, Andrew Harnik, Schwarzman, haven’t, Farrah Saint, Surin, Matthew, Martin, Bridger ”, Montana . Don, Melinda Crawford, Todd Hirsch, Thomas A, Waldman, Yocca Carlson, I’ve Organizations: Navy, Republican, Montana, Bridger Aerospace, International, Interior Department, U.S . Forest Service, Agriculture Department, Bloomberg, Getty, Wall, Citadel LLC, PAC, Commission, The Blackstone, “ Bridger Aerospace, Blackstone, Small Business Administration, Republican National Convention, Trump, , Cattle Company, Tallgrass Energy, Blackstone Group, Bridger, Forest Service, Bridger Air Tanker LLC, Bridger Air Tanker, SBA, ” Companies, Federal, NBC News, Mountain Air LLC, Mountain Air, Air, Service, U.S ., , Montana ., Rauth Locations: Bozeman , Montana, Bozeman, Mont, New York City, Bridger, America, Montana, Gallatin County, Milwaukee, Riding, disbursements, Surin, ” Saint, U.S, Los Angeles
The report, released Thursday by NASA’s Office of Inspector General, calls into question Boeing’s standards and quality control for its part in NASA’s efforts to return astronauts to the moon. But according to the report, Boeing’s quality control systems fall short of NASA’s requirements, and some known deficiencies have gone unaddressed. Now, the report from NASA's inspector general has found that the second stage of the Space Launch System — the part Boeing is responsible for — is significantly over budget. As for Boeing's quality control practices, the NASA inspector general said that from 2021 to 2023, federal oversight officers issued 71 “Corrective Action Requests” to address “deficiencies in quality.”Many of the requests took aim at Boeing’s work at NASA’s Michoud Assembly Facility in Louisiana. “Quality control issues at Michoud are largely due to the lack of a sufficient number of trained and experienced aerospace workers at Boeing,” the report said.
Organizations: NASA’s, Boeing, International Space Station, NASA Locations: Michoud, Louisiana
CNN —One of China’s Long March 6A rockets has broken apart in low-Earth orbit and created a debris cloud consisting of hundreds of pieces, according to multiple space debris-tracking entities. And the reason for the rocket breakup remains unknown. Everything in low-Earth orbit travels at 17,500 miles per hour, Crassidis said. It’s the second time one of these rocket bodies has experienced a significant breakup event in low-Earth orbit, according to Victoria Heath, associate director of marketing and communications for LeoLabs. “Events like this highlight the importance of adherence to existing space debris mitigation guidelines to reduce the creation of new space debris and underscore the need for robust space domain awareness capabilities to rapidly detect, track, and catalog newly-launched space objects so they can be screened for potential conjunctions.”
Persons: China’s, SpaceX’s, “ USSPACECOM, , Rob Margetta, LeoLabs, John L, Crassidis, , It’s, Victoria Heath, Audrey Schaffer Organizations: CNN, Taiyuan Satellite, Shanghai Spacecom, Satellite Technology, Space Command, US Department of Defense, NASA, International, Network, University, Buffalo’s School of Engineering, Applied Sciences, LeoLabs, Aerospace Locations: Taiyuan, Shanghai, Victoria
The rally in Bozeman was Trump’s first since Vice President Kamala Harris officially secured the Democratic nomination and selected Minnesota Gov. “We need the Senate,” Trump told the crowd Friday, stressing the critical nature of the contest here. “His really is valor,” Trump said of Sheehy, who served in Iraq and Afghanistan, among other deployments. Trump used the attention to toss a familiar laundry list of attacks against Harris, Walz and Democrats more broadly. “You can imagine if President Trump had to call Chuck Schumer and try to figure out how to get his nominees through,” Daines said.
Persons: Donald Trump, Sen, Jon Tester, Trump’s, Kamala Harris, Tim Walz, ” Trump, Trump, Matt Rosendale, Tim Sheehy, , Ronny Jackson, Jackson, Tester, , Donald Trump’s, , Harris, Walz, Ohio Sen, JD Vance, Vance’s, Vance, I’m, Sheehy, ” Vance, ” Walz, mispronounced Harris, ” “ Kamala, Kamala, she’s, Montana Sen, Steve Daines, Daines, Chuck Schumer, ” Daines, Sherrod Brown’s, CNN’s David Wright Organizations: Montana CNN, GOP, Democratic, Minnesota Gov, Trump, Senate, Navy, Senate Veterans ’ Affairs, White, Veterans Affairs Department, ” New Democratic, Republican, Marine Corps, ABC, Army National Guard, Congress, National Republican Senatorial Committee, Montana Republicans Locations: Bozeman, Montana, Rosendale, Texas, Pennsylvania, Michigan, Wisconsin, Arizona, Iraq, Afghanistan, Florida, Lago, Minnesota, nonjudicial, ” The Montana, Ohio
Bank of America is offering up a selection of stocks to help investors sleep soundly during bouts of market volatility. The picks come on the heels of a roller-coaster week for Wall Street. Here are some of the companies that made the list: Several consumer staples stocks showed up, with the S & P 500 sector up more than 11% this year. PG 1M mountain Shares over the last month Lockheed Martin was another low-beta stock that made the cut. Shares of the aerospace and defense company have rallied more than 21%, outperforming the market year to date.
Persons: Stocks, Savita Subramanian, Gamble, Lockheed Martin Organizations: of America, Wall, Bank of America, Walmart, PepsiCo, Procter, Starbucks, Elliott Management, T Bank, Home Depot, Cisco Systems, Consolidated Edison, New Locations: U.S, China, New York
Aerospace veteran Robert “Kelly” Ortberg becomes Boeing’s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon. Boeing's new CEO, Robert "Kelly" Ortberg. Ortberg’s Day 1 activity is walking the floor of Boeing’s factory in Renton, Washington, where it builds its bestselling but problematic 737 Max. The airline’s CEO hinted at the big feat Ortberg has ahead of him. “We look forward to working with Kelly Ortberg in his efforts to return Boeing to its place as the leading American aerospace company,” CEO Bob Jordan said in a written statement.
Persons: Robert “ Kelly ” Ortberg, Robert " Kelly, Ortberg, , Rockwell Collins, Richard Aboulafia, ” Ortberg, Boeing’s, Butch Wilmore, Suni Williams, Ron Epstein, , isn’t, ” Jon Holden, Dave Calhoun, Calhoun, Dennis Muilenburg, Max, Chicago —, Kelly Ortberg, Bob Jordan, , Michael Sheetz Organizations: Boeing, AFP, Getty, Ortberg’s, National Transportation, Air Force One, NASA, SpaceX, International Space, Airbus, Bank of America, International Association of Machinists, Aerospace Workers, Arlington , Virginia —, , Southwest Airlines Locations: U.S, Renton , Washington, Portland , Oregon, , Washington state, Oregon, Arlington , Virginia, Chicago, Seattle, American
Based on Trump's social media commentary, more about their relationship may be coming soon. Trump wrote in a post on Truth Social on Tuesday that the two will be speaking together publicly next week. Trump wrote. 'I have no choice'Since gaining Musk's support, Trump has returned the praise. On the day of Trump's speech in Nashville, Musk wrote "Save our kids!"
Persons: Elon Musk, Donald Trump, Evan Vucci, Donald Trump's, Trump, he'd, Elon, He's, Musk, What's, podcaster Jordan Peterson, they've, Kamala Harris, he's, it's, Joe Biden, Steven Cheung, Biden, Tesla wasn't, Tesla, Ron DeSantis, DeSantis, David Sacks, Trump's, CNBC's Joe Kernen, they're, Harris, Mark Fields, , Fields, CNBC's Brian Sullivan, Giorgia Meloni, Javier Milei, Jair Bolsonaro, Narendra Modi, Benjamin Netanyahu, Kevin Mohatt, Kamala, Mike Moritz, Moritz, Brian Schwartz, Christina Wilkie Organizations: SpaceX, White, AP NASHVILLE, Bitcoin Conference, Elon, Music City Center, Trump, Republican, PAC, North Carolina Attorney General's, America PAC, ELON, Biden, General Motors, Ford, Musk, Tesla, Bitcoin, Italian, Indian, Capitol, Air Force, Joint Base Andrews, Financial Locations: Washington, Tenn, , Nashville, Memphis , Tennessee, Pennsylvania, Michigan, tamp, Florida, Lago, China, U.S, Atlanta, Gaza, Wisconsin, Joint Base Andrews , Maryland, West Palm Beach , Florida, Silicon Valley
What are the economics of war?
  + stars: | 2024-08-07 | by ( Gaelle Legrand | ) www.cnbc.com   time to read: +1 min
Last March, Thierry Breton, the EU's commissioner for internal market, advocated for a shift of the European defense industry toward a war economy. Europe is facing an "existential threat," he said, as the Commission announced a new defense strategic plan, with a minimum of €1.5 billion ($1.6 billion) subsidy to boost the continent's war machine. In Germany, arms maker Rheinmetall inaugurated a new factory in February that will produce artillery ammunition, explosives and rockets. Aerospace and defense company Kongsberg also opened a new anti-ship and cruise missile manufacturing plant in Norway last June. Watch the video above to learn more about the economics of war.
Persons: Thierry Breton Organizations: Commission, Rheinmetall, Aerospace, Kongsberg, Stockholm International Peace Research Institute Locations: Europe, Germany, Norway, Stockholm
Banks hit by market sell-off: Here's what investors should know
  + stars: | 2024-08-06 | 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 EmailBanks hit by market sell-off: Here's what investors should knowMacrae Sykes, Gabelli Funds portfolio manager, joins 'Squawk Box' to discuss the latest market trends, state of the banking sector, impact of the market sell-off, and more.
Persons: Banks, Macrae Sykes
It was a combination of the skill of the flight crew and good luck that no one was killed. But there were problems with five rivets near where the door plug was installed, and Boeing workers removed the door plug in order to fix those rivets. It would have had much more difficulty making it safely to the ground if the door plug had failed hours, rather than minutes, from the nearest runway. But the probe is only one of the problems Boeing faces because of the incident. He has faced harsh criticism for many of Boeing’s problems, with more than a dozen whistleblowers at the company complaining to congressional investigators that they faced pressure and retaliation for flagging safety problems in the company’s assembly process.
Persons: Max, Dave Calhoun, Kelly Ortberg, Rockwell Collins, Calhoun, haven’t, Josh Hawley, Organizations: New, New York CNN, Alaska Airlines, Boeing, Max, National Transportation Safety Board, NTSB, FBI, Federal Aviation Administration, Justice Department, FAA, DOJ, Rockwell, Capitol Locations: New York, Alaska, Renton , Washington, Hawaii
Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. "The market got a little bit ahead of itself in that run-up that it's had. Soon, traders began pricing in aggressive Fed rate cuts after expecting the central bank to do little the rest of the year. "This is the confluence of a very high market that has been soaring and riding on a lot of sentiment and emotion. For several months now, the momentum trade has been the successful trade," said Michael Farr, CEO of Farr, Miller & Washington.
Persons: Spencer Platt, Robert Teeter, it's, John Belton, , Kamala Harris, Republican Donald Trump, Michael Farr, Farr Organizations: New York Stock Exchange, Getty, Federal Reserve, Silvercrest Asset Management, Dow Jones, Labor Department, Gabelli, Bank of Japan, Nvidia, Democratic, Republican, Miller & Washington Locations: New York City, cumulatively, Ukraine, U.S
And the availability of the VIPER spacecraft piqued the company’s interest for future projects, Intuitive Machines told CNN. To get reach that goal, Intuitive Machines will likely have to dip into its own funds to complete VIPER’s finishing touches before liftoff. The Simulated Lunar Operations Lab at NASA Glenn Research Center tested planetary roving vehicle systems and components for vehicles such as the VIPER Rover. The Astrobotic Griffin lunar lander (pictured here in a rendering) is now slated to take off no earlier than late 2025. The lunar lander was designed to carry NASA’s VIPER rover as its main payload.
Persons: There’s, , Jack Kiraly, VIPER, Tim Crain, Thomas Zurbuchen, Aubrey Gemignani, Crain, ” Crain, , Josh Marshall, it’s, Astrobotic, Griffin, John Thornton, Chandan Khanna, Griffin’s, Thornton, ” Thornton, Kiraly, I’m, Sen, Shelley Moore Capito, luncheons, Craig Hudson, Jerry Moran, ” Kiraly, “ It’s Organizations: CNN, Exploration Rover, NASA, Planetary Society, Research, Goddard Space Flight, Machines, NASA Glenn Research Center, VIPER Rover, Technology, United, Cape Canaveral Space Force, Getty, VIPER, Republican, Reuters Lawmakers, Commerce, Justice, Science, Kansas Republican Locations: Houston, Maryland, Nova, California, Pittsburgh, Cape, Cape Canaveral , Florida, West Virginia, Washington, Washington ,, China, Kansas
Molly Solomon, NBC's executive producer of the Olympics, referred to Snoop Dogg as an "ambassador of happiness" during a press call this week. Pumped-up audienceNBCUniversal had been banking on the success of the Paris Olympics, and Snoop Dogg, for the past few years. The following year, NBC's executives met with Snoop Dogg to discuss his future place in the Olympics broadcast, she said. Ahead of the Games, Snoop Dogg was also present at the Olympic trials earlier this summer, and since then has popped up in various places. Snoop Dogg cheers the USA team for women's gymnastics at the 2024 Paris Olympics.
Persons: Snoop Dogg, Arturo Holmes, Molly Solomon, We've, Snoop, Solomon, Denis, Victoria Valdivia, Hans Lucas, Billie Jean King, Caeleb, Michael Phelps, Krissy Birdsall, NBCUniversal, Kevin Hart, Peacock, Dogg, Carl Recine, NBC's, Mike Tirico, , Tirico, Kelly Clarkson, Peyton Manning, Ralph Lauren, Kendall Wright, Coco Gauff, Kelly Cheng, Wally Skalij, it's, John Fortunato, Alex Cooper, Jenna Mindes, we've, Rick Cordella, Bob Costas, Al Michaels Organizations: Bercy Arena, Getty, NBC, Comcast, Games, AFP, Team USA, University of Wisconsin, Paris Olympics, Tokyo Games, Eiffel, CNBC, Olympics, National Football League, Northwestern University, USA, Los Angeles Times, Fordham University Gabelli School of Business, NBC Sports, Paris Locations: Paris, U.S, Paris —, Seine, France, Victoria, Madison, Tokyo, USA, Woodcliff Lake , New Jersey, Minneapolis
CNN —Ancient Egypt’s pyramids, pharaohs and artifacts delight the imagination, reigniting wonder of the distant past in every generation. Experts are also using the latest techniques to spill secrets hidden within discoveries made decades ago, with new research this week “digitally dissecting” an unusual mummy found in 1935. The "screaming woman" whose mummified remains were discovered in 1935 may have died violently, a new study suggests. — To keep swimmers and beachgoers safe, scientists are using artificial intelligence to detect juvenile sharks, which like to hang out near the shore. They find wonder in planets beyond our solar system and discoveries from the ancient world.
Persons: Sahar Saleem, Saleem, Saleem couldn’t, Venus, Guillermo Legaria, Lonely Guy, , Ashley Strickland, Katie Hunt Organizations: CNN, Metropolitan Museum of Art, Kasr Al, Cairo University, Mercury, European Space Agency, Japan Aerospace Exploration Agency, NASA, JPL, Caltech Venus, Lonely, , CNN Space, Science Locations: ., Damietta, Egypt, Luxor, New York City, Kasr Al Ainy, Europe, Asia, Thailand, Southeast Asia
The Boeing Starliner's return to Earth is delayed indefinitely, adding $125 million in losses. NASA astronauts have been stuck on the ISS for 57 days due to issues with its propulsion system. AdvertisementAs the Boeing Starliner's return to Earth is delayed indefinitely, the aerospace company expects to lose $125 million more. NASA astronauts Suni Williams and Butch Wilmore reached the International Space Station (ISS) via the Starliner on June 6, and were supposed to stay in space for eight days. However, due to thruster issues and helium leaks on the spaceship, they have been stuck there for 57 days and counting, with their return delayed indefinitely.
Persons: , Suni Williams, Butch Wilmore Organizations: Boeing, NASA, Service, Space, Business
Global Jets ETF , whose largest holdings are Southwest Airlines , United Airlines , American Airlines and Delta Air , is off 7.5% just since the end of June. GE Aerospace GE Aerospace is a pure play on the rise of global air travel, according to John Belton, portfolio manager at Gabelli Funds. Just about all 18 analysts polled by LSEG consider GE Aerospace a buy, with five rating it a strong buy. Central to the investment thesis for GE Aerospace is its market leadership. "The air travel industry is a growth industry," Galluccio said.
Persons: Richard Branson, John Belton, Belton, Nicholas Galluccio, Galluccio, Morningstar, that's, Tony Bancroft, Bancroft, there's, wanderlust Organizations: Virgin Group, U.S . Global Jets ETF, Southwest Airlines, United Airlines, American Airlines, Delta Air, Transportation, Boeing, Airbus, Gabelli, International Air Transport Association, AAR Corp, Teton Advisors, Westwood, Equity, GE Aerospace GE Aerospace, Gabelli Funds, New York Stock Exchange, General Electric, GE Aerospace, LSEG, GE, Airlines, Morningstar, Growth, Max, Federal Aviation Administration, Aerospace & Defense ETF, Heico Corporation, Triumph, TransDigm Locations: U.S, Eastern Europe
Best Credit Cards for Excellent Credit of August 2024Compare the Top Credit Cards for Excellent CreditBest mid-tier travel card Chase Sapphire Preferred® Card Apply now lock icon An icon in the shape of lock. Best Credit Cards for Excellent Credit ReviewsConsumers with excellent credit have a lot of options when it comes to credit cards. The Bank of America® Premium Rewards® credit card isn't flashy, but it offers unique long-term value for those who prefer cash back credit card rewards and have a broader banking relationship with Bank of America. The Capital One Venture X Rewards Credit Card is Capital One's entry into the premium credit card market. Credit Cards for Excellent Credit Frequently Asked QuestionsWhat is the best credit card to get with an 800 credit score?
Persons: Read, Merrill, Miles you've, Miles you’ve, Miles, There’s, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Chase, Cardholders, cardholders, you've, you'll, You'll, It's, Peter Rothbart, he's, Peter, Angela Fung Organizations: FICO's, Chase Travel, Chase, Sapphire, Hotel, FDIC, Bank of America, Bank of America's, of America, Bank of America Travel Center, TSA, Travel Insurance, Discover's, Discover . Discover, Capital, One, Premier, Express, American Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, Global, Saks Fifth, Saks Fifth Avenue, Business, Finance, TSA PreCheck, PreCheck, Resorts Locations: Hulu, Wells, Seattle , Washington, Vegas, Pacific
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