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Elon Musk near a Falcon 9 rocket at SpaceX headquarters in Hawthorne, California in 2018. SpaceXSo much of the way SpaceX operates, as you tell it in the book, is Elon Musk's hands-on management and the way he pushes his workers. I don't think Elon does very well in those types of environments. I don't really understand the entire arc of his changing political views over the last decade. I don't think the regular person really understands what a technological leap Starship is.
Persons: Eric Berger, Elon Musk, Berger, , Elon Musk's, Elon, David McNew, Jared Isaacman, it's, We've, What's, Obama, he's, Sarah Gillis, You've, you've Organizations: Business, Service, SpaceX, Falcon, Ars Technica, Tesla, Twitter, Elon, House, Polaris Dawn, Crew Locations: Hawthorne , California, United States, Russia
Jennifer Aniston was the last of the main six to officially join the cast. The show's producers didn't know if they'd keep her as Rachel at first. Warner Bros. TelevisionNow one of the most sought-after actors in Hollywood, Aniston was still new to acting when the pilot of "Friends" was filmed. In 2013, Aniston told Us Weekly that she was the last of the six main cast members to be added to the series. Aniston proved integral to the cast and went on to win an Emmy for her performance as Rachel Green.
Persons: Jennifer Aniston, didn't, they'd, Rachel, Aniston, Rachel Green Organizations: Warner Bros . Television, Hollywood, Weekly
United Nations headquarters CNN —It’s one of the biggest security operations in America: Protecting thousands of world leaders and their entourages at the annual high level United Nations General Assembly meeting in New York. High shots from cameras looking at nearby corners outside the UN are always on. The UN security officials said its impossible to monitor all 1400 cameras at the same time but there are personnel checking out the scene. New York police and diplomatic security are tasked with rushing long and short motorcades from hotels across Manhattan to the UN and back. UN security officials say their priority is providing a secure environment.
Persons: CNN —, It’s, They’ve, Linda Thomas, Greenfield, Organizations: Nations, CNN, United Nations, Assembly, UN, New York Police Department, Secret Service, New York, New York Stock Exchange, New Locations: America, New York, Manhattan
Gen Z workers are redefining office dress codes with their fall fashion trends. AdvertisementCharli XCX may have painted this summer "Brat" green, but a new season — and thus new style trends — are upon us. As a result, office fashionistas are building their fall work wardrobes. As for "Brat Summer," Rose compared it to the pink craze sparked by "Barbie" summer in 2023, which she said faded away by September last year. The office encourages employees to wear what they want, and Butler takes full advantage by expressing her street style.
Persons: , what's, Zers, Jordan Booker, Jordan Booker Booker, Booker, Ralph Lauren, he's, Bella Hadid, Syndey Rose, Sydney Rose, Sydney Rose Rose, Rose, Barbie, Tealoni Butler, Butler, Tealoni Butler Butler Organizations: Service, Business, Nike, Sydney Locations: Patagonia
Elon Musk's Ad Astra school in Texas faces delays in opening. Ad Astra, located on a 40-acre former horse ranch, was expected to open this summer. AdvertisementElon Musk's Ad Astra school opening in Texas is getting delayed. It's not to be confused with the other Ad Astra School that Musk cofounded in 2014 alongside John Dahn. The previous Ad Astra school is now located at SpaceX's Starbase in Boca Chica, Texas, and had 16 children enrolled in its 2021-2022 academic year.
Persons: Elon, , HHSC, It's, Musk, John Dahn, Elon Musk Organizations: Elon Musk's Ad Astra, Texas Health, Human Services, Montessori, Ad Astra, Service, HHSC, Business, Astra, Ad Astra School, SpaceX, Bloomberg, Astra didn't Locations: Texas, Bastrop , Texas, Boca Chica , Texas
Lebanese authorities have said that the devices used in the attacks were Gold Apollo Rugged Pager AR-924 pagers and ICOM IC-V82 walkie-talkies. The logo of Taiwanese company Gold Apollo is seen outside its office in New Taipei City on September 18, 2024. Yan Zhao/AFP/Getty ImagesThe chairman and founder of Taiwan-based Gold Apollo, Hsu Ching-kuang, was questioned by Taiwanese prosecutors last Thursday before being released. On its YouTube channel and website, Apollo Systems HK said that it had acquired the “sole distribution rights” to Gold Apollo pager systems. Hsu Ching-kuang (L), head of Taiwanese company Gold Apollo, speaks to the media outside the company's office in New Taipei City on September 18, 2024.
Persons: Budapest CNN — Israel, Yoav Gallant, , Shin, Israel, Sean Moorhouse, ” Moorhouse, Mohamed Azakir, , Gold, ICOM, Yan Zhao, Hsu Ching, Hsu, Teresa, Teresa Wu, Wu, Jakub Porzycki, Cristiana, Arcidiacono, , DANS, Dimitar Glavchev, Rinson Jose, Jose, Hassan Nasrallah, ” Nasrallah, , Hassan Ammar, Volker Türk, Pallabi Munsi, Katie Polglase, Tara John, Eyad Kourdi, Avery Schmitz Organizations: Budapest CNN, Getty, Israel, CNN, British Army, American University of, American University of Beirut Medical Center, Reuters, United Nations, UN Security, UN, International, New York Times, Consulting, Budapest, Gold, Prosecutors, BAC Consulting, Apollo Systems Ltd, Taiwan’s International Trade Administration, Apollo Systems, Apollo Systems HK, YouTube, Apollo, AA, , NBC News, Norta Global, Norta, Norwegian Police Security Service, Security, “ Authorities Locations: Beirut, New Taipei City, Budapest, Lebanon, Beirut's, AFP, American University of Beirut, Taiwan, Hungary, Taipei, Taipei City, Hong Kong, United States, Australia, Europe, Bulgaria, Norway, Anadolu, pagers, Sofia, Norwegian, Gaza
The strike in the Beirut suburb of Dahiyeh came shortly after Israeli Prime Minister Benjamin Netanyahu addressed the U.N., vowing that Israel's campaign against Hezbollah would continue. The Israeli army spokesman, Rear Adm. Daniel Hagari, said it targeted the main Hezbollah headquarters, located beneath residential buildings. Hezbollah's Al-Manar TV said four buildings were reduced to rubble in the blast, so powerful it rattled windows and shook houses some 30 kilometers north of Beirut. Israel has moved thousands of troops toward the border in preparation. At the U.N., Netanyahu vowed to "continue degrading Hezbollah" until Israel achieves its goals, further dimming hopes for an internationally backed cease-fire.
Persons: Benjamin Netanyahu, Daniel Hagari, Hezbollah's, Netanyahu, Firass Abiad Organizations: Hezbollah, Hamas Locations: Beirut, Dahiyeh, Lebanese, Lebanon, Israel, Gaza, Israel's, Sidon, Nabatiyeh, Tiberias
Prosecutors allege New York City Mayor Eric Adams solicited travel from foreign businesspeople. As a city official, Adams should have disclosed the gifts and travel benefits, Williams said. AdvertisementThese are the travel benefits and luxury perks federal prosecutors allege Adams has solicited since 2016. Flights to France, Turkey, and ChinaIn 2017, Adams accepted free business class tickets for himself and travel companions to France, Turkey, and China, per the indictment. The travel benefits were worth more than $9,000 and Adams failed to disclose them, prosecutors said.
Persons: Eric Adams, Adams, , rebuking, Damian Williams, Williams Organizations: New York City, Service, New, Democratic, Turkish, Prosecutors, Business, Bentley, Turkey Prosecutors Locations: New York, Manhattan, Brooklyn, York, India, Turkey, France, China, Istanbul, Regis, Hungary, St, Ghana
That came after short-seller Hindenburg Research revealed last month it had taken a short position in the company, citing "fresh evidence of accounting manipulation." Cassava Sciences — The biotech company fell 11% after agreeing to pay $40 million to settle a case with the Securities and Exchange Commission. Wynn Resorts — The stock rose about 6% thanks to an upgrade to overweight from equal weight at Morgan Stanley. Amgen — The biotech's shares rose 2% after Cantor Fitzgerald initiated research coverage with an overweight rating. — The aerospace and defense stock added 16% following a price target increase from KeyBanc Capital Markets, which retained an overweight investment rating.
Persons: Bristol Myers, Hindenburg, Morgan Stanley, Amgen, Cantor Fitzgerald, Olivia Brayer, Michael Leshock, — CNBC's Sean Conlon, Alex Harring, Yun Li, Hakyung Kim, Samantha Subin, Pia Singh Organizations: Bristol Myers Squibb, Food and Drug Administration, Bristol, Nordisk —, JPMorgan, Wall, Costco Wholesale, Revenue, Wall Street Journal, Justice Department, Hindenburg Research, Securities and Exchange Commission, Wynn Resorts, UAE, HP Inc, Bank of America, KeyBanc Locations: Nordisk — U.S, Danish, Las Vegas
Lung cancer is rare in people under 45, but more women who have never smoked are developing the disease. She was young, healthy, and never smoked so was shocked when she was diagnosed with lung cancer. Although CDC data suggests rates of cigarette smoking, which is the leading risk factor for lung cancer in the US, have declined significantly over the last few decades, rates of non-smokers getting lung cancer are rising. Doctors quickly identified she had stage four, non-small cell lung cancer, which had spread to her pelvis, right femur, and cervical spine. She and her husband started Ten for Ten Million to raise funds for research at the MD Anderson Cancer Center.
Persons: Tiffany Job, , wouldn't, Job, KLC Lung, she'd, KLC Organizations: Service, American Cancer Society, CDC, Oncology, University of Texas, Anderson Cancer Center, cramp Locations: Texas
Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters. Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters. "The big-ticket items on the markets radar this week have been Libya and OPEC+," analysts at FGE Energy told clients on Thursday. A media report on Wednesday claimed the previously announced reversal is due to Saudi Arabia's decision to abandon a $100 oil price target and gain market share, causing oil prices to slide by 3% in the previous session. Still, the report has set off renewed speculation about a battle for market share at a time that investor sentiment was already at record lows, FGE noted.
Persons: Brent, Daniel Hynes, FGE Organizations: OPEC, Brent, U.S, West Texas, FGE Energy, Central Bank of, ANZ Bank, Organization of Petroleum, Reuters, ICE Brent Locations: Libya, OPEC, Central Bank of Libya, Saudi, Saudi Arabia
The company is seeking to sell 60 million shares at a price range of $20 to $23 per share. StandardAero previously filed to offer 46.5 million shares at the same $20 to $23 per share range. StandardAero will be a large IPO, likely raising about $1.3 billion at the midpoint. The IPO raise has been sub-par for three years running. IPO watchers note childcare provider KinderCare and digital health marketplace company Solera both could raise $500 million or more.
Persons: Safran, StandardAero, Carlyle, IPOs, StubHub Organizations: Dow Jones, Cerebras, StandardAero, New York Stock Exchange, GE Aerospace, Pratt & Whitney, Royce, Honeywell, Amer Sports, Ingram, Dunkin, Brands, Inspire Brands Locations: U.S
The good news is that recent data suggests a decline in overdose deaths, the first significant drop in decades. Skyrocketing overdose deaths are nearly unavoidable, regardless of whether a state enforces tough penalties for drug possession or decriminalizes it. Since 2021, at least two-thirds of America’s 100,000 annual overdose deaths involved a synthetic opioid like fentanyl. Overdose deaths in the Northeast Deaths per 100,000 people Looking at regional overdose deaths shows this pattern clearly. It’s not coincidental that the exponential rise in overdose deaths has occurred in tandem with a profound increase in income inequality.
Persons: bartenders, skyrockets, didn’t Organizations: for Disease Control, National Forensic Laboratory Locations: East Coast, United States, America, East, Mississippi, Texas, Idaho, Oregon, New York City, Chicago, Rural West Virginia, Florida, West, U.S, Mexico
US stocks rose after cool inflation data suggested more room for Federal Reserve rate cuts. The personal consumption expenditures price index increased 0.1% in August, matching estimates. AdvertisementUS stocks rose on Friday after cool inflation data suggested that the Federal Reserve has more room to cut interest rates. The personal consumption expenditures price index, which is considered the Fed's preferred inflation measure, increased 0.1% in August, in-line with economist estimates. On a year-over-year basis, the PCE Index rose 2.2%, slightly below economist estimates of 2.3%.
Persons: , Clark Bellin, Bellin, Sonu Varghese, that's, Varghese Organizations: Federal, Service, Federal Reserve, Bellwether Wealth, Business, Carson Group, Here's
Treasury yields dip ahead of key inflation data
  + stars: | 2024-09-27 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: 1 min
U.S. Treasury yields were lower on Friday, with investors looking to the release of key inflation data as they weighed the state of the economy. ET, the yield on the 10-year Treasury was down by over one basis point to 3.7714%. The 2-year Treasury yield was last at 3.6021% after falling by more than two basis points. Yields and prices have an inverted relationship. One basis point equals 0.01%.
Organizations: Treasury
The PDF document is a 271-page opposition research file on former President Donald Trump’s running mate, Sen. JD Vance, R-Ohio. But on Thursday, reporter Ken Klippenstein, who self-publishes on Substack after he left The Intercept this year, published one of the files. “If the document had been hacked by some ‘anonymous’ like hacker group, the news media would be all over it. As president, Trump authorized the assassination of military leader Qassem Soleimani. The Vance file appears to be the one Klippenstein hosts on his site.
Persons: Donald Trump’s, Sen, JD Vance, Ken Klippenstein, I’m, , Klippenstein, , Vance, Hillary Clinton’s, Trump, Mohammad Javad Zarif, Qassem Soleimani, Robert, Robert persona’s, Elon Musk, Joe Biden’s, Hunter, Substack Organizations: Politico, Trump, Google, Microsoft, NBC, National Intelligence, Intelligence, NBC News, New York Post Locations: American, R, Ohio, Iran, U.S, Substack
HOUSTON — A Black high school student in Texas who was punished for nearly all of his junior year over his hairstyle has left his school district rather than spend another year of in-school suspension, according to his attorney. It would allow him to return to school while a federal lawsuit he filed proceeds. George’s federal lawsuit also alleged that his punishment violates the CROWN Act, a recent state law prohibiting race-based discrimination of hair. In February, a state judge ruled in a lawsuit filed by the school district that its punishment does not violate the CROWN Act. Barbers Hill’s hair policy was also challenged in a May 2020 federal lawsuit filed by two other students.
Persons: HOUSTON, Darryl George, Jeffrey Brown, “ Judge Brown, ” George, Brown, George, , Allie Booker, unenroll, ” Booker, , Booker Organizations: U.S, Hill High School, locs Locations: Texas, Houston, Galveston, , Mont Belvieu
Smartmatic and Newsmax have reached a settlement in the voting technology company’s election defamation lawsuit against the right-wing news outlet shortly before the case was set to go to trial. The lawsuit focused on Newsmax's false claims that Smartmatic's machines rigged the 2020 presidential election for Joe Biden. Smartmatic sued Newsmax Media in 2021, alleging it claimed Smartmatic’s devices rigged the 2020 election. Former President Donald Trump and his allies have continued to promote false claims that the 2020 election results were manipulated to favor Biden. Smartmatic in April settled a similar defamation lawsuit against One America News for a sum that was not disclosed publicly.
Persons: Joe Biden, Newsmax, Smartmatic, Samira, Saba, Donald Trump, Biden Organizations: Newsmax, Newsmax Media, One America, Fox News, Fox Corp, Dominion Voting Systems Locations: Samira Saba
By comparison, from Ohio’s March primary through August, Democrats held the edge, dropping $78.5 million on ads to Republicans’ $59 million. “Bernie’s special interest allies are dumping hundreds of millions of dollars into this race to try and defeat Sherrod because they know Sherrod will always stand up to them to do what’s right for Ohio,” Brown spokesperson Matt Keyes said in a statement. Democrats, who hold a one-seat majority in the Senate, are growing increasingly nervous about Sen. Jon Tester’s re-election bid in Montana. Democrats had a clear advertising advantage coming out of a contentious March primary that cost Moreno’s campaign millions of dollars to win. Close behind is WinSenate, a political action committee affiliated with the Democrats’ Senate Majority PAC, which has spent more than $22 million this month.
Persons: Sen, Sherrod Brown, Bernie Moreno, Brown, , Jai Chabria, JD Vance’s, , Moreno, Sherrod, ” Brown, Matt Keyes, Jon Tester’s, Larry Hogan, Gary Peters of, “ We’re, ” Philip Letsou, Chuck Schumer, Kamala Harris, ” Letsou, Barack Obama, Donald Trump, “ Sherrod, Chris Grant, Moreno’s, it’s, beholden, Harris, Joe Biden, Bernie, Scott Guthrie, ” Peters, I’m, “ Jon Tester, ” Moreno, Reagan McCarthy, chastise Brown, Mary Ann, ” Mary Ann, Bernie Moreno’s, ” Chabria, Vance Organizations: CLEVELAND, Senate, Democratic, , GOP, Republican, Democratic Senatorial, National Press Club, National Republican Senatorial Committee, Democrat Party, lockstep, Democrats, Defend, Jobs, Fund, PAC, National Republican, Moreno’s, Locations: Ohio, Montana, Florida, Texas, Montana and Ohio, Arizona , Michigan, Nevada , Pennsylvania, Wisconsin, Maryland, Gary Peters of Michigan, Washington, lockstep ”, ” Ohio, Toledo
Donald Trump’s presidential campaign told NBC News on Wednesday that if the former president were re-elected, his administration would support “universal access” to in-vitro fertilization, potentially opening up the door for same-sex couples to receive coverage for the expensive fertility treatment. President Trump also supports universal access to contraception and IVF,” campaign press secretary Karoline Leavitt said in a statement. Many of Trump’s campaign promises regarding LGBTQ issues center on transgender people. Only seven states — including Colorado, Delaware, Illinois, Maine, Maryland, New Jersey and New York — require IVF benefits to include same-sex couples, according to a report from nonprofit news website Stateline. In May, a gay couple filed a first-of-its-kind class action lawsuit against New York City alleging that the city’s health insurance plan is discriminatory because it doesn’t cover IVF for male couples.
Persons: Donald Trump’s, Trump, Karoline Leavitt, ” Trump, We’re, , Leavitt, “ Contrarily, Kamala Harris, there’s, ” Kevin Munoz, Harris, Walz, “ Donald Trump’s, , ” Munoz, “ Trump, Sen, JD Vance, Vance, Biden, he’s, Organizations: NBC News, House, Republican, NBC, Republicans, Trump, Centers for Disease Control, Democratic, Department of Health, Human Services, New Locations: Alabama, White, Ohio, Colorado , Delaware , Illinois, Maine , Maryland , New Jersey, New York, New York City
Some attendees said they expected the evening to be like The Queen’s Ball: A Bridgerton Experience, an event affiliated with Netflix and Shondaland that is held in various cities across North America. The Detroit Bridgerton Themed Ball is also not affiliated with the show. As far as how organizers can rectify the situation, many attendees said they want their money back. Screenshots shared by some attendees in a Facebook group for the event suggest the tickets ranged in price between $119 and $1,000. “I spent so much on a look for this event,” Whitfield said.
Persons: “ Bridgerton, Netflix —, , Myster Whitfield, eventgoers, Whitfield, Willy Wonka, Charlie, Chelsea Beard, ” Beard, Daphne, , Kimberly Pineda, ” Pineda, “ It’s, ” Whitfield, Rakisha Johnson, ” Johnson, Johnson, wasn’t, didn’t, haven’t, Pineda, Beard Organizations: Netflix, NBC News, Factory, WXYZ, , Detroit Locations: Detroit, Glasgow, Scotland, North America, Instagram
The Treasury market, though, hasn’t been paying attention. Officials penciled in another 50 basis points in reductions by the end of the year and another 100 by the end of 2025. That sentiment is evident in the “breakeven” inflation rate, or the difference between standard Treasury and Treasury Inflation Protected Securities yields. The 5-year breakeven rate, for instance, has risen 8 basis points since the Fed meeting and is up 20 basis points since Sept. 11. Taken together, the various dynamics in the Treasury market are making it a difficult time for investors.
Persons: hasn’t, , Jonathan Duensing, — haven’t, , Robert Tipp, We’re, Jerome, Powell, ” Duensing, Tom Garretson, “ They’d, There’s Organizations: Federal Reserve, Treasury, Amundi, Fed, CME, Treasury Inflation, RBC Wealth Management
DALLAS — Southwest Airlines executives on Thursday outlined for Wall Street their vision to boost profits: extra legroom seats starting in 2026, assigned seating, international partnerships and overnight flights. Southwest’s new plan comes as its leaders seeks to fend off activist Elliott Investment Management, which has called for leadership changes. He had served as CEO of AirTran, the airline Southwest combined with in 2011, and was a consultant to Southwest after the merger. Southwest has supported Jordan despite calls for his replacement by Elliott, which didn’t immediately respond to the airline’s plan it laid out on Thursday. He called Southwest’s plan intentional and detailed.
Persons: , Ryan Green, , Bob Fornaro, Fornaro, Bob Jordan, Jordan, Elliott, didn’t, ” Jordan, “ We’ve, — CNBC’s Rohan Goswami Organizations: DALLAS, Southwest Airlines, Wall, Elliott Investment Management, Federal Aviation Administration, Southwest, Spirit Airlines, AirTran, Boeing Locations: Southwest, Atlanta, Dallas, Hawaii
Formula 1 driver Daniel Ricciardo was dismissed Thursday by the Red Bull Racing junior team effectively immediately, ending his second stint in the sport with an unusual mid-season departure. The move comes as the once-dominant Red Bull faces fresh struggles in the 2024 championship, and difficult questions about its future. The RB team is known for auditioning potential candidates to promote to the senior Red Bull team. Ricciardo began driving for the Red Bull junior team in 2011 before getting promoted to the senior team in 2014. Mekies welcomed Lawson, who has impressed leaders of the Red Bull team while occasionally subbing in for one of its drivers.
Persons: Daniel Ricciardo, “ I’ve, ” Ricciardo, , It’ll, Liam Lawson, Autodromo Enzo e Dino, Rudy Carezzevoli, Laurent Mekies, , ” Mekies, “ Daniel, Bull, Max Verstappen, McLaren’s Lando Norris, Ricciardo, Red Bull, Circuit Gilles Villeneuve, Darren Heath, Carlo, Mark Thompson, hasn’t, McLaren, Mekies, Lawson, “ I’d, Liam Organizations: Red Bull Racing, Red Bull, Emilia, Romagna, Autodromo Enzo, Circuit, Team, Bull, NBC News, McLaren, Canadian, Monaco, Circuit de Monaco, Red, Verstappen Locations: U.S, Austin , Texas, Las Vegas, Australia, Imola, Italy, , Montreal, Monte, Singapore
Gavin Newsom vetoed a bill Wednesday that would have helped Black families reclaim or be compensated for property that was unjustly taken by the government. The proposal by itself would not have been able to take full effect because lawmakers blocked another bill to create a reparations agency that would have reviewed claims. The California Legislative Black Caucus has backed a series of reparations packages in the state. The caucus cited concerns that the Legislature would not have oversight over the agency’s operations and declined to comment further on the reparations fund bill because it wasn’t part of the caucus’ reparations priority package. The administration’s Department of Finance said earlier this year it opposed the eminent domain bill because it was not specifically included in the budget.
Persons: Gavin Newsom, , ” Newsom, Carolyn Cole, Sen, Steven Bradford, Bradford, ” Bradford, Newsom Organizations: , California Legislative Black Caucus, Black Americans, Los Angeles Times, Getty, California State University, Associated Press, administration’s Department of Finance Locations: SACRAMENTO, Calif, — California, California, Los Angeles
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