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It's your last chance to shop Amazon Prime Day deals on tech, beauty products, vacuums and more. SKIP AHEAD The best Prime Day deals | More Prime Day sales to check out | The best sales at other retailersWant more from our everyday experts, straight to your inbox? Other Amazon Echo smart speakers are also on sale during Prime Day, including the Echo Spot ($44.99) and Echo Dot ($24.99). Best Prime Day salesHere are the best Prime Day sales to know about. Best Prime Day clothing, shoes and accessories salesBest Prime Day tech salesBest Prime Day home and kitchen salesBest Prime Day pet supplies salesBest Prime Day beauty and wellness salesBest Prime Day travel salesBest Prime Day food and beverage dealsPrime Day: Best sales at other retailersFrequently asked questions When does Amazon Prime Day end?
Persons: I’ve, they’re, It’s, Chamberlain, They’re, fanny, , Siri, Differin, dermatologists, shea, Alexa, Lindsay Schneider, Mili, it’s, you’ll, Chili Crisp, Zhong, TikTok Organizations: Amazon, NBC, AA, AAA, Apple, Netflix, Apple TV, Hulu, Spotify, Apple Music, Sirius XM, Chengdu Crunch, Amazon Prime, Wellness, Facebook, Twitter Locations: Chili, Zhong Sauce
CNN —The hosts of MSNBC’s “Morning Joe” rebuked the network’s leadership on Tuesday, expressing dismay over the decision to pull the flagship morning show program from the air Monday and telling viewers that they were not provided clear answers about the matter. But, as he noted, “that did not happen.”“We don’t know why that was that didn’t happen. Our team was not given a good answer as to why that didn’t happen,” Scarborough said. “But it didn’t happen.”get reliable sources in your inbox A daily digest chronicling the evolving media landscape with uncompromising reporting and analysis. The decision to pull “Morning Joe” was made with that political reality in mind.
Persons: Joe ”, Joe Scarborough, Mika Brzezinski, Willie Geist, Donald Trump, ” Scarborough, Cesar Conde, Rashida Jones, Brzezinski, ” Geist, we’d, ” Brzezinski, Organizations: CNN, NBC, NBCUniversal News Group, MSNBC, NBCUniversal News, Comcast, Sunday Locations: MSNBC’s, Scarborough
Tragedy strikes and traders (or trading algorithms) sniff out a way to make money off of it. Stocks also went on a tear as Covid-19 killed millions and gutted economies across the globe. “The market’s up today, but the market’s up every day,” Steve Sosnick, chief strategist at Interactive Brokers, tells me. Whether or not the political bump lasts, some traders did seize on the moment to double down on so-called Trump trades. In short, when the yield curve gets steeper, that’s a sign bond traders are nervous.
Persons: CNN Business ’, Stocks, it’s, Steve Sosnick, Sosnick, , , Trump, Reagan, Coinbase, Elon Musk, Sturm Ruger, he’s, Joe Biden —, ” Sosnick, they’re Organizations: CNN Business, New York CNN — Financial, Dow, Interactive, Trump, White, Macquarie, Trump Media, Smith, Wesson, Democratic, Treasury Locations: New York
New York CNN —MSNBC will not air “Morning Joe,” its celebrated politics roundtable program, on Monday, opting to instead air continued breaking news coverage of the attempted assassination of former President Donald Trump. The progressive news network confirmed the decision to preempt its influential and top-rated morning show after a CNN inquiry Sunday evening. GET reliable sources in your inbox A daily digest chronicling the evolving media landscape with uncompromising reporting and analysis. MSNBC has, in particular, been blasted by Trump’s allies, putting the network in the spotlight. Last year after Hamas executed its deadly October 8 attack on Israel, MSNBC quietly pulled three of its Muslim broadcasters from air.
Persons: , Donald Trump, Cesar Conde, Rashida Jones, Joe Scarborough, Mika Brzezinski, It’s, Semafor Organizations: New, New York CNN, MSNBC, CNN, Republican National Convention, NBC News, NBCUniversal News, Trump, Comcast Locations: New York, Israel
Fast-forward to seventh century East Anglia in the United Kingdom, where an Anglo-Saxon warrior king was buried alongside exquisite goods within a massive ship. Researchers are hoping to reconstruct the ship — and it’s not the only vessel gaining new life centuries after disappearing from time. Emily Harris/Zayed National MuseumUsing a supply list written on a clay tablet, a team of experts in the United Arab Emirates has reconstructed a Bronze Age ship. Once upon a planetScientists excavated a 52,000-year-old woolly mammoth skin from the Siberian permafrost. Love Dalén/Stockholm UniversityThe freezing temperatures of the Siberian permafrost preserved a piece of 52,000-year-old woolly mammoth skin so well that it contains a first-of-its-kind genetic treasure trove.
Persons: it’s, Emily Harris, Shipwrights, Jacob, Alex Braczkowski, Griffith University Jacob, Tibu, Butch Wilmore, Suni Williams, James Webb, Ashley Strickland, Katie Hunt Organizations: CNN, East, Zayed National, United Arab Emirates, Zayed National Museum, Griffith University, Uganda’s Queen Elizabeth, International Space Station, NASA, Boeing, European Space Agency, James Webb Space, Penguin, , CNN Space, Science Locations: Siberia, East Anglia, United Kingdom, Persian, Mesopotamia, Zayed, Abu Dhabi, Sweden, Denmark, Peru, Machu Picchu, Uganda’s, Stockholm, Western Australia
And yet one of the men, former President Donald Trump, 78, has been able to remake the Republican Party around his own divisive persona. Trump, between now and then, will pick a vice president from a short list of people who have previously criticized him but are now all in. Doug Burgum, who are also reportedly on Trump’s vice presidential short list, should be wary. A CNN poll released back in February, before Trump had sealed the Republican presidential nomination, suggested his top Republican rival, former South Carolina Gov. If Biden dropped out, Clyburn said he would back Vice President Kamala Harris.
Persons: Donald Trump, Joe Biden, Biden, Florida Sen, Marco Rubio, couldn’t, Rubio, Trump, Sen, J.D, Vance of Ohio, Trumper, Vance, Tim Scott of, Doug Burgum, Mike Pence, Trump’s, Nikki Haley, It’s, James Clyburn of, , , ” Clyburn, Clyburn, Kamala Harris, Alexandria Ocasio, Cortez, Bernie Sanders, hasn’t, ABC’s George Stephanopoulos, , , MAGA, Chris Whipple, Jessica Dean, ” Whipple Organizations: CNN, Republican Party, White, GOP, Republican National Convention, Trump, Republican, North Dakota Gov, Republicans, South Carolina Gov, Biden, Democratic, NBC, Progressives, Senate, Congress, Trump Biden Locations: Trump, Florida, Tim Scott of South Carolina, Trump’s, James Clyburn of South Carolina, Alexandria, Cortez of New York, Vermont
Instead, the single best economic news of the past decade is but a murmur of chit-chat, barely audible against a clamor of politicos shouting about President Joe Biden’s age. Bidenomics worked and no one caresFor the past three years, President Biden’s biggest political liabilities have been painfully obvious: his age and inflation. Still, Thursday should have been a day for the White House to spike the football and double down on a message that has, historically, fallen flat — that Bidenomics is working. Rather than doing a victory lap, Biden on Thursday was preparing for a high-stakes news conference in front of a ravenous White House press corps that focused their questions almost entirely on his fitness to lead. The White House can finally cross out “inflation” on its list of presidential liabilities.
Persons: CNN Business ’, New York CNN —, it’s, Aaron Sojourner, Jay Powell, Joe Biden’s, Bidenomics, Biden’s, doesn’t, that’s, whoever’s, aren’t, Alicia Wallace, Biden, Donald Trump, it’ll, sipping Champagne Organizations: CNN Business, New York CNN, econ, Biden, Consumers, Labor Department, White, House, Democratic Locations: New York, America
CNBC Daily Open: A true bull market — it's not Wall Street
  + stars: | 2024-07-11 | by ( Abid Ali | ) www.cnbc.com   time to read: 1 min
Traders work the floor of the New York Stock Exchange on July 25, 2023, in New York City. Angela Weiss | AFP | Getty ImagesThis 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. What you need to know todayGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. SubscribeThe bottom line
Persons: Angela Weiss Organizations: New York Stock Exchange, AFP, Getty, CNBC Locations: New York City
Here’s how Biden would actually be replaced
  + stars: | 2024-07-11 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +10 min
The president noted he overwhelmingly won Democratic primaries, which is why nearly all of the convention delegates are currently considered to be pledged to him. Biden is correct that the Democrats’ rules allow delegates to vote for the candidate of their choice. She told me how the process of replacing Biden would work considering nearly all of the 3,949 pledged convention delegates are currently pledged to support him. Sort of legally, according to party rules, he could be replaced anytime up to the roll call at the convention. Party leaders may yet carry on with the plan as a way to squash questions about Biden.
Persons: Joe Biden, , ” Biden, It’s, Biden, Elaine Kamarck, Kamarck, it’s, Jimmy, Carter, Sen, Edward Kennedy, They’ve, Michigan’s Gretchen Whitmer, Maryland’s Wes Moore, California’s Gavin Newsom, Kamala Harris, energize, Shelby Tauber, That’s, she’s, they’re, They’re, who’s, they’ve, , ” It’s, , We’ve, Kennedy, Reagan, Ford, Hur, you’re, Read, CNN’s Arit John, Ethan Cohen Organizations: CNN, Democratic National Convention, Democratic, Brookings Institution, Democratic Party, LBJ, Biden, Brookings, Republicans, Democrats Locations: New Hampshire, Alabama, Maine, Utah, Dallas , Texas, Chicago, Ohio
Since September, when Fraser laid out her vision for a more streamlined Citigroup, the bank’s stock has shot up more than 50%. For the first time in nearly two decades, Wall Street appears to be feeling something almost like optimism about America’s third-largest bank. But speaking of Fraser’s tenure, Mayo sounded unusually sanguine about her progress in simplifying Citi’s notoriously labyrinthine corporate structure. Still, Mayo said the bank offers the “worst-in-class efficiency, returns and stock market valuation.”“I think she will pull it off. Of course, Fraser, who took over in March 2021, is still being haunted by the sins of Citi’s past.
Persons: CNN Business ’, Jane Fraser, , Fraser, Revlon —, Jane Fraser’s, , Mike Mayo, , ” Mayo, Mayo, “ It’s, I’m Organizations: CNN Business, New York CNN, Citigroup, Citi, Revlon, JPMorgan Chase, Bank of America, Wells Locations: New York, Wells Fargo
Read previewThis as-told-to essay is based on a conversation with Angelica Miller, a 31-year-old recruiter from Arizona who was recently laid off. I knew that being a single mom would be tough, but I was determined to create a stable home for my son no matter what. I'd been working as a recruiter for an equipment rental company for only a few months when I found out I was pregnant, and I was grateful that they were so supportive. AdvertisementI was absolutely devastated when I was laid offOne morning, my boss pinged me to have a quick chat. If you were unexpectedly laid off and want to share your story, please email Tess Martinelli at tmartinelli@gmail.com.
Persons: , Angelica Miller, It's, he'd, I'd, pinged, Tess Martinelli Organizations: Service, Business, LinkedIn Locations: Arizona, tmartinelli@gmail.com
New York CNN —In lower Manhattan, a jury is now weighing a case against a little-known investor who made it big, lost everything, and briefly brought Wall Street to its knees. His positions were so large that when the stocks started falling, it had a seismic effect on the market. And on Tuesday, after a two-month trial in New York federal court, the case was handed over to a jury that will decide their fate. Before Archegos, market watchers knew unregulated family offices were a problem, and they knew that swaps going unreported was a problem. “Fifteen years after the global financial crash, we still have gross under-regulation of non-banks, and we have Wall Street megabanks engaged in high-risk activities that aren’t properly regulated,” Kelleher told me.
Persons: CNN Business ’, Bill Hwang, Wall, Bill Hwang’s, Hwang, Patrick Halligan, Halligan, Josh Naftalis, , Naftalis, Goldman Sachs, Morgan Stanley, Dennis Kelleher, Wang, there’s, megabanks, ” Kelleher, Organizations: CNN Business, New York CNN, Warner Bros, Prosecutors, Bloomberg, Southern, of, Pallas Partners Locations: New York, Manhattan, of New York
CNN —President Joe Biden and his advisers keep issuing unequivocal declarations that he’s staying in the 2024 race, but Democrats aren’t hearing it. “Speaker Pelosi fully supports whatever President Biden decides to do,” a spokesperson said in a subsequent statement. “Donald Trump is on track, I think, to win this election, and maybe win it by a landslide, and take with him the Senate and the House,” he told CNN’s Kaitlan Collins. Trump is currently aheadCNN’s Road to 270 assessment of the electoral map shows Trump in position to win the election. “Donald Trump and the Republicans have loved every minute of watching this discussion,” Rep. Debbie Dingell, who represents the battleground state of Michigan, told CNN’s Jessica Dean.
Persons: Joe Biden, , Nancy Pelosi, , Biden, Pelosi, Vermont Sen, Peter Welch, , Colorado Sen, Michael Bennet, “ Donald Trump, CNN’s Kaitlan Collins, Adam Smith, ” Smith, Trump, CNN’s Wolf, Ritchie Torres —, Biden —, Clooney, George Clooney, cohosted, “ Joe Biden, ” Clooney, He’s, Rob Reiner, Michael Douglas, ABC’s George Stephanopoulos, doesn’t, Lester Holt, ’ Bennet, Sens, Sherrod Brown, Jon Tester, ” Bennet, Donald Trump, CNN’s, Ronald Brownstein, Clarence Thomas, Samuel Alito, Harry Enten, CNN’s Jim Acosta, Hakeem Jeffries, Annie Grayer, Manu Raju, Jeffries, Debbie Dingell, CNN’s Jessica Dean Organizations: CNN, Democratic, Democrat, New York Rep, Congressional Black Caucus, The New York Times, Democrats, Trump, Biden, Hollywood, Democratic National Convention, NATO, NBC, Colorado Democrat, Senate, Republicans, White, House Democratic Caucus, Locations: Vermont, Washington, Los Angeles, California, Chicago, Russia, New York City, Georgia , Michigan, Nevada, Michigan
Former Sen. Jim Inhofe, a Republican from Oklahoma, has died at age 89, Tulsa World and Politico report. AdvertisementThe Oklahoma Republican first became chairman of the Senate Environment and Public Works Committee in 2003, and served as the committee's top Republican until 2017. Inhofe's position as chair of the environmental committee offered him a prominent platform from which he denied the science behind climate change. But despite his record on climate change, Inhofe notably had a warm friendship with his counterpart Boxer, a liberal Democrat who was outspoken about the need to address climate change. Advertisement"Jim is a climate change denier, he is really, really conservative," said Sanders, noted that even praising Inhofe had the potential to "probably ruin his political career."
Persons: Sen, Jim Inhofe, Kay, David Boren, Inhofe, John McCain's, Democratic Sen, Barbara Boxer of, Tom Williams, Al Gore, who's, Al Gore's, Boxer, Mitch McConnell, Boxer's, Independent Sen, Bernie Sanders of, Sanders Organizations: Service, Republican, Tulsa, Politico, Senate, Business, State, Senate Armed, Committee, Democrats, Democratic, Environment, Public, Oklahoma, of, Oklahoma Republican, Senate Environment, University of East, ABC News, Democrat, Associated Press, Independent, firebrand Locations: Oklahoma, Barbara Boxer of California, Iowa, Tulsa, University of East Anglia, United Kingdom, Flint , Michigan, Bernie Sanders of Vermont
A $1.9 million beach house sold for $200,000 after parts of the land were swallowed by the sea. Owner Jane Carlin sold the Nantucket property to a neighbor who knows it's on borrowed time. Offering homes at risk for free has become common practice due to the removal cost. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. According to the local outlet, Jane Carlin and her husband, Ben Gifford, bought the beach house in 1988 on the western end of Nantucket, a crescent-shaped island 30 miles off the coast of Cape Cod, Massachusetts.
Persons: Jane Carlin, Ben Gifford Organizations: Service, Nantucket Current, Business Locations: Nantucket, Cape Cod , Massachusetts
Scientists have uncovered a new source of hazardous "forever chemical" pollution: the rechargeable lithium-ion batteries found in most electric vehicles. Some lithium-ion battery technologies use a class of PFAS chemicals, or per-and polyfluoroalkyl substances, that helps make batteries less flammable and conduct electricity. Scientists tested more than a dozen lithium-ion batteries used in EVs and consumer electronics like laptops, and found bis-FASIs at various concentrations. They can also leach into the environment from landfills, where the majority of lithium-ion batteries end up. AdvertisementThe study said only about 5% of lithium-ion batteries are recycled, and by 2040, there could be some 8 million tons of lithium-ion battery waste.
Persons: They've, Jennifer Guelfo, PFAS, Lee Ferguson, Guelfo, PFOA, hasn't, Corteva Organizations: Service, Nature Communications, Business, Texas Tech University, Duke University, Environmental Protection Agency, Solvay, Chemours, DuPont Locations: US, Belgium, France, Minnesota , Kentucky, Antwerp, Salindres
Russian President Vladimir Putin speaking to Indian Prime Minister Narendra Modi during their meeting at Taj Exotic Hotel on October, 15, 2016 in Benaulim, Goa, India. Mikhail Svetlov | Getty Images News | Getty ImagesIndia's Prime Minister Narendra Modi is set to meet President Vladimir Putin in Moscow on Monday, marking his first visit to the Kremlin since the invasion of Ukraine. Their meeting is significant as it's the Indian premier's first bilateral trip overseas since he was reelected for a rare third term in June. watch now"This trip will rankle many Western observers," an analyst at the Lowy Institute pointed out in a published commentary. India's refiners have been snapping up discounted Russian oil since the start of the Ukraine war.
Persons: Vladimir Putin, Narendra Modi, Mikhail Svetlov, Vinay Kwatra, Kwatra, India's, Lowy Organizations: Indian, Taj Exotic, Getty, India's, Kremlin, Shanghai Cooperation Organization, United Nations, East Asia Summit, Lowy Institute Locations: Benaulim, Goa, India, Moscow, Ukraine, Russia, Russian, Europe
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. However, recent profit-taking and valuation concerns led to a pullback and a rare downgrade from a Wall Street analyst. Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. Kolanovic wasn't the only Wall Street strategist to be caught out by the bull run — but rival banks have incrementally increased their calls.
Persons: Skydance, David Ellison, Marko Kolanovic, Kolanovic, Lori Calvasina, Calvasina, Tesla, Tom Narayan, Squawk, Narayan, Tom Sosnoff, Bill Ackman, Warren Buffett, Sosnoff, — CNBC's Pia Singh, Alex Harring, Holly Ellyatt, Ruxandra Iordache, Ryan Browne, Samantha Subin, Lim Hui Jie, Leslie Josephs Organizations: New York Stock Exchange, CNBC, Nvidia Nvidia, Wall, Paramount, Skydance Media, Paramount Global, Hollywood, Boeing, Justice Department, JPMorgan, RBC Capital Markets, RBC Locations: Hollywood
Hotels are reducing how much food they waste at their breakfast buffets by installing AI-powered cameras above their kitchen trash cans. Of this, nearly 30% was wasted in the food service sector. Food loss in the supply chain and food waste generate almost five times the total greenhouse gas emissions from the aviation sector, per the UNEP. Reducing food waste can boost a company's eco credentials — and cut costs. Winnow's clients include hotels, cruise lines, universities, and food service companies that provide professional catering services.
Persons: they're, Marc Zornes, Winnow, Zornes, Hilton, Sebastian Nohse, Hilton EMEA's, didn't, Nohse, Paul Fairhead Organizations: Service, Business, Chefs, United Nations Environmental, UNEP, Guckenheimer, United Arab Emirates Locations: East
CNN —The grasslands, glaciers and snow-tipped peaks of the Tibetan Plateau are breathtaking, but the vast expanse in Central Asia is also one of Earth’s harshest environments. Archaeologists long believed the Tibetan Plateau — more than 13,000 feet (about 4,000 meters) above sea level — was one of the last places on the planet to be settled. We are familyBaishiya Karst Cave is seen at the edge of Ganjia Basin on the Tibetan Plateau. Now, Baishiya Karst Cave, on the northeastern edge of the Tibetan Plateau, is helping answer many questions about who the Denisovans were. The analysis is shedding light on how the extinct humans thrived in the ice age environment for more than 100,000 years.
Persons: Bill Nelson, BRIN, Gerard Talavera, nestmates, Ashley Strickland, Katie Hunt Organizations: CNN, Lanzhou University Researchers, China National Space Administration, NASA, Apollo, FBI, BRIN Google, Scientists, Botanical Institute of Barcelona, CNN Space, Science Locations: Central Asia, Ganjia, Siberia, Tibetan, China, what’s, Indonesia, India, Bangladesh, Delta, Guiana, Talavera, Spain, , Massachusetts
His name was Jim Dollinger. Dean Jim Dollinger, if you want to be professional about it. For two years, he watched the implosion of my dismal high school career from his administrative perch as dean of students. My situation was this: I was finishing my sophomore year of high school and had probably attended fewer days than I’d missed. I’d failed nearly all my classes, and my transcript boasted a 0.47.
Persons: hadn’t, he’d, Jim Dollinger, Dean Jim Dollinger, , I’d Organizations: Southwest, The Chicago Tribune, Locations: Phnom Penh, Cambodia, Southeast Asia, West, Southwest United States
CNBC Daily Open: UK Labour landslide victory, exit poll says
  + stars: | 2024-07-05 | by ( Abid Ali | ) www.cnbc.com   time to read: 1 min
In this article EVRTSLA Follow your favorite stocks CREATE FREE ACCOUNTAn exchange trader at the Frankfurt Stock Exchange looks at his monitors. Boris Roessler | Picture Alliance | Getty ImagesThis 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. What you need to know todayGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. SubscribeThe bottom line
Persons: Boris Roessler Organizations: Frankfurt, Getty, CNBC
Read previewThis as-told-to essay is based on a conversation with Trevon Gripper, a 32-year-old job seeker in Texas. There's been a huge change from when I started applying a year ago, when I was like, "remote, remote, remote." Trevon Gripper in a Microsoft video interview in March 2024. Courtesy of Trevon GripperGetting a remote job has become so hardI started a spreadsheet to track my applications and stay organized. Trevon Gripper promoting training content at the company he worked for in March 2023.
Persons: , Trevon Gripper, I've, It's, There's, Trevon, it's, Upskilling, what's, I'm Organizations: Service, Business, Microsoft, LinkedIn Locations: Texas, Houston, Seattle, Atlanta, Gripper
The five secrets to Ferrari’s success as a luxury brand
  + stars: | 2024-07-04 | by ( Robert Frank | ) www.cnbc.com   time to read: +10 min
In this article RACE-IT Follow your favorite stocks CREATE FREE ACCOUNTwatch nowIn the world of luxury, Hermès is arguably the gold standard. Analysts predict Hermès could surpass Louis Vuitton in revenue within the next three years as the world's largest luxury brand. There is one luxury company, however, that has raced past Hermès when it comes to growth and brand cache – Ferrari. To better understand what makes Ferrari a luxury brand, CNBC traveled to Ferrari headquarters in Maranello, Italy, to interview the company's CEO, Benedetto Vigna. "A luxury company is a company that is using technology, innovation, storytelling, heritage, everything, with the ultimate goal to feed that emotional side that we all have."
Persons: Birkin, Louis Vuitton, Hermès, Enzo Ferrari, Ford, Ferrari, Bernstein, Luca Solca, Benedetto Vigna, Robert Frank, Vigna, Adam Jeffery, Solca, Ferraris, Martyn Lucy, Bernard Arnault, Crystal Lau, Francesca Volpi Organizations: Ferrari, New York Stock Exchange, General Motors, CNBC, Ferraris, Goodwood Festival, Getty, Spiders, Rolex, Hermès, Bloomberg Locations: Maranello, Italy, Geneva, Chichester , England, it's, California, Roma
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. The first orbital rockets, satellites, and even the Apollo architecture were born of the military and its aerospace contractors. Historically, the biggest defense contractors have long been the winners of the largest space contracts – and that's still true today. The top pure-play space companies get a significant, if not majority, amount of revenue from military work under contracts from the U.S. and its allies. And the importance of military contracts is also going further upstream, as venture capital looks more explicitly toward startups that are winning and delivering on early military deals.
Persons: CNBC's Michael Sheetz, I'm, Peter Beck, Beck Organizations: Pentagon, U.S . Space Force, NASA, SpaceX, Space Force, NRO Locations: U.S, Ukraine, China, Taiwan
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