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☆ Dollar General settles with the Labor Department over workplace safety violations
▼ + stars: | 2024-07-11 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

The U.S. Department of Labor announced a settlement Thursday with Dollar General , requiring the retailer and its subsidiaries to pay $12 million in penalties and implement significant workplace safety improvements in its more than 19,000 stores nationwide. Gun violence has also been an issue for Dollar General stores: 49 people have been killed and 172 people have been injured at Dollar General stores by gun violence, according to 2023 data from nonprofit Gun Violence Archive. A repeat offender with the Department of Labor, Dollar General became the first company to be added to OSHA's "severe violators" of workplace safety rules list in 2023, after the agency expanded the reach of its safety enforcement program. The settlement with the Department of Labor also requires Dollar General to monitor outcomes of those efforts and provide quarterly reports to OSHA. CNBC has reached out to Dollar General for additional comment.

Persons: Health Douglas Parker Organizations: U.S . Department of Labor, Dollar, federal, Safety, Health Administration, Violence, Department of Labor, Occupational Safety, Health, Safety Operations Center, OSHA, CNBC Locations: Tennessee

The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the 2024 Summer Olympics. Sopa Images | Lightrocket | Getty ImagesSportsbooks and daily fantasy operators are preparing for a Summer Olympics bump. The gaming industry expects an increase in wagering from the previous Summer Games in Tokyo, particularly for sports like men's and women's basketball, soccer and tennis. Even so, the expected rise in Olympics gambling underscores just how much the market has boomed in recent years. The Tokyo Olympics came just a few years after the Supreme Court ruling that paved the way for legal betting across the U.S.

Persons: Max Bichsel, it's, Jordan Bender, DraftKings, Bender, Peacock, Robert Gauthier Organizations: Rings, Eiffel, Getty, U.S, North America, Gambling.com, NFL, NBA, Citizens, Tokyo, American Gaming Association, NHL, Olympics, Winter, NBC, Basketball, Saitama Super, Los Angeles Times Locations: Paris, Tokyo, North, U.S, Beijing, Japan, USA, France

☆ Athletic Brewing raises $50 million as non-alcoholic wave sweeps brewing
▼ + stars: | 2024-07-09 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

The brewer plans to use the latest investment to increase production capacity and expand its offerings at global retailers to meet rising consumer demand for non-alcoholic beer. Leading non-alcoholic brewer Athletic Brewing Company announced Tuesday it's raised an additional $50 million in equity financing in a round led by General Atlantic. Athletic Brewing launched its non-alcoholic craft brewing facilities in 2018 and has since grown to become the 10th largest U.S. craft brewery and 20th largest overall U.S. brewing company, despite only offering non-alcoholic options, according to rankings by the Brewers Association. Athletic holds over 19% market share within non-alcoholic beer and is driving 32% of total non-alcoholic beer category growth, according to NielsenIQ data. Established beer companies like Heineken , Constellation Brands -owned Corona, Anheuser-Busch's Budweiser and even Diageo's Guinness have also hopped on the trend, introducing non-alcoholic beer offerings of their own.

Persons: Bill Shufelt, John Walker, We're, CNBC's, it's, Shufelt, Diageo's Guinness, We've Organizations: Athletic Brewing’s, Athletic, General, Athletic Brewing Company, General Atlantic, Athletic Brewing, Brewers Association . Athletic, Revenue, CNBC, Street, NCSolutions, Heineken, Constellation Brands, Corona, Anheuser, Budweiser Locations: Stratford , Connecticut, U.S, Milford , Connecticut, San Diego

☆ Rural retailer Tractor Supply eliminates DEI roles, Pride support and carbon emissions goals
▼ + stars: | 2024-06-28 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

Shoppers are seen at the parking lot of a Tractor Supply Co. store near Bloomsburg. Tractor Supply is also retiring initiatives aimed at reducing environmental impact and improving employee diversity. Tractor Supply said it's making the changes to better represent the values of the communities and customers it serves. "Rural communities are the backbone of our nation and what make America great," Tractor Supply said in the news release. CNBC contacted Tractor Supply for more details about the changes, and the company declined to comment beyond the release.

Organizations: Tractor Supply Co, Bloomsburg . Tractor, Human Rights, Pride, Human, Pride Month, Tractor Supply, ", FFA, CNBC, Supreme, Starbucks, Disney, Target, Pfizer, Associated Press Locations: Bloomsburg, America

☆ FedEx shares jump after hours as massive cost-cutting measures kick in
▼ + stars: | 2024-06-25 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +4 min

FedEx shares soared more than 15% after hours Tuesday after the company reported results that topped analysts' estimates in both earnings and revenue. FedEx further expects the demand environment to moderately improve through the next fiscal year, according to Carere. Investor's eyes are also on the company's largest segment Express, which has been struggling with margin growth the past year. Subramaniam said improving performance of the Express segment is a "top priority" for the company. USPS was the largest customer for the company's Express segment.

Persons: Brie Carere, Carere, Raj Subramaniam, Subramaniam, John Dietrich Organizations: FedEx, LSEG, Services, Federal Express Corporation, U.S . Postal Service, United Parcel Service, UPS, USPS Locations: United States

☆ Experts say Shein's U.S. IPO is all but dead
▼ + stars: | 2024-06-21 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

The Shein logo can be seen on a smartphone, while the Chinese online retailer's website is open on a laptop. China-founded e-commerce company Shein's hopes of going public in the United States are growing slimmer by the day, according to experts, as rising tensions between Beijing and the U.S. roil business and trade. A London IPO could, in theory, be easier than a U.S. offering, according to Bochanis. If Shein's London IPO succeeds, it is unlikely to keep pursuing a U.S. offering, said University of Florida finance professor Jay Ritter, who studies IPOs. It became one of the first prominent Chinese companies to do so in the U.S. even as the Biden administration has increasingly cracked down on Chinese-made electric vehicles.

Persons: Shein's, confidentially, Angelo Bochanis, Bochanis, Jay Ritter, Zeekr, Biden Organizations: U.S, National Retail Federation, CNBC, TJX Companies, UBS, Target, Walmart, Renaissance, Securities and Exchange Commission, London Stock, University of Florida Locations: China, United States, Beijing, U.S, London

☆ Watch Boeing CEO Dave Calhoun testify before Senate panel on whistleblower allegations
▼ + stars: | 2024-06-18 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

Boeing CEO Dave Calhoun will face questions from the Senate Permanent Subcommitee on Investigations on Tuesday over quality control concerns and whistleblower allegations. Boeing's bestselling 737 Max plane has been the source of controversy since two deadly crashes in 2018 and 2019. Following the incident, company whistleblower Sam Salehpour came forward and claimed that the aerospace company put excessive stress on airplane joints, which reduced some of the planes' lifespans. Mohawk alleges that the lost parts were likely installed on airplanes in Boeing's Washington plant where 737 Max models are made. The company announced March that Calhoun will step down from his post as CEO before the end of the year.

Persons: Dave Calhoun, Max, Sam Salehpour, Sam Mohawk, Calhoun, — CNBC's Leslie Josephs Organizations: Boeing, Alaska Airlines, CNBC, YouTube Locations: Boeing's Washington

☆ Nathan's hot dog contest parts ways with champion Joey Chestnut over plant-based frank partnership
▼ + stars: | 2024-06-11 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

The Nathan's Famous Fourth of July hot dog eating contest will be down one dog this year. Major League Eating announced Tuesday that it's parting ways with 16-time champion Joey "Jaws" Chestnut ahead of this year's competition, hosted by Nathan's Famous . Joey Chestnut holds the Guinness World Record for eating the most hot dogs in 10 minutes, a title he won at the annual hot dog eating contest in 2021. Nathan's Famous Hot Dog Eating Contest in Coney Island, New York, is a Fourth of July tradition and broadcast nationally on ESPN. It's also a marketing strategy for Nathan's Famous, whose signature offering, the hot dog, is on a decline.

Persons: Joey Chestnut, Frankster, Joey, Nathan's, Chestnut, MLE, Richard Shea, It's Organizations: League Eating, CNBC, New York Post, Impossible Foods, Labor, ESPN Locations: Manhattan, New York City , New York, U.S, Coney Island, Coney Island , New York

☆ Warner Bros. Discovery strikes 10-year deal to broadcast the French Open in the U.S.
▼ + stars: | 2024-06-11 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

Warner Bros. The deal is set to make Warner Bros. Warner Bros. Discovery-owned Eurosport has been broadcasting the French Open to 55 countries outside the U.S. since 1989, according to a press release. Meanwhile, Warner Bros. With the hangover from the Hollywood writers' strike and cost-cutting measures across the industry, including at Warner Bros.

Persons: Spain's Rafael Nadal, Germany's Alexander Zverev, Philippe, Chatrier, Roland Garros, Roland, Garros, Luis Silberwasser, Comcast's, Venu, Disney's, NBCUniversal, — CNBC's Alex Sherman Organizations: Roland, Warner Bros, TNT Sports, Garros, French Tennis Federation, Discovery, Grand, Warner Bros ., Eurosport, TNT, TBS, Comcast's NBC, Tennis, Disney's ESPN, Fox, TruTV, National Hockey League, NASCAR, U.S, Soccer, College Football, ESPN, NBA, CNBC, Hollywood, Comcast Locations: Paris, U.S, NBCUniversal

☆ Dollar Tree is exploring a sale of its Family Dollar brand
▼ + stars: | 2024-06-05 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

Dollar Tree announced Wednesday it is considering a sale of its more grocery-focused Family Dollar brand. "The unique needs of each banner at this time – transformation at Family Dollar and growth acceleration at Dollar Tree – lead us to the decision to conduct a thorough review of strategic alternatives for the Family Dollar business." Dollar Tree bought Family Dollar in 2015 for almost $9 billion. The update came alongside Dollar Tree's fiscal first-quarter earnings report, in which Family Dollar lagged. Same-store sales for the company's Dollar Tree brand rose 1.7% while Family Dollar sales climbed only 0.1%.

Persons: Davis Polk, Richard Dreiling Organizations: Dollar, JPMorgan, Davis, Enterprise, LSEG, Walmart Locations: Marietta , Oklahoma

☆ Warner Bros. Discovery hikes prices for Max streaming service
▼ + stars: | 2024-06-04 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

Discovery 's Max announced price increases for its ad-free options on Tuesday, as a range of streamers make their memberships more expensive. Discovery and Disney's decision to bundle their streaming services, Disney+, Max and Hulu. Discovery last month missed both top- and bottom-line estimates for its first-quarter earnings report, despite adding two million direct-to-consumer streaming subscribers during the quarter. This is only the second time Max has raised prices for its ad-free service since its launch. Last summer, Netflix got rid of its cheapest basic ad-free option in the U.S. and U.K. markets, offering a cheaper yet ad-supported option and more expensive ad-free options instead.

Persons: Max, Hulu, David Zaslav, Comcast's NBCUniversal Organizations: Warner Bros, Warner Bros ., Disney, CNBC, Discovery, Netflix, Comcast Locations: U.S, NBCUniversal

☆ Ulta Beauty lowers guidance after first-quarter sales slowdown
▼ + stars: | 2024-05-30 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

Ulta Beauty reported on Thursday fiscal first-quarter earnings that showed the effects of a slowdown its CEO had previously warned about. Ulta reported that it is now expecting net sales in the range of $11.5 billion to $11.6 billion and comparable sales in the range of 2% to 3%. The company previously guided to full-year net sales of $11.7 billion to $11.8 billion and comparable sales of 4% to 5%. Ulta CEO Dave Kimbell in April warned of cooling demand in the beauty category at an investor conference. AI-powered beauty company Oddity Tech recently told CNBC the industry isn't seeing so much a slowdown, but a shift.

Persons: Ulta, Dave Kimbell, Kimbell, Lindsay Drucker Mann, Baird, Jane Hali Organizations: LSEG, Tech, CNBC, Associates

☆ McDonald's exec says average menu item costs 40% more than in 2019
▼ + stars: | 2024-05-29 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

A top McDonald's executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of McDonald's USA, said in an open letter Wednesday that the average price of McDonald's menu items is up around 40% since 2019. Erlinger said the average price of a Big Mac meal today is $9.29, up 27% from $7.29 in 2019. The price for a 10-piece McNuggets meal is up 28% over the same period, and the price of medium french fries increased 44%. Erlinger added the cost increases are tied to similar increases in input costs such as crew salaries and cost of goods.

Persons: Joe Erlinger, Erlinger, we've Organizations: McDonald's, House Republicans Locations: McDonald's USA

The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations. "The DOJ's complaint attempts to portray Live Nation and Ticketmaster as the cause of fan frustration with the live entertainment industry. Live Nation and Ticketmaster merged in 2010, creating a dominant entity in the live event industry. Through Ticketmaster, Live Nation controls roughly 80% or more of major concert venues' primary ticketing for concerts, the complaint said. Live Nation earlier this month reported its "biggest Q1 ever," citing first-quarter revenue that was up 21% from the prior-year period.

Persons: Taylor, General Merrick Garland, Dan Wall, Taylor Swift Organizations: U.S . Department of Justice, Ticketmaster, DOJ, The Justice Department, Southern, of, Oak View, Nation, Live Locations: United States, North America, U.S, of New York

☆ Wendy's will offer $3 breakfast deal, as rivals such as McDonald's test value meals to drive sales
▼ + stars: | 2024-05-20 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

An exterior view of a Wendy's fast-food restaurant in Bloomsburg, Pennsylvania, on May 19, 2024. Wendy's will offer a $3 breakfast combination meal starting Monday, as restaurant chains look for new ways to drive sales while consumers pull back on dining out. Last week, CNBC reported the fast-food giant's $5 meal deal would be available in stores for only a month, starting June 25. Wendy's earlier this month reported first-quarter revenue grew a modest 1.1% to $534.8 million. Although higher prices have helped the chain's revenue, they have scared away some low-income customers.

Persons: Wendy's, McDonald's, Ian Borden Organizations: CNBC, Consumers, KFC, Taco Bell, Yum Brands Locations: Bloomsburg , Pennsylvania

☆ Spirit Airlines gets rid of change and cancellation fees, joining Frontier
▼ + stars: | 2024-05-20 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Spirit Airlines is doing away with both change and cancellation fees, effective immediately, days after Frontier's similar announcement, part of an overhaul of the country's biggest discount carriers' longtime strategy. Ancillary revenue routinely surpasses those airlines' ticket prices. Most larger rivals such as Delta , American , Alaska and United got rid of change fees during the pandemic except for the cheapest, most restrictive tickets. Along with getting rid of change fees, Frontier also announced Friday that it will start offering bundles that include add-on options such as early boarding and checked baggage that they previously offered a la carte.

Persons: Matt Klein, Joe Biden, Biden Organizations: Spirit Airlines, Austin, Bergstrom International Airport, CNBC, Southwest Airlines, Frontier, Department of Transportation, Spirit Locations: Austin , Texas, Delta, Alaska, United

☆ Boeing supplier Spirit AeroSystems lays off workers, citing lower plane delivery rates
▼ + stars: | 2024-05-16 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

Aerospace supplier Spirit AeroSystems on Thursday said it will lay off some of its workers because of slower delivery rates on commercial aircraft as it struggles with a slowdown at its biggest commercial airplane customer, Boeing . Spirit AeroSystems told staff in a memo, reported earlier by Wichita-based KSN, that it would cut about 400 to 450 hourly employees. "We are committed to implementing this transition in as compassionate a manner as possible," Spirit AeroSystems said in a statement. Last week, Spirit AeroSystems said first-quarter Boeing deliveries decreased 31% from the same period in 2023, and said overall deliveries were down 11.3%. About 70% of Spirit AeroSystems' revenue last year came from Boeing, although the company also makes parts for Boeing's rival Airbus .

Persons: AeroSystems, Max, Dave Calhoun Organizations: Boeing, International Paris Air, Le, Aerospace, Airbus, CNBC Locations: Le Bourget, Paris, France, Wichita

☆ Disney+ will stream Caitlin Clark's WNBA debut in the platform's first live sports event
▼ + stars: | 2024-05-14 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

The WNBA regular season opens Tuesday night with breakout star Caitlin Clark making her debut as point guard for the Indiana Fever. Following Clark's debut at 7:30 pm ET against the Connecticut Sun, Disney+ will stream the Phoenix Mercury vs. Las Vegas Aces matchup. Discovery's exclusive TV rights for NBA games is currently under negotiation. The WNBA's existing media rights deal expires in 2025. "They covet younger fans, and this is how younger fans view their sports these days, it is through streaming," Rishe told CNBC's "Worldwide Exchange" Tuesday.

Persons: Caitlin Clark, Destanni Henderson, Clark, It's, Engelbert, Patrick Rishe, Rishe, CNBC's, Lionel Messi Organizations: Indiana, Atlanta, WNBA, Gainbridge Fieldhouse, Indiana Fever, Disney, Connecticut Sun, Phoenix Mercury, Las Vegas Aces, ESPN, Warner Bros . Discovery, Fox Corp, Warner Bros, NBA, Sports Business, Washington University's Olin Business School, Apple, Major League Soccer, Apple TV Locations: Gainbridge, Indianapolis , Indiana, Iowa

☆ Airlines ask court to block Biden administration's new fee disclosure rule
▼ + stars: | 2024-05-13 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

Aerial view of United Airlines passenger planes docked in a terminal of Newark Airport in Newark, New Jersey, on May 11, 2024. Major airlines and an industry trade association asked a federal appeals court to toss out a new Department of Transportation rule requiring earlier disclosure of add-on fees during flight booking. The Biden administration introduced the airline fee disclosure rule in September 2022. Airlines for America said in a statement to CNBC on Monday that the rule will "confuse consumers" and "complicate the buying process." "Airlines already provide consumers with complete disclosure of all fees associated with air travel before they purchase a ticket," the group said in the statement.

Persons: Biden, Joe Biden Organizations: United Airlines, Newark Airport, of Transportation, Airlines for America, JetBlue, United, —, Fifth, Airlines, America, CNBC Locations: Newark, Newark , New Jersey, Alaska, American, Delta, U.S

☆ Ford names ex-Lucid Motors exec as next CFO, promotes current chief
▼ + stars: | 2024-05-10 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

Ford Motor on Friday named the former chief financial officer of electric vehicle startup Lucid to replace its current CFO, who is being promoted to more closely oversee the company's ongoing turnaround plan. The ex-Lucid executive, Sherry House, will join Ford first as finance vice president in early June. She's set to transition into the CFO role in early 2025, the company said in a press release. In the meantime, current CFO John Lawler will continue in his position while expanding his role to become vice chair. "Make no mistake, EVs are coming, EVs are part of the future," Lawler had told CNBC back in February.

Persons: John Lawler, Linda Zhang, Sherry House, She's, Lawler, Ford, Sherry, Jim Farley Organizations: New York Stock Exchange, Ford, CNBC, Lucid Motors, General Motors Locations: New York City , New York, U.S, Saudi Arabia

☆ Gen Z could overtake Boomers in the workforce in 2024: This has 'sweeping implications,' economist says
▼ + stars: | 2023-12-05 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

Gen Z will make up a larger portion of the U.S. workforce than Baby Boomers for the first time next year, according to a recent Glassdoor trend forecast report — and it's a big deal, says an economist. The looming change in demographics will have "pretty sweeping implications for what employers prioritize," Glassdoor chief economist Aaron Terrazas tells CNBC Make It. They are being replaced by very different people who prioritize different expectations around work." Gen Zers, aged 12 to 27 next year, are increasingly graduating school and joining the workforce. Eventually, Gen Z will overtake Gen X too — but it'll be "a long time before they overtake millennials," says Terrazas, because millennials outnumber all other generations in the United States so far.

Persons: Aaron Terrazas, Gen Zers, Gen, millennials Organizations: Baby Boomers, CNBC, Boomers Locations: United States

☆ Want a job or promotion? Know the correct way to brag, Wharton professor says
▼ + stars: | 2023-12-04 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

Few people want to be seen as a braggart, even less so in a job interview or quarter evaluation. But when you are vying for a coveted position or a long-awaited promotion, you can't just rely on other people to unearth your strengths and accomplishments on their own. The biggest challenge we face when trying to promote ourselves to others is in coming across as both competent and likable, Schweitzer says. Likewise, selling your own accomplishments without any due diligence to others will make you seem competent yet not likable. Instead, Schweitzer says to do both, in a method he and his research team call "dual promotion."

Persons: Maurice Schweitzer, Schweitzer Organizations: Wharton, CNBC

☆ Charlie Munger lived in the same home for 70 years: Rich people who build 'really fancy houses' become 'less happy'
▼ + stars: | 2023-12-01 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

For Charlie Munger, living in a relatively modest house wasn't an accident — it was a conscious choice. Munger, the billionaire investor and longtime business partner to Warren Buffett, died on Tuesday at the age of 99. "[Buffett and I] are both smart enough to have watched our friends who got rich build these really fancy houses," Munger said. "[Buffett and I] both considered bigger and better houses," Munger said. Get CNBC's free Warren Buffett Guide to Investing, which distills the billionaire's No.

Persons: Charlie Munger, Munger, Warren Buffett, He'd, CNBC's Becky Quick, Buffett, Duke Organizations: Berkshire Locations: California, Westchester, Omaha , Nebraska

☆ 'Authentic' is Merriam-Webster's word of the year—see the other 13 words that defined 2023
▼ + stars: | 2023-11-29 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

Did you try to be more authentic this year? Were you trying to figure out what "authentic" even means? Either way, you weren't alone: It's Merriam-Webster's word of the year for 2023, an annual recognition given to a word that dominates searches and lookup volume on the dictionary's website. It's an important distinction: Coming across as phony can be alienating, while conveying authenticity can help you amass popularity and inspire others, surveys show. Trying too hard to be natural or relatable often seems fake, Merriam-Webster's announcement noted: "Ironically, with 'authentic content creators' now recognized as the gold standard for building trust, 'authenticity' has become a performance."

Persons: It's Merriam, Rebecca Zucker, Herminia Ibarra, Ibarra Organizations: CNBC, Merriam, London School of

☆ Ivy League professor and former astronaut shares 3 pieces of NASA wisdom for handling mistakes and conflict
▼ + stars: | 2023-11-27 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +4 min

In the face of struggle, Massimino's colleagues shared with him key pieces of NASA wisdom, rules and sayings. Whether up in orbit or down on Earth, Massimino uses these three key pieces of NASA wisdom to make sure that his problem-solving process runs smoothly. Give yourself 30 seconds to feel badIt is normal to feel guilty when you make a mistake at work. When he makes a particularly frustrating mistake, Massimino tells CNBC Make It he employs the 30-second rule, a piece of NASA wisdom that he attributes to pilot Rick "CJ" Sturckow. But when the 30 seconds are up, he stops wallowing and concentrates on what's ahead.

Persons: Mike Massimino, Nat Geo, Gary Gershoff, George Clooney, Massimino's, Massimino, Rick, CJ, Sturckow, Robert, Hoot, Gibson, You've, you've Organizations: NEW, Nat, NASA, CNBC Locations: New York City, Columbia

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