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Some of his ventures already benefit tremendously from federal contracts. SpaceX has received more than $19 billion from contracts with the federal government, according to research from FedScout. Musk, who has frequently blamed the government for stifling innovation, could also push for less regulation of his businesses. Musk and Ramaswamy also championed the large-scale auditing of agencies, calling out the Pentagon for failing its seventh consecutive audit. To learn how else Elon Musk and his companies may benefit from having the ear of the president-elect watch the video.
Persons: Elon, Geoff Orazem, Vivek Ramaswamy, Trump, Ramaswamy, Elon Musk, Lora Kolodny Organizations: Company, SpaceX, Trump, Republican, Department of Government, Street, Congress, Pentagon, CNBC Locations: FedScout
Zoom Video Communications (ZM) , a Covid darling and post-Covid dog, is judged to be an excellent opportunity on the long side going into earnings next week. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Carter Braxton Worth Organizations: Video Communications, CNBC, NBC UNIVERSAL
AdvertisementI drove an updated 2025 Porsche 911 Carrera T Cabriolet in Lugano Blue. The Carrera T is a lighter, more enthusiast-focused 911 trim and comes with a manual transmission. The Porsche 911 is an automotive icon in the truest sense of the word, a representative symbol of what a sports car should be. Only a few high-end models, like the track-focused GT3, are offered with a manual transmission. AdvertisementStarting in 2025, the manual transmission will not only be standard on the Carrera T, it will be the only transmission offered on he model.
Persons: Carrera Organizations: Porsche, Carrera Locations: Lugano Blue
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AdvertisementAs someone born and raised in Salt Lake City, I know Utah has more to offer than just skiing. Within Salt Lake City, I recommend enjoying a beer at a local brewery. For a unique experience, I also suggest checking out the nearby hot springs and Ice Castles. And at the heart of it all is the state's capital, Salt Lake City. Born and raised in the heart of the city, I know how to experience Salt Lake without ever stepping into ski boots.
Locations: Salt Lake City, Utah, Salt
Advertisement"Outlander," "Based on a True Story," and "The Sex Lives of College Girls" return this week. Movies including "Blitz," "The Piano Lesson," and "Alien: Romulus" are streaming. Related VideoThe beloved historical drama "Outlander" is back with the second half of its seventh season, over a year after the last episodes aired. The Peacock drama "Based on a True Story" returns for its second season, and the HBO Max comedy "The Sex Lives of College Girls" premieres its third season. Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.
Persons: Romulus, HBO Max Organizations: College Girls, HBO
Fossil fuels still dominate the global energy mix at 81.5% in 2023, according to the Energy Institute. "It just goes to show how difficult it is to change the energy mix. It's because it takes time," said Lorenzo Simonelli, chairman and CEO of Baker Hughes, a global energy technology company. Takayuki Ueda, the representative director president and CEO of INPEX, a Japanese oil company, reiterated technology's role in the energy transition. Energy companies have been leaning on gas as a "reliable dispatch of power" to meet demand, said Maví Zingoni, CEO of Power at GE Vernova, an energy equipment manufacturing and services company.
Persons: Lorenzo Simonelli, Baker Hughes, Simonelli, Takayuki Ueda, Ueda, Maví Zingoni, Zingoni, Olivier Le Peuch, Le Peuch, CNBC's Dan Murphy Organizations: Energy Institute, CNBC, Energy, Power, GE Vernova, SLB Locations: Abu Dhabi
Russian state TV touts firing new missile
  + stars: | 2024-11-22 | by ( ) edition.cnn.com   time to read: 1 min
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AdvertisementThe wholesale chain BJ's said it would raise its membership fees in 2025. Its rival Costco raised its membership fees in September. Another wholesale retailer is planning to raise its membership fees. Related VideoIt said the new cost of a Club membership would be $60 annually, up by $5 from the current price, and a Club+ membership would cost $120, up by $10. The chain's rival Costco raised membership fees in September.
Persons: It'll, BJ's Wholesale, Robert Eddy Organizations: Costco, BJ's, Gold Star, Sam's
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'A lot of room to go' before Google antitrust case is decided, says BofA's Justin PostJustin Post, BofA Securities senior internet technology analyst, joins CNBC's Kate Rooney and Deidre Bosa on 'The Exchange' to discuss the AI landscape, Google's antitrust scrutiny, and more.
Persons: BofA's Justin, Justin Post, Kate Rooney, Deidre Organizations: BofA Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Honda is trying to become cool againFor years, Honda was regarded as one of the most innovative companies in the world--one full of surprises. It made cheap cars, but also supercars and engines for Formula 1 teams. A few models are among the world's most popular. It is struggling in some key regions, and it's challenged by the EV era. Watch the video to learn how the company plans to reclaim its identity as an innovator.
Persons: Honda, it's
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Kendrick Lamar, the rapper laureate and one of the music world’s least predictable stars, released a surprise new album, “GNX,” on Friday. It is the sixth studio album by Lamar, 37, who won the Pulitzer Prize for Music in 2018 and, even before releasing the album, has been having a banner year. On the cover, Lamar slouches against the rear of the vehicle, and the video — with swelling strings and Lamar’s multi-tracked, rapid-fire vocals — shows Lamar with the car in an empty, monumental space. 6,” the latest in a series of tracks with similar titles, which has become a Lamar signature. It is also an implicit rejoinder against Drake, who had released a diss track in May called “The Heart Part 6.”
Persons: Kendrick Lamar, , Lamar, Drake, , , Lamar slouches Organizations: Music Locations: Lamar
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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin hitting $1 million could be on the horizon, says x2B co-founder Michael Bresslerx2B Co-Founders Michael Bressler and Benoit Bosc joins 'Closing Bell Overtime' to talk bitcoin's record rally, the x2B platform, managing risk in the crypto space and more.
Persons: x2B, Michael Bressler x2B, Michael Bressler, Benoit Bosc
CNN —For Donald Trump, every defeat is just the catalyst for his next battle. The Gaetz disaster suggests that despite his big election win, some laws of political gravity still apply to Trump. This may explain why two-and-a-half weeks into his transition, several of Trump’s Cabinet picks are embroiled in allegations of sexual misconduct, ethics or legal controversy. Like Gaetz, Hegseth was not prosecuted over the allegation and denies he did anything wrong. Plenty of presidents get a Cabinet pick knocked back and do just fine.
Persons: Donald Trump, , Matt Gaetz, – Trump, Trump, Pam Bondi, MAGA, Gaetz –, elect’s, Manu Raju, Pete Hegseth, Hegseth, Linda McMahon, McMahon, Robert F, Kennedy Jr, groped, Eliza Cooney, , Kennedy, he’d, , Cooney, “ I’m, he’s, Jean Carroll, didn’t, CNN’s Kristen Holmes, Gaetz, CNN’s Paula Reid, Sarah Ferris, Vance, Tulsi Gabbard, , Maine Sen, Susan Collins, North Carolina Sen, Thom Tillis, JD Vance, , Bondi, she’s Organizations: CNN, Department of Justice, Trump, DOJ, GOP, Cabinet, Former Fox News, Department of Defense, Trump Cabinet, Department of Education, Wrestling Entertainment, WWE, Department of Health, Human Services, USA, Fair, Democratic, Social, Capitol, Senate Republican, Trump University, Republican Locations: Washington, California, Iraq, Afghanistan, Manhattan, Gaetz, Maine, North Carolina, Ohio, Bondi
Video: Bolton slams Gorka as new Trump counterterrorism pick
  + stars: | 2024-11-22 | by ( ) edition.cnn.com   time to read: 1 min
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AdvertisementI shopped at West Elm and Crate & Barrel to see which store had better holiday decor. Crate & Barrel offered chic, modern decorations, but West Elm had classic, cozy options. As an interior designer, I liked both stores, but West Elm ultimately felt warmer and more festive. As an interior designer, I use my eye and skills when decorating for the holidays. So, while shopping in NYC, I visited West Elm and Crate & Barrel — two stores known for their stylish home decor with a modern twist.
Persons: Elm, West Organizations: US
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Robinhood's Dan Gallagher isn't interested in SEC Chair role
  + stars: | 2024-11-22 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRobinhood's Dan Gallagher isn't interested in SEC Chair roleCNBC's Kate Rooney joins 'Squawk on the Street' to report on Robinhood's chief legal officer speaking out on potential SEC chair role.
Persons: Dan Gallagher isn't, Kate Rooney Organizations: SEC
Ukrainian parliament closed as dangers escalate
  + stars: | 2024-11-22 | by ( Niah Humphrey | ) edition.cnn.com   time to read: 1 min
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