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☆ A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
▼ + stars: | 2024-10-05 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +11 min

Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company's LC-36 facility in Florida. Blue OriginDave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire's space venture. "Jeff felt that [Blue Origin] needed manufacturing expertise; it needed decisiveness; it need a little bit of energy," Limp said. CEO Dave Limp, third from the left, with Blue Origin employees at the company's New Glenn facility in Florida. In the mission's place, Blue Origin will fly a demonstration of its spacecraft Blue Ring on the first New Glenn launch.

Persons: Dave Limp, Jeff Bezos, Jeff, Limp, Bezos, It's, I'm, New Glenn, Allen Parker, Jennifer Pena, Leanos, Ian Richardson, Tim Collins, it's, Origin's, ULA, Paul Hennessy, Glenn, We've, Starliner, Shepard, Blue, let's Organizations: Glenn, Florida ., Amazon, CNBC, Blue, SpaceX, United Launch Alliance, Lab, Firefly Aerospace, Company, NASA, Amazon Devices, Flexport, Vulcan, Cape Canaveral Space Force, Anadolu, Getty, New Glenn, Falcon, Shepard, National Security, Washington , D.C Locations: Florida, New, Mars, Seattle, Kent , Washington, Texas , Florida, Alabama, ULA, West Texas, Cape Canaveral , Florida, Glenn, Washington ,, Huntsville , Alabama, Cape Canaveral , Texas

AUBURN HILLS, Mich. — No more “Midwest nice.”Sen. JD Vance of Ohio, back on the campaign trail after his matchup with Minnesota Gov. Tim Walz, eschewed the debate-stage niceties that marked their relatively cordial meeting and went back on the offensive Wednesday. “Now, we, of course, had a debate last night — a vice presidential debate. “He said that Tim Walz said that he was friends with school shooters twice, and that’s something I actually didn’t notice, that Tim Walz had said that on the debate stage,” Vance said, recounting the conversation. “In some ways, I’ve got the easiest job in American politics,” Vance said, likening the role of a vice presidential running mate to salesman for the campaign.

Persons: ” Sen, JD Vance, Tim Walz, Donald Trump, “, Vance, —, ” Vance, Walz, Kamala Harris, Harris, Trump, MAGA, Vance weaved, Gus, I’ve, it’s, ”, he’s Organizations: AUBURN, Minnesota Gov, Fox News, Republican, Auburn Hills, Trump, Democratic, International Association of Fire Fighters, Vance Republican Party Locations: AUBURN HILLS, Mich, —, Ohio, Detroit, Auburn, New York, Washington, Boston, Minneapolis, Grand Rapids, United States of America

☆ CNBC's Inside India newsletter: The 'sticky' outsourcing firms on the rise
▼ + stars: | 2024-10-03 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Over the years, the services sector of the Indian economy has grown to account for 45% of total exports, up from 30% a decade ago. The Indian government, meanwhile, has been eager to support the manufacturing sector in creating mass employment, a key economic and political challenge that the services sector alone hasn't been able to address. These companies also boast moats that make them unique compared to the large BPO firms of the last three decades. Perhaps it could also address some of the risks to employment created in the BPO sector from artificial intelligence.

Persons: hasn't, Cyient isn't, Peers, Larsen, Toubro's, Kunal Desai, Desai Organizations: Capital Economics, nab, Microsoft, Siemens, GIB Asset Management, CNBC Locations: India, London, Philippines, Mexico, Brazil, Poland, Malaysia

☆ CEO of $8 billion company worked 2 jobs at once to lead a civilian crew into space: ‘You don't sleep a lot’
▼ + stars: | 2024-10-03 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Billionaire Jared Isaacman spent 2½ years training for a historic 10-minute spacewalk — while simultaneously running a nearly $8 billion company. Isaacman, 41, financed and commanded a SpaceX mission last month that featured the first-ever all-civilian spacewalk, during which he personally floated outside a Dragon space capsule. Isaacman, who has an estimated net worth of $1.5 billion, says he didn't take a leave of absence during those two-plus years of training. The trip was Isaacman's second space venture: In 2021, he financed and led the SpaceX team that became the world's first all-civilian crew to reach orbit. Once in space, the crew worked around the clock, conducting dozens of research experiments in five days while monitoring the capsule and its systems.

Persons: Jared Isaacman, He's, I've, Isaacman, —, Get Organizations: SpaceX, CNBC, Revel Systems Locations: Shift4, Los Angeles

☆ 10 things to watch in the market Thursday, including great news from Nvidia's CEO
▼ + stars: | 2024-10-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

My top 10 things to watch Thursday, Oct. 3 Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. But the analysts said they would be buyers of the Club stock on weakness in 2025. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. My top 10 things to watch Thursday, Oct. 3Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. But the analysts said they would be buyers of the Club stock on weakness in 2025.

Persons: Jeff Marks, Stocks, Dow, Beer, Jensen Huang, Blackwell, Eli Lilly, Morgan Stanley, Oppenheimer, Levi Strauss, Levi, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Constellation Brands, Modelo, Corona, Constellation, Nvidia, CNBC, Club, Bank of America, Devices, Amazon, Deutsche Bank, Costco, Dockers, Barclays, PepsiCo, Jim Cramer's Charitable Locations: Northern New Jersey, Europe, Americas

☆ Another setback for Elon Musk's SpaceX after mishap with NASA rescue mission
▼ + stars: | 2024-10-02 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

SpaceX launched its mission to rescue the two Starliner astronauts — but it didn't go entirely according to plan. The company's Falcon 9 rocket has been grounded after a booster landed in the wrong place. It's the third time in three months that the Falcon 9 has been grounded. AdvertisementSpaceX's workhorse rocket has been grounded for the third time in three months after malfunctioning during a mission to rescue two astronauts stuck in space. The rocket was also briefly grounded by the FAA in August after failing an attempt to land back on Earth.

Persons: —, Boeing's Starliner, Elon Musk, Musk, Butch Wilmore, Suni Williams Organizations: SpaceX, Service, Federal Aviation Administration, FAA, Elon, Boeing, NASA, Crew

☆ The old F-16s the West is giving Ukraine can't outmatch Russia's best jets, former US general says
▼ + stars: | 2024-10-02 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +9 min

AdvertisementThe old F-16 models that Ukraine's allies are giving it are no match for Russia's best jets, a former US general told Business Insider. The F-16s, which Ukraine has started receiving from its allies, are the most advanced aircraft Ukraine now has in its arsenal and are armed with more powerful bombs and missiles. AdvertisementDavis said Ukraine's F-16s "are making a difference now" and said when more arrive, that "will help them make more of a difference." All of them pose a threat to Ukraine's F-16s, Davis said, along with Russia's formidable batteries of surface-to-air missiles. Related storiesThe Wall Street Journal reported in August that many of Ukraine's F-16s "are secondhand and have decades of flying time already."

Persons: —, Gordon, Skip, Davis, Ukraine's, Volodymyr Zelenskyi, Vitalii, Michael Bohnert, Josh Rosales Ukaine's, David, Volodymyr Zelenskyy, they'd, we're Organizations: NATO, Service, Business, US Army, Defense Investment Division, Getty, SU, Air Missiles, Street, RAND Corporation, Air Force, US Air Force, Tech, Aircraft, Russian Defense Ministry, Anadolu Agency, Air, Ukrainian Air Forces, REUTERS Locations: Russian, Ukraine, Russia, South Korea, of Mexico, Brest, Belarus, Valentyn, Denmark, Norway, Belgium, Netherlands

☆ What made this Russian fighter jet's shockingly aggressive maneuvers near a US F-16 so dangerous
▼ + stars: | 2024-10-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

A Russian Su-35 made risky, dangerous moves near a US F-16 late last month. “On Sept 23, 2024, NORAD aircraft flew a safe and disciplined intercept of Russian Military Aircraft in the Alaska ADIZ. Rules on aircraft behavior in international airspaces, create "an understood behavior so that we mitigate the risk" of problems. AdvertisementWhat the Su-35 pilot did was nothing of the sort. Russian military aircraft have also been involved in risky incidents, including a string of unprofessional intercepts of US Navy P-8As by Su-35s a few years ago and multiple incidents in Syria, among other places.

Persons: —, ” –, Gregory Guillot pic.twitter.com, Gregory Guillot, Vincent Aiello, Mike Torrealday, I've, — Chris Hadfield, It's, Su, could've Organizations: NORAD, Service, North American Aerospace Defense Command, Russian Military Aircraft, American Aerospace Defense Command, US Northern Command, US Navy, US Air Force, US Defense Department, US, Pentagon Locations: Russian, Alaska, Russia, South China, American, Syria, Ukraine, Hainan, China

☆ U.S. military slams ‘unsafe’ Russia fighter jet maneuver near Alaska
▼ + stars: | 2024-10-01 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

WASHINGTON — The U.S. military on Monday released video of what it said was an unsafe maneuver by a Russian fighter jet near Alaska during an intercept by the U.S. military last week. The United States regularly carries out aerial intercepts of Russian aircraft in international airspace near Alaska, and usually says they are carried out in a safe and professional manner. But this time was different, officials say. North American Aerospace Defense Command, known as NORAD, said on Sept. 23 that it detected and tracked four Russian military aircraft operating in the Alaska Air Defense Identification Zone. At the time, it said the Russian activity “occurs regularly and is not seen as a threat.”An air defense identification zone is international airspace just beyond a country’s sovereign territory that approaching aircraft to identify themselves.

Persons: WASHINGTON, Gregory Guillot Organizations: U.S, United, ” Air Force, North American Aerospace Defense Command, NORAD, Alaska Air Defense Locations: The, Russian, Alaska, United States, North America, Washington

☆ These are the 10 most valuable college degrees—all but 1 help grads earn six figures
▼ + stars: | 2024-10-01 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +5 min

Electrical engineeringMedian salary: $115,000$115,000 Unemployment rate: 1.9%1.9% Percentage of workers with advanced degrees: 47.6%2. Computer engineeringMedian salary: $112,000$112,000 Unemployment rate: 2.1%2.1% Percentage of workers with advanced degrees: 38.8%3. Petroleum engineeringMedian salary: $100,000$100,000 Unemployment rate: 0.9%0.9% Percentage of workers with advanced degrees: 39.2%4. Aerospace engineeringMedian salary: $105,000$105,000 Unemployment rate: 1.9%1.9% Percentage of workers with advanced degrees: 48.9%5. Mechanical engineeringMedian salary: $100,000$100,000 Unemployment rate: 1.9%1.9% Percentage of workers with advanced degrees: 38.9%7.

Persons: Bankrate, It's, Get Organizations: Survey, Computer, Petroleum, Aerospace, Bureau of Labor Statistics, Actuaries, CNBC

☆ Boeing's 737 safety mess just got worse
▼ + stars: | 2024-10-01 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +6 min

AdvertisementThe National Transportation Safety Board (NTSB) has flagged fresh concerns with Boeing's 737 planes, saying that at least 40 airlines outside the US may be operating aircraft with faulty components. The NTSB said that Boeing's 737 flight manual instructs pilots facing a jammed rudder to overpower the system by applying "maximum force." Their Max family has been plagued by safety concerns since the two crashes of its 737 Max jetliners in 2018 and 2019 that killed a total of 346 people. Some bombshell allegations were publicized in a sprawling 204-page report released on June 17 by the Senate subcommittee that investigated Boeing's safety and quality practices. AdvertisementMerle Meyers, a former Boeing quality manager, said that Boeing's manufacturing team regularly tried to retrieve bad parts from a "reclamation" area even after they were thrown out.

Persons: —, Jennifer Homendy, Michael Whitaker, Homendy, Boeing Guy Gratton, Gratton, It's, Max, Max jetliners, Sam Mohawk, Merle Meyers Organizations: Transportation, Boeing, Service, Transportation Safety Board, NTSB, Federal Aviation Administration, FAA, United Airlines Boeing, Max, Newark Liberty International, Collins Aerospace, United Airlines, Cranfield University, Federation Aviation Administration, National Transportation Safety, Alaska Airlines, Boeing Boeing Locations: New Jersey, USA, Alaska

'” Kemp told reporters. We will work through the federal process.”Kemp said Biden told him to call directly if he needed any additional resources. "He’s lying, and the governor told him he was lying," Biden told reporters in the Oval Office. The president also said he plans to survey storm damage in North Carolina on Wednesday. Officials in North Carolina were also clear about wanting national politicians to put off prospective visits.

Persons: Donald Trump, Brian Kemp hasn’t, Joe Biden, ” Trump, Kemp, ” Kemp, Biden, Kamala Harris, Trump, we’re, Harris, Roy Cooper, Hurricane Helene, Sean Rayford, Helene, didn’t, Cooper, Trump’s, Elon Musk, “, Elon, Scott James Matheson, ” “, ”, “ We’re, We’ll, we’ll, Matheson, there’s, ” Matheson, nothing’s, John LaHood, ” LaHood, James Burchett, Burchett, hadn’t, ” Harris, Sadie Weiner, Weiner, Anderson Clayton, ” Clayton didn’t Organizations: Georgia Gov, Republican, Democratic, FEMA, North Carolina Gov, Florida Panhandle, NBC News, Federal Emergency Management Agency, SpaceX, Biden, “, North Carolina Democratic Party Locations: Valdosta , Georgia, Trump, North Carolina, Valdosta, Ga, Hurricane, Florida, Georgia, Tennessee, Las Vegas, Washington

An OSHA spokesperson said in a response to NBC News that the agency did forward his safety allegations to the Coast Guard, which has the jurisdiction to investigate such claims. The Coast Guard also noted at the start of the hearing that the Titan never underwent an independent review, which is standard practice in the industry. “If the Coast Guard became a problem, then he would buy himself a congressman and make it go away,” McCoy said, adding that he resigned soon after. Rush “said the usual response that ‘it takes too long,’” Kohnen testified about getting OceanGate’s submersible classified by the industry. In a transcript of the conversation made public by the Coast Guard as part of the hearing, Rush denied he was going to put anyone at risk with the Titan.

Persons: Paul, Henri Nargeolet, Hamish Harding, Shahzada Dawood, Suleman, Dawood, OceanGate, ” David Lochridge, Rush, ”, Lochridge, ” Lochridge, Tony Nissen, —, Nissen, “ I’m, Amber Bay, Roy Thomas, Thomas, Steven Ross testified.Rush, Ross, ” Ross, “, Bart Kemper, ” Kemper, Guillermo Söhnlein, ’, Matthew McCoy, ” McCoy, William Kohnen, Rush “, ” Kohnen, ‘, ” Rush Organizations: U.S, OceanGate, Stockton Rush, Getty, LinkedIn, Coast Guard, OSHA, Occupational Safety, Health Administration, NBC News, Titan, American Bureau of Shipping, Kemper Engineering Services, Hydrospace Locations: U.S ., South Carolina, Washington, Canada, Amber, U.S

☆ Stocks making the biggest moves premarket: Nio, Stellantis, MicroStrategy and more
▼ + stars: | 2024-09-30 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Nio – U.S.-listed shares surged more than 13% after the Chinese electric vehicle maker announced it will receive a cash injection of 13.3 billion yuan for its Nio China. "Strategic investors" will provide 3.3 billion yuan of that injection, with the rest coming from Nio Inc. The transactions, which are expected to be completed by the end of this year, will reduce Nio Inc.'s stake in Nio China to 88.3%, down from 92.1%. This also spurred a broader rally among China stocks, which saw their best day of trading since 2008 . Rocket Lab – Shares rose more than 3%, extending the more than 12% gains seen during Friday's session.

Persons: Nio, Ford, Alibaba, Stocks, bitcoin, Coinbase, MicroStrategy, Bitcoin, —, Lisa Kailai Han, Sarah Min, Tanaya Macheel Organizations: Nio Inc, KeyBanc, CVS, Street Journal, Glenview Capital Locations: Nio –, China, Glenview, East, Gulf Coast

Do vibration plates have health benefits? Although vibration plates are safe for most people, ultimately, Johnson says, “when we make changes, we tell people to listen to their body.”Deja Mason of Roanoke, Virginia, said she first heard about vibration plates on TikTok. As vibration plates experience a resurgence, some hear echoes of past fitness fads. “Trends come and go,” she said, pointing to other trends that displaced vibration plates, like group fitness and CrossFit. But just as vibrating plates shake users up and down in quick succession, trends too are always oscillating.

Persons: ”, Jörn Rittweger, Rittweger, “, that’s, There’s “, Håkan, Peter W, Johnson, ” Johnson, Lifepro, Deja Mason, ” Mason, Natalia Mehlman Petrzela, ” Petrzela Organizations: German Aerospace Center, University of Cologne, Lund University Cancer Centre, International Society of Lymphology, School of Public Health, University of Washington, New School Locations: TikTok, Germany, Sweden, Roanoke , Virginia, New York City

☆ Here are our trades of the week and what's ahead for this overbought market
▼ + stars: | 2024-09-27 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

Mixed market : The S & P 500 spent Friday's session mostly unchanged as it tried for a fourth record close this week. Still frothy : The S & P Short Range Oscillator pulled back from Tuesday's most overbought reading since August. Month to date, consumer discretionary, utilities, and materials were the best-performing S & P 500 sectors. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, he's, Vimal Kapur, Jim Cramer's, Jim, Spencer Platt Organizations: CNBC, GE Healthcare, Honeywell, Constellation Brands, Jim Cramer's Charitable, New York Stock Exchange, Getty Locations: Tuesday's, New York City

☆ Stocks making the biggest moves midday: Wynn Resorts, Rocket Lab USA, Cassava Sciences and more
▼ + stars: | 2024-09-27 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

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

☆ Two major deals coming soon may help jumpstart the IPO market
▼ + stars: | 2024-09-27 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

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

☆ Dubai’s millionaires are fueling a private jet boom
▼ + stars: | 2024-09-26 | by ( Lucy Cormack | ) edition.cnn.com time to read: +9 min

Dubai, UAE CNN —It’s 3am at the VIP airport terminal of Dubai’s Mohammed Bin Rashid Aerospace Hub and an ultra-long range aircraft is readying for take-off. The luxury, 14-seat private jet is headed for Europe, just as soon as its main passenger and his entourage arrive. It’s an elite club that enjoys private jet travel, which can cost anywhere from $50,000 to $200,000-plus for a single leg. Mouallem said the private aviation industry was accustomed to “different kinds of shifts across the world with banning private aviation,” insisting that the focus should be not on banning flights but ensuring greater adoption of sustainable aviation fuel (SAF). So that’s really an operator decision and a supplier decision,” Avetkiyan said, adding that her customers shouldn’t feel guilty about the environmental impact of private aviation.

Persons: UAE CNN —, Mohammed Bin Rashid, it’s, ”, Lilit Avetikyan, Lilit, Voyex, Vanessa Budah, “, Knight Frank, they’ve, Faisal Durrani, Knight Frank Middle, Durrani, Youssef Mouallem, “ You’ve, ” Mouallem, they’re, you’re, ” Youssef Mouallem, Vistajet Mouallem, Mouallem, Avetkiyan, that’s, ” Avetkiyan, “ I’m Organizations: CNN, UAE CNN, Hub, McDonald’s, KFC, United Arab Emirates, Communications, Henley, Partners, US, Knight, Resorts, Resorts Tech, Resorts Dubai, Creative, International, Sharjah —, Gama Aviation, Sharjah International, European Federation for Transport, Sustainable, Emirates, Airbus, SAF, International Air Transport Association, Emirates SAF Locations: Dubai, UAE, Europe, Voyex, India, East, Russia, Africa, Gulf, Saudi Arabia, Sharjah, Netherlands

☆ Southwest's $4 billion earnings bet is a stretch: Jefferies' Sheila Kahyaoglu
▼ + stars: | 2024-09-26 | 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 EmailSouthwest's $4 billion earnings bet is a stretch: Jefferies' Sheila KahyaogluSheila Kahyaoglu, Jefferies aerospace and defense analyst, joins CNBC's 'Money Movers' to discuss Southwest's investor day, the carrier's updated plans and guidance, and more.

Persons: Jefferies, Sheila Kahyaoglu Sheila Kahyaoglu Organizations: Jefferies

☆ Harris and Trump want to make stuff in America again. That’s really hard to do
▼ + stars: | 2024-09-26 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

And it’ll be tough for either Vice President Kamala Harris or former President Donald Trump to turn that around if elected, no matter their grandiose campaign promises. Put together, such investments have resulted in a sharp pick-up in construction spending by manufacturers, according to government data. Manufacturing’s main pain points are sluggish demand and elevated interest rates, according to recent manufacturing surveys by the Institute for Supply Management and S&P Global. And, of course, there are issues specific to certain sectors of the manufacturing industry. It could get better, but it’s not clear whenIt’s not all doom and gloom for the manufacturing industry.

Persons: Joe Biden, Kamala Harris, Donald Trump, Biden, haven’t, hasn’t, Harris, ” Harris, Trump, ” Chris Williamson, ” Timothy Fiore, There’s, ” Lauren Goodwin, ” Organizations: Washington CNN, Act, Congress, Private, Manufacturers, Labor Department, Institute for Supply Management, P, P Global Market Intelligence, ISM’s Manufacturing, Survey, P Global, Boeing, Federal, New York Life Investments Locations: America, Pittsburgh, Savannah, China, Pennsylvania, Korea, North Carolina, Germany, Georgia

☆ Google backs a startup that aims to bring mixed reality to any car windshield or plane cockpit
▼ + stars: | 2024-09-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Distance TechnologiesDistance Technologies, a Finnish startup that aims to bring mixed-reality technology to any car windshield or plane cockpit, has raised 10 million euros ($11.1 million) of funding from GV, the venture capital arm of Alphabet and other investors. Distance raised the cash injection in a seed round led by GV, with existing investors FOV Ventures and Maki.vc also stumping up more cash for the startup, the company told CNBC on Thursday. Konttori was formerly chief technology officer of Varjo, another Helsinki-based mixed-reality firm. "The main difference here is that we are driven by the software," Mäkinen told CNBC. For now, Distance has had to use simple optics and normal LCD displays to demonstrate its technology to prospective partners and investors.

Persons: Maki.vc, Konttori, Roni Hiranand, Meta, Jussi Mäkinen, Mäkinen, he's Organizations: Technologies, GV, FOV Ventures, CNBC, Helsinki, Google Ventures, Companies, Huawei, Bosch, Continental, Panasonic, Distance Technologies Locations: Finnish, Helsinki, China

☆ Nigerian company Autogirl wants to be the Airbnb of car rentals
▼ + stars: | 2024-09-25 | by ( Victoria Barauna | ) edition.cnn.com time to read: +6 min

In 2023, it announced it would be expanding to Kenya, with a rollout of 1.2 million electric vehicles. Around the world, transport startups are embracing electric vehicles, and those in Africa are no different. In 2023, it announced it would be expanding to Kenya, with a rollout of 1.2 million electric vehicles. Uncover , a Kenyan skincare brand, says it wants to fill this gap by providing healthy cosmetics that put African women first. ‘‘We want to be the Airbnb of vehicle rentals in Africa and ultimately the world,” Arinze says.

Persons: Chinazom Arinze, ” Arinze, “, Spiro, Clement Di Roma, Simon Maina, Prince William’s, James Oatway, there's, Edwin Maina, Arinze, …, Autogirl, hasn’t, she’s, ’, ‘, Airbnb, ” Organizations: CNN, Babcock University, Getty, Reeddi Technologies, The Royal Academy of Engineering, Kenyan, Hertz, Hyundai, Lexus Locations: Nigeria, Benin, Kenya, Africa, AFP, China, Cameroon, Rwanda, Ghana

☆ Putin issues nuclear warning to the West over strikes on Russia from Ukraine
▼ + stars: | 2024-09-25 | by ( ) edition.cnn.com time to read: +5 min

MOSCOW Reuters —President Vladimir Putin warned the West on Wednesday that Russia could use nuclear weapons if it was struck with conventional missiles, and that Moscow would consider any assault on it supported by a nuclear power to be a joint attack. The 71-year-old Kremlin chief, the primary decision-maker on Russia’s vast nuclear arsenal, said he wanted to underscore one key change in particular. Russia reserved the right to also use nuclear weapons if it or ally Belarus were the subject of aggression, including by conventional weapons, Putin said. Putin said the clarifications were carefully calibrated and commensurate with the modern military threats facing Russia – confirmation that the nuclear doctrine was changing. Russia’s current published nuclear doctrine, set out in a 2020 decree by Putin, says Russia may use nuclear weapons in case of a nuclear attack by an enemy or a conventional attack that threatens the existence of the state.

Persons: Vladimir Putin, Putin, ” Putin, Bill Burns, Volodymyr Zelensky, Kyiv’s, Zelensky, ” Andriy Yermak, Joe Biden, Donald Trump Organizations: MOSCOW Reuters, West, Russia’s Security, Kremlin, Russian Federation, Central Intelligence Agency, Cuban Missile, Ukraine, Republican Locations: MOSCOW, Russia, Moscow, United States, Britain, Ukraine, Belarus, Russian, NATO

☆ Another unforced error by Boeing is souring the new boss’ good vibes
▼ + stars: | 2024-09-25 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

Less than two months into his tenure as CEO, Ortberg has largely understood the assignment. See here: We’re nearly two weeks into a strike by Boeing’s largest labor union. Initially, Ortberg seemed to have buy-in from labor leaders, who publicly acknowledged that the new boss was walking into a conflict that predated him by 16 years. All of that gave the new boss, who spent his first day at work touring a factory floor, a kind of pro-labor halo. “This tactic is a blatant show of disrespect” to union members and the bargaining process, the International Association of Machinists wrote Monday.

Persons: CNN Business ’, Kelly Ortberg, Ortberg, ’, ”, International Association of Machinists, “, “ We’ve, Wheaton, ” Wheaton, ’ …, ” It’s, it’s, ” Ortberg, It’s, Richard Aboulafia, ” Aboulafia, what’s, …, CNN’s Chris Isidore Organizations: CNN Business, New York CNN, Boeing, machinists, International Association of, Cornell University’s School of Industrial and Labor Relations Locations: New York, what’s

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