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And it is claimed it also take out its targets for a tiny fraction of what current air defense missiles cost. In contrast, the Standard Missile-2 used by the United States Navy for air defense costs more than $2 million per shot. The DragonFire laser weapon is tested in January on a British firing range. UK Defense Ministry“It has the potential to be a long-term low-cost alternative to certain tasks missiles currently carry out,” a January statement from the UK Defense Ministry said. Meanwhile expensive air defense systems from Western allies have been crucial to Ukraine’s ability to defend itself from attacks by Russian missiles and drones.
Persons: , , Houthi, Leon Neal, ” James Black, DragonFire, Black, Grant Shapp, Iain Boyd, Boyd, Fred Pyle, ” Shimon Fhima Organizations: CNN, United Kingdom’s Defense Ministry, Defense Ministry, UK Defense Ministry, The Defense Ministry, United States Navy, ExCel, Getty, RAND, , Center for National Security, University of Colorado, Navy, Warfare, Breaking Defense, US Navy, Office, DOD Locations: Britain, Scotland, Ukraine, Gulf of Aden, Russian, London, England, RAND Europe, Ponce, Persian, USS Portland
CNBC embedded with teams from HSI and California Highway Patrol to witness four organized retail crime operations for this investigation. CNBCAt the bottom of organized retail crime rings are boosters — the people who go into stores and take the items. A bin filled with sparkly silver boots that police suspect an alleged San Jose, California, crime ring stole from T.J. Maxx. In a statement, a TJX spokesperson said the company is "thankful" for CHP's efforts and is taking organized retail crime "very seriously." Court records filed in connection with the case provide a rare glimpse into the inner workings of an alleged organized retail crime ring.
Persons: Michelle Mack, Mack, Michelle Mack's, Louis Vuitton, Adam Parks, they've, Parks, HSI, It's, Joaquin, El, Guzman, Scott Robles, Robles, moisturizer, Allegra, Maxx, Gabrielle Fonrouge, Manny Nevarez, TJX, Michael Ball, Diego, Donna Washburn, Washburn, Mack —, we'll, Charlotte, Estee Lauder, masterminding, Rob Bonta, Kenneth Mack, Bonta, Kimora Lee Gooding texted Michelle Mack, Jan, Gooding, Andrew Barclay, Scott, let's, Kenneth Mack texted Michelle Mack, Michelle Mack texted Alina Franco, Sephora, Prada, Ulta's, Dave Kimbell, Kimbell Organizations: Police, CNBC, Patrol, Homeland Security Investigations, Department of Homeland, New, U.S . Custom House, Operation French, Walgreens, New Orleans Public, Federal, Gillette, CHP, TJX Companies, Bay Area, CNBC Police, Flea, Santa, Attorney, Capitol Flea, L'Oreal, Macy's, Body Locations: San Diego, Bonsall , California, California, Washington , Utah , Oregon, Colorado , Arizona , Illinois , Texas, Florida , Pennsylvania, Massachusetts, Ohio, U.S, Baton Rouge , Louisiana, HSI, New Orleans, Orleans, San Jose, Jose , California, Maxx, Bay, Bay Area, San Jose , California, Santa Clara, Washburn, St, Augustine , Florida, Charlotte Tilbury, Prada, LensCrafters
We asked dermatologists whether Eto's skincare routine or just luck and genetics have helped her achieve flawless skin. AdvertisementEto has had a skincare routine for 60 yearsEto has followed a daily skincare routine for the last 60 years, using specific products from a Japanese brand, Manavis, for the past 15 years. Alster said that Eto's skincare routine has likely "minimally" contributed to her wrinkle-free skin, and having so many steps is unnecessary. Plus, Vitamin C helps protect the skin against the sun and has been linked to decreases in wrinkles, according to Oregon State University. Plus, research suggests that gut health and skin health are interconnected.
Persons: , Yuri Lee, Toshiko, Lee, Derek V, Chan, doesn't, Tina Alster, Alster, Miki, Dr, Will Bulsiewicz Organizations: Service, Business, Eto, pats, American Academy of Dermatology, BI, Skin Cancer Foundation, Washington Institute of, Oregon State University Locations: LA, Manhattan
A man is suing the government for $9.5 million after he crashed into a Black Hawk helicopter. AdvertisementA Massachusetts lawyer is suing the government for $9.5 million after he crashed into a Black Hawk helicopter while riding a snowmobile, The Associated Press reported. AdvertisementA Black Hawk helicopter. Michael CiagloThe Black Hawk helicopter is a multi-role aircraft designed to aid ground troops and armed escorts, according to the manufacturer Lockheed Martin's website. Black Hawk helicopters are perhaps most famous for their role in the mission that led to the killing of former Al-Qaeda leader Osama bin Laden in 2011.
Persons: Jeff Smith, , Smith, Douglas Desjardins, there's, Michael Ciaglo, Osama bin Laden Organizations: US Army, Service, Hawk, Associated Press, Army, AP, Black, Federal, snowmobilers, Lockheed Martin's Locations: Massachusetts, Al
Cramer's Lightning Round: GE HealthCare can go higher
  + stars: | 2024-03-08 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon GE HealthCare's year-to-date stock performance. Stock Chart Icon Stock chart icon Ares Capital's year-to-date stock performance. Stock Chart Icon Stock chart icon Coherent's year-to-date stock performance. Stock Chart Icon Stock chart icon Pure Storage's year-to-date stock performance. Stock Chart Icon Stock chart icon Manhattan Associates' year-to-date stock performance.
Persons: It's, Ares, I'm, Jim Cramer's Organizations: GE, GE HealthCare, GE Healthcare, Technologies, BWX Technologies, Qualcomm, Ares, Manhattan Associates
A national committee is typically overhauled after the party has a de facto or official presidential nominee. The changes normally come in the form of a new chairperson or a top official from the presidential campaign moving over to the committee. These resources are critical to Trump’s campaign as it makes plans to build out teams in key battleground states such as Michigan, Georgia, Arizona and Pennsylvania in the coming weeks and months. “The Republican National Committee will be focused like a laser on getting out the vote and protecting the ballot,” Whatley said in his remarks Friday. Trump’s senior advisers, including LaCivita, insist they have no plans to use the RNC to help pay his legal expenses.
Persons: Donald Trump, Trump’s, Michael Whatley, Lara Trump –, Ronna McDaniel, Drew McKissick, , ” Lara Trump, Eric Trump, Chris LaCivita, James Blair, LaCivita, Blair, aren’t, Trump, “ It’s, it’s, ” David Bossie, it’ll, Joe Biden, ” Whatley, Gilbert Flores, McDaniel, , Whatley, Lara Trump, Jonathan Drake, Trump “, LaCivita — Organizations: Houston CNN, Republican Party, Republican National, – North, – North Carolina GOP, RNC, CNN, Trump, Republican National Convention, Republican National Committee, Republican, Reagan, Variety, Michigan GOP, Hilton, Whatley, North, North Carolina GOP, Republicans, North Carolina Republican, GOP, Democratic National Committee, White Locations: – North Carolina, Maryland, Michigan, Georgia, Arizona, Pennsylvania, Simi Valley , California, , Carolina, North Carolina, Greenville , North Carolina
The European Central Bank on Thursday lowered its annual inflation forecast, as its confirmed a widely expected hold of interest rates. ECB President Christine Lagarde, meanwhile, suggested market pricing for a June rate cut was coming into line with policymakers' outlook. Looking ahead, staff see inflation hitting the ECB's 2% target in 2025 and cooling further to 1.9% in 2026. They meanwhile updated their forecast for economic growth for 2024 to 0.6% from 0.8%, as the euro zone's economic activity escapes its current stagnation. The ECB will be "laser-focused" on two areas of inflation that could surprise, namely wage growth and profit margins, Lagarde said.
Persons: Christine Lagarde, Lagarde Organizations: European Central Bank, ECB
The current Target Circle program has more than 100 million members. The relaunch comes as Target aims to copy the success of Amazon’s juggernaut Amazon Prime and follow Walmart’s membership program. As for its membership program, Target will continue offering its free-to-join membership with personalized deals, member-exclusive sales throughout the year and additional perks and saving. Target said that members of the free Target Circle membership program already shop five times more and spend five times more than non-members. Target Circle (formerly called Target RedCard) credit cardholders will be able to sign up for Target Circle 360 at $49 per year if they have their card saved to their Target profile, the company said.
Persons: , Brian Cornell, Kendra Scott, Cardholders, Target Organizations: Target, Revenue, Walmart, Target Circle, Amazon Locations: Minneapolis, Manhattan, FactSet
Chloé's runway show this week featured models (and celebs) in high-heeled wedge sandals. It wasn't the clothes on the models but rather the image of the celebrities sitting in the front row — all wearing big, chunky platform wedge sandals. Technically, Vogue already declared "wedge sandals are back" last April. AdvertisementElder millennials have suffered the indignity of seeing some of the trends of their youth come back — low-rise jeans, trucker hats. But wedge sandals?
Persons: , Chemena Kamali, millennials, Vanessa Friedman Organizations: Service, Vogue France, Vogue, New York Times Locations: Paris
One moonshot plan would build a giant radio dish spanning an entire crater on the far side of the moon. An illustration of a conceptual radio telescope within a crater on the moon. Silk argues that lunar telescopes would open the door to a new era of major space discoveries. A satellite trail streaks in front of galaxies in this image from the Hubble Space Telescope. Any radio telescope on the moon's back end would pick up the pure emissions of the universe.
Persons: , Vladimir Vustyansky, James Webb, Dallan Porter, Roger Angel, Joseph Silk, Jack Burns, Burns, That's, Stefica Nicol, Artemis, Ronald Polidan, FarView, Jack Burns Karan Jani, LILA, Fermilab LILA, Jani, NASA's James Webb, Temim, Webb, Angel, Chris Gunn, Nick Woolf, Angel Roger, Phil, Martin Elvis, Elvis Organizations: Service, NASA, Business, Vanderbilt Lunar Labs, Telescope, University of Arizona, American Astronomical Society, Payload, University of Colorado Boulder, Hubble Space, Hubble, ESA, Radio Telescope, REUTERS, NASA JPL, Caltech, Radio Science Investigations, Houston, Lunar Resources, Resources, Inc, Vanderbilt University, Fermilab, Telescopes, CSA, Princeton University, Engineers, James Webb Space, Industry, AP Locations: New Orleans, Australia
Arjun Kharpal | CNBCThe Mobile World Congress, the world's largest mobile show, is a place where device makers show off some of their latest innovations. Arjun Kharpal | CNBCTecno showed off an augmented reality glasses product with a video game controller attached. Arjun Kharpal | CNBCXiaomi has spent years talking up its smartphones' camera capabilities. Arjun Kharpal | CNBCChinese firm Tecno showed off a robot dog. Arjun Kharpal | CNBC
Persons: Arjun Kharpal, It's, There's, Oppo Oppo, Kharpal, CNBC Tecno, CNBC Xiaomi, German Shepherd, Tecno Organizations: Mobile, CNBC, Congress, Motorola, China's Lenovo, CNBC Lenovo, Samsung Galaxy, Samsung, CNBC Samsung Locations: Barcelona, Spain, Korean, German
If you regularly scroll on TikTok, you've probably noticed a number of users wearing oddly shaped masks that illuminate red light. At-home "red light therapy masks" can cost anywhere from just under $100 to $3,500 depending on its features. "Red light therapy has been around for many years actually, like LEDs in general. Red LED light therapy is a "low-level laser therapy," she adds. "Some hair regrowth has also been seen with LEDs that are red, or red light therapy," she notes.
Persons: you've, Bertha Baum, Baum Organizations: skincare, NASA, FDA Locations: Miami, Europe, Latin America, U.S
Eight "Survivor" competitors spoke with Business Insider about their time on the show and shared behind-the-scenes secrets that might surprise even the series's biggest fans. The production team has a set of 'identical' replacement clothesLauren-Ashley Beck and Karishma Patel on "Survivor: Island of the Idols." Beck added that she sometimes said things out loud before remembering that they could be aired on national television. Contestants aren't allowed to directly address the camera crewKellee Kim and Lauren-Ashley Beck on "Survivor: Island of the Idols." But Beck added that after spending weeks with the crew, it's hard to not notice certain things about them.
Persons: , Lauren, Ashley Beck, Beck, Davie Rickenbacker, Rickenbacker, Elaine Stott, Stott, We're, we're, Patel, Karishma Patel, Janet Carbin, aren't, Carbin, castmates, Malcolm Freberg, Carbin's, Kellee Kim, they're, Tyson Apostol, Dean Kowalski, Tom Laidlaw, Chelsea Walker, Robert Voets, Jeff, doesn't, Andrea Boehlke, Boehlke, David, — Nick Wilson, Nick, Goliath, Dan Rengering, I've, she's Organizations: Service, CBS, Business, Getty, YouTube Locations: Philippines, Guatemala, Nicaragua, Cambodia, Fiji, Tribal, Ponderosa
TJX Cos. on Wednesday said holiday sales jumped 13% as shoppers hunting for deals flocked to the off-price retailer. Excluding an additional week in the quarter, TJX reported earnings per share of $1.12. Sales rose to $16.41 billion, up about 13% from $14.52 billion a year earlier. Over the last year, it raised its sales and profit guidance numerous times. For the full year, it expects earnings per share of $3.94 to $4.02, compared to estimates of $3.88 to $4.40.
Persons: TJX Cos, TJX, Jane Hali Organizations: Maxx, LSEG, Associates Locations: Pinole , California, TJX's, New York , Florida , Texas, California
The Houston-based company's uncrewed Odysseus lander was almost lost to one of the tiniest possible mistakes. The view from the Intuitive Machines Odysseus lander as it descended to its landing site. Intuitive MachinesWith less than two hours to go before landing, Intuitive Machines engineers frantically whipped up a new navigation system. Indeed, several robotic moon landing attempts have crashed or otherwise malfunctioned in the last few years. Similarly, Intuitive Machines' success on Thursday shows that small errors don't necessarily have to spell the end of a mission.
Persons: Steve Altemus, Trent Martin, Odysseus, Astrobotic —, Peregrine, Astrobotic Astrobotic, Astrobotic, Vikram, SpaceNews, Robert Braun, Kailasavadivoo Sivan, ispace, NASA's, Braun, Japan's Smart Lander, SLIM, LEV, Takara Tomy Organizations: US, Business, NASA, Reconnaissance, Goddard, Arizona State University, Johns Hopkins Applied Physics Laboratory, NASA's Goddard Space Flight, freefall, JAXA, Takara, Sony Group Corporation, Doshisha Locations: India, Japan, Houston
Sal Khan, 31, earns $220,000 a year and lives with his parents in Houston. "I do think my relationship now has been the best with my parents than it has been before," Khan tells CNBC Make It. But that won't be the end of his living arrangement with this parents: Khan hopes to move his parents to his new home, too. The bulk of his savings are earmarked for more down payments on properties, Khan says. Sal Khan hopes that sharing his story will dispel the stigma about living with parents as an adult.
Persons: Sal Khan, Khan, Erik Mauck, that's, it's, Khan's, Nina Nguyen, Krishnan, Khan didn't Organizations: CNBC, Ohio State University, Bay Area, Costco, Gas, Wealthfront Locations: Houston, Pakistan, U.S, Bay, Chicago, Texas, California, Arizona, Florida
A serendipitous moment, a NASA experiment, and frantic, innovative software engineering rescued the company's Odysseus lander from what could have been a catastrophic error — a switch that didn't get flipped before launch. NASA TVIt was a "spicy" landing, Altemus said. AdvertisementThe Houston-based company flew Odysseus, which is its Nova-C-model lander, to the moon on a $118 million NASA contract. Its success marks the first commercial moon landing ever and NASA's first return to the lunar surface since 1972. It was risky — the NASA lasers were on the lander to test whether they worked in space at all — but it was better than nothing.
Persons: , Steve Altemus, Altemus, Odysseus, Frankenstein, Robert Braun, Tim Crain, Crain, Braun Organizations: Service, NASA, Business, Johns Hopkins Applied Physics Laboratory Locations: Mars
The IM-1 mission's landing helps catapult the US into a 21st-century space race to the moon's south pole. AdvertisementAn American moon lander touched down on the lunar surface for the first time in over 50 years on Thursday. For its last lunar landing attempt in January, NASA partnered with the Pittsburgh-based company Astrobotic Technology to send its Peregrine spacecraft to the moon. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.
Persons: , Astrobotic, Odysseus, Tim Crain, Japan's, Trent Martin, NASA hitches, they're Organizations: NASA, Service, Houston, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China
Stefanik has often explained it herself: She saw Trump’s popularity in her upstate New York district and got on board. That first impeachment proceeding made her a “Republican star,” as Trump himself said at the time. When there was a nationwide baby formula shortage in 2022, Stefanik blamed the “White House, House Dems, & usual pedo grifters” on social media. One upset donor told CNN in 2023 that he gave to Santos “because of Elise Stefanik’s endorsement.” Stefanik frequently denied any previous knowledge of his Santos’ history. “The American people stand with President Trump,” Stefanik wrote, “against the unethical, unconstitutional, and unprecedented weaponization of the judicial system.”CNN’s Alayna Treene contributed to this story.
Persons: , Donald Trump –, Elise Stefanik, Trump’s, , Stefanik, Trump’s staunchest, Joe Biden’s, Claudine Gay, she’d, Paul Ryan, Trump, she’s, MAGA, , ” Stefanik, Kevin McCarthy, Ohio Sen, J.D, Kari Lake, Kristi Noem, Sarah Huckabee Sanders, Nikki Haley, Vance, Ben Carson, Jim Jordan of, Florida’s Matt Gaetz, Steve Bannon, Vivek Ramaswamy, , he’s, Nancy Pelosi, ” “, George Santos, Santos “, Elise Stefanik’s, Santos, Letitia James, Alayna Treene Organizations: CNN, Donald Trump – New York, Republican, GOP, Yorker, Harvard University, Time Magazine, Trump, California Rep, Ohio, South Dakota Gov, Arkansas Gov, White House, Conservative Political, Conference, Former South Carolina Gov, Trump Republicans, New, House Dems, ” “, New York Republican, New York Times, Washington and New York, Congress, New York, Trump’s Locations: , America, alma mater, New York, Vance , Arizona, South, Washington, Lake, Jim Jordan of Ohio, detractor, Lago, vouching, Washington and New, Florida
Intuitive Machines mission control reported that it was receiving pings from the lander, which means it touched down at about 6:24 p.m. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. Intuitive MachinesNASA has several CLPS missions scheduled over the next two years, including two more with Intuitive Machines. AdvertisementEven later this year, a different Intuitive Machines spacecraft is scheduled to head to the western edge of the moon's near side. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.
Persons: Astrobotic, Odysseus, Tim Crain, , Japan's, Trent Martin, NASA hitches, they're Organizations: Houston, NASA, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China
CNN —Intuitive Machines’ IM-1 lander, also called Odysseus or “Odie,” is on the lunar surface after experiencing unexpected issues hours prior to landing. “Intuitive Machines made the decision to reassign the primary navigation sensors from Odysseus … to use the sensors on NASA’s Navigation Doppler Lidar,” according to the webcast. With its landing legs and sensors pointed toward the lunar terrain, Odysseus relied on the Lidar payload to locate a safe landing spot. The IM-1 mission comes amid a renewed international dash for the lunar surface. Odysseus passes over the near side of the moon following lunar orbit insertion on February 21.
Persons: Odie, , Steve Altemus, Odysseus, Gary Jordan, , landers, Farzin, Jeff Koons, We’re, ” Altemus, Altemus Organizations: CNN, NASA, Soviet, Columbia, Embry, Riddle Aeronautical University, Astrobotic Technology, Peregrine, Payload Services Locations: China, India, Japan, Malapert, Daytona Beach , Florida
Called “Moon Phases,” they show 62 phases of the moon as seen from Earth, 62 phases visible from other viewpoints in space, and one lunar eclipse. Pace Verso, the NFT wing of Pace, is also offering NFTs of each sculpture, while Koons has produced larger, coinciding physical sculptures of his “Moon Phases” to remain on Earth. Koons' "Moon Phases" is visible on the lander's exterior. Intuitive Machines/APThough its arrival marks a milestone, “Moon Phases” is not the only art to touch down on the moon’s surface. But Odie has closed the chapter on a more niche space race — between Koons and the Dubai-based artist Sacha Jafri.
Persons: Odysseus, Jeff Koons, Odie, Koons, Aristotle, David Bowie, Leonardo da Vinci, Gandhi, Billie Holiday, Gabriel García Márquez, Andy Warhol, Virginia Woolf, Koons “, Pace Verso, Paul Van Hoeydonck, It’s, — Andy Warhol, Robert Rauschenberg, John Chamberlain, Claes Oldenburg, Forrest Myers, David Novros —, Sacha Jafri, Jafri, , Peregrine Organizations: CNN, SpaceX, Peregrine, Pace, Machines, Apollo Locations: American, Houston, Belgian, India, Japan, Dubai
Laser weapons avoid these problems, or at least in theory. The Navy is aiming for a magazine that can power a small weapon of 20 kilowatts and operate on a 1-micron wavelength. However, it would be perfect for the real prize that the Navy seeks: a laser weapon compact enough to disable small drones. US NavyRechargeable magazines could enable laser weapons to fire more shots before needing to cool down. “Sometimes we have a tendency to over promise and under deliver,” the Navy admiral who oversees laser weapons research admitted at a recent conference.
Persons: , ” Iain Boyd, Boyd, Organizations: Service, Business, Navy Small Business Innovation Research, Navy, Stryker, Amphibious, US, Center for National Security, University of Colorado Locations: HEL, Portland, Persian Gulf
On the agenda today:AdvertisementBut first: Job anxiety is gripping the once-cushy Big Tech industry . ReutersDispatchA Big Tech reckoningWondering what happened to the free lunches and merch in Big Tech? The acronym, which stands for Zero Interest Rate Phenomenon, has become Silicon Valley shorthand for a changed workplace. Whereas before Big Tech companies couldn't hire quick enough, now it's laser focused on reducing layers . AdvertisementBut amid increased competition, an end to cushy perks, and the risk that they might wake up one day to find their office badge no longer works, many working in Big Tech feel … well, a little less special .
Persons: Gen, Aki Ito, she'd, Gen Xers, David Vades Joseph, Rob Dobi, doomsayers, they're, Jake Epstein, Scott Stapp, Matt Turner, Dan DeFrancesco, Jordan Parker Erb Organizations: Business, Big Tech, Reuters, Microsoft, Meta, BI Boomers, US Navy, Navy, Phoenix Locations: Big Tech, Big, Red, New York
The imminent launch attempt follows closely on the heels of a separate US lunar landing mission that failed in January. After burning through its fuel, the rocket will detach from Odie, leaving the lunar lander to fly solo through space. Houston-based Intuitive Machines developed the Nova-C moon lander under a NASA initiative. Packed on board the lunar lander are six NASA science and technology payloads. The device is set to pop off of the lunar lander as it approaches the surface and capture images of the vehicle’s descent.
Persons: “ Odie, , Odie, NASA’s, Stephen Altemus, NASA Odie, Astrobotic Technology’s Peregrine, Farzin Amzajerdian, Jeff Koons, we’ll, ” Altemus Organizations: CNN, NASA, SpaceX, NASA’s Kennedy Space Center, Payload Services, Langley Research, Embry, Riddle Aeronautical University Locations: Florida, Houston, Russia, Japan, China, India, Hampton , Virginia, Columbia, Daytona Beach , Florida
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