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Jeff Bezos visited the new headquarters of Relativity Space, the 3D-printing rocket builder

Jeff Bezos visited the new headquarters of Relativity Space, the 3D-printing rocket builder
The row of two-story tall 3D printer bays at the company's headquarters. Relativity Space The founders of two private rocket-building companies met today – one, the richest person on Earth; the other, leader of a venture pushing the boundaries of manufacturing. Jeff Bezos stopped by the gleaming...

Detroit mayor rejects initial J&J vaccine shipment, saying Pfizer and Moderna are ‘the best’

Detroit Mayor Mike Duggan rejected an initial allotment of the single-shot Johnson & Johnson Covid-19 vaccine this week, according to the Michigan state health department. At a press briefing Thursday, Duggan confirmed he declined this week's allocation of J&J vaccines from the state, citing sufficient...

More restaurant jobs and the stimulus package foreshadow the industry’s coming recovery

Restaurants and bars gained 286,000 workers in February following several months of losing jobs, the latest news24nation that the industry's recovery is on the horizon after a long, cold winter. Freezing temperatures, coupled with a resurgence of new Covid-19 cases, hurt eateries at the end...

U.S., EU to suspend tariffs in effort to resolve Boeing-Airbus trade dispute

U.S., EU to suspend tariffs in effort to resolve Boeing-Airbus trade dispute
Boeing and Airbus square off at the 2013 Paris Air Show. Fabrice Dimier | Bloomberg | Getty Images The U.S. and the European union will suspend tariffs for four months tied to a long-running dispute over illegal subsidies for Boeing and Airbus, the president of the...

Watch live: Biden Covid team holds briefing as more states lift pandemic restrictions

President Joe Biden's Covid-19 response team is holding a news briefing Friday on the coronavirus pandemic, which has infected more than 28 million Americans and killed at least 520,356 in a little over a year. On Thursday, Democratic Connecticut Gov. Ned Lamont said a number of...

Exxon CEO Darren Woods promises investors a strong dividend despite 2020 losses

Exxon CEO Darren Woods promises investors a strong dividend despite 2020 losses
Exxon CEO Darren Woods told CNBC on Thursday the oil giant is committed to its dividend even though the company lost more than $20 billion in 2020 and as activist investors push for change. "We're going to continue to return cash to shareholders through a...

‘Buzz’ ETF tracking social media sentiment launches Thursday amid Reddit manias in stocks

'Buzz' ETF tracking social media sentiment launches Thursday amid Reddit manias in stocks
The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images Is it time for an ETF that measures hype? Measuring the buzz around stocks mentioned in social media is all the rage. Now, there's an exchange-traded...

Morgan Stanley raises GE target to $17, a high among Wall Street banks

Morgan Stanley raises GE target to $17, a high among Wall Street banks
Morgan Stanley is now the biggest General Electric bull on Wall Street after analyst Josh Pokrzywinski raised his target on the stock to $17 on Thursday, up from his prior forecast of $13. Shares of GE briefly topped $14 per share after the markets opened...

SPACs are becoming less of a sure thing as the deals get stranger, shares roll over

SPACs are becoming less of a sure thing as the deals get stranger, shares roll over
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 31, 2018. Brendan McDermid | Reuters Things are getting weird in the sizzling SPAC market. A leisure SPAC is now doing a biotech deal, while a cannabis blank-check company...