A vaccine from GlaxoSmithKline showed the potential to protect adults ages 50 to 59 from respiratory syncytial virus in a late-stage clinical trial, the company said Wednesday.The initial trial results suggest that GSK's shot, known as Arexvy, could help protect a wider population from RSV, a disease that causes...
Boeing's new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, U.S., Feb. 13, 2017.Jason Redmond/ReutersBoeing said Wednesday it will deliver fewer 737 Max aircraft than it expected this year as it works through production flaws detected on some of the best-selling aircraft.The company expects...
Bud Light, made by Anheuser-Busch, sits on a store shelf on July 27, 2023 in Miami, Florida. Joe Raedle | Getty ImagesAnheuser-Busch's Bud Light will again become the official beer sponsor for the Ultimate Fighting Championship with a six-year marketing partnership, the companies announced Tuesday.The sponsorship deal is "well into...
Spotify shares closed 10% higher on Tuesday after the company reported a surprise profit for the third quarter — its first quarterly profit in a year and a half — as price increases and cost-cutting measures took hold.The company's stock has more than doubled so far this year, giving...
United Launch Alliance plans to launch the inaugural flight of its Vulcan rocket on Christmas Eve, CEO Tory Bruno told CNBC's Morgan Brennan on Tuesday.Bruno, speaking at the CNBC Technology Executive Council Summit, said the target window for Vulcan's first launch runs from Dec. 24 through Dec. 26. The...
Nikola's founder and former CEO, Trevor Milton, was found guilty on three counts of fraud in October of 2022.Massimo Pinca | ReutersShares of electric truck maker Nikola traded higher Tuesday afternoon after the company said in a regulatory filing that its disgraced founder, Trevor Milton, has been ordered to...
Sphere patch on a Knicks jersey.Source: MSG Sports | Sphere EntertainmentThe New York Knicks are keeping it in the family for their next jersey patch sponsor.Madison Square Garden Sports announced Tuesday that Sphere Entertainment will become the NBA team's official jersey patch partner for the 2023-2024 season. The patch...
General Motors CEO Mary Barra unveiled the Chevrolet Bolt electric vehicle during the 2016 Consumer Electronics Show in Las Vegas. Production of the current Bolt is set to end in December, but GM has said a revamped version is on the way.Patrick T. Fallon | Bloomberg | Getty ImagesGeneral...
DETROIT – The United Auto Workers expanded its strikes against General Motors to a highly profitable full-size SUV plant in Texas, the union said Tuesday.The strike escalation includes roughly 5,000 workers at GM's Arlington Assembly plant, which produces the Cadillac Escalade and Escalade ESV, GMC Yukon and Yukon XL,...
Frontier Airlines planes are parked at gates in Denver International Airport (DEN) in Denver, Colorado, on August 5, 2023.Daniel Slim | Afp | Getty ImagesEven for budget carriers, earning elite status is now all about how much you spend.Frontier Airlines on Tuesday joined larger airlines in announcing an overhaul...