A visualization of laser links connecting Kuiper satellites in orbit around the Earth.AmazonAmazon will include a key speed-boosting technology in its coming Project Kuiper internet satellites, the company announced Thursday.Amazon says it tested the laser link tech successfully during its recent Protoflight mission. Traditionally, satellites are limited to sending...
2026 Cadillac Vistiq EVCadillacDETROIT – Cadillac plans to round out its upcoming lineup of all-electric SUVs with a three-row vehicle called the Vistiq, a replacement for its current gas-powered XT6.The General Motors luxury brand on Thursday released images of the Vistiq, which is expected to be its fifth EV,...
BRUSSELS, BELGIUM - NOVEMBER 27: Christine Lagarde, President of the European Central Bank speaks during the European Parliament's Committee on Economic and Monetary Affairs (ECON) meeting in Brussels, Belgium on Nevember 27, 2023. (Photo by Dursun Aydemir/Anadolu via Getty Images)Anadolu | Anadolu | Getty ImagesThe European Central Bank on...
Consumers showed unexpected strength in November, giving a solid start to the holiday season as inflation showed signs of continued easing.Retail sales rose 0.3% in November, stronger than the 0.2% decline in October and better than the Dow Jones estimate for a decrease of 0.1%, the Commerce Department reported...
Former Disney TV executive Ben Sherwood coaching his son Will.Credit: Karen SherwoodWhile Ben Sherwood was working as a top Disney television executive, he was juggling another major commitment — one he couldn't quite get the hang of.Sherwood traveled back and forth between the East and West Coasts to coach...
Check out the companies making headlines before the bell. Adobe — Adobe fell 3.6%, continuing the stock's decline from Wednesday, after the company released disappointing guidance for fiscal year 2024. Foot Locker — The sneaker retailer gained 3.9% after Piper Sandler upgraded shares to overweight and raised the firm's...
An exterior view of Moderna's clinical manufacturing facility. David L. Ryan | Boston Globe | Getty ImagesModerna and Merck's experimental cancer vaccine, when used in combination with Merck's blockbuster therapy Keytruda, reduced the risk of death or relapse in patients with the most deadly form of skin cancer after three...
A view of clouds over Manhattan skyline in New York, United States on August 08, 2023. (Photo by Fatih Aktas/Anadolu Agency via Getty Images)Anadolu Agency | Anadolu Agency | Getty ImagesManhattan rents fell for the first time in over two years, as the supply of empty apartments grew and...
A Cruise self-driving car, which is owned by General Motors, is seen outside the company's headquarters in San Francisco.Heather Somerville | ReutersGeneral Motors' Cruise autonomous vehicle unit has dismissed nine "key leaders" amid ongoing safety investigations sparked by an October accident in San Francisco, according to an internal message...
Adobe CEO Shantanu Narayen.Linda Dimyan | CNBCAdobe shares dropped more than 6% in extended trading Wednesday after the software maker posted a lighter-than-expected forecast for 2024.Here's how the company did, compared to consensus estimates from LSEG, formerly known as Refinitiv:Earnings per share: $4.27, adjusted vs. $4.14 expectedRevenue: $5.05 billion...