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Michael Sheetz’s Posts
Magnates and friends of prominent wildcatter T. Boone Pickens remembered him fondly in comments to CNBC following his passing.
Pickens died Wednesday of natural causes at age 91.
The WeWork initial public offering is full speed ahead, sources familiar with the matter tell CNBC’s David Faber, despite a number of a setbacks including a dramatic cut in its valuation and its biggest outside investor urging the controversial real estate company to shelve the offering.
Beer and wine producer Constellation Brands is seeing an uptick in the millennial generation’s consumption of alcohol and, according to a company executive, that’s in part thanks to one specific reason.
Citi no longer sees a conclusion to the trade war with China before the next U.S. presidential election, the investment bank said in a research report on Wednesday.
Apple’s stock is helping lead U.S. stocks higher on Monday, buoyed by the possibility of re-opened trade negotiations with China, but a couple of Wall Street firms say the technology giant is better positioned than some might think even if the trade war continues.
White House economic advisor Larry Kudlow told CNBC on Tuesday the United States holds the upper hand in trade negotiations with China due to the comparative strength of the U.S. economy.
Federal Reserve Chairman Jerome Powell was asked by Congress on Wednesday whether the recent strong U.S. jobs report changed his outlook on the economy and interest rates.
President Donald Trump lambasted the Federal Reserve yet again on Friday, saying he thinks the economy will “be breaking records” even though the central bank has rates set too high.
SpaceX is raising yet another round of funding, a month after completing its second fundraising of the year.
SpaceX caught the half of the fairing, or nose cone, of its Falcon Heavy rocket on Tuesday, passing another milestone as the company seeks to consistently reuse an expensive part of its rocket.
Tesla and SpaceX CEO Elon Musk said in a tweet early Monday he “just deleted” his Twitter account. He made his statement in a tweet, but the account still appeared to be active after the post.
President Donald Trump confirmed on Monday that additional tariffs on Chinese goods will be levied if Chinese President Xi Jinping does not attend this month’s G-20 meeting.
Boeing shares fell more than 4% in trading Monday as the trade war intensifying between the U.S. and China put added pressure on the aircraft maker.
Jeff Bezos, chairman of Amazon and founder of Blue Origin, unveiled his space company’s lunar lander for the first time on Thursday.
President Donald Trump said Wednesday that China “just informed” the White House that its vice premier will lead a delegation “coming to the U.S. to make a deal” on trade.