Rocket Lab CEO Peter Beck on the company’s new US launch siteCNBC’s Morgan Brennan reports on her conversation with Rocket Lab CEO Peter Beck on the new U.S. launch site for the company.

Market run-up due to improvement in trade sentiment, fundamentals: Wells Fargo’s JacobsenBrian Jacobsen of Wells Fargo Asset Management and Kevin Caron of Washington Crossing Advisors join “Squawk Alley” to discuss the market’s move higher amid trade optimism.

SpaceX owner and Tesla CEO Elon Musk gestures during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Tesla’s general counsel is leaving the company, marking the latest executive departure for the electric-car maker. Jonathan Chang, who worked at Tesla for almost nine years, has taken a position as general counsel at SambaNova, the AI chip start-up announced Thursday. With Chang’s departure, Tesla has now lost three general counsels in the past year. Tesla’s general coun

Shares of fintech company Bill.com soared a whopping 60% on its first day of trading on the New York Stock Exchange on Thursday. Bill.com, which sells software services to small- and medium-sized business to help with payment processes, was priced at $22 per share before its market debut. “We focus on really helping small- and medium-sized businesses get rid of the mess that runs their back office,” Bill.com founder and CEO René Lacerte told CNBC’s “Squawk Alley” on Thursday. The company’s artif

Katie SchoolovAmazon is already delivering about half of its own packages in the U.S., according to a Morgan Stanley estimate on Thursday, and will soon pass both United Parcel Service and FedEx in total volume. “Our AlphaWise analysis shows that Amazon Logistics already delivers ~50% of Amazon US volumes, focused on urban areas,” Morgan Stanley said. Amazon Logistics is the e-commerce giant’s in-house logistics operation. For comparison, Morgan Stanley estimates UPS and FedEx have U.S. shipping

Autodesk — Shares of the software company fell more than 1% after JPMorgan downgraded the stock to an underweight rating. The firm said that after the stock’s roughly 12% gain in the last month there isn’t a lot of upside ahead. The buy rating represents an upgrade in the firm’s opinion of GE, as the previous analyst had a neutral rating. Delta Air Lines — Delta shares rose more than 3% after the airline giant issued 2020 guidance that topped analyst expectations. It forecast fourth-quarter earn

It may have been quite the decade for the U.S. exchange-traded fund market, but the next one could see its assets surge tenfold to $50 trillion, Bank of America predicted. Since the inception of the first ETF — the S&P 500 SPDR — in 1993, the U.S. market has grown rapidly to a $4.3 trillion juggernaut. Equity passive funds alone, which include index funds, have ballooned to a more than $3 trillion market in less than 10 years, according to Morningstar. Bank of America believes the relatively str

CNBC’s Jim Cramer on Thursday thanked former Trump advisor Steve Bannon for praising his recent remarks that the U.S. economy is strong enough for the president to walk away from China trade talks. Bannon, an ex-White House chief strategist and the former head of far-right Breitbart News, said in a “Squawk Box” interview, “I like quoting a liberal Democrat, some guy named Jim Cramer.” “So I thank Steve Bannon for recognizing that this is a position that is not a left or right issue. It’s an issu

In January, GM previewed a crossover that is expected to be Cadillac’s first all-electric vehicle on the company’ next-generation all-electric vehicle architecture. DETROIT — General Motors expects a majority, if not all, of its Cadillac cars and SUVs sold globally to be all-electric vehicles by 2030, according to a company executive. We’ve never been better positioned as an internal combustion brand,” he said during a media event Thursday in Detroit. There’s a lot that’s going to be going on fo

The Federal Trade Commission is considering seeking a preliminary injunction against Facebook over antitrust concerns, The Wall Street Journal reported Thursday. The injunction would likely seek to block Facebook from enforcing policies around how its apps interact with each other and work with potential rivals, the Journal reported. A majority of the five commissioners, made up of three Republicans and two Democrats, would need to vote to seek the injunction. But an injunction would show that F

Satya Nadella, chief executive officer of Microsoft Corp., departs the “Tech For Good” meeting at Elysee Palace in Paris, France, on Wednesday, May 23, 2018. A group of industry executives met with France’s President Emmanuel Macron to discuss how to use technology to improve people’s lives. Microsoft has a history with government contracts and has spent years going through the process of clearing employees for defense work, said two of the people. Microsoft’s website lists more than 100 opening

President Donald Trump is not expected to impose new tariffs on China this weekend, but he may not have much of a trade deal to show either. That promise, however, should be enough to satisfy the stock market, which was soaring after the president tweeted that he expects a “very big” deal with China and both sides want it. Trump was to meet with his advisors at the White House on Thursday, as the weekend deadline approaches. The chances of more tariffs on the 15th are slim,” said Greg Valliere,

A 3,900-bottle whisky collection that contains some of the rarest whiskys in the world could sell for a total of over $10 million, with some individual bottles going for more than $1 million, according to Whisky Auctioneer, which will be auctioning what it has dubbed “The Perfect Collection” in early 2020. The whisky collection belonged to Richard Gooding, the former owner and CEO of Pepsi Cola Bottling Company of Denver. The most impressive bottles in the collection come from rare distilleries

While I was born in the United States and raised in an English-speaking household, some Korean words were impossible to escape. Nunchi in a negotiationTake Thea, for example: Thea met with her boss to ask for a salary increase. An experienced negotiator might tell Thea to find out what range her boss has in mind before they start talking numbers. So Thea sat down with him and simply said, “I’d like to discuss a pay raise to accompany my recent promotion.” And because her boss had shown his hand,

How this couple making $185,000/year bought a $599,000 home in Gardena, CAVer Starr and Jenelle Yee, both 28, recently bought their first home just south of Los Angeles. Here’s how they did it. This is the latest installment of Millennial Mortgage, which profiles first-time buyers across the U.S. and details how they purchased their first homes.

If you invested in Amazon 10 years ago, that decision would have paid off majorly. Jeff Bezos, founder and Ceo of Amazon Paul Souders | Getty ImagesAmazon’s expansion into an online empireAmazon Prime Boxes StackedIn 2015, to celebrate 20 years in business, Amazon held its first-ever Amazon Prime Day. In late October 2019, it was announced that Microsoft beat out Amazon to secure a $10 billion deal with the Pentagon — a decision Amazon is currently fighting. The ups and downs of Amazon’s stock p

That’s according to real estate brokerage Redfin, which determined the top 10 most “bikeable” U.S. cities for 2020. The ranking is based on data from Bike Score, a tool operated by a Redfin-owned company. It considered factors like access to bike lanes and hilliness for cities with populations over 300,000. Cities where daily errands can be accomplished on a bike scored 90 points and above, cities where biking is convenient for most trips scored between 70 to 89 points and cities that have some

That’s when the Los Angeles-based couple, now 28, started saving money specifically for a down payment. Ver Starr millennial homeownerThe couple closed in June 2019 and moved in a month later. “The lender was willing to work with us to put 10% down and get a conventional loan,” says Starr. Closing costs: $3,102 This included credit agency reporting, title search, escrow fee, recording fee (documentation of purchase) and the loan origination fee. This included credit agency reporting, title searc

But a digital marketing agency in the North West of England has taken a more flexible approach by letting staff work from home if they’re feeling a little fragile. In fact, the Audit Lab, based in Bolton, Lancashire, has a year-round “hangover day” policy, as first reported by the BBC. Crompton said she and Frame wanted to create a company with a variety of perks for different employees but realized many benefits lent themselves particularly to working parents. By implementing “hangover days” in

“We believe that fractional shares will open up investing for more people,” Robinhood said in a press release. Charles Schwab announced at the end of October that it would allow customers to buy fractional shares of stocks. That’s good for investors without a lot of money who would like to buy shares in expensive companies like Amazon or Alphabet. “But the lure of individual stocks is always there. Investing in individual stocks only, in other words, is not a smart strategy.