Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO Eddie Lampert's...Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Facebook has stopped paying commission to staff for selling political advertisements on its platform, The Wall Street Journal reported.Technologyread more
Prosecutors allege that Stephen Calk, former president of Chicago-based Federal Savings Bank, loaned former Trump campaign chair Paul Manafort as much as $16 million in...Politicsread more
Oil prices tumble as the market braces for a prolonged U.S.-China trade war and on signs the U.S. is willing to negotiate with Iran.Energy Commoditiesread more
U.S. manufacturer growth hit new lows in May, the latest sign that the economic slowdown accelerated amid the ongoing trade war.Economyread more
European pilots are urging the EU's aviation regulator to conduct an independent and thorough review of the Boeing 737 Max before it flies again. The planes have been grounded...Airlinesread more
Wall Street is under pressure, but a handful of stocks are breaking out to new highs. McDonald's, Waste Management, Hershey, Visa and Costco have notched records this month,...Trading Nationread more
With its pair of launches on Friday and Sunday, SpaceX hopes to demonstrate its rocket services can be a cost-effective, rapid-turnaround means of reaching the final frontier.
No private company has successfully launched two rockets in a 48-hour time frame since United Launch Alliance did so in March 2008 — and SpaceX aims to both land its rockets and reuse them later.
A joint venture of Lockheed Martin and Boeing and a major competitor to SpaceX, United Launch Alliance's CEO Tony Bruno wished SpaceX well, writing on Twitter, "Good Luck & congrats upon success. Having routinely achieved high launch rates, I know that tempo is anything but routine."
The first launch by Elon Musk's company will occur at Kennedy Space Center in Florida during a two hour window beginning at 2:10 p.m. ET. The BulgariaSat-1 Mission will deliver a commercial communications satellite to orbit aboard SpaceX's Falcon 9 rocket. The first stage of this specific rocket was used previously this year, in a launch from Vandenberg Air Force Base in January.
After separating with its payload, the Falcon 9's first stage will attempt to land upright on a mobile droneship stationed in the Atlantic Ocean.
Two days later, SpaceX will launch a separate Falcon 9 rocket from California's Vandenberg Air Force Base, this time with a payload of 10 Iridium NEXT satellites. Scheduled for 4:25 p.m. ET Sunday, this mission will continue to fulfill SpaceX's contract to deliver 75 Iridium satellites into low-Earth orbit by mid-2018.
The Falcon 9's first stage is then intended to land on another SpaceX autonomous droneship, this time located in the Pacific Ocean.
In 2008, on March 13 and March 15, United Launch Alliance succeeded in blasting off one of each of its Atlas V and Delta II rockets. However, both launch vehicles were expendable systems, and were not reused.