When the Covid-19 pandemic hit last year, most companies scrambled to adjust to work-from-home life and a new economic landscape. But not Databricks, a San Francisco-based artificial intelligence software start-up. That’s because billionaire Ali Ghodsi, the company’s co-founder and CEO, had been preparing his 2,500 person staff for doomsday-type scenarios for years. In 2017, Ghodsi
In this article BA ASTR AMZN Rocket 3.1 launches from Kodiak, Alaska. Astra / John Kraus A flurry of space companies filed requests with the Federal Communications Commission on Thursday for new or expanded broadband networks, asking the regulator for approval of nearly 38,000 total satellites. Amazon, Astra, Boeing, Inmarsat, Intelsat, Hughes Network, OneWeb, SpinLaunch,
skynesher | E+ | Getty Images Inflation is coming for your Thanksgiving feast. In September, the consumer price index — a basket of goods — rose 5.4% from a year ago, nearly hitting a 30-year high, according to data from the U.S. Bureau of Labor statistics. And under those headline numbers, food costs rose 4.6%,
My Secret Stash in Traverse City, Mich., is thinly-staffed ahead of the holiday rush. Owner Karen Hilt is gearing up for a strong shopping season. Courtesy: My Secret Stach Karen Hilt owns My Secret Stash in Traverse City, Michigan, retailing products from local artists and sellers— and business has been booming. Hilt’s feeling optimistic about
A pedestrian stands in front of a Manhattan condominium building in New York. Mark Abramson | Bloomberg | Getty Images Wealthy real-estate buyers from overseas are expected to descend on the nation’s luxury housing markets Monday, giving a second boost to demand for high-priced apartments and mansions. The U.S. will lift the travel ban on
The Covid-19 pandemic could be over in the U.S. by the time President Biden’s workplace vaccine mandates take effect in early January, Pfizer board member Dr. Scott Gottlieb told CNBC’s “Squawk Box” Friday. The vaccine requirements from the Occupational Safety and Health Administration take effect on Jan. 4 for any company with at least 100
In this article ABNB Rafael Henrique | LightRocket | Getty Images Airbnb reported strong third-quarter profit growth and a beat on revenue estimates Thursday, as the company continues its recovery from Covid-19 and travel returns as vaccinations efforts ramp up worldwide. Shares briefly rose more than 3% in after-hours trading. Here’s how Airbnb did compared
Peter Thiel, the billionaire co-founder of PayPal. John Lamparski | Getty Images Entertainment | Getty Images Democrats seem to have spared wealthy Americans like billionaire tech mogul Peter Thiel from big tax bills on their vast Roth retirement savings in legislation unveiled this week. That break is courtesy of new language in a $1.75 trillion
It’s a common refrain: A billionaire loudly promotes potential solutions for climate change while jetting around the world, leaving a sizable carbon footprint. This week, it happened twice. First, Microsoft co-founder Bill Gates — an outspoken advocate for combatting climate change — reportedly celebrated his 66th birthday by hosting dozens of guests, including fellow billionaire
Jeff Bezos, left, and Elon Musk Getty Images; Reuters The U.S. Federal Court of Claims ruled against Jeff Bezos’ Blue Origin in the company’s lawsuit versus NASA over a lucrative astronaut lunar lander contract awarded to Elon Musk’s SpaceX earlier this year. Federal judge Richard Hertling sided with the defense in his ruling, completing a
Rep. Josh Gottheimer (D-NJ) (C) and Rep. Tom Reed (R-NY) (3rd R), co-chairs of the bipartisan Problem Solvers Caucus, hold a news conference with fellow members of Congress to highlight the need for bipartisan, bicameral COVID-19 relief legislation outside the U.S. Capitol on December 03, 2020 in Washington, DC. Chip Somodevilla | Getty Images House
nd3000 | iStock | Getty Images There’s a growing number of unmarried couples buying homes together, and without proper planning the move may create future problems. Indeed, 9% of home buyers were unmarried in 2020, according to the National Association of Realtors. While younger millennials, ages 22 to 30 years old, represent 20% of unmarried purchasers,