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23andMe reports sales decline a day after announcing plans to cut 40% of workforce

23andMe reports sales decline a day after announcing plans to cut 40% of workforce

Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images 23andMe on Tuesday reported declining revenue in its most recent quarter, a day after the company said it will cut 40% of its workforce and shutter its therapeutics business as part of a business […]

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This climate startup is challenging Tesla in the race to electrify big rigs

This climate startup is challenging Tesla in the race to electrify big rigs

On the road to electrifying vehicles, cars and small trucks are getting there. Big rigs, however, pose bigger hurdles. The trouble with electrifying tractor-trailer trucks is that the tractor component needs more power than the current charging infrastructure can handle and the necessary charging time is long. Major truck manufacturers like Volvo, Freightliner and Tesla

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EJ Obiena’s ‘dream’ pole vaulting facility set to open in Laoag

EJ Obiena’s ‘dream’ pole vaulting facility set to open in Laoag

FILE–Philippines’ EJ Obiena prepares to compete in the men’s pole vault qualification of the athletics event at the Paris Olympics. (Photo by Andrej ISAKOVIC / AFP) MANILA, Philippines—Just days after being medically cleared to compete again in pole vaulting, Filipino ace EJ Obiena ticked off another thing on his bucket list. Obiena on Monday announced

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B.League: Ray Parks stellar outing goes to waste in Osaka loss

B.League: Ray Parks stellar outing goes to waste in Osaka loss

Osaka Evessa’s Ray Parks Jr. in action during a Japan B.League game. –OSAKA EVESSA PHOTO MANILA, Philippines—Ray Parks Jr. had himself a game on Sunday in the Japan B.League but unfortunately, it didn’t translate to a win. The Osaka Evessa faltered to the Sendai 89ers, 96-88, at Ookini Arena Maishima, despite the herculean efforts of

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Family offices becoming ‘economic powerhouse’ in private company deals

Family offices becoming ‘economic powerhouse’ in private company deals

Closeup of late 40s handsome executive man driving in the back seat of a luxury limousine and using a smart phone.  Gilaxia | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions,

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Waymo opens robotaxi service to anyone in Los Angeles, marking its largest expansion yet

Waymo opens robotaxi service to anyone in Los Angeles, marking its largest expansion yet

A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California.  Mario Tama | Getty Images Alphabet-owned Waymo is removing the waitlist for its self-driving service in Los Angeles, marking its largest expansion yet. Starting Tuesday, anyone in LA will be able to use the Waymo One app

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Shopify stock skyrockets 25% on revenue beat, rosy holiday forecast

Shopify stock skyrockets 25% on revenue beat, rosy holiday forecast

An employee works at Shopify’s headquarters in Ottawa, Ontario in Canada. Chris Wattie | Reuters Shopify shares popped more than 25% in Tuesday morning trading after the Canadian e-commerce company posted better-than-expected revenue for the third quarter and gave an optimistic forecast for the holiday shopping season. Here’s how the company did: Earnings: 64 cents

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Boeing delivers fewest planes in October since 2020, warns factory restart after strike will take weeks

Boeing delivers fewest planes in October since 2020, warns factory restart after strike will take weeks

An employee works in the cockpit of a Boeing P-8 Poseidon maritime patrol aircraft on the production line at Boeing’s 737 factory in Renton, Washington, November 18, 2021. Jason Redmond | Reuters Boeing‘s more than 32,000 machinists who were on strike are required to return to their factories no later than Tuesday, but getting factories

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