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Space startup Varda raises 7 million in funding to make drugs in orbit

Space startup Varda raises $187 million in funding to make drugs in orbit

Business News

Pavlo Gonchar | Lightrocket | Getty Images Space startup Varda announced on Thursday that it has raised $187 million in Series C funding, led by venture capital firms Natural Capital and Shrug Capital, to continue advancing drug manufacturing in space. The latest round included participation from Peter Thiel, Lux Capital, Khosla Ventures and Caffeinated Capital. […]

Space startup Varda raises $187 million in funding to make drugs in orbit Read More »

How family offices are betting on the sports boom from fantasy apps to pickleball courts

How family offices are betting on the sports boom from fantasy apps to pickleball courts

Business News

Key Points A third of investment firms of the ultra-rich have invested in sports, according to a new family office survey by BNY Mellon. While billionaire sports-team buyouts get the headlines, family offices are increasingly investing in adjacent assets like live-viewing venues and betting apps. Here’s how the family offices of ultra-rich sports team owners

How family offices are betting on the sports boom from fantasy apps to pickleball courts Read More »

Ferrero to buy cereal maker WK Kellogg for .1 billion; Kellogg shares jump 30%

Ferrero to buy cereal maker WK Kellogg for $3.1 billion; Kellogg shares jump 30%

Business News

Boxes of various Kellogg’s cereals are displayed on shelves at a Walmart Supercenter on May 6, 2025 in Austin, Texas. Brandon Bell | Getty Images Chocolate maker Ferrero has agreed to buy cereal giant WK Kellogg in a deal valued at $3.1 billion. WK Kellogg, which makes U.S. childhood staples such as Froot Loops and

Ferrero to buy cereal maker WK Kellogg for $3.1 billion; Kellogg shares jump 30% Read More »

Delta’s summer travel outlook tops estimates as CEO says high-end demand is holding up

Delta’s summer travel outlook tops estimates as CEO says high-end demand is holding up

Business News

A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024. Joan Valls | Nurphoto | Getty Images Delta Air Lines trimmed its 2025 profit forecast as it deals with lower-than-expected demand this year and the industry manages a glut of flights, but the carrier’s outlook

Delta’s summer travel outlook tops estimates as CEO says high-end demand is holding up Read More »

Eli Manning says he’s no longer interested in buying a piece of the NFL’s Giants: ‘It’s too expensive for me’

Eli Manning says he’s no longer interested in buying a piece of the NFL’s Giants: ‘It’s too expensive for me’

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Former New York Giants quarterback Eli Manning is no longer interested in buying a minority stake in his old team, telling CNBC Sport Wednesday that he’s been priced out. “Basically, it’s too expensive for me,” Manning told CNBC Sport in an interview. “A 1% stake valued at $10 billion turns into a very big number.”

Eli Manning says he’s no longer interested in buying a piece of the NFL’s Giants: ‘It’s too expensive for me’ Read More »

Hims & Hers to offer generic semaglutide in Canada as Novo Nordisk patent lapses

Hims & Hers to offer generic semaglutide in Canada as Novo Nordisk patent lapses

Business News

The Hers website arranged on a laptop in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images Hims & Hers Health announced Wednesday it will offer generic semaglutide in Canada as Novo Nordisk‘s patent on its branded drugs Ozempic and Wegovy is set to expire in January. “Canada is

Hims & Hers to offer generic semaglutide in Canada as Novo Nordisk patent lapses Read More »

TSA plans to let travelers keep their shoes on at airport security checkpoints

TSA plans to let travelers keep their shoes on at airport security checkpoints

Business News

Traveler wait in a long security line at John Wayne Airport in Santa Ana Wednesday, May 7, 2025. Allen J. Schaben | Los Angeles Times | Getty Images The Transportation Security Administration plans to let many travelers leave their shoes on at U.S. airport checkpoints, ending a roughly 20-year-old rule, according to people familiar with

TSA plans to let travelers keep their shoes on at airport security checkpoints Read More »

Trump threatens to impose up to 200% tariff on pharmaceuticals ‘very soon’

Trump threatens to impose up to 200% tariff on pharmaceuticals ‘very soon’

Business News

U.S. President Donald Trump speaks next to Defense Secretary Pete Hegseth during a cabinet meeting at the White House in Washington, D.C., U.S., July 8, 2025. Kevin Lamarque | Reuters President Donald Trump on Tuesday threatened to impose up to 200% tariffs on pharmaceuticals imported into the U.S. “very soon.”  “They’re going to be tariffs

Trump threatens to impose up to 200% tariff on pharmaceuticals ‘very soon’ Read More »

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

Business News

Boeing 737 MAX airliners are pictured at the company’s factory in Renton, Washington, on Sept. 12, 2024. Stephen Brashear | AP Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling 737 Max jets after a series of manufacturing and safety problems. The

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output Read More »

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