Khosla Ventures $28 million investment in Rocket Lab is now worth about $1.7 billion
Khosla Ventures, the Silicon Valley venture capital firm founded by Vinod Khosla, made multiple early bets on Rocket Lab that are paying off enormously.
CNBC US News
Amazon brings its cashierless tech to two Whole Foods stores
Amazon is launching its cashierless technology, called "Just Walk Out," at two Whole Foods stores that are scheduled to open next year.
American Airlines pilots' union plans to picket airports as tension over fatigue, overscheduling heats up
American Airlines pilots' union is planning to picket, joining Southwest aviators in protests against fatigue and scheduling issues.
Mortgage demand falls to lowest in two months as rates stagnate
Mortgage demand didn't move much as interest rates are stuck in a holding pattern.
Hybrid working will now allow more people with disabilities to enter labor force, Ted Kennedy Jr. says
Over 1 billion people live with disabilities around the world today.
Betting markets swing in favor of Gov. Gavin Newsom as California recall effort enters home stretch
California Gov. Gavin Newsom faces a tough recall election next week, but the odds of his staying in office are looking more favorable.
Pfizer Covid booster shots will likely be ready Sept. 20, but Moderna may be delayed, Fauci says
Dr. Anthony Fauci said third Pfizer vaccine doses will likely be ready by Sept. 20, but approval for a Moderna booster may be delayed.
WHO says delta remains the 'most concerning' Covid variant despite emergence of mu
Any new virus that emerges has to be able to compete with the "best of class," and right now that is delta, the WHO's Dr. Mike Ryan said.
Microsoft acquires video-editing software start-up Clipchamp
Microsoft is buying video editing technology after the service saw strong growth in the pandemic, notably in video formats used on TikTok and Instagram.
Hulu is raising the price of its on-demand plans by a dollar on Oct. 8
The price hikes are effective Oct. 8.
White House proposes stopgap bill with disaster aid as Congress hashes out trillions in spending
The White House proposed a stopgap measure to fund the government as lawmakers haggle over a $1 trillion infrastructure bill and a $3.5 trillion budget package.
Ford poaches top tech executive Doug Field who helped lead Apple's top-secret car project
Ford has hired former Tesla and Apple executive Doug Field as its chief advanced technology and embedded systems officer, the company announced Tuesday.
A sharp rise in wages is contributing to worries over inflation
August's jobs report, besides being a big disappointment, also showed that wages are rising even with weak hiring.
Treasury yields rise to start the trading week
Treasury yields rose on Tuesday morning, continuing to shrug off last week's disappointing jobs report.
WHO criticizes wealthy nations for hoarding Covid treatments and vaccines, saying it's prolonging pandemic
The U.S., which has fully immunized 53% of its population, has already administered booster shots to more than 1.3 million people.
WHO says Covid will mutate like the flu and is likely here to stay
Covid-19 could become endemic like the flu and circulate in the population at low levels.
Apple sends invites for Sept. 14 launch event, where new iPhones are expected
Apple sent out invitations to the media for its annual September event, where the company is expected to launch new iPhones.
QAnon and anti-vaxxers brainwashed kids stuck at home — now teachers have to deprogram them
The prevalence of conspiracy theories among U.S. adults is presenting a new set of challenges to kids and educators.
Major automakers fear the global chip shortage could persist for some time
Ford, Volkswagen and Daimler are still struggling to deal with the impact of the chip shortage, and execs say a lack of chips is likely to remain a problem.
UK government calls for security review of graphene firm’s takeover by Chinese academic
The U.K. government has called for an investigation into a takeover by a Chinese scientist of a small Welsh manufacturer that makes graphene.
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