Brunswick (BC) showcased some of its new boats and power technology at their media day. A recent report projects significant growth in the electric boat market, which could reach $7.7 billion by 2030. Yahoo Finance Senior Reporter Pras Subramanian spoke with David Foulkes, Brunswick's CEO, all about the new developments in boating technology and how inflation is impacting the boating industry. Foulkes expounds by explaining how the company has a 'very resilient consumer base,' and that the 'electrification' of everything is well underway due to changing tastes and government regulations. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Tina Turner was a singer, songwriter and actress. Known as the "Queen of Rock 'n' Roll".The Canadian dollar strengthened to a one-month high against its U.S. counterpart on Monday as investors grew more optimistic about the global economy and ahead of inflation data that could sway the Bank of Canada's interest rate outlook. The loonie was trading 0.3% higher at 1.3488 to the greenback, or 74.14 U.S. cents, after touching its strongest level since Aug. 15, at 1.3472.
NORTH CHARLESTON, S.C. — The crash site for a stealth fighter jet that went missing during the weekend after its pilot ejected was located Monday in rural South Carolina after the military asked the public for help finding an aircraft built to elude detection. The debris field was discovered in Williamsburg County, about two hours northeast of Joint Base Charleston. Residents were being asked to avoid the area while a recovery team worked to secure it.
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Yahoo Finance LIVE - Sept 18 PMExecutives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
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Instacart IPO, oil prices climb: Yahoo Finance LiveThe long-anticipated public debut of Instacart (CART) has arrived. The grocery delivery company is set to IPO on the Nasdaq after pricing at $30/share, valuing the company at $10 billion. Oil is also on investors' minds, with supply concerns rising after production cuts from several OPEC member nations. All this comes as the Federal Reserve kicks off its two-day policy meeting today. Top trending tickers include Rocket Lab (RKLB), with shares sinking following a failed launch, Nikola (NKLA) moving on leadership changes, and Moderna (MRNA) falling on weaker vaccine demand.Top guests on Yahoo Finance Live today include:9 a.m. ET - Caleb Silver, Investopedia Editor-In-Chief10 a.m. ET - Mike Mayo, Wells Fargo Securities managing director and head of U.S. large-cap bank research10:15 a.m. ET - Jessica Lautz, National Association of REALTORS Deputy Chief Economist10:30 a.m. ET - David Foulkes - Brunswick CEO
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NEXT: Colonizing the moonIn the Yahoo Finance series NEXT, Yahoo Finance anchor Akiko Fujita travels to the headquarters of Astrobotic Technology in Pittsburgh, Penn., for a glimpse at the future and what it will take to colonize the moon. Astrobotic is on a mission to make history. More than five decades after the Apollo missions landed the first Americans on the moon, the Pittsburgh-based company is attempting to become the first commercial firm to successfully land an aircraft on the surface of the moon. That journey would mark the first step in a larger vision to develop the lunar surface’s infrastructure, in an effort to establish a more permanent human presence there. Astrobotic’s advancements point to a rapidly growing private space industry that is pushing space exploration to new heights. While government agencies like NASA have traditionally spearheaded space missions, the emergence of new upstarts have led to a surge in public-private partnerships focused on scientific research, driving a $470 billion industry. Astrobotic’s immediate focus is on delivering cargo to the moon. CEO John Thornton and his team are placing their first bet on the Peregrine lunar lander, a small-class spacecraft developed inside its 47,000-square-foot facility. Equipped with its electronics, propulsion, and communications systems, the Peregrine will be loaded aboard United Launch Alliance’s (ULA) Vulcan Centaur rocket, scheduled for launch later this year. NEXT is a groundbreaking series that will offer a glimpse into some of the biggest companies Yahoo Finance covers every day, what they’re planning for the future, and what it means for your investing portfolio. For more on our NEXT Series, click here, and tune in to Yahoo Finance every Monday at 10 a.m. ET. To watch the debut episode of NEXT: Samsung vs Apple: An inside look at the smartphone wars, click here.
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Space economy is 'much, much broader' than just rockets, satellites: VCThe race into the space economy is on as more publicly traded companies are entering the tech-driven landscape, an industry previously exclusive to government agencies or private developers. Space Capital Managing Partner and Founder Chad Anderson sits down with Yahoo Finance Live to discuss the expansive portfolio of companies with exposure to space technology and what the venture capitalist investor is looking for. 'We're getting in as pretty much the first institutional check into a company, so about five to seven years away from the public markets, but what we're looking for at that stage is really founders who understand the technology that they're working with... the infrastructure... the satellite hardware... the market in which they're operating in,' The Space Economy author explains. 'There are some nuances here that make this a unique category to be investing in and to be building innovative solutions in.' Anderson also touches upon the forecasted growth of the space sector in coming years and how space company investments can benefit other industries. For more from Yahoo Finance's NEXT Series previewing the latest tech developments, click here, and tune in to Yahoo Finance Live every Monday at 10 a.m. ET.
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Starbucks stock downgraded to ‘Perform’ by TD CowenStarbucks’ (SBUX) stock has been downgraded from ‘Outperform’ to ‘Perform’ by TD Cowen analysts, also lowering their price target to $107 per share for the coffee chain. TD Cowen analysts are pointing to weakness in Starbucks’ Chinese segments, which have been significantly impacted by last year’s COVID lockdowns and recent economic slowdowns. Yahoo Finance Live examines consumer trends in Starbucks’ U.S. market, referencing its loyalty programs and notable behaviors in Americans’ morning routines. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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New Brunswick volunteer inspired by Terry Fox leading fourth annual Bay of Fundy beach cleanupCarl Duivenvoorden’s led efforts have raised thousands for the late Canadian legend’s foundation while also pulling thousands of pounds of trash from the ...
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