“X2 has proven successful … this is a 10 times better resolution than last time,” ICEYE CEO Rafal Modrzewski told CNBC. After the successful debut of the X1 satellite in January, ICEYE incorporated more than 50 improvements into X2, Modrzewski said. The ICEYE-X2 satellite is much like the beta test …

Simon Dawson | Bloomberg | Getty Images A model of a Raytheon fighter jet is seen on display at a Farnborough International Airshow in Farnborough, U.K. Defense stocks rose on Monday after Politico reported that President Donald Trump is asking for a $750 billion defense budget in fiscal 2020. The …

Saul Loeb | AFP | Getty Images US President Donald Trump (R) US Secretary of State Mike Pompeo (2-R) and members of their delegation hold a dinner meeting with China’s President Xi Jinping (L) Chinas Foreign Affairs Minister Wang Yi (2-L) and Chinese government representatives, at the end of the …

Luke Sharrett | Bloomberg | Getty Images Signage is displayed outside a Papa John’s International pizza restaurant in Louisville, Kentucky. It’s been a challenging year for Papa John’s. Public scandals surrounding its founder and a massive decline in same-store sales has pressured the company into making major changes to its …

Brendan McDermid | Reuters Apple CEO Tim Cook speaks at the Anti-Defamation League’s “Never is Now” summit in New York City, December 3, 2018 Apple has filed an appeal to overturn a broad iPhone sales ban in China, the company told CNBC on Monday. The ban of some iPhone models, …

Investors are checking out of retail with the sector on track to post its worst quarter since the financial crisis, and one top technician says Costco could be the next victim of the sell-off. Shares of the big-box retailer are up nearly 19 percent year to date, compared with a …

Sean Gallup | Getty Images A worker pauses while preparing the Google stand the day before the CeBIT 2012 technology trade fair officially opens to the public on March 5, 2012 in Hanover, Germany.  Google is shutting down its beleaguered social network sooner than expected in the wake of a …

Marlene Awaad | Bloomberg | Getty Images Carlos Ghosn, chairman of the alliance between Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp., pauses during a Bloomberg Television interview at the Paris Motor Show in Paris, France, on Tuesday, Oct. 2, 2018.  Japanese carmaker Nissan wants to keep former Chairman …

DANIEL LEAL-OLIVAS | AFP | Getty Images An Anti-Brexit campaigner Steve Bray (R) stands with placards  and a pro-Brexit supporter (L) stands with a placard demanding an immediate departure from the European Union. A Brexit vote in U.K. parliament has been delayed by Prime Minister Theresa May, following fears that …

ARis Oikonomou | AFP | Getty Images Tim Cook, CEO of Apple, speaks in Brussels, on October 24, 2018.  Apple was down about 2 percent Monday morning after a Chinese court banned the import and sale of most iPhone models in the country as part of an injunction. Qualcomm requested …