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Bed Bath & Beyond again warns of bankruptcy with new stock offering

An exterior view of a Bed Bath & Beyond store on February 7, 2023 in Clifton, New Jersey.  Kena Betancur | Corbis News | Getty Images Bed Bath & Beyond is warning of a bankruptcy filing — again — if a proposed $300 million stock offering doesn’t pay off. The …

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YES Network launching streaming service

New York Yankees right fielder Aaron Judge (99) rounds the bases after hitting home run number sixty-two to break the American League home run record in the first inning against the Texas Rangers at Globe Life Field. Tim Heitman | USA TODAY Sports | Reuters The YES Network is launching …

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Pending home sales rose in February, mortgage rates jumped

A For Sale sign displayed in front of a home on February 22, 2023 in Miami, Florida. Joe Raedle | Getty Images Higher mortgage rates took some of the juice out of the housing recovery in February. After a sharp gain in January, pending home sales rose just 0.8% month …

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Lululemon shares jump as holiday-quarter sales surge

A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022. Mike Blake | Reuters Lululemon on Tuesday reported strong holiday-quarter sales, suggesting wealthier shoppers are still purchasing yoga pants and tops despite rising prices for essential goods. The company also issued upbeat guidance for …

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The digital media rollup plan is dead

BuzzFeed CEO Jonah Peretti stands in front of the Nasdaq market site in Times Square as the company goes public through a merger with a special-purpose acquisition company on December 06, 2021 in New York City. Spencer Platt | Getty Images When a marriage or an engagement fails, it’s common …

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Spire, Momentus get stock exchange delisting warnings

Spire Global at the New York Stock Exchange, August 17, 2021. Source: NYSE A pair of space companies received delisting warnings on Friday, according to securities filings, as both ventures’ stock prices stood below $1 a share. Small satellite builder and data specialist Spire Global received a notice from the …

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Rocket Lab targets Neutron launch price to challenge SpaceX

Rocket Lab is building a bigger, reusable launch vehicle called Neutron, and it’s targeting a price point near $50 million per launch to challenge Elon Musk’s SpaceX. “We are positioning Neutron to compete directly with the Falcon 9,” Rocket Lab Chief Financial Officer Adam Spice said earlier this week, speaking …

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Blue Origin NS-23 failure caused by overheated rocket engine nozzle

The moment of the anomaly during the New Shepard cargo mission NS-23, in which the booster’s engine failed. Blue Origin Jeff Bezos’ space company Blue Origin released findings from an investigation into the failed flight of a cargo mission last year, which it says was due to an issue in …

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TikTok live event ad business grows as it faces possible ban

The TikTok application for download in the Apple App store on a smartphone arranged in the Brooklyn borough of New York, US, on Thursday, March 9, 2023. The US is moving closer to restricting access to the popular video-sharing app TikTok, with Senate Intelligence Committee Chairman Mark Warner set to unveil a …

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The Virgin Orbit latecomer Matthew Brown

Texas-based investor Matthew Brown speaks to “Worldwide Exchange” on Mar. 23, 2023. CNBC CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most …

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