industrial goods
Iran Launches New Rocket, Showing Advances in Potential Missile Technology
Iran tested a new rocket on Monday with improved technology that could be used in its missile program, its latest attempt to raise the stakes for the Biden administration ahead of potential negotiations over a new nuclear deal. The new rocket, named Zuljanah, was developed under a government-backed program to send civilian satellites into orbit …
Tesla, FLIR Systems, Bitcoin: What to Watch When the Stock Market Opens Today
Here’s what we’re watching as markets open Monday for the first trading session of 2021. —U.S. stock futures rose on hopes that continued government stimulus and the rollout of coronavirus vaccines will bode well for equities. Futures tied to the S&P 500 rose 0.4% Monday, while contracts lined to the Dow Jones Industrial Average gained …
Here’s where to invest your money before traders start ‘rotating, if not stampeding’ out of stocks, according to one Warren Buffett disciple
Earlier this year, Berkshire Hathaway threw its heavyweight name behind Barrick Gold GOLD, +0.31% with an investment that flew in the face of Warren Buffett’s longtime aversion to gold. The news was “earth-shaking in the gold market,” one strategist said at the time. Now, Kevin Smith, Crescat Capital’s chief investment officer, says others following suit …
Pivotal Studies of Covid-19 Vaccines From AstraZeneca, J&J Resuming
The restarts mean testing of two of the most advanced Covid-19 vaccines in development can get back on track after their testing had been sidetracked. The testing is crucial for regulators to evaluate whether the vaccines safely protect against the virus and should be given widely. The U.S. Food and Drug Administration had wrapped up …
The U.S. vs. China: The High Cost of the Technology Cold War
The world is paying a high price for the technological Cold War between its two greatest powers. The U.S.-China conflict has already upended the tech industry in both countries, disrupting giant hardware manufacturers, computer-chip designers and even social-media services. Now the broader consequences are becoming clear, as the actions of Beijing and Washington reverberate across …
Intel Enters Deal to Sell NAND Memory Unit to SK Hynix
Intel Corp. INTC 0.78% has reached a deal to sell its flash-memory manufacturing business to South Korea’s SK Hynix Inc. 000660 -2.08% for about $9 billion, in a move that would reorient the semiconductor giant away from an area of historical importance that has become increasingly challenged. The Intel unit makes NAND flash memory products …
Apple’s 5G iPhone launch has investors hoping for ‘unprecedented upgrade cycle’
Apple Inc. has pulled off product virtual launches during the COVID-19 crisis, and now the company is gearing up for the most important one yet. The smartphone giant scheduled an online event for Oct. 13, which should bring the launch of the company’s first 5G-enabled iPhones. Apple AAPL, +0.92%’s new phones will be rolling out …
White House officials suggest breaking new coronavirus relief package into smaller pieces
White House officials on Sunday again suggested the best way to proceed with coronavirus relief is to split the Democratic $3.4 billion plan into pieces and pass some measures quickly while debate lingers on other items. In an interview on ABC News’ “This Week,” White House Chief of Staff Mark Meadows said he thought Congress …
Elon Musk’s SpaceX Readies First Astronaut Launch by Private Firm
With the scheduled launch of two NASA astronauts into orbit Wednesday, SpaceX aims to propel the U.S. into a historic new era of commercially led space exploration. No company has flown commercially developed hardware carrying humans and rendezvoused with the international space station. If successful, it would be a resounding achievement for Space Exploration Technologies …
Ecolab, FLIR Systems, Zebra Technologies Are Back-to-Work Plays
Text size FLIR’s Thermal SmartSensor system can screen for elevated skin temperatures. Courtesy of FLIR Systems As the U.S. economy begins to reopen, more people will return to the factory and the office. Giving up elastic-waist pants will be hard enough, but acclimating to new work protocols could be even more daunting, especially in the …
