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The Starlink logo is seen on a mobile device with an grahpic illustration of planet Earth in this illustration photo in Warsaw, Poland on 21 September, 2022.STR | Nurphoto | Getty ImagesSpaceX's effort to put an additional 22,488 satellites into low-earth orbit is facing a formal objection from a Ukrainian-American nonprofit, which says it's concerned about CEO Elon Musk's "contacts with Russia and the alleged use of his Starlink system by Russian forces in Ukraine."In a petition to deny and motion for stay filed with the Federal Communications Commission on Wednesday, the Ukrainian Congress Committee of America (UCCA) also cited negative environmental impacts of SpaceX launches in Texas and Musk's potential conflicts of interest due to his work with the incoming Trump administration.Space...

Zenefits CEO David Sacks speaks at the TechCrunch Disrupt conference in San Francisco, Calif.Paul Chinn | San Francisco Chronicle | Hearst Newspapers via Getty ImagesVenture investor and podcaster David Sacks will join the Trump administration as the "White House A.I. & Crypto Czar," President-elect Donald Trump announced on Truth Social on Thursday.Sacks will guide the administration's policies for artificial intelligence and cryptocurrency, Trump wrote. Some of that work includes creating a legal framework for crypto, as well as leading a presidential council of advisors on science and technology."David will focus on making America the clear global leader in both areas," Trump wrote. "He will safeguard Free Speech online, and steer us away from Big Tech bias and censorship."The appoi...

This photograph shows a logo of American multinational corporation McKinsey & Company on the first day of the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 26, 2024. Pau Barrena | Afp | Getty ImagesA subsidiary of top global consulting firm McKinsey & Company agreed to pay nearly $123 million to settle claims that it bribed government officials in South Africa, the U.S. Department of Justice said Thursday.Federal prosecutors also unsealed a 2022 guilty plea by Vikas Sagar, a former senior partner at McKinsey who worked in the subsidiary's South Africa office. Sagar, 56, of Johannesburg, pleaded guilty in U.S. District Court for the Southern District of New York, to one count of conspiracy to violate the Foreign Corrupt Practi...

When it comes to the jobs report Friday, investors can't seem to make up their mind what they want. The November nonfarm payrolls report is one of the last major economic data points before the Federal Reserve holds its Dec. 17-18 meeting, at which the central bank is widely expected to squeeze in one more rate cut before the end of the year. But whether a weak or strong number come Friday will be better for the interest rate outlook, and for markets, is unclear, with observers on both sides of the argument. The U.S. economy is expected to have added 214,000 jobs last month, according to the consensus among economists polled by Dow Jones. .SPX YTD mountain S & P 500 John Flood, head of Americas equities sales trading for Goldman Sachs Global Banking & Markets, said Tuesday he expec...

Ulta Beauty on Thursday beat Wall Street's fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare.The retailer hiked its full-year outlook slightly to reflect the better-than-expected results. For the fiscal year, it said it now expects net sales to range from $11.1 billion to $11.2 billion, compared with its previous guidance for $11 billion to $11.2 billion.It said it now expects full-year earnings per year to range from $23.20 to $23.75, up from $22.60 to $23.50. For the full year, the comparable sales forecast ranges from a decline of 1% to flat. The comparable sales metric tracks sales at Ulta stores open at least 14 months along with online sales,Despite the raised outlook, the company expects holiday-quarter comparable ...