Space company Momentus MNTS running out of money
An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Space company Momentus warned shareholders in a securities filing on Friday that the company is running out of money and does not have a financial lifeline. Momentus, once valued at more than $1 billion before going public via a special […]
We live in a house provided by my husband’s job. Do we save — or a buy a home?
My spouse and I are in our 50s and live in very nice housing provided by his job. We were late to saving as we both worked for nonprofits and teaching jobs for many years, and have two special-needs children. We have no debt. We are now both making relatively decent money and are saving […]
FAA to audit Boeing production line after 737 Max 9 accident
The Federal Aviation Administration on Friday said it will audit Boeing‘s production line, a week after a door plug blew off an Alaska Airlines 737 Max 9. The agency said it is considering using “an independent third party” to oversee Boeing inspections and quality of its manufacturing. The FAA grounded more than 170 Boeing 737 […]
How owner Spin Master is innovating iconic puzzle
Erno Rubik, inventor of the Rubik’s Cube, holds one of the cubes at the International Toy Fair in Nuremberg, Germany, Jan. 29, 2020. Picture Alliance | Getty Images It took a month of twisting and turning for the first person to solve a Rubik’s Cube. That person was Erno Rubik, now 79, the iconic puzzle […]
My cousin left his estate to 6 cousins, but only one received his inheritance
I appreciate and learn from your column, and read it religiously. Several of your recent readers have asked you questions about wills or what happens when someone dies without a will. I would like to add my experience to the scenarios you have already addressed in recent months, as it adds to your discussion of […]
Flights canceled, delayed as weather, Max 9 grounding disrupt travel
A screen displays flight information at Des Moines International Airport, in Des Moines, Iowa, U.S., January 12, 2024. REUTERS/Marco Bello Marco Bello | Reuters Airlines canceled more than 3,000 U.S. flights Friday as they grappled with winter weather and the grounding of Boeing 737 Max 9 planes. Storms in the Midwest helped drive more than […]
These small-cap managers’ stock picks crushed the indexes last year
If you’re looking to add some kick to your retirement portfolio, here are 12 investments that do not seem obviously worse than anything else: the Sprott Physical Silver PSLV and Gold PHYS trusts, Canadian food company Lassonde LAS.A, +0.18%, Hong Kong-based pork giant WH Group WHGLY, +2.14%, power utility Avista AVA, +0.59%, telecom-software company Amdocs DOX, +0.51%, […]
Wells Fargo (WFC) earnings Q4 2023
Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net interest income for 2024 could come in significantly lower year over year. “As we look forward, our business performance remains sensitive to interest rates and the health of the U.S. economy, but we are confident […]
Kalen DeBoer takes over at Alabama: Did NIL play a role in Saban’s retirement?
University of Washington football coach Kalen DeBoer coach will replace Nick Saban as Alabama’s head coach after Saban abruptly retired with six years and $71.8 million remaining on his contract, according to ESPN. Saban, 72, is walking away from a Crimson Tide program with which he has won the most national titles in college football […]
Bank of America (BAC) earnings Q4 2023
Bank of America shares fell 1.1% Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges. Here’s what the company reported compared to Wall Street expectations, according to LSEG, formerly known as Refinitiv: Earnings per share: 70 cents, adjusted vs. 68 cents expected. Revenue: $22.1 billion vs. $23.74 billion expected. Bank of America […]
