What happens if a husband leaves his IRA to someone other than his wife?
Dear Dan, What if a husband is married but names someone other than his still living wife as beneficiary? Who gets the IRA, wife or beneficiary? – Ellie Hi Ellie, Keep in mind, I am not a lawyer and do not give legal advice. I write only of generalities here. I highly recommend you consult […]
Amazon buys SpaceX rocket launches for Kuiper satellite internet project
A Falcon 9 rocket launches a Starlink mission on January 31, 2023 from Vandenberg Space Force Base in California. SpaceX Amazon bought three rocket launches from SpaceX for its Project Kuiper internet satellites, the tech giant announced on Friday. The move is a surprise from Amazon, given the company’s Kuiper system aims to compete with […]
I’m 53 and hate my job. My husband, 59, and I have two homes, plus $1 million in savings. Can we afford to retire?
I’m 53 years old and my husband is 59, and we have three children. I make $160,000 a year at my one job, which I hate, and I bring in between $22,000 and $27,000 from my secondary job, which I love. My husband is self-employed and makes between $150,000 and $250,000 a year. We have […]
Panera Bread IPO filing
A Panera Bread mango yuzu citrus charged lemonade is displayed at a Panera Bread restaurant in Novato, California, on Nov. 1, 2023. Justin Sullivan | Getty Images Panera Bread has confidentially filed to go public again, people familiar with the matter told CNBC. The restaurant chain, known for its soups, sandwiches and bagels, has been […]
Apple, Paramount streaming bundle report boosts media stocks
Jakub Porzycki | Nurphoto | Getty Images Media stocks jumped Friday following a Wall Street Journal report that Apple and Paramount Global are in early-stage talks to offer a bundle of the two company’s streaming platforms. The companies have talked about bundling Apple TV+ and Paramount+ in an offering that would cost less than subscribing […]
Opinion: Leaders at COP28 already have this strong weapon to fight climate change.
“Companies that buy carbon credits decarbonize twice as fast as those which do not.” Politics has been called the art of the possible. Yet regarding climate change, this adage is flipped on its head — it’s the art of the impossible. As the world prepares for COP 28, the 28th United Nations Climate Summit, we desperately need to shift our […]
Pfizer to discontinue twice-daily version of weight loss pill
Pfizer on Friday said it would stop developing the twice-daily version of its experimental weight loss pill after obese patients taking the drug lost significant weight but had trouble tolerating the drug in a mid-stage clinical study. The drugmaker observed high rates of adverse side effects, which were mostly mild and gastrointestinal, among patients. A […]
Dow climbs to fresh nearly 2-year high as investors await Fed’s Powell
U.S. stocks opened mostly lower on Friday after capping off a spectacular November for markets, while the Dow saw modest gains that pushed the blue-chip average to a fresh nearly two-year high. Now, investors are waiting to hear from Federal Reserve Chairman Jerome Powell, who is set to speak at an event in Atlanta. What’s […]
Biotech stocks jump on AbbVie deal to buy cancer drugmaker ImmunoGen
Test tubes are seen in front of a displayed AbbVie logo in this illustration taken on May 21, 2021. Dado Ruvic | Reuters Biotech stocks rose Thursday as AbbVie announced plans to buy cancer drug developer ImmunoGen for $10.1 billion. Shares of ImmunoGen closed nearly 83% higher Thursday, while AbbVie’s stock closed almost 3% higher. […]
Panera confidentially files for IPO in 2024: report
Casual-dining restaurant chain Panera Brands has confidentially filed for an initial public offering, the Financial Times reported late Thursday. According to the FT, the parent company of Panera Bread, Caribou Coffee and Einstein Bros. Bagels, which is owned by the investment group JAB, decided in November to go public, and plans an IPO in 2024. […]
