An artist’s illustration of the difference in size between the company’s Terran 1 rocket, to the left, and the planned Terran R rocket. Relativity Space Relativity Space, the 3D-printing rocket builder, is making another big bet: Developing a fully reusable rocket, designed to match the power and capability of SpaceX’s workhorse Falcon 9 rockets. Called
Month: February 2021
Brothers91 | E+ | Getty Images If getting health insurance through a public exchange has been too pricey for you, that could soon change. The $1.9 trillion Covid stimulus package that’s expected to clear the House of Representatives on Friday includes several provisions that aim to make health care more affordable for households. They include:
Grass growing from wallet getty So, you are over 50 and you’ve done okay, maybe even better than okay. You’ve saved some money for a rainy day and invested the rest wisely. You may have followed the recommendations of a trusted broker or decided to manage your own portfolio. Most of your money is probably
Miniature model house standing on a heap of dollar bills. Photo with clipping path.Some similar … [+] pictures from my portfolio: getty The long-absent definition of real property for like-kind exchanges is finally available in regulations (T.D. 9935), with several other helpful amendments to the regime for taxpayers. Questions remain, particularly regarding intangible property, but
An insurance policy might pay for fire damage, but it’s not so simple if the property is under … [+] contract. RANJAN SAMARAKONE Commercial real estate documents need to deal with all kinds of hypothetical eventualities, so that if some possible risk actually hits, the parties know what will happen. In a perfect commercial real
Preflight operations underway on the company’s SpaceShipTwo vehicle Unity and mothership Eve. Virgin Galactic Virgin Galactic shares fell in trading on Friday after the company’s fourth quarter results revealed delays to its test flight program, with the expected launch of its commercial service now pushed to 2022. The space tourism company reported a quarterly loss
Short-term rental booking company Airbnb’s stock bounced around, up as much as 4% and down as much as 1%, in after-hours trading on Thursday as the company posted growing losses and a decline in revenue and bookings in its fourth-quarter earnings. Here’s what they reported: Revenue: $859 million vs. $748 million forecast by Refinitiv Loss per share: $11.24
Nurses display a ‘Stay Home’ sign on their vehicle during a car caravan of nurses calling for people to remain home amid a surge of COVID-19 cases in El Paso on November 16, 2020 in El Paso, Texas. Mario Tama | Getty Images A federal judge in Texas ruled on Thursday evening that the national
Kaylin Marcotte’s quest to wind down after busy workdays led her to start a puzzle business that now has more than $1 million dollars in sales in just over one year. Marcotte used puzzles as her nightly meditation when she was head of marketing and community at news platform theSkimm in 2014. She was completing
Longtime trader Art Cashin told CNBC on Friday that investors should brace themselves for a period of stock market volatility as Wall Street digests rising bond yields. “You have to be very careful. There is a fine line. If the market begins to believe that the Fed has somehow lost control of where the bond
Austin Goergen, a student at Oregon State University, started a petition last year to allow dependents ages 17 and up to qualify for stimulus checks. Austin Goergen Washington lawmakers are one step closer to authorizing new $1,400 stimulus checks for millions of Americans. This time, one big group could become eligible for the first time:
The Hemphill Brothers Coach Company knows a thing or two about how celebrities live on the road. The Nashville-based RV company, run by brothers Joey and Trent Hemphill, has been building and outfitting luxury tour buses for 40 years, touting an A-list client roster ranging from mega stars like Taylor Swift, Oprah, Dolly Parton and Beyonce
WASHINGTON, DC – FEBRUARY 17: U.S. President Joe Biden meets with labor union leaders in the Oval … [+] Office of the White House on February 17, 2021 in Washington, DC. Biden met with labor union leaders to discuss and promote his $1.9 trillion coronavirus economic stimulus plan. (Photo by Pete Marovich-Pool/Getty Images) Getty Images
The Internal Revenue Service (IRS) headquarters in Washington, D.C., U.S., on Saturday, Jan. 2, … [+] 2021. Photographer: Samuel Corum/Bloomberg © 2021 Bloomberg Finance LP Millions of Americans who lost their jobs due to the covid pandemic in 2020 are in for an unpleasant surprise as they head into tax season. Congress offered jobless workers
By Guelda Voien Alden Global Capital has deployed millions since the start of the pandemic, including an offer last week to buy newspaper publisher Tribune Publishing — but the hedge fund manager has also allegedly been stiffing the landlord at its Manhattan headquarters on rent payments since last April, according to a complaint filed yesterday. Looking up
Airline stocks are the most overbought they’ve been in years, chart analyst Matt Maley said Thursday. Travel stocks were swept up by a broader market sell-off in Thursday’s trading session, with airline, hotel and cruise line names paring back after substantial year-to-date rallies. The reversal could mark the start of a larger setback, particularly for
New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Shares of sports betting company DraftKings jumped as much as 5% in premarket trading Friday after the company reported fiscal fourth quarter 2020 earnings that
Take a look at some of the biggest movers in the premarket: Foot Locker (FL) – Foot Locker shares tanked 12.1% in premarket trading after quarterly revenue came in below Street forecasts and comparable-store sales unexpectedly declined. The athletic apparel and footwear retailer also reported quarterly profit of $1.55 per share, beating consensus by 20
People working from home have more options for making their living abroad than ever before. In addition to the countries that initially opened to remote workers last year, new destinations have launched programs to tempt workers to ditch their home offices for tropical shores and year-round sun. What’s necessary? Employment outside of the intended
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, December 1, 2020. Susan Walsh | Pool | Reuters Stock investors are trying desperately to interpret what a rise in bond yields means for the stock market. Since February 10th,
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