SpaceX showed off its Crew Dragon capsule and introduced the first four NASA astronauts who will fly in it. “We are not going to fly until we’re ready to fly these folks safely,” SpaceX President and COO Gwynne Shotwell told reporters Monday. She said the company needs “to demonstrate that this vehicle is capable of
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Tapestry on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations, driven by strong performance of its Kate Spade brand. Shares of the company rose more than 9 percent in early trading. The company, formerly known as Coach, bought Kate Spade last year in a $2.4 billion deal but has struggled to rein in
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Home Depot on Tuesday reported second-quarter earnings and sales that far surpassed expectations, reaping the benefits of a warmer start to the summer. The home improvement retailer, which had a rocky spring season, also raised its outlook for revenue and same-store sales for the full year, saying the number of customer transactions jumped during the
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So far, “we’ve seen tariffs on imported steel, aluminum, solar panels and washing machines,” he said. But for a large part, shoppers haven’t been heavily impacted yet. “Consumers buy washing machines once every 20 years.” Vaping products for marijuana, medical or otherwise, are a different story. “It’s hard to predict how people will react,” Ikenson
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Amazon’s stunning growth in the internet advertising market will boost the company’s shares, according to Piper Jaffray. The firm reaffirmed its overweight rating for the internet giant’s stock, predicting its ad business profits will surpass its cloud computing income by 2021. “While the Street has been focusing on the trajectory of core retail, growth of
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2. What should I do with distributions? Generally, distributed money is subject to income taxes and a 10 percent early withdrawal penalty if you’re under 59½ years old (except in certain circumstances). If you want the money before you reach 59½, you’ll pay 20 percent to 40 percent in taxes and penalties. Federal rules require
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