Tag Archives: windfall

Google bonus delay offers lesson in windfall spending

Google bonus delay offers lesson in windfall spending

A pedestrian strolls on the Google campus in Mountain View, California, on Jan. 27, 2022. David Paul Morris/Bloomberg via Getty Images Change to bonuses addresses 2023 uncertainty Google employees who qualify for bonuses will get 80% of the sum in January, with the remainder coming in March or April, according to a memo obtained by CNBC. That’s a departure from Google’s typical practice of delivering full checks in January. A Google spokesperson said it “extensively” communicated that… Source link

Read More »

Boeing 787 deliveries could mean a $17 billion windfall: Morgan Stanley

Boeing 787 deliveries could mean a $17 billion windfall: Morgan Stanley

Boeing could be poised to see a big financial boost as it regains the authority to deliver 787 jets. Morgan Stanley Analyst Kristine Liwag estimated that Boeing may realize $17 billion in sales from the 120 787 airplanes it currently has in inventory waiting for delivery. “This is a major milestone for the business and unlocks another lever of free cash flow generation,” Liwag wrote in a new note to clients, describing the development as a “positive catalyst” for the stock. Liwag predicted that… Source link

Read More »

Trump deal delivers $420 million windfall for dealmaker

By Anirban Sen and Jessica DiNapoli (Reuters) -A merger with former U.S. President Donald Trump’s new social media venture has delivered a potential windfall of $420 million for a former finance executive who has been trying for a decade to reinvent himself as a serial dealmaker. Benessere Capital CEO Patrick Orlando’s stake in Digital World Acquisition Corp, the Miami-based blank-check acquisition firm he is leading, was worth $423 million on Thursday after his deal to merge with Trump Media… Source link

Read More »

A group of fishermen netted a $1.5 million whale-vomit windfall after dredging up a 280-pound hunk of the stuff

A 35-man fishing crew in Yemen netted themselves a hunk of whale vomit worth $1.5 million. Ambergris, known as “floating gold,” is a rare substance found only in the bellies of sperm whales. The fishermen sold off the 280-pound hunk of ambergris and bought new houses, cars, and boats. Visit Insider’s homepage for more stories. A 35-man fishing crew working off Yemen netted the find of a lifetime when they hauled in about $1.5 million worth of whale vomit. Whale vomit is also known as ambergris… Source link

Read More »

A group of fishermen netted a $1.5 million whale-vomit windfall after dredging up a 280-pound hunk of the stuff

A 35-man fishing crew in Yemen netted themselves a hunk of whale vomit worth $1.5 million. Ambergris, known as “floating gold,” is a rare substance found only in the bellies of sperm whales. The fishermen sold off the 280-pound hunk of ambergris and bought new houses, cars, and boats. Visit Insider’s homepage for more stories. A 35-man fishing crew working off Yemen netted the find of a lifetime when they hauled in about $1.5 million worth of whale vomit. Whale vomit is also known as ambergris… Source link

Read More »

How stimulus checks can give you a $14,000 windfall this year

How stimulus checks can give you a $14,000 windfall this year Congress is nearing the finish line as lawmakers race to pass President Joe Biden’s $1.9 trillion relief package by mid-March. Included in the package is the third round of stimulus checks — for up to $1,400 this time — plus an extension of emergency federal unemployment benefits, an expanded child tax credit and more. So if you need more help to pay down debt or cover household expenses, you may start to receive it in a few… Source link

Read More »