Family Money Dynamics

Business

From $2.9 Billion to $7,386: How Tesla's Cybertruck Stumble Evaporated a Korean Family's Fortune

A South Korean family's paper wealth soared past $800 million after their company, L&F Co., inked a landmark battery materials deal with Tesla. Less than two years later, a quiet regulatory filing slashed the contract's value by 99.9997%, a collapse tied directly to Tesla's production struggles with its Cybertruck and 4680 battery cells.

Feb 2, 2026

Business

Ripple Secures Full EU Electronic Money License, Cementing European Ambitions

Ripple has obtained a full Electronic Money Institution (EMI) license from Luxembourg's CSSF, granting it passporting rights across the European Union. This marks a significant regulatory milestone following recent UK approval and a period of aggressive fundraising and acquisitions.

Feb 2, 2026

US

RFK Jr. Breaks Silence on Kennedy Family Rift Amidst Cousin's Tragic Passing

Health and Human Services Secretary Robert F. Kennedy Jr. has publicly addressed the deep divisions within America's most storied political family, following the death of his cousin Tatiana Schlossberg and amidst ongoing policy controversies that have placed him at odds with his relatives.

Feb 2, 2026

Business

Institutional Money Fuels Dover's Meteoric Rise: A 2,357% Journey Since 1996

Dover Corporation (DOV), the diversified industrial manufacturer, continues to attract heavy institutional investment, driving a remarkable long-term share price appreciation. Strong quarterly earnings and bullish guidance underscore the fundamental strength behind the sustained Big Money inflows.

Jan 30, 2026

Business

FDA Greenlights Spectrum Dynamics' AI-Powered Imaging Platform, Boosting Nuclear Medicine Precision

The FDA clearance of Spectrum Dynamics' Veritas.AI platform marks a significant step forward for nuclear imaging, promising to cut scan times in half and enhance image clarity for critical applications like cancer theranostics.

Jan 30, 2026

Business

Grid Dynamics' Paradox: Soaring Earnings Fail to Halt Stock Slide

Despite a staggering 425% surge in earnings per share over the past year, shareholders of Grid Dynamics Holdings (NASDAQ: GDYN) have watched the stock price plummet 64%. This disconnect between robust financial performance and market valuation highlights the complex forces driving investor sentiment beyond the fundamentals.

Jan 30, 2026

Business

General Dynamics Lands $1 Billion Navy Modernization Deal Amid Record Backlog

General Dynamics secures a major multi-year U.S. Navy contract for systems modernization, reinforcing its pivotal role in naval defense and underscoring the strength of its record order backlog amid robust segment performance.

Jan 30, 2026

The Silent Inheritance: How Boomers' Reluctance to Discuss Wealth Transfer Risks Family Strife and Financial Chaos

A pervasive culture of silence around estate planning is setting the stage for confusion and conflict as trillions in assets prepare to change hands. Experts warn that avoiding 'the talk' is a disservice to both generations.

Feb 2, 2026

World

Norwegian Royal Family Under Dual Scrutiny: Crown Princess's Son Faces New Assault Charges as Epstein Links Resurface

Marius Borg Høiby, son of Crown Princess Mette-Marit, was arrested on new violent charges days before his rape trial, casting a shadow over the monarchy just as his mother faces renewed criticism over her past association with Jeffrey Epstein.

Feb 2, 2026

US

Ohio Mother's Final Act of Love: Family of Three Lost in Devastating Cincinnati Blaze

A 68-year-old Cincinnati woman and her two adult children perished in a fast-moving house fire last month, with officials describing the conditions as 'not survivable.'

Feb 2, 2026

World

Norwegian Royal Family Under Scrutiny as Crown Princess's Son Detained on New Charges Ahead of Rape Trial

Marius Borg Høiby, the eldest son of Crown Princess Mette-Marit, was taken into custody on fresh allegations of assault and weapons offenses just days before his high-profile trial on multiple rape charges is set to begin, deepening the crisis for Norway's monarchy.

Feb 2, 2026

World

Norwegian PM Joins Crown Princess in Condemning Epstein Ties as Royal Family Faces Mounting Scrutiny

Prime Minister Jonas Gahr Stoere has publicly agreed with Crown Princess Mette-Marit's own assessment that she showed "poor judgement" in maintaining contact with convicted sex offender Jeffrey Epstein. The comments come as newly released court documents reveal extensive email correspondence, adding pressure on the Norwegian monarchy during a period of significant personal and institutional challenges.

Feb 2, 2026

US

Prosecutor's Family Link to Kirk Shooting Scene Sparks Conflict-of-Interest Battle in Utah Court

As a Utah murder trial resumes, defense attorneys are pressing to remove the entire county prosecutor's office from the case, arguing the presence of a lead attorney's child at the crime scene creates an untenable conflict. Legal experts weigh the high bar for such motions.

Feb 2, 2026

US

RFK Jr. on Family Ties After Tragic Loss: A Kennedy Divide Widened by Politics and Personal Grief

In an exclusive interview, Robert F. Kennedy Jr. addresses the state of his relationship with cousin Caroline Kennedy following the death of her daughter, Tatiana Schlossberg, last December. The tragedy unfolds against a backdrop of deep political rifts within America's most storied political dynasty.

Feb 2, 2026

Business

Outdated Advice: Why Your Parents' Financial Wisdom May Be Costing You Money

Well-intentioned financial guidance from previous generations often fails to account for today's economic realities. From home ownership to savings accounts, we examine the advice that hasn't aged well and what you should consider instead.

Jan 30, 2026

Business

Kirby Corporation Sees Surge in Institutional Interest as Fundamentals and Money Flows Align

Kirby Corporation (KEX), a leading tank barge operator, is attracting significant institutional capital amid strong quarterly results and optimistic guidance, with its stock rising 11% year-to-date.

Jan 30, 2026

US

Judge Orders Release of 5-Year-Old and Father from ICE Custody Amid Heated Asylum Dispute

A federal judge has ordered the release of a five-year-old boy and his father from immigration detention, sparking a public clash between Trump administration officials and Democratic lawmakers over the family's asylum status and the treatment of migrant children.

Feb 2, 2026

US

Fetterman Condemns Doxxing of ICE Agents in Fox News Interview, Warns of Family Targeting

Senator John Fetterman (D-PA) denounced activists seeking to expose the personal information of immigration enforcement personnel, calling the practice dangerous and unacceptable during a Sunday television appearance.

Feb 2, 2026

Business

Freight Brokerage Collapse Deepens: Vantage Carrier Files $1.3M Lawsuit as Industry Grapples with Fallout

The unraveling of the R&R Family of Companies is sending shockwaves through the freight industry, with a new lawsuit from Vantage Carrier alleging over $1.3 million in unpaid invoices. The case adds to a growing pile of legal claims and exposes the precarious financial exposure of carriers and small operators caught in the wake.

Jan 31, 2026

Business

Profit Isn't Everything: Three Companies Making Money But Failing to Impress Investors

Profitability alone doesn't guarantee a winning stock. We examine three firms—Chewy, RH, and Proto Labs—that are in the black but face significant headwinds that may limit their future returns, prompting investors to look elsewhere for growth.

Jan 30, 2026