Investing

• Space startup Momentus provides 'last mile delivery' for satellites launched on any rocket

  Space startup Momentus has so far struck $40 million worth of customer contracts this year,

• Amazon's AWS establishes new aerospace cloud unit as Jeff Bezos increases bets on outer space

  Amazon Web Services, the cloud-computing branch of the e-commerce giant, is further expanding its services in the growing space industry.

• Wells Fargo says it expects to cut dividend in the third quarter to comply with Fed stress test

  The bank said it will likely announce a lower dividend on July 14 when it releases quarterly earnings.

• JPMorgan, Bank of America, Citi and Goldman maintain dividends post-stress tests, Wells Fargo to cut

  Goldman, Bank of America, Morgan Stanley, and Citigroup all said they will maintain their dividend. Wells Fargo, however, said it will cut.

• Hidden wine cave, $110 million parking bill: Energy collapse wasn't only thing that sank Chesapeake

  The fracking giant's bankruptcy filing followed an accounting mess at the company that included no budgets, a massive wine collection and a nine-figure bill for parking garages.