Month: February 2020

(Bloomberg) — Intelsat SA could receive as much as $4.85 billion in payments for giving up airwaves to be used for fast 5G networks, according to details of the Federal Communications Commission’s proposal for the transition released Friday.Fellow satellite provider SES SA could receive about $4 billion, according to the plan posted online by the FCC.The proposal, announced by Chairman Ajit Pai on Thursday, envisions as much as $14.9 billion in payments to satellite companies including compensation for their switching costs.Intelsat erased losses on the news, with the stock trading little changed after plunging as much as 16% earlier.It faces …read more […]

(Bloomberg) — Apple Inc.’s supply chain is feeling the strain as the coronavirus extends production outages and damps demand for the company’s products in China.Manufacturing partners have imposed quarantines on workers returning from China’s Lunar New Year holiday, prolonging the idling of Apple device assembly operations for as long as a month. While some analysts say it’s too early to fully assess the toll on the Cupertino, California-based company, pessimism is creeping into their outlooks.In late January, Apple gave a revenue forecast for the current quarter that was wider than usual, to account for the virus. But that was before …read more […]

Amid all of the speculation and irregularities of the Iowa Caucus, the Democratic Party has remained silent on a key issue: the opioid crisis. Bipartisan Policy Center Chief Medical Advisor Anand Parekh joins Yahoo Finance’s Zack Guzman and Emily McCormick on YFi PM to discuss why there’s been a lack of conversation surrounding the opioid crisis amid the 2020 race. …read more […]

The president had one of the best weeks of his administration. It doesn’t mean he’ll win in November. …read more […]

Former PIMCO CEO Douglas Hodge has been sentenced to nine months in federal prison for his role in the college admissions scandal. Hodge was found to have paid $850k to the ringleader of the scheme, William Singer, to secure admission for four of his children into colleges under the auspices of being athletic recruits. Yahoo Finance’s Zack Guzman and Emily McCormick discuss on YFi PM. …read more […]

Investors were eager to pounce on Palantir’s IPO back in 2019. But before the IPO launched, Palantir pulled back, taking investor’s hopes and dreams with it. Ever since, investors have speculated the IPO will happen in 2020. However, there may be new evidence that says differently.
Palantir is a secretive company due to its line of work. Yet, new information following the IPO pullback could shed light on the situation.
After all, if this unicorn launches an IPO, investors want to be ready. It might be a great investment opportunity. But first, what is Palantir?

Palantir IPO: What The Business Does
Palantir is an …read more […]

Hyundai is recalling nearly 430,000 small cars because water can get into the antilock brake computer, cause an electrical short and possibly an engine fire. The recall is another in a series of problems that the South Korean automaker and its related company Kia have had with engine fires during the past few years. Past problems have triggered an investigation by the U.S. National Highway Traffic Safety Administration. …read more […]

Snap Inc.’s (NYSE:SNAP): Snap Inc. operates as a camera company in the United States and internationally. The US$24b… …read more […]

Firm’s largest buys of the last two quarters Continue reading… …read more […]