Author: Vitaliy Dadalyan

President to Get More Remdesivir Doses on Sunday: Trump Update

(Bloomberg) -- President Donald Trump will receive more doses of Remdesivir on Sunday as he enters a third day in hospital, with his physician saying he has made “substantial progress” but still isn’t “out of the woods.”Trump completed a second dose of Remdesivir on Saturday and remained fever free, his doctor Sean Conley said in a Saturday evening update. He’s expected to conduct his presidential duties while being monitored by Conley.“While not yet out of the woods, the team remains cautiously optimistic,” Conley said in a statement.White House Chief of Staff Mark Meadows said in an interview on Fox News that Trump is “is doing really well now,” but suffered from a fever and reduced blood-oxygen saturation on Friday. “We were concerned with that,” he said. “He had a fever, and his blood oxygen level had dropped rapidly.”Chris Christie, the former New Jersey governor who helped Trump prepare for Tuesday’s presidential...

Palantir’s Long-Awaited Public Debut Frustrates Some Investors

(Bloomberg) -- A listing date that moved twice, a company known for parsing data that couldn’t find some of its own shareholders, and a complicated twist on an already unfamiliar route to market. Palantir Technologies Inc.’s direct listing had everything –- and left some shareholders wondering whether the 17-year-old company was really ready to go public.Palantir started trading Wednesday, choosing to run a seldom-tested direct listing process instead of a traditional initial public offering. The stock closed Friday at $9.20, below the $10 per share it opened at on the New York Stock Exchange, giving the company a market valuation of $15.2 billion.On a fully diluted basis, including all classes of shares and employee stock options, Palantir is valued at $20.2 billion.Just days into the secretive big data firm’s journey as a public company, some shareholders have privately expressed frustration about the process, with accusations of technical glitches, misplaced records and...