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In states like California, Florida and Kentucky, confirmed cases of COVID-19 are increasing each day. Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak to Neil de Crescenzo, Change Healthcare CEO about COVID-19 testing, future of technology in healthcare and much more. ...
Ford has officially rolled out a racing version of its new electric vehicle the Mach-E. Yahoo Finance's Brian Sozzi and Alexis Christoforous discuss with Autoblog Editor-in-Chief Greg Migliore. ...
India's top gas importer, Petronet LNG, has renewed its initial deal to consider investing $2.5 billion in U.S. liquefied natural gas (LNG) developer Tellurian Inc's Driftwood project, Indian sources familiar with the matter said. Petronet and Tellurian now have time until the end of December to finalize the deal, they said. A memorandum of understanding that lapsed on May 31 was renewed last week ahead of a virtual meeting between Indian oil minister Dharmendra Pradhan and U.S. Energy Secretary Dan Brouillette....
German biotech company BioNTech said on Tuesday it plans to raise cash in a share sale that will see its coronavirus vaccine partner Pfizer Inc become a shareholder. The rights offering announcement is the latest in a flurry of financing activity this week around German biotech companies that are racing to develop potential vaccines against the novel coronavirus. Shares in BioNTech, whose market capitalisation stands at $21 billion, surged 7% to $94.47 by 1400 GMT....
Gold mining royalty firm Franco-Nevada extended Monday's breakout. Gold prices hitting long-term highs while silver prices soaring. Not exactly a hedge vs. weak market....
(Bloomberg) -- Large, venture-backed businesses that haven’t gone public yet be advised: by the end of Tuesday billionaire investor Bill Ackman could have as much as $4 billion in his back pocket ready to put toward a bumper acquisition.Ackman’s blank-check company -- the latest in a slew of special purpose acquisition companies that have hit the market in recent months -- is offering 200 million units at $20 apiece, after earlier filing to sell 150 million units. Pershing Square Tontine Holdings Ltd., backed by Ackman’s Pershing Square Capital Management, will stop taking investor orders for its initial public offering on Tuesday and begin trading Wednesday on the New York Stock Exchange.Funds associated with Ackman’s investment firm have committed to deploy as much as $3 billion more to the vehicle, bringing the total funding as high as $7 billion, according to filings with the U.S. Securities and Exchange Commission.Listings by SPACs have...
