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SpaceX appeals U.S. FCC rejection of rural broadband subsidies

SpaceX appeals U.S. FCC rejection of rural broadband subsidies

© Reuters. An exterior of the SpaceX headquarters in Hawthorne, California May 29, 2014. REUTERS/Mario Anzuoni By Joey Roulette WASHINGTON (Reuters) -SpaceX on Friday challenged the U.S. Federal Communications Commission’s (FCC) decision to deny the space company’s satellite internet unit $885.5 million in rural broadband subsidies, calling the move “flawed” and “grossly unfair,” in a…

Argentina’s inflation rate expected to hit 95% this year

Argentina’s inflation rate expected to hit 95% this year

© Reuters. FILE PHOTO: Pedestrians pass by Argentina’s Banco Central (Central Bank) in Buenos Aires’ financial district, Argentina, January 8, 2018. REUTERS/Agustin Marcarian/File Photo BUENOS AIRES (Reuters) – Economists hiked their estimate for annual inflation in Argentina this year to 95%, a monthly poll published Friday by the central bank showed, as the country struggles…

Stocks jump as growth shares lead; 2-year U.S. yields hit 14-year highs

Stocks jump as growth shares lead; 2-year U.S. yields hit 14-year highs

© Reuters. A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying graphs (top) of Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon/File Photo By Caroline Valetkevitch NEW YORK (Reuters) – Global stocks rallied on Friday, led by technology and growth shares,…