They're becoming more everyday vehicles for IPOs: JMP Securities CEO on IPOs

JMP Securities CEO Mark Lehmann joined Yahoo Finance Live to break down if there are underlying risks of investing in a SPAC and what investors should look for.

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  • AP Interview: Advisor says New Zealand used virus luck well

    A scientist who has played a key role in New Zealand's lauded coronavirus response says the nation used it's luck well to stamp out the disease and is now eyeing the experiences of other countries to determine when it can reopen its borders. Juliet Gerrard is the chief science advisor to Prime Minister Jacinda Ardern. Ardern this month appointed Gerrard to a second three-year term, saying she plays an "invaluable role."

  • First-gen Oculus Quests will also get wireless PC VR gaming via Air Link

    The original Oculus Quest is getting Air Link.

  • Asian shares mixed in quiet trading ahead of US Fed decision

    Asian shares were mixed in quiet trading Wednesday ahead of a U.S. Federal Reserve meeting that may give clues on what lies ahead with its massive support for markets. The Fed has so far said that it sees higher inflation as temporary.

  • China says nuclear fuel rods damaged, no radiation leak

    A Chinese nuclear power plant near Hong Kong had five broken fuel rods in a reactor but no radioactivity leaked, the government said Wednesday in its first confirmation of the incident that prompted concern over the facility’s safety. Radiation rose inside the No. 1 reactor of the Taishan Nuclear Power Plant in Guangdong province but was contained by barriers that functioned as planned, the Ministry of Ecology and Environment said on its social media account. The Hong Kong government said it was watching the plant and asking officials in Guangdong for details after its French co-owner on Monday reported increased “noble gases” in the reactor.

  • Spain hopes to jumpstart electric car industry with EU funds

    Daniel Sánchez is one of the luckier electric car owners in Spain. With a free recharging station less than a kilometer from his home just north of Barcelona, he can keep his Tesla ready to roll. The dearth of places to plug in, compared to western and northern Europe, and the price of electric cars have left Spain lagging as the continent races to get greener.

  • N Korea's Kim looks much thinner, causing health speculation

    The health of North Korean leader Kim Jong Un has long been a source of morbid fascination in rival South Korea, which sits in the shadow of Kim's 1.2-million-strong army and his growing arsenal of nuclear-armed missiles. Kim’s health matters in Seoul, Washington, Tokyo and other world capitals because he hasn’t publicly anointed a successor who would control an advancing nuclear program targeting the United States and its allies — if he is incapacitated. Kim's apparent weight loss is more likely an attempt to improve his health, rather than a sign of illness, according to Hong Min, a senior analyst at Seoul’s Korea Institute for National Unification.

  • Lebanon's crisis threatens one of its few unifiers, the army

    Since the civil war, through wars with Israel, militant bombings and domestic turmoil, Lebanese have considered their military as an anchor for stability, one of the only institutions standing above the country’s divisions. The deterioration puts at risk one of the few forces unifying Lebanon at a time when sectarian tensions and crime are on the rise amid the population’s deepening poverty. “Such a decline could be harbinger of the kinds of instability not seen since the last time Lebanon’s political elites gutted or set adrift the Lebanese armed forces, namely in the five years leading up to the 1975-1990 civil war,” said Aram Nerguizian, senior advisor of the Program on Civil-Military Affairs in Arab States at the Carnegie Middle East Center.

  • Magnussen content in sports cars and not looking back at F1

    Kevin Magnussen had gone eight years without a win when he lost his Formula One seat at Haas at the end of last season. “If I had a Mercedes or a Red Bull I wouldn't say no. I don't think many racing drivers would, but that's not going to happen," Magnussen said. The effort to launch a new, factory-backed Cadillac program was intense and Ganassi, who famously boasts “I like winners” every time one of his drivers gets a victory, picked Magnussen as co-driver with series veteran Renger van der Zande.

  • Woes mount for legal loyalists who pushed Trump’s election conspiracies

    Crew of lawyers including L Lin Wood and Sidney Powell battling federal inquiries and defamation suits that threaten their careers L Lin Wood at a post-election press conference in Georgia in December. Wood is battling a Georgia state bar request for him to take a confidential mental competency exam. Photograph: Ben Gray/AP A crew of conservative lawyers still pushing disinformation that echoes Donald Trump’s false claim that the election was rigged are now battling federal inquiries, defamation

  • Ex-St Louis officer’s conviction points up revolving door for disgraced police

    Ellis Brown III, who was found guilty of beating a restrained and prostrate suspect, had been forced out of a neighbouring force Officers with poor records are shuffled between small police forces in the St Louis area as municipalities with tight budgets overlook histories of misconduct. Photograph: Florian Meissner / EyeEm/Getty Images/EyeEm A former St Louis police officer with a track record of violence, including the killing of a mentally disturbed Black man that was condemned as amounting t

  • From hacking to Havana Syndrome: 5 top issues facing the U.S.-Russia relationship

    President Joe Biden will likely discuss, hacking, the imprisonment of Russia opposition like Alexei Navalny, Russia's support of Belarus and cases of "Havana Syndrome."

  • Russell Crowe plans coastal Australian film studio

    Hollywood actor Russell Crowe announced plans on Wednesday to build a film studio on Australia's east coast, amid a rush of movie productions Down Under.

  • China offers glimpse of Tibetan life without the Dalai Lama

    A brisk wind ruffles yellow prayer flags as dozens of Tibetans, some on crutches, circle a shrine in a time-honored Buddhist ritual. Across the street, a red banner spells out a new belief system, one being enforced with increasing fervor, of China's ruling Communist Party. “Xi Jinping’s new socialist ideology with Chinese characteristics is the guide for the whole party and all nationalities to fight for the great rejuvenation of China,” the sign proclaims in Tibetan and Chinese script, referring to China's leader, who has sought to put his imprint on virtually every aspect of life across the vast county.

  • Covid, conflict and debt hinder Ethiopia's economic reforms

    Shortly after taking office, Prime Minister Abiy Ahmed promised a spectacular overhaul of Ethiopia's tightly-controlled economy: reforms to spur growth, unshackle the country's potential, and lift millions out of poverty.

  • The Latest: India's Taj Mahal reopens as new infections slow

    India is reopening its famed marvel of love, the Taj Mahal, and several other monuments as the number of new coronavirus infections continues to decline. District Magistrate Prabhu Narain Singh said 650 tourists with online bookings will be allowed a day to visit the white marble Taj Mahal from Wednesday. Temperatures will be checked at the gates, face masks must be worn and social distancing norms must be observed.

  • Making hot sauce and working to save wetlands

    As storms grow more violent and Louisiana loses more of its coast, the family that makes Tabasco Sauce is fighting erosion in the marshland that buffers its factory from hurricanes and floods. Overall, the effort is probably a standoff, says CEO and president Harold “Took” Osborn, great-great-grandson of the McIlhenny Co.’s founder. The company has been brewing Tabasco Sauce since 1868 on Avery Island — the tip of a miles-deep column of salt — and now fills up to 700,000 bottles a day, selling them in 195 countries and territories.

  • For years US Army hid, downplayed extent of firearms loss

    The U.S. Army has hidden or downplayed the extent to which its firearms disappear, significantly understating losses and thefts even as some weapons are used in street crimes. The Army’s pattern of secrecy and suppression dates back nearly a decade, when The Associated Press began investigating weapons accountability within the military. Officials fought the release of information for years, then offered misleading answers that contradict internal records.

  • California's virus reopening met with cheers and caution

    Cable car bells clanged, Minions danced and restaurant patrons sipped their drinks indoors on a scorching day as California fully reopened its economy after 15 months of coronavirus restrictions. From the wine country to Disneyland, restaurants and other businesses threw open their doors wide on Tuesday and many allowed fully vaccinated customers to throw away their masks as the state ended its color-coded COVID-19 restriction tiers amid a plunge in infections and rising vaccination rates.

  • Report: Trump Organization CFO could face charges as soon as this summer

    Report: Trump Organization CFO could face charges as soon as this summer

  • Juneteenth: What is the historically important day and how did it start?

    Thousands of enslaved people in Texas were ordered free two years after Emancipation Proclamation