Major US Solar Company Files for Bankruptcy Protection
Sunnova Energy International Inc., one of the biggest solar companies in the United States, filed for Chapter 11 relief to facilitate a sale process for some of the business's assets and operations, according to a June 9
Founded in 2012, Houston-based
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Tom's Guide
41 minutes ago
- Tom's Guide
Times running out to snag one of Dodo's excellent 12-month NBN deals – get cheaper internet from AU$54p/m
Searching for a better deal on your NBN plan this EOFY? Meet Dodo. Dodo is an Aussie-based internet, mobile and energy provider. It operates via the Vocus Network, piggybacking off its infrastructure to supply internet services. The network also supplies fibre for other telcos, like iPrimus and Tangerine. But there's one thing this flightless bird knows that sets it apart from the flock — and that's a damn good discount. Right now, Dodo has a long-running NBN promo that'll save you AU$180 off your first 12 months. These egg-cellent discounts have been in motion for some time now, as we first noticed them during the extravaganza that was Black Friday 2024 — almost 8 months ago — but their time is finally running out. Luckily for you, this offer has been graciously extended until June 24, 2025. We anticipate that these deals will truly go extinct after that date, so you'll need to act fast to maximise your savings. We've rounded up the best four Dodo plans on offer right now, ranging from 50Mbps to 250Mbps connections. All Dodo plans come with unlimited data, no lock-in contracts, and you can add a modem for as little as AU$8.90p/m (or AU$99.90 upfront). Dodo | NBN 25 | AU$53.90p/m (for 12 months, then AU$68.90p/m) Dodo's cheapest NBN deal falls to its 25Mbps plan, which is now just AU$53.90p/m for the first 12 months. This plan is great for single-person households, or even seniors wanting a little more from their NBN 12 connection. Do note, though, this plan is better suited for light internet usage, so if you're worried about exceeding your downloads, you may want to consider the NBN 50 plan below. Total minimum cost: AU$53.90 | Total first year cost: AU$646.80 | Yearly cost after discount: AU$826.80 Dodo | NBN 50 | AU$68.90p/m (for 12 months, then AU$83.90p/m) Advertising 50Mbps during the typical evening hours, this discount will knock AU$15 off the first 12 months — that's AU$180 — before the price increases. Given that this is the most popular NBN speed tier, this plan is likely just right for you, provided you don't want a seriously fast internet connection Honestly, we don't think it's the best bargain in the long run. After the first year, Dodo's NBN 100 plan costs AU$5p/m more (AU$60 per year) but has double the speeds. Of course, it's up to you, but if you're itching for a faster plan, Dodo's NBN 100 deal is one to consider instead. Total minimum cost: AU$68.90 | Total first year cost: AU$826.80 | Yearly cost after discount: AU$1,006.80 Dodo | NBN 100 | AU$73.90p/m (for 12 months, then AU$88.90p/m) Dodo currently offers one of the most attractive NBN 100 plans. However, there is a very minor catch. Dodo's NBN 100 plan is only available for customers with FTTC, FTTP and HFC connection types. Other providers offering NBN 100 plans are available to all, including FTTN connections. That said, this introductory offer slashes a mammoth AU$180 off the first year, which is a pretty stellar saving on any NBN plan if you ask us. Even once the price increases, you'll still spend less than the average NBN 100 cost, which is AU$92.01p/m. Total minimum cost: AU$73.90 | Total first year cost: AU$886.80 | Yearly cost after discount: AU$1,066.80 Dodo | NBN 250 | AU$83.90p/m (for 12 months, then AU$98.90p/m) Dodo's Superfast plan savings do come in at AU$180 for the first 12 months, which is no surprise here. But what's mighty impressive about this offer is that its ongoing rate is well under the average of AU$105.66 for the tier. And it only costs AU$1,186.80 per ongoing year after the discount ends. We find this fee to be relatively modest, especially when compared to competitors' exorbitant costs, like Telstra's AU$1,560 or Optus' AU$1,428 yearly rates. Like other 250Mbps plans, Dodo's deal is only available for customers with FTTP and HFC addresses. Total minimum cost: AU$83.90 | Total first year cost: AU$1,006.80 | Yearly cost after discount: AU$1,186.80 If these deals don't tweak your beak, you can check out Dodo's top-rated NBN plans in the widget below.
Yahoo
an hour ago
- Yahoo
Private market push in focus as BlackRock hosts investor day
By Davide Barbuscia NEW YORK (Reuters) -BlackRock will hold an investor day on Thursday that is expected to provide insight into the asset management firm's strategic priorities and its growing focus on private markets. The world's largest asset manager, overseeing $11.58 trillion as of the end of the first quarter, last year expanded its presence in private markets through a series of acquisitions that BlackRock's boss Larry Fink said were transformational for the New York-based firm. BlackRock spent about $25 billion in 2024 on infrastructure investment fund Global Infrastructure Partners and private credit business HPS Investment Partners. It also struck a $3.2 billion deal to acquire UK data provider Preqin. That acquisition officially closed in March this year. "I think investors are going to want more granular details and more color on BlackRock's strategy to increase exposure to alternative assets," said Cathy Seifert, an analyst at CFRA Research who covers BlackRock. BlackRock declined to comment on the focus of its investor day. Private assets generate significantly higher fees than exchange-traded funds (ETFs), a core part of BlackRock's business through its iShares franchise. In his 2025 annual chairman's letter to shareholders, BlackRock's Chairman and CEO Fink said protectionism had returned with force as a result of a wealth divide that could be countered by offering more investors access to high-return private markets such as infrastructure and private credit. Ben Budish, an analyst at Barclays, said he expected updates from the company on potentially creating indexes based on private markets after the acquisition of private markets data provider Preqin. "Looking at what BlackRock did with iShares and ETFs, is there a way to do that with private markets? … I'm sure there's more details to come on that," he said. Private credit, where non-bank institutions lend to companies, has experienced significant growth in recent years due to stricter regulations that have increased the cost for traditional banks to fund higher-risk loans. But broader market volatility caused by U.S. President Donald Trump's aggressive stance on tariffs has led to slower dealmaking in private markets in general, raising some concerns there may be a mismatch between money available for private lending and not enough places to invest it. Investors may also look for any signs regarding succession at the firm. Fink, 72, has led BlackRock since co-founding it in 1988. A recent wave of senior executive departures has reignited speculation about his eventual successor, even as Fink has signaled no immediate plan to step down. "The firm would do itself a favor by highlighting the depth and breadth of their management bench, particularly since the company's business model is expanding and potentially becoming more complex," said Seifert.
New York Post
an hour ago
- New York Post
Silver Airways shutting down operations, leaving passengers stranded at Florida airports
Regional carrier Silver Airways announced Wednesday it is shutting down operations after a failed attempt at restructuring through bankruptcy, leaving some passengers stranded at airports in Florida, the Bahamas and the Caribbean. 'Please do not go to the airport,' the Hollywood, Florida-based company posted on its website. The statement said Silver had sold its assets through the Chapter 11 bankruptcy proceeding to a holding company that 'unfortunately has determined to not continue Silver's flight operations' that served five Florida cities and 11 island destinations. Advertisement A general view of a Silver Airways airplane as seen at Tampa International Airport in Tampa, FL on Aug. 29, 2024. Christopher Sadowski Passengers can seek refunds through their credit card issuer or travel agency, the Silver statement said. Silver's fleet had been reduced to just eight ATR turboprop planes and its workforce cut from 608 to 348 pilots, flight attendants and ground workers, according to the company. Advertisement Silver Airways announced Wednesday it is shutting down operations after a failed attempt at restructuring through bankruptcy, leaving some passengers stranded at airports in Florida, the Bahamas, and the Caribbean. Silver Airways An email to employees from Silver's CEO said most of those jobs will be eliminated. Silver Airways began operations in 2011 and once served 28 destinations. A subsidiary based in Puerto Rico, Seaborne Airlines, will continue to operate in the Caribbean.
