"The reason that we picked a SPAC is because it's a transaction as opposed to a process" like an IPO, co-founder and CEO Peter Weinberg told CNBC on Monday.
Shares of Electric Last Mile began trading Monday on the Nasdaq, adding to a growing list of speculative SPAC-backed electric-vehicle start-up companies.
High earners in high tax states cheered the news that relief from the state and local tax cap was being considered, but income thresholds will limit its scope.
"We're always going to have some level of spread," the former FDA chief told CNBC on Monday. "We're not going to try to get this down to zero cases a day."
Mixing and matching Covid vaccines made by Pfizer-BioNTech and AstraZeneca-Oxford generates a "robust" immune response, a study led by Oxford University found.
Porsche is one of the most legendary names in sports cars. Purists were skeptical about its move toward SUVs, but it proved successful. Can it repeat with EVs?
The more the virus spreads, the greater the risk of new Covid variants that can evade current vaccine protection, says Vanderbilt professor William Schaffner.
"Failure to replace the waterproofing in the near future will cause the extent of the concrete deterioration to expand exponentially," the report said.