Biden’s Electric Car Plans Hinge on Having Enough Chargers

The United States has about 100,000 public chargers, far fewer than Europe and China. It needs 10 times as many, auto experts say, to complete the switch from combustion engine vehicles.

#american-jobs-plan-2021, #automobile-service-and-charging-stations, #automobiles, #batteries, #chargepoint-inc, #electric-and-hybrid-vehicles, #electric-light-and-power, #electrify-america-llc, #evbox-bv, #evgo-services-llc, #infrastructure-public-works, #mergers-acquisitions-and-divestitures, #oil-petroleum-and-gasoline, #private-equity, #special-purpose-acquisition-companies-spac, #stocks-and-bonds, #tesla-motors-inc, #tpg-capital, #venture-capital, #volkswagen-ag, #volta-industries-inc

A Skeptical Stock Analyst Wins Big by Seeking Out Frauds

The activist short-seller behind Hindenburg Research has become known for research that sends companies’ stock sinking. He says he’s not in it just to move share prices.

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BuzzFeed Is Going Public. Now What for Vox Media, Group Nine and Vice?

The digital media companies that once seemed to have a lock on the future are making plans to get bigger and pay back their investors.

#buzzfeed-inc, #computers-and-the-internet, #group-nine-media-inc, #initial-public-offerings, #mergers-acquisitions-and-divestitures, #news-and-news-media, #special-purpose-acquisition-companies-spac, #vice-media-inc, #vox-media-inc

Behind the Lordstown Debacle, the Hand of a Wall Street Dealmaker

A longtime real estate investor and former Goldman Sachs executive decided to take an electric truck company public. Chaos ensued.

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BuzzFeed Closes In on Deal to Go Public

The digital publisher is said to be on the verge of announcing a SPAC merger that would take the company public.

#buzzfeed-inc, #mergers-acquisitions-and-divestitures, #news-and-news-media, #peretti-jonah-h, #special-purpose-acquisition-companies-spac

No End to Whiplash in Meme Stocks, Crypto and More

With the pandemic starting to ease in the United States, many had expected a year of wild investments to slow. It hasn’t. Yet.

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Bill Ackman’s SPAC is close to a deal valuing Universal Music at $40 billion.

It would be the largest special purpose acquisition company transaction to date.

#ackman-william-a, #mergers-acquisitions-and-divestitures, #pop-and-rock-music, #special-purpose-acquisition-companies-spac, #universal-music-group

Lordstown Motors Shares Plunge as Investors See Problems

Lordstown Motors said it would start producing and selling electric pickup trucks this year, but there is little evidence it is ready to do so. Its stock has tumbled from a high of about $30 last year to around $8.

#automobiles, #burns-steve-automotive-executive, #electric-and-hybrid-vehicles, #factories-and-manufacturing, #general-motors, #lordstown-ohio, #lordstown-motors-corp, #special-purpose-acquisition-companies-spac, #sports-utility-vehicles-and-light-trucks

Help Wanted: Someone With Money and Connections

SPACs have taken off during the pandemic, and they’re looking for directors who can help find a company to merge with.

#appointments-and-executive-changes, #content-type-service, #mergers-acquisitions-and-divestitures, #securities-and-exchange-commission, #special-purpose-acquisition-companies-spac

D.C. Gives Tech Giants an Earful

Lawmakers in D.C. delivered a one-two punch.

#antitrust-laws-and-competition-issues, #apple-inc, #google-inc, #marseille-soccer-team, #mccourt-frank-h-jr, #soccer, #special-purpose-acquisition-companies-spac

Gary Gensler, Wall Street’s New Watchdog, Has a Full Plate

Gary Gensler, the new S.E.C. chairman, wants to improve corporate disclosure and regulate digital assets better. But a lot awaits him already.

#archegos-capital-management-llc, #banking-and-financial-institutions, #biden-joseph-r-jr, #center-for-american-progress, #coinbase-inc, #derivatives-financial-instruments, #gensler-gary-s, #ripple-labs-inc, #securities-and-exchange-commission, #special-purpose-acquisition-companies-spac, #stocks-and-bonds, #united-states-politics-and-government, #virtual-currency

How Can the City of London Survive Brexit?

Other European cities are eating away at Britain’s edge in financial services. The government is trying to find ways to keep it.

#banking-and-financial-institutions, #deliveroo-roofoods-ltd, #economic-conditions-and-trends, #great-britain, #great-britain-withdrawal-from-eu-brexit, #hill-jonathan-hopkin-1960, #initial-public-offerings, #international-trade-and-world-market, #london-england, #london-stock-exchange, #special-purpose-acquisition-companies-spac, #stocks-and-bonds