President Trump has tapped a climate skeptic to help run the federal agency charged with overseeing the government’s research on climate change. David Legates, a professor of climatology at the University of Delaware and a member of the Heartland Institute, a conservative think tank that denies climate change represents a serious threat to the world, […]
Investors are hoping to catch some Snowflake shares amid IPO buzz. AFP/Getty Images Snowflake Inc. is projected to produce the biggest initial public offering for a U.S. software company in history this week, and that may not even be the most astounding feature of its first share sale. Snowflake SNOW has convinced one of the […]
Snowflake Inc. produced a hot start to the busiest week for initial public offerings in more than a year. Snowflake SNOW, +2.05% priced its IPO at $120 a share Tuesday night, which means it will raise at least $3.86 billion in the offering, and likely more than $4 billion. The company will sell 28 million […]
China’s ByteDance Ltd. would retain a majority ownership stake in its TikTok app unit as part of a proposal being reviewed by national-security regulators, with an eye toward settling the high-profile deal by a deadline Sunday, according to a person familiar with the situation. The Committee on Foreign Investment in the U.S., known as Cfius, […]
A special committee hired by Eastman Kodak Co.’s board found several governance concerns at the company regarding the announcement of a planned $765 million loan from the U.S. government, but said none of them violated the law. The release of the review’s findings comes roughly a month after the special committee retained the law firm Akin […]
ViacomCBS Inc. said it plans to launch an expanded version of its flagship streaming service early next year, leveraging the catalog of programs created by last year’s merger of Viacom and CBS. Now known as CBS All Access, the service will be rebranded Paramount+, after ViacomCBS’s Paramount movie studio. It will relaunch with a slate […]
As students nationwide kick off fall classes in a new virtual environment, one Black seventh grader in Colorado is waiting to find out if he will attend school again this fall at all. What started off as a normal day of virtual learning ended with the police being called on the 12-year-old boy because he […]
Scientific American on Tuesday endorsed Joe Biden, the first presidential endorsement in the magazine’s 175-year history. Its editors said they felt “compelled” to do so because President Trump’s well-documented rejection of science, from climate change to the coronavirus, has cost tens of thousands of American lives. “The pandemic would strain any nation and system,” the […]