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Electric Vehicle Maker Rivian Valued Over $100B After Largest IPO Since 2014

Electric Vehicle Maker Rivian Valued Over $100B After Largest IPO Since 2014

by Katherine Huggins | Nov 10, 2021 | Business & Tech

Electric vehicle maker Rivian had the largest IPO since 2014, and surpassed both Ford and General Motors in its valuation on Wednesday. Its initial public offering price was set at $78, but by market open, shares were $106.75 a piece. During its NASDAQ debut, shares...
Cyberspace Law Reform Receives Bipartisan Support from Lawmakers

Cyberspace Law Reform Receives Bipartisan Support from Lawmakers

by Zoya Mirza | Oct 28, 2021 | Business & Tech, Featured

WASHINGTON –– Cyber policy experts, tech auditors, and Congressional lawmakers from both sides of the aisle pushed for reforming cyberspace laws such as Section 230 of the Communications Decency Act, and called for transparency on data from social media platforms in a...
Lawmakers Question Social Media Giants Amid Big Tech’s ‘Moment of Reckoning’

Lawmakers Question Social Media Giants Amid Big Tech’s ‘Moment of Reckoning’

by Andrew Marquardt | Oct 26, 2021 | Business & Tech, Featured

WASHINGTON – Despite deploying similar algorithmic tools to advertise and accelerate growth to massive numbers of users – includings millions of teenagers – social media sites like Snapchat and TikTok have largely evaded the public and Congressional eye as of late....
PayPal Reportedly in $45B Bid to Buy Pinterest, Amid Roll-Out of Expanded E-Commerce Features

PayPal Reportedly in $45B Bid to Buy Pinterest, Amid Roll-Out of Expanded E-Commerce Features

by Katherine Huggins | Oct 20, 2021 | Business & Tech

PayPal made an offer to purchase digital photo sharing site Pinterest for $45 billion, Reuters reported on Wednesday, citing multiple people familiar with the matter. Reports of the acquisition caused Pinterest stock to jump 11%, while PayPal dipped by about 5%....
Small Business Owners Propose Solutions to Resolve Supply Chain Bottlenecks

Small Business Owners Propose Solutions to Resolve Supply Chain Bottlenecks

by Zoya Mirza | Oct 20, 2021 | Business & Tech, Featured

WASHINGTON –– Easing age limits on truckers’ driver’s licenses, reducing barriers on international trade, and creating incentives for retired persons to rejoin the workforce topped the solutions suggested by small business owners and government officials in a hearing...
Economists Caution Congress Ahead of Manufacturing Intervention

Economists Caution Congress Ahead of Manufacturing Intervention

by Ariel Gans | Oct 14, 2021 | Business & Tech

WASHINGTON — Workers and consumers alike are experiencing supply chain issues, but economic experts and industry professionals warned Congress to tread carefully at a House Committee on Energy and Commerce hearing Thursday. Over a year and a half into the COVID-19...
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About Medill Washington

The stories here were reported, written and produced by Northwestern University graduate journalism students in the Washington program of the Medill School of Journalism, Media, Integrated Marketing Communications . Most also were published or broadcast by media organizations served by the school's unique news distribution plan. We specialize in enterprise reporting, multimedia and online journalism, as well as on accountability, working to uncover misbehavior by people in power.
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