Business & Tech, Featured Sweetgreen Shares Nearly Double in Market Debut Shares of Sweetgreen surged 86% in its market debut on Thursday, following an upsized IPO that priced the salad chain’s shares at $28. Sweetgreen planned to sell 12.5 million shares priced at $23-$25, according to a ... CONTINUE READING Business & Tech Electric Vehicle Maker Rivian Valued Over $100B After Largest IPO Since 2014 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 ... CONTINUE READING Business & Tech, Featured Cyberspace Law Reform Receives Bipartisan Support from Lawmakers 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 ... CONTINUE READING Snap, Inc.’s Vice President of Global Public Policy testifies at a Senate hearing about protecting kids online. “Technology companies must take responsibility to protect the communities they serve,” Stout said. (Senate Committee on Consumer Protection, Product Safety, and Data Security). Business & Tech, Featured Lawmakers Question Social Media Giants Amid Big Tech’s 'Moment of Reckoning' 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 ... CONTINUE READING

 

Appeals Court Rules Dakota Access Pipeline Can Continue Operating Without a Key Permit

Appeals Court Rules Dakota Access Pipeline Can Continue Operating Without a Key Permit

A federal appeals court  is allowing oil to continue to flow through the Dakota Access pipeline,  upheld most of a lower court ruling that said  oil can continue to flow through the pipeline, but confirmed that the U.S. Army Corps of Engineers did violate the National Environmental Policy Act in 2017 when it approved the pipeline easement without an environmental impact statement.

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VIDEO: Economic Woes Predicted for Latin America

While the global economy is expected to shrink by 4.4 percent this year, Latin American and Caribbean economies are likely to experience a GDP contraction nearly twice as high as that, according to the Western Hemisphere Economic Outlook report released last Thursday...

Google, Facebook and Twitter CEOs Confronted With Senate Subpoenas

WASHINGTON – The Senate Committee on Commerce, Science, and Transportation unanimously voted on Thursday to compel the CEOs of Google, Facebook, and Twitter to appear before the committee amid concerns over the tech giants’ monopolistic powers and legal immunity. The...

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Medill Today | Tuesday, November 16, 2021

 

 

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