"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.
Senate Minority Leader Mitch McConnell said Democrats should separate a bipartisan infrastructure plan from their broader bill, threatening passage of both.
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.
"Failure to replace the waterproofing in the near future will cause the extent of the concrete deterioration to expand exponentially," the report said.
Depending on where you live, converting a portion of your property into a garage apartment or granny flat could be savvy money move during the housing boom.
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