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Synthetic Biology Company Zymergen Plunges 68% After Saying Product Revenue Will Be 'Immaterial' in 2022, Removing CEO – NBC Connecticut

By Ari Levy, CNBC • Updated on August 3, 2021 at 8:15 pm Mark Neuling | CNBC Zymergen went public at $31 a share in April and traded as high as $48.50, valuing the company at $4.8 billion. The stock sank to $11.07 after hours on Tuesday, leaving its market cap at just over $1 billion. The company has yet to start generating product sales and said it now expects revenue from its products to be "immaterial" through 2022. A little more than three months after pricing its IPO at the t...
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More Than a Threat: China Collects Americans' DNA

More Than a Threat: China Collects Americans’ DNA Commentary In the past few years, the United States has come to the realization and consensus that China, with its ambition to achieve global domination and its complete disregard for ethics and humanity, has become the number one threat to the United States and the rest of the free world. Espionage by China has long been a known threat, and each day the world learns a little bit more about the extensive reach of China’s information theft in...
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Industry Pioneer Jay Flatley Named as Chairman of Zymergen Board of Directors

Industry Pioneer Jay Flatley Named as Chairman of Zymergen Board of Directors Brings decades of leadership in high-growth biotechnology and sciences companies News provided by Share this article Jay Flatley as the Chairman of the Board of Directors, effective immediately. Jay has served as lead Independent Director on Zymergens board since late 2019. "Over the last 8 years, weve built a powerful biofacturing platform and excellent customer relationships in our key verticals," said Zymergen CEO,...
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Boris Johnson faces Commons showdown on 'rampant' lobbying abuses

Advertisement Britains top mandarin has warned high-level Whitehall officials should not have second jobs because it threatens the integrity and impartiality of the civil service as he ordered a crackdown on mandarins with problematic external paid roles amid the David Cameron lobbying scandal. Cabinet Secretary Simon Case, formerly private secretary to the Duke of Cambridge, yesterday ordered the heads of all government departments to search their ranks for civil servants taking money for a se...
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One of David Cameron's top civil servants was allowed to work for Greensill while in Whitehall

Bill Crothers was Government procurement head while a Greensill board adviser When he quit to work for the lender full-time he did not have to ask for approval He later received shares that could have been worth more than £5million   It comes as the lobbying scandal around David Cameron continues to grow  A photo of the former PMs trip to Saudi Arabia with Lex Greensill was released 
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CNBC Closing Bell With Maria Bartiromo March 6, 2012

opportunity? chairman of home depot will weigh in. joining me momentarily. take a look at how we finished the day on wall street tonight. the dow jones industrial average down on the session, off of the worst levels of the session, down 204 points. nasdaq composite chalking up a 40-point decline, at 2910. the s&p 500, due to the weakness in financials, technology, down 21 points. lets get more on the sell-off today. mary thompson? >> thank you very much, maria. there are a few places t...
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