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Welcome to Wokespeak: Its Logic-Defying Rhetoric Is Making Heads Spin

Welcome to Wokespeak: Its Logic-Defying Rhetoric Is Making Heads Spin
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

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Bioplastics Company Danimer Scientific Goes Public Via SPAC

Image: Danimer Scientific
By merging with a special purpose acquisition company (SPAC) to go public, Danimer Scientific gains accelerated access to the capital it needs to increase production of its signature polymer, Nodax PHA.
Meredian Holdings Group Inc., doing business as bioplastics company Danimer Scientific, and Danimer Scientific Inc., formerly known as Live Oak Acquisition Corp., announced on Dec. 29 that they have completed their previously announced business combination. The transaction was unanimously approved by the board of directors of Live Oak and at a special meeting of Live Oak stockholders on Dec. 28. Live Oak changed its name to Danimer Scientific Inc. and began trading under the ticker symbol DNMR on the New York Stock Exchange on Dec. 30. Danimer is focused on the development and production of biodegradable materials. ....

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Pricey stocks may yet head higher as K-shaped economy maintains its grip on U.S.

Pricey stocks may yet head higher as uneven economic recovery maintains grip on U.S.
David J. Lynch
© Michael Nagle/Bloomberg
A trader passes the front of the New York Stock Exchange on Dec. 9, 2020. (Michael Nagle/Bloomberg News)
It takes more than mass death and suffering to throw Wall Street off stride.
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The coronavirus may be killing 3,000 Americans each day while lawmakers bicker over how to help the wounded U.S. economy. Yet stock prices keep powering higher. By one measure, shares are more expensive relative to earnings than they were on the eve of the 1929 crash.
Three U.S. stock markets hit all-time highs this month, and the value of all global shares for the first time topped $100 trillion as investors bet on a post-pandemic return to normal in 2021. The stock price of rental marketplace Airbnb more than doubled Thursday, even as the Labor Department said nearly 1 million more Americans had applied ....

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