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Illustration: Aïda Amer/Axios

Airbnb on Tuesday announced that it plans to list its shares on the Nasdaq, but didn't provide any additional information about its upcoming IPO.

Timing: The hospitality giant continues to target a 2020 offering, as its long-term rental and domestic business have helped offset some pandemic-related slowdowns.

Go deeper

Dec 1, 2020 - Podcasts

Nasdaq exec Jeff Thomas on new diversity rules for listed companies

The Nasdaq today said it will ask federal securities regulators to approve new rules that would require its listed companies to regularly report on the demographic diversity of their boards, and also comply with board diversity requirements.

Axios Re:Cap goes deeper with Jeff Thomas, Nasdaq's senior VP of corporate services, to learn why Nasdaq is enacting this policy, the internal discussions that led to it and what happens to companies that don't comply.

10 mins ago - Health

U.S. exceeds 100,000 COVID-related hospitalizations for the first time

People wait outside the Emergency room of the Garfield Medical Center in Monterey Park, California on Dec 1. Photo: Frederic J. Brown/Getty Images

More than 100,200 Americans were hospitalized as of Wednesday due to the coronavirus for the first time since the outbreak began in early 2020, per the COVID Tracking Project.

The big picture: The milestone comes as health officials anticipated cases to surge due to holiday travel and gatherings. The impact of the holiday remains notable, as many states across the country are only reporting partial data.

4 hours ago - Science

The "war on nature"

A resident stands on his roof as the Blue Ridge Fire burned back in October in Chino Hills, Calif. Photo: Jae C. Hong/AP

Apocalyptic weather is the new normal because humans are "waging war on nature," the UN declared on Wednesday.

What they're saying: "The state of the planet is broken," said UN Secretary-General António Guterres, reports AP. “This is suicidal.”