Initial public offerings weren't expected to return in full force until 2024. But the relatively modest trickling back was halted with the unexpected outbreak of the Israel-Hamas war in October.
Why it matters: Companies are anxious to hit the market — and investors (and their backers) are anxious to cash out.
One of the best parts of my job as Axios' transportation correspondent is test-driving automakers' latest vehicles.
The big picture: As an automotive journalist and juror for the North American Car and Truck of the Year awards, I'm lucky enough to get to drive 50 or 60 new models a year, sometimes before they even go on sale in the U.S.
The Quaker Oats Company is recalling dozens of granola bar and cereal products for potential salmonella contamination in a new recall posted Friday.
Why it matters: The salmonella bacteria can "cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems," the company said in its recall.
That's 2.5% of existing U.S. inventory as of 2022, according to figures that Hines, a global real estate developer and investment company, shared with Axios.
Why it matters: There aren't enough homes to keep up with the increase in households.
Other estimates also put the size of the country's housing shortage in the millions.
When asked what she looks for in communications talent, Lulu Cheng Meservey says she likes the type of people who can carry a knife between their teeth.
Why it matters: Meservey is used to wartime communication strategies, and most recentlyhelped to shepherd Activision Blizzard through Microsoft's $69 billion acquisition of the gaming giant, which was widely challenged by regulators in the U.S., U.K. and EU.
