The most significant stock market story of 2021 isn’t the one about Robinhood and Reddit; it’s the story of SPACs — those blank-check acquisition companies that are multiplying like Gremlins after a midnight snack.
Axios Re:Cap talks with Victoria Grace, CEO of a $300 million SPAC called Queen's Gambit Growth Capital, about how SPACs work, why there are so many and whether the trend is a bubble.
Former President Trump’s second impeachment trial began yesterday with senators voting that the trial is constitutional and can proceed. What clues does Tuesday give us for the rest of the trial?
Plus, 33 states are proposing stricter voting restrictions.
And, the United Arab Emirates joins the Mars Club with a mission that's hopeful for all Arab nations.
Randi Weingarten, president of America's second-largest teachers union, told the Axios Re:Cap podcast that she "was wrong" to say in September she'd support requiring in-school teachers to take a COVID-19 vaccine once readily available.
What she's saying: Weingarten now says that while she thinks teachers should take the vaccine she believes too many people have been scared off by misinformation.
Three-quarters of America’s K-12 public schools are either closed or partially closed right now. Even if the White House manages to open up the vaccine bottlenecks and get a new economic stimulus passed with money for in-school COVID-19 testing and HVAC updates, ultimately, schools being open or closed comes down to negotiations between local school departments and their teachers unions.
Axios Re:Cap digs into those negotiations, what will happen this semester once teachers have vaccination access and what next fall could look like with American Federation of Teachers president Randi Weingarten.
We’re a year into virtual schools — but the digital divide when it comes to our students still hasn’t been fixed. Consider this: 12 million students in this country don’t have internet access or the proper devices needed to do school online.
As some schools start to reopen for in-person classes, there's a danger that the digital divide will again be ignored.
Plus, former President Trump’s second impeachment trial begins.
And, how a showdown over real estate commission could upend the industry.
