Jan 30, 2017

Report: Snapchat picks NYSE

Dan Primack

Jae C. Hong / AP

Snap has decided to list its shares on the New York Stock Exchange, according to CNBC.

The report from CNBC's Bob Pisani is single-sourced, and notes that NYSE CEO Tom Farley has been repeatedly spotted wearing the company's Spectacles since word of the pending IPO first leaked.

Snap is expected to publicly file its IPO papers as early as this week, with plans to raise between $4 billion and $5 billion. The actual listing is likely at the beginning of March.

NYSE declined comment on the report, via email.

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Axios

Situational awareness

Photo: BSIP/UIG Via Getty Images

Catch up on today's biggest news:

  1. CDC warns it's anticipating spread of the coronavirus in the U.S.
  2. SCOTUS rules that family of Mexican teen killed by border agent cannot sue
  3. Tokyo Olympics "looking at a cancellation" if coronavirus not contained by late May
  4. Mike Bloomberg's partner brushes off NDA concerns
  5. Trump acknowledges lists of disloyal government officials to oust
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Axios

Coronavirus spreads to new countries, while U.S. confirms 57 cases

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

Public health officials confirmed Tuesday the U.S. has 57 people with the novel coronavirus, mostly those repatriated from the Diamond Princess cruise ship — an increase they had expected after the passengers were allowed to return home from Japan against their initial advice.

The big picture: COVID-19 has killed more than 2,700 people and infected more than 80,000 others, mostly in mainland China. There's only been two cases of person-to-person infections in the U.S. so far, but the Centers for Disease Control and Prevention is now warning that Americans should prepare for a much broader outbreak here.

Go deeperArrowUpdated 1 hour ago - Health
Miriam Kramer

Space tourism gets ready for launch

Illustration: Sarah Grillo/Axios

Multiple space tourism companies are aiming to send their first customers to the edge of space before the end of this year.

Why it matters: Right now, most revenue in the space industry is tied up in government contracts, but experts say the maturing industry will need tourism to grow into the $1 trillion economy some predict it could be.

Go deeperArrow2 hours ago - Science