A new electric truck SPAC called Lordstown is forming and the shares are surging

The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020.

Matthew Hatcher | Bloomberg | Getty Images

Shares of DiamondPeak Holdings, a special purpose acquisition company, jumped 21% on Monday after the company announced that it will merge with electric vehicle company Lordstown Motors. The combined company will trade on the Nasdaq under the new symbol “RIDE.”

The deal represents two areas of particular investor interest this year: special purpose acquisition companies (SPACs), as well as electric vehicle start-ups.

SPACs are also known as blank-check companies,

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Sperm don’t move like we all imagined for 350 years

Researchers from the University of Bristol, United Kingdom, and the National Autonomous University of Mexico discovered the true way in which sperm swim. The truth is that it has nothing to do with how we thought it was until now. The results shed light on the problem of male infertility.

If you remember some old biology class, in which they explained the human fertilization process through a drawing or animated video, you will surely remember the small sperm swimming towards an egg in order to fertilize it.

Similar to microscopic tadpoles, science believed that sperm swam similar to the way

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U.S. stock futures little changed after Monday’s tech-powered rally

Traders work during the closing bell at the New York Stock Exchange (NYSE) on March 18, 2020.

Johannes Eisele | AFP via Getty Images

U.S. stock futures traded near the flatline early Tuesday morning after the major averages logged in sharp gains to start the new month on Monday.

Dow Jones Industrial Average futures were hovering at about 11 points. S&P 500 traded in negative territory while the Nasdaq 100 futures posted marginally positive moves. 

The Dow closed Monday’s session up more than 200 points, or 0.9%. The S&P 500 rallied to its highest level since Feb. 21 and the

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New Demandforce Mobile App Gives Small Business Communications On the Go

Demandforce has launched its mobile app that provides businesses more access to client communication tools and marketing automation features. It lets users easily manage and run their business from anywhere with instant mobile access to valuable information. This includes those of clients, schedules, appointment requests, and two-way text conversations.

The mobile app integrates with Demandforce’s platform making it easy to communicate with clients on the go. Demandforce’s free app allows businesses to receive important push notifications of appointment requests, texts from clients to their business numbers. In addition, it allows users to view and reply to those inquiries directly

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Israel’s Treasury estimates: The economic crisis will last about 5 years

The Ministry of Finance published today (Sunday) its economic forecast for the years 2023-2020.

The forecast presents two possible scenarios – a gradual recovery scenario and an exacerbation scenario, both of which of course depend on the management of the medical crisis and the increase in morbidity. Nevertheless, sources in the Treasury estimate that 5-4 years are expected to return to unemployment on the eve of the crisis.

Ministry of Finance warns against their assessments because the nature of the crisis is unique and not similar to events that have happened in the past. However, based on the major crises …

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This Art Consultant Wants To Create A New Era Of Celebrating Black Art

Black culture has become the muse for many artists around the world. However, the professionals that make up the industry do not often reflect the same diversity. One woman has made it her mission to disrupt the art world by celebrating Black art.

Alaina Simone, the owner of an art consulting agency, is centering Black artists on the mainstream stage. Her love of art came from seeing a different side of life outside of the traditional working roles like her parents had.

“I remember seeing Alvin Loving as a very small child, who was a friend of my family in

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Warren Buffett’s Berkshire Hathaway adds to Bank of America stake

Warren Buffett, chairman and CEO of Berkshire Hathaway

David A. Grogan | CNBC

Warren Buffett’s Berkshire Hathaway this week added to his already-enormous stake in Bank of America at a time when the coronavirus pandemic dampens the economic outlook and interest rates hold near record lows.

A Securities and Exchange Commission filing showed Buffett’s conglomerate bought 21.2 million shares of the banking giant between Tuesday and Thursday. That increased Berkshire’s stake in Bank of America by $522 million and sets its total position in the bank at 11.8%.

The average purchase price was $24.65 per share.

Berkshire has been buying

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