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Electric car maker Fisker to go public at $2.9 billion valuation

Proceeds will help bring the Fisker Ocean electric crossover to market

Reuters reported last week that the special purpose acquisition company, Spartan Energy Acquisition Corp , was leading a bidding war among blank-check companies for Fisker. The deal will provide Fisker with $1 billion in gross proceeds, including $500 million of funds from existing and new investors such as AllianceBernstein and BlackRock Inc. The proceeds will be used to bring the company's first product, the Fisker Ocean, to production in late-2022.

Psychiatric Treatment For Mom Accused Of Driving Kids Into Ocean

Bystanders and officers helped pull mom and her children from the surf off Dayton Beach

A pregnant South Carolina woman charged with attempted murder after she drove her car into the ocean with her three children inside will be allowed to receive in-hospital psychiatric care until a doctor says she's fit to return to jail, according to an agreement announced Tuesday.

Pouring urea into the ocean to absorb CO2

Could urea be a savior when it comes to reducing atmospheric carbon dioxide? By now we all know about injecting urea into diesel engine exhaust to reduce emissions of nitrogen oxides. An Australian company has now received permission from the government of the Philippines to dump urea into the Sulu Sea of that country's coast.

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