Another EV maker goes bust. Nikola’s stock plunges after bankruptcy filing.
Read more at MarketWatch
Topics
-
Nikola, Electric Truck Maker, Files for Bankruptcy
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.The New York Times - 1d -
Troubled electric vehicle maker Nikola files for bankruptcy protection
Troubled electric vehicle maker Nikola is filing for for Chapter 11 bankruptcy protectionABC News - 1d -
These are the factors weighing on Block’s stock after earnings
Block expects accelerating growth as the year goes on, but investors may have wanted more from the company’s overall gross-profit outlook.MarketWatch - 12h -
Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown
Royal Caribbean was the hardest hit.CNBC - 16h -
The BBC goes on board the US's $13bn super-carrier
The USS Carl Vinson joins a naval exercise in the Pacific with Japan and France.BBC News - 13h -
Chinese Hospital Bankruptcies Soar Amid Financial Strains
Still recovering from heavy spending during the pandemic, hospitals are squeezed by a slumping economy and government efforts to curb health care spending.The New York Times - 22h -
LeBron 'defies' age with another historic 40 in win
LeBron James became the first player in NBA history with multiple 40-point games at age 40 or older, reaching his latest milestone in Thursday's win over the Blazers.ESPN - 2h -
Yahoo Sports AM: Is Nikola Jokić having the best season ever?
In today's edition: Nikola Jokić's season for the ages, golf's pace of play issue, how the next 18 months could reshape soccer in the U.S., the 4 Nations championship, and more.Yahoo Sports - 1d -
HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI’s Sam Altman. The pin will be discontinued.The New York Times - 2d -
Woman Who Gave Birth to Another Couple’s Baby Sues I.V.F. Clinic
The woman, a Georgia resident, lost custody of the child she had carried. The in vitro fertilization clinic, Coastal Fertility Specialists, apologized for “an embryo transfer mix-up.”The New York Times - 1d
More from MarketWatch
-
How a national-security review made AppLovin America’s hottest stock — and its founders billionaires
Who says government can’t create wealth? CFIUS, an obscure panel playing an increasing market role, blocked the sale of AppLovin years before a stock-market bonanza.MarketWatch - 49m -
Oil heads for weekly gains on supply worries, but remains stuck in range
“A number of decisions are pending … could drive the oil price in one direction or the other,” one analyst notes.MarketWatch - 1h -
The stock market is expensive. But there’s still one bull case not priced in, says Bank of America.
Bank of America says heavily regulated sectors have yet to fully rallyMarketWatch - 1h -
‘She’s bleeding her retirement dry’: My friend earns $9 an hour, but wastes money on vacations and massages. What can I do?
‘She blew through her inheritance fast and paid for the down payment on her car with credit cards’MarketWatch - 2h -
‘Is this ethical?’ I want to leave my home to my children from my first marriage — and not to my second husband.
“My husband has two children, who also have a mother and grandparents who have an inheritance to leave them.”MarketWatch - 2h
More in Business
-
Coinbase says the SEC has agreed to end enforcement case against crypto exchange
The announcement comes as the regulator is expected to be more friendly to crypto under President Donald Trump.CNBC - 9m -
Profits, Not D.E.I., Are Why Companies Exist
An awkward truth has become evident in the first days of the Trump administration, as many firms mute their commitments to diversity and sustainability.The New York Times - 12m -
Energy drink stock Celsius pops more than 30% on big quarterly results, Alani Nu acquisition
Investors appear reassured by the company's potential growth prospects, given its record full-year revenue and its acquisition of a rival energy drink brand.CNBC - 16m -
'We felt at home': Israeli weapons firms out in force at Abu Dhabi defense expo
A record 34 Israeli companies exhibited at IDEX this week, the Middle East's largest defense expo hosted biennially by Abu Dhabi.CNBC - 17m -
UnitedHealth tumbles 12% on WSJ report the DOJ is investigating Medicare billing practices
The investigation centers on UnitedHealth's Medicare billing practices.CNBC - 27m