EV Truck Maker Nikola Weighs a Sale as Cash Crunch Hits Hard

The fuel-cell electric truck maker continues to struggle as its cash reserves dwindle.

Topics

Shares of cash-strapped Nikola nosedive on report of potential sale

Nikola warned investors on its third-quarter conference call that the company only had enough cash to support its business into the first quarter of 2025.
CNBC - 1d
Australian casino group Star faces cash crunch as shares tumble 28%

Money laundering penalties and cost of living crisis take toll on gambling operations
Financial Times - Jan. 9
Chinese EV makers BYD, Nio, Li and XPeng end 2024 on a sales high

Chinese electric-vehicle makers enjoyed strong sales in December 2024 as the country’s EV price war continued.
MarketWatch - Jan. 2

Amazon Prime Video Seeks Profit Boost from Live Sports

Live sports create valuable opportunities for targeted ad placements on Prime Video.
Inc. - 28m
Companies May Not Be Able to Abandon DEI Despite Trump Order

Some companies have begun pulling back DEI efforts, but it may open them up to serious legal issues.
Inc. - 52m
New Yorkers Could Use Paid Sick Leave to Care for Pets Soon

Legislation could let New Yorkers take paid sick leave for their pets and service animals.
Inc. - 1h
What’s Your Apple Juice?

Make it a goal for this year to recharge before it’s too late.
Inc. - 1h
Why Age-Gating Social Media is a No-Brainer

This policy has worked with alcohol and tobacco—let’s try it with social media.
Inc. - 1h

Corporate tax cuts don’t boost the economy — despite what many investors believe

Raising corporate taxes — not cutting them — frequently delivers faster economic growth.
MarketWatch - 14m
Jim Cramer's week ahead: Fed meeting and Big Tech earnings

CNBC's Jim Cramer highlighted what he's paying attention to next week as Wall Street launches into earnings season.
CNBC - 24m
Amazon Prime Video Seeks Profit Boost from Live Sports

Live sports create valuable opportunities for targeted ad placements on Prime Video.
Inc. - 28m
Companies May Not Be Able to Abandon DEI Despite Trump Order

Some companies have begun pulling back DEI efforts, but it may open them up to serious legal issues.
Inc. - 52m
Trump recommends ending FEMA ahead of California fire site visit

President Donald Trump will visit California to see the damage caused by wildfires around Los Angeles. FEMA has been involved in response efforts there.
CNBC - 1h