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.
Read more at The New York Times
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Troubled electric vehicle maker Nikola files for bankruptcy protection
Troubled electric vehicle maker Nikola is filing for for Chapter 11 bankruptcy protectionABC News - 3d -
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 - 1d -
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 - 2d -
ADAC test shows winter weather can slash electric car range
Yahoo News - 1d -
12 university students killed when their bus and a truck collide in Brazil
Yahoo News - 1d -
12 university students killed when their bus and a truck collide in Brazil
A bus carrying university students and a truck collided on a highway in southeastern Brazil, killing 12 passengers and injuring 21 othersABC News - 23h -
12 college students killed when bus and truck collide in Brazil
Local television stations broadcast images from the crash scene showing the bus, its left side completely destroyed in the collision.CBS News - 19h -
Debt forgiveness vs. Chapter 11 bankruptcy: How to choose the best option
Knowing the difference between these options could be key to successfully getting rid of your debt.CBS News - 18h -
IRS layoffs underway around the country as millions prepare to file taxes
The IRS has begun laying off more than 6,000 new and newly promoted employees across the country as part of the push to slash the federal government, sources say.ABC News - 1d -
Migrants held at Guantanamo now allowed to phone attorneys, filing says
Migrants being held at the Guantanamo Bay prison camp are now being permitted to speak to their attorneys by phone, an ICE official said in a court filing.ABC News - 1d -
What Do the Mass IRS Layoffs Mean for Your Business Tax Filings?
The IRS just laid off at least 6,000 employees, which could lead to slower processing times–or lax enforcement.Inc. - 1d -
I.R.S. Fires 6,700 Employees Amid Tax Filing Season
The layoffs at the Internal Revenue Service came alongside additional firings at the Transportation Security Administration and the C.I.A.The New York Times - 23h -
Don't wait to file your taxes this season, experts say. Here's why
Nearly one-third of Americans procrastinate filing their taxes. But here's why you shouldn't wait this season, experts say.CNBC - 17h -
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 - 3d -
With RFK Jr. in charge, supplement makers see chance to cash in
The FDA is already limited in policing claims of health benefits by makers of supplements and herbal remedies — a $70 billion industry. Get ready for even less regulation.CBS News - 1d -
Scotch makers condemn English single malt whisky proposal
Scottish distilleries and MPs claim England's methods would damage the reputation of single malt.BBC News - 1d -
China's EV maker XPeng eyes doubling global presence by year's end
Yahoo News - 1h -
WATCH: Mike Eruzione wears Johnny Gaudreau jersey in electric USA vs. Canada pregame atmosphere
The American fans returned the favor after "The Star-Spangled Banner" was booed in MontrealCBS Sports - 1d -
Ranking NBA's top 25 players this season (so far): Nikola Jokić over SGA at No. 1, three Knicks crack list
As the league restarts after the All-Star break, let's appreciate the best players in the NBA to this pointCBS Sports - 1d -
Here's how IRS layoffs could impact your tax filing and refund this season
Thousands of IRS employees are expected to lose their jobs as Elon Musk's Department of Government Efficiency, or DOGE, continues cuts to federal spending.CNBC - 22h -
Google Ad-Tech Users Can Target National Security ‘Decision Makers’ and People With Chronic Diseases
Google enables marketers to target people with serious illnesses and crushing debt—against its policies—as well as the makers of classified defense technology, a WIRED investigation has found.Wired - 2d -
Once high-flying Bluebird Bio sells itself to private equity after tough times for the gene therapy maker
Bluebird Bio will sell itself to private equity firms Carlyle and SK Capital for about $30 million, the company said Friday.CNBC - 19h
More from The New York Times
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Markets and Corporate America Are Unfazed by Washington Chaos, for Now
The federal budget debate has big implications for the economy. Businesses are betting that tax cuts will be extended and the math will work out.The New York Times - 4h -
Wall Street Is Getting Antsy With Trump
The contrasting reactions between the overflow and V.I.P. areas at a Trump event encapsulated the finance world’s worries about the new administration’s first month.The New York Times - 4h -
A.P. Sues Trump Officials Over White House Ban
The wire service sued three of them for denying its reporters access to press events. The White House has objected to The A.P.’s references to the Gulf of Mexico in articles.The New York Times - 15h -
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 - 1d -
Universal’s Theme Parks, Long in Disney’s Shadow, Expand at Dizzying Pace
Universal is going after Disney, the industry leader, with new parks in Florida and Texas: “We want people to think of us first.”The New York Times - 1d
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Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.CNBC - 12m -
‘I’ve opened a hornet’s nest’: My mother-in-law lists my husband as beneficiary on her $1 million IRA. But her will says otherwise. Which wins?
“All of this is causing a lot of turmoil in the family. Does her will trump the IRA beneficiary?”MarketWatch - 52m -
Top shale boss says US oil companies will not flock back to Russia
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How Expert Advisors Can Drive Innovation and Trust
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Activist ValueAct spots an overlooked opportunity at Liberty Live Group. How the move might pay off
Liberty Live represents Liberty Media Group’s ownership stake in Live Nation. The stock trades at a sharp discount to the entertainment and ticketing giant.CNBC - 1h