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 - 5d -
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 - 4d -
ADAC test shows winter weather can slash electric car range
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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 - 3d -
BMW delays £600m electric Mini factory upgrade in UK over 'uncertainty'
The vehicle manufacturer says "multiple uncertainties" in the industry led to its decision.BBC News - 2d -
Greenpeace Goes to Court in $300 Million Suit That Poses Bankruptcy Risk
In a closely watched case, the owner of the Dakota Access Pipeline is claiming the environmental group masterminded protests that hurt the company’s business.The New York Times - 7h -
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 - 4d -
12 university students killed when their bus and a truck collide in Brazil
Yahoo News - 3d -
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 - 3d -
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 - 3d -
Kyle Busch wins Truck Series thriller in Atlanta photo finish
HAMPTON, Ga. — With seven previous Atlanta Motor Speedway trophies in the NASCAR Craftsman Truck Series already on his mantel, Kyle Busch was the odds-on favorite for Saturday‘s Fr8 Racing 208. The ...Yahoo Sports - 2d -
Atlanta Truck results: Kyle Busch nips Stewart Friesen at finish line
Kyle Busch scores his 67th career Truck win, beating Stewart Friesen by .017 seconds.Yahoo Sports - 2d -
The High-Profile Failures of Nikola and Humane Highlight a Danger for Startups
Both Nikola and Humane faced the unique set of challenges that come with being first to market.Inc. - 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 - 5d -
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 - 3d -
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 - 3d -
China's EV maker XPeng eyes doubling global presence by year's end
Yahoo News - 2d -
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 - 4d -
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 - 4d -
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 - 4d -
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. - 3d -
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 - 3d -
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 - 3d -
Iowa pollster facing Trump lawsuit files motion to dismiss
Veteran Iowa pollster J. Ann Selzer is seeking to dismiss President's Trump's lawsuit against her, the Des Moines Register and its parent company Gannett after a November survey incorrectly ...The Hill - 2d -
Diddy's lawyers challenge search warrants, aim to suppress evidence in new filing
The motion seeks to suppress all evidence obtained through these federal searches or grant a hearing to examine the government's conduct in obtaining the warrants.ABC News - 23h -
Antivirus software company ordered to pay customer $16.5M: How to file a claim
Millions of American consumers who bought antivirus software from Avast may be eligible to receive a portion of a $16.5 million settlement, the Federal Trade Commission (FTC) announced Monday.The Hill - 1h -
Report: Dodge looking to rejoin NASCAR Truck Series in 2026 ahead of 2027 Cup Series move
The manufacturer last fielded Cup Series teams in 2012.Yahoo Sports - 2d -
NBA DFS: DraftKings, FanDuel daily Fantasy basketball picks for Monday, Feb. 24 include Nikola Jokic
SportsLine's Mike McClure, a daily Fantasy pro with more than $2 million in winnings, gives optimal NBA DFS lineup advice for Monday, Feb. 24CBS Sports - 7h -
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 - 4d -
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 - 3d -
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 - 4d -
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 - 3d -
Trump’s IRS layoffs have some Americans asking: ‘Why bother’ filing taxes this year?
Accountants say some clients are wondering if they should blow off their taxes amid IRS cutbacks.MarketWatch - 2d -
UK companies pay less than half of fines issued for filing accounts late
Disparity raises questions about ability of Companies House to tackle non-complianceFinancial Times - 1d -
Republican files article of impeachment against judge who ordered agencies to restore scrubbed data
Rep. Andy Ogles (R-Tenn.) on Monday introduced an impeachment resolution against a federal judge who ordered federal health agencies to temporarily restore online datasets scrubbed as part of the ...The Hill - 5h -
Musk doubles down on threat to federal workers: File list of accomplishments or get fired
Elon Musk has been tasked by President Donald Trump with slashing federal government spending and the federal employee headcount, an effort known as DOGE.CNBC - 1h
More from The New York Times
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Why American Businesses Aren’t Raring to Get Back Into Russia
The White House promised “incredible opportunities” if Moscow ended the war in Ukraine. But Russia’s economy is struggling and the business environment is unpredictable.The New York Times - 12h -
Trump and Paramount Seek Mediator for CBS News Lawsuit
The move is another indicator that the two sides are exploring ways to resolve the case, over the editing of a “60 Minutes” interview, out of court.The New York Times - 5m -
Starbucks to Lay Off 1,100 Corporate Workers
The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan to win back customers.The New York Times - 4h -
Crypto Trader OKX Pleads Guilty to Running Illegal U.S. Operation
Federal prosecutors said OKX, based in Seychelles, violated anti-money laundering laws for years. The company agreed to pay more than $500 million in fines and penalties.The New York Times - 1h -
Delta Flight Makes Emergency Landing After ‘Possible Smoke’ in Plane, F.A.A. Says
Flight 876 returned to Hartsfield-Jackson Atlanta International Airport on Monday after the crew reported seeing haze in the flight deck.The New York Times - 2h
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Trump and Paramount Seek Mediator for CBS News Lawsuit
The move is another indicator that the two sides are exploring ways to resolve the case, over the editing of a “60 Minutes” interview, out of court.The New York Times - 5m -
Bank of Korea cuts rates to lowest since August 2022 to boost sluggish growth
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - 24m -
From sneakers to luxury handbags, hotels are providing more so you can pack less
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Hims & Hers offers upbeat forecast, but stock slides after hours
Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo ...MarketWatch - 1h -
Chegg sues Google for hurting traffic with AI as it considers strategic alternatives
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