Troubled electric vehicle maker Nikola files for bankruptcy protection

Read more at ABC News
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 - 3d -
Germany Is in Big Trouble
Its economy is trapped in a vicious cycle and nobody seems to know what to do about it.The New York Times - 1d -
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 - 2d -
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 -
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 - 1d -
ADAC test shows winter weather can slash electric car range
Yahoo News - 1d -
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 - 5h -
Ford, Rivian recall over 250,000 vehicles due to seatbelt, headlight issues
The companies said the repairs on the issues will be performed free of charge for owners.CBS News - 1d -
Tesla recalls more than 376,000 vehicles over power steering issue
Loss of power steering caused by overstressed motor drive components will require increased steering effort from driver, raising risk of crash, NHTSA says.CBS News - 1d -
Tesla recalls more than 375,000 vehicles for power steering issue
Tesla is recalling more than 375,000 vehicles in the United States due to a power steering issues, the National Highway Traffic Safety Administration announced Friday.NBC News - 1d -
Three people killed in Louisville, Kentucky, motor vehicle office shooting
One person was dead at the scene and two others died at the hospital; no reported arrests nor information on the shooter. Three people were shot and killed at a motor vehicle office in Louisville, ...The Guardian - 1d -
Tesla recalls over 376,000 vehicles due to power steering defect
The recall involves some 2023 Tesla Model 3s and some 2023 Tesla Model Ys, according to the recall report from the National Highway Traffic Safety Administration.The Hill - 11h -
The digital tool protecting Ukrainian architecture from war
Yahoo News - 1d -
Economic partnership will protect the Ukrainian people and the US taxpayer
Trump’s bold international leadership aligns interests and benefits allFinancial Times - 4h -
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
The hack of Bybit is the latest incident in which the crypto industry has been targeted.MarketWatch - 1d -
Bucks overcome Antetokounmpo's foul trouble and hold on for a 104-101 victory over Wizards
Kyle Kuzma scored 19 points in his return to Washington, and the Milwaukee Bucks overcame Giannis Antetokounmpo’s foul trouble to beat the Wizards 104-101ABC News - 19h -
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 - 10h -
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 - 2d -
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 - 1d -
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 - 1d -
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 - 8h -
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 -
Trump administration ends TPS protections for half a million Haitians
The decision means Haitians would lose work permits and could be eligible to be removed from the country by August.CBS News - 1d -
Germany’s Merz says Europe can no longer rely on US protection
Frontrunner for chancellor suggests possible nuclear co-operation with the UK and FranceFinancial Times - 1d -
Apple removes advanced data protection tool in face of UK government request
Apple says removal of tool after government asked for right to see data will make iCloud users more vulnerable. Business live – latest updates Apple has taken the unprecedented step of ...The Guardian - 1d -
With tariffs ramping up, this investment option can provide protection against inflation
The threat of tariffs on imports is causing some investors to consider increasing their exposure to TIPS to help buffer their portfolios against inflation.CNBC - 1d -
Could Elon Musk benefit from DOGE cuts at consumer protection watchdog?
Earlier this month, President Trump fired Rohit Chopra, director of the Consumer Financial Protection Bureau. Lesley Stahl has more on the agency and the Trump administration's attempts to ...CBS News - 21h -
Trump Cuts Protections for Haitians, Putting Them on Track for Deportation
The decision is the latest in President Trump’s sweeping crackdown on immigrants, including people whom the Biden administration had authorized to remain in the country.The New York Times - 18h -
Apple pulls data protection tool after UK government security row
Customers' photos and documents stored online will no longer be protected by end-to-end encryption.BBC News - 14h -
Trump signs order protecting American companies from ‘overseas extortion’
President Trump issued a memo on Friday that seeks to protect American companies and innovators from what he called "overseas extortion," adding to a bevy of actions proposed in his first month in ...The Hill - 8h -
Tesla recalls more than 375,000 vehicles in U.S. due to failing power-assisted steering systems
Tesla is voluntarily recalling 376,241vehicles in the U.S. to correct an issue with failing power-assisted steering systems.CNBC - 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 - 2d -
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 - 1d
More from ABC News
-
Rich in cash, Japanese automaker Toyota builds a city to test futuristic mobility
Woven City near Mount Fuji is where Japanese automaker Toyota plans to test everyday living with robotics, artificial intelligence and autonomous zero-emissions transportationABC News - 11h -
China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in ChinaABC News - 2d -
Agriculture Department tries to rehire fired workers tied to bird flu response
The Agriculture Department is scrambling to rehire several workers it fired as part of President Donald Trump’s broad cuts because they were involved in the government’s response to the ongoing ...ABC News - 2d -
Proposal to ban lab-grown meat in Nebraska gets pushback from ranchers and farm groups
A bill to ban the sale of so-called lab-grown meat might seem like a no-brainer in Nebraska, where beef is kingABC News - 2d -
Utah Republicans push to let patients supply their own blood as vaccine concerns linger
Health care facilities in Utah would be required to let patients bring their own blood or choose their own donor for medical procedures under legislation gaining momentum in UtahABC News - 2d
More in Tech
-
We need to talk about the F word (‘friction’ in enterprise, that is)
Only by bringing friction back into the conversation can we responsibly build out new technologies with growth potential and staying power.VentureBeat - 2h -
The rise of browser-use agents: Why Convergence’s Proxy is beating OpenAI’s Operator
A new wave of AI-powered browser-use agents is emerging, promising to transform how enterprises interact with the web. These agents, including OpenAI's Operator and Convergence's Proxy, can ...VentureBeat - 5h -
Meta launches $50M Meta Horizon Creator Fund
This week, Meta launched a $50 million Meta Horizon Creator Fund. Under the theme of “Shape what’s next,” Meta plans to reward creators who can innovate and earn with Meta Horizon Worlds. The fund ...VentureBeat - 6h -
D&D 5e Is Fully Represented In Solasta 2, For Better And Worse
Solasta: Crown of the Magister , a D&D-inspired game that closely follows the rules of the tabletop game's fifth edition, evidently released too soon. The 2021 RPG released to favorable reviews but ...GameSpot - 6h -
The Best Meta Quest Games You Can Play Right Now (2025)
Dipping your toes into virtual reality? From shooters to woodsy adventures, these are our favorites to play by yourself or with friends.Wired - 6h