Troubled electric vehicle maker Nikola files for bankruptcy protection
Troubled electric vehicle maker Nikola is filing for for Chapter 11 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 - 5d -
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 - 4d -
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 -
WATCH: Top vehicle picks of 2025 revealed
ABC News chief transportation correspondent Gio Benitez exclusively announces the highest-rated Consumer Reports car picks and top scores.ABC News - 1h -
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 - 5d -
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 -
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. - 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 - 20h -
How private equity played a role in Red Lobster and TGI Fridays bankruptcies
In 2024, 21 restaurant and bar chains filed for bankruptcy. Ten of those had been backed by private equity, according to PitchBook.CNBC - 2h -
ADAC test shows winter weather can slash electric car range
Yahoo News - 4d -
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 -
Europe must cut electricity taxes, warn Iberdrola and EDP bosses
Energy company chiefs say EU must ‘urgently’ remove various taxes and simplify billsFinancial Times - 10h -
The digital tool protecting Ukrainian architecture from war
Yahoo News - 3d -
Economic partnership will protect the Ukrainian people and the US taxpayer
Trump’s bold international leadership aligns interests and benefits allFinancial Times - 2d -
How Far Will The UK Go To Protect Ukraine?
And is the government’s stance on Russia shifting?BBC News - 2d -
Democrats introduce bill to protect transgender service members
A group of Democrats have introduced a bill to protect diversity, equity and inclusion (DEI) in the military following President Trump's January executive order to dismantle such programming. The ...The Hill - 15h -
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 - 3d -
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 - 3d -
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 - 3d -
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 - 3d -
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 - 3d -
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 - 6d -
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 - 4d -
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 - 4d -
China's EV maker XPeng eyes doubling global presence by year's end
Yahoo News - 3d -
Assassin's Creed maker confirms leaked game footage is real
French developer Ubisoft urges fans to avoid sharing spoilers as video of its latest game appears online.BBC News - 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 - 3d -
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 - 3d -
SEC coaches pressure rankings part II: Venables on hot seat, Kiffin & Beamer in trouble too? | College Football Enquirer
Dan Wetzel, Ross Dellenger and SI's Pat Forde are back with part II of their SEC coaches pressure index for the 2025 college football season.Yahoo Sports - 20h -
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. - 4d -
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 - 4d -
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 - 3d -
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 - 1d -
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 - 14h -
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 - 20h -
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 - 4d
More from ABC News
-
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in TexasABC News - 21h -
A swarm of underwater drones can help artificial reefs off Cyprus bring back sea life, officials say
Officials say a first-of-its-kind project will use a swarm of small, independent submersibles to monitor, protect and provide data on offshore artificial reefs whose purpose is to attract new ...ABC News - 21h -
Santorini's earthquake swarm is declining gradually as thousands return
Scientists from the University of Athens monitoring an earthquake swarm near the island of Santorini say the phenomenon is in “gradual decline” nearly a month after the multiple tremors startedABC News - 14h -
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 - 4d -
Apple unveils a souped-up and more expensive version of its lowest-priced iPhone
Apple has released a sleeker and more expensive version of its lowest priced iPhone in an attempt to widen the audience for a bundle of artificial intelligence technology that the company has been ...ABC News - 5d
More in Tech
-
This Refinery Wants to Make Sustainable Aviation Fuel Mainstream. Trump’s Cuts Could Kill It
A sprawling Minnesota refinery wants to make low-carbon aviation fuel mainstream—but without government support experts believe the project could be "dead in the water."Wired - 40m -
Trek FX+ 7S Review: Wonderful Upgrades, High Price
Trek upgraded its everyday commuter, making it much more expensive in the process.Wired - 1h -
Ovomind will show its Gen AI game tech that detects gamer reactions at GDC
Ovomind, an AI and "affective computing" startup, detects player reactions to a game.VentureBeat - 1h -
Prompt AI’s Seemour launches visual intelligence platform for the home
Prompt AI, a smart home and visual intelligence research and technology company, has launched Seemour, a visual intelligence platform.VentureBeat - 1h -
Quantum Machines raises $170M to accelerate adoption of quantum computing
Quantum Machines has raised $170 million in funding to accelerate quantum computing and improve its advanced quantum control solutions.VentureBeat - 1h