Nikola Appoints Mary Chan As Chief Operating Officer

Nikola Founder Trevor Milton Gets 4-year Prison For Fraud

Nikola Corp.'s founder Trevor Milton was sentenced to four years in prison for making false and misleading statements to retail investors to drive investor demand. He was also fined $1 million, and three years of supervised release. As per reports, he could be forced to forfeit property as part of his sentence. Judge Edgar Ramos reportedly allowed Milton to remain free on bail while he appeals...

RTTNews | Pred 393 dňami

Nikola To Expand Dealer Network Into Canada For Class 8 Truck Sales And Service Coverage

Nikola Corp. (NKLA) announced Friday an expansion of its dealer network into Canada for its Class 8 truck sales and service coverage with the addition of ITD Industries Inc., an industry leading commercial trailer manufacturer and technology business headquartered in Toronto, Ontario.

RTTNews | Pred 488 dňami

Nikola Announces Q2 Battery-electric Truck Deliveries

Nikola Corp. (NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, announced Wednesday its quarterly deliveries for its battery-electric truck, with wholesale of 45 trucks and retail of 66 trucks in the quarter ended June 30, 2023.

RTTNews | Pred 560 dňami

Nikola Promotes Michael Lohscheller To Succeed Mark Russell As President And CEO

Energy infrastructure firm Nikola Corp. (NKLA) announced Wednesday that Chief Executive Officer and President Mark Russell will retire, effective January 1, 2023. The company has promoted current Nikola Motor President Michael Lohscheller to succeed Russell.

RTTNews | Pred 889 dňami

CAC 40 Modestly Higher After Inflation Data

French stocks are modestly higher Wednesday morning with investors digesting the nation's consumer price inflation data, and looking ahead to U.S. inflation report for clues about Fed interest rates.

RTTNews | Pred 5 h 8 min

DAX Rises Nearly 0.5% As Bond Yields Drop Slightly

German stocks are climbing higher on Wednesday thanks to easing bond yields, and data showing an unexpected drop in British inflation. Investors, focusing on quarterly earnings, are also looking ahead to U.S. consumer price inflation data for more clues about Fed interest rates.

RTTNews | Pred 5 h 26 min

Sensex, Nifty End Modestly Higher; Financials Underperform

Indian shares ended Wednesday's session higher, the dollar rally paused, and bond yields dropped after data showed U.S. producer prices rose by slightly less than expected in December, offering temporary relief to investors worried about inflation and interest rates.

RTTNews | Pred 5 h 32 min

FDA Proposes Front-of-package Nutrition Label For Packaged Foods

The U.S. Food and Drug Administration is proposing to require a front-of-package or FOP nutrition label for most packaged foods as part of a government-wide effort in combatting the chronic disease crisis in the United States. If finalized, the proposal would give consumers readily visible information about a food's saturated fat, sodium and added sugars content.

RTTNews | Pred 5 h 38 min

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