Move over Nikola: A new electric truck SPAC called Lordstown is forming and the shares are surging

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Move over Nikola: A new electric truck SPAC called Lordstown is forming and the shares are surging

DiamondPeak Holdings and Lordstown Motors are merging in the latest deal between a SPAC and an electric vehicle company. The deal is expected to close in the fourth quarter, and the combined company will be known as Lordstown Motors and trade on …
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Chipotle launching a line of avocado-dyed clothes and other items

Chipotle Mexican Grill Inc. CMG, +0.58% said Monday that it will be launching a line of avocado-dyed clothing and other items that will be made available exclusively to loyalty members. Items will be made with organic cotton and the dye will be produced with …
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AbbVie, Amgen and Takeda start testing drugs as COVID-19 treatments

AbbVie Inc. ABBV, -1.17% , Amgen Inc. AMGN, -0.59% , and Takeda Pharmaceutical Co. Ltd. TAK, +0.22% announced they started enrolling patients in a clinical trial testing three of their drugs as treatments for severely ill and hospitalized COVID-19 patients.
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Hyundai Motor America Reports July 2020 Sales

FOUNTAIN VALLEY, Calif., Aug. 3, 2020 /PRNewswire/ — Hyundai Motor America reported total July sales of 57,677 units, a 1% increase compared with July 2019. Retail sales grew 4%, the third consecutive month of increasing retail sales. Fleet sales were …
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Meetup vulnerabilities enabled group takeovers, payment redirections

Two high-risk vulnerabilities in Meetup, a popular online service that’s used to create groups that host local in-person events, allowed attackers to easily take over any Meetup group, access all group functions and assets, and redirect all Meetup …
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