Nikola lowers revenue and delivery expectations for 2021

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Nikola lowers revenue and delivery expectations for 2021

Electric vehicle start-up Nikola Corp. reported a narrower-than-expected loss for the second quarter. The results come five days after a federal grand jury charged founder Trevor Milton with three counts of criminal fraud. In this article. NKLA+0.16 (+1.35%) …
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US household debt soared to nearly $15 trillion last quarter

New York (CNN Business) Americans have more debt than ever before. A surge in credit card spending and home purchases caused US household debt to increase by $313 billion, or 2.1%, in the second quarter, according to the Federal Reserve Bank of …
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Bausch Health Q2 Loss Widens; Plans To Pursue IPO Of Solta Medical Business

(RTTNews) – Bausch Health Companies Inc. (BHC, BHC.TO) reported that its net loss for the second quarter of 2021 widened to $595 million from $326 million in the previous year, primarily due to the unfavorable change in operating results coupled with a …
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California governor moves to free up electricity supply amid projected 3.5 GW summer shortfall

The proclamation includes a slew of measures to expedite clean energy projects, particularly battery storage, including streamlining permitting processes. It also includes policies to encourage large energy users to move to back-up power generation during …
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$27.85 for a beer: Erroneous sky-high prices at airports sparks audit, report says

Have sky-high prices at New York City’s three major airports’ restaurants and concession stands ever had you brewing with anger? According to a recent report by THE CITY, OTG — which runs restaurants and stores at LaGuardia, Kennedy and Newark …
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