By Ben Klayman, Joshua Franklin and Paul Lienert (Reuters) – Electric commercial truck maker Nikola Corp <NKLA.O> of Phoenix, Arizona, tried unsuccessfully to raise $1 billion in the private markets and only turned to a merger with a so-called blank-check company to go public as a way to raise the […]
Virus
Online sales will help with virus resurgence
DETROIT (AP) — The past five years have been rough for Hyundai in the U.S. as it scrambled to catch up with a massive shift in consumer preferences from cars to trucks and SUVs. The South Korean auto company ran through multiple leaders as it added utility vehicles to a […]
Nevada lawmakers suspend session over virus case
CARSON CITY, Nev. — Nevada lawmakers have pumped the brakes on their emergency special session because someone in the legislative building has tested positive for the coronavirus. Gov. Steve Sisolak has convened the session so lawmakers can balance the state budget amid a projected $1.2 billion shortfall stemming from the […]
Trump’s reelection campaign gets a reboot as virus persists
WASHINGTON (AP) — President Donald Trump’s campaign reboot is getting a reboot. He will take baby steps back out onto the road Friday after a multiweek hiatus caused by a nationwide surge in coronavirus cases and after his planned comeback in Oklahoma turned into a debacle. Trump, trailing in the […]
McConnell eyes virus aid as evictions, benefits cuts loom
WASHINGTON (AP) — An eviction moratorium is lifting. Extra unemployment benefits are ending. Parents are being called to work, but schools are struggling to reopen for fall as the COVID-19 crisis shows no signs of easing. With Congress bracing for the next coronavirus aid package, Senate Majority Leader Mitch McConnell […]
Virus, Floyd death merge in brutal blow to Black well-being
Doctors have known it for a long time, well before the resounding cries of “Black Lives Matter”: Black people suffer disproportionately. They face countless challenges to good health, among them food, transportation and income. The stress of living with racism has very real, physical effects. And they are especially prone […]