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Nikola founder Trevor Milton steps down as exec. chairman; NKLA shares plummet
Trevor Milton, the founder of Nikola Corporation (NASDAQ: NKLA) voluntarily stepped down as executive chairman and a member of the company’s Board of Directors amid continuing allegations of fraud, scrutiny…
By – Jackie AllenLatest news
New York City police officer Baimadajie Angwang arrested under allegations of spying for China
A 33-year-old New York City cop and U.S. Army Reservist named Baimadajie Angwang was arrested Monday on federal charges…
By Colby McCoyNGO decries Italian blockade of a Sea-Watch rescue ship as ‘politically-motivated”
German humanitarian group Sea-Watch blasted the Italian government for blockading a rescue ship with migrants and holding it for…
By Colby McCoyCalifornia EDD suspends new unemployment applications for 2 weeks to address fraud, backlog
The California Employment Development Department (EDD) is suspending new applications for unemployment benefits to address its existing backlog…
By Marivic Cabural SummersUS Judge blocks Commerce Department order to remove WeChat from app stores
San Francisco’s U.S. Magistrate Judge Laurel Beeler blocked a recent Department of Commerce order requiring Apple Inc (NASDAQ:…
By Colby McCoyH&M dumps Chinese supplier following allegations of forced Uyghur labor
Swedish powerhouse fashion brand H&M has ended its “indirect” relationship with Chinese cotton supplier Huafu Fashion Co., LTD.…
By Colby McCoyAuthorities arrested 44 people responsible for California EDD fraud and identity theft
Authorities arrested 44 people responsible for the California Employment Development Department (EDD) fraud and identity theft. …
By Marivic Cabural SummersChime valuation surges to $14.5 billion, eclipsing Robinhood as the highest valued consumer fintech firm
Fintech has risen to new heights following Chime’s recent fundraising round, giving the ‘challenger bank’ valuation of $14.5…
By Colby McCoySEC charges former NS8 CEO Adam Rogas for defrauding investors in $123M offering
The Securities and Exchange Commission (SEC) filed a lawsuit against former NS8 CEO Adam Rogas for allegedly defrauding…
By Marivic Cabural SummersBlue Bell Creameries to pay $17.25M for distributing ice creams linked to 2015 Listeriosis outbreak
A federal court ordered Blue Bell Creameries to pay $17.25 million in criminal penalties for distributing ice cream…
By Marivic Cabural SummersFormer National Security Advisor H.R. McMaster Claims Trump is Making U.S. “Less Safe”
Former national security advisor H.R. McMaster heavily criticized the Trump administration for its ongoing Afghanistan withdrawal talks in…
By Colby McCoy