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USA Herald September 21, 2020

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 Allen
Latest news
USA Herald September 21, 2020
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 McCoy
USA Herald September 21, 2020
NGO 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 McCoy
USA Herald September 21, 2020
California 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 Summers
USA Herald September 21, 2020
US 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 McCoy
USA Herald September 20, 2020
H&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 McCoy
USA Herald September 20, 2020
Authorities 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 Summers
USA Herald September 19, 2020
Chime 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 McCoy
USA Herald September 19, 2020
SEC 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 Summers
USA Herald September 19, 2020
Blue 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 Summers
USA Herald September 19, 2020
Former 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

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