Month: September 2020

President Donald Trump’s bid to quickly fill the U.S. Supreme Court vacancy could end the already remote chance of a pandemic relief package before the Nov. 3 election, bank analysts say. But it may raise the odds of a Democratic sweep in the election, which could clear the way for a bigger stimulus package afterward to fight economic impacts of the coronavirus.

President Donald Trump's bid to quickly fill the U.S. Supreme Court vacancy could end the already remote chance of a…

Shares of electric-truck maker Nikola Corp tumbled as much as 30% on Monday after founder Trevor Milton stepped down following claims of nepotism and fraud by a Wall Street short-seller that have drawn interest from U.S. regulators. GM, which recently announced it would receive an 11% stake in Nikola under a partnership, said in a statement on Monday it would work with Nikola to close the deal while stressing it was just one element of its electric vehicle strategy.

Nikola Corp founder Trevor Milton stepped down following claims of nepotism and fraud.