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SEC to examine Nikola over short-seller’s fraud allegations

The U.S. Securities and Exchange Commission is probing Nikola Corp to assess the merits of short-seller Hindenburg’s allegations that the EV maker misled investors about its business prospects. Nikola and

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Retirements, layoffs, labor force flight may leave scars on U.S economy

Judith Ramirez received a letter this month that she’d been dreading: The Honolulu hotel that furloughed her from a housekeeping job in March, during the lockdown triggered by the coronavirus

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Apple expected to unveil updates to Watches, iPads

Apple Inc AAPL.O will broadcast an event from its Cupertino, California campus on Tuesday where analysts expect it to show updated Apple Watches, iPads and other devices while reserving an

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Delta pledges loyalty program to raise $6.5 billion

Delta Air Lines said on Monday it is seeking to raise $6.5 billion through new bonds and loans backed by its SkyMiles loyalty program, further bolstering liquidity to weather a

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JPMorgan’s Dimon says economic recovery could be derailed

JPMorgan Chase & Co JPM.N Chief Executive Jamie Dimon said the economic recovery from the coronavirus recession could be derailed by a lack of additional economic stimulus, the election and

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Oil edges lower, shrugging off Gulf of Mexico shut-ins

Oil prices slipped slightly on Monday amid concerns about a stalled global economic recovery and with Libya poised to resume production, and failed to get support from an impending storm

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Dish signs up Nokia to supply 5G core software

U.S. satellite TV provider Dish Network, racing to build a 5G network in the United States by 2023, has turned to Finland’s Nokia to supply 5G core software. Dish is

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