E.V. Start-up Founder Could Get Prison Term in Fraud Case
Posted inBankruptcies Burns, Steven Canoo Inc Decisions and Verdicts Electric and Hybrid Vehicles Entrepreneurship Faraday & Future Inc Fisker Automotive Frauds and Swindling Hindenburg Research Lordstown Motors Corp Milton, Trevor (1981- ) Nikola Motor Co Production Securities and Commodities Violations Short Selling Start-ups Stocks and Bonds Trucks and Trucking

E.V. Start-up Founder Could Get Prison Term in Fraud Case

Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.
Yellow Rejects a Bid to Restart Trucking Company
Posted inBankruptcies Coronavirus (2019-nCoV) Credit and Debt International Brotherhood of Teamsters Labor and Jobs Mergers, Acquisitions and Divestitures Organized Labor Pensions and Retirement Plans Riggs Amico, Sarah Shutdowns (Institutional) Stocks and Bonds Trucks and Trucking

Yellow Rejects a Bid to Restart Trucking Company

In a letter, Yellow’s management said an effort to buy the company and revive its operations by an executive from a different trucking firm was “not viable.”