East coast port talks resume, with automation and jobs still the sticking points
Negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Employers (USMX) will ...
CNBC reports:
Nikola Corp. — an auto startup that was once a favorite of Wall Street analysts and retail investors — filed for bankruptcy protection after failing to secure a buyer or raise additional funds to maintain operations.
Nikola said Wednesday that it plans to pursue an auction and sale process of its assets, pending court approval. The company said it has approximately $47 million in cash to fund its bankruptcy activities, implement the sale process and exit Chapter 11.
“Like other companies in the ...
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