The price of shares of digital marketing company Vinco Ventures, Inc. (BBIG) has soared 168.6% so far this year on investors' ...
Automaker cites "slower near-term EV adoption and an evolving regulatory environment" in latest pullback on electric ...
Foxconn, OpenAI and SoftBank—have hatched a plan to repurpose the 6.2 million-square-foot facility into a manufacturing hub ...
The United States Court of Appeals for the Sixth Circuit has upheld a lower court’s decision to dismiss a securities fraud ...
Major stock indexes ended lower for a second straight day Wednesday following a three-session streak of record closing highs. Technology stocks declined, although energy shares rose along with the ...
A new Bloomberg report says that a major investment firm with ties to the AI sector has bought the Foxconn facility. A recent Bloomberg report has revealed the identity of the mystery buyer who ...
From microcar fans to restorers of classic American muscle to the ’80s crowd preserving everyday family cars, it genuinely ...
YOUNGSTOWN, Ohio – A federal judge has dismissed a class action lawsuit filed by investors last year that alleged former Lordstown Motors Corp. executives misled shareholders as a joint venture deal ...
Most EV companies, including Rivian and Lucid, are burning tons of cash. The two companies were saved by Volkswagen and Saudi Arabia, respectively. EV firms like Mullen Automotive, Canoo, and Faraday ...
The failed EV automaker formerly known as Lordstown Motors Corp. is back in business under a new name following its emergence from Chapter 11 bankruptcy. According to public filings and a company ...
Burns launched Lordstown as a private company in April 2019 with the aim of manufacturing an electric truck, and purchased an assembly plant from General Motors a few months later. In October 2020, ...
The Securities and Exchange Commission’s case against Lordstown Motors for misleading investors in part involved a miscalculation that the electric truck maker could easily source critical vehicle ...