Nikola, E.V. Start-Up That Once Thrilled Investors, Files for Bankruptcy
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a ...
Why an electric truck maker once worth more than Ford just went bust
Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy ...
Nikola, Arizona maker of emissions-free heavy trucks, files for bankruptcy
Nikola Corp. will have $47 million in cash on hand to navigate Chapter 11 process. It hopes to wind down its Coolidge ...
XPO's Impressive Margin Progress Persists Despite Heavy Network Investment
XPO's core trucking volume (tonnage) is subject to variability in macroeconomic conditions, and cyclical downturns in demand will compress profitability. Excess capacity has historically driven ...
Nikola files for chapter 11 bankruptcy as cash flow issues, weak demand for vehicles take a toll
Nikola Corp., once hailed as a rising star in the electric vehicle industry, has filed for Chapter 11 bankruptcy protection, ...
$70,000 in funding for 22 projects designed to boost tourism
Several organizations across Eastern Connecticut received the 2025 Regional Marketing Partnership Program grants distributed through the Eastern Regional Tourism District (ERTD). The ERTD Executive ...
Chaplin Grand List has a nearly 3% decrease
CHAPLIN — Motor vehicle and personal property values are down in Chaplin, but real estate is slightly higher on the latest Grand List figures. “The overall 2024 Grand List had a 2.99% decrease from ...