Nikola founder Trevor Milton to voluntarily step down as executive chairman

The announcement comes after short-selling firm Hindenburg Research accused Nikola of fraud. The company pushed back on the accusations, saying there were “dozens” of inaccurate allegations in the report. Source link

The announcement comes after short-selling firm Hindenburg Research accused Nikola of fraud. The company pushed back on the accusations, saying there were “dozens” of inaccurate allegations in the report.

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HSBC Shares Fall to 25-Year Low on China Fears, Banks Report

Mon Sep 21 , 2020
(Bloomberg) — HSBC Holdings Plc slumped below its financial crisis low set more than a decade ago as pressures mount on several fronts, including a potential threat to its China expansion plans and increased scrutiny of money laundering controls.The London-based bank’s Hong Kong shares on Monday slid below their closing […]