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Year: 2021

EV start-up Nikola settles with US for $125 million

By MICHELLE CHAPMAN AP Business Writer Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances, and financial prospects. The Securities and Exchange Commission said Tuesday that the company violated the antifraud and disclosure control provisions of the

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EV start-up Nikola settles with US for $125 million

By MICHELLE CHAPMAN AP Business Writer Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances, and financial prospects. The Securities and Exchange Commission said Tuesday that the company violated the antifraud and disclosure control provisions of the

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Japan entry controls to stay until more known about omicron

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s prime minister says he will keep in place recently reimposed strict border controls, which ban most foreign entrants, until more information is known about the omicron variant of the coronavirus. Prime Minister Fumio Kishida also says he will require 14-day quarantines at government-designated facilities for those

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