Nikola To Expand Dealer Network Into Canada For Class 8 Truck Sales And Service Coverage

Nikola Founder Trevor Milton Gets 4-year Prison For Fraud

Nikola Corp.'s founder Trevor Milton was sentenced to four years in prison for making false and misleading statements to retail investors to drive investor demand. He was also fined $1 million, and three years of supervised release. As per reports, he could be forced to forfeit property as part of his sentence. Judge Edgar Ramos reportedly allowed Milton to remain free on bail while he appeals...

RTTNews | 560 days ago

Nikola Appoints Mary Chan As Chief Operating Officer

Nikola Corp. (NKLA) announced Monday the appointment of Mary Chan as Chief Operating Officer (COO), effective October 9, 2023. Chan will lead the company's engineering, program, product, supply chain, and manufacturing teams.

RTTNews | 652 days ago

Nikola Announces Q2 Battery-electric Truck Deliveries

Nikola Corp. (NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, announced Wednesday its quarterly deliveries for its battery-electric truck, with wholesale of 45 trucks and retail of 66 trucks in the quarter ended June 30, 2023.

RTTNews | 727 days ago

Nikola Promotes Michael Lohscheller To Succeed Mark Russell As President And CEO

Energy infrastructure firm Nikola Corp. (NKLA) announced Wednesday that Chief Executive Officer and President Mark Russell will retire, effective January 1, 2023. The company has promoted current Nikola Motor President Michael Lohscheller to succeed Russell.

RTTNews | 1056 days ago

Eurozone Inflation Hits ECB Target

Euro area inflation rose slightly to hit the European Central Bank's 2 percent target in June on slower fall in energy prices and the rise in services inflation, flash estimate from Eurostat showed on Tuesday. Annual inflation climbed to 2.0 percent in June from 1.9 percent in May. The rate reached the inflation target and also matched economists' expectations.

RTTNews | 1h 29min ago

FTSE 100 Modestly Lower In Cautious Trade As Investors Await U.S. Tariff Moves

The U.K. stock market is modestly lower Tuesday afternoon as investors await Trump administration's moves on trade pacts with major countries in Europe and elsewhere ahead of the July 9 deadline for reciprocal tariffs.

RTTNews | 1h 59min ago

Eurozone Manufacturing Sector Contraction Slows In June

Eurozone manufacturing activity contracted at a slower pace in June as output showed a sustained expansion and total new work stabilized ending a 37-month period of decline, final survey data from S&P Global showed on Tuesday. The HCOB manufacturing Purchasing Managers' Index posted 49.5 in June, up from 49.4 in May. This was the highest score since August 2022.

RTTNews | 2h 4min ago

CAC 40 Drifts Lower As Investors Digest Economic Data, Await Tariff Moves

French stocks are exhibiting weakness on Tuesday amid uncertainty about trade negotiations between the U.S. and major nations in Europe and elsewhere ahead of the July 9 deadline for reciprocal tariffs. Investors are also digesting the region economic data, including reports on eurozone inflation and French manufacturing PMI reading.

RTTNews | 2h 17min ago

EURUSD	1.17942	GBPUSD	1.37232	AUDUSD	0.65722
USDJPY	143.373	USDCAD	1.36426	USDCHF	0.79062

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Nikola To Expand Dealer Network Into Canada For Class 8 Truck Sales And Service Coverage