Browsing: bankruptcy

Hydrogen electric truck Nikola Corp. Filed for Chapter 11 Bankruptcy Protection Wednesday, after failing to find a buyer or secure additional funds for business maintenance. Nikola…

Seven-year-old electric vehicle startup Canoo filed for bankruptcy and will “Stop the business immediately.” The company is liquidating its assets in a Chapter 7 proceeding in…

Fisker Group Inc., the EV startup founded by famed designer Henrik Fisker, has filed for Chapter 11 bankruptcy protection — the culmination of months of problems…

Fisker is just days into its Chapter 11 bankruptcy, and the battle for its assets has already charged, with a lawyer claiming the startup is liquidating…

Fisker has been facing “potential financial distress” since last August, according to a new filing in Chapter 11 bankruptcy proceedings the EV startup filed earlier this…

Two years ago, an employee at Fisker Inc. told me that the most pressing concern at the EV startup wasn’t whether its Ocean SUV would be…

The outlook for troubled banking startup Synapse has gone from bad to worse this week after a United States administrator filed for emergency relief on Wednesday.…

Apple on Thursday reported a 10% drop in iPhone sales for the second fiscal quarter, down from $51.33 billion to $45.96 billion, year over year. The…

Hubble Network became the first company in history to create a direct-to-satellite Bluetooth connection — a critical technology validation for the company, potentially opening the door…

Fisker says it plans more layoffs less than two months after cutting 15 percent of its workforce as the EV startup tries to raise cash to…