Tag: ethical fashion

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Nikola Files for Bankruptcy as Electric-Vehicle Dream Stalls

Electric-vehicle maker Nikola Corp. (NKLA) files for Chapter 11 bankruptcy protection following a turbulent few years marked by fraud allegations, cash flow issues, and executive turnover.

WD Q4 Earnings Top Estimates

Walker & Dunlop reports $44.8 million profit in Q4, with EPS of $1.32 and revenue of $341.5 million. For the year, profit reached $108.2 million, EPS of $3.19, and revenue of $1.13 billion.

Trump's Pick for Commerce Secretary Emphasizes Broad Tariffs

Howard Lutnick, Trump's pick for Commerce secretary, advocates for broad tariffs as a means to address economic issues, including protecting the US's AI lead. Amidst a Feb. 1 deadline for potential tariffs on Canada, Mexico, and China, Lutnick emphasizes the importance of country-by-country, macro-level tariffs over targeted duties and exclusions.