bankruptcy

Food & Drink

Hooters Could Be the Next Big Chain to File for Bankruptcy

It seems that another major chain might be ready to bite the dust: Bloomberg reported today that Hooters, the country’s…

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Money

EV Truck Startup Nikola Files for Chapter 11 Bankruptcy

Key Takeaways Electric vehicle startup Nikola on Wednesday filed for Chapter 11 bankruptcy. The company plans to hold an auction…

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Tech

Nikola, Electric Truck Maker, Files for Bankruptcy

Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection…

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Money

Nikola Stock Plunges as EV Truck Maker Reportedly Nears Bankruptcy

KEY TAKEAWAYS Shares of Nikola are tumbling around 33% in early trading Friday on a report by The Wall Street…

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Tech

EV startup Canoo has filed for bankruptcy and stopped all operations

Canoo said on Friday night that it has and “will cease operations effective immediately,” after failing to secure enough funding…

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