Federal News
LORDSTOWN, Ohio (AP) — Lordstown Motors has received an investment of up to $400 million as the struggling electric truck maker continues to push toward production of its new pickup this fall. The Ohio company, which has been under scrutiny over the … [Continue reading] about Hedge fund may invest up to $400M in Lordstown Motors
COLUMBIA, S.C. (AP) — The defense rested without calling any witnesses Monday in the murder trial of a man accused of killing a South Carolina college student who mistakenly got into what she thought was her Uber ride. The judge sent the jury home … [Continue reading] about Defense rests without witnesses in Uber ride murder trial
SAN RAMON, Calif. (AP) — Tesla’s quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer’s ability to navigate through a pandemic-driven computer chip shortage that has caused major headaches for other … [Continue reading] about Tesla reaches milestone with first $1B quarterly profit
NEW YORK (AP) — Bitcoin’s price surged again Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a “digital currency and blockchain product lead.” Bitcoin jumped more than 14% in the past 24 … [Continue reading] about Bitcoin jumps on speculation that Amazon considering crypto
A major financial decision facing almost everyone at some point in their life is when to take Social Security. Not if, but when. It can be a big bucks decision. And the correct answer is, it depends. For some people, Social Security is more like an … [Continue reading] about Social Security: Insurance or investment?
