Blog Archives

Nikola founder Trevor Milton to voluntarily step down as executive chairman; stock plunges

Trevor Milton CEO of Nikola
Massimo Pinca | Reuters

Nikola announced early Monday that founder Trevor Milton is voluntarily stepping down from his roles as executive chairman and a member of its board. The resignation came 10 days after a short-selling firm accused the company of making “an Ocean of Lies.”

The stock, which has had volatile swings, plunged 30% in premarket trading Monday.

The electric truck maker said the board accepted Milton’s resignation, adding that Stephen Girsky, former vice chairman of General Motors and a member of Nikola’s board, has been appointed chairman of the board, effective immediately.

“Nikola is truly in my blood and always will be, and the focus should be on the Company and its world-changing mission, not me,” Milton said in a statement...

Read More

Meet The Navy’s First Women Combat Aviators To Be Deployed On Warships

Sub Lieutenant Kumudini Tyagi (right) and Sub Lieutenant Riti Singh (left).

Highlights

  • The two will be the first women officers to be deployed on Navy warships
  • They are training to operate a host of sensors on Navy’s helicopters
  • IAF has also shortlisted a woman pilot to operate its fleet of Rafales

New Delhi:

In a move that will redefine gender equality in the Indian Navy, Sub Lieutenant Kumudini Tyagi and Sub Lieutenant Riti Singh will be the first women officers who will be deployed on Navy warships as part of the ship’s crew...

Read More

This Is the First Step to Decluttering a Really Big Mess

Small and frequent tidying-up sessions will go a long way towards keeping your home in a state of controlled and clutter-free calm. But simplifying your relationship to clutter is about more than knick-knacks and old t-shirts. Because most everyone has a “monster zone” at home that’s absolutely stuffed full of possessions you’re unconsciously hanging on to.

I can’t tell you what that space is in your home, but it should be somewhat obvious. It might be a closet, or your attic, or the basement, or a space under your bed...

Read More

‘Schitt’s Creek’ has record-setting Emmy sweep, while HBO scores big with ‘Watchmen,’ ‘Succession’

Dan Levy congratulates fellow “Schitt’s Creek” star Annie Murphy on her Emmy win for best supporting actress in a comedy series.
ABC | Walt Disney Television | Getty Images

Emmy history was made on Sunday when Pop TV darling “Schitt’s Creek” swept the comedy category’s seven major awards during the 72nd Primetime Emmy Award Show, a first for the Hollywood event.

Catherine O’Hara and Eugene Levy took home the awards for best lead actress and best lead actress in a comedy series. Dan Levy and Annie Murphy won for best supporting actor and best supporting actress in a comedy. Dan Levy garnered the top prize for writing for a comedy series. He also won the award for best direction of a comedy alongside Andrew Cividino...

Read More

Richa Chadha, “Dragged” Into Anurag Kashyap Row, Takes Legal Action

Richa Chadha Will Take Legal Action After Being 'Falsely Dragged' Into Anurag Kashyap Controversy

Richa Chadha shared this pic (courtesy therichachadha)

Highlights

  • Richa released a statement in connection with the Anurag Kashyap row
  • Richa Chadha will be taking legal action in the matter
  • “No woman should misuse their liberties,” said her statement

New Delhi:

Actress Richa Chadha has released a statement made on behalf by her lawyer after being named in a controversy that blew up over the weekend on alleged sexual harassment by filmmaker Anurag Kashyap. The statement says Ms Chadha “condemns the act of her name being unnecessarily and falsely dragged in a derogatory manner into controversies and allegations being recently raised by third parties” and that she will be taking legal action...

Read More

Dow futures sink 500 points, adding to the market’s 3-week losing streak

People visit the Charging Bull Statue during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 25, 2020.
Tayfun Coskun | Anadolu Agency | Getty Images

U.S. stock futures fell sharply early Monday, as uncertainty over the future of the U.S. Supreme Court and the possibility of additional stimulus rattled investors.

Dow Jones Industrial Average futures indicated an opening drop of more than 300 points. S&P 500 futures and Nasdaq 100 futures were also solidly in the red.

The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all fell for a third straight week. That marks the market’s longest weekly slide since 2019.

Those declines came as tech shares — which led the broader market off its coronavirus lows and into record territory — struggled...

Read More

2 Women Officers To Be Posted On Indian Navy Warship In Historic First

2 Women Officers To Be Posted On Indian Navy Warship In Historic First

Sub Lieutenant Kumudini Tyagi and Sub Lieutenant Riti Singh.

Highlights

  • The two will be the first women officers to be deployed on Navy warships
  • They are training to operate a host of sensors on Navy’s helicopters
  • IAF has also shortlisted a woman pilot to operate its fleet of Rafales

New Delhi:

In a move that will redefine gender equality in the Indian Navy, Sub Lieutenant Kumudini Tyagi and Sub Lieutenant Riti Singh will be the first women officers who will be deployed on Navy warships as part of the ship’s crew...

Read More

China releases details on its own blacklist, raising uncertainty for foreign businesses

The skyline of the central business district in Beijing on August 13, 2019. (Photo by WANG Zhao / AFP) (Photo credit should read
WANG ZHAO | AFP | Getty Images

BEIJING — The Chinese government is stepping up pressure on foreign businesses not to run afoul of Beijing, as the White House continues to target some of the Asian giant’s largest technology companies. 

China’s Ministry of Commerce released long-awaited provisions on its so-called “unreliable entity list” over the weekend. The vaguely worded document mirrors the U.S. Commerce Department’s entity list that restricts named companies from accessing items originating in the U.S. 

“Beijing will likely name at least one US company to the (unreliable entity list) between now and year-end – possibly even in coming days – ...

Read More

“Some Fear Control Slipping Away”: PM’s Dig At Opposition On Farm Bills

PM Narendra Modi said changes needed in farm sector to go forward in 21st Century.

New Delhi:

Prime Minister Narendra Modi today said the proposed farming laws at the centre of a massive controversy are “historic and necessary” for the country to move forward. In an attack on the opposition, he also indicated that they are the architects of the controversy, instigating farmers with lies as they “feel control slipping away”.

In a video address to the people of Bihar at a programme to lay the foundation of nine highway projects, PM Modi said farmers in several states have been reaping rewards from the new system after the farm ordinances were issued in June.

The government, he said, is getting ground reports of the “many benefits”...

Read More

ByteDance says it will own 80% of TikTok Global, contradicts Trump’s claims deal has ‘nothing to do with China’

This photo illustration taken on September 14, 2020 shows the logo of the social network application TikTok (L) and a US flag (R) shown on the screens of two laptops in Beijing.
Nicolas Asfouri | AFP | Getty Images

GUANGZHOU, China — Beijing-based ByteDance said it would own a majority stake in the new TikTok Global in the U.S., appearing to contradict President Donald Trump’s claims the deal has “nothing to do with China.”

On Saturday, Trump gave his blessing to a deal that would see Oracle and Walmart take a minority stake in a U.S.-headquartered company called TikTok Global. Oracle would become the secure cloud provider and host American users’ data in the country. 

“It’ll be a brand new company...

Read More