Acquisition of special purpose, as company “blank check”, Hennessy Capital Acquisition Corp. HCAC, -80% has jumped on the bandwagon of electric cars as it announced a reverse merger with EV maker Canoo Holdings Ltd. The deal will provide $ 600 million in gross revenue to Canoo, which will be used …
Read More »Fortnite vs. Apple: The latest in Epic Games’ App Store battle
Fortnite can feel like a game of milliseconds, and Apple booted the popular online game from its App Store in an equally fast time. And it appears that neither side will shine first in this digital war, the natural conclusion of Epic Games CEO Tim Sweeney’s long-standing battle against Apple’s …
Read More »Kohl’s Falls as results illustrate Stark Divide of Retail
(Bloomberg) – Kohl’s Corp. shares fell as much as 14% after the U.S. retailer posted a quarterly loss and sales declined, a sign of the struggle of many retailers amid pandemic uncertainty. The company’s second-quarter report contrasts sharply with the booming sales figures released Tuesday by Home Depot Inc. and …
Read More »Trump advocates for women’s rights – and sues Michelle Obama
“Well, she has it over her head, and honestly, she should have made the speech live, which she did not,” he said Tuesday when he asked for his response to Obama’s comments, calling her speech ” extremely divisive ‘before quickly turning to talks about drug prices. Obama has often topped …
Read More »Elon Musk becomes 4th richest person in the world after historic stock crash
Former NASA astronaut Leroy Chiao discusses SpaceX launching more Starlink satellites, which aim to increase access to high-speed internet, as well as the growing space industry and its experience as an astronaut. Elon Musk has become the fourth richest person in the world, collecting a fortune worth nearly $ 85 …
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