Category: Investing and Finance

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Nikola saga hits three speculative areas at once: SPACs, Robinhood traders and electric vehicles

Nikola Motor Company
Source: Nikola Motor Company

In recent months, three story lines have captivated Wall Street: SPACs, electric vehicle companies and the rise of retail traders. The outsized success of the first two, and novice investors entering the market in record numbers, have led some investors to claim this is an indication of froth.…

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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. …

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