Nikola is resetting investor expectations following fraud claims involving the company's technologies and its founder, Trevor Milton, who resigned as executive chairman last week.
The moves are just the first steps that Fater Belbachir, who joined Citigroup from Barclays last month to jump-start the firm's equities business, is expected to take.
Armenian President Armen Sarkissian issued a stern warning to the international community on Wednesday, as tensions flare between Armenia and Azerbaijan.
"Where I come out as a businessman, I will take the devil I know over the devil I don't know anytime of the week," BET founder Robert Johnson told CNBC.
Hardly a minute went by in the debate without one of the candidates angrily interrupting the other, whether on the coronavirus pandemic, the Supreme Court or the economy.
Jeep has a heritage and reputation other automakers would beg, borrow and steal for. Being solely a maker of SUVs and now a pickup truck, it is in a great position for today's market. But rivals are growing, and Jeep is trying to stay ahead.
Prolonged closures of Disney's California theme parks and limited attendance at its open parks have led the company to lay off 28,000 employees across its parks, experiences and consumer products segment.
With many families working and studying at home, “schoolcations” are enticing travelers with promises of tutoring, round-the-clock tech help and after-school activities that are more fun than what's available back home.
Carlos Ghosn, the scandal-hitformer Nissan CEO who fled trial in Japan, is launching a business training program to help spark economic recovery in his native, crisis-hit Lebanon.
As China's leaders get ready to release their national development plan for the next five years, some government advisors emphasize the priority is building up China's domestic strength.