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Nikola Issues Fuller Denial of Short Seller Hindenburg’s Claims

Nikola Corp. made a fuller-throated denial of a report last week that claimed the electric-truck maker had deceived investors, accusing a short seller of mischaracterizations and distortions.

September 14, 2020

Hurricane Sally to Hit New Orleans, Alabama Coast

Hurricane Sally will begin hammering the U.S. Gulf Coast with flooding rains late Sept. 14, before making landfall between New Orleans and Mobile, Ala., and potentially causing as much as $3 billion in losses and damage.

September 14, 2020

OPEC Forecasts Lower Demand; BP Sees ‘Peak Oil’ in 2020s

Developing countries’ difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Sept. 14 as it cut its forecasts.

September 14, 2020

Estes Partners With Clean Energy to Expand RNG Vehicle Fleet

Clean Energy Fuels Corp. announced Sept. 9 that Estes Express Lines is adding 50 of its renewable natural gas trucks.

September 11, 2020

Oil Traders Snap Up Tankers in Sign Second-Wave Glut Is Near

Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for monthslong charters so that they can be ready to store excess barrels if necessary.

September 11, 2020

Nikola Slumps After Denial of Short Seller Report

Just days after announcing a $2 billion agreement with General Motors, Nikola Corp. is fighting back against a “short seller” accusing the startup of deception and lying about its electric technology.

September 11, 2020

Tesla Plans to Start Shipping Out Cars Made at Shanghai Gigafactory

Tesla Inc. plans to ship cars made at its Shanghai factory to other countries in Asia and Europe, according to people familiar with the matter, shifting its strategy for the plant to largely focus on supplying the local market.

September 11, 2020

Nikola Disputes Charges of Deception

Nikola Corp. shares fell as much as 13% after Hindenburg Research published a report accusing the startup electric-vehicle maker of “deception” and lying about its technology.

September 10, 2020

Blue States Sue to Stop Trump’s Arctic Refuge Drilling Plan

A group of 15 Democrat-led states sued to block the Trump administration’s decision to sell drilling rights in the Arctic National Wildlife Refuge, alleging the plan fails to account for the danger to wildlife and climate-change impacts.

September 9, 2020