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Lordstown Motors files for bankruptcy and sues Foxconn

Lordstown Motors files for bankruptcy and sues Foxconn

US electric truck maker Lordstown Motors filed for bankruptcy Tuesday and was put up for sale after failing to resolve a dispute over a promised investment from Taiwan's Foxconn.Lordstown shares fell 35% while trading on the Nasdaq. The company's bankruptcy is not the first among the crop of EV startups to go public during the pandemic era. spac pen. But Lordstown was a high-profile member of that class because he was challenging the core of Detroit's legacy automakers' high-margin pickup truck business, and because of its location.“Lordstown's bankruptcy signals that the days of successful EV startups are in the rear…
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Dolphins’ Braxton Berrios Addresses Sophia Culpo Cheating Allegations, Rumored Romance With TikTok Sensation

Dolphins’ Braxton Berrios Addresses Sophia Culpo Cheating Allegations, Rumored Romance With TikTok Sensation

miami dolphins Wide receiver Braxton Berrios took to Instagram Tuesday to address recent allegations that he cheated on ex-girlfriend Sophia Culpo with influencer Alix Earle, clarifying that the pair mutually split in January.Berríos, who played four seasons with the new york jets Before signing with the Dolphins in March, he posted a video to his Instagram Stories about rumors of his relationship with Earle and his former model's accusations that he was seen with Earle before their breakup was official. Sophia Culpo and Braxton Berrios attend the Retrofete Holiday Pop Up Store Celebration in SoHo on December 8, 2022 in…
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Scammers may have stolen 0 billion in federal Covid relief funds, a new report says

Scammers may have stolen $200 billion in federal Covid relief funds, a new report says

More than $200 billion in Covid relief loans and grants were distributed to potentially fraudulent actors, nearly a fifth of all Small Business Administration funds disbursed in the US, according to a new estimate from the SBA Inspector General.The estimate is the highest yet for the $1.2 trillion released under the SBA Paycheck Protection Program and the Economic Injury Disaster Loan from March 2020 to January 2022, at which time funding for both programs had ended. The figure is based on watchdog casework, previous reports and advanced data analysis. Last year, NBC News reported that fraud at the two programs,…
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Video captures a shark pulling a man overboard in the Florida Everglades

Video captures a shark pulling a man overboard in the Florida Everglades

A terrifying video posted to social media shows a shark pulling a fisherman overboard Friday in the Florida Everglades, according to the National Park Service.A visitor to Everglades National Park reported that he was bitten while washing his hand in the water in Florida Bay, the park said in a statement. He was attended to by a ranger and taken to a hospital. The extent of the man's injuries was not known Tuesday. The statement continued: "While shark bites are extremely rare in Everglades National Park, we always advise visitors to be careful around park wildlife."A park spokesperson confirmed Tuesday…
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