INSIDER
Murray and Jokic help Nuggets hand Celtics their first loss at home this season, 102-100
Read full article: Murray and Jokic help Nuggets hand Celtics their first loss at home this season, 102-100Jamal Murray scored 35 points, Nikola Jokic finished with 34 and the Denver Nuggets held on to hand the Boston Celtics their first home loss of the season 102-100.
Lawyers insist Nikola founder shouldn't face prison time for fraud โ unlike Elizabeth Holmes
Read full article: Lawyers insist Nikola founder shouldn't face prison time for fraud โ unlike Elizabeth HolmesLawyers for the founder of truckmaker Nikola Corp. say he should not face incarceration because his criminal conviction is nothing like what landed Theranos founder Elizabeth Holmes in prison.
Nuggets' 2-man game of Nikola Jokic and Jamal Murral is setting new pick-and-roll standard in NBA
Read full article: Nuggets' 2-man game of Nikola Jokic and Jamal Murral is setting new pick-and-roll standard in NBAThe Denver Nuggets' playoff run has been fueled by the two-man game of Nikola Jokic and Jamal Murray.
Murray's big fourth quarter propels Nuggets past Lakers 108-103 for 2-0 lead in West finals
Read full article: Murray's big fourth quarter propels Nuggets past Lakers 108-103 for 2-0 lead in West finalsJamal Murray scored 23 of his 37 points in the fourth quarter, propelling the Denver Nuggets to a 108-103 come-from-behind win over the Los Angeles Lakers for a 2-0 lead in the Western Conference finals.
Murray, Jokic lead charge as Nuggets beat Lakers 122-109
Read full article: Murray, Jokic lead charge as Nuggets beat Lakers 122-109Jamal Murray scored a season-high 34 points, Nikola Jokic recorded his 11th triple-double of the season and the Denver Nuggets beat the Los Angeles Lakers 122-109 on Monday night in a game where LeBron James sat out due to a sore left ankle.
Grand jury indicts founder of electric carmaker Nikola on 3 counts of fraud
Read full article: Grand jury indicts founder of electric carmaker Nikola on 3 counts of fraudThe founder and one-time executive chair of Nikola Corp. was freed on $100 million bail Thursday after pleading not guilty to charges alleging he lied about the electric and hydrogen-powered truck startup, duping novice investors including some financially struggling people looking for income during the pandemic.
A very rare NBA day: Curry, Jokic score 50 in losses
Read full article: A very rare NBA day: Curry, Jokic score 50 in lossesGolden State Warriors' Stephen Curry instructs teammates during an offensive possession in the second half of an NBA basketball game against the Dallas Mavericks in Dallas, Saturday, Feb. 6, 2021. (AP Photo/Tony Gutierrez)Stephen Curry and Nikola Jokic were part of history Saturday. The NBA had two 50-point scorers in losing efforts on the same day for only the third time. Jokic scored 50 points in Denverโs loss to Sacramento, and Curry scored 57 points as Golden State fell in Dallas. There have been five 50-point efforts in the NBA so far this season, including Curryโs season-high, 62-point in the win over Portland.
GM rethinks planned stake in electric vehicle maker Nikola
Read full article: GM rethinks planned stake in electric vehicle maker NikolaNEW YORK โ General Motors will not be taking a stake in the electric vehicle company Nikola, and the company said Monday that it was scuttling one of its marquee vehicles, an electric and hydrogen-powered pickup, after GM pulled technological support from the project. Nikola on Monday released updated terms between the companies for a supply agreement related to GM's fuel-cell system, replacing an agreement signed in September. That deal would have given GM an 11% stake in Nikola. He said the new memorandum of understanding will help Nikola produce its commercial trucks, and help GM commercialize its fuel cell technology. GM will still be part of a global supply agreement that would integrate GMโs Hydrotec fuel-cell system into Nikolaโs commercial semi-trucks.
General Motors, Nikola partner for Hydrotec fuel cell system in semi trucks
Read full article: General Motors, Nikola partner for Hydrotec fuel cell system in semi trucksDETROIT โ General Motors announced Monday it has signed a non-binding memorandum of understanding with Nikola Corporation for a global supply agreement to provide its Hydrotec fuel cell system for Nikolaโs Class 7/8 semi-trucks. โThis supply agreement recognizes our leading fuel cell technology expertise and development,โ said Doug Parks, GM executive vice president of Global Product Development, Purchasing and Supply Chain. GM and Nikola will discuss the appropriate scope of services that GM would provide for the integration of the fuel cell system into Nikolaโs vehicles. GM and Nikola will also discuss the potential of a supply agreement for GMโs versatile Ultium battery system for Nikolaโs Class 7/8 trucks. GMโs Hydrotec fuel cell system will be engineered at its Michigan technical facilities in Pontiac and Warren and manufactured at its Brownstown Charter Township battery assembly plant.
ClickOnDetroit NIGHTSIDE REPORT --Monday, Sept. 21, 2020
Read full article: ClickOnDetroit NIGHTSIDE REPORT --Monday, Sept. 21, 2020WATCH Local 4 News at 11Metro Detroit weather: Above normal temperatures expected this weekSummerโs last stand, officially, is Tuesday. Thereโs still plenty of above normal temperatures that lie ahead. The 2020 NAIAS was canceled in late March due to coronavirus (COVID-19). The TCF Center was turned into a temporary hospital amid the coronavirus (COVID-19) outbreak. A Metro Detroit author started a home school when the coronavirus (COVID-19) pandemic first hit, but the focus is not on math or English.
Nikola founder steps down amid fraud claim right after General Motors deal
Read full article: Nikola founder steps down amid fraud claim right after General Motors dealDETROIT โ A couple of weeks ago, General Motors traded production capacity for $2 billion worth of Nikola stock. The fraud claim comes from the hedge fund, largely against 39-year-old Nikola founder Trevor Milton. On Sept. 8, he announced his deal with General Motors. The next day, the hedge fund made its claim, which brought the Securities and Exchange Commission into the situation. โWe acknowledge Trevor Miltonโs departure from Nikola and the decision of the Nikola board to move forward,โ General Motors officials said in a statement.
Founder of GM electric truck partner quits amid allegations
Read full article: Founder of GM electric truck partner quits amid allegationsFRANKFURT โ Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid allegations of fraud - just two weeks after signing a $2 billion partnership with General Motors. Under the partnership announced with GM, the Detroit-based automaker would take an 11% ownership stake in Nikola and would engineer and build Nikolaโs Badger hydrogen fuel cell and electric pickup truck. In exchange for the 10-year deal, GM was to get $2 billion worth of Nikolaโs newly issued common stock that will come in three increments through 2025. GM has been under pressure from Wall Street to more quickly exploit its electric vehicle technology, while the GM deal gave the startup added credibility, according to analysts. Under the deal, Nikola will be responsible for the sales and marketing of the Badger, built on GMโs new battery electric truck underpinnings and using GM fuel cell and battery technology.
ClickOnDetroit Morning Briefing -- Sept. 8, 2020
Read full article: ClickOnDetroit Morning Briefing -- Sept. 8, 2020Power outages reported in SE Michigan on first day of virtual schoolThere are several thousand people without power Tuesday morning in southeastern Michigan, further complicating the virtual start to the school year for families. Nearly 50,000 Detroit public schools students to start school -- What will the fall semester look like? On Tuesday morning, parents and students are going to get a first look at what this fall semester is going to be like. First day of school in Michigan: Follow updates hereIts the first day of the fall school semester Tuesday in many Michigan school districts. This year, everything will be quite different for a lot of Michigan students, teachers and parents as children stay home for virtual learning amid the COVID-19 pandemic.
General Motors makes $2 billion investment in electric car company working on trucks
Read full article: General Motors makes $2 billion investment in electric car company working on trucksDETROIT General Motors is making a massive pledge for the future of electronic vehicles, announcing a $2 billion investment in Nikola, an electric car company working on trucks. GM has the infrastructure for an electric truck, and so far, its planning two different brands. But the company is also hedging its bets in the electric vehicle space. GM has a truck platform that is perfectly suited for what Nikola needs, Abuelsamid said. Another unique note about Nikola: The company is working on hydrogen-powered electric trucks.