Lordstown Motors confirms DOJ probe into SPAC deal and preorders

Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors’ assembly plant in Ohio. Michael Wayland / CNBC Embattled electric vehicle start-up Lordstown Motors has confirmed the Justice Department is investigating its business, including the SPAC deal that brought the company public last …

Sq. is constructing a decentralized monetary enterprise with Bitcoin

Jack Dorsey creator, co-founder and chairman of Twitter and co-founder and CEO of Square arrives on stage at the Bitcoin 2021 Convention, a cryptocurrency conference held at the Mana Convention Center in Wynwood, Miami on June 4, 2021. Florida. Joe Raedle | Getty Images Payment company Square launches a business that focuses on “decentralized financial …

The Phoenix Suns enviornment will likely be referred to as the Footprint Middle

Footprint Center outside Source: Suns Legacy Partners & Footprint The Phoenix Suns have a new arena name after agreeing terms and conditions with engineering company Footprint, the parties announced on Friday. The downtown Phoenix complex will be called the Footprint Center. Footprint is an environmentally conscious technology company that aims to eliminate single-use plastic. The …

Retailers welcome attire inflation after a stagnant decade

Retired retail manager Terry Lundgren told CNBC on Friday that rising inflation will not be a stress point in the apparel market. Lundgren, former chairman and CEO of Macy’s, said the industry is indeed welcoming a “modest” 5% increase in consumer prices after a decade of “nonexistent” apparel inflation. “This is not a big problem …

AMC settles ‘Strolling Lifeless’ lawsuit with filmmaker Frank Darabont for $ 200 million

Wanderer from “The Walking Dead” Source: AMC AMC Networks has resolved a lengthy legal battle with filmmaker Frank Darabont and the Creative Artists Agency for $ 200 million over the cable owner’s longtime zombie series “The Walking Dead.” That deal comes less than a month before the start of the series’ eleventh and final season. …

Why the most important wage increase after the pandemic is staff

Businesses across the country are in dire need of workers as economic reopening collides with a tight labor market, but the boom in wage growth for manual workers is ahead of the pandemic. Donna Kauffman, co-owner of a landscaping and construction company in Colleyville, Texas, said a tight labor market had raised her starting wage …

Navy spouses remedy the unemployment problem with a small enterprise

Supporting a family while your spouse is in the military is not easy. Because military families typically move every two to three years, the spouses are constantly on the move, making it difficult to keep a steady job and pursue a career. “You never know what will happen, you never knew when to move or …

Uni withdraws supply from a scholar for racist abuse by the English trio

England striker Jadon Sancho (C) is comforted by his teammates after missing a penalty in the UEFA EURO 2020 final between Italy and England at Wembley Stadium in London on July 11, 2021. Laurence Griffiths | AFP | Getty Images A university withdrew an offer from a student after racist abuse against English players after …

Pictures present catastrophic floods in Western Europe

ENSIVAL, BELGIUM – JULY 16: Citizens evacuate their flood damaged homes on July 16, 2021 in Ensival, Belgium. Olivier Matthys | Getty Images News | Getty Images Heavy rains and floods have wreaked havoc in parts of Western Europe, and rescue workers are currently trying to prevent further damage. The death toll rose to over …

Covid deaths on the rise once more within the U.S. after weeks of decline, CDC says

Deaths from the coronavirus are increasing again as the delta variant rips through unvaccinated pockets of the country, the director of the Centers for Disease Control and Prevention said Friday. “After weeks of declines, seven-day average daily deaths have increased by 26% to 211 per day,” Dr. Rochelle Walensky said during a press briefing. New …