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Electric truck maker Nikola revealed late Monday that it was hit with a grand jury subpoena from the Justice Department in September amid accusations that the company has lied about its
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US Virgin Islands authorities will issue subpoenas to Leon Black and his private-equity giant Apollo Global Management, demanding that they fork over details of their ties to pedophile financier Jeffrey Epstein. Black, a billionaire buyout king who is chairman of New York’s Museum of Modern Art, has come under scrutiny for maintaining ties with Epstein …
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BP expects to slash the value of its assets by up to $17.5 billion after predicting the coronavirus pandemic will depress energy prices for years to come. The British energy giant on Monday said it will take billions of dollars in impairment charges and write-offs thanks to the lasting effects of the COVID-19 crisis, which …