October 27, 2020

Nikola founder faces sexual assault allegations, Ford shakes up C-suite, Trump’s COVID-19 diagnosis threatens an airline recovery

Until a few weeks ago, life looked very good for Trevor Milton. His zero-emissions truck company, Nikola, went public in June and put the 38-year-old on the Forbes 400 Billionaires list with a net worth of $5.5 billion. In September, Nikola announced a deal with General Motors that came with a stock price surge and a hefty dose of credibility.



a man sitting in a car: Allegations against Nikola founder Trevor Milton aren't all related to his company. REUTERS/Massimo Pinca


© REUTERS/Massimo Pinca
Allegations against Nikola founder Trevor Milton aren’t all related to his company. REUTERS/Massimo Pinca

But then, short-seller Hindenburg Research published a lengthy report calling Nikola an “intricate fraud” and accusing Milton of “numerous lies.” A bit more than a week later, Milton resigned as Nikola’s executive chairman and abandoned his seat on its board. 

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The allegations against Milton aren’t all related to his company. On Monday, CNBC reported that an unnamed woman accused Milton of sexually assaulting her when he was 22 and she was

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Founder of nonprofit arrested after brothers, age 9 and 11, are struck and killed

A Southern California community is mourning two brothers, ages 11 and 9, after they were struck and killed by a driver in suburban Los Angeles County, according to authorities.



Two brothers were killed when they were hit by a car, in Westlake Village, Calif., Sept. 29, 2020.


© KABC
Two brothers were killed when they were hit by a car, in Westlake Village, Calif., Sept. 29, 2020.

The children were crossing a street in Westlake Village when they were hit by a driver just after 7 p.m. Tuesday, the Los Angeles County Sheriff’s Department said.



a traffic light at night: Two brothers were killed when they were hit by a car, in Westlake Village, Calif., Sept. 29, 2020.


© KABC
Two brothers were killed when they were hit by a car, in Westlake Village, Calif., Sept. 29, 2020.

The parents were at there at the time, according to the sheriff’s office.

One boy was pronounced dead at the scene. The second boy was taken to a local hospital where he died a few hours later, the sheriff’s office said.



a stop light in a dark room: Two brothers were killed when they were hit by a car, in Westlake Village, Calif., Sept. 29, 2020.


© KABC
Two brothers were killed when they were hit by a

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