Business News and FinanceVIEW IN APPA Facebook iconA Twitter iconA LinkedIn iconAn email iconKEY POINTS announced early Monday that founder  from his roles as executive chairman and a member of its board.The electric truck company said the board accepted Milton's resignation, adding that Stephen Girsky, former vice chairman of and a member of Nikola's board, has been appointed chairman of the board, effective immediately."Nikola is truly in my blood and always will be, and the focus should be on the Company and its world-changing mission, not me," Milton said in a statement....…Business News and FinanceVIEW IN APPA Facebook iconA Twitter iconA LinkedIn iconAn email iconKEY POINTS announced early Monday that founder  from his roles as executive chairman and a member of its board.The electric truck company said the board accepted Milton's resignation, adding that Stephen Girsky, former vice chairman of and a member of Nikola's board, has been appointed chairman of the board, effective immediately."Nikola is truly in my blood and always will be, and the focus should be on the Company and its world-changing mission, not me," Milton said in a statement....WW…

Key PointsIn this articleElectric truck maker Nikola's founder Trevor Milton is stepping down announced early Monday that founder  from his roles as executive chairman and a member of its board. The resignation came 10 days after a short-selling firm accused the company of making "an Ocean of Lies."The stock, which has had volatile swings, plunged 30% in premarket trading Monday. They recovered some of the losses after the opening bell."It's a dark day for Nikola," Wedbush analyst Dan Ives told CNBC's Andrew Ross Sorkin in a "" interview. "Let's call it like it is. Trevor leaving. I...…Key PointsIn this articleElectric truck maker Nikola's founder Trevor Milton is stepping down announced early Monday that founder  from his roles as executive chairman and a member of its board. The resignation came 10 days after a short-selling firm accused the company of making "an Ocean of Lies."The stock, which has had volatile swings, plunged 30% in premarket trading Monday. They recovered some of the losses after the opening bell."It's a dark day for Nikola," Wedbush analyst Dan Ives told CNBC's Andrew Ross Sorkin in a "" interview. "Let's call it like it is. Trevor leaving. I...WW…

Key PointsFormer National Enquirer insider on Jeff Bezos' blackmail accusationsIn a blog headlined "No thank you, Mr. Pecker," Jeff Bezos claims David Pecker's National Enquirer threatened to post sexual pictures that the billionaire  CEO had texted to his mistress, Lauren Sanchez, including a "below the belt selfie."In the published Thursday, Bezos CEO accused AMI, the tabloid's publisher, of blackmail and extortion. He claimed that AMI asked him to publicly deny any political motivation in its coverage of his divorce. but would investigate further."American Media believes fervently...…Key PointsFormer National Enquirer insider on Jeff Bezos' blackmail accusationsIn a blog headlined "No thank you, Mr. Pecker," Jeff Bezos claims David Pecker's National Enquirer threatened to post sexual pictures that the billionaire  CEO had texted to his mistress, Lauren Sanchez, including a "below the belt selfie."In the published Thursday, Bezos CEO accused AMI, the tabloid's publisher, of blackmail and extortion. He claimed that AMI asked him to publicly deny any political motivation in its coverage of his divorce. but would investigate further."American Media believes fervently...WW…

Key PointsDC mayor extends public emergency another 15 days to cover Inauguration DayAt least 50 police officers were injured in the Capitol riot that also killed four people after supporters of President Donald Trump invaded the building to prevent the confirmation of Joe Biden's electoral victory.One woman was shot by a police officer, while another woman and two men died from "medical emergencies," police said. Authorities later identified the woman who was shot as Ashli Babbitt, described in media as a pro-Trump, 35-year-old California native and Air Force veteran."As protesters were...…Key PointsDC mayor extends public emergency another 15 days to cover Inauguration DayAt least 50 police officers were injured in the Capitol riot that also killed four people after supporters of President Donald Trump invaded the building to prevent the confirmation of Joe Biden's electoral victory.One woman was shot by a police officer, while another woman and two men died from "medical emergencies," police said. Authorities later identified the woman who was shot as Ashli Babbitt, described in media as a pro-Trump, 35-year-old California native and Air Force veteran."As protesters were...WW…

Key PointsBernie Madoff, architect of the nation’s biggest investment fraud, dies at 82Bernard Madoff, mastermind of the biggest investment fraud in U.S. history, ripping off tens of thousands of clients of as much as $65 billion, died Wednesday. He was 82.His death at the Federal Medical Center in Butner, North Carolina, was confirmed by the federal Bureau of Prisons.Madoff died apparently from natural causes, the AP reported earlier, citing an unidentified person familiar with the matter. He would have turned 83 on April 29.Madoff was serving a 150-year sentence at the prison, where he...…Key PointsBernie Madoff, architect of the nation’s biggest investment fraud, dies at 82Bernard Madoff, mastermind of the biggest investment fraud in U.S. history, ripping off tens of thousands of clients of as much as $65 billion, died Wednesday. He was 82.His death at the Federal Medical Center in Butner, North Carolina, was confirmed by the federal Bureau of Prisons.Madoff died apparently from natural causes, the AP reported earlier, citing an unidentified person familiar with the matter. He would have turned 83 on April 29.Madoff was serving a 150-year sentence at the prison, where he...WW…

Key PointsRadio pioneer, talk show host Rush Limbaugh dies at age 70Rush Limbaugh, the self-proclaimed "Doctor of Democracy" who led the conservative media revolution by bashing "feminazis," "environmentalist wackos," "commie libs" and prominent Black people — especially former President , died Wednesday. He was 70.His wife announced his death on his radio show."I know that I am most certainly not the Limbaugh that you tuned in to listen to today," Kathryn Limbaugh said. "I, like you, very much wish Rush was behind this golden microphone right now, welcoming you to another exceptional three...…Key PointsRadio pioneer, talk show host Rush Limbaugh dies at age 70Rush Limbaugh, the self-proclaimed "Doctor of Democracy" who led the conservative media revolution by bashing "feminazis," "environmentalist wackos," "commie libs" and prominent Black people — especially former President , died Wednesday. He was 70.His wife announced his death on his radio show."I know that I am most certainly not the Limbaugh that you tuned in to listen to today," Kathryn Limbaugh said. "I, like you, very much wish Rush was behind this golden microphone right now, welcoming you to another exceptional three...WW…

Key PointsSumner Redstone, the media mogul who built his family's drive-in theater chain into a multibillion-dollar empire encompassing CBS and Viacom and later became the center of a jilted lover's lawsuit that nearly cost his family his financial legacy, has died. He was 97.Redstone, who often boasted that he would live forever, died Tuesday, his company announced Wednesday. The statement from National Amusements did not mention the cause of death.Billionaire media mogul Sumner Redstone dead at age 97"My father led an extraordinary life that not only shaped entertainment as we know it...…Key PointsSumner Redstone, the media mogul who built his family's drive-in theater chain into a multibillion-dollar empire encompassing CBS and Viacom and later became the center of a jilted lover's lawsuit that nearly cost his family his financial legacy, has died. He was 97.Redstone, who often boasted that he would live forever, died Tuesday, his company announced Wednesday. The statement from National Amusements did not mention the cause of death.Billionaire media mogul Sumner Redstone dead at age 97"My father led an extraordinary life that not only shaped entertainment as we know it...WW…

Key PointsJack Welch, former chairman and CEO of General Electric, dies at 84Jack Welch, a railroad conductor's son who became chairman and CEO of General Electric and led it for two decades, growing its market value from $12 billion to $410 billion, has died. He was 84.Welch died late Sunday at home, surrounded by his wife, Suzy, and family, and his beloved dogs nearby. The cause of death was renal failure, his wife said Monday.President Donald Trump tweeted his condolences, saying "there was no corporate leader like 'neutron' Jack."With a determination to win by busting up...…Key PointsJack Welch, former chairman and CEO of General Electric, dies at 84Jack Welch, a railroad conductor's son who became chairman and CEO of General Electric and led it for two decades, growing its market value from $12 billion to $410 billion, has died. He was 84.Welch died late Sunday at home, surrounded by his wife, Suzy, and family, and his beloved dogs nearby. The cause of death was renal failure, his wife said Monday.President Donald Trump tweeted his condolences, saying "there was no corporate leader like 'neutron' Jack."With a determination to win by busting up...WW…