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Lordstown Motors
Lordstown Motors Corporation (LMC) is an American electric vehicle automaker located in Lordstown, Ohio. The company is based at the Lordstown Assembly plant which previously belonged to General Motors. History Lordstown Motors was founded in 2018 by Steve Burns, former CEO of Workhorse Group. On November 7, 2019, Lordstown Motors became the owner of the former GM Lordstown plant, after signing a sales agreement with automaker General Motors in May 2019. GM loaned Lordstown Motors in order to underwrite a substantial part of the plant purchase. In March 2020, Lordstown Motors paid Workhorse Group US$12 million dollars for the licensing rights to the intellectual property of the Workhorse W-15 pickup truck. Lordstown Motors intends on developing its own electric pickup truck based upon Workhorse's preexisting design. As part of the business deal, Workhorse Group was given a 10% equity stake in Lordstown Motors. In October 23, 2020, Lordstown reverse merged with a specia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Irvine, California
Irvine () is a Planned community, master-planned city in South Orange County, California, United States, in the Los Angeles metropolitan area. The Irvine Company started developing the area in the 1960s and the city was formally incorporated on December 28, 1971. The city had a population of 307,670 at the 2020 United States Census, 2020 census. A number of corporations, particularly in the technology and semiconductor sectors, have their national or international headquarters in Irvine. Irvine is also home to several higher education institutions including the University of California, Irvine (UCI), Concordia University Irvine, Concordia University, Irvine Valley College, the Orange County Center of the University of Southern California (USC), and campuses of California State University Fullerton (CSUF), University of La Verne, and Pepperdine University. History The Gabrieleño indigenous group inhabited Irvine about 2,000 years ago. Gaspar de Portolà, a Spanish explorer, cam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vice President Pence In Ohio (50058668927)
A vice is a practice, behaviour, or habit generally considered immoral, sinful, criminal, rude, taboo, depraved, degrading, deviant or perverted in the associated society. In more minor usage, vice can refer to a fault, a negative character trait, a defect, an infirmity, or a bad or unhealthy habit. Vices are usually associated with a transgression in a person's character or temperament rather than their morality. Synonyms for vice include fault, sin, depravity, iniquity, wickedness, and corruption. The antonym of vice is virtue. Etymology The modern English term that best captures its original meaning is the word ''vicious'', which means "full of vice". In this sense, the word ''vice'' comes from the Latin word '' vitium'', meaning "failing or defect". Law enforcement Depending on the country or jurisdiction, vice crimes may or may not be treated as a separate category in the criminal codes. Even in jurisdictions where vice is not explicitly delineated in the legal code, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fisker Inc
Fisker may refer to: People * Henrik Fisker, a Danish-born car designer and businessman based out of Los Angeles, California, US Companies * Fisker Coachbuild (founded 2005), a car design firm based in Orange County, California, US ** Fisker Automotive (2007–2014), a car company, based in Irvine, California, US, formed from a merger of Fisker Coachbuild and Quantum Technologies *** Karma Automotive (founded 2014), a Chinese owned car company based in Irvine, California, US, formed from the assets of Fisker Automotive * Fisker Inc. (founded 2016), a car company, based in Los Angeles, California, US, founded by Henrik Fisker Other uses * Fisker (surname) * Fisker Karma (production 2011-2012), a luxury plug-in hybrid sports sedan produced by Fisker Automotive See also * * * Benetti Fisker 50, the "Fisker 50", a superyacht designed by Henrik Fisker and built by Benetti * VLF Automotive VLF Automotive is a small American-based automotive company formed in January 2016. It was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foxconn
Hon Hai Precision Industry Co., Ltd., trading as Hon Hai Technology Group in China and Taiwan and Foxconn internationally, is a Taiwanese multinational electronics contract manufacturer established in 1974 with headquarters in Tucheng, New Taipei City, Taiwan. In 2021, the company's annual revenue reached () and was ranked 20th in the 2022 Fortune Global 500. It is the world's largest technology manufacturer and service provider. While headquartered in Taiwan, the company is the largest private employer in the People's Republic of China and one of the largest employers worldwide. Terry Gou is the company founder and former chairman. Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Notable products manufactured by Foxconn include the BlackBerry, iPad, iPhone, iPod, Kindle, all Nintendo gaming systems since the GameCube (except subsequent Nintendo DS models), Nokia devices, Sony devices (including the PlayStati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Icahn Enterprises
Icahn Enterprises L.P. is an American conglomerate headquartered at Milton Tower in Sunny Isles Beach, Florida. The company has investments in various industries including energy, automotive, food packaging, metals, real estate and home fashion. The company is controlled by Carl Icahn, who owns 88% of it. History The company was incorporated on February 17, 1987. In 2006, the company sold the Sands Atlantic City hotel in Atlantic City, New Jersey and several of the adjacent lots for $274.8 million to Pinnacle Entertainment. In April 2007, the company sold its American Casino & Entertainment Properties to an affiliate of Goldman Sachs, for $1.3 billion. In September 2007, American Real Estate Partners, another entity controlled by Icahn, merged with the firm and changed its name to Icahn Enterprises L.P. In 2008, the company acquired PSC Metals for $335 million. In February 2016, Icahn Enterprises purchased Trump Entertainment Resorts, which owned the Hard Rock Hotel & Casino ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electrek
''Electrek'' is an American news website dedicated to electric transportation and sustainable energy Energy is sustainable if it "meets the needs of the present without compromising the ability of future generations to meet their own needs". Most definitions of sustainable energy include considerations of environmental aspects such as greenh .... Electrek is known for its extensive, positive coverage of electric transportation in general and Tesla specifically. Their positive coverage of Tesla has been criticized by some automotive journalists. Its main authors have disclosed ownership of Tesla stock, substantial profit from referrals to Tesla, and ownership of Tesla cars. The owner, Seth Weintraub, also disclosed near total divestment from Tesla stock on January 14, 2020. References External links * * American technology news websites Internet properties established in 2012 Transport websites Electric vehicles Sustainable energy Automotive websites {{Ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Securities And Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market manipulation. In addition to the Securities Exchange Act of 1934, which created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act). Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated companies submit quarterly and annual re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad, and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is commonl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Short-selling
In finance, being short in an asset means investing in such a way that the investor will profit if the value of the asset falls. This is the opposite of a more conventional "long" position, where the investor will profit if the value of the asset rises. There are a number of ways of achieving a short position. The most fundamental method is "physical" selling short or short-selling, which involves borrowing assets (often securities such as shares or bonds) and selling them. The investor will later purchase the same number of the same type of securities in order to return them to the lender. If the price has fallen in the meantime, the investor will have made a profit equal to the difference. Conversely, if the price has risen then the investor will bear a loss. The short seller must usually pay a fee to borrow the securities (charged at a particular rate over time, similar to an interest payment), and reimburse the lender for any cash returns such as dividends that were du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hindenburg Research
Hindenburg Research LLC is an investment research firm with a focus on activist short-selling founded by Nathan Anderson in 2017 and based in New York City. Named after the 1937 Hindenburg disaster, which they characterize as a human-made avoidable disaster, the firm generates public reports via its website that allege corporate fraud and malfeasance. Companies that have been the subjects of their reports include Adani Group, Nikola, Clover Health, Kandi, and Lordstown Motors. These reports also feature defenses of the practice of short-selling and how it "play a critical role in exposing fraud and protecting investors" while holding short positions in the company before publishing reports. Operations Hindenburg Research prepares its investigation report on a target company in six or more months by going through its public records and internal corporate documents, as well as talking to its employees. The report is then circulated to Hindenburg's limited partners, who, together w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WFMJ-TV
WFMJ-TV (channel 21) is a television station in Youngstown, Ohio, United States, affiliated with NBC and The CW. The station is locally owned by the Maag family. WFMJ-TV's studios are located on West Boardman Street in downtown Youngstown, and its transmitter is based in the city's Lansingville neighborhood. From its inception until 2019, the station was owned by the Vindicator Printing Company, former publisher of Youngstown's lone newspaper, ''The Vindicator.'' On September 1, 2019; the Maags sold ''The Vindicator'' to Ogden Newspapers, which now operates it as an edition of the '' Tribune Chronicle'' in Warren. The Maags retained WFMJ-TV. History The station was founded by William F. Maag, Jr., publisher of the ''Vindicator'', and went on the air for the first time on March 11, 1953 on channel 73. The station was owned alongside WFMJ radio (1390 AM, now WNIO, and 105.1 FM, now WQXK). WFMJ-TV has always been an NBC affiliate owing to its radio sister's long affiliation wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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