Nikola founder Trevor Milton sentenced to 4 years in prison

Nikola founder Trevor Milton sentenced to 4 years in prison

Nikola founder Trevor Milton was sentenced Monday to four years in prison in connection to defrauding investors of the embattled electric- and hydrogen-powered truck maker. Milton also was fined $1 million and could later be forced to forfeit property as part of his sentence. The punishment was far lower than the 11 years prosecutors had … Read more

Why the Airbus A380 superjumbo jet is making an unlikely comeback

Why the Airbus A380 superjumbo jet is making an unlikely comeback

The Airbus A380 made its first commercial flight in 2007. When it debuted, it overtook the long-reigning Boeing 747 as the world’s biggest passenger plane. It has four engines and is a full double-decker that can carry more than 800 people depending on an airline’s cabin layout. The plane’s large number of seats was seen … Read more

How Houthi attacks in Red Sea threaten global supply chain

How Houthi attacks in Red Sea threaten global supply chain

A container ship sails through the new section of the Suez Canal in the Egyptian port city of Ismailia, 135 kms northeast of the capital Cairo on October 10, 2019. Khaled Desouki | AFP | Getty Images Attacks by Iran-backed Houthi militants on ships in the Red Sea have already rocked global trade. And there … Read more