Finance
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Prosecution rests in Nikola founder Trevor Milton’s fraud trial
Prosecutors rested their federal fraud case against Nikola founder Trevor Milton on Friday after three weeks.
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Daseke announces share buyback following activist’s encouragement
Flatbed carrier Daseke said Friday it would repurchase $40 million in stock, following an April request from an activist investor to do so.
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Prologis’ $26B acquisition of Duke Realty approved by shareholders
Logistics real estate operator Prologis said Wednesday that its planned acquisition of Duke Realty has received shareholder approval.
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Patriot Rail adds track along Mississippi River in latest deal
Patriot Rail Company announced it is acquiring fellow short-line operator Delta Southern Railroad.
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Digital asset TruckCoinSwap promises free invoice settlement, fast pay
“Using the TruckCoinSwap mobile and web apps — and TCS Token — transportation companies can now receive free invoice settlement and get paid sooner. TCS…
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TruckSmarter raises $25M to grow owner-operator ‘ecosystem’
“Their truck-first mentality is the right approach to win the highly fragmented road freight industry,” says a Founders Fund partner on its recent investment.
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Nikola CFO: Milton statements ‘could be inaccurate or exaggerated’
Nikola CFO Kim Brady testified in Trevor Milton’s fraud trial that the founder's statements "could be inaccurate or exaggerated."
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Nikola CEO says company executives tried ‘intervention’ with Trevor Milton
Neither an “intervention” nor changing social media passwords deterred Trevor Milton’s social media frenzy, Nikola’s CEO testifies .
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Nikola CEO testifies Trevor Milton went on ‘blitz’ to attract shareholders
Nikola CEO Mark Russell testified in Trevor Milton’s fraud trial that Milton went on a publicity “blitz” to attract retail investors.
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Axle Payments rebrands as Denim, raises $126M in Series B
Logistics fintech platform Axle Payments announced Thursday a rebranding to Denim after disclosing it has finished its $126 million Series B funding round.
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