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Lucid Motors to Acquire Nikola’s Arizona Facilities in $30M Deal

Lucid Motors is set to acquire certain facilities in Arizona previously owned by Nikola, according to Engadget. Nikola, an electric truck maker, filed for bankruptcy earlier this year. The deal, valued at $30 million in cash and non-cash considerations, includes state-of-the-art manufacturing and warehousing buildings, along with specialized equipment. Lucid...

Trump HHS Eliminates Office That Sets Poverty Levels Tied to Benefits for at Least 80 Million People

President Donald Trump's firings at the Department of Health and Human Services included the entire office that sets federal poverty guidelines, which determine whether tens of millions of Americans are eligible for health programs such as Medicaid, food assistance, child care, and other services, former staff said. The small team,...

U.S. Holds Talks With Iran Over Its Nuclear Program

Preliminary diplomatic talks between U.S. and Iranian officials over Iran’s nuclear program ended Saturday with a senior Iranian official calling them “positive” and saying they would resume next week. Depending on what comes next, they could lead to the first official face-to-face negotiations between the two countries since President Donald...

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