Bloomberg Nikola Corp’s founder and former chair Trevor Milton voted against a proposal by the clean-energy trucking startup that would have authorised new shares to potentially raise capital, throwing the outcome into doubt, according to people familiar with the matter. Milton’s vote led to the decision to immediately adjourn Nikola’s annual shareholder meeting to June 30 so the company ...

More than 100 days of war in Ukraine have not only unleashed multiple political, economic and environmental crises; Vladimir Putin’s invasion has also revived dangerous delusions in the West. A few months ago, acute divisions plagued the United States, the European Union and ties between them. Germany, Europe’s leading nation, had developed a mutually profitable relationship with Russia. Poland, a ...

A “festival of economics” sounds like a contradiction in terms. What next? A bacchanalia of boredom? A celebration of sophistry? Thomas Carlyle dubbed economics “the dismal science” for good reason. Yet Turin’s International Festival of Economics lived up to its billing. Giuseppe Laterza, the festival impresario, got the inspiration of the festival from two sources: the Hay-on-Wye book festival in ...