Federal prosecutors allege Mr. Milton took part in a scheme to defraud investors by getting them to purchase shares of Nikola by making false statements about the company’s product and technology development.
Nestlé, Diageo, AB InBev and Danone all said that sales were rising as key markets rebound from the pandemic, but that the recovery was also leading to rapidly increasing costs for ingredients, packaging and transport.
The challenges facing Hollywood are echoed throughout corporate America as a surge due in large part to the highly infectious Delta variant and current vaccination rates raise questions about the ideal timetable and practices for returns to workplaces.
“Industrial policy,” an approach long criticized as inefficient, is being adopted by the U.S. and its allies to directly fund critical sectors such as semiconductors. One spur is the security gap exposed by the pandemic.