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Trevor Milton Must Pay $581K In Fees After Losing Suit Against CNBC And Hindenburg, Court Orders
Trevor Milton Must Pay $581K In Fees After Losing Suit Against CNBC And Hindenburg, Court Orders
Trevor Milton's unsuccessful defamation case against CNBC and Hindenburg Research has ended with another costly setback for the disgraced Nikola founder.
A New Jersey judge ordered the Nikola founder to reimburse CNBC $286,087 in attorneys' fees and litigation expenses after Milton ultimately lost his appeal. Hindenburg Research will also be reimbursed by Milton to the tune of $270,475 in fees, costs of $14,053 and $10,992 in other fees, according to the order, made available on Monday.
Milton's lawsuit...
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Jul 4, 2026 / Tyler Durden
Waste Of The Day: Stolen Education Grants
Waste Of The Day: Stolen Education Grants
Authored by Jeremy Portnoy via RealClearInvestigations,
Topline: A North Dakota woman was convicted last month of five counts of theft for stealing $131,000 in state grants meant for after-school programs.
Key facts: Faith Dixon, 47, was one of the top recipients of $2 million that the North Dakota Department of Public Instruction awarded in October 2021 for its Out of School Time program to support children impacted by school closures during the Covid-19 pandemic.
Her nonprofit, Faith4Hope, instead sent the funds to her then-husband's food stand,...
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Jul 22, 2026 / Tyler Durden
The Money Printers Fueling Socialism's Rise
The Money Printers Fueling Socialism's Rise
Authored by David Stockman via the Brownstone Institute,
Here's a graph the Keynesians, statists, and Wall Street gamblers - yes, we repeat ourselves - would prefer not to explain. At the same time, it also explains why socialism at this late date in history - and after all its abysmal failures the world over - is having some kind of dubious second coming in America.
During the last three decades the national savings rate (red line) has essentially collapsed, having fallen from 6.3% of GDP in...
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Jul 23, 2026 / Tyler Durden
Bulgaria Draws Iranian Warning Over Hosting US Military Tanker Aircraft
Bulgaria Draws Iranian Warning Over Hosting US Military Tanker Aircraft
Bulgaria has for many years during the so-called Global War on Terror been a major Eastern European hub for US and Western weapons shipments as well as military aircraft transfers related to the Middle West.
But now Iran is paying close attention, putting the Bulgarian government on notice over a planned temporary deployment of up to eight American refueling aircraft.
USAF file image
The large military planes are set to be housed at Bezmer Air Base in the NATO country's southeast. It is...
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