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Wilmington nonprofits raising money for 'A Community Thrives'

Wilmington nonprofits raising money for 'A Community Thrives'
starnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from starnewsonline.com Daily Mail and Mail on Sunday newspapers.

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Electric chassis maker Xos Trucks agrees to $575M SPAC merger

Electric chassis maker Xos Trucks agrees to $575M SPAC merger
Surging investor interest in electric vehicles sets stage to bring startup public
2,097 3 minutes read
Xos Trucks is heading for public trading via a reverse merger that expects the company to have a $2 billion valuation. (Photo: Xos Trucks)
Electric truck chassis maker Xos Trucks is going public with blank check backing from a special purpose acquisition company (SPAC). Xos will merge with NextGen Acquisition Corp. at an implied market capitalization of $2 billion.
North Hollywood, California-based Xos will get $575 million raised by NextGen (NASDAQ:NGAC) . NextGen raised $335 million through an initial public offering in which investors gave NextGen a “blank check” to pursue a merger. Another additional $220 million came via a private investment in public equity (PIPE). ....

United States , North Hollywood , Robert Ferber , Kingsley Afemikhe , Morgan Olson , George Mattson , Giodano Sordoni , Thompson Truck Centers , Sachs Co , Toyota Motor Corp , Perkinelmer Inc , Carlyle Group , Nextgen Acquisition Corp , Nikola Corp , United Parcel Service , Japan Hino Motors Ltd , Xos Trucks , Nextgen Acquisition , California Based Xos , Hino Motors Ltd , Toyota Motor , Thompson Machinery , Thor Motor Coach , Chief Technology Officer Robert Ferber , Chief Financial Officer Kingsley Afemikhe , Gregory Summe ,

A police crackdown in a Black neighborhood paved the way for a Jewish resurgence

Editor’s note: In observance of Martin Luther King Jr. Day, the Forward is resurfacing some of our recent coverage related to the Black-Jewish experience and racial justice. This article originally appeared in July, 2020.
If you want to come to grips with the way race, injustice and real estate intertwine in America today, a good place to start is on Corning Street, a few hundred feet away from the 10 Freeway on the edge of the Westside of Los Angeles.
Corning Street looks and feels like it hasn’t changed since the 1950s. Boxy apartment buildings with names like Desert Sands. Humble Spanish-style bungalows with stained-glass bay windows. An alley behind them claimed as a pedestrian thoroughfare by working moms. A tamale cart, competing fruit stands, and an omnipresent produce truck that jingles “La Cucaracha” as it rounds the corner. ....

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