Por: MarketWatch Business March 16, 2023
Proterra (ticker: PTRA) has a minimum liquidity covenant associated with its $170 million in convertible debt: Cash balance have to exceed quarterly cash consumption by four times. At the end of the fourth quarter, the covenant was breached. It received a waiver from lenders that extends through the first quarter. The company ended the quarter with roughly $300 million in cash and used about $110 million. If Proterra doesn’t negotiate a... + full article
Portland Press Herald USA Nation August 18, 2023
A Greater Portland Metro representative hands out stickers and candy before an electric Metro bus makes its parade appearance last year. The maker of the buses, Proterra, has filed for bankruptcy just a year after the city’s new EV buses were put into service. Chance Viles... + más
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Fox News USA Politics August 08, 2023
Proterra, the electric bus company repeatedly , filed for bankruptcy Monday, blaming various market headwinds for its financial struggles. The California-based company filed a under the U.S. Bankruptcy Code in the District of Delaware to strengthen its financial position.... + más
Newsweek USA World July 26, 2023
A rare ancient coin dated to the time of the First Jewish Revolt against the Roman Empire has been discovered in the Judean Desert.Researchers found the silver half-shekel coin, which is around 2,000 years old, during a survey carried out in the desert by the Israel Antiquities... + más
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ABC7 USA Sports May 16, 2023
begin Tuesday (8:30 p.m. ET, ), with just four teams remaining in the fight for the NBA title.Of those four teams, however, two made the playoffs through the play-in tournament.The No. 7 seed,who advanced through the play-in tourney, will face the --the No. 1 seed with the... + más
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Forbes USA Business March 27, 2023
Light Bulbs Concept Shining ETHICS, RESPECT, HONESTY and INTEGRITYgetty Previously, I wrote on in some detail, but did not go into the duties the Trustee of a Trust owes to the Trust’s beneficiary. To summarize, a Trust is an agreement written by the owner of the property,... + más
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MarketWatch USA Business March 16, 2023
Proterra (ticker: PTRA) has a minimum liquidity covenant associated with its $170 million in convertible debt: Cash balance have to exceed quarterly cash consumption by four times. At the end of the fourth quarter, the covenant was breached. It received a waiver from lenders... + más
Maker of Maine’s EV buses files for bankruptcy | Portland Press Herald
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ESPN USA Sports January 02, 2023
With just two weeks left in the , the is shaping up. More teams have claimed their spots in the NFC and AFC. However, the race to the playoffs continues as top teams in both conferences are still looking to lock in their spots for the and have a chance to do so in .The clinched... + más
NFL Playoff Scenarios | ABC News
NFL Week 16 playoff picture and clinching scenarios: Bills win AFC East, Ravens clinch playoff berth | ESPN
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