Friday, May 14, 2021

Fact Check

No, this isn’t a real Exxon gas station sign

If Your Time is shortThis image was fabricated online.See the sources for this fact-checkGasoline shortages are affecting some gas stations around the country and...

Magnet Videos Refuel Bogus Claim of Vaccine Microchips

SciCheck Digest The ingredients in the COVID-19 vaccines authorized for use in the U.S. are publicly available. Yet a false claim that the vaccines contain...

Misinformation surges amid India’s COVID-19 calamity

NEW DELHI (AP) — The man in the WhatsApp video says he has seen it work himself: A few drops of lemon juice in...

No, this isn’t a photo of South Carolinians who filled plastic bags with gas

If Your Time is shortA photo of plastic bags filled with gas is from a 2019 arrest in Mexico, not the United States in...

The unwitting are the target of COVID-19 falsehoods online

Dr. Michelle Rockwell lost a pregnancy in December and shared her heartache with her 30,000 Instagram followers. Weeks later, she received the COVID-19 vaccine...

No, this video doesn’t show a woman filling bags with gas because of the pipeline disruption

If Your Time is shortThis video first appeared online two years ago.See the sources for this fact-check"Do not fill plastic bags with gasoline," the...

US Politics
Latest

Stefanik voted in as House GOP’s new No. 3 leader

After the vote concluded, Stefanik walked to speak to reporters with House Minority Leader Kevin McCarthy and other members of the leadership team by...

Jenner’s claim she didn’t vote at odds with LA county record

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Michigan Republican wants to register fact-checkers

LANSING, Mich. (AP) — A Michigan Republican known for challenging the results of the 2020 presidential election has turned his attention to those who...

Cicilline seeks to censure Republicans who dismiss Jan. 6 insurrection

He specifically pointed to recent comments made by GOP Reps. Andrew Clyde (Ga.), Jody Hice (Ga.) and Paul Gosar (Ariz.). The resolution may face...

New York approves vaccinations of kids aged 12 to 15

ALBANY, N.Y. (AP) — Children between the ages of 12 and 15 can get vaccinated in New York effective immediately, Gov. Andrew Cuomo said...

LGBTQ

Ellen lashes out at “misogynistic” & “coordinated” attacks. She’s finished being kind. / LGBTQ Nation

Ellen DeGeneres at the 41st Annual People's Choice Awards held at the Nokia L.A. Live Theatre in Los Angeles on January 7, 2015.Photo: ShutterstockEllen...

Mother exorcises “foul spirits” from gay teen’s room in viral video / LGBTQ Nation

The gay teen's mom banishing Satan from her roomPhoto: Screenshot/TikTokA video of a Christian mother exorcising her gay daughter’s room has gone viral. “If you’re...

Is climate change an LGBTQ issue? Let’s find out on this week’s podcast. / LGBTQ Nation

The latest episode of the LGBTQ Nation podcast has arrived and we’re figuring out whether climate change is an LGBTQ issue. On this week’s episode, host...

Tech

EU to discuss US vaccine patent plan at Friday summit

BRUSSELS (AP) — European Union leaders said Thursday that in the wake of the U.S. backing patent waivers for COVID-19 vaccine technology, the 27-nation...

Streaming revenue boosts ViacomCBS Q1 results

ViacomCBS’s first-quarter net income beat expectations on strong streaming revenue during a quarter when the company aired the Super Bowl and introduced its rebranded...

Late taxes another troubling sign for electric truck startup

Must read

Stefanik voted in as House GOP’s new No. 3 leader

After the vote concluded, Stefanik walked to speak to reporters with House Minority Leader Kevin McCarthy and other members of the leadership team by...

EU to discuss US vaccine patent plan at Friday summit

BRUSSELS (AP) — European Union leaders said Thursday that in the wake of the U.S. backing patent waivers for COVID-19 vaccine technology, the 27-nation...

Jenner’s claim she didn’t vote at odds with LA county record

SACRAMENTO, Calif. (AP) — Caitlyn Jenner wants to be governor of California but she took a pass on voting on some of the state’s...

US advisers endorse Pfizer COVID shot for kids 12 and up

U.S. health advisers endorsed use of Pfizer’s COVID-19 vaccine in kids as young as 12 on Wednesday — just as planned new guidelines say...

CLEVELAND (AP) — The failure of an Ohio-based electric truck startup to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year.

Lordstown Motors Corp. stock has plummeted from nearly $31 a share on Feb. 11 to just over $10 on Tuesday in the wake of a U.S. Securities and Exchange Commission inquiry and the filing of four potential class-action lawsuits by investors who claim they have been defrauded.

The company appeared to be primed for success last June during a showcase event at the massive former GM plant outside Youngstown, Ohio. Then-Vice President Mike Pence sat in the passenger seat of an Endurance prototype as it rolled onto a stage to hearty applause. Noisy, colorfully lit robots building nothing gyrated nearby.

The first drip of bad news came in January when an Endurance pickup truck prototype caught fire 10 minutes into its initial test drive in Michigan. A company spokesperson issued a statement afterward saying, “No one was hurt, and like all of our test findings, we do it to create a great product.”

Spokesperson Ryan Hallet said Tuesday the non-payment, initially reported by the Tribune Chronicle in Warren, was an “unfortunate administrative error” and that the company is in the process of paying the taxes and a 10% penalty of around $57,000.

Company officials announced in January it had received more than 100,000 pre-orders for the Endurance and production was scheduled to begin this September, which critics claim is untrue.

Lordstown Motors CEO Steve Burns acknowledged during an earnings call in March that the SEC was conducting an inquiry based on a lengthy and hyper-critical report by the investment firm Hindenburg Research, which holds a short position on Lordstown Motors stock.

The shareholder lawsuits filed in federal court in Youngstown are largely based on the Hindenburg Research report, which says Lordstown Motors has “no revenue and no sellable product” and has “misled investors on both its demand and production capabilities.”

The report and lawsuits say production of the Endurance is three to four years away based on information provided by a former employee.

Investors, business partners and former employees contend “the company’s orders are largely fictitious and used as a prop to raise capital and confer legitimacy,” one of the lawsuits claims.

A $735 million deal for 14,000 trucks the company announced earlier this year involved a purported buyer that doesn’t operate a vehicle fleet and is based out of a small apartment building in Texas, according to the Hindenburg report.

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Latest article

Stefanik voted in as House GOP’s new No. 3 leader

After the vote concluded, Stefanik walked to speak to reporters with House Minority Leader Kevin McCarthy and other members of the leadership team by...

EU to discuss US vaccine patent plan at Friday summit

BRUSSELS (AP) — European Union leaders said Thursday that in the wake of the U.S. backing patent waivers for COVID-19 vaccine technology, the 27-nation...

Jenner’s claim she didn’t vote at odds with LA county record

SACRAMENTO, Calif. (AP) — Caitlyn Jenner wants to be governor of California but she took a pass on voting on some of the state’s...

US advisers endorse Pfizer COVID shot for kids 12 and up

U.S. health advisers endorsed use of Pfizer’s COVID-19 vaccine in kids as young as 12 on Wednesday — just as planned new guidelines say...

Panel suggests WHO should have more power to stop pandemics

GENEVA (AP) — A panel of independent experts who reviewed the World Health Organization’s response to the coronavirus pandemic says the U.N. health agency...