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Lucid CEO steps down; EV maker plans to more than double production in 2025
Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units.NBC News - 23h -
Lucid CEO steps down; EV maker plans to more than double production in 2025
Lucid said Marc Winterhoff, currently the company's chief operating officer, has taken over as interim CEO.CNBC - 8h -
Lucid aims to double EV production this year, stock rallies nearly 10%
Shares of Lucid Group Inc. shot up in after-hours trading Tuesday after the luxury EV maker narrowed its quarterly loss and announced a CEO change.MarketWatch - 20h -
China's EV maker XPeng eyes doubling global presence by year's end
Yahoo News - 4d -
Top London-listed groups plan US-style CEO pay
FTSE 100 companies seek to capitalise on investors’ ‘change in tone’ towards bigger payoutsFinancial Times - 1d -
A.J. Brown big fan of new Eagles OC after Kellen Moore's departure: 'I truly feel like it's a great hire'
A.J. Brown likes the hire of Kevin Patullo as Eagles OCCBS Sports - 5d -
Instacart CEO Fidji Simo: 3 lessons on reaching the top of U.S. tech from a French fishing port childhood
Fidji Simo rose from a village childhood to Meta executive, taking Instacart public as CEO, and OpenAI board post. She shares some key lessons for success.CNBC - 5d -
Once high-flying Bluebird Bio sells itself to private equity after tough times for the gene therapy maker
Bluebird Bio will sell itself to private equity firms Carlyle and SK Capital for about $30 million, the company said Friday.CNBC - 5d -
Rankings: The top 25 teams after Week 3
Here's the updated college softball Top 25 poll after Week 3.ESPN - 1d
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Nvidia sales grow 78% on AI demand, company gives strong guidance
Nvidia's earnings report on Wednesday will put the finishing touches on one of the most remarkable years from a large company ever.CNBC - 2m -
The Federal Reserve's favorite recession indicator is flashing a danger sign again
The 10-year yield fell below that of the 3-month note, marking an "inverted yield curve" that has a sterling recession prediction record.CNBC - 2h -
Amazon unveils revamped Alexa with AI features for $19.99 per month, free for Prime members
Amazon has been working for years to overhaul Alexa with generative AI features as it faced rising competition from OpenAI's ChatGPT and other chatbots.CNBC - 3h -
Instacart suffers steepest drop on record after disappointing revenue, lackluster forecast
Instacart shares plummeted 12%, their worst day on record, after missing on revenue and issuing lackluster guidance.CNBC - 29m -
Obvious Ventures, co-founded by Twitter's Evan Williams, plans to raise $400 million fund
Obvious Ventures plans to raise $400 million for its latest fund, according to a filing with the SEC.CNBC - 1h
More in Business
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Nvidia sales grow 78% on AI demand, company gives strong guidance
Nvidia's earnings report on Wednesday will put the finishing touches on one of the most remarkable years from a large company ever.CNBC - 2m -
Snowflake’s stock soars as revenue and guidance cheer up investors
Snowflake shares soared in after-hours trade Wednesday, after the company’s fiscal fourth-quarter revenue topped estimates and it offered upbeat guidance for fiscal 2026.MarketWatch - 5m -
Lowe's beats Wall Street expectations as it starts to break out of sales slump
Lowe's followed rival Home Depot in reporting better-than-expected quarterly sales.CNBC - 14m -
Hey DOGE: Forget 5 Bullet Points—Here’s How to Actually Measure Performance
An excellent executive scorecard isn’t just a report, but an innovative way to optimize your company’s performance.Inc. - 17m -
Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
It comes as companies work to build goodwill with Trump, who has emphasized reshoring manufacturing to the U.S. and reducing reliance on foreign supply chains.CNBC - 18m