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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 - 1d -
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 - 9h -
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 -
Shutdown fight collides with GOP push for Trump priorities
The race to prevent a government shutdown next month is colliding with Republican efforts to enact President Trump’s tax and funding priorities. Congressional negotiators have been struggling for ...The Hill - 1d -
Unilever CEO Schumacher to step down after less than two years in the job
Unilever CEO Hein Schumacher is stepping down after less than two years in the job, the company said Tuesday.CNBC - 1d -
What’s really behind Trump’s abrupt pivot to Russia?
The president has shocked allies by opening talks with Moscow and criticising Ukraine. Will this dramatic shift in US foreign policy hold?Financial Times - 5d -
From pills to new uses, here's what Eli Lilly’s top scientist sees as the future of weight loss drugs
Eli Lilly Chief Scientific Officer Dan Skovronsky spoke to CNBC about obesity pills and more on the future of weight loss.CNBC - 6d -
After clashes with AG's top aide, a White House liaison is reassigned: Sources
Efforts by a White House intermediary to push the DOJ to hire candidates with "exceptional loyalty" to Trump sparked clashes with AG Pam Bondi's top aide, sources say.ABC News - 1d -
Top Oversight Dem goes after Trump's Washington prosecutor
Politico - 1d -
Chelsea return to top four after Nkunku and Neto sink sorry Southampton
When you have lost three games in a row, any win is a good win. And there is no such thing as a bad win by four goals. But equally, the context is unavoidable. This is a Southampton side who are ...The Guardian - 1d -
Watch live: House trade panel holds hearing on enforcement priorities
The House Ways and Means Subcommittee on Trade is convening a hearing Tuesday morning on trade enforcement and priorities as the Trump administration weighs additional tariffs on goods from trading ...The Hill - 1d -
Here's what Browns coach Kevin Stefanski had to say about meeting top QB prospects Cam Ward, Shedeur Sanders
The Browns met with both prospects at the combine this weekCBS Sports - 2h -
Here's my strategy for the stock market this week after Friday's brutal sell-off
In his Sunday column for Investing Club subscribers, Jim Cramer explains how he's preparing for the stock market after a rough week.CNBC - 2d -
Here's why Home Depot remains a buy after retailer clears lowered earnings bar
We're also reiterating our price target of $440 a share on Home Depot stock.CNBC - 1d -
Aaron Glenn addresses Quinnen Williams' displeasure with Aaron Rodgers' departure
The Jets' decision to move on from Aaron Rodgers wasn't met with total support in the team's locker room.Yahoo Sports - 1d -
At Lucid, key-person risk is a ‘reality’ investors have yet to understand
The departure of Lucid CEO Peter Rawlinson is a blow to the EV maker that the market has yet to understand, one analyst said.MarketWatch - 5h -
At Jil Sander, Another Sudden Departure Hits the Fashion World
Luke and Lucie Meier have left Jil Sander, joining an ever-growing list of designer departures.The New York Times - 2h -
NBA front office rankings: Celtics, OKC at the top, Mavericks sink after Luka trade, but they're not No. 30
With a wild trade deadline in the rearview mirror, we divided the NBA's 30 front offices into 11 different tiersCBS Sports - 5d -
Tomorrow's Top 25 Today: St. John's set to rise in college basketball rankings after statement win over UConn
Tennessee and Houston are in position to move up this week, while St. John's could challenge for a spot in the top fiveCBS Sports - 3d -
Who is Friedrich Merz, the man on course to take Germany's top job after election?
Friedrich Merz is on course to become post-World War II Germany’s 10th chancellor, the culmination of a yearslong political career that was once sidelined by his party’s iconic leaderABC News - 2d -
College basketball rankings: Duke, Houston move up, Tennessee in top five after Alabama falls in Coaches Poll
The Cougars, who are closing in on the Big 12 regular-season championship, are No. 4 in the Coaches PollCBS Sports - 2d -
Intuit shares jump after results top estimates amid key tax season
Tax-preparation software provider Intuit on Tuesday reported quarterly results that topped Wall Street’s estimates, while forecasting third-quarter sales that were also above expectations.MarketWatch - 21h -
Russia launches largest drone attack on Ukraine on eve of third year of war
The attack came as leaders in Kyiv and across Europe are seeking to navigate rapid changes in U.S. foreign policy under President Trump.CBS News - 3d -
Hyundai counts on Inster to reverse steep EV sales slide in Europe
Yahoo News - 2d -
Heat pumps and EVs – how to fight climate change from home
The government has been told that the public will need to change how we drive and heat our homes.BBC News - 6h -
You can still claim up to $2,000 per kid from the child tax credit, but that amount may drop after 2025—here's what to know
If Congress doesn't address the soon-expiring expanded child tax credit, parents could see a higher tax bill in the coming years.CNBC - 1d -
Nikola, Electric Truck Maker, Files for Bankruptcy
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.The New York Times - Feb. 19 -
Trump's abrupt change of US policy on Ukraine raises questions about Taiwan support
U.S. President Donald Trump’s abrupt reversal of three years of American policy toward Ukraine has raised concerns China might become emboldened to push its territorial claim on Taiwan, though ...ABC News - 2d -
Student loan borrowers face abrupt 180 as GOP budget plans threaten to raise payments
Student loan borrowers could see their payments increase under budget plans currently under discussion by House Republicans, a violent about-face after years of working with the Biden ...The Hill - 1d -
Fraud conviction upheld for infamous tech CEO
A U.S. appeals court has upheld the conviction of Theranos founder Elizabeth Holmes, who is serving a more than 11 years for defrauding investors.ABC News - 2d -
HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI’s Sam Altman. The pin will be discontinued.The New York Times - Feb. 19 -
Troubled electric vehicle maker Nikola files for bankruptcy protection
Troubled electric vehicle maker Nikola is filing for for Chapter 11 bankruptcy protectionABC News - Feb. 19 -
With RFK Jr. in charge, supplement makers see chance to cash in
The FDA is already limited in policing claims of health benefits by makers of supplements and herbal remedies — a $70 billion industry. Get ready for even less regulation.CBS News - 5d
More from CNBC
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Nvidia sales grow 78% on AI demand, company gives strong guidance
Nvidia reported fourth-quarter earnings that beat Wall Street expectations. The company also provided strong guidance for the current quarter.CNBC - 5m -
Salesforce misses on revenue, issues disappointing guidance
Salesforce missed analysts' expectations for quarterly revenue in its top two categories.CNBC - 14m -
Teladoc shares tumble on wider-than-expected loss, disappointing revenue guidance
Teladoc shares fell after the company reported fourth-quarter results that showed slowing revenue growth and weak guidance.CNBC - 21m -
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 - 3h -
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 - 4h
More in Business
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Nvidia sales grow 78% on AI demand, company gives strong guidance
Nvidia reported fourth-quarter earnings that beat Wall Street expectations. The company also provided strong guidance for the current quarter.CNBC - 5m -
AI’s power demands spark new joint GE Vernova–NRG electricity plant project
NRG flags need for new partnerships to fuel power development.MarketWatch - 7m -
Taser maker Axon brushes off DOGE budget-cut worries as stock rallies
The company is playing up up its prospects for international growth and its cloud-services businessMarketWatch - 12m -
Bird flu ravaged this farmer’s chickens. Here’s his plan to lower egg prices.
The U.S. needs to make sure USDA has enough staff to conduct research, monitor outbreaks and support farmers.MarketWatch - 13m -
Salesforce misses on revenue, issues disappointing guidance
Salesforce missed analysts' expectations for quarterly revenue in its top two categories.CNBC - 14m