Lucid CEO defends $1.75 billion capital raise following stock drop
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Business - CNBC
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.4 hours ago -
Top stories - NBC News
Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...19 hours ago -
Sports - ESPN
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Business - Financial Times
Nigerian banks race to raise capital after order to bolster balance sheets
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Sports - Yahoo Sports
Defending national champion Michigan drops to 4-3 with 21-7 loss to No. 22 Illinois
The No. 24 Wolverines will fall out of the top 25 on Sunday.2 days ago -
Business - MarketWatch
Why raising more cash is a smart portfolio move — even with stocks at record highs
The key to long-term success in the stock market is to avoid taking on more and more risk.2 days ago -
World - Financial Times
Capital gains tax: a short history
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Business - MarketWatch
CVS cuts outlook yet again — while swapping out CEO for a company veteran
“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.3 days ago -
Business - MarketWatch
Biofuels stock Gevo continues rally, boosted by $1.46 billion Energy Department loan
Shares of renewable-chemicals and biofuels company Gevo continued their rally Friday, lifted by a $1.46 billion loan commitment from the U.S. Energy Department earlier this week.3 days ago -
Top stories - CBS News
CVS Health CEO Karen Lynch steps down after 19% stock plunge
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Top stories - BBC News
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.4 days ago -
Business - Financial Times
Yes, CEOs are moving left, but ‘woke capitalism’ is not the whole story
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Top stories - CBS News
Charges dropped against Tyron McAlpin following release of arrest video
The announcement comes after police body camera video of Tyron McAlpin's violent arrest became public and sparked outcry.4 days ago -
Business - CNBC
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."4 days ago -
Business - MarketWatch
CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena
Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...4 days ago -
Business - The New York Times
Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.4 days ago - China -
Business - MarketWatch
Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.5 days ago -
Business - MarketWatch
Gevo stock soars on $1.46 billion DOE loan for sustainable aviation fuel plant
Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of ...5 days ago -
Business - CNBC
We're raising our Morgan Stanley price target after a post-earnings stock surge to record highs
Morgan Stanley's third-quarter beat on the top and bottom lines, with strength seen across the board.6 days ago -
Business - MarketWatch
Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk
Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.6 days ago -
Business - Financial Times
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this year6 days ago - United Kingdom -
Business - Financial Times
Musk gives $75mn boost to Trump’s presidential run
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Business - Financial Times
Has America lost its shame?
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Business - CNBC
Boeing to raise as much as $25 billion to shore up balance sheet
The equity or debt raise of up to $25 billion would be over three years Boeing said.6 days ago -
Business - The New York Times
Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake
The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.6 days ago - Donald Trump -
Top stories - NBC News
Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist ...6 days ago -
Business - MarketWatch
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...October 15 -
World - The Guardian
Boeing seeks to raise up to $25bn through stock and debt offering
Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns. Boeing is seeking to raise up to $25bn (£19bn) in an attempt to shore up its ...October 15 -
Business - MarketWatch
Johnson & Johnson’s stock falls despite Q3 sales beat and guidance raise
Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.October 15 -
Tech - The Wall Street Journal
Fuji Soft to Consider Bain Capital's Offer
Fuji Soft said it would sincerely consider Bain Capital’s tender offer, which beat private-equity firm KKR’s offer, possibly setting the stage for a bidding war for the Japanese software developer.October 14 -
Business - MarketWatch
Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company
H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.October 14 -
World - ABC News
Sri Lanka closes schools as floods hammer the capital
Sri Lanka has closed schools in its capital, Colombo, and its suburbs as heavy rains triggered floods in many parts of the island nationOctober 14