Lucid aims to double EV production this year, stock rallies 12%

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 - 13h

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 - 17h

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 - 2h

China's EV maker XPeng eyes doubling global presence by year's end

Yahoo News - 4d

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 - 2d

What Alphabet's plan to launch a lower-price YouTube product means for the stock

The emphasis on YouTube subscriptions is a key part of the Alphabet story as it diversifies the company away from advertising.

CNBC - 3d

Trump’s Rift With Europe Adds Fuel to a Rally in Defense Stocks

A flurry of trading has helped push the Pan-European Stoxx 600 index to a record high as investors expect Europe’s governments to increase military spending.

The New York Times - Feb. 18

Stagflation is a new threat to the stock-market rally. What investors should know.

Worries about an unwelcome mix of inflation and stagnating economic growth are back, only this time such fears are becoming harder for investors to shake off.

MarketWatch - 1d

Why did Tesla sales fall for the first time in 12 years?

Elon Musk's company, Tesla, saw its sales fall by 1% in 2024, despite global electric vehicle sales rising 7.3%. It marked the first time the company's annual sales have fallen in 12 years. CBS ...

CBS News - 15h

US companies left out of defence stock rally amid Trump’s Pentagon cuts

Fears over spending come as European groups’ shares soar on White House’s threat to cut support for region’s security

Financial Times - 1d

Novo Nordisk shares are rallying as Hims & Hers’ stock falters. An Ozempic alternative won’t be available for long.

Novo Nordisk shares rallied on Tuesday as a maker of a weight-loss drug alternative confirmed it won’t be selling it for much longer.

MarketWatch - 1d

Video shows father, 12-year-old son being rescued after getting trapped on Utah cliff

A father and his 12-year-old son were rescued from a narrow Utah cliffside after getting lost last week in Snow Canyon State Park, officials say. They said the two survived off the contents of a ...

CBS News - 1d

Houston makes 100-year-old history with second consecutive Big 12 regular season conference title

How the Cougars carved out instant success unlike any other

CBS Sports - 1d

The 10 states where $1 million runs out the fastest in retirement—it's just 12 years in Hawaii

In most U.S. states, $1 million in retirement savings can last for 30 years or more. In Hawaii, that amount runs out in just 12 years, says a recent report.

CNBC - 1d

US stocks fall as consumer confidence sinks most in four years

Oil prices drop while government bonds climb on worries Donald Trump’s tariffs will hit economy

Financial Times - 17h

These stock-market sectors are dominating the S&P 500 so far this year as investors play defense

It may be time for investors to shore up portfolios with defensive stocks — but their appeal goes beyond just providing protection.

MarketWatch - 21h

Lowe’s stock jumps as same-store sales rise for first time in 2 years

Lowe’s reported quarterly results that beat expectations but gave a downbeat full-year outlook a day after rival Home Depot did the same.

MarketWatch - 3h

Ranking returning production for every FBS team

What teams have the most (and least) coming back, and what will it all mean next season?

ESPN - 2d

Hyundai counts on Inster to reverse steep EV sales slide in Europe

Yahoo News - 1d

Ant caps furious Wolves rally with block on SGA

Anthony Edwards blocked Thunder star Shai Gilgeous-Alexander's go-ahead shot attempt in overtime, capping a 25-point second-half comeback for the Timberwolves.

ESPN - 22h

12 of the best independent shops in Copenhagen

From sleek interior stores to modern perfumiers and quirky sex shops, the Danish capital has no shortage of unusual shopping opportunities. Inspired by Keith Haring’s Pop Shop, which the artist saw ...

The Guardian - 1d

California Bill Seeks Age Minimum on Anti-Aging Skin Care Products

Revamped legislation would require anyone purchasing the products to provide proof that they are 18 or older.

The New York Times - Feb. 19

Navy seeks new generation of skilled workers to ramp up submarine production

While the president is cutting jobs, a search is on for a new generation of workers to build nuclear submarines. The Navy has ordered 29 nuclear subs, and the company that makes them has school ...

CBS News - 5d

Huawei improves AI chip production in boost for China’s tech goals

Chinese company improves ‘yield’ of latest semiconductor, despite US efforts to prevent manufacturing advances

Financial Times - 1d

BP’s going back to petroleum as it plans more oil spending and production

Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.

MarketWatch - 4h

Your boss may be using surveillance software to monitor your productivity

There has been a rise in interest for software that monitors worker activity and productivity. Natasha Khan, a business reporter for The Wall Street Journal, joins CBS News with more on the ...

CBS News - 51m

Iran accelerates production of near weapons-grade uranium, IAEA says

A report by the United Nations’ nuclear watchdog says Iran has accelerated its production of near weapons-grade uranium as tensions between Tehran and Washington rise after the election of U.S. ...

ABC News - 1h

Space mission aims to map water on surface of the moon

A probe to be launched this week aims to pinpoint sites of lunar water, which could help plan to colonise the Earth’s satellite. Space engineers are set to launch an unusual mission this week when ...

The Guardian - 3d

Arizona apologizes for fans' chant aimed at BYU

Arizona has apologized for a derogatory chant aimed at BYU following the Cougars' 96-95 upset of the No. 19 Wildcats.

ESPN - 2d

Reporter's Notebook: A look back at 1939 Nazi rally in New York City

On this day in 1939, 20,000 people attended a Nazi rally at Madison Square Garden. Months earlier, Nazis in Germany had killed nearly 100 Jewish citizens in one night and sent 30,000 more to ...

CBS News - 5d

Ukrainians rally around their president after Trump seeks to denigrate him

Days before the third anniversary of Russia’s full-scale invasion, Ukrainians are as somber and tense as they were right before Moscow launched the war

ABC News - 5d

LGBTQ+ community in Germany rally against rise of far right ahead of elections

Community grapples with fear over ‘proliferation and normalisation of anti-queer and anti-trans sentiment in politics and the media’. They poured on to streets across Germany by the thousands, ...

The Guardian - 4d

Payton Sandfort scores 27 and Iowa rallies to defeat Washington 85-79

Payton Sandfort scored 27 points and made 12 of 13 free throws to lead Iowa’s 85-79 come-from-behind victory over Washington

ABC News - 3d

UGA prevails after No. 3 Florida's 26-point rally

Georgia's Blue Cain sank a go-ahead 3-pointer with 47 seconds remaining after Florida took its first lead while scoring 13 unanswered points, and the Bulldogs beat the Gators 88-83 on Tuesday night.

ESPN - 3h

Rejecting Trump’s Call to Annex Their Nation, Canadians Rally Around the Flag

While Canadians are not generally known for flag waving, President Trump’s threats have led to a surge in flag sales and buffed up the national symbol’s image.

The New York Times - 1h

Step out: 12 of the best flat pumps – in pictures

Try a hybrid Mary-Jane-meets-ballerina flat for a shortcut to style this spring Continue reading...

The Guardian - 2d

12:30 Report — Musk, departments locked in standoff

{beacon} 12:30 REPORT Let's kick off another week. In today's issue: Musk deadline for federal workers looms House GOP leaders try to woo moderates AI-generated Trump video plays at HUD Kristen ...

The Hill - 1d