Lucid stock tumbles following public offering to raise $1.67 billion
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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."36 minutes ago -
World - Financial Times
How the UK can improve its ‘offer’ to the world
Eli Lilly’s chief says the country must do more to attract business, yet budgets are tight5 hours ago - United Kingdom -
Business - MarketWatch
Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges
Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...6 hours ago -
Business - CNBC
Biden forgives more student loans: 60,000 borrowers will get notices canceling $4.5 billion in debt
The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.6 hours ago - Joe Biden -
Top stories - CBS News
U.S. forgives $4.5 billion in student debt for 60,000 public employees
The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.7 hours ago -
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.8 hours 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 ...8 hours 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.Yesterday -
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.Yesterday -
Politics - The Hill
Media bias is a great disservice to the American public
The media's bias in the upcoming election has undermined their credibility with a large swath of the country, leading to a lack of trust in the media and a threat to democracy.Yesterday -
Business - MarketWatch
Biotech stock tumbles after unexplained 1,446% gain
Bright Minds Biosciences, which until this week had a lightly traded stock that traded at just over $1, tumbled in premarket trade on Wednesday following a meteoric rise.Yesterday -
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 yearYesterday - United Kingdom -
Business - Financial Times
Musk gives $75mn boost to Trump’s presidential run
World’s richest man aims to sway outcome of November election with donationYesterday - Elon Musk -
Business - Financial Times
Has America lost its shame?
The brazenness of US politicians in the face of scandals is a defining feature of the eraYesterday -
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.Yesterday -
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.2 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 ...2 days ago -
Business - MarketWatch
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.2 days ago - Israel -
Top stories - ABC News
WATCH: Singer takes a tumble during concert
Olivia Rodrigo shocked fans in Melbourne, Australia, after she fell into a hole on the stage. She later posted on social media, saying she was doing fine after the incident.2 days ago -
Sports - ESPN
LCS takeaways: Yankees grab Game 1, Mets pull even
The Mets quieted Dodger Stadium in an NLCS Game 2 blowout, while the ALCS began with a Yankees win.2 days ago - MLB -
World - Financial Times
The UK should resist calls for infrastructure public ownership
Privatisation is not the solution for every situation but it can be highly effective in many cases2 days ago - United Kingdom -
Business - MarketWatch
ASML’s stock tumbles after microchip equipment maker warns of slower recovery
ASML Holding, the Dutch microchip-equipment maker, saw its stock slide after saying the market recovery for semiconductors will take longer than expected.2 days ago -
Business - MarketWatch
Ingram Micro could be worth more than $5 billion in return to public markets
Ingram Micro has set terms for its initial public offering, as the profitable California-based information-technology company is returning to the public market with a valuation could be move than ...2 days ago -
Business - Financial Times
Crude oil tumbles as Middle East fears recede
Demand from China weaker than expected, says International Energy Agency2 days ago -
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 ...2 days ago -
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.2 days ago -
World - The Guardian
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...2 days ago -
Tech - The Wall Street Journal
Why the Oura Smart Ring Has a Cult Following
A smart ring is ideal for people who are curious about their vitals, troubled by sleepless nights or annoyed by the thought of a smartwatch. Oura is the leading brand.2 days ago -
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.2 days ago -
Politics - The Hill
Harris adviser Plouffe: Most public polls are 'horses‑‑‑'
David Plouffe, senior adviser to the Harris-Walz campaign, said most public polls are “hores‑‑‑" and discussed the campaign’s internal polling in a podcast interview released Sunday. Plouffe, the ...3 days ago -
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.3 days ago -
Business - CNBC
How to counter a low-ball salary offer
A low-ball salary offer doesn’t have to mean a lost cause. Here’s how to counter a less-than-ideal offer and negotiate for a higher wage.3 days ago