Latest in Agency Raises
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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.Business - CNBC - October 22 -
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 ...Top stories - NBC News - October 21 -
FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity pushWorld - Financial Times - October 22 -
Atletico trying to raise awareness of fans with disabilities in Champions League game
Atletico Madrid is trying to bring a record number of spectators with disabilities to a Champions League match to raise awareness about inclusion and the need to promote better access to sport for ...Sports - ABC News - October 22 -
Celtics celebrate 18th NBA title with banner, rings and call from Tatum: 'Let's do it again.'
The Boston Celtics have raised Banner 18 to the raftersSports - ABC News - October 22 -
Party Icons raises $9M for mobile-1st gaming platform
Party Icons, a mobile-first gaming platform with three playable modes, said it has raised $9 million in funding despite market headwinds.Tech - VentureBeat - 6 days ago -
Democrat raises alarm over Trump campaign's failure to enter into transition agreements
Rep. Jamie Raskin (D-Md.) is raising concerns about the Trump campaign’s failure to enter into presidential transition agreements with the federal government, cautioning that the delay could ...Politics - The Hill - 6 days ago -
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Telia Raises Guidance After Key Metric Profit Beat
The Swedish telecommunications operator said it expected stronger growth momentum in the fourth quarter of the year and raised its guidance as it reported a slight beat on adjusted underlying ...Business - The Wall Street Journal - 6 days ago -
Silicon Valley’s General Catalyst raises $8bn in global push
New money is the largest sum raised by a venture capital firm in more than 2 yearsBusiness - Financial Times - 5 days ago -
South Korean president raises possibility of supplying Ukraine with arms
South Korea’s president has raised the possibility of supplying Ukraine with weapons while stressing that his government “won’t sit idle” as North Korea allegedly sends troops to support Russia’s ...World - ABC News - 5 days ago -
ServiceNow rides AI wave to another beat-and-raise quarter
ServiceNow says businesses increasingly are turning to the company’s software to improve employee productivity — and now AI is part of the mix.Business - MarketWatch - 5 days ago -
Austin raising concerns about Israeli strikes against Lebanese army
U.S. Secretary of Defense Lloyd Austin has expressed concerns to his Israeli counterpart, Defense Minister Yoav Gallant, about Israeli strikes against the Lebanese Army as well as the amount of aid ...Top stories - CBS News - 5 days ago -
Outrider, a Self-Driving Truck Startup, Raises $62 Million
The Colorado company got backing from the VC arm of Koch Industries, as well as Nvidia, New Enterprise Associates, and Prologis’ venture unit.Business - Inc. - 5 days ago -
The Paris conference for Lebanon raises $1 billion in pledges for humanitarian and military support
An international conference for Lebanon in Paris raised $1 billion in pledges for humanitarian aid and military supportWorld - ABC News - 5 days ago -
UK tax raid on private equity could raise £1bn, say researchers
Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changesBusiness - Financial Times - 5 days ago -
Russia's central bank raises key rate to 21% to rein in higher-than-forecast inflation
Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.Business - CNBC - 4 days ago