Latest in Raised Concerns
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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 - October 23 -
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 - October 23 -
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 - October 24 -
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 - October 24 -
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 - October 24 -
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 - October 24 -
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. - October 24 -
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 - October 24 -
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 - October 25 -
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 - October 25 -
Russia Raises Interest Rate to 21 Percent, Its Highest in Decades
Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.Business - The New York Times - October 25 -
Chancellor set to hike employers' National Insurance to raise £20bn
Rachel Reeves is also expected to lower the threshold for when employers start paying the tax, in next week's Budget.Top stories - BBC News - October 26 -
England's defensive woes in loss to Germany raise alarm about Euros readiness
The Lionesses conceded four goals in a loss that forces England's coach to answer questions.Sports - ESPN - October 27 -
Rachel Reeves aims to raise up to £20bn from national insurance rise
Employers’ contributions set to increase by 2 percentage points in next week’s BudgetBusiness - Financial Times - October 26 -
North Korea's foray into Ukraine riles US, raises global risks
This week’s revelations that North Korean troops could within days join Russia’s war in Ukraine have raised the prospect of the U.S. and its allies getting more involved in the conflict. The Biden ...Politics - The Hill - October 26