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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 -
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 -
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 -
GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance
GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.Business - CNBC - October 22 -
Carvana raises 2024 earnings guidance after topping Wall Street's Q3 expectations
Carvana said its adjusted EBITDA would be "significantly above the high end" of its previous target of $1 billion to $1.2 billion.Business - CNBC - October 30 -
Wall Street is bullish on one portfolio retail stock while raising concerns about another
We're talking about Home Depot and Best Buy.Business - CNBC - Yesterday -
UK must raise its climate ambition to restore global reputation, says adviser
Businesses urge Labour to adopt CCC recommendations and set out ‘ambitious and investable’ goalsBusiness - Financial Times - October 25 -
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 ...World - The Guardian - October 15 -
The great wall of debt
Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investorsBusiness - Financial Times - October 17 -
The problem with the term ‘global majority’
Endless searching for a label to describe ethnic minority groups is ultimately futileWorld - Financial Times - October 29 -
It’s localization, not globalization, for the health of the US economy
The U.S. is undergoing a transformative shift away from globalization and toward localization, with initiatives such as the Inflation Reduction Act and the CHIPS and Science Act prioritizing ...Politics - The Hill - October 17 -
Volvo Global Sales Boosted by EVs
The carmaker’s global sales rose 3% in October, with solid performance of its electrified range in Europe, but sales in the U.S. and China declined.Business - The Wall Street Journal - 5 days ago -
From cars to planes: global manufacturers brace for Trump’s tariffs
Executives across multiple industries expect supply chain upheavalBusiness - Financial Times - Yesterday -
Evening Report — Harris blitzes 'blue wall' states
Plus: Remembering Lilly Ledbetter {beacon} Evening Report Monday, Oct. 14 © AP Photo/David Yeazell Harris blitzes 'blue wall' states in final sprint Vice President Harris is hunkering down in ...Politics - The Hill - October 14 -
12:30 Report — Harris’s ‘blue wall’ blues
🍑 Plus: Georgia's controversial election rules {beacon} 12:30 REPORT It’s Tuesday. Two weeks from today, polls across the country will be open! Eeeeeek. Here's what's coming up: Some Democratic ...Politics - The Hill - October 22 -
Clippers fan 'Wall' baffles KD, but Suns prevail
"The Wall," a feature of the LA Clippers' new arena, the Intuit Dome, baffled Phoenix Suns star Kevin Durant, but he still managed to score 25 points and the Suns beat the Clippers 116-113 in ...Sports - ESPN - October 24 -
McDonald's, Boeing experience Wall Street struggles
It's been a mixed week for stocks amid a flurry of corporate news, including problems for fast food giant McDonald's, as it deals with an E. coli outbreak possibly linked to its Quarter Pounders. ...Top stories - CBS News - October 26 -
Top Wall Street analysts are upbeat on these dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback EnergyBusiness - CNBC - October 27 -
Irene Wall Was A True Women's Hockey Builder
Without Irene Wall's leadership as long time president of the Quebec Ladies Amateur Hockey Association and Montreal City and District Ladies' Hockey League through the 1920s and 1930s, women's ...Sports - Yahoo Sports - November 2 -
Wall Street tribes hunt for election victory
Plus, big loans for companies with Nvidia chips raise concerns over tech giant’s dominanceWorld - Financial Times - 4 days ago -
IMF raises 2025 growth forecast
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story IMF sounds death knell over inflation, raises 2025 outlook International Monetary ...Politics - The Hill - October 22 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - October 30 -
‘We were banging our heads against a wall – the wall won’: the genius pop and tragic demise of Boys Wonder
They swaggered into the late 1980s, a potent brew of punk, glam and classic rock. But they went nowhere, then had to watch as their recipe conquered the charts. Now they’ve returned – so are they ...World - The Guardian - October 22 -
Nobel economics prize goes to global inequality researchers
Three U.S.-based academics won the 2024 Nobel economics prize for their research into why global inequality persists.Top stories - NBC News - October 14 -
The end of US global dominance presents an opportunity for America
Clinging to hegemony leads only to more costly interventions and strategic failures, as evidenced by recent decades of U.S. foreign policy.Politics - The Hill - October 15 -
AI, Aging and Shifts Globalization Will Shock the American Economy
The combination of an aging work force, artificial intelligence and shifts in globalization will challenge America in ways not seen in decades.Top stories - The New York Times - October 17 -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of Oct. 21Entertainment - ABC News - October 18 -
Fragile confidence hinders global economic recovery
Political and economic uncertainties drag on business and household mood, Brookings-FT Tiger index showsBusiness - Financial Times - October 20 -
The global economy has proved surprisingly resilient
But significant downside risks will continue to pose a challenge for policymakersBusiness - Financial Times - October 22 -
TechScape: Elon Musk’s global political goals
Plus: World of Warcraft, polling and cats. • Don’t get TechScape delivered to your inbox? Sign up here . Hello, and welcome to TechScape. I’m Blake Montgomery, technology news editor at the ...World - The Guardian - October 22 -
IMF warns world to avoid global trade war
Economic fears have been rising over Donald Trump's mega-tariff plan and rising US debts.Top stories - BBC News - October 24 -
Is the UN warning of 3.1C global warming a surprise?
Another dire temperature prediction but it has to be seen in context.Top stories - BBC News - October 24 -
Treasuries sell-off reverberates through global markets
Volatility returns ahead of US election as government debt is hit by stronger economic dataBusiness - Financial Times - October 25 -
Lebanon placed on global money-laundering ‘grey list’
Financial Action Task Force decision comes after political inaction and could complicate remittance paymentsBusiness - Financial Times - October 25 -
Atlas of Finance — a visual aid to the global money maze
An eclectic and ambitious series of maps, graphs and diagrams helps disclose the locations of hidden richesBusiness - Financial Times - October 25 -
Cornish miner hoping to capitalise on global race for lithium
Analysts expect supply deficit to develop as countries race to meet climate targetsWorld - Financial Times - October 27 -
Policymakers warn protectionism threatens global economic recovery
Officials fear rules-based order is under threat as race for US presidency enters final daysBusiness - Financial Times - October 27 -
How the west should re-engage with the global south
The erosion of the post-1945 world order requires the UK and its allies to define new forms of multilateralismWorld - Financial Times - October 31