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Lucid shares tumble following public offering of nearly 262.5 million shares
Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million…
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Stellantis to lay off up to 2,450 factory workers as classic Ram production ends
Chrysler-parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of Detroit…
Paramount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings
Paramount Global is cutting 15% of its U.S. workforce, or about 2,000 jobs, part of a broader cost-cutting plan as…
Stocks making the biggest moves after hours: Paramount, Expedia, E.l.f. Beauty and more
Check out the companies making headlines in after-hours trading. Paramount Global — The media company jumped 5.7% after posting a…
OpenAI worries people may become emotionally reliant on its new ChatGPT voice mode
OpenAI is worried that people might start to rely on ChatGPT too much for companionship, potentially leading to “dependence,” because…
Harris running mate Gov. Tim Walz owns no stocks, bonds or real estate, disclosure shows
Minnesota Gov. Tim Walz, the Democratic running mate of Vice President Kamala Harris, owns no stocks, bonds or real estate,…
Stocks making the biggest moves after hours: Warner Bros. Discovery, Zillow, Duolingo and more
Here are some of the stocks making notable moves after the market close on Wednesday, Aug. 7. Warner Bros. Discovery…
Costco is cracking down on membership moochers
Costco knows you’re using your friend’s membership card. To save you the embarrassment of telling you off when you’re in…
Consumer giants from Starbucks to General Mills have one big sales problem: China
BEIJING — A theme emerging in the latest slew of U.S. companies' earnings reports is a drag from the China…
Harris and Walz make Trump focus at Democratic ticket’s first rally
Vice President Kamala Harris and Minnesota Gov. Tim Walz, her newly minted running mate, made their first public appearance together…
Elon Musk’s X sues ad industry group over alleged advertising ‘boycott’
Elon Musk’s X has accused a group of major advertisers of antitrust violations in a new lawsuit claiming the group…
San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
San Francisco Federal Reserve President Mary Daly on Monday said she expects that interest rates will be cut later this…
31-year-old Harvard grad just won a gold medal for the U.S. in the Olympics—in a sport she learned 6 years ago
Kristen Faulkner ended a 40-year-drought for the U.S. in the Paris Olympics — in a sport she picked up for…
Why the Fed almost certainly isn’t going to do an emergency rate cut
Stocks closed deep in the red for a second day in a row on Monday as questions swirl over whether…
Ex-Trump White House officials, dozens of Republicans endorse Harris
Vice President Kamala Harris' campaign on Sunday flaunted over two dozen presidential endorsements from Republican party members, including some who…
Elon Musk PAC being investigated by Michigan secretary of state for potential violations
A political action committee backed by billionaire Elon Musk is being investigated by the Michigan secretary of state's office amid…
‘Charger hogs’ are ruining the electric vehicle experience. One company is clamping down on bad manners
Sometimes, technology doesn’t fulfill its promise. But, other times, it isn’t the tech that let’s you down, it’s the people…
ETF inflows set record high in July, State Street Global Advisors finds
It's a July for the record books.State Street Global Advisors finds inflows into exchange-traded funds hit $127 billion. Not only…
Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings
Berkshire Hathaway's cash pile swelled to a record $276.9 billion last quarter as Warren Buffett sold big chunks in stock…