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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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Car buyers can get their EV tax credits up front at the dealership starting in January
People shopping for electric vehicles starting next year will be able to get a $7,500 federal tax credit off the…
UK’s embattled Metro Bank expected to struggle to raise capital with ‘no easy solutions’
LONDON — The U.K.'s Metro Bank will likely struggle to raise fresh capital to shore up its balance sheet, according…
Philips shares fall 7% after U.S. drug regulator deals fresh blow to sleep device recall
Shares of Dutch health tech company Philips tumbled to the bottom of the European benchmark on Friday, after the U.S.…
Gold is losing its dazzle
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
Inflation is ‘always going to be a risk’ with the U.S. economy now fundamentally changed, ADP chief economist says
Inflation is "always going to be a risk" in the U.S. due to structural changes in the labor market, according…
It’s the last day of the largest health care strike in US history
The largest health care strike in US history is now in its third, and final, day. The temporary work stoppage…
Nobel Peace Prize awarded to jailed Iranian activist Narges Mohammadi
The Nobel Peace Prize was awarded on Friday to Iranian human rights activist Narges Mohammadi.Mohammadi received the prize for "her…
Tesla cuts Model 3 and Model Y prices in the U.S. after car deliveries fall
Tesla cut the price of some Model 3 and Model Y versions in the U.S. after the company reported third-quarter…
China’s economy will be hobbled for years by the real estate crisis
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
People are posting AI-generated yearbook pictures with this viral app
People are leaning into childhood nostalgia and creating school yearbook photos thanks to the newest AI-powered social media trend. Epik,…
Belgium’s security services are monitoring Alibaba for possible spying
Intelligence officers in Belgium are monitoring Alibaba’s logistics hub in Europe for possible espionage on behalf of the Chinese government.…
Russia’s government lifts ban on most of its diesel exports
Russia's government on Friday said it had withdrawn a ban on diesel exports delivered to sea ports via pipelines, removing…
Gas prices could fall to $3.25 by Halloween as oil plunges
After spiking to alarming levels just last week, oil prices are suddenly in free-fall mode. The dramatic reversal should bring…
Miami Marlins’ Kim Ng became the first woman GM to lead an MLB team to the playoffs
When the Miami Marlins bested the Pittsburgh Pirates on Saturday, Kim Ng became the first female general manager to lead…
A new Chile? Argentina is at the epicenter of a new ‘white gold’ rush
Momentum behind Argentina's lithium mining boom is picking up fast.The country is thought to be on track to match —…
The US government wants 52 million airbags recalled. The companies that put them in cars are pushing back
The National Highway Traffic Safety Administration held a public meeting Thursday to discuss the possible recall of 52 million airbags…
Casino giant MGM expects $100 million hit from hack that led to data breach
MGM Resorts International said on Thursday a cyberattack last month that disrupted its operations would cause a $100 million hit…
Elon Musk’s X faces advertiser backlash after placing marketing for major brands on notorious white supremacist account
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest…