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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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China plans to ease one of the biggest hurdles for foreign business
BEIJING — Chinese authorities are signaling a softer stance on once-stringent data rules, among recent moves to ease regulation for…
Proceed with caution before looking at your 401(k)
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign…
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan's Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500.According to the Institutional Investor hall-of-famer, high…
Levi Strauss cuts annual forecasts as promotions, wholesale weakness weigh
Levi Strauss & Co cut its annual forecasts for the second time on Thursday after missing third-quarter sales estimates, reeling…
Negotiations between the UAW and GM are showing signs of progress
Three weeks into the United Auto Workers strike, signs of progress have emerged in talks between the union and General…
68-year-old started ‘about 50 businesses,’ then ‘stopped trying to get rich’—and built a $450 million egg company
Matt O'Hayer estimates he's started "about 50 businesses," from carpet cleaning to chartering sailboats.His biggest success came when he stopped…
White House speeds up additions to Trump border wall years after Biden vowed ‘not another foot’
WASHINGTON — The Biden administration in a major policy pivot waived more than two dozen federal laws to allow quick…
US regulator seeks court order to compel Elon Musk to testify about his Twitter acquisition
The US Securities and Exchange Commission on Thursday applied for a court order to force Elon Musk to testify in…
General Motors shares hit 3-year intraday low amid recall report. How to play the stock
Market Movers rounded up the latest reactions on General Motors from investors and analysts. Jim Lebenthal of Cerity Partners and…
Happy meal? Steady demand for french fries is good news for U.S. economy
Consumers are still splurging for a side of fries with their meals. That can have a positive read-through for the…
Mike Lindell’s lawyers in Dominion lawsuit seek to quit case over millions of dollars in unpaid legal fees
Attorneys representing conspiracy theorist Mike Lindell and his company MyPillow in a defamation lawsuit brought by Dominion Voting Systems asked…
Trump may seek to pause $250 million New York business fraud trial
Lawyers for Donald Trump may ask a New York appeals court to pause his ongoing $250 million business fraud trial…
Here’s what you need to know about the big jobs report Friday
A strong jobs market could equal a weak stock market if current trends hold up.Friday's nonfarm payrolls report will provide…
Ozempic is on the rise. That could be a problem for food companies
With prescriptions for semaglutide drugs, including Wegovy and Ozempic, on the rise, food sellers are increasingly fielding questions about the…
Ken Griffin’s hedge fund Citadel bucks the downtrend in September, up nearly 13% this year
Billionaire investor Ken Griffin's flagship hedge fund rallied last month when the broader market was rattled by tight monetary policy…
SEC sues to force Elon Musk to testify in Twitter probe
The U.S. Securities and Exchange Commission sued Elon Musk on Thursday in an effort to compel the billionaire to testify…
‘I feel bad for the nurses, but I feel worse for the patients’: Kaiser members struggle during the strike
Over 75,000 Kaiser Permanente unionized employees walked off the job Wednesday in the largest health care worker strike in US…
We’re upgrading this beer stock after an unwarranted post-earnings slide
Constellation Brands (STZ) on Thursday delivered a top-and-bottom-line quarterly earnings beat, while raising its full-year guidance. And with shares retreating…