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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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Tesla robotaxi event comes after a decade of unfulfilled promises from Elon Musk
With Tesla's hotly anticipated robotaxi event hours away, investors will soon get a glance at what CEO Elon Musk has…
Bank of Korea trims interest rates after holding for almost two years
South Korea's central bank has cut its benchmark interest rate by 25 basis points to 3.25%, the first rate cut…
Stellantis CEO to retire in 2026 as automaker struggles in North America
Chrysler parent Stellantis confirmed on Thursday that CEO Carlos Tavares would retire at the end of his contract in early 2026 and…
We see a driver for AMD stock coming up — plus, what’s behind the continued market rally
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time…
He flies business and first class — all on credit card points
For most travelers, flying in business and first class, especially on international flights, is a once-in-a-lifetime opportunity.A business class ticket…
GSK agrees to settle about 80,000 Zantac lawsuits for up to $2.2 billion
GSK has agreed to pay up to $2.2 billion to settle most lawsuits in US state courts claiming that a discontinued…
Solana cryptocurrency could rally 400% if Trump wins election, Standard Chartered says
The solana cryptocurrency could outperform ether and bitcoin in a big way if former President Donald Trump wins the U.S.…
New Zealand central bank slashes rates by 50 basis points in second straight rate cut
New Zealand's central bank has slashed its benchmark interest rate by 50 basis points after its monetary policy meeting, marking…
‘I am not Satoshi Nakamoto’: Subject of HBO documentary denies he invented bitcoin
The identity of bitcoin creator Satoshi Nakamoto has long been one of the biggest mysteries of the internet age. A…
Japan pay data, China markets
SINGAPORE — Chinese markets skyrocketed over 10% at the open Tuesday, after coming back from the Golden Week holiday as…
Samsung posts disappointing third quarter profit guidance as it grapples with AI chips
South Korean tech giant Samsung Electronics said it expects worse-than-expected profit for the third quarter.In guidance released Tuesday, the world's…
CBS News says heated Ta-Nehisi Coates interview did not meet editorial standards after criticism
CBS News executives said Monday that a heated morning show interview with acclaimed author Ta-Nehisi Coates, during which his new book…
Japan’s Nikkei opens up 2% as Asia markets mostly climb ahead of a week of central bank decisions
Asia-Pacific markets mostly climbed on Monday, led by Japan's Nikkei 225 gaining 2% as investors look ahead to a week…
Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say
Activist investor Starboard Value has a roughly $1 billion stake in pharmaceutical giant Pfizer and is seeking to mount a…
How companies can ease the strain on employees taking care of elderly parents or ill family members
Taking care of an elderly parent or seriously ill spouse or family member can be physically and emotionally draining —…
Fed rate cuts should favor preferred stocks, Virtus money manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren't as…
China-linked security breach targeted U.S. wiretap systems, WSJ reports
U.S. broadband providers had their networks breached in a cyberattack tied to the Chinese government that targeted wiretap requests, the…
False claims about the federal response to Helene are an ominous sign for the coming election
False claims about the federal response to the historic devastation left by Hurricane Helene are spreading out of control on social media, hampering recovery…