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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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Stocks making the biggest moves premarket: Disney, Lyft, Krispy Kreme and more
Check out the companies making headlines before the bell. Virgin Galactic — Shares rose nearly 9% after the space tourism…
Ohio just legalized cannabis. Now comes the hard part
Ohio certainly wasn’t the first state to legalize recreational cannabis — 23 other states have done so since 2012 —…
‘The Marvels’ is probably headed for one of the worst MCU box office openings ever
It was always going to be tough to top "Avengers: Endgame," but what has spilled out from Disney and Marvel…
Astra founders offer to take company private at value of about $30 million
The founders of struggling space company Astra have offered to take the company private at a value of about $30…
Shell sues Greenpeace for $2.1 million after boarding oil vessel
Shell is suing Greenpeace for $2.1 million in damages after the environmental group’s activists boarded the company’s oil production vessel in transit at…
Plunging pork prices tip China back into deflation
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
Beijing is ready to improve ties with US, says Chinese vice-president
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
Disney is in trouble. Bob Iger has 5 big problems to solve
The magic has been missing this year for Disney. Last month, the company celebrated its 100th anniversary – and there…
Singles Day: China’s e-commerce giants try to lure reluctant consumers with ‘truly low’ prices
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
Sony reports 29% drop in operating profit as weakness in chip business hits home
Sony on Thursday reported a 29% drop in operating profit in the fiscal second quarter as the Japanese electronics giant suffered…
Americans say the economy stinks. But they’re spending like it’s great
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up…
SoftBank’s Vision Fund ekes out gain but company posts $6.2 billion quarterly loss
SoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss.Here's how…
A former Fox News correspondent is refusing to reveal a source. Her fate is now in a judge’s hands
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the…
‘Barbie’ brought in $1.5 billion for Warner Bros. Discovery, but the company still lost money last quarter
Blockbuster hit “Barbie” brought in a record $1.5 billion for Warner Bros. Discovery, but the company still reported a $417…
Apple co-founder Steve Wozniak hospitalized in Mexico City, source says
Apple co-founder Steve Wozniak was hospitalized in Mexico City on Wednesday, a source from the organizers of the World Business Forum (WBF),…
With big new EV motor investment, GM aims to cut reliance on China
General Motors has entered into a partnership with a small Wisconsin start-up, Niron Magnetics, to develop electric motor magnets that…
Janet Yellen to host China’s top economic official ahead of expected Biden-Xi talks in San Francisco
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
Ramaswamy throws punches, but Haley and DeSantis hit back
Christie blames Trump for failing to ban TikTok Christie laid the U.S. panic over Chinese social media app TikTok at…