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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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Peloton shares sink on wider-than-expected loss, ‘bad news’ for paid subscriptions
Shares of Peloton sank about 6% in premarket trading Thursday after the company reported a wider-than-expected quarterly loss, a tepid…
Palantir shares pop 14% after its third-quarter results beat estimates
Shares of Palantir popped 14% in premarket trading Thursday, after the company released third-quarter earnings that beat analysts' expectations and…
How Microsoft’s AI is making a mess of the news
False claims that President Joe Biden fell asleep during a moment of silence for victims of the Maui wildfire. A conspiracy theory that…
Uber, Lyft to pay $328 million to settle wage-theft allegations in New York state
Uber and Lyft agreed to pay a combined $328 million to settle allegations the ride-hailing companies unlawfully withheld wages from…
Eli Lilly results top estimates on Mounjaro strength but slashes full-year profit outlook
Eli Lilly on Thursday reported third-quarter revenue and adjusted earnings that topped estimates on strong demand for its diabetes drug…
NY Attorney General announces $328 million in settlement funds from Uber and Lyft for ‘stealing earnings’
Thousands of rideshare drivers in New York may be eligible to receive significant back pay from Uber and Lyft as…
Starbucks beats on the top and bottom line as customers buy up pricier drinks
Starbucks on Thursday reported quarterly earnings and revenue that topped analysts' expectations, fueled by strong U.S. demand for its pricier…
Shell posts $6.2 billion third-quarter profit, announces $3.5 billion share buyback
British oil giant Shell on Thursday reported $6.2 billion profit for the third quarter, roughly in line with estimates, as the…
AI Chatbots are scraping news reporting and copyrighted content, News Media Alliance says
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling…
Magnolia Bakery is turning its most iconic desserts into cannabis edibles
Magnolia Bakery’s famous banana pudding is being whipped up in a new version that triggers elation in a different kind…
As Gaza conflict rages, online maps from Chinese companies are missing Israel’s name
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
American inequality is rising despite higher wages
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
T.J. Holmes and Amy Robach return to the air with a podcast. ‘Nothing is off limits’ for the former ABC anchors
Former ABC News anchors T.J. Holmes and Amy Robach are on-air partners again, this time with a new podcast. The…
In closing arguments, lawyers spin a tale of two very different Sam Bankman-Frieds
Attorneys gave their closing arguments Wednesday to the jurors who will decide Sam Bankman-Fried’s fate, offering two diametrically different versions…
Vote to expel GOP Rep. George Santos fails in House
The House of Representatives on Wednesday overwhelmingly voted down a bid to expel embattled Republican Rep. George Santos of New…
Delta lays off some corporate workers to cut costs
Delta Air Lines is cutting some corporate jobs in an effort to cut costs as the industry grapples with higher…
Apple’s ‘scary fast’ upgrades hint at its vision for the AI era
During an Apple product launch the night before Halloween, Apple CEO Tim Cook – wearing all black at its Cupertino,…
Charles Schwab lays off about 2,000 employees
Charles Schwab has laid off about 5% to 6% of its employees, amounting to roughly 2,000 people, as it looks…