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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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Google Maps just got another update, here’s what’s new
Google Maps is expanding preexisting features and unveiling some new ones, according to a Thursday announcement.The company said artificial intelligence…
An Al Jazeera journalist learned his family had been killed while on the air. It offered the world a glimpse of the horrors in Gaza
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling…
Stocks making the biggest moves before the bell: Hasbro, Southwest, Hershey, Royal Caribbean and more
Check out the companies making headlines in premarket trading. Hasbro — The toymaker tumbled 9.2% following a weaker-than-expected financial report…
European Central Bank holds interest rates steady after 10 consecutive hikes
The European Central Bank ended its run of interest rate hikes on Thursday, despite new upside risks to inflation from…
L.L. Bean closes headquarters, stores and factories in Maine after mass shooting
L.L. Bean has shuttered its flagship store, corporate headquarters, factories and other facilities in Maine, the outdoor goods retailer told…
Watch live: ECB President Christine Lagarde speaks after opting to hold rates
European Central Bank President Christine Lagarde is giving a press conference following the bank's latest monetary policy decision.The ECB ended its…
U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected
The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong consumer in spite of…
The US economy grew at a robust 4.9% rate in the third quarter
The US economy expanded at a remarkably strong pace in the third quarter, despite interest rates at their highest level…
The U.S. consumer is ‘walking towards a cliff,’ strategist warns
Trouble is brewing for the U.S. consumer, according to one strategist, and a substantial labor market downturn could kickstart a…
Turkey’s central bank hikes key interest rate to 35%
Turkey's central bank on Thursday hiked its key interest rate from 30% to 35%, in an ongoing bid to rein…
A time-honored investing strategy is under pressure. But don’t panic
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
Merck results beat expectations on strong Keytruda sales, surprise Covid drug growth
Merck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations on strong sales of its blockbuster cancer drug…
Comcast revenue and profit top estimates as Universal theme park sales soar
Comcast topped both revenue and profit estimates in the third quarter as the company added 294,000 wireless customers and NBCUniversal's…
UPS earnings fall, sees economic headwinds ahead
UPS reported sharply lower earnings in the third quarter and said it expects lower revenue and thinner profit margins ahead,…
Mercedes-Benz shares fall 6% as profit falls; CFO bemoans ‘brutal’ EV pricing
Mercedes-Benz shares were sharply lower Thursday after the German carmaker reported a decline in profit and revenue as challenges from…
How Country Garden became the new face of China’s spiraling property crisis
Move over Evergrande. There is a new poster child of China’s protracted real estate crisis — Country Garden. The homebuilder,…
Deutsche Bank shares surge as it promises more cash for investors
Shares in Deutsche Bank surged nearly 7% Wednesday after it said strong earnings meant it could pay out more cash…
U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment,…