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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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A key market indicator hasn’t been this high since the Great Recession
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
Coinbase picks Ireland as its main EU regulatory hub as U.S. authorities go on the offensive
Cryptocurrency exchange Coinbase has chosen Ireland as its main operational and regulatory hub in the European Union, the company told…
Israel-Hamas war, Gaza updates for Oct. 19, 2023
'We can't ignore the humanity of innocent Palestinians:' Biden addresses Israel-Hamas war as fighting ragesIn a rare prime-time Oval Office…
Tyson, one of the biggest meat producers, is investing in insect protein
Tyson, a major US producer of beef, pork and chicken, is betting on protein that comes from insects. The meat…
Net worth surged 37% in pandemic era for the typical family, Fed finds — the most on record
Net worth surged for the typical family during the pandemic era, largely on the back on higher home and stock…
10-year Treasury yield rises to 5%, the highest level for the key rate in 16 years
The benchmark 10-year Treasury yield rose on Thursday, hitting a 16-year high as investors pored over remarks from Federal Reserve…
Who is Liz Magill, the University of Pennsylvania’s embattled president?
When University of Pennsylvania President Liz Magill was tapped for the post just 18 months ago, she was heralded as…
Coinbase is ‘confident’ a U.S. bitcoin ETF will be approved after SEC’s court defeat
Coinbase is confident that a U.S. bitcoin exchange-traded fund will be approved by the U.S. Securities and Exchange Commission, the…
American Airlines posts third-quarter loss and trims 2023 profit forecast
American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year, partly in response to…
China’s arrest of Japanese man could unsettle foreign firms even more
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
U.S. weekly jobless claims total 198,000, fewer than expected
Initial filings for unemployment benefits dipped last week, indicating that the U.S. labor market remains tight and a potential factor…
Stocks making the biggest moves premarket: Tesla, Netflix, Peloton and more
Check out the companies making headlines before the bell. Tesla — Shares of the electric vehicle manufacturer dropped more than…
AirAsia chief Tony Fernandes criticized after posting shirtless massage photo on LinkedIn
AirAsia boss Tony Fernandes has created a firestorm on social media after sharing a photo of himself receiving a massage…
After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard
Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could…
India-Canada diplomatic spat escalates as Ottawa pulls out 41 diplomats
Canada has pulled 41 diplomats and their families from India, after New Delhi threatened to have their diplomatic immunities revoked…
Harvard and UPenn donors are furious. It may have a financial domino effect
Influential donors to Harvard University and the University of Pennsylvania say they will cut their ties to the schools in…
Turbine troubles have sent wind energy stocks tumbling — and a slew of issues remain
As the biggest players in wind energy gear up to report quarterly earnings, supply-chain reliability issues are front and center…
Ukraine ally Poland is moving to the political center. And that’s bad news for Russia’s Putin
Poland's election result may not go down well in Moscow, as observers describe a victory for liberal centrism and an…