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Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst...
Read moreSome Juul users are receiving thousands of dollars as part of a $300M class action settlement
Four-figure checks tend not to fall out of the sky. But a group of e-cigarette users are suddenly finding themselves...
Read moreEmbraer CEO says jet maker studying possibilities for a new aircraft
Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco...
Read moreSpirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, a spokesman for...
Read moreBoeing workers to vote on new proposal that could end strike
Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end a more...
Read moreChick-fil-A is releasing its own entertainment app, with family-friendly shows and podcasts
Chicken sandwiches, waffle fries, milkshakes — and now TV shows and podcasts? Chick-fil-A plans to launch a new app on...
Read moreDisney will name Bob Iger’s replacement in early 2026
Disney has tapped James Gorman to replace Mark Parker as the company’s next chairman, effective in January, as the media giant...
Read moreMicrosoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce
LONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next month, taking the fight back...
Read moreTikTok parent company dismisses intern who it says ‘maliciously interfered’ with its AI technology
TikTok’s parent company says it has dismissed an intern who it found had ‘maliciously interfered’ with its artificial intelligence technology...
Read moreAmazon makes first foray into live news with election night special hosted by Brian Williams
Amazon said Thursday it plans to host an election night special anchored by Brian Williams, marking the company’s first foray into...
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McDonald’s is the latest company to roll back diversity goals
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices,...
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U.S. Steel sues Biden admin, union boss after president blocks acquisition deal
U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president...
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Sierra Space CEO leaves as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday. In a statement, Sierra Space said Vice retired Dec. 31....
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Eli Manning says ‘only one team’ he’d take an ownership stake in: The New York Giants
Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara...
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