Electric vehicle startup raises $4 billion in SPAC offering to compete against Tesla
Luxury electric vehicle startup Lucid Motors went public after a merger with “blank-check” firm Churchill Capital Corp IV, in the largest…
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Luxury electric vehicle startup Lucid Motors went public after a merger with “blank-check” firm Churchill Capital Corp IV, in the largest…
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AUSTIN, Texas — Five board members of the Electric Reliability Council of Texas — the entity that manages and operates the electricity grid that…
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Wall Street is increasingly concerned that a wave of spending when the economy reopens could cause prices to spike, spoiling the financial market…
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Instacart started as a grocery delivery service. But it’s increasingly moving into delivering office supplies, sporting goods, televisions,…
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SPAC mania has entered the celebrity phase. Colin Kaepernick, Shaquille O’Neal, Larry Kudlow and pop star Ciara are all lending their star…
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Tesla, the hottest stock in the market for more than a year, has sunk into bear market territory. Shares of Tesla fell 6% Tuesday after closing down…
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Adam Neumann, the disgraced former CEO and cofounder of WeWork, may soon have a massive payday as part of a possible settlement with SoftBank, the…
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Uncle Sam is in search for a pot of gold that could ease the pain of trillion-dollar deficits. And some believe Wall Street might just have the…
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JPMorgan Chase and Google launched a program Tuesday to help banks owned and led by people of color increase their lending capabilities. The new…
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Governor Andrew Cuomo announced Monday that movie theaters would reopen in New York City next month, welcome news for an industry that has been…
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Goodyear has agreed to buy rival Cooper for $2.8 billion. The deal will give America’s largest tire producer a much bigger footprint around the…
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Hillary Clinton is working on a book with Canadian mystery novelist Louise Penny, set in the aftermath of US political chaos. The book, titled…
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HSBC is pushing even harder into Asia as the bank seeks to shore up its business in the wake of the coronavirus pandemic. It’s also bringing…
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A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. More than 500,000…
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Federal regulators are looking closely at the Texas energy market after natural gas prices rocketed during last week’s deep freeze. And…
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Oatly, the popular oat milk maker backed by Oprah, is making plans to go public. The Swedish company said it filed confidential IPO forms with the…
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Ahmed Zaki Yamani, the long-serving Saudi oil minister who masterminded an OPEC embargo that plunged western economies into recession in 1973, has…
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Victoria Richardson turns away from her favorite show, “Chicago Med,” every time a plotline revolves around the coronavirus pandemic. The…
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The pandemic has slammed Macy’s and other department stores. But signs of a recovery are beginning to emerge. Macy’s said Tuesday that it…
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Bitcoin’s roller coaster ride continues. The top cryptocurrency surged to a new all-time high above $58,000 on Sunday but fell to just above…
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When Michelle Gass took over as Kohl’s CEO in 2018, she tried getting creative to bring more shoppers into stores. The company had just struck…
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Jay-Z and luxury goods giant LVMH have a reason to break out the bubbly. LVMH, which owns Dom Pérignon and Moët & Chandon, has taken a 50%…
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Companies are now being forced to answer a question that was until recently mostly hypothetical. Should they require their employees to get a…
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HSBC is pushing even harder into Asia as the bank seeks to shore up its business in the wake of the coronavirus pandemic and ongoing tensions between…
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Dominion Voting Systems, the election technology company that has been the focus of debunked conspiracy theories about election fraud, is suing…
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Airlines in the United States, South Korea and Japan have grounded dozens of Boeing 777 aircraft after one of the jets suffered engine failure…
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The principal chief of the Cherokee Nation has asked Jeep to stop using the tribe’s name on its SUVs. The Jeep Grand Cherokee is the…
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Nearly 30,000 Macs worldwide have been infected with mysterious malware, according to researchers at security firm Red Canary. The issue was somewhat…
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Late last year it seemed Boeing was finally on the verge of moving past some of the biggest challenges in its history. US regulators lifted the…
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Hayley Arceneaux, a 29-year-old cancer survivor and physician assistant at St. Jude children’s hospital, got an out-of-the-blue question from…
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