Lucid to cut 1,300 workers amid signs of flagging demand for its EVs
Visits: 5Lucid CEO Peter Rawlinson said the job cuts will hit “nearly every organization and level, including executives.” Read More Go To Source
Visits: 5Lucid CEO Peter Rawlinson said the job cuts will hit “nearly every organization and level, including executives.” Read More Go To Source
Visits: 5Apple on Tuesday introduced Apple Pay Later, which will allow users to split their purchases into four payments spread over six weeks. Read More Go To Source
Visits: 5FTX co-founder Sam Bankman-Fried paid over $40 million in bribes to at least one Chinese government official, federal prosecutors alleged in a new indictment. Read More Go To Source
Visits: 3Bank of England Governor Andrew Bailey on Tuesday vowed to be “very vigilant” amid ongoing volatility. Read More Go To Source
Visits: 3Alibaba said Tuesday it will split its company into six business groups, each with the ability to raise outside funding and go public. Read More Go To Source
Visits: 8Turkish weapons sales, ramped up to meet surging demand due to the war in Ukraine, are bolstering its influence in Europe, the Middle East and beyond. Read More Go To Source
Visits: 6Asia, especially China, is an area of certainty amid global uncertainty, according to an annual economic outlook report released at the Boao Forum in Hainan. Read More Go To Source
Visits: 6Friday’s plunge in Deutsche Bank’s share price — despite relatively strong capital and liquidity positions — left many market watchers confounded. Read More Go To Source
Visits: 7Lyft’s cofounders, Logan Green and John Zimmer, will step back from their day-to-day roles as CEO and president, with David Risher as the new CEO. Read More Go To Source
Visits: 1Israeli Prime Minister Benjamin Netanyahu on Monday agreed to suspend a planned judiciary reform until the next parliament session after nationwide protests paralyzed the country. Read More Go To Source
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