Lucid names auto industry outsider as CEO, expands Uber deal
Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive.…
Category: Business & Finance
The International Energy Agency is really worried about the global oil market
Since the start of the Iran conflict, investors around the world have been worried that tight global oil…
Traders Target Bond Market Rally on Iran War ‘Tone Change’
Optimism about a possible peace deal in the Middle East and lower oil prices has bond traders positioning…
Wall Street Investors Learn to Live With War as Stocks Surge
It’s been two months since the war in Iran began, with no clear end in sight. But after…
S&P Nears Fresh Record on Iran Peace Push | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Isabelle Lee,…
Novo Nordisk’s stock rallied after drugmaker reveals deal with OpenAI
Novo Nordisk is working with OpenAI on a broad deal that will use artificial intelligence to more quickly…
Crypto exchange Kraken confirms it has confidentially filed for an IPO
Kraken co-CEO Arjun Sethi said the crypto exchange has confidentially filed for a U.S. initial public offering, confirming…
US-Sanctioned Tanker Linked To China Tests Trump Blockade
A US-sanctioned tanker linked to China sailed out of the Strait of Hormuz and into the Gulf of Oman, testing…
Albertsons cites slower GLP-1 growth, higher gas prices for a sales miss and downbeat outlook
Albertsons’s stock was falling Tuesday after a sales miss and an announcement that the grocery-store chain has reached…
Wells Fargo CFO Sees Growth Across Business Lines
Wells Fargo CFO Mike Santomassimo breaks down the bank's first-quarter earnings and discusses growth prospects and the private…