Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026.Danielle DeVries | CNBCLucid Group said...
business news
A new analyst is out with coverage on SpaceX. Why KeyBanc thinks the stock could be cut in half
SpaceX received a cautious appraisal from KeyBanc Capital Markets, which said the stock's lofty valuation already reflects much of its...
'Reward for failure': Investor support for Target chair Brian Cornell falls to lowest level ever
Brian Cornell, Executive Chairman of the Target Corporation.Anjali Sundaram | CNBCTarget has promised investors that it's pursuing an aggressive turnaround...
Stocks making the biggest moves premarket: Apogee Therapeutics, SpaceX, Arcosa & more
Check out the companies making the biggest moves premarket: Apogee Therapeutics — The biotechnology company soared 50% after AbbVie confirmed...
Alan Greenspan, former chairman of the Fed, dies at age 100
Alan GreenspanAndrew Harrer | Bloomberg | Getty ImagesAlan Greenspan, the "Maestro" who presided over the Federal Reserve for 19 years...
Oil falls as Qatar, Pakistan announce 60-day roadmap for U.S.-Iran deal
APA Corporation's Forties Alpha oil platform in the North Sea.Courtesy: APA CorporationBrent oil futures fell on Monday after mediators Qatar...
54 injured and 18 missing after explosion at Qatar LNG site, authorities say
RAS LAFFAN INDUSTRIAL CITY, QATAR - MARCH 3: A picture of Qatar Energy's operating facilities on March 3, 2026 in...
U.S., Iran agree on roadmap for final deal and plan to end military operations in Lebanon
The U.S. and Iran made progress during talks in Switzerland on Monday toward reaching a final deal within 60 days,...
Stock futures fall as oil prices rise; investors await key reading on inflation: Live updates
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 18,...
The AI trade has left the hyperscalers in the dust. What will it take for that to change?
We are beginning to see the real weaknesses in these hyperscalers. Amazon , Alphabet , Microsoft and Meta Platforms may...
Trump threatens Iran with fresh strikes as Vance leads peace talks in Switzerland
U.S. Vice President JD Vance (L) speaks next to Pakistan's Prime Minister Shehbaz Sharif (C) and Qatar's Prime Minister and Minister...
'Regime change but in a velvet glove': How Kevin Warsh has set out to remake the Fed
Federal Reserve Chair Kevin Warsh speaks to reporters during his first news conference since taking the helm at the central...
Report says UK PM Starmer ready to quit, but source says he is still focused on the job
UK Prime Minister Keir Starmer speaks to media as he reacts to the local Council Election results at AFC Wimbledon...
Massive fire destroys resort in Dominican Republic and forces evacuation of almost 1,700 tourists
A security guard walks past fire-damaged structures at the Viva Dominicus Beach hotel in Bayahibe, La Altagracia province, Dominican Republic,...
Trump tries to blame Reflecting Pool woes on vandalism, without offering substantiation
Seen through algae-laden green water, a tear in the recently applied sealant can be seen on the bottom of the...
Iran reportedly closes Strait of Hormuz again, casting shadow over nuclear talks
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. Stringer | ReutersIran declared the Strait...
Bitcoin's future as revolutionary as the smartphone, according to CoinDesk
CoinDesk's president of indices and data has a message for investors: Don't count out bitcoin."When I got my first smartphone,...
The budget airline model in the U.S. is running out of runway
An Allegiant Air airplane is pushed back from the terminal at Harry Reid International Airport on March 15, 2026 in...
Iran's military command says Strait of Hormuz is closed again, citing Israeli attacks in Lebanon
NABATIEH, LEBANON - JUNE 19: An Israeli Army airstrike is seen on June 19, 2026 in Nabatieh, Lebanon. Israel continued...
AI buildout gives tech investors new reasons to watch bond market
Artificial intelligence is giving tech investors an entirely new reason to pay attention to the Federal Reserve. For years, megacap...
