flash-finance
Lucid Group Inc., a maker of high-end battery electric vehicles, didn’t so much stare into the abyss this week as bungee-jumped it. An article on an obscure EV blog claiming Lucid was considering filing for bankruptcy touched off an intra-day 57% plunge in the stock on Tuesday. While the company has
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Syria foils attempt to smuggle weapons to Hezbollah from Iraq, state news agency says Reuters
Bank of America is no longer working with Chicago on the sale of debt owed to the city from fines and fees, and officials have been unable to advance the deal so far this year, according to the mayor’s office.
A group of creditors to Aston Martin Lagonda Global Holdings Plc have picked Jefferies Financial Group Inc. as financial adviser as concern over the debt of the distressed British automaker grows, according to people familiar with the matter.
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Eli Lilly deal to buy AtaiBeckley boosts psychedelic stocks
Chevron Corp. expects to sign accords with Iraq on Friday that will advance its negotiations about investing in large oil fields, according to a senior company executive.
Banca Monte dei Paschi di Siena SpA’s board of directors raised broad concerns over a takeover bid by Intesa Sanpaolo SpA, saying the price offered appears low and that it relies on optimistic assumptions while exposing shareholders to risks.
Profit margins for US refiners making gasoline and diesel from crude oil are shattering records, as fuel supply disruptions driven by war lift prices for refined products.
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Ukrainian president forced into concession after ousting of popular minister prompts public and political backlash
On this episode of Trillions, we explore how this government transformation will affect stocks, bonds and exchange-traded funds.