Breaking News: Business

Lucid CEO says Wall Street misinterpreted .75 billion capital raise

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

Lawrence Booth

Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq ...

GM updates highly profitable large SUVs

GM updates highly profitable large SUVs

Ev Richard

DETROIT — General Motors has updated its highly profitable large SUVs for Chevrolet for the 2025 model year to defend ...

Spirit AeroSystems to furlough 700 workers as Boeing strike continues

Spirit AeroSystems to furlough 700 workers as Boeing strike continues

Bob Elliott

Airplane fuselages bound for Boeing’s 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems ...

elections, hurricanes to affect retail spending

elections, hurricanes to affect retail spending

Mickey Vernon

A Macy’s store is seen at Herald Square on December 11, 2023 in New York City. Michael M. Santiago | ...

Spirit Airlines extends debt refinancing deadline hours before expiration

Spirit Airlines extends debt refinancing deadline hours before expiration

Bob Elliott

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. ...

Embraer CEO says jet maker studying possibilities for a new aircraft

Embraer CEO says jet maker studying possibilities for a new aircraft

Bob Elliott

Embraer CEO Francisco Gomes Neto speaks during the Embraer Media Day 2022 at the aircraft factory in Sao Jose dos ...

Stellantis to sell, shutter large proving grounds amid cost-cutting

Stellantis to sell, shutter large proving grounds amid cost-cutting

Mickey Vernon

Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, ...

Lucid shares tumble on public offering of nearly 262.5 million shares

Lucid shares tumble on public offering of nearly 262.5 million shares

Lawrence Booth

Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom on May 24, 2024 in San ...

United Airlines (UAL) 3Q 2024 earnings

United Airlines (UAL) 3Q 2024 earnings

Bob Elliott

A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. ...

Boeing to raise as much as  billion to shore up balance sheet

Boeing to raise as much as $25 billion to shore up balance sheet

Bob Elliott

Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a ...