Lucid delivered 3,806 EVs and produced 2,954 vehicles during the third quarter. That compared with 4,078 deliveries on production of 3,891 vehicles a year earlier. Lucid delivered 3,806 EVs and produced 2,954 vehicles…
Category: News
AstraZeneca CEO says Summit drug could drive next generation of cancer combinations after $2 billion investment
Pascal Soriot spoke exclusively with CNBC from the site of AstraZeneca’s new $1 billion R&D facility in Kendall Square in Cambridge, Massachusetts. Pascal Soriot spoke exclusively with CNBC from the site of AstraZeneca’s…
David Ellison and Ynon Kreiz announce Skydance leadership team
The leadership team for Skydance, the merged entity of Paramount Skydance and Warner Bros. Discovery, will include Bari Weiss, Mark Thompson and Casey Bloys. The leadership team for Skydance, the merged entity of…
GM says hybrid vehicles are coming: ‘We’re not tone deaf to our customers’
Hybrids are growing in popularity, as sales of the vehicles keep climbing. Hybrids are growing in popularity, as sales of the vehicles keep climbing.Business News
Why airfares could rise even more, but airline profits won’t
Airlines are trimming capacity as jet fuel prices keep climbing and travelers keep booking. Airlines are trimming capacity as jet fuel prices keep climbing and travelers keep booking.Business News
Chick-fil-A wants to stay a family business even as it expands in the U.S. and abroad
Chick-fil-A has been expanding into new international markets and growing its menu under CEO Andrew Cathy. Chick-fil-A has been expanding into new international markets and growing its menu under CEO Andrew Cathy.Business News
Why brands like E.l.f., Wendy’s and Gap are branching out into original music
E.l.f. Beauty released an album titled “Mirror Mix” as the brand plans to increase its marketing spend for the rest of the year. E.l.f. Beauty released an album titled “Mirror Mix” as the…
Private capital is reshaping Hollywood moviemaking
As Hollywood’s financing structures diversify, private capital is increasingly funding the big screen and changing the types of movies that are being made. As Hollywood’s financing structures diversify, private capital is increasingly funding…
High-tech vehicles are driving up auto repair costs for shops and consumers
Investments in ADAS calibration equipment, computers and software subscriptions can drive up the cost of even a windshield replacement or an oil change. Investments in ADAS calibration equipment, computers and software subscriptions can…
FAA says Boeing 737 Max software glitch not a flight-safety issue
The FAA on Monday said it was reviewing the software glitch, which could affect procedures during certain landings. The FAA on Monday said it was reviewing the software glitch, which could affect procedures…