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    Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

    by admin October 23, 2024
    October 23, 2024

    DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in…

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  • Business

    Elon Musk, Tesla, Warner Bros. Discovery sued over alleged ‘Blade Runner 2049’ AI ripoff for Cybercab promotion

    by admin October 23, 2024
    October 23, 2024

    Elon Musk, his car company, Tesla, and Warner Bros. Discovery were sued Monday over their alleged artificial intelligence-fueled copyright infringement of images from the film “Blade Runner…

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  • Business

    Some Juul users are receiving thousands of dollars as part of a $300M class action settlement

    by admin October 23, 2024
    October 23, 2024

    Four-figure checks tend not to fall out of the sky. But a group of e-cigarette users are suddenly finding themselves with a little…

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  • Business

    Amazon to shut down speedy brick-and-mortar delivery service

    by admin October 23, 2024
    October 23, 2024

    Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers, CNBC has learned. The company has stopped any new…

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  • Business

    New Boeing CEO to give clues about company’s future, while striking workers vote on new contract

    by admin October 23, 2024
    October 23, 2024

    Boeing has already braced investors for a rough quarterly report. Now, new CEO Kelly Ortberg has the chance to share his vision for the troubled manufacturer, from…

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  • Business

    Chick-fil-A is releasing its own entertainment app, with family-friendly shows and podcasts

    by admin October 22, 2024
    October 22, 2024

    Chicken sandwiches, waffle fries, milkshakes — and now TV shows and podcasts? Chick-fil-A plans to launch a new app on Nov. 18, with…

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  • Business

    Boeing workers to vote on new proposal that could end strike

    by admin October 22, 2024
    October 22, 2024

    Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end a more than month-long strike…

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  • Business

    Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce

    by admin October 22, 2024
    October 22, 2024

    LONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next month, taking the fight back to Salesforce, which introduced…

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  • Business

    Disney will name Bob Iger’s replacement in early 2026

    by admin October 22, 2024
    October 22, 2024

    Disney has tapped James Gorman to replace Mark Parker as the company’s next chairman, effective in January, as the media giant lays the groundwork…

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  • Business

    TikTok parent company dismisses intern who it says ‘maliciously interfered’ with its AI technology

    by admin October 22, 2024
    October 22, 2024

    TikTok’s parent company says it has dismissed an intern who it found had ‘maliciously interfered’ with its artificial intelligence technology effort. In a…

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