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 nearly three years — CEO Peter Rawlinson told CNBC. Rawlinson said the raise, which included a public offering of nearly 262.5 million shares of its common stock,…
Chicken sandwiches, waffle fries, milkshakes — and now TV shows and podcasts? Chick-fil-A plans to launch a new app…
Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end a…
Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, a spokesman…
Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO…
Disney has tapped James Gorman to replace Mark Parker as the company’s next chairman, effective in January, as the media…
TikTok’s parent company says it has dismissed an intern who it found had ‘maliciously interfered’ with its artificial intelligence…
LONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next month, taking the fight…
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and…