Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.
Mitchell Starc has withdrawn from the ICC Champions Trophy for personal reasons, leaving Australia without their top fast bowlers. Steve Smith will captain the team, which includes next-generation quicks like Spencer Johnson and Nathan Ellis. Starc’s departure is supported by Cricket Australia, though the exact reasons remain undisclosed.
The U.S. Food and Drug Administration (FDA) has approved FluMist — the nasal spray flu vaccine — for home use by a patient or adult caregiver, the agency announced. FluMist has been in use for a couple of decades, but this is the first time a vaccine for influenza has been approved for self-administration without…
The Bengal government responded to doctors’ protests by transferring RG Kar Medical College’s principal Suhrita Paul and three other officials, following the August 9 rape-murder of a junior doctor. Paul will now serve as principal of Barasat Medical College. The decision came after continued unrest and a march by doctors to the health department’s headquarters,…
President Trump on Monday issued an order to federal agencies to deny birthright citizenship to children of parents who are unauthorized immigrants or temporary visa holders, seemingly defying the longstanding interpretation of the 14th Amendment. CBS News legal contributor Jessica Levinson has more on the legality of that order and some of Mr. Trump’s other…
The November matchup is set for Delaware voters who will decide their state’s next governor. New Castle County Executive Matt Meyer won the Democratic primary Tuesday, besting Delaware Lt. Gov. Bethany Hall-Long and National Wildlife Federation CEO Collin O’Mara. Meyer was the only one of the three candidates who had not had political experience in…
Vice President JD Vance spoke at the Conservative Political Action Conference and touched on President Trump’s comments about Ukraine. CBS News’ Aaron Navarro reports. Also, Iulia-Sabina Joja, a senior fellow at the Middle East Institute, has more on what could happen next in Europe as talks develop about the Ukraine-Russia war.