Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units. Lucid said Marc Winterhoff, currently the company’s chief operating officer, will step in as interim CEO. Rawlinson will serve as a “strategic technical…
Elon Musk’s status as the world’s wealthiest person is in no danger of changing. But since mid-December, the tech…
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches…
McDonald’s is leaning into its reputation as a breakfast value offering, vowing to reject a surcharge on meals with…
Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one…
Denny’s is the latest nationwide restaurant chain to announce surcharges for meals that include eggs in response to a…
Fabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would…
Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for…
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration…