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Lucid Just Soared 29% After Calling Bankruptcy Rumors “Completely False.” Here’s What Its Balance Sheet Actually Shows.
It was a wild two days for Lucid (LCID +8.57%) shareholders. On Tuesday, a report from an electric vehicle blog, citing two unnamed sources, claimed the luxury EV maker had brought in consulting firm AlixPartners to weigh a Chapter 11 bankruptcy filing or a take-private deal. Shares lost more than half their value at Tuesday’s…
Israeli Strike Kills Seven in South Lebanon Amid Ongoing Tensions
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Better’s new CEO pledges enterprise focus after another loss
Better’s new boss is promoting the lender’s shift toward an enterprise strategy, a plan which could see it also expand into the wholesale space. Processing Content Interim CEO Daniel Lewis led his first earnings call Thursday afternoon, just days after founder and ex-CEO Vishal Garg agreed to transition to the board of directors. He inherits…
Section 24 tops the list again, the one tax change that would bring landlords back
12:02 AM, 31st July 2026, 2 days ago 7 Across two quarters, landlords have been asked what would tempt them to buy again. The answer has not budged. Ahead of falling interest rates, ahead of scrapping the Renters’ Rights Act, ahead of lower Stamp Duty, one lever sits at the top: reverse Section 24. When…
