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EV maker Lucid surges on report Saudi PIF to buy remaining stake

Jan 27 (Reuters) - Lucid Group's (LCID.O) shares surged 43% on Friday, paring gains after doubling on market speculation that Saudi Arabia's Public Investment...

Who is Barry Silbert, the head of Genesis-owner DCG?

Jan 20 (Reuters) - As an investment banker, Barry Silbert worked on some of the highest-profile corporate failures. Now, as founder of venture capital...

Biden arrives in California to tour damage from severe storms

MOFFETT FEDERAL AIRFIELD, Calif., Jan 19 (Reuters) - U.S. President Joe Biden arrived in California on Thursday to tour areas hit hard by a...
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Flood, mudslide threats prompt evacuations along California coast

MONTECITO, Calif., Jan 9 (Reuters) - The latest in a string of Pacific storms blamed for at least 12 deaths soaked California on Monday,...

Factbox: The 10 biggest U.S. retail bankruptcies in 5 years

NEW YORK, Jan 9 (Reuters) - Storied home goods chain Bed Bath & Beyond (BBBY.O) is preparing for bankruptcy in coming weeks following a...

California braces for ‘parade of cyclones’ after week of floods

Jan 8 (Reuters) - Torrential downpours and damaging winds had left hundreds of thousands of homes and businesses without power in California on Sunday...
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Magnitude 5.4 earthquake strikes northern California

Jan 1 (Reuters) - A 5.4-magnitude earthquake struck 15 km (9.3 miles) southeast of California's Rio Dell region, an area still recovering from a...

Higher mortgage rates depress U.S. single-family housing starts, building permits

Housing starts fall 0.5% in NovemberSingle-family starts drop 4.1%; multi-family up 4.8%Building permits plunge 11.2%; single-family fall 7.1%WASHINGTON, Dec 20 (Reuters) - U.S. single-family...

Thousands reported without power after 6.4 earthquake strikes offshore California

Dec 20 (Reuters) - A strong 6.4-magnitude earthquake struck off the coast of northern California on Tuesday, the U.S. Geological Survey said, leaving thousands...
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Sam Bankman-Fried’s sudden turn from white knight to detainee

Dec 12 (Reuters) - The sudden fall from grace and arrest of FTX's former CEO Sam Bankman-Fried has stunned investors and crypto enthusiasts who...

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