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Lucid increases electric vehicle deliveries by 55% in 2025, in line with reduced guidance

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✨ Check out this awesome post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: The Lucid Air electric car is displayed at a mall in Scottsdale, Arizona, US, September 27, 2021. Hyunjoo Jin | ReutersLucid Collection Its production and sales increased significantly last year as it continued to increase production of its new Gravity SUV.The all-electric vehicle maker said Monday that its deliveries increased last year to 15,841 units, up 55% compared to 2024, including a more than 70% year-on-year increase during the fourth quarter.The automaker also achieved a previously low production target of around 18,000 vehicles in…

Comcast Spinoff Versant (VSNT) begins trading on the Nasdaq

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💥 Check out this insightful post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Versant Media Group, a collection of cable television networks and digital assets created by Comcastjoins a small group of public media companies as the industry deals with ongoing disruption. Versant begins trading on the Nasdaq on Monday under the ticker symbol "VSNT." The company's so-called "at issue" stock — a security that is expected to be issued and has been allowed to trade on a conditional basis to give investors an early opportunity to buy shares — initially began trading on Dec. 15 at…

Novo Nordisk’s first GLP-1 obesity pill is launched in the United States

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🚀 Read this must-read post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvärde, on the outskirts of Copenhagen, November 24, 2025.Tom Little | ReutersNovo Nordisk The company announced that it will begin rolling out its first GLP-1 weight-loss pill in the United States on Monday, marking a new chapter in obesity treatment in the United States. The drug's cash prices are among the lowest on the market, ranging from $149 to $299 per month, depending on the dose. This fuels hopes that…

Saks Global announces new CEO Richard Baker amid bankruptcy reports

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🔥 Check out this insightful post from Business News 📖 📂 Category: ✅ Here’s what you’ll learn: A pedestrian walks past the Saks Fifth Avenue women's store on Brookfield Place in New York, United StatesAlison Joyce | Bloomberg | Getty ImagesSaks Global named a new CEO on Friday, as the retailer was reportedly on the verge of filing for bankruptcy protection.The parent company of the privately held upscale department store chain Saks Fifth Avenue will now be led by Richard Baker, the company's CEO, Saks said in a press release. He will continue to serve as CEO.With these changes, Saks…

Why will class wars intensify in airlines in 2026?

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✨ Check out this must-read post from Business News 📖 📂 Category: 💡 Key idea: Planes line up on the tarmac at LaGuardia Airport on November 10, 2025 in New York City.Spencer Platt | Getty Images News | Getty ImagesFrom Spirit Airlines' battle for survival to... American Airlines“Planned Glow From new international routes and brand new airport lounges to stricter frequent flyer policies, the class divisions in the sky will be hotter in 2026.”Airlines entered 2025 optimistic: Delta Airlines CEO Ed Bastian predicted a record year for the century-old carrier. But concerns about President Donald Trump's trade war, consumer anxiety…

Ram TRX V-8 pickup truck returns $100,000

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💥 Check out this awesome post from Business News 📖 📂 Category: 💡 Main takeaway: 2027 Ram 1500 SRT TRXStellantisDETROIT — Stellantis The company is reviving a V-8-powered Ram pickup truck called the TRX as the company faces fewer federal emissions regulations and enacts a U.S. sales turnaround plan for its brands. The 2027 Ram 1500 SRT TRX will be available in late 2026 for about $100,000, the automaker said Thursday. It was first produced for the 2021-2024 models before being canceled as the company reduced focus on V-8 engines.The TRX is powered by a 6.2-liter supercharged "Hellcat" gasoline engine…

Box office Fire and Ash had a domestic opening of $88 million

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🔥 Check out this awesome post from Business News 📖 📂 Category: ✅ Here’s what you’ll learn: A still from the Disney movie "Avatar: Fire and Ash".DisneyOpening weekend for Disney “Avatar: Fire and Ashes” was less fire and more boiling.This is the expectation for the full theatrical release of the third part of the Avatar series, directed by James Cameron. During its first three days in theaters, “Fire and Ash” grossed $88 million, well short of analysts’ expectations, which expected its debut to be between $110 million and $125 million. For comparison, 2022's "Avatar: The Way of Water" grossed $134…

The NBA is seeking ownership of the European Basketball League groups

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💥 Read this trending post from Business News 📖 📂 Category: ✅ Key idea: NBA Commissioner Adam Silver speaks during a news conference following the NBA Board of Governors meeting at the Thomas & Mack Center in Las Vegas, July 15, 2025.Chase Stevens | Las Vegas Review-Journal | Getty ImagesThe NBA is looking to Europe for the next stage of growth. The league announced Monday that it will move forward with a joint exploration of a new men's professional league in Europe, in partnership with the International Basketball Federation, also known as FIBA. The NBA said it plans to begin…

Paramount WBD Tender Offer: Arguments For and Against

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🚀 Discover this trending post from Business News 📖 📂 Category: 💡 Here’s what you’ll learn: Ted Sarandos, left, co-CEO of Netflix, and David Zaslav, CEO of Warner Bros. Discovery.Mario Anzoni | Mike Blake | ReutersHours ago Warner Bros. Discovery It agreed to sell the studio and its broadcast assets to... NetflixNetflix co-CEO Ted Sarandos called WBD CEO David Zaslav to inform him that Netflix would not make higher offers. WBD contributors now have a chance to expose Sarandos' bluff.WBD shareholders have until January 21 to offer their shares to Paramount for $30 in cash, though that deadline may be…

Paramount has secured Larry Ellison’s backing for the adapted show

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🚀 Discover this must-read post from Business News 📖 📂 Category: 📌 Main takeaway: American film producer David Ellison arrives for the premiere of Paramount's "Transformers: Rise Of The Beasts" in New York City on June 5, 2023. Angela Weiss | AFP | Getty ImagesParamount Skydance On Monday, it secured the support of billionaire Larry Ellison in a revised buyout offer Warner Bros. Discovery - A clear response to the questions posed by the WBD Board of Directors. “Larry Ellison has agreed to provide an irrevocable personal guarantee of $40.4 billion in equity financing for the show and any compensation…