EV startup Lucid Motors (LCID) released its fourth-quarter earnings on Tuesday, beating estimates with big expectations for 2025. Lucid said it expects to produce about 20,000 EVs this year with the output of its first electric SUV, the Gravity, ramping up. Q4 2024 earnings preview After four straight record quarters, Lucid delivered 10,241 vehicles last
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The Palisades nuclear generating station in Covert Township, Michigan. John Madill | The Herald-Palladium | AP COVERT, Mich. — A closed nuclear plant on the shores of Lake Michigan is aiming to construct the first small modular reactor in the U.S. by 2030. The owner of the Palisades nuclear plant, Holtec International, signed a strategic
A woman has admitted attempting to defraud Elvis Presley’s family by trying to auction off his Graceland mansion and property before a judge halted the mysterious foreclosure sale. Lisa Jeanine Findley had initially denied charges of mail fraud and aggravated identity theft in relation to the scheme but has now changed her plea in the
For the third year in a row, CNBC is working with market research firm Statista to list the world’s top financial technology companies. Including startups, scaleups and established tech players, the top global fintech list aims to assess companies using an objective, key performance indicator-based methodology. You can find out more information on the research
Associated Press Feb 25, 2025, 03:47 PM ET Open Extended Reactions DUBAI, United Arab Emirates — Third-seeded Andrey Rublev followed up his Qatar Open title with a first-round exit at the Dubai Championships, losing to qualifier Quentin Halys 3-6, 6-4, 7-6 (5) on Tuesday. For the 77th-ranked Halys, who next faces Roberto Bautista Agut, it
Ukraine has agreed terms with the United States on a crucial minerals deal, a Ukrainian government source has told Sky News. There has been no confirmation from the US side yet but Donald Trump said on Monday evening that his Ukrainian counterpart “would like to sign the minerals deal with me”. The accord, once signed,
Sir Keir Starmer has admitted his decision to increase defence spending was “accelerated” by Donald Trump taking office. The prime minister said today’s announcement was “three years in the making” after Russia invaded Ukraine – but a “very changed context” pushed him forward. Politics Live: PM warns ‘everything has changed’ after announcing defence spending boost
The body of a British businessman who went missing in Kenya more than a week ago was reportedly found in a sack of pineapples in a forest. Campbell Scott, believed to be from Dunfermline in Fife, Scotland, was last seen attending a conference at the JW Marriot Hotel in the capital Nairobi on 16 February.
This is the moment the government finally woke up to the enormity of the threat faced by the UK and the inability of its hollowed-out armed forces to cope. But make no mistake, today’s decision to increase military spending is not just about increasing the number of troops, warships and fighter jets or even ensuring
The BBC has apologised after it “missed opportunities that might have led to action” following claims of “bullying and misogynistic behaviour” against former Radio One star Tim Westwood. It comes after the publication of an independent external review carried out into Westwood‘s conduct during his time at the broadcaster, which found there were “a range
An elliptical galaxy located 88 million light-years from Earth has been observed displaying unusual characteristics, with astronomers identifying it as a cosmic predator. The latest images captured by the Very Large Telescope (VLT) at the European Southern Observatory (ESO) indicate that the galaxy, designated NGC 3640, has a history of consuming smaller galaxies and may
Justin Sullivan | Getty Images At PayPal‘s first investor day in four years, CEO Alex Chriss will deliver a clear message to shareholders: Venmo isn’t just an easy way to split the dinner tab. Chriss, who took the helm in September 2023, is trying to spur a turnaround at the payments company, and Venmo is
Defence spending will increase to 2.5% of GDP by 2027 while the foreign aid budget will be cut, Sir Keir Starmer has announced ahead of a meeting with Donald Trump. The prime minister, in an unexpected statement in parliament, announced spending would be increased to 2.5% of the UK’s GDP by 2027 from the current
On today’s energized episode of Quick Charge, a Tesla executive leaks news of a new Model S and X as protests at retail locations escalate and key staff continue their exodus from the troubled brand. Plus: 0% financing deals on EVs and PHEVs and Volvo brings off-grid power to bauma. We’ve also got a look
In this article PYPL Follow your favorite stocksCREATE FREE ACCOUNT A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images For Frank Keller, it’s a pivotal moment at PayPal. After two years, two CEOs and endless brand strategy meetings, the
A decline in global ocean evaporation has been identified over the past decade, despite rising sea surface temperatures. This shift challenges established climate models, which have long linked higher temperatures to increased evaporation. The unexpected trend was observed through satellite data analysis, revealing that evaporation rates started decreasing after 2008. Researchers suggest that changing atmospheric
Extreme rainfall in Arabia was five times more intense 400 years ago, as indicated by recent climate reconstructions. The data suggests that the region, currently defined by arid desert, once had significantly higher precipitation levels, resembling a lush savannah. The findings highlight the necessity for improved climate preparedness as urbanisation expands in the region. Study
Home Secretary Yvette Cooper has said Runcorn needs a new Labour MP after Mike Amesbury was jailed for beating up a constituent – and will keep his £91,000 MPs salary in prison. She told Wilfred Frost on Sky News Breakfast: “Whether it is resigning or through recall, everyone’s clear – the people of Runcorn deserve
The United States Space Force has unveiled a never-before-seen image of its X-37B space plane in orbit. The photograph, released on February 20, was captured by an onboard camera as the vehicle conducted experiments above the African continent. Visible in the image are one of the space plane’s solar panels on the left side and
detected, leaving astronomers searching for answers. The sudden burst of energy was identified while analysing archival data from NASA’s Chandra X-ray Observatory, revealing a cosmic event that occurred more than 20 years ago. The flash, designated XRT 200515, originated from the Large Magellanic Cloud (LMC), a satellite galaxy of the Milky Way, situated approximately 160,000
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