Lucid names auto industry outsider as CEO, expands Uber deal

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Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026. Danielle DeVries | CNBC Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive. Silvio Napoli, who spent nearly 31 years at Schindler, is set […]


Broadcom shares jump after chipmaker expands Google, Anthropic deals

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Jonathan Raa | Nurphoto | Getty Images Broadcom shares rose more than 6% on Tuesday, their second-best day of the year, after the chip designer announced it would produce future versions of artificial intelligence chips for Google, and signed an expanded deal with Anthropic. The pact with Anthropic will give the AI startup access to about […]


FanDuel Michigan multi-state poker network expands player pools

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FanDuel has been cleared by the Michigan Gaming Control Board to connect its online poker platform with players in other states, opening a new chapter for the state’s regulated market. Once implemented, the change will allow Michigan users on FanDuel to compete directly with players across state lines for the first time on the platform. […]


Nvidia expands AI empire with Groq licensing deal, poaching startup’s top execs

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Nvidia has agreed to license chip technology from startup Groq and hire away its CEO, a veteran of Alphabet’s Google, Groq said in a blog post on Wednesday. Groq specializes in what is known as inference, where artificial intelligence models that have already been trained respond to requests from users. While Nvidia dominates the market for training AI models, it faces much […]


Merkur Group expands Spintec partnership with investment

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Merkur Group has expanded its partnership with electronic table game developer Spintec to acquire a “significant stake” in the company. After initially investing back in 2019, Merkur Group has now acquired what it describes as “a significant stake” in Slovenia-based developer and of electronic table games (ETGs) Spintec d.o.o. “Spintec is a highly innovative and […]


Mass egg recall over salmonella concerns expands, FDA says

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Black Sheep Egg Company recalled several cartons of its free-range large grade A brown eggs due to the potential that they may be contaminated by salmonella, federal health officials said. Black Sheep Egg Company initiated a recall following a Food and Drug Administration (FDA) inspection that found 40 environmental samples at its egg processing facility tested […]


Walmart expands employee discount on groceries

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Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | AFP | Getty Images As tariffs spark worries of higher prices, Walmart is dangling more discounts for its own employees. The largest private U.S. employer said Wednesday that it will offer a 10% employee discount on nearly all […]


GM expands production of gas-powered SUV, trucks in Michigan

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General Motors said Tuesday it will move production of a gas-powered SUV to an assembly plant in Michigan and add manufacturing of pickup trucks in its home state. “GM will begin production of the Cadillac Escalade, as well as the Chevrolet Silverado and GMC Sierra light duty pickups at Orion Assembly in early 2027 to […]


Elon Musk’s Starlink Expands Across White House Complex

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Starlink, the satellite internet service operated by Elon Musk’s SpaceX, is now accessible across the White House campus. It is the latest installation of the Wi-Fi network across the government since Mr. Musk joined the Trump administration as an unpaid adviser. It was not immediately clear when the White House complex was fitted with Starlink […]