A Lucid Air electric vehicle (EV) at the company’s showroom in Tysons, Virginia, US, on Saturday, Feb. 17, 2024. Samuel Corum | Bloomberg | Getty Images Lucid Motor stock fell more than 40% at one point and trading was halted for volatility multiple times Tuesday amid speculation that the company is considering new options. The…
‘Do you mind if I’m smoking while we’re talking?” enquires Andreas Angelidakis as we both recline on a bean bag in the form of a fallen classical column. “Do you mind if it’s narcotics? If it’s cannabis?” He extracts an elegantly constructed spliff wrapped in pink cigarette paper from his black Nike windcheater and lights…
The operator of Camp Mystic filed for bankruptcy protection on Wednesday, almost a year after catastrophic flooding killed 28 people there. The company, Camp Mystic L.L.C., submitted a Chapter 11 filing in a Texas bankruptcy court for itself and related companies. The filing was another turn in the aftermath of a disaster that scarred the…
23andMe, the genetic testing giant once valued in the billions, is now navigating Chapter 11 bankruptcy and notifying millions of current and former customers that they may be eligible to file claims as part of the restructuring process. The company and 11 of its subsidiaries, including Lemonaid Health and LPRXOne, filed for bankruptcy protection on…
