Lucid Motors slashes 12% of its workforce as it seeks profitability Lucid Motors is laying off 12% of its workforce in a bid to “improve operational effectiveness and optimize our resources as we continue on our path toward profitability,” according to an internal memo that was obtained by TechCrunch. Hourly workers on the manufacturing, logistics, and quality teams are not affected by the...

Water supply cut in Moldova after oil spill blamed on Russian strike in UkrainePaul KirbyEurope digital editorCNMC MoldovaOil pollution has left supplies in the city of Balti unsafe to drink, officials sayAn oil spill which has been blamed on a Russian attack in Ukraine has polluted a major river in Moldova, prompting authorities to cut water supplies to the northern city of Balti.Ukrainian...

What the Average American Has in Their Savings Account — and How You Compare We may earn a fee if you click on the links below. Compensation does not determine ranking. Not all brands are included. Learn more. Knowing how much the average American has in their savings account can help you gauge the state of your finances compare to your...

At least 400 killed in strike on drug rehabilitation center in Kabul At least 400 killed in strike on drug rehabilitation center in Kabul Audio will be available later today. Afghanistan says Pakistan is to blame for a strike on a drug rehabilitation center in Kabul that killed at least 400 people, the deadliest attack since...

China sets lowest economic growth target since 1991Osmond ChiaBusiness reporterGetty ImagesChinese President Xi Jinping and Premier Li Qiang on 5 March China has cut its annual economic growth target to a range of 4.5%-5%, the lowest expansion goal since 1991 as it grapples with challenges both at home and abroad.It is the first time the target has been lowered since it was cut to "around 5%"...