Expert Flags Crucial Mistake That May Have Doomed Florida Learjet

On 14 September 2026, with American diesel having crossed six dollars a gallon for the first time in history, President Trump settled the question of blame in a single sentence posted to social media: “The World’s Diesel price rise is mostly caused by the Russia/Ukraine War, not Iran.” A day earlier, at his golf resort […]

Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy Summary:  Lucid Reponds, Denies AlixPartners Has Recommended Bankruptcy Route   Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy Lucid Denies Report  Lucid responded to Electric-Vehicles.com's report, stating that restructuring adviser AlixPartners has not recommended bankruptcy. Bloomberg headline: LUCID SAYS ALIXPARTNERS HAS NOT RECOMMENDED BANKRUPTCY Electric-Vehicles.com's report did mention that another strategic option would be a take-private transaction. Here are Lucid's top shareholders: Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy Shares of struggling EV maker Lucid plunged as much as 49% after auto-industry news website Electric-Vehicles.com reported...

UBS Warns America's Restaurants Locked In "Difficult Cycle" As Tax-Refund Sugar-High Fades There is certainly a growing consensus on Wall Street that the tax-refund sugar high is fading just as consumers' financial profiles deteriorate. The latest read-through comes from UBS analyst Dennis Geiger, the bank's U.S. restaurants equity research analyst, who warns that a toxic cocktail of macro pressures is likely to crimp restaurant spending in the second half of the year. Geiger warned in a note that elevated gas prices at the pump appear to be offsetting tax-rebate benefits, while...