By Michael Erman and Bhanvi Satija (Reuters) -Pfizer reported higher-than-expected profit on Tuesday due to strong sales of COVID-19 treatment Paxlovid, an important win for Chief Executive Albert Bourla as he faces down activist investor Starboard. Still, investors said the company had work to do to show it can improve its prospects, and shares fell […]
Lucid to open orders for Gravity electric SUV next week
(Reuters) – Electric-vehicle maker Lucid Group said on Tuesday it will open orders for its Gravity SUV on Nov. 7, as it looks to drum up demand and attract a wider swathe of customers. The move comes on the heels of a successful fundraising round as Lucid looks to expand its product lineup to compete […]