Lucid announced a new version of the Air luxury sedan that starts below $80,000, in a bid to boost sluggish demand for the well-regarded, but costly EV.
The new line of credit is "prudent" to bolstering GM's balance sheet amid expectations that the union may expand and prolong strikes against the company.
Health officials see Novavax's protein-based vaccine as a valuable alternative for people who don't want to take messenger RNA shots from Pfizer and Moderna.
Moderna and other vaccine makers like Pfizer believe combination shots will simplify what people can do to protect themselves against Covid, RSV and the flu.
An ongoing strike by the UAW union against the Detroit automakers had little to no direct effect on General Motors' third-quarter U.S. new vehicle sales.