Lucid to lay off roughly 18% of U.S. workforce

Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026. Danielle DeVries | CNBC Lucid Group said Monday it is cutting its U.S. workforce by approximately 18% as part of a cost-savings plan. The all-electric vehicle maker said its plan would give it annualized cost savings of approximately $158 million….

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Trump blasts socialist sweep of NYC congressional primaries, warns states

Socialist candidates score victories in New York Democratic primary races New York City Mayor Zohran Mamdani celebrates a ‘new chapter’ for Democrats after socialist candidates secured significant victories in three New York primary races, boosting the progressive wing. Rachel Bovard warns that this ‘growing movement,’ with members advocating extreme views such as abolishing the Senate…

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