Lucid Motors Cuts 800 US Jobs Amid “EV Winter” to Drive Profitability
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Lucid Motors Cuts 800 US Jobs Amid “EV Winter” to Drive Profitability

Lucid Motors Slashes 12% of US Workforce in Push for Profitability Lucid Motors, the Saudi-backed electric vehicle maker, has cut 12% of its US workforce—roughly 800 jobs—as it battles mounting losses and prepares for a critical midsize EV launch.[1][2][3] The layoffs, announced via an internal memo from interim…

Supreme Court Strikes Down Trump’s Tariffs, Trump Responds with New 10% Import Duty
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Supreme Court Strikes Down Trump’s Tariffs, Trump Responds with New 10% Import Duty

Trump’s Tariffs: The Beginning of the End? In a stunning 6-3 decision on February 20, 2026, the Supreme Court struck down President Donald Trump’s sweeping tariffs imposed via executive orders under the International Emergency Economic Powers Act (IEEPA), ruling they exceeded presidential authority.[1][4] Chief Justice John Roberts warned…

“Global Tensions Surge: Trump Threatens Iran, Russia Strikes Ukraine, and Cuba Faces Crisis amid U.S. Blockade” – 2/21/2026, 6:30:25 AM
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“Global Tensions Surge: Trump Threatens Iran, Russia Strikes Ukraine, and Cuba Faces Crisis amid U.S. Blockade” – 2/21/2026, 6:30:25 AM

Key global news as of February 21, 2026, centers on escalating armed conflicts, U.S.-Iran tensions, disasters, and political developments. Armed Conflicts and Attacks In the Russo-Ukrainian war, a Russian drone strike hit a minibus in Dnipro, Ukraine, killing at least 15 mineworkers and injuring seven[1][2]; Ukraine scheduled nationwide…