UBER
Published on 04/14/2026 at 05:03 pm EDT
Shares of industrial and transportation companies ticked up after muted wholesale inflation data.
The producer price index rose 0.5% in March, as softness in other categories offset a spike in energy prices.
Electric-vehicle maker Lucid Group said it secured $750 million in fresh funding commitments from Uber Technologies and Saudi Arabia's sovereign wealth fund.
Chemicals giant Dow designated Chief Operating Officer Karen Carter to succeed Jim Fitterling as chief executive on July 1.
BMW Group vehicle sales fell in the first quarter as deliveries to the U.S. and China continued to drop.
Write to Rob Curran at [email protected]
(END) Dow Jones Newswires
04-14-26 1702ET