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Blackstone to acquire Tropical Smoothie Cafe restaurant chain

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Blackstone said it is acquiring acquire Tropical Smoothie Cafe, an Atlanta-based franchiser with over 1,400 locations in 44 states, from Leichtman Capital Partners.

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Expedia stock jumps on report of acquisition interest by Uber

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Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.

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Lucid sees bigger losses ahead, and its stock drops 12%

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Shares of Lucid Group Inc. fall 12% in the extended session Wednesday after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecast.

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Elon Musk selects Omead Afshar to lead Tesla’s North America, Europe operations: report

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Amid slumping share prices and electric-vehicle demand, Tesla Inc. Chief Executive Elon Musk has reportedly shaken things up at the company’s business in North America and Europe.

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