July 13, 2026

Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves

Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves

Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.

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UN to evacuate 11,000 stranded sailors from Strait of Hormuz

UN to evacuate 11,000 stranded sailors from Strait of Hormuz

The UN’s International Maritime Organization will evacuate more than 11,000 sailors stranded in the Strait of Hormuz during the U.S.-Iran war, the agency said Tuesday.Why it matters: The operation underscores how the U.S.-Iran war disrupted a critical global shipping route and left thousands of civilian seafarers stuck.The big picture: IMO Secretary-General Arsenio Dominguez said 14…