Lucid CEO Peter Rawlinson said the job cuts will hit “nearly every organization and level, including executives.”

NATO Secretary-General Jens Stoltenberg said China is closely watching Russia’s success in Ukraine, with the war’s outcome likely to have major reverberations in Asia-Pacific.

Former FTX co-CEO Ryan Salame disclosed “possible mishandling of clients’ assets” by Sam Bankman-Fried to Bahamian regulators just before FTX bankruptcy filing.