Business News Roundup, Sept. 18

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Business News Roundup, Sept. 18

Oracle sales. don't impress. Oracle shares dropped after an underwhelming quarterly sales report, a sign the world's second-largest software maker is still stumbling in its transition to cloud computing.
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New Tesla Rival Lucid Motors Says "Funding Secured"

Lucid Motors says it has “funding secured.” The luxury electric-vehicle startup said on Monday that Saudi Arabia's sovereign-wealth fund has agreed to invest at least $1 billion, subject to regulatory approvals.
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Postal worker steals more than 6000 greeting cards filled with cash and checks, records say

She ruined birthdays, weddings and holidays for thousands of Wisconsin residents. A U.S. postal worker admitted she stole more than 6,000 greeting cards filled with cash and checks while delivering mail in Wauwatosa.
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Audi launches electric SUV in Tesla's backyard, with assist from Amazon

SAN FRANCISCO (Reuters) – German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc (TSLA.
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'Check the work of your bookkeepers,' urges lawyer for company taken for almost $1M

Shulgan is representing Service Mold and Aerospace in a lawsuit seeking to recoup that money from former bookkeeper Nada Khalaf and Toronto
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