VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit

VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't always result in long-term successes.

Business - CNBC - 22 hours ago

Inside VW and Rivian's $5.8 Billion Bet to Rescue Each Other

The world’s second-largest automaker and the Silicon Valley startup are trying to address each other’s core weakness.

Business - The Wall Street Journal - Yesterday

Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027

The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.

Business - CNBC - Yesterday

Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion

Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.

Business - MarketWatch - Yesterday

Chinese EV makers' go-global drive hits bumps amid Beijing's warning, failed deals

World - Yahoo News - 10 hours ago

VW launches $5.8bn tie-up with Tesla rival Rivian

The firms will share EV technology as they face slowing demand and competition from Chinese rivals.

Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV

Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.

Business - MarketWatch - 6 days ago

Wemby hits another milestone with 50-point game

San Antonio's Victor Wembanyama scored a career-high 50 points Wednesday night in a 139-130 win over Washington, becoming the first Spurs player since David Robinson in 1994 to log a 50-point ...

Sports - ESPN - 3 hours ago

Here are the 28 states where workers are guaranteed time off to vote

Without a federal law ensuring workers can take time off to vote, some states have stepped up with Election Day voting leave laws.

Lucid’s stock takes a dive after EV maker warns of larger losses

Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.

Business - MarketWatch - October 17

Tesla earnings are the ‘next big thing’ for the EV maker as it tries to be magnificent again

Tesla’s stock has traded lower after six of its last eight reports, with the average stock price swings of plus or minus 10% in the past eight post-earnings days.

Business - MarketWatch - October 22

Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time

The milestone comes amid tough competition in China, the world's largest auto market, as well as higher tariffs on imports of Chinese EVs into the EU.

Business - CNBC - October 31

Nvidia’s stock hits new high as it reaches this milestone level

Nvidia powered to a $3.5 trillion market cap, which only Apple had ever previously hit.

Business - MarketWatch - October 21

Here’s Why Drone Maker DJI Sued the Pentagon

The China-based maker of more than half of all commercial drones in the U.S. went to court to fight its placement on a list of companies said to be working with the Chinese military.

Business - Inc. - October 21

Crisis-hit VW eyeing plant closures, deep pay cuts: report

World - Yahoo News - October 28

Crisis-hit VW mulls closing at least three German plants

World - Yahoo News - October 28

China warning hits another medical equipment maker

Smith & Nephew shares slumped on Thursday as it became the second health equipment company in a week to warn that Chinese sales were getting hit hard.

Business - MarketWatch - October 31

Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.

Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.

Business - MarketWatch - 34 minutes ago

This Electric Aircraft-Maker Just Landed a $318 Million Investment

Beta Technologies’s Series C funding comes just a month after a $20 million investment to build out charging infrastructure across the country.

Business - Inc. - November 1

Boeing reports $6.1 billion loss as strike takes toll on plane maker

Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

Here's why the U.S. retirement system isn't among the world's best

Annual rankings show the U.S. is in a lackluster position relative to global retirement systems.

Business - CNBC - October 16

Here's how much Kamala Harris is worth — it isn't just from politics

Beyond her decades in politics, the vice president's earnings include book royalties and investments.

Election Day Is Here for Elon Musk---Who Isn't on the Ballot

The billionaire’s era as a political operative faces its biggest test in the battle between Trump and Harris.

Business - The Wall Street Journal - November 4

China directs automakers to halt investments in EU countries supporting EV tariffs

World - Yahoo News - November 1

Chinese sanctions hit US drone maker supplying Ukraine

Beijing’s move leaves California company rushing to find new battery providers

World - Financial Times - October 31

Aaron Judge's legacy took a hit in World Series with no guarantee Yankees star will be able to redeem himself

The presumptive AL MVP was practically an empty roster spot in October once again

Sports - CBS Sports - October 31

Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%

Ford Motor Co. reported earnings late Monday, but investors looked past a beat.

Business - MarketWatch - October 28

NHL Star Power Index: Evgeni Malkin hits historic milestone amid hot start, Sam Reinhart dominates early on

Rasmus Andersson has been one of the league's top defensemen thus far

Sports - CBS Sports - October 18

Biden to unveil $3 billion investment in U.S. ports in Baltimore

President Biden will announce initiative to modernize ports across the U.S. and improve working conditions for dockworkers.

UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”

World - ABC News - October 30

Turning Caitlin Clark into a championship contender isn't just good for Indiana ... it's what the WNBA needs

Stephanie White arrives back in Indiana to develop Caitlin Clark which, in turn, will buoy the WNBA.

Sports - Yahoo Sports - November 4

Saudi oil and betting firms? Women’s football must not lose its moral compass | Suzanne Wrack

Investment is needed to maintain growth but recent deals go against the values women’s game has worked hard on. Women’s football, the business, is on the rise. There will be ups and downs, ...

World - The Guardian - November 5

Harris Needs a Closing Argument. Here’s One.

Trump turned us into a nation of haters. He’ll do it again if he wins next month.

Top stories - The New York Times - October 15

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