Volkswagen and Rivian Form Joint Venture, Deepening Alliance

The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.

Business - The New York Times - 5 days ago

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 - 4 days ago

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 - 5 days ago

Nvidia Deepens India Ties With Reliance Partnership, Expanding AI Reach Through Alliances

World - Yahoo News - October 24

Inside the Collapse of Venture for America

The nonprofit promised 100,000 jobs by 2025. But it shut down with only a few thousand jobs created, and its final group of fellows are still owed money.

Business - Inc. - November 4

The Conservatives’ deepening turn to the right

Kemi Badenoch’s task is to restore the party’s appeal to Britain at large

Business - Financial Times - November 3

Germany’s deepening political crisis

Chancellor Scholz’s three-party coalition government has fallen apart

When venture capitalism goes wrong

The demise of Byju’s holds lessons for other ambitious scale-ups and investors

Business - Financial Times - October 23

Hurricane Oscar forms in the Caribbean

Hurricane Oscar formed in the Caribbean on Saturday, according to the National Weather Service (NWS) Miami-South Florida. NWS said Oscar is expected to move toward the Turks and Caicos Islands, ...

Politics - The Hill - October 19

India's growing influence means trouble for China’s alliance

India is becoming more important, something not good for China.

Politics - The Hill - October 29

Indonesia and Russia launch first joint naval drills

President Prabowo Subianto seeks more influential role while maintaining long-standing neutrality

World - Financial Times - November 4

Blinken Heads to NATO as Alliance Prepares for Trump’s Return

Officials meeting in Brussels will discuss Ukraine’s war against Russia amid concerns that the new administration will slash U.S. support for Kyiv.

World - The New York Times - 5 days ago

Rivian Maintains Profitability Target Despite Part Shortage

The carmaker said a part shortage in the third quarter hampered factory production, but it is still on track to report its first gross profit by year-end.

Business - The Wall Street Journal - November 7

Volkswagen is in crisis again. Can it be reformed?

Europe’s largest carmaker is at war with workers and politicians as it tries to navigate a painful EV transition

World - Financial Times - October 31

Blinken Pursues Regional Tour as Mideast Conflict Deepens

Secretary of State Antony J. Blinken sought to ease tensions on a visit to Israel, followed by a meeting with the Saudi crown prince in Riyadh. Israel is pressing on with its military campaigns in ...

World - The New York Times - October 24

Hurricane Oscar makes landfall in the Bahamas, heads toward Cuba

Oscar, which the National Hurricane Center characterized as "very small," is the 15th named storm of the hurricane season.

Oscar weakens to tropical storm after hitting Cuba as a Category 1 hurricane

Hurricane Oscar made landfall Sunday evening on the northern coast of east Cuba before it weakened to a tropical storm as it moved across the island, according to the National Hurricane Center.

Tropical Storm Sara forms in the Caribbean

Tropical Storm Sara developed in the Caribbean on Thursday, threatening parts of Central America with life-threatening and potentially catastrophic rain.

Tropical Storm Sara forms in Caribbean

Tropical Storm Sara formed in the Caribbean on Thursday and is churning west. It is forecast to bring life-threatening flooding to portions of Central America this weekend.

NATO stands with Turkey, alliance chief tells Turkish president

World - Yahoo News - October 23

Putin touts growing BRICS alliance as answer to West's "perverse methods"

Hosting a summit of the BRICS alliance, Putin touted the growing club as an alternative to the West's "relentless foreign influence ostensibly promoting democracy."

‘Blood alliance’: why South Korea fears North’s involvement in Ukraine war

News that troops from North Korea could be joining Russians on the battlefield in Ukraine has caused deep concern in Seoul. The video is grainy but the message is clear. The clip, posted by NK ...

World - The Guardian - October 25

A puff on a joint - then six months of forced rehab in a concrete cell

A young woman buys cannabis for friends - and finds herself facing up to 20 years in prison.

Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances

Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.

Business - The New York Times - October 29

Shifting alliances in the Horn of Africa: An Egypt-Eritrea-Somalia axis

Egypt, Eritrea and Somalia have formed a trilateral summit to boost cooperation and maintain territorial integrity, with the big elephant in the room being Ethiopia, as tensions over its activities ...

Politics - The Hill - October 28

How Venture Capital Helped This Founder Secure a ‘Life-Changing Exit’

Moonshots Capital portfolio company eTailPet scaled up and attracted a buyer in just three years.

Business - Inc. - October 28

The West did nothing to stop North Korea’s alliance with Russia, and there will be consequences

Over the coming weeks, members of the new Axis of Evil may have further unhappy surprises for the democratically distracted West.

Politics - The Hill - October 29

Colorado gray wolves venture to southernmost point since their reintroduction

Colorado gray wolves have ventured the farthest south yet since their reintroduction to the Centennial state almost a year ago, parks officials announced this weekend. GPS signals from a collared ...

Politics - The Hill - November 4

Former NATO chief warns of tension in alliance with Trump's return to White House

James Stavridis, former NATO supreme allied commander, warned of "internal tension" in the alliance because President-elect Trump has made critical remarks about NATO in the past. "There'll be a ...

Politics - The Hill - November 8

North Korea’s alliance with Russia proves Ukraine is not about religion

The invasion’s purpose remains a crass landgrab driven by desire to reignite Russian imperialism.

Politics - The Hill - November 9

NATO's Rutte calls for more Western support for Ukraine, warns of Russian alliances

NATO Secretary-General Mark Rutte called on Western allies to provide further support to Ukraine “to change the trajectory of the conflict.”

World - ABC News - 5 days ago

OpenAI to present plans for U.S. AI strategy and an alliance to compete with China

OpenAI's official blueprint for U.S. AI infrastructure involves AI economic zones and government projects funded by private investors, according to a document.

Business - CNBC - 4 days ago

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 - November 8

Rivian Reassures Investors With Cost Cuts, Green Credit Sales

Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.

Business - Inc. - November 8

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.

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 - 4 days ago

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