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Volkswagen Chooses Rivian's Kjell Gruner to Lead U.S. Business
The German car maker said Gruner would take over as chief executive of Volkswagen’s America operations on Dec. 12.Business - The Wall Street Journal - 15 hours 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 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 - November 12 -
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 - 6 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.Top stories - BBC News - November 13 -
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 - 6 days ago -
Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations
Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.Business - CNBC - November 7 -
Rivian has Wall Street turning more cautious after mixed financial snapshot
A mixed quarter for the EV maker translated into more caution on Wall Street, which also mulled over the implications of the future Trump administration.Business - MarketWatch - November 8 -
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 - November 12 -
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 - 6 days ago -
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 - 5 days ago -
Moldova and Georgia should be free to choose their own paths
The west must tackle Russia’s interference with democracy in both countriesWorld - Financial Times - October 22 -
Will Tennis Choose to Reckon With Human Rights in Saudi Arabia?
Saudi Arabia and tennis are becoming increasingly intertwined, but there is growing pushback from human rights experts.Sports - The New York Times - November 11 -
Trump Chooses Lee Zeldin to Run E.P.A. as He Plans to Gut Climate Rules
The former congressman from New York is a strong supporter of Donald Trump and voted against certifying the 2020 election.Top stories - The New York Times - November 12 -
Senate Republicans choose John Thune as their new leader
Senate Republicans chose John Thune of South Dakota, a longtime Mitch McConnell deputy, as their new leader over Donald Trump ally Rick Scott and another longtime leader, John Cornyn.Top stories - NBC News - 6 days ago -
You’re hired! Trump chooses his top team
…and meets Biden in the White HouseTop stories - BBC News - 6 days ago -
How to Choose the Right Travel Credit Card
Fees, sign-up bonuses and whether the card is aligned with a particular hotel brand or airline are all factors in the decision.Business - The New York Times - 4 days ago -
Bronwyn Newport’s Style Stands Out on ‘Real Housewives of Salt Lake City’
The addition of Bronwyn Newport to the cast of “The Real Housewives of Salt Lake City” has added a maximalist approach to a series known for its understated aesthetic.Lifestyle - The New York Times - 2 days ago