Rivian (NASDAQ: RIVN) made a huge announcement on Tuesday that Volkswagen will invest up to $3 billion in the company, and the two companies will start a joint venture to share vehicle architecture. In this video, Travis Hoium breaks down the deal and why Rivian may have bought itself time, but not changed its fate […]
Putin and Kim deepened their arms deal and defense partnership at a summit last week. North Korea could demand a range of capabilities in exchange for sending Russia weapons for its war. Nuclear and missile technologies are at the top of the list, but Kim may also want fighter jets and satellite tech. North Korea […]
(Bloomberg) — Rivian Automotive Inc. will get a much-needed cash infusion through a new partnership with Volkswagen AG as automakers large and small rethink their strategies in a slowing electric-vehicle market. Most Read from Bloomberg The companies announced plans for a joint venture supported by an initial $1 billion investment from VW in Rivian and […]
ABUJA, Nigeria (AP) — A China-backed pipeline that would make Niger an oil-exporting country is being threatened by an internal security crisis and a diplomatic dispute with neighoring Benin, both as a result of last year’s coup that toppled the West African nation’s democratic government. The 1,930-kilometer (1,200-mile) pipeline runs from Niger’s Chinese-built Agadem oil […]
Johnny Depp Escapes Hollywood Horror: $10 Million Lifeline Saves Homes As Millions Face Zombie Foreclosure Fate Hollywood star Johnny Depp escaped a plight many Americans cannot avoid. Last year, the actor, known for his iconic role as Captain Jack Sparrow in Disney’s “Pirates of the Caribbean” franchise, took out a $10 million loan to save […]
TAMPA — To reach the remnants of this 5-year-old’s happy place, turn right out of his great-grandmother’s scuffed front door. Follow the sunbaked city street west past his school. Turn left at the Family Dollar. Go beyond the old greyhound race track to a sea of empty, asphalt parking and a locked gate. His friends […]
Looking at Nvidia’s success today as the world’s third-most valuable company, you may be surprised to know that the company nearly collapsed completely in 1996 – just three years after its founding – and only generosity from a Sega executive at the time saved Nvidia from the graveyard, according to Wall Street Insights. This is […]
Plug Power (PLUG) announced Tuesday it has received a $1.66 billion loan from the U.S. Department of Energy (DOE) to develop and construct up to six green hydrogen production facilities. Plug Power stock surged on the news. X The loan from the U.S. Department of Energy comes as Plug Power has in recent months burned […]
Serving as a school board president requires a deep dedication to ensuring districts have the resources needed to provide every student with a high-quality education. Sadly, that core mission has been challenged by runaway utility costs draining resources from already cash-strapped budgets. School districts such as Oakland and Clovis Unified, for example, are separated by […]
Before President Joe Biden warned Israel that his administration would refuse to send more weapons, including 2,000-pound bombs that have killed so many innocent people, an Israeli spokesman sat down with broadcaster Piers Morgan. It turned into maybe the most revealing exchange since the Oct. 7 Hamas terror attack on Israel that triggered the unfolding […]
DURHAM — The recent announcement the University of New Hampshire campus pharmacy will soon close did not sit well with some students and staff who regularly use it to fill prescriptions. One student, freshman Isabella Aguiar, has set up a meeting with UNH President James Dean. In the meantime, she is collecting signatures on a […]
NYC’s Rent-Controlled Apartments Partly Behind NYCB Issues, Analysts Question If $1 Billion Lifeline Enough To Avoid SVB-Like Collapse With the average one-bedroom, 600-square-foot New York City apartment renting for about $3,760 per month, rent prices have stretched affordability for the city’s residents. It’s no wonder politicians have sought to make housing more affordable in the […]