Business
Found 159 articles
Rivian Shares Slide 10% Following $1.51 Billion Capital Raise
Investors reacted sharply to Rivian Automotive’s surprise announcement of a 75-million-share public offering, driving the electric vehicle maker’s stock down 10% in Tuesday’s premarket trading. The capital raise follows a period of significant volatility, including an 8.1% surge in value during Monday’s session.
US Housing Market Shifts Toward Equilibrium as Buyer Leverage Grows
After years of steep prices and seller dominance, the residential real estate landscape is finally recalibrating. According to the latest CNBC Housing Market Survey, 44% of agents now characterize current conditions as a balanced market, marking a significant rise from the 30% reported during the third quarter of last year.
Toyota Shifts Tacoma Production to Texas in $3.6 Billion Expansion
A $3.6 billion capital infusion will shift Tacoma pickup production from Mexico to a sprawling manufacturing campus in San Antonio, Texas. By 2030, the project—codenamed Project Orca—aims to add 2,000 jobs and nearly double the plant's assembly capacity to 350,000 units annually, marking a major recalibration of the automaker's North American footprint.
Klarna moves to secure U.S. banking charter
Versant Media Group acquires Full Swing for $530 million
Airlines pivot to extended seasons as travelers flee peak summer heat
Corporate sponsors align with Trump-backed Freedom 250 anniversary events
Manhattan Luxury Market Defies Tax Fears
Beyond the Gate: Credit Card Giants Pivot to Experiential Exclusivity
Ford pivots from recall crisis to launch stability
Jersey Mike’s Targets NYSE Listing Amid Financial Surge
Premier Lacrosse League Eyes Independent Ownership by 2028
Stock market surge creates one million new millionaires
Ford quarterly sales slide as supply chain and EV demand falter
Jeff Bezos Dumps Capital Into AI Megarounds
AutoCamp capitalizes on luxury camping demand for holiday travel
Rivian Boosts Annual Delivery Forecast Following Strong Second Quarter
Jim Farley Demands Trade Penalties for Automakers Importing Vehicles
Steak Prices Hit Record Highs as Cattle Supplies Dwindle
Hybrid Sales Surge as U.S. Automakers Diverge
USMCA impasse clouds future of North American auto manufacturing
Lamborghini Unveils Hybrid Urus SE as Performance Strategy Shifts
American Airlines targets premium travelers with JFK grab-and-go lounge
Nike Faces Critical Quarterly Test Under CEO Elliott Hill
Medicare Opens Coverage for Obesity Drugs
Comcast Splits Assets as Leadership Dismisses M&A Speculation
FDA Launches PreCheck Pilot to Fast-Track Drug Manufacturing
Medicare launches obesity drug coverage amid public awareness gap
Shrinking U.S. Auto Market Faces Long-Term Decline
