Rivian Increases Planned Capacity for Georgia Plant to 300,000 Vehicles
Rivian has announced an increase in the initial production capacity of its upcoming Georgia factory to 300,000 units, with production expected to start in 2028.
Rivian has announced an increase in the initial production capacity of its upcoming Georgia factory to 300,000 units, with production expected to start in 2028.
Despite ongoing supply chain issues, Apple's iPhone revenue rose by 22% to reach $57 billion, reflecting strong consumer demand, according to CEO Tim Cook.
Apple has announced a revenue increase of nearly 17%, attributing this growth to a 20% rise in iPhone sales, marking a notable achievement for the tech giant.
Rivian has revised its plans for a new electric vehicle factory in Georgia, reducing its production capacity in response to changes in its loan agreement with the Department of Energy.
In its first quarter earnings for 2026, Rivian reports a notable increase in revenue as it commences production of its R2 electric vehicle, signaling a positive shift in the company's financial outlook.
The House has passed a bill to fund the Department of Homeland Security, aiming to end a partial shutdown. However, Republican dissatisfaction arises from the exclusion of certain agencies.
InterDigital's first quarter earnings call provides insights into the company's financial performance for Q1 2026.
Saudi Arabia's Public Investment Fund has announced it will stop funding LIV Golf at the end of the current season, casting uncertainty over the series' future.
The recent decision to reduce Saudi funding for LIV Golf raises questions about the future of prominent players like Bryson DeChambeau and Jon Rahm. Kaveh Solhekol provides insights on the implications.
In response to Iran's closure of the Strait of Hormuz, a critical passage for global energy, the US is working to establish a coalition to ensure maritime freedom.
With merger discussions between Brown-Forman and Pernod now concluded, the future direction for both companies remains uncertain. This editorial examines potential outcomes.
Microsoft's latest earnings report reveals a significant drop in Xbox hardware revenue, contrasting with growth in its cloud business.
Peter Magyar, Hungary's new prime minister, is actively pursuing €10 billion in EU funding during a crucial meeting with Ursula von der Leyen, aiming to secure financial support before August.
A recent report from the USGS reveals significant lithium deposits on the East Coast, which could potentially lessen the United States' reliance on imported lithium.
Teva's stock has experienced a notable increase of 10%, influenced by various elements beyond its earnings report.
Accurate shipping data is increasingly vital for improving Less Than Truckload (LTL) logistics, impacting tracking, delivery times, and costs.
Kris Radlinski and Karl Fitzpatrick discuss the implications of a possible merger between the NRL and Super League on the On The Bench podcast.
Stellantis is reportedly engaged in discussions with Hongqi regarding the potential establishment of a manufacturing facility for the Chinese luxury brand in Spain.
President Zelenskyy has announced that Ukraine will start exporting arms, particularly drone technology, though not all nations will qualify for these deals.
Sysco's third quarter earnings call reveals insights into the company's financial performance for Q3 2026, highlighting important trends and metrics.