Rivian’s stock sale triggers worst rout for the shares in nearly two years
Rivian’s stock falls 18% as Wall Street frets about the EV maker’s cash troubles.
Rivian’s stock falls 18% as Wall Street frets about the EV maker’s cash troubles.
People who save for retirement in a traditional IRA or 401(k) are often met with an unwanted surprise — required minimum distributions, or RMDs. RMDs aren’t always a problem, especially when they’re on the smaller side or represent funds that were going to be withdrawn anyway. If you’re on the hook for a $12,000 RMD…
With the specialized manufacturer acquisition, AE Industrial has established a specialty materials platform; Formed in 1973, PAC produces specialized powders used across both the OEM and aftermarket applications in the aerospace and gas turbine sectors, among others. AE Industrial Partners announced the acquisition of Powder Alloy Corp, a producer of highly-engineered metallic, ceramic, and thermal…
Since its founding in 1957, GreenShield has been a nonprofit, focused on responding to the evolving healthcare and insurance needs of Canadians, while pursuing its social mission of Better Health for All. The fourth largest Canadian private health and dental insurer, with 7.5 million Canadians served, has a nonprofit structure that allows the organization to…
SAN FRANCISCO, CALIFORNIA – JULY 06: Kazuma Okamoto #7 of the Toronto Blue Jays looks on from the on-deck circle against the San Francisco Giants in the top of the eighth inning of a major league baseball game at Oracle Park on July 06, 2026 in San Francisco, California. (Photo by Thearon W. Henderson/Getty Images)…
Dive Brief: PepsiCo expects tariff refunds it has claimed to yield about one percentage point of earnings-per-share growth this year, giving the company a needed boost as it manages higher costs and changing consumer spending patterns, CFO Steve Schmitt said during a Thursday earnings call. The beverage and snacks giant reported second-quarter net revenue of…
Voters in California will decide in November whether to impose a one-time, 5% tax on residents and trusts with a net worth of more than $1 billion. The proposal is deeply controversial, with opponents on both sides of the aisle warning that passage of the measure — the first of its kind in the U.S….