Electric vehicle maker Rivian maintained its full-year guidance for deliveries, but trimmed its full-year financial outlook. Story Published at: August 11, 2022 at 09:38PM
Rivian posts second-quarter revenue above estimates, but expects a wider loss for the year
Attorney General Merrick Garland set to make statement, days after FBI raid on Trump home at Mar-a-Lago
FBI agents on Monday raided the Mar-a-Lago residence of ex-President Donald Trump, removing boxes of records as part of a criminal probe.Story Published at: August 11, 2022 at 07:14PM
With inflation running at a 40-year high, 36% of U.S. adults tapped their savings to cover living expenses: survey
With inflation running at 40-year highs, 36% of adults in a new survey said they have had to turn to savings to cover their living expenses.Story Published at: August 11, 2022 at 06:05PM
Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit
As the balance of power in the startup world shifts back to those holding the purse strings, the industry has settled on a new math that founders need to accept.Story Published at: August 11, 2022 at 06:01PM
CEO posts crying selfie on LinkedIn after laying off employees — and it goes viral
A CEO has sparked a major debate online after posting a selfie of himself crying on LinkedIn following layoffs he made at his company.Story Published at: August 11, 2022 at 03:33PM
UK’s urgent polio vaccine rollout for children in London ‘a wake-up call’ as more virus traces found
Britain is rolling out urgent polio vaccinations for all London-based children under 10 as a reemergence of the virus stoked fears of a wider outbreak.Story Published at: August 11, 2022 at 02:07PM
Ether surges 13% to a two-month high after ethereum inches closer to long-awaited upgrade
Ether soared to a two-month high after developers successfully completed a final dress rehearsal for a pivotal upgrade expected to happen next month.Story Published at: August 11, 2022 at 01:36PM
Thai central bank governor says there’s no need to ‘undertake heroically large rate hikes’
On Wednesday, the Bank of Thailand raised its key interest rate for the first time since 2018 as inflationary pressures continue to weigh on the economy.Story Published at: August 11, 2022 at 09:12AM
This CEO developed what’s been dubbed Asia’s Tesla of scooters. Here are his top tips
Gogoro’s CEO is no stranger to creativity — he was involved in the ideation for Microsoft’s Xbox and Windows XP. He shares with CNBC his tips for innovation.Story Published at: August 11, 2022 at 07:43AM
European markets mostly set to open higher after Wednesday’s rally
European markets are mostly expected to nudge higher as investors adjust their monetary policy expectations after a cooler-than-expected U.S. inflation print.Story Published at: August 11, 2022 at 06:52AM