Elon Musk taunts Tesla rival Rivian after its blockbuster market debut
Elon Musk said high production and break-even cash flow will be the true test for rival carmaker Rivian, which had a blockbuster IPO this week.
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10-year Treasury yield rises after a big surge earlier this week
The 10-year U.S. Treasury yield was mostly flat Friday after surging this week amid hotter-than-expected inflation data.
Backblaze takes opposite IPO route to Rivian, going public on small valuation and minimal funding
With just $16 million in revenue, Backblaze is smaller than many other technology companies that have come to public markets in recent years.
Workers quit jobs in record numbers as consumer sentiment hits 10-year low
Higher inflation has clouded consumer sentiment. The University of Michigan Consumer Sentiment Index slid to 66.8 for November – the lowest level in 10 years.
Trump defended Jan. 6 Capitol rioters chanting 'hang Mike Pence,' called anger over Biden election result 'common sense'
Former President Donald Trump in an interview earlier this year defended Jan. 6 Capitol rioters who chanted about hanging his vice president, Mike Pence.
The COP26 conference set a record for CO2 emissions, with air travel the main culprit
More than half of the COP26 summit emissions are estimated to come from international flights.
Biden picks former FDA Commissioner Dr. Robert Califf to run the agency
Califf, a cardiologist, was briefly the agency's commissioner under the Obama administration beginning in 2016.
Tesla Model 3 was traveling up to 90 mph before fatal crash in Florida, NTSB finds
The speed limit of the residential street that the crash occurred on in Coral Gables was 30 mph, according to the NTSB.
Vaccines alone won’t end the Covid pandemic, says New Zealand former prime minister
In addition to Covid-19 vaccines, countries must "calibrate, bring back in or maintain" relevant public health measures, said Helen Clark.
Trump makes new bid to block records from Capitol riot probe before Friday deadline
Trump asked a federal appeals court to temporarily halt the release of White House records to lawmakers investigating the deadly Jan. 6 Capitol invasion.
Elon Musk sells around $5 billion of Tesla stock
Musk sold the shares in part to satisfy tax obligations related to an exercise of stock options.
Xi is expected to invite Biden to the Beijing Winter Olympics, sources say
As the U.S. and China continue discussions on a virtual summit to be held between Xi and Biden, the 2022 Beijing Winter Olympics loom large.
Virginia pharmacy incorrectly administers Covid vaccine to 112 kids, officials pull remaining doses
A pharmacy in Virginia incorrectly administered Pfizer and BioNTech's Covid-19 shots to 112 children last week, according to the state Department of Health.
Trump looks to appeals court to keep records from Jan. 6 probe after judge rejects emergency bid again
Former President Donald Trump's legal team will now look to an appeals court to halt the release of those records to the Jan. 6 investigators.
Lordstown Motors delays Endurance EV pickup production due to supplier issues, shares fall
Commercial production and deliveries of Lordstown Motors' all-electric pickup called the Endurance is once again being pushed back, the company said Thursday.
Moderna says Covid vaccine has fewer breakthrough cases than Pfizer's, but higher myocarditis rates in young men
"We believe that the balance of benefit and risk is extremely positive," Moderna Chief Medical Officer Paul Burton told reporters.
Shares of EV start-up Rivian spike on second day of trading, market cap surpasses GM
The Amazon- and Ford-backed company already surpassed both Ford and General Motors by market cap.
After weeks of declines, U.S. Covid cases have stalled at a high level: 'The ERs are packed'
The downward trajectory in Covid cases in the U.S. has plateaued in recent weeks, bouncing between 70,000 and 75,000 new cases a day for nearly three weeks
Cannabis stocks take off on legalization hopes. One investor sees potential for more upside
Cannabis stocks could be primed for upside as several catalysts align for the industry, says Amplify Seymour Cannabis ETF (CNBS) portfolio manager Tim Seymour.
GM Defense plans to produce military vehicle based on Hummer EV in 2022
The plan includes an "electric Light Reconnaissance Vehicle," or eLRV, based on the upcoming Hummer EV for potential use by the Army.
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