CNBC Business

Based on Rivian's closing price of $100.73 a share Wednesday, Ford's roughly 102 million shares of the company are worth about $10.3 billion.

Financial institutions and individual board members could be the next targets of climate litigation cases.

Elon Musk's SpaceX launched four astronauts from Florida on Wednesday.

Shares of Lordstown rose more than 12% after hours on the news.

AMC CEO Adam Aron has filed paperwork with the SEC that would permit him to sell 1.25 million shares of the company worth about $48 million at current prices.

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

"Will younger people want a piece of this? I can't be sure ... but I know money managers love it and maybe that's more important," CNBC's Jim Cramer said.

"Rivian's stock price is set by buyers who believe that electric vehicles are taking over the world," the "Mad Money" host said.

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

"The power of travel is coming back. It's coming back to our P&L. ... The trends are super encouraging," Mastercard CEO Michael Miebach told CNBC.

Rivian, which is backed by Amazon and Ford, has attracted intense interest from investors looking to capitalize on the fast-growing EV market.

Elon Musk's space company is set to launch the Crew-3 mission for NASA on Wednesday evening, in the fifth SpaceX crewed mission in the past 18 months.

An appellate court had temporarily halted the vaccine and testing requirement, saying there are "grave statutory and constitutional issues with the Mandate."

About 900,000 kids ages 5 to 11 have received their first dose of a Covid vaccine since the CDC cleared the shots Nov. 2, the White House said Wednesday.

Rivian's stock is indicated to open at $125 a share, a 60% pop from its IPO price of $78 a share and implying a valuation of as much as $106.6 billion.

"That will generate the cash flow that we need to pay down the debt" and reinvest, Royal Caribbean outgoing CEO Richard Fain told CNBC on Wednesday.

The American Federation of Government Employees has asked the Biden administration to push back a deadline for federal workers to be vaccinated until 2022.

Shares of payments processing company Shift4 surged after the company announced a five-year partnership with SpaceX's Starlink satellite internet service.

American Airlines pilots union turned down a company offer to pay 50% more for holiday trips.

Meta, the company formerly known as Facebook, announced a partnership that will allow customers to integrate Workplace with Microsoft Teams.