Author: Editor-In-Chief
On April 22, 2026, Rivian Founder and CEO RJ Scaringe drove the first customer-ready electric R2 SUV off the assembly line at the company’s Normal, Illinois, factory.Provided by: RivianRivian Automotive The company announced Wednesday that it has begun producing a new all-electric vehicle, the R2, for customers at its Normal, Illinois, plant.The start of production marks an important milestone for the company ahead of customer deliveries scheduled for later this spring. Investors are keeping an eye on whether the company will expand production for the time being.Rivian hopes the R2, an updated, cheaper EV similar to its flagship R1 SUV,…
CNBC’s Jim Cramer on Wednesday offered investors a mental framework to make it easier to buy high-priced stocks. “In a hot market… you had to have the discipline to buy blue chip stocks so you don’t miss out,” the “Mad Money” host said. Cramer described a lesson he learned early in his career when a trader he worked with “divided stocks by 10” to reprice and make it easier to commit to high-momentum stocks. use bloom energy As an example, a $230 stock is considered $23, so it’s psychologically easier to pay a little more to ensure you get the…
Kalsi ad at a bus stop in Washington, DC, March 19, 2026.Daniel Heuer | Bloomberg | Getty ImagesPrediction market platform Carsi announced Wednesday that it has suspended and fined three congressional candidates in Minnesota, Texas and Virginia for “political insider trading” in their campaigns.Carsi said in a statement that all three candidates had been “warned due to newly announced safeguards to prevent political candidates from trading on their elections.”The confirmed candidate was Mark Moran, who was a candidate in Virginia’s Democratic Senate Democratic primary before deciding to run for the seat as an independent. Matt Klein, a Minnesota Democrat, is…
On Thursday, Warner Bros. Discovery shareholders are scheduled to vote on a merger that could dramatically change the U.S. media landscape: the company’s merger with Paramount Skydance.The deal, which still needs approval from federal regulators, would bring two of the nation’s largest news organizations, CBS News and CNN, under one roof.Recommended stories list of 4 itemsend of listEarlier this month, independent proxy investor advisor Glass Lewis called on investors to vote in favor of the merger.Paramount Skydance is led by David Ellison, the son of Oracle co-founder Larry Ellison, a key ally of US President Donald Trump. Under Mr. Ellison’s…
Ronnie O’Sullivan begins his bid for a record eighth World Championship on Saturday with a resounding victory over the debutante, setting up a ‘Class of 92’ rematch with John Higgins at Sheffield’s Crucible on Sunday, to be decided on Monday. Last updated: 22/04/26 16:24 Ronnie O’Sullivan defeats debutant Heguo Qiang, setting up blockbuster second round fight with John Higgins Ronnie O’Sullivan wasted little time in securing a comprehensive 10-2 victory over He Guangzhou to set up a blockbuster showdown with John Higgins in the second round of the Snooker World Championship. O’Sullivan cruised to a record eighth world title with…
At Google Cloud Next this week, the tech giant announced a series of new updates to Workspace, its subscription-based productivity suite for professionals. As you might expect, this update is AI-focused, integrating new automation tools into a variety of workflows, from email drafts to organizing Google Sheets. Overall, this change is clearly aimed at allowing office workers to pursue less busy work. Some of the new features are listed below. Workspace intelligence. Workspace Intelligence, a new AI system built into Google’s Office suite, is designed to automate assistance across a variety of tasks. The system leverages your workspace data, including…
Evan Greenberg, President and Chief Executive Officer of Chubb Ltd., arrives for the morning session of the Allen & Co. Media & Technology Conference on Wednesday, July 10, 2019 in Sun Valley, Idaho, USA. Patrick T. Fallon | Bloomberg | Getty ImagesChubbs The stock is trading lower on Wednesday despite strong earnings beats and a significant increase in the price target by Wall Street analysts.Instead of focusing on these numbers, investors are spooked by signs of softening in the property and casualty insurance market, including increased competition and falling premium rates. On Wednesday’s earnings call, CEO Evan Greenberg pointed to…
ServiceNow CEO Bill McDermott speaks on CNBC’s Squawk On The Street outside the World Economic Forum in Davos, Switzerland, on January 21, 2025. Jerry Miller CNBCServiceNow Chief Executive Officer Bill McDermott told CNBC on Wednesday that the company expects to have the same number of employees at the start of 2027 as it did at the start of 2026, even after integrating the acquisitions.McDermott said leveraging artificial intelligence to increase employee productivity is key to cost discipline.”We’re losing headcount internally, so we don’t need to fill it,” McDermott said. “So we’re still able to maintain a great culture. We’re still…
U.S. Navy Secretary John Phelan speaks about the U.S. Navy’s new Golden Fleet initiative, unveiling a new class of warships, at Mar-a-Lago in Palm Beach, Florida, Dec. 22, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesNavy Secretary John Phelan is leaving the Trump administration “effective immediately,” a Pentagon spokesperson announced Wednesday.”On behalf of the Secretary of the Army and the Deputy Secretary of the Army, I would like to thank Secretary Phelan for his service to the Department of the Army and the Navy,” Press Secretary Sean Parnell told X. “We wish him the best in his future endeavors.”Undersecretary of the…
President Donald Trump has claimed, without providing evidence, that Virginia’s election was “rigged” after a referendum to redraw the state’s congressional maps narrowly passed.With most votes counted on Tuesday, the bill passed by a narrow margin, with 51.45 percent in favor and 48.55 percent opposed. The outcome could significantly change Virginia’s representation in the U.S. House of Representatives, potentially benefiting Democrats.Recommended stories 1 list of itemsend of listTrump’s comments came after Wednesday’s results, which are expected to face legal challenges.“There was election fraud in the Confederacy of Virginia last night!” Trump wrote in a post on TruthSocial.”The Republicans won all…