Rivian CEO taking different approach than Elon Musk for humanoid robotics company
Humanoid industrial robot are on display at the humanoid robot data training center in Shougang Park on March 27, 2025...
Breaking News: Business
Paramount-WBD merger wins approval from DOJ
Paramount Skydance CEO David Ellison speaks on stage during the Paramount Pictures presentation at CinemaCon at The Colosseum at Caesars...
SpaceX cuts retail IPO allocation to low 20% range, source says
SpaceX is allocating a smaller-than-expected portion of its blockbuster initial public offering to retail investors, according to a person familiar...
From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
SpaceX's Super Heavy booster is seen on the launch pad, as Starship is prepared to be placed on top, at...
Elections advertising spend for 2026 expected to reach record high, outpacing presidential years
The 2026 midterm election cycle could surpass the 2024 presidential cycle to reach record advertising spend for any U.S. election,...
North Carolina treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic
North Carolina state Treasurer Brad Briner said the year's hottest IPO is too expensive for his pension fund to own.Briner,...
Commercial real estate saw record lending competition in April, according to JLL
Key PointsGlobal credit activity among lenders as well as overall competitiveness of loan terms reached an all-time high in April,...
How pandemic car shortages are still making new and used cars expensive
The shockwaves of the Covid-19 pandemic are still hitting the U.S. car market and pushing prices up, even for exceptionally...
GM eyes new battery chemistry to grow AI data center, energy storage business
A GM energy display is seen at the New York International Auto Show on April 16, 2025.Danielle DeVries | CNBCGeneral...
As LIV Golf faces a Saudi funding cliff, CEO says to take PIF 'at their word'
LIV Golf CEO Scott O'Neil told CNBC Tuesday that as a funding cliff approaches, the organization has to trust Saudi...
Rivian is betting on its R2 EV to turn the automaker into a household name like Tesla
Rivian CEO and founder RJ Scaringe (right) speaks with longtime employee and engineer Max Koff during a launch event on...
5 takeaways from airline CEOs' biggest annual gathering
Ground crews load cargo and supplies onto airplanes from airlines including Lufthansa Group, Emirates, Austrian Airlines, and British Airways, as...
OpenAI confidentially files for IPO, prepping Wall Street for mega AI debut
OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025.Kim Kyung-hoon | ReutersOpenAI...
Airlines find the grass isn't always greener with new engines
Technicians work on an engine at GE Aerospace's engine shop in Lafayette, Indiana.Leslie Josephs/CNBCRIO DE JANEIRO — Airplane engine makers...
United CEO brushes off airline mergers after American rejection: 'There's nothing'
A United Airlines plane taxis at Los Angeles International Airport on April 21, 2026 in Los Angeles, California. Justin Sullivan...
Italian coffee giant Lavazza launches single-serve tablets to make espresso in the U.S.
Lavazza said its Tablì tabs are made of 100% coffee, without any gelatin, coating or binders.Source: LavazzaLavazza is bringing its...
Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
This photograph shows an aircraft of low-cost Irish airline Ryanair parked at the Thessaloniki airport "Makedonia", in Thessaloniki on May...
'Bring 'em on': Delta wants United's crown over the Pacific, too
United Airlines and Delta Airlines jetsSam Hodgson | Bloomberg | Getty ImagesRIO DE JANEIRO — Delta Air Lines is the...
How ‘Backrooms’ producer Peter Chernin thinks Hollywood needs to change
Over the past week, one conversation has dominated Hollywood executive lunches and studio staff meetings: What's the next "Backrooms"? The...
Boeing to start 737 Max production on new assembly line July 6, CEO says
RENTON, Wash. — Boeing will begin building new 737 Max airplanes on July 6 at a final assembly line it's opening north of...
