Rivian Automotive has announced significant upgrades to its R1 pickup and SUV models for the 2025 model year. These second-generation vehicles have been redesigned to enhance range, performance, and computing power. The company has made notable changes to over half of the hardware components for these updated models, as well as reengineered the batteries and
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The PGA Tour and the Saudi-backed LIV Golf have been actively engaging in discussions, as revealed by a source familiar with the matter. This comes a year after the initial announcement on CNBC where they disclosed their intention to form a partnership. The talks have been described as “extremely active” and involve the PGA Tour
Boeing CEO Dave Calhoun is set to testify before a Senate panel on June 18, where he will be addressing serious concerns raised by whistleblowers regarding quality control at the aircraft manufacturing company. This move comes as Boeing continues to grapple with a safety crisis that has significantly impacted its reputation and credibility. Senator Richard
American Airlines CEO Robert Isom made a bold move on Wednesday by offering flight attendants an immediate 17% wage increase as contract talks with the Association of Professional Flight Attendants continue without a resolution in sight. The airline and the union have been at odds over various issues, particularly pay, with flight attendants not having
Boeing’s much-anticipated Starliner spacecraft took flight on Wednesday, marking a significant moment in space exploration. The launch, which saw two NASA astronauts onboard, took place from Cape Canaveral, Florida. Starliner was launched using United Launch Alliance’s Atlas V rocket, with a destination set for the International Space Station. Following a flawless release of the Starliner
Walmart has recently unveiled new training programs and certifications aimed at filling high-demand roles within the company such as HVAC technicians, opticians, and software engineers. In addition to this, Walmart is offering an annual bonus of up to $1,000 for hourly store workers in an effort to retain talent and compete with rivals like Amazon.
Warner Bros. Discovery’s Max has recently announced price increases for its ad-free options. This decision comes in the midst of other streaming platforms also raising their membership fees. In anticipation of the second season of HBO’s “Game of Thrones” prequel “House of the Dragon,” Max is making changes to its pricing structure. Changes in Pricing
Ford Motor has experienced an 11.2% increase in U.S. new vehicle sales compared to the previous year, with a significant boost coming from sales of hybrid and all-electric models. While traditional vehicles with internal combustion engines saw a more modest 5.6% rise in sales, hybrids and EVs saw a whopping 65% increase in sales. Challenges
The leadership of Paramount Global recently presented a comprehensive go-forward plan during the company’s annual shareholder meeting, outlining strategic priorities in the event that a sale of the company does not come to fruition. The plan was revealed by CBS CEO George Cheeks, Paramount Media Networks CEO Chris McCarthy, and Paramount Pictures CEO Brian Robbins,
News of Paramount and Skydance reaching an agreement on a potential merger has taken the entertainment industry by storm. The deal, which is awaiting final approval from Paramount’s controlling shareholder Shari Redstone, has been in the works for weeks. The buying consortium, which includes David Ellison’s Skydance along with private equity firms RedBird Capital and