Rivian sacrifices 2027 profit goal to push deeper into autonomy Rivian no longer expects to meet a long-expected profitability goal in 2027 because of how much money it is spending on its autonomy efforts, the company disclosed on Thursday. The company said it does not expect to be EBITDA positive by next year as it sees R&D costs rising in line with its quickening efforts to build out its...

SpaceX SPV investors won’t know their true holdings until post-IPO lock-ups lift SpaceX makes its public debut on Friday and some investors who backed the company through special purpose vehicles (SPVs) still don’t know how many shares they’re entitled to or whether they’ll get any shares at all. Investing through SPVs, where multiple parties pool their money to invest in a single company, has...

Trump's FIFA call opens a 'slippery slope,' says sports columnist Christine Brennan Takeaways from the U.S. men's loss to Belgium in the World Cup Folarin Balogun (20) is consoled by Belgium head coach Rudi Garcia after the United States' 4-1 loss to Belgium...

Chef Robotics escaped the robot cooking graveyard and says it’s thriving — here’s why Chef Robotics CEO Rajat Bhageria likes to tell people — correctly — that his industry is a veritable startup graveyard. Whether you’re talking about Chowbotics, a salad-making startup that was acquired and later shut down by DoorDash, or Zume, a $400 million attempt to “disrupt” pizza delivery that collapsed...

Ex-Virginia Lt. Governor Justin Fairfax kills wife and himself in murder-suicide, police sayGetty ImagesA former deputy governor of Virginia and his wife were found dead at their home on Thursday morning, in what authorities described as a murder-suicide.Investigators say Justin Fairfax shot his wife multiple times before turning the gun on himself at their Annandale home. Both of the couple's...