Rivian Lays Off Hundreds as R2 Launch Moves Ahead
Rivian said it would lay off hundreds of workers, or less than 2% of its workforce, as it works to profitably scale with the R2.
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Survey Shows Working Parents Feel They Can’t Give 100% At Work Or Home, Pew Finds
A Pew Research Center survey of 2,242 working parents finds widespread struggle to balance job responsibilities with family needs.
Thames Water on the Brink: Lenders’ Rescue Plan Faces Government Pushback
Thames Water faces a £10bn rescue plan from its lenders that could involve debt write-down and leniency on penalties, drawing government scrutiny and the...
Oil-Change Costs Rise as Iran Conflict Cranks Lubricant Prices
The Iran conflict has pushed up the price of base oil used in synthetic motor oils, raising oil-change costs and squeezing shop margins as...
SpaceX Buys AI Coding Start-Up Cursor for $60 Billion Days After IPO
SpaceX agrees to buy Cursor for $60 billion, weeks after its Nasdaq IPO, expanding its AI toolkit alongside xAI and Grok, while Cursor’s technology...
Yum Brands Sells Pizza Hut to LongRange Capital and Yum China for $2.7 Billion
Yum Brands is selling Pizza Hut to LongRange Capital for roughly $1.5 billion, with Yum China acquiring China locations for about $1.2 billion.
Back-To-School Bonus Opens Jersey Wallets With Up To £150 Per Child
Jersey has unveiled a Back to School Bonus to help families cover uniforms, stationery and other school essentials.
Renter’s Market Varies Widely Across U.S., Fueled by a New-Apartment Boom
Rents are diverging across U.S. cities as a construction boom creates more apartment supply in some areas and fierce competition in others.
Moon Helium-3 Quest Expands as Quantum Computing and Fusion Hopes Grow
Lancaster University hosts helium-3 in lab kegs, highlighting its high value and potential for lunar mining.