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Rivian shares soar on massive cash injection from Volkswagen, starting immediately with $1 billion

AP Business Writer Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker immediately, and a potential total of up to $5 billion as part of a software development agreement. Rivian’s market value soared close to $86 billion shortly after it went public

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Where tech, politics & giving meet: CEO Nicole Taylor considers Silicon Valley’s busy intersection

Associated Press Nicole Taylor has an insider’s view of philanthropic trends from her seat as the president and CEO of the Silicon Valley Community Foundation. Located in Mountain View, California, the community foundation’s donors gave out nearly $4.6 billion in 2023, a significant increase from the $2.6 billion granted the previous year. That spike, Taylor

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‘This is the blood of my son’: While Israel hailed rescue of four hostages, Palestinians recall the horrors

By Mohammad Al Sawalhi, Tareq El Helou, Abeer Salman, Sana Noor Haq, Paula Hancocks, Gianluca Mezzofiore, Avery Schmitz and Florence Davey-Attlee, CNN (CNN) — Bullet holes fleck the bloodstained walls of the Miqdad family home, in Nuseirat camp, central Gaza. CNN footage from the house shows a cream teddy bear perched on a white cupboard,

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A signature Biden law aimed to boost renewable energy. It also helped a solar company reap billions

Associated Press WASHINGTON (AP) — As he campaigned for the presidency, Joe Biden promised to spend billions of dollars to “save the world” from climate change. One of the largest players in the solar industry was ready. Executives, officials and major investors in First Solar, the largest domestic maker of solar panels, donated at least

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Texas executes Ramiro Gonzales after failed appeals that argued he was no longer a threat nor eligible for death penalty

By Dakin Andone, CNN (CNN) — Texas executed Ramiro Gonzales by lethal injection on Wednesday for a 2001 murder, the state Department of Criminal Justice said, following unsuccessful appeals to the US Supreme Court that argued, in part, he should have been ineligible for the death penalty under state law because he was no longer dangerous. Gonzales,

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Allies urge Trump to focus on inflation, immigration and crime as team tempers debate expectations

By Kristen Holmes, Alayna Treene, Steve Contorno and Kate Sullivan, CNN (CNN) — Staring down a potentially race-defining debate and an opponent that has spent far more time preparing, Donald Trump’s team is now trying to steer the former president’s focus to kitchen table issues instead of the grievances that have occupied his mind for the past four

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