Business News

Rivian, Lucid, Scout aren't counting on Dems to restore EV incentives

Rivian, Lucid, Scout aren’t counting on Dems to restore EV incentives

Frederic J. Brown | Afp | Getty Images Leaders of several U.S. electric vehicle manufacturers said they’re not counting on increased federal support for their businesses once Democrats gain control of Congress in January, but they said they’ll gladly take it if it does happen.  That was the overall sentiment from CEOs of Rivian Automotive,

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Foundation robot startup runs out of cash after founder borrows millions

Foundation robot startup runs out of cash after founder borrows millions

Sankaet Pathak, CEO and founder of Foundation, a company that builds a humanoid robot Phantom-01, poses for a photo during an interview with Reuters at his company’s factory in San Francisco, California, U.S., February 4, 2026. Aleksandra Michalska | Reuters Foundation Future Industries, a maker of military humanoid robots advised and backed by Eric Trump,

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'Star Wars' is coming to Cosm domes ahead of 50th anniversary

‘Star Wars’ is coming to Cosm domes ahead of 50th anniversary

A poster for Disney and Lucasfilm’s “Star Wars: A New Hope” in shared reality at Cosm. Cosm The Force is strong with Cosm. On Thursday, the immersive entertainment technology company announced a new studio partnership with The Walt Disney Company that will bring the original “Star Wars” to its domes early next year as part

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Scout Motors has 212,000 reservations as $2 billion U.S. plant nears completion

Scout Motors has 212,000 reservations as $2 billion U.S. plant nears completion

The Scout Motors Terra pickup Truck and Traveler SUV is showcased during 2025 Los Angeles Auto Show at the Los Angeles Convention Center on November 21, 2025 in Los Angeles, California. Josh Lefkowitz | Getty Images BLYTHEWOOD, S.C. — Electric vehicle startup Scout Motors has notched roughly 212,000 reservations for its upcoming EVs as the

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CANARX official arrested on drug importation charges

CANARX official arrested on drug importation charges

U.S. authorities are accusing the two top officials of a Canadian company of operating a long-running scheme to illegally import prescription drugs into the U.S., according to court records filed Tuesday. John Thomas Howard, treasurer and a director of the company, CANARX, was arrested Sunday on smuggling and conspiracy charges, according to the records. Bob

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American Airlines brings fresh food back to NY-Chicago first

American Airlines brings fresh food back to NY-Chicago first

An American Airlines plane taxis at Chicago O’Hare International Airport in the northwest side of Chicago, Illinois on Jan. 15, 2026. Daniel Slim | AFP | Getty Images American Airlines said Wednesday it’s bringing small, fresh “bites” to first class on flights between its hubs in New York and Chicago, the carrier’s latest effort to

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JetBlue's CEO has pushed back on creditor fears, bets on premium

JetBlue’s CEO has pushed back on creditor fears, bets on premium

Joanna Geraghty, CEO of JetBlue, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 16, 2026. Saul Loeb | AFP | Getty Images JetBlue Airways executives have sought to calm investors after shares in the airline hit a record low following a report that bondholders had contracted restructuring advisors. “We have

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