On the first trading day of the year, all major indexes advanced, but they started tilting down before long. The likely culprit? Rising Treasury yields.
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Rivian plans to lay off more than 600 workers
A Rivian R1S electric vehicle (EV) at a dealership and service center in San Francisco, California, US, on Tuesday, June 3, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT – Rivian Automotive reportedly plans to lay off more than 600 people as the all-electric vehicle maker faces growing market challenges. The Wall Street […]
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Trump didn’t like the EU before. Now, Russia might be pushing them closer
European Commission President Ursula von der Leyen speaks, while sat with U.S. President Donald Trump, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | Reuters Relations between the U.S. and European Union have been thorny this year with differences over how to […]
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Defense giants Airbus, Thales and Leonardo announce space merger to rival Elon Musk’s Starlink
Airbus employees stand in front of the MetOp-SG A (L) and MetOp-SG B (R) MetOp-SG (Meteorological Operational Satellite – Second Generation) meteorological satellites in the clean room of the company’s defense and space branch on November 10, 2023 in Toulouse, southwestern France. MetOp-SG is a family of meteorological satellites placed in sun-synchronous polar orbit which […]
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