Gas prices dip below $4 but inflation remains stubbornly high

Rivian CEO says new R2 SUV, autonomy make 2027 an ‘inflection year’ as EV maker marks five years since IPO

It's been five years since Rivian Automotive celebrated its initial public offering with CEO and founder RJ Scaringe ringing the Nasdaq opening bell from the company's factory in Normal, Illinois, while the company's sleek vehicles sat outside the stock exchange in Times Square. It was a euphoric time for all-electric vehicle companies that has since diminished. And much like the EV hype, Rivian's stock price is down more than 80% since the Amazon-backed company debuted on the Nasdaq at $78...

Forget happy hour. ‘Money parties’ are having a moment.

Post Office Horizon scandal giant Fujitsu in line for another £24.8m of taxpayers' money

Post Office Horizon scandal giant Fujitsu in line for another £24.8m of taxpayers' money The Post Office has announced Japanese IT giant Fujitsu will be handed a deal extension to help transfer infamous Horizon system to new provider The Japanese software giant at the heart of the Post Office Horizon scandal is set to rake in another £24.8million of taxpayers’ money after being handed an eight-month contract extension. Fujitsu’s current deal with the Post Office was due to end in March next...

Anthropic Hired UK Lobby Firm Charlesbye Before IPO, Adding to Sunak

EXCLUSIVE Anthropic Taps UK Lobby Firm Before IPO to Counter AI Backlash Anthropic PBC hired a lobbying firm run by the one-time aide to former British prime minister Boris Johnson, adding to the ranks of UK political veterans the company has recruited to handle mounting calls to regulate artificial intelligence. The Claude developer retained Charlesbye Ltd., a firm managed by Lee Cain, Johnson’s former communications director, during the most recent quarter, according to filings in the UK...