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An Illegal immigrant in Indiana accused of causing a fatal semi-truck crash is the owner of a company that took out over $35,000 in PPP loans.
Rivian CEO RJ Scaringe made no indication of layoffs during his chat with BI but said that the company was approaching its "most important point."
Rivian is known for designing its electric trucks from scratch. Now a spinout company has done the same thing for an electric bike.
The auto parts manufacturing company filed for bankruptcy Sunday after disclosing more than $10 billion in liabilities, court filings show.
Rivian CEO RJ Scaringe told BI that the company tore down China's highly popular Xiaomi SU7 and found that it was a "really well executed car."
The company, whose stock price is down more than 30% this year, has struggled in the wake of high-profile controversies and increased competition.
Conservative group targets Chubb Insurance CEO Evan Greenberg over climate policies and DEI initiatives in new television and billboard advertising campaign.
The Toro Company (TTC) has underperformed the S&P 500 over the past year, despite previously appearing undervalued.
Palantir CEO Alex Karp said his company is in an artificial intelligence arms race with its competitors, after reaching a deal with Lumen Technologies.