Rivian Lost $1.7 Billion in the Third Quarter
The electric truck maker said it had enough cash to fund its operations through 2025.
Posted inCompany Reports Kelman, Glenn Layoffs and Job Reductions Real Estate and Housing (Residential) Real Estate Brokers Redfin Shutdowns (Institutional)
Redfin, a Real Estate Broker, Lays Off 13% of Its Staff
The company also said it was shuttering RedfinNow, its home-flipping service, as concerns grow about a slowdown in the housing market.
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Adidas Lowers Earnings Forecast After Dropping Kanye West
The German sportswear company slashed its yearly forecast after dropping the popular Yeezy line over hate speech by its creator, Kanye West.
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FTX’s Near-Collapse Batters the Crypto Industry
Prices of digital currencies have tumbled even after the exchange FTX announced a provisional lifeline by a top rival, Binance.