Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, on March 7, 2024. Mike Blake | Reuters Rivian Automotive will launch sales of its crucial R2 all-electric vehicle this spring with a roughly $58,000 special edition model, the company announced Thursday. The first of the R2…
Palantir is still using Anthropic’s Claude as the artificial intelligence startup’s clash with the Pentagon plays out, CEO Alex Karp told CNBC Thursday. “The Department of War is planning to phase out Anthropic; currently, it’s not phased out,” Karp told CNBC’s Seema Mody at Palantir’s AIPcon 9 in Maryland. “Our products are integrated with Anthropic,…
After leading New England’s impressive 14-3 regular-season campaign, Patriots head coach Mike Vrabel was named 2025 NFL Coach of the Year. He held steady as the heavy favorite to win the award for the last few weeks of the season. The Pats started 2025 off 1-2, then won 10 in a row before losing to…
A foreign tanker carrying Iraqi fuel oil damaged after catching fire in Iraq’s territorial waters, following unidentified attacks that targeted two foreign tankers, according to Iraqi port officials, near Basra, Iraq, March 12, 2026. Mohammed Aty | Reuters The effective closure of the Strait of Hormuz has abruptly thrust two alternative oil pipelines into the…
Iran’s new Supreme Leader Mojtaba Khamenei. Morteza Nikoubazl | Nurphoto | Getty Images Iran’s new Supreme Leader Mojtaba Khamenei said Thursday that the closure of the Strait of Hormuz maritime passage should be continued as a “tool to pressure the enemy,” in his first public statement since being appointed. Khamenei also said all U.S. military…
Omar Marques | Lightrocket | Getty Images Google is adding its Gemini AI technology to a new feature in its maps app, as the company pushes its artificial intelligence tools deeper into its expansive product portfolio. The new button called “Ask Maps” will feature a chatbot that allows users to ask complex questions outside of…
ATLANTA — Chris Ratledge used to make as much as $9,500 a week working on film sets around Atlanta. Now, he’s on food stamps. The 48-year-old digital imaging technician moved from Indiana to Georgia in 2017 as studios — lured by generous tax credits — turned Atlanta into the “Hollywood of the South,” the backdrop…
Here are the biggest calls on Wall Street on Thursday: Morgan Stanley names Alibaba a top pick Morgan Stanley says the company is a standout for its own “in house” chips. “Owning the full AI stack materially raises the likelihood of becoming an AI winner. In-house chips also mitigate competitive and regulatory risks. We elevate…
Hong Kong’s Victoria Harbour. Yaorusheng | Moment | Getty Images As the Iran war rocks Dubai’s safe-haven image, Hong Kong’s expanding tax incentives for family offices may attract wealthy individuals reconsidering their Middle East exposure, lawyers and consultants told Inside Wealth. “We’re seeing a lot more interest in Hong Kong. This interest, especially in the…
President Donald Trump speaks to supporters during a rally at the US Steel-Irvin Works on May 30, 2025 in West Mifflin, Pennsylvania. Jeff Swensen | Getty Images Here’s CNBC’s brief guide to Section 301s — what they are, why the White House has resorted to using them, and what President Donald Trump’s administration hopes to…
