Rivian Automotive has recently made headlines after experiencing an unprecedented stock surge, marking a pivotal moment for the electric vehicle (EV) manufacturer. After announcing its production and delivery figures for 2024, Rivian’s shares rose significantly, closing at $16.49—a remarkable increase of 24.5% in a single day. This leap represents the highest daily percentage increase since
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DraftKings has recently introduced an intriguing subscription service tailored specifically for sports betting enthusiasts: DraftKings Sportsbook+. Launched discreetly on December 28, this new model has been implemented initially for select users in New York. Priced at a modest $20 per month, the service offers subscribers attractive profit boosts on winning parlays, potentially revolutionizing the betting
The recent enforcement action by the Department of Transportation (DOT) against JetBlue Airways, imposing a $2 million fine for what it describes as “chronically delayed flights,” shines a glaring spotlight on the airline industry’s ongoing struggles with punctuality. This unprecedented penalty is not merely an isolated incident but rather a critical indicator of systemic issues
In a significant public health advisory released recently, U.S. Surgeon General Dr. Vivek Murthy highlighted a critical issue: the connection between alcohol consumption and an elevated risk of various cancers. This announcement is not merely a wake-up call for individuals, but a call to action for policymakers aiming to mitigate the pervasive dangers linked to
The scrutiny of Carvana Inc., an online used-car retailer, has intensified with the release of a recent report by Hindenburg Research. This notable short-selling firm has raised serious concerns about the company’s purported financial turnaround, labeling it merely a “mirage.” The focus of their allegations rests on potentially dubious accounting practices and a network of
The restaurant industry found itself grappling with monumental challenges in 2024, a year marked by a disturbing trend of closures and an alarming rise in bankruptcies. As inflation weighed heavily on consumers, many chose to scale back their dining experiences, searching for bargains and value rather than indulgence. This frugality led to a notable drop
In a heart-wrenching aviation disaster, a Jeju Air flight tragically executed a belly landing at Muan International Airport in South Korea, resulting in the deaths of 179 individuals among the 181 passengers and crew aboard. This incident marks a significant moment in South Korea’s aviation history, as it has been labeled the worst air disaster
In a remarkable display of audience engagement, Netflix announced record-breaking viewership figures for the NFL games streamed on Christmas Day. According to Nielsen reports, over 65 million people across the United States tuned in for the two exclusive NFL matchups. The Baltimore Ravens’ triumph over the Houston Texans captivated an average of 24.3 million viewers,
On Tuesday morning, American Airlines faced a significant setback when technical problems grounded all its U.S. flights, just as the airline industry braces for a surge in holiday travel. Although the ground stop, which lasted less than an hour, was lifted by 7:55 a.m. ET, the disruption served as an unwelcome reminder of how fragile
In a significant legal development, the Consumer Financial Protection Bureau (CFPB) has brought forward a complaint against retail giant Walmart and the work-scheduling platform Branch Messenger regarding their treatment of delivery drivers. The CFPB’s accusations hinge on the claim that these companies coerced delivery drivers into using inadequately managed and financially burdensome deposit accounts to