Rivian shares rise, despite larger than expected loss
CNN
Electric truck maker Rivian delivered some much needed assurance to Wall Street Wednesday, even as it reported a larger than expected first quarter loss.
The company said that it had 7,000 new orders for its R1 electric pickup in the last two months, bringing total net orders up to 90,000 vehicles. And it said that despite supply chain problems that have cut its production by 25% since the end of March, it is still on track to build 25,000 vehicles by the end of this year.
And perhaps most assuring to investors, it said it has enough cash on hand — $17 billion — to be able to launch production of its next vehicle, the R2, at a second planned plant in Georgia in 2025 and operate through at least that year.
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Opening statements are set for Tuesday in the trial of an Aurora, Colorado, dentist accused of fatally poisoning his wife’s protein shakes, plus plotting to kill four others, including the lead detective investigating her death.
Los Angeles man dies in jail while awaiting trial for killing and dismemberment of wife, her parents
A Los Angeles man accused of killing and dismembering his wife, her mother and her stepfather has died in jail while awaiting trial, authorities said Monday.
The Supreme Court on Monday said President Donald Trump may proceed with his plan to carry out mass layoffs at the Department of Education in the latest win for the White House at the conservative high court.
Texas Sen. John Cornyn outraised his Republican challenger, Attorney General Ken Paxton, by $1 million during the first three months of what’s becoming one of the most hotly contested primary battles of the 2026 midterm elections.
There are arguably more questions than ever about the Epstein case thanks in large part to the bizarre handling of it by the Trump administration.
CNN’s 5 Things PM brings you the stories you might have missed during your busy day.
Former New York Gov. Andrew Cuomo said in a video released Monday that he will run an independent campaign for New York City mayor, weeks after losing the Democratic primary to Zohran Mamdani.
A slew of Democratic-led states asked a federal court on Monday to lift the Trump administration’s freeze on nearly $7 billion in public education money, accusing the Department of Education of unlawfully locking up critical funds Congress set aside to help low-income and immigrant students, among others.
President Donald Trump made an announcement Monday aligning him more firmly with Ukraine’s defense against Russia’s invasion than ever before.
Kerr County commissioners discussed ongoing search and rescue efforts Monday in their first official meeting since catastrophic flooding killed more than 100 people in the county last week.
CNN is tracking the evolving firings and layoffs at federal offices in Washington and across the United States.
Several of President Trump’s top officials went to work Monday with a key question unanswered: Would Dan Bongino show up for work today?
In the early morning hours of July 4, torrential rains triggered flash flooding in central Texas. At least 120 people were killed, including dozens of children who were at summer camps along the Guadalupe River. The river rose more than 20 feet in less than two hours.