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Rivian Automotive on Thursday beat Wall Street’s fourth-quarter expectations and said it’s targeting a significant increase in vehicle deliveries this year, but the automaker also cautioned that it will continue losing money as it launches its crucial R2 next-generation vehicle.Rivian’s 2026 guidance includes increasing vehicle deliveries to between 62,000 and 67,000 units, which would be up by 47% to 59% compared with 2025. That increase is expected to be assisted by the launch of the R2 SUV during the second quarter.Rivian CEO RJ Scaringe told CNBC’s Phil LeBeau on Thursday that the R2 is expected to be the “majority of…

Have you jestermaxxed recently? Have you or someone you know been frame-mogged by an ASU fraternity leader? Did it cause your cortisol levels to spike?If you’ve been spending too much time online lately, you’re likely seeing strange warpings of the English language.Me? I think it’s great. We need some new words! But also, be mindful that these new silly words aren’t necessarily spreading organically. Some people are making money off their spread.The sudden virality of these words comes as a 20-year-old looksmaxxing livestreamer who goes by “Clavicular” has broken containment of the relatively small corner of the internet for the…

The Association of Certified Fraud Examiners has partnered with Grant Thornton to create an Anti-Fraud Blueprint to help organizations uncover fraudulent activity and avoid financial losses.Processing ContentThe guidance in the Anti-Fraud Blueprint, released Thursday, builds upon the principles in the second edition of the Fraud Risk Management Guide, released in 2023 by the ACFE and the Committee of Sponsoring Organizations of the Treadway Commission. It includes step-by-step actions, points of focus, questions and checklists to help leaders understand, assess and implement fraud risk management programs suited to the specific needs of their organization. “Fraud impacts organizations of all sizes every day,…

JPMorgan is consolidating power to move faster on AI.The bank is reshuffling its commercial and investment bank to “maximize the impact of AI,” according to an internal memo seen by Business Insider that was sent this week. The firm has named Guy Halamish as the chief operating officer of the CIB and tasked him with overseeing the ongoing effort to “harness the power of our data and fully leverage rapidly evolving AI capabilities,” the memo, signed by the CIB’s co-CEOs, Doug Petno and Troy Rohrbaugh, said. Halamish’s new role was first reported by Bloomberg. Guy Halamish is taking on a…

This as-told-to essay is based on a conversation with Roxanne Ardekani, 28, a student at Norland in Bath, England. Norland is an institution, almost 135 years old, that trains elite nannies for some of the world’s wealthiest families. It has been edited for length and clarity.I didn’t grow up thinking nannying would be my career, let alone that I’d move to the UK to train for it. I was born and raised in New Orleans. My parents are Iranian, and growing up meant traveling a lot and moving between cultures.When I was 19, I left the US to study abroad…

A Spirit Airlines plane is at George Bush Intercontinental Airport in Houston, Dec. 29, 2025.Reginald Mathalone | Nurphoto | Getty ImagesSpirit Airlines, trying to emerge from its second bankruptcy in less than a year, has sold another 20 of its Airbus planes and is bringing flight attendants back from furlough.The sale of the 20 aircraft, most of which are not in service, comes as Spirit is attempting to stabilize after years of financial struggles that have executives fighting to keep the carrier alive.”At this time, natural attrition and voluntary actions are providing flexibility needed to right-size our staffing levels for…

After nearly a century of trying, Washington state Democrats could finally pass an income tax — a move that would hit 30,000 or so top earners.Processing ContentA proposed 9.9% tax on incomes over $1 million has a good chance of winning approval in the 28 days left in the state legislative session. The measure would fundamentally change the revenue structure in the state, which is known both as the home of glittering tech wealth and as a rare liberal bastion with low taxes. Supporters say it’s a long overdue shift away from reliance on the sales tax, which falls disproportionately on…

Prospective buyers arrive during an open house at a home in Seattle, Washington, US, on Sunday, Jan. 18, 2026. David Ryder | Bloomberg | Getty ImagesHigh home prices, faltering supply and weaker consumer confidence in the economy all continue to weigh on the U.S. housing market. Sales of previously owned homes in January dropped a wider-than-expected 8.4% from December to a seasonally adjusted, annualized rate of 3.91 million, according to the National Association of Realtors.  Sales were 4.4% lower than January 2025. That is the slowest pace since December 2023.This count is based on closings, so contracts that were likely…

American Airlines flight attendants’ union plans to hold a picket outside the company’s headquarters on Thursday pushing for new leadership at the carrier, which has lagged rivals Delta Air Lines and United Airlines in profitability and punctuality. Ahead of the picket on Wednesday night, American CEO Robert Isom sought to calm frustrated employees and listed improvements the carrier expects this year, including a jump in profits as well as improvements to schedules and new cabins.”We look forward to working with all of you to make it happen,” Isom said in a video message filmed at the airline’s Fort Worth, Texas…

HANGZHOU, CHINA – NOVEMBER 11 2025: A deliveryman picks up an order at a Burger King outlet in Hangzhou in east China’s Zhejiang province Tuesday, Nov. 11, 2025. LONG WEI | Feature China | Future Publishing | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped expectations, fueled by strong international growth.Here’s what the company reported for the period ended Dec. 31 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: 96 cents adjusted vs. 95 cents expectedRevenue: $2.47 billion vs. $2.41 billion expectedRestaurant Brands reported fourth-quarter net income attributable…