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☆ A cult was taking over his Los Angeles dance community. He made a Netflix documentary to spread the word.
▼ + stars: | 2024-06-28 | by ( Lilian Manansala | ) www.businessinsider.com time to read: +9 min

Tim Milgram is a veteran of the Los Angeles dance community. I started putting this all together: Wow, this seems to go really, really far back: This isn't just about 7M management. Courtesy of Tim MilgramYou had been well-acquainted with Isaiah and even met the Shinn family. And what a successful thing Isaiah was doing, I applauded it. My origin is filming dance, being a dancer, and providing a physical space for people to train and to find community.

Persons: Tim Milgram, Isaiah Shinn, he'd, Milgram, Shinn, Konkrete, Melanie Wilking, Miranda, Shekinah, Robert Shinn, Isaiah, I'd, Briana Frapart, We're, I've, Melanie, Jessica, Acevedo, Nobody, there's, Robert, That's, it's, I'm, It's Organizations: Service, 7M Films, Business, Netflix, Variety Locations: Los Angeles, Angeles

☆ 4 key pieces of relationship advice from married psychologists who have worked with 40,000 couples
▼ + stars: | 2024-06-28 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +3 min

Renowned psychologists John and Julie Gottman have interviewed 40,000 couples in quest to find out what makes love last. Through their research at The Gottman Institute, they've learned how successful relationships survive conflict and express affection. In an interview with psychotherapist and bestselling author Esther Perel, The Gottmans said one commonality most successful couples had was their ability to do "repairs." One of the Gottman's most concrete finding is that in successful couples, the ratio of positive to negative interactions during a conflict is five to one. And lo and behold: it was the couples who had maintained at least a five-to-one ratio (or more!)

Persons: John, Julie Gottman, they've, John Gottman, you'll, Esther Perel, didn't, Perel, Joy Organizations: Gottman Institute, TED

☆ How the hyper-colorful queer world of ‘But I’m a Cheerleader’ was made
▼ + stars: | 2024-06-28 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +13 min

“It was my weird femme fantasy of what my grown-up life was going to be.”“I wanted True Directions to look like the Barbie Dreamhouse,” she continued. True Direction's founder, Mary, insulates herself from reality in the artificial setting that she's built for traditional gender roles. “I just love the cult following that it’s had,” Friedberg said in the call with Babbit and Kamerman. Despite the film’s barriers, Babbit, Friedberg and Kamerman are all pleased with its longevity, particularly as they’ve seen it gain cachet with an entirely new generation this past decade. “We were just making our weirdo indie film of queer joy and female power in a vacuum.”

Persons: ”, Natasha Lyonne, Clea DuVall, it’s, Megan, Lyonne, Jamie Babbit’s, Cathy Moriarty, ’, Eddie Cibrian, Mike, “ Barbie ”, Babbit, “, Dreamhouse, Mary, insulates, Jamie Babbit, Mark Lipson, Kushner, Locke, couldn't, —, Brian Wayne Peterson, Alix Friedberg, Tim Burton’s, Edward Scissorhands ”, John Waters, Rachel Kamerman, It’s, Phoebe Bridgers, MUNA, ” Friedberg, ” Babbit, Rogert Ebert, butch, Gia ”, Kamerman, Graham, DuVall, Eden bodysuits, Adam, David LaChapelle, reining, Jamie — you’ve, she’s Organizations: CNN, ”, Tattle Locations: New York City, New York, London, Palmdale , California, soundstages, Friedberg, Kamerman

☆ A Dark Day for Democrats
▼ + stars: | 2024-06-28 | by ( Carl Hulse | ) www.nytimes.com time to read: +1 min

Democrats confronted a nightmare scenario on Friday as they surveyed the wreckage of major political, policy and legal disasters piled atop one another with elections for control of the White House and Congress less than five months away. Even as they reeled from President Biden’s poor performance on Thursday night in a make-or-break debate with former President Donald J. Trump, Democrats were slammed anew on Friday by the Supreme Court. In one far-reaching ruling, the court undercut the government’s longstanding power to regulate health care, public safety and the environment — a core tenet of Democratic orthodoxy. In another, the justices handed down a decision that could make it more difficult to prosecute those who attacked the Capitol on Jan. 6, 2021, and potentially Mr. Trump himself, for their roles in the violent insurrection. It was a day that encapsulated the party’s worst fears about the coming elections and the rightward tilt of the Supreme Court.

Persons: Biden’s, Donald J, Trump, — Organizations: White House, Supreme, Capitol

☆ 34-year-old earning $400,000 a year: I regret buying a brand-new Tesla—it was a 'huge mistake'
▼ + stars: | 2024-06-28 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

After she got divorced in 2021, Sora Lee bought a brand new Tesla Model 3 for just over $70,000. "I just really wanted a Tesla because it's something my ex wouldn't let me [have], and I regret buying that full price," the 34-year-old tells CNBC Make It. It wasn't necessarily that she couldn't afford the car or the approximate $1,000 a month she puts toward the loan. But in retrospect, she says buying a shiny new car wasn't a very smart investment. "If I had put that into something else, I would have been making more money in terms of my investment return."

Persons: Sora Lee, Lee, Edmunds Organizations: Tesla, CNBC, Meta

☆ Why ESPN's rival to FanDuel and DraftKings is flailing — and how it could make a comeback
▼ + stars: | 2024-06-28 | by ( Ashley Rodriguez | Tiara White | ) www.businessinsider.com time to read: +7 min

The app, ESPN Bet, made early strides in the first few months, gaining ground through promotions and marketing that leveraged ESPN's popular personalities. Even Fanatics, the industry's other major recent disrupter, hasn't made much of a dent in DraftKings' and FanDuel's dominance. As of March, ESPN Bet had captured about 4% of the online-sports-betting market by gross gaming revenue, per Bank of America's analysis, though its share has been higher in states like Pennsylvania. How ESPN Bet can make a comebackPenn could still be successful if it improves its product and spends less money on acquiring new customers, the analysts said. Jonas said if Boyd acquires Penn, it would be a sizable shift in strategy for their management, team, and board.

Persons: —, FanDuel, Dan Wasiolek, Will Wyatt, Penn's, Jay Snowden's, Boyd, Penn, ESPN Bet's, hasn't, it's, Barry Jonas, Scott Van Pelt, Stephen A . Smith, ESPN Bet, Penn doesn't, Jonas, EKG, Snowden, Wasiolek, they'll Organizations: Service, ESPN, Penn Entertainment, Business, ESPN Bet, Morningstar, Donerail Group, Barstool Sports, Penn, Reuters, Boyd Gaming, Truist Securities, Barstool, ESPN Bet's, NFL, Management Locations: Barstool, Penn, Pennsylvania, Eilers

☆ How many alarms should you set in the morning?
▼ + stars: | 2024-06-28 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +6 min

If you are clogging your clock app with all those morning alarms, you’re setting yourself up for a groggy morning, experts say. He recommends setting one alarm, allowing for deep sleep to continue uninterrupted until you need to wake up in the morning. Most of the time, however, someone who needs multiple alarms to wake up in the morning is sleep deprived, she said. Goldstein recommends students use summer break to find how many hours of sleep they get naturally after a few weeks. Instead, Peters recommends trying to fall back asleep until it feels as though 15 to 20 minutes have passed.

Persons: CNN —, Brandon Peters, “, ” Peters, Cathy Goldstein, Goldstein, ”, Alicia Roth, a.m, Roth, Peters, ” Goldstein, you’re Organizations: CNN, Virginia Mason Franciscan Health, Disorders, University of Michigan Medical School Locations: Virginia, Seattle, Michigan, Ohio, ”

☆ A summer wave of Covid-19 has arrived in the US
▼ + stars: | 2024-06-28 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +6 min

CNN —Covid-19 levels have been rising in the United States for weeks as new variants drive what’s become an annual summer surge. That’s enough time to offer protection during the winter respiratory virus season but probably after this summer’s wave has ebbed. On Thursday, the CDC recommended that everyone ages 6 months and older receive an updated Covid-19 vaccine for the 2024-25 season. Unlike flu and RSV, Covid-19 is constantly circulating; it doesn’t offer a reprieve. The changes are meant to “simplify RSV vaccine decision-making for clinicians and the public,” the agency said.

Persons: CNN —, ”, Robert Hopkins, ” Hopkins, Marlene Wolfe, “, Dr, Jerry Weir, Marcus Plescia, Plescia, Sanjay Gupta, ” CNN’s Jen Christensen Organizations: CNN, US Centers for Disease Control, CDC, National Foundation for Infectious Diseases, Stanford University, Emory University, Emory, WastewaterSCAN, FDA, Viral Products, Vaccines Research, FDA’s, Biologics, Association of State, Territorial Health, CNN Health Locations: United States, —, Covid

☆ SCOTUS seems determined to dismantle the administrative state. It will make regulating major industries tougher.
▼ + stars: | 2024-06-28 | by ( Natalie Musumeci | Katie Balevic | ) www.businessinsider.com time to read: +8 min

Then, according to Hockett, the case would be heard by an administrative court. Straight to federal court. "These two rulings largely amputate the two most important arms that our regulatory agencies use every day in overseeing our industrial economy," Hockett said. AdvertisementIn overturning the Chevron doctrine in a 6-3 decision, the high court has hamstrung federal agencies' regulatory powers. Panuccio said that he supported the decisions and called them "important checks on administrative power."

Persons: —, Elena Kagan, Robert Hockett, SCOTUS, Friday's, Hockett, John Roberts, Roberts, Jonathan Siegel, Siegel, Jarkesy, It's, Rachel Weintraub, Weintraub, Jesse Panuccio, Trump, Panuccio Organizations: Service, United States, Securities, Exchange, Business, Cornell University, Environmental Protection Agency, EPA, Chevron, Natural Resources Defense Council, SEC, George Washington University, Coalition, Sensible Locations: North America

HANGZHOU, China — Apple 's mixed-reality headset began deliveries in China on Friday with a retail price roughly 18% higher than in the U.S. The device starts at 29,999 yuan ($4,128) in China, compared with a $3,500 retail price in the U.S. When asked by CNBC, a customer surnamed Chen in Beijing said his suggestion to Apple CEO Tim Cook was to make Vision Pro cheaper by about 10,000 yuan ($1,376). Greater China accounted for about 18% of Apple's revenue in the three months ended March 30, according to an Apple filing. Chen pre-ordered his Vision Pro and was at a major store in Beijing to pick it up and receive some training on how to use it.

Persons: Chen, Tim Cook, salespeople Organizations: U.S, CNBC, Vision, Apple, Huawei, Beijing — Locations: HANGZHOU, China, U.S, Beijing, Weibo, Greater China

☆ Pearl Jam cancel London concert due to illness
▼ + stars: | 2024-06-28 | by ( Issy Ronald | ) edition.cnn.com time to read: +1 min

London CNN —Pearl Jam has canceled its scheduled concert at Tottenham Hotspur Stadium in London on Saturday because of “illness in the band,” it announced on Friday. Due to existing schedule commitments, the American rock band added that it would not be able to reschedule the concert and would refund all the tickets purchased. “There was simply no other option based on our current health and also having to avoid further damage,” it added. “We couldn’t be more disappointed to not play one of our favorite cities this tour,” the band said, adding that it was “deeply grateful” for the support of its fans. It is currently touring Europe, the United States and Australia in support of its latest album “Dark Matter” and is next scheduled to perform in Berlin on Tuesday.

Persons: Jam, Eddie Vedder, Pearl, ”, Pearl Jam Organizations: London CNN, Tottenham Hotspur, Dublin, Roll Hall of Fame Locations: London, Manchester, Europe, United States, Australia, Berlin

☆ I was rejected from Google 7 times. Here's what I changed to finally land my dream job.
▼ + stars: | 2024-06-28 | by ( Qingyue Annie | ) www.businessinsider.com time to read: +9 min

Read previewMy journey to finally landing a job at Google was an emotional roller coaster. Looking up at the stars on my walk home, I'd remember why I was working for my goal, grit my teeth, and do one more round of practice. My final attemptWhile I valued my experience at Amazon, Google still felt like an elusive dream to me. Qingyue(Annie) WangI have the job of my dreamsIt's been two years since I got the news that I'd finally landed a job at my dream company. I'm grateful to have had the opportunity to finally experience Google's culture and even become an internal career coach to support other Googlers in their career growth.

Persons: —, I'd, hadn't, they'd, Annie, Wang I, It's, Qingyue, Wang Organizations: Service, Google, Business, Apple

☆ What to know about the massive car dealership outage
▼ + stars: | 2024-06-28 | by ( Ramishah Maruf | Eva Rothenberg | ) edition.cnn.com time to read: +8 min

Here’s what you need to know about the massive software outage. Its systems are used by roughly 15,000 car dealerships across the United States and Canada. Under normal circumstances, the CDK software allows the dealership to register a vehicle almost instantaneously, but now the process faces heavy delays. It said it was able to bring a “small initial test group” of car dealerships back online. But the next morning, the company told dealerships another incident had happened.

Persons: CDK, aren’t, they’ve, Scott Campbell, CNN they’ve, Don Aycock, “, ”, Robbie Jacob, Jacob, Michael Deveney, Katelyn Salvato, hasn’t, Salvato, …, Callahan, We’ve, ” Callahan, it’s, Lisa Finney, ” Finney, ” Eric Noonan, John Dwyer, “ There’s, ” Noonan, Ryan Callahan, Tom McParland, McParland Organizations: New, New York CNN, Auto, CNN, Capital City Buick GMC, Buick, Diego —, Kia, Midway Automotive, Massachusetts, of Motor Vehicles, Pride Motor Group, “, DMV, Bloomberg, Binary Defense, Mazda, Automatch Consulting Locations: New York, North America, United States, Canada, Berlin , Vermont, Clay County , Florida, Diego, Lynn , Massachusetts, Eastern Europe, Seekonk , Massachusetts

☆ 11 quotes on living a long, happy life from a 102-year-old who hasn't retired: 'I don't do exceptions'
▼ + stars: | 2024-06-28 | by ( Renée Onque | ) www.cnbc.com time to read: +2 min

Deborah Szekely is a 102-year-old who still runs her business. Deborah Szekely, 102, still runs her fitness resort and spa and shows up to work three days a week. "My life is healthy, and it is structured to be healthy," Szekely tells CNBC Make It. Here are some pieces of advice that Szekely has for living a long, happy life. On working at 102"I'd be very, very sad if I didn't feel I was helping people to have a better life," Szekely says.

Persons: Deborah Szekely, Szekely, Deborah, I've, it's Organizations: CNBC Locations: That's

☆ 18 celebrities who came from nothing
▼ + stars: | 2024-06-28 | by ( Jacob Shamsian | Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

Walton Goggins had only $300 when he first came to Los Angeles; he has a lot more than that now. Matt Winkelmeyer/GettyGoggins came to LA from Georgia when he was 19. Though he knew he could make it as an actor, he also knew right away it wasn't going to be easy, so he got to work. But along with all of that I was very fortunate to start working as an actor straight away. Finally, Goggins was making enough as an actor that he could finally stop doing the side jobs.

Persons: Walton Goggins, Matt Winkelmeyer, Getty Goggins, Goggins, he's Locations: Los Angeles, LA, Georgia

☆ Why ESPN's sports-betting app is falling behind — and how it could make a comeback
▼ + stars: | 2024-06-28 | by ( Ashley Rodriguez | Tiara White | ) www.businessinsider.com time to read: +7 min

The future of ESPN's sports-betting app is now in question amid mounting losses and an activist investor push at partner Penn Entertainment that has prompted sale rumors. The app, ESPN Bet, made early strides in the first few months, gaining ground through promotions and marketing that leveraged ESPN's popular personalities. As of March, ESPN Bet had captured about 4% of the online-sports-betting market by gross gaming revenue, per Bank of America's analysis, though its share has been higher in states like Pennsylvania. "Testers liked ESPN Bet's UX and minty aesthetic but felt the app lacked depth (particularly more extensive features)," EKG wrote in May. "Product is one thing, and I would say having expertise in how to target users effectively to lower your acquisition costs and your retention costs" is key for the ESPN Bet app to compete, Wasiolek said.

☆ India set to see billions in inflows as government bonds debut on JPMorgan's debt index
▼ + stars: | 2024-06-28 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

India is set to see billions in inflows into the country's rupee-denominated government debt market, as state bonds make their debut on JPMorgan's emerging market index on Friday. This is reportedly the first time Indian government bonds have been included in a global index. India has seen foreign inflows to the tune of about $10 billion into its bond market over the past nine months since the announcement, Puneet Pal, head of fixed income at PGIM India Mutual Fund, told CNBC "Street Signs Asia." Last September, JPMorgan said the inclusion of Indian bonds in its Government Bond Index-Emerging Markets will be staggered over 10 months, starting from a 1% weightage in June to a maximum 10% in April next year. Pal said that over the medium- to long-term, the inclusion of Indian government bonds will have a positive impact across the bond markets.

Persons: Puneet Pal, Deepak Agrawal, Pal Organizations: PGIM India Mutual Fund, CNBC, JPMorgan, Government, Kotak Mutual Fund Locations: India

☆ What to know ahead of Friday’s Russell index rebalancing
▼ + stars: | 2024-06-28 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

Health care and technology are playing key roles in this year's Russell rebalancing. With the index provider's annual reconstitution slated to take place at Friday's market close, FTSE Russell CEO Fiona Bassett noted that the indexes are adapting to trends in the broader market. Super Micro Computer and MicroStrategy are set to make their Russell 1000 debut starting Monday, according to this year's rebalancing prospectus. Meanwhile, in small caps, Bassett called the Russell 2000 "much more of a health-care story." So far in 2024, the Russell 1000 has gained 13.9%, while the Russell 2000 is higher by half a percent.

Persons: Russell rebalancing, FTSE Russell, Fiona Bassett, It's, Russell, Bassett, CNBC's Organizations: FTSE, Micro Locations: U.S

☆ A Nobel Prize-winning economist breaks down exactly how Trump's proposed policies could make inflation worse
▼ + stars: | 2024-06-28 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

Read previewNobel Prize-winning economist Joseph Stiglitz told Business Insider the US economy is "remarkably strong." "I think general consensus, not just my view, but almost anybody modeling what is going on would say the Trump administration would be more inflationary," Stiglitz told BI. AdvertisementStiglitz noted Trump's promise of large increases in tariffs as one of the things that could make inflation worse. AdvertisementA third factor that could juice inflation would be the "drastic reductions in immigration" that Trump has proposed, Stiglitz said. Outside of the risks to inflation, Stiglitz said a Trump presidency could also mean a slowing GDP.

Persons: —, Joseph Stiglitz, Stiglitz, Trump, Axios, Joe Biden, Trump's, Karoline Leavitt Organizations: Service, Democratic, Republican, Business, Trump, U.S, Republicans, CNN Locations: U.S

☆ Boeing delays Starliner return by 'weeks' for testing, NASA says astronauts aren't stranded
▼ + stars: | 2024-06-28 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

Boeing's crew flight test represents the first time Starliner is carrying people, flying NASA astronauts Butch Wilmore and Suni Williams. Before launching on June 5, Boeing and NASA planned for Starliner to be in space for nine days. As of Friday, the Starliner flight has tallied 24 days and counting. NASA and Boeing say the delay for testing is solely to gather more data about the spacecraft's performance, in particular its thruster system. The Starliner crew flight test represents a final major step before NASA certifies Boeing to fly crew on operational, six-month missions.

Persons: Boeing's, Butch Wilmore, Suni Williams, Starliner, Steve Stich, Suni, Stich Organizations: International Space, NASA, Boeing Locations: White Sands , New Mexico

☆ Being a voluntary NEET can be good for your mental health, according to a psychologist
▼ + stars: | 2024-06-28 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +1 min

Some young people are choosing to be NEET to focus on mental health and values. Waiting for the right career can boost mental wellbeing and reduce stress, a psychologist says. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, International Labour Organization, Business

☆ You're probably missing out on this international travel hack that saves time at the airport and costs nothing
▼ + stars: | 2024-06-28 | by ( Joey Hadden | ) www.businessinsider.com time to read: +6 min

AdvertisementMobile Passport ControlInternational travelers use Mobile Passport Control to get through customs. While it's a more useful perk than Mobile Passport Control, not every international traveler wants to pay $100 and go to the airport for an interview. Global Entry and Mobile Passport Control lanes. How to use the appOnce your flight lands in the US, open the Mobile Passport Control app. The Mobile Passport Control app presented on an iPhone.

Persons: —, Sean Cudahy, Guy, Joe Raedle, John F, Kennedy, Cudahy, It's, I've, Chris Hondros, Getty Images Cudahy, you'll, Joey Hadden Organizations: Service, US Customs, Border Protection, CBP, Business, Control, Getty, Mobile, Google, Apple, Dallas Fort, Residents, Visa, Global, TSA, Getty Images Locations: Dallas Fort Worth

☆ Biden to Protect Hundreds of Thousands of Haitians From Deportation
▼ + stars: | 2024-06-28 | by ( Hamed Aleaziz | ) www.nytimes.com time to read: +1 min

The Biden administration plans to protect from deportation around 300,000 Haitians and allow them to work in the country, according to three people with knowledge of the matter, the latest move to shield immigrants from returning to countries in dire conditions. The administration’s plan would make Haitians who arrived after November 2022 and before early June eligible for temporary protected status, the three people said on the condition of anonymity because they were not authorized to discuss it publicly. It comes amid a flurry of recent immigration actions by President Biden. Mr. Biden has shifted toward a more restrictive stance at the southern border, which some see as an attempt to bolster his re-election chances. The Biden administration has used temporary protected status over the past few years to protect hundreds of thousands of migrants, including from countries like Venezuela, Ukraine, Afghanistan and Haiti.

Persons: Biden, Donald J, Trump Organizations: Biden Locations: Venezuela, Ukraine, Afghanistan, Haiti

☆ Beryl is first hurricane of 2024 Atlantic season
▼ + stars: | 2024-06-28 | by ( Eric Zerkel | Sara Tonks | ) edition.cnn.com time to read: +7 min

CNN —Beryl is the first hurricane of the 2024 Atlantic season, with maximum sustained winds of 75 mph with stronger gusts, according to a 5 p.m. EST update from the National Hurricane Center. That this formed so early in the season – and in this part of the Atlantic – is a sign of the hyperactive hurricane season to come, according to research from Phil Klotzbach, a hurricane expert and research scientist at Colorado State University. Normally, ocean temperatures aren’t warm enough in this region in June and July to help tropical systems thrive. That’s hardly the case this year, and one of the reasons behind record-high hurricane season forecasts over the past few months. Both have low odds of developing over the next week, but given the unusual early season action and favorable ocean temperatures, they will have to be watched closely.

Persons: Beryl, St Lucia, Vincent, Philip Klotzbach, Phil Klotzbach, “ Beryl, ” Dr, Mike Brennan, CNN’s Fredricka Whitfield, ” Brennan, “, ”, El Niño, Wilfred Abrahams, Saint Vincent, Ralph Gonsalves, ” Gonsalves, Saint Lucia, Philip J, Pierre Organizations: CNN, National Hurricane Center, Lesser, St, Colorado State University, National Oceanic, Hurricane Center, NHC, Home Affairs, National Disaster Management Agency Locations: Barbados, Windward, Caribbean, Islands, St, Grenadines, Grenada, Martinique, Tobago, Mexico Gulf, Lesser, El, Mexico, “ Kingstown, ”, Saint

☆ The Big Number: $5 Billion
▼ + stars: | 2024-06-28 | by ( Santul Nerkar | ) www.nytimes.com time to read: +1 min

Volkswagen, the German car company, said this week that it would invest up to $5 billion in Rivian, the American electric vehicle manufacturer that makes electric pickup trucks, sport utility vehicles and delivery vans. The deal will help Rivian, which has never turned a quarterly profit, make more electric vehicles and help convince investors of its stability. Rivian, which was founded in 2009 as Mainstream Motors, had billions in investments by 2021, including from Amazon, BlackRock and Ford. But as the case with many new electric vehicle companies, Rivian has also experienced hiccups in trying to ramp up to production, made harder by supply chain issues during the pandemic. In March, Rivian said it would pause construction of a $5 billion factory in Georgia to save money.

Persons: Rivian Organizations: Volkswagen, Motors, Amazon, BlackRock, Ford Locations: Rivian, Georgia, Normal

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