Rivian finally shows it can actually sell cars for more than the price it costs to build them

Rivian finally shows it can actually sell cars for more than the price it costs to build them

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Rivian CEO R.J. Scaringe could finally point to a gross profit at his core automotive business in the fourth quarter, a milestone achievement for the company. But whether he can maintain that into this year is up for debate. Tasos Katopodis—Getty Images for The Atlantic https://fortune.com/img-assets/wp-content/uploads/2025/02/GettyImages-2173392165-e1740155650767.jpg?resize=1200,600 2025-02-21 17:57:34

Strategy Founder Michael Saylor Wants US to Buy 20% of the Bitcoin Supply

Strategy Founder Michael Saylor Wants US to Buy 20% of the Bitcoin Supply

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Strategy co-founder Michael Saylor has suggested that the U.S. could purchase 20% of the Bitcoin supply “for free,” and that owning 4 to 6 million BTC would “pay off the entire national debt.” Appearing at the annual CPAC conference, Saylor spoke in favor of a strategic Bitcoin reserve, arguing that “the dollar would strengthen” if…

How automotive exec Crystal Brown founded CircNova, an AI drug discovery biotech

How automotive exec Crystal Brown founded CircNova, an AI drug discovery biotech

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Tiny Michigan biotech startup CircNova has raised a $3.3 million seed round for its technology that uses AI to target so-called “circular RNA.” The development holds promise as a new method to quickly develop therapies for conditions that currently have no drug treatments. The new funding is also a victory lap for co-founder and CEO…

St Patrick’s Day move over Trump policy a gamble by Sinn Féin

St Patrick’s Day move over Trump policy a gamble by Sinn Féin

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Enda McClafferty BBC News NI political editor Reuters Donald Trump attacked Ukraine’s President Volodymyr Zelensky earlier this week and has threatened to remove Palestinians from Gaza Boycotting the St Patrick’s Day celebrations in the White House is a big call by Sinn Féin. Such a snub risks damaging long-standing relationships with key political figures in…

Southern Hospitality Recap: Maddi Feels ‘Pressure’ After Fake Wedding

Southern Hospitality Recap: Maddi Feels ‘Pressure’ After Fake Wedding

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Charles Sykes/Bravo Maddi Reese didn’t legally marry Joe Bradley in Las Vegas, but that didn’t stop him from calling her his “wife” on Southern Hospitality — with or without her approval. “That Vegas wedding wasn’t real, and I think Joe thinks it was,” Maddi confessed during the Thursday, February 20, episode of the Bravo series….

cryptocurrency market crash: Invested in crypto? Bitcoin may be headed for a 2020-like crash? Here’s what an industry expert has to say

cryptocurrency market crash: Invested in crypto? Bitcoin may be headed for a 2020-like crash? Here’s what an industry expert has to say

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If you’re holding Bitcoin or other cryptocurrencies, you might want to rethink your position. Tara McAulay, CEO of Pharos Fund and former co-founder of Alameda Research, has raised concerns about a potential market crash that could echo the 2020 meltdown, reported The Street. Expert warns of potential market crash McAulay warned that traders may be…

Five of the most important fintech VCs investing heavily in the sector

Five of the most important fintech VCs investing heavily in the sector

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Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In the fourth quarter of 2024, investment climbed to $25.9 billion from $18 billion in the third quarter, according to KPMG. Granted, this is not the enthusiasm of…