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Rivian CEO RJ Scaringe at the company’s first “Autonomy and AI Day” on Dec. 11, 2025, in Palo Alto, California.Lora Kolodny | CNBCRivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain for the electric vehicle maker.Despite Wall Street analysts expressing some optimism following Rivian’s first “Autonomy and AI Day,” the company’s stock fell 6.1% to close Thursday at $16.43 per share. But shares recovered Friday to close at $18.42, up 12.1%While the event didn’t cause many analysts to change ratings or…

The UK’s “extreme and secretive” citizenship-stripping powers are putting millions of British Muslims at risk of being deprived of their nationality, a new report has warned. Research published by the Runnymede Trust and Reprieve on Thursday found that nine million people in the UK – approximately 13 per cent of the population – could be legally stripped of their citizenship at the home secretary’s discretion. The powers, campaigners warn, disproportionately impact and endanger citizens with heritage linked to South Asia, the Middle East and Africa. Both organisations warn that the “deprivation regime” now represents a systematic threat to Muslim communities, echoing the…

Wilfried Nancy believes the Celtic players “deserve” to win the Scottish League Cup after a period of uncertainty. The Frenchman has suffered back-to-back defeats – to Premiership leaders Hearts and Roma in the Europa League – since being appointed as Brendan Rodgers’ permanent successor as manager. Nancy is the first Hoops boss to lose his first two games in charge and has also been criticised by some for immediately changing to a new formation. Please use Chrome browser for a more accessible video player Celtic claimed a last-gasp win against St Mirren in their last Premiership meeting The 48-year-old believes…

CNBC’s Jim Cramer told investors on Friday to buy the sharp, post-earnings sell-off in Broadcom shares. “This company is on fire,” Cramer said on ” Squawk on the Street ,” pointing to the custom chipmaker’s long list of notable clients, including Alphabet , Meta Platforms , ByteDance-owned TikTok, and Anthropic. The stock sank nearly 11% following a strong Thursday evening quarterly beat and guidance raise that got overshadowed by some misinterpreted remarks by management on the earnings call. It didn’t help that Broadcom shares ran up this week ahead of the print, which heightened already high expectations. Some profit-taking may…

A tract of new tightly packed homes are viewed along the Boulder City Parkway on January 11, 2022 in Henderson, Nevada.George Rose | Getty ImagesHome values have been losing ground for much of this year, with previously huge annual gains shrinking to nothing. The result is that homeowners are losing equity.Borrower equity fell 2.1% in the third quarter of this year compared with the same period a year ago, or a collective $373.8 billion, according to a report from Cotality. This comes after years of steep gains in home prices and record equity. Even after the drop, homeowners still have…

CAPE TOWN, South Africa (AP) — South Africa’s communications minister ordered a policy change Friday that allows Elon Musk’s Starlink and other foreign-owned satellite internet providers to operate in the country without selling 30% of their local equity to Black or other non-white owners.The policy change published in a government gazette allows foreign companies seeking licenses to operate in South Africa’s communications sector to instead invest in “equity equivalent” programs to meet affirmative action criteria, like skills training or other means of supporting previously disadvantaged groups.That option is also available for foreign-owned companies in other sectors in South Africa.Musk, who…

Consumers are still dining out, but instead of higher-priced entrees, many are ordering more appetizers. As food inflation and affordability dominates the conversation about the U.S. consumer, new restaurant purchasing data shows even among Americans who are going to restaurants, many are in the mindset of cutting back.”Appetizer orders are up 20% year over year, even as entrees and desserts are largely flat or declining,” said Jim Pazzanese, executive vice president of global strategic procurement of Buyers Edge Platform, which tracks supply chain data within the food service industry. “The shift is visible at the item level,” he said, with…

Senate Minority Leader Chuck Schumer, a Democrat from New York, right, and Sen. Raphael Warnock, a Democrat from Georgia, depart following a news conference at the Capitol on Dec. 11, 2025. The Senate rejected a Republican plan to replace expiring Obamacare subsidies with federally funded health savings accounts, teeing up a vote later in the day on a Democratic bill to extend the tax credits.Daniel Heuer/Bloomberg via Getty ImagesDemocrats and Republicans seem to be at an impasse over whether and how to extend enhanced premium subsidies for health insurance bought on the Affordable Care Act marketplace, as a key enrollment…

The British chief prosecutor of the International Criminal Court, Karim Khan, has accused a senior British government official of threatening to withdraw the UK’s funding and support for the court if he pursued arrest warrants against Israeli leaders. Middle East Eye understands the official to be the then foreign secretary and former prime minister David Cameron.  The allegation is contained in a statement submitted by Khan to the court which describes details of an alleged campaign of threats faced by the prosecutor in the leadup to his office requesting warrants against Israeli Prime Minister Benjamin Netanyahu and former defence minister…

UNITED NATIONS (AP) — The treason trial of South Sudan’s suspended vice president is further eroding a 2018 peace agreement he signed with President Salva Kiir, U.N. experts warned in a new report.As Riek Machar’s trial is taking place in the capital, Juba, the experts said forces from both sides are continuing to confront each other across much of the country and there is a threat of renewed major conflict.U.N. peacekeeping chief Jean-Pierre Lacroix told the U.N. Security Council last month that the crisis in South Sudan is escalating, “a breaking point” has become visible, and time is running “dangerously…