Ford and Rivian cancel plans to jointly develop an electric vehicle – CNBC
Ford retains a 12% stake in Rivian, which at the company’s IPO last week reached a value of more than $10 billion.
USA
CDC vaccine advisers vote to recommend Covid-19 boosters for all adults – CNN
Vaccine advisers to the US Centers for Disease Control and Prevention voted unanimously, 11-0, Friday to recommend booster doses…
Top Fed official opens door to faster ‘taper’ of bond-buying programme – Financial Times
Vice-chair’s remarks suggest US central bank could act more quickly to tame soaring inflation
Tesla accused of ‘rampant sexual harassment’ in new worker lawsuit – The Verge
At the Fremont, California factory where Tesla makes its electric vehicles, a female worker says sexual harassment is rampant…
Restrictive retirement rules for the rich edge closer as House passes $1.75 trillion Biden plan – CNBC
House Democrats passed the Build Back Better Act on Friday. It would require withdrawals from big accounts and eliminate “backdoor…
Here’s what to buy on Black Friday and what to leave on the shelf – CNBC
This could be a record-breaking Black Friday, but that doesn’t mean the deals won’t get even better later on.
Lucid Is Trying To Be The Normal EV Company – Jalopnik
In a new interview, Lucid’s CEO sounds very well-adjusted.
OPPD may raise your power bill; 2022 plan proposes 3.2% increase for residential customers – KETV Omaha
Due to the increased cost of materials and labor the plan outlined what would be a projected revenue deficit of nearly $26 million…
Ford Announces Partnership to Assure Steady Flow of U.S.-Made Chips – The New York Times
The automaker will team with GlobalFoundries on producing and developing semiconductors, crucial parts that have been in short…
Cramer’s advice on Lucid and Rivian: Heed lessons from the dot-com bubble and take profits – CNBC
“You’re playing momentum, not car companies and not technology, and in that case it’s better to ring the register early and often,”…