CNBC Top News

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• Rivian CEO says new R2 SUV, autonomy make 2027 an ‘inflection year’ as EV maker marks five years since IPO

  Rivian CEO RJ Scaringe says 2027 will be an “inflection year” as the EV maker scales R2 and invests in autonomy.

• How GM is trying to talk used car shoppers into buying new vehicles

  Automakers say that substantial shares of the customers walking into a dealership looking for certified used cars end up buying new. Here's how it works.

• Skydance outlines its $6 billion in planned cost savings. Here's the breakdown

  The updates came alongside a third-quarter earnings report for the legacy Paramount Skydance.

• Lucid misses Wall Street’s earnings expectations, expands loan from Saudi Arabia fund

  The quarterly results are the first since Lucid CEO Silvio Napoli, who started leading the company in June, announced a restructuring plan.

• Children’s Place files for bankruptcy protection, seeks buyer

  The Children's Place has filed for chapter 11 bankruptcy protection and is seeking bids from potential new owners by Dec. 9.

• PepsiCo to cut about 1,000 jobs as North American business struggles

  PepsiCo plans to cut about 1,000 jobs across North America as it streamlines operations and works to revive sales in its home market.

• Boeing to cut 5% of commercial airplane workers as production increase takes longer than expected

  Boeing has been working to stabilize production rates of its bestselling 737 Max planes, which are made outside of Seattle.

• Goldman CEO Solomon says AI financing remains strong despite market jitters

  Goldman CEO David Solomon says investor appetite for AI infrastructure remains strong despite a reset in AI stocks and political uncertainty around data centers.

• Honda to invest $3 billion in new vehicle assembly plant in Ohio

  The Japanese automaker said the plant will focus on hybrid vehicles and is expected to begin production in 2029.

• Goodyear Tire CEO Mark Stewart steps down as company continues turnaround plan

  Goodyear Tire & Rubber appointed board member Roger Wood interim CEO and president, replacing Mark Stewart as the tire maker continues its turnaround plan.