Join SyncTopic today. Our First 10,000 members will receive an exclusive Founders Badge to display on their profile. Hurry, this opportunity won't last long.
Article Summary
- The Biden administration has approved a $6.6 billion loan to Rivian, a struggling electric vehicle maker.
- This loan is seen as a boost to Rivian's competition against Tesla in the EV market.
- Rivian plans to use the loan to expand its production capacity and develop new models.
- The loan is part of the Biden administration's efforts to support the growth of the electric vehicle industry in the United States.
- The loan has sparked debate and criticism from some who question the government's role in supporting specific companies. Tone: Neutral
Article Summary Powered By SYNCTOPIC AI
Lame-duck Biden Administration Loans $6.6B To Struggling Tesla Rival Rivian
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price tanked since then.
https://nypost.com/2024/11/27/business/biden-admin...
nypost.com
Open
Comments
Leave a comment...
Leave the first comment
Get the conversation started and share what you think about this story. Check below for more articles related to 'Joe Biden'.
Related Articles
Is Trump Boxing Biden In On Ukraine? | Opinion
The question everybody from Washington to Warsaw is asking is how Donald Trump plans on managing the war in Ukraine.
https://www.newsweek.com/trump-boxing-biden-ukrain...
Biden Admin Calls On Ukraine To Lower Draft Age To Boost Military Ranks
Since Russia's February 2022 invasion, the White House has provided over $56 billion in security assistance to Ukraine.
https://www.newsweek.com/russia-ukraine-war-biden-...
White House Pressing Ukraine To Draft 18-year-olds So They Have Enough Troops To Battle Russia
Bidens administration is urging Ukraine to quickly increase the size of its military by drafting more troops.
https://www.courant.com/2024/11/27/us-ukraine-draf...
DAVID BLACKMON: A Trump Effort To Revive Keystone XL Would Likely Be Purely Symbolic
'It was bad enough that Biden took that action'
https://dailycaller.com/2024/11/27/opinion-trump-e...
HART: My Annual List Of Things Im Thankful For
Joe Biden pardoned two Thanksgiving turkeys
https://dailycaller.com/2024/11/27/hart-annual-lis...
New York Times Editorial Board Urges Senate To Confirm 'as Many Judges As Possible' Ahead Of Trump's Second Term
The New York Times editorial board is urging the Senate to confirm as many judges as possible prior to President-elect Trumps second term. Its so important that President Biden and Senate Democrats confirm as many judges as possible to the federal bench in the weeks before Republicans assume control of the Senate," the board wrote...
https://thehill.com/homenews/senate/5012456-new-yo...
Biden Blocks New Coal Mining At Major Federal Hub
The Biden administration is blocking new coal mining on public lands at a major hub for the fossil fuel. Last week and this week, it released two decisions on the future of mining in the Powder River Basin, which produces 43 percent of the nations coal. The basin includes portions of Wyoming and Montana. It...
https://thehill.com/policy/energy-environment/5012...
Kamala Harris' Aides Answer Shots That She Stuck With Biden And Skirted Interviews
Vice President Kamala Harris' aides are reacting to two issues that might've hurt her campaign: how she didn't want to distance herself from President Biden and dodged interviews.
https://www.washingtontimes.com/news/2024/nov/27/k...
Biden To Leave Trump With Billions For Ukraine Weapons
American officials are acknowledging that the U.S. wont be able to spend all of the money authorized to transfer arms to Kyiv by Jan. 20.
https://www.wsj.com/articles/biden-to-leave-trump-...
Bidens Public Lands Director To Lead Prominent Environmental Group
https://montanafreepress.org/2024/11/27/bidens-pub...
With All Eyes On Trump, Bidens Bubble Gathered For One Last Swanky, Insulated Sendoff
With All Eyes On Trump, Biden's Bubble Gathered For One Last Swanky, Insulated Sendoff
https://dailycaller.com/2024/11/27/joe-jill-biden-...
Orioles Owner Lends Nantucket Home To Biden For Thanksgiving
President Joe Biden is staying at the Nantucket home of Orioles owner David Rubenstein for the Thanksgiving holiday.
https://www.baltimoresun.com/2024/11/27/president-...
White House Pressing Ukraine To Draft 18-year-old Men To Help Fill Manpower Needs To Battle Russia
WASHINGTON (AP) President Joe Biden’s administration is urging Ukraine to quickly increase the size of its military by drafting more troops and revamping its mobilization laws to allow for the conscription of troops as young as 18.A senior Biden administration official, who spoke on the condition of anonymity to discuss the private consultations, said Wednesday that the out...
https://kstp.com/associated-press/ap-us-internatio...
'Stakes Are High': Experts Fear Trump Plan Could Lead To More Fentanyl In The U.S.
President Joe Biden's administration has been quietly working with Chinese officials to help stop the flow of fentanyl into the United States. Now, Donald Trump is putting it at risk over his promise of tariffs on China, according to so...
https://www.rawstory.com/trump-tariffs-2670150949/
Bidens Green Tech Loan Office Potentially Prone To Waste And Abuse, Internal Watchdog Says
'All of these risks compound one another'
https://dailycaller.com/2024/11/27/bidens-green-te...
EXCLUSIVE: GOP Reps To Grill Top Biden Officials On Natural Gas Exports Pause
'Officials may have obstructed the investigation'
https://dailycaller.com/2024/11/27/gop-reps-to-gri...
Biden Proposes Guardrails On Health Care AI, Upping Weight-loss Drug Access
The future of the proposals is uncertain as Trump admin comes to office.
https://arstechnica.com/health/2024/11/biden-propo...
Biased AI In Health Care Faces Crackdown In Sweeping Biden Admin Proposals
The future of the proposals is uncertain as Trump admin comes to office.
https://arstechnica.com/health/2024/11/biden-propo...
Biden Administration Urging Ukraine To Lower Draft Age To 18 From 25 To Meet Manpower Needs To Stay In Fight With Russia
WASHINGTOJN (AP) Biden administration urging Ukraine to lower draft age to 18 from 25 to meet manpower needs to stay in fight with Russia.Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
https://kstp.com/associated-press/ap-us-internatio...
China Releases Three US Citizens In Final Days Of Biden Term: White House
US says Mark Swidan, Kai Li and John Leung were wrongfully detained and are returning home.
https://www.aljazeera.com/news/2024/11/27/china-re...
