The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s goal of having zero-emission vehicles make up half of all new US sales by 2030.

Rivian is battling a class-action securities fraud case in California tied to its much-hyped initial public offering three years ago.

Donald Trump’s transition team has signed a long-awaited agreement with President Joe Biden’s administration to begin the formal process of bringing the president-elect’s nominees into federal government agencies.

Medicare and Medicaid would be required to cover weight loss drug prescriptions for millions of obese Americans under plans announced by the Biden administration Tuesday.

The Biden administration is proposing a rule that would require the US government to cover weight-loss drugs, potentially expanding access for millions of Americans with obesity and creating a huge new medical bill for President-elect Donald Trump.