Investing

Bitcoin fell Friday after the release of a strong U.S. jobs report for September. Bitcoin stood at $27,435, down 1% over the last 24 hours. The largest cryptocurrency was swept up in a risk-asset selloff as markets moved to price in higher-for-longer interest rates after the U.S. economy created more…

Rivian Automotive RIVN, +3.56% priced $1.5 billion in green convertible senior notes on Thursday at about $23.29 per share of common stock. The Irvine, Calif.-based electric-vehicle maker said the notes will accrue interest at a rate of 3.625% and are due in 2030. The company expects net proceeds of about…

Call it the long goodbye, fast food-style. McDonald’s MCD, -1.59% is planning to bring back its beloved McRib sandwich, just one year after giving the porky treat a “farewell tour.” The menu item is set to return next month, according to the company. “While it won’t be available nationwide, some…

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