CNBC – Business | Business & Commerce

Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce. [TheTopNews] Read More.

General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons. [TheTopNews] Read More.

Carvana has bought seven new vehicle franchises since last year that primarily sell Stellantis' Chrysler, Dodge, Jeep and Ram brands. [TheTopNews] Read More.

Yum Brands is selling Pizza Hut, capping off years of struggles for the pizza chain. [TheTopNews] Read More.

The health insurer Centene did not indicate how many employees it offered buyouts to, or how much it is aiming to reduce its workforce. [TheTopNews] Read More.