Headlines

Laura Cavanaugh/FilmMagic



Rob Reiner’s son Nick arrested on suspicion of murder in his parents’ deaths. After legendary Hollywood director Rob Reiner and his wife, Michele Singer Reiner, were found fatally stabbed in their home on Sunday, police arrested the couple’s son Nick Reiner, 32, and the Los Angeles chief of police said yesterday that he had been “booked for murder.” As of yesterday, he was being held without bail. Nick Reiner co-wrote the 2015 film Being Charlie, which his father directed, about his struggle with drug addiction. Correction: Yesterday’s newsletter mistakenly referred to Rob Reiner by his father’s name, Carl, on first reference. Carl Reiner died of natural causes in 2020. We regret the error.

Ford expects a $19.5 billion hit from pulling back on EVs. The automaker said yesterday that its strategy shift away from electric vehicles and toward hybrids will reduce its profit in the near-term. The decision to put its EV plans into reverse means Ford will stop producing an all-electric version of its si
gnature F-150 Lightning pickup truck and will instead offer it as an extended-range EV that will include a gas-powered generator capable of recharging its battery. Ford CEO Jim Farley said the move away from EVs would ultimately “create a stronger, more resilient and more profitable Ford.” Its EV business had already cost Ford $13 billion since 2023, per the Wall Street Journal. The retreat from EVs puts US automakers out of step with Chinese competitors that are shaking up the industry by selling cheap electric models.

Zillow may be getting an Alphabet-sized competitor. There are few areas of online search that Google doesn’t dominate, but real estate listings is one of them…for now. The search giant appears to be testing displaying its own real estate listings at the top of search results, and that news sent Zillow’s stock down more than 9% yesterday, like the price of a house where they’ve just discovered cracks in the foundation. Still, analysts were quick to point out that a little (massive) competition might not be so bad for Zillow, which isn’t very dependent on organic search traffic for its pageviews.—AR

READ MORE...