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From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter

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A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023.David Paul Morris | Bloomberg | Getty ImagesDETROIT — For years,...
Bussiness

Stellantis CEO Carlos Tavares lost control of the automaker with ‘arrogant’ mistakes, sources say

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Carlos Tavares, Chief Executive Officer of Stellantis, attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024. Benoit...
Bussiness

Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street’s third-quarter expectations

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Ford and Lincoln vehicles are displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty ImagesDETROIT —...
Bussiness

Tesla shares jump 10% on profit beat as company benefits from environmental credits

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Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024Source: Tesla...
Bussiness

Dow posts back-to-back loss Tuesday as Wall Street’s rally pauses: Live updates

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Traders work on the floor of the New York Stock Exchange on Oct. 22, 2024.Spencer Platt | Getty ImagesThe S&P 500 and the Dow...
Bussiness

10 things to watch in the stock market Monday: Getting ready for big earnings coming

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Top 10 things to watch Monday, Sept. 23 1. Stocks are looking slightly higher Monday. It's big week of earnings with Micron , Jefferies...
Jobs

Waymo says it has doubled its weekly paid robotaxi trips to 100,000 since May

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A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty ImagesWaymo is now...
Bussiness

GM lays off more than 1,000 salaried software and services employees

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A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. - General Motors will create 4,000 new jobs...
Bussiness

How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

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Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11.Courtesy: Natasha CraftWhen...

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