Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...

It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway ...

Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...

UnitedHealth Group (UNH) CEO Andrew Witty defended the company’s claim denial practices in a leaked video recorded after the ...

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...

General Motors' move suggests that billions in funding weren't enough in a still-developing part of the industry that has met with several setbacks and scepticism from wary drivers.

Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the ...

General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...

General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...

The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...

General Motors said on Tuesday it will no longer individually fund its Cruise autonomous robotaxi division, instead folding ...