Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...
Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the ...
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the ...
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
Cruise co-founder and former CEO Kyle Vogt had some choice words for GM on X after the company announced it was pulling out of the robotaxi venture.
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority ...
Barra said she looks forward to working with the Trump administration and expects he will listen to GM's input on regulations.
GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.