GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...

In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...

We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...

General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...

General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...

Nvidia, S&P 500, and Nasdaq erase earlier gains as AI fears persist. Investors brace for earnings and Fed signals amid volatile market conditions.

GM expects earnings per share of about $11.50 in 2025, up from $10.60 in 2024 and better than the $10.80 Wall Street ...

President Trump and Elon Musk aren’t an exclusive item.That point was clear this week when the president welcomed OpenAI ...

A closer look at OpenAI CEO Sam Altman after President Trump announces a multi-billion dollar joint venture between Altman's company, Softbank and Oracle, and why it's already drawing the ire of ...

In the meantime, some of the attention has turned to tech companies, such as Apple, Google and Oracle, who currently ... sent Friday to Biden and Attorney General Merrick Garland, an attorney ...