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Published on 13:41 GMT

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

A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy …

Source: CNBC - Neutral
Published on Dec 13, 2024

Opinion: GM’s Cruise Exit Highlights AVs’ Level of Difficulty

(TNS) — Supremacy in the race to self-drive an electrified auto industry is harder than the masters of Detroit and Silicon Valley figured, proving that what players do is far more important than what they say. General Motors Co. showed as much this week …

Source: Government Technology - Neutral
Published on Dec 13, 2024

If You Invested $10K in Apple 44 Years Ago, Here’s What You’d Have Now

Apple‘s (AAPL) initial public offering (IPO) on December 12, 1980, was a landmark event, marking it as the largest IPO since Ford Motor Company (F) went public in 1956. The hype around Apple’s market debut was justified as the company has since ascended to …

Source: Wall Street Pit - Label Pending
Published on Dec 13, 2024

Tesla (TSLA) Will Weather the Trump Storm and Be Stronger for It

Investing 24/7 Wall St This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. Key Points: Eliminating EV tax incentives could help Tesla Inc. ( …

Source: 24/7 Wall St. - Neutral
Published on Dec 13, 2024

Apple went public 44 years ago—what your $10,000 investment would be worth today

Apple’s initial public offering was a once in a generation event. When the computer company from Cupertino, California, began trading on the Nasdaq on Dec. 12, 1980, it was the biggest IPO since the Ford Motor Company went public in 1956. As The Wall …

Source: Yahoo Finance - Label Pending
Published on Dec 11, 2024

General Motors pulls plug on Cruise, its self-driving robotaxi company

General Motors announced on Tuesday it will end robotaxi development at its money-losing Cruise business, a blow to the ambitions of the largest US automaker to advance the technology. GM said it would no longer fund work on self-driving robotaxis “given …

Source: The Guardian - Center-left
Published on Dec 11, 2024

GM to quit robotaxi business and stop funding its Cruise autonomous vehicle unit

General Motors is quitting its robotaxi business ( Image: Copyright 2019 The Associated Press. All rights reserved) General Motors announced this week that it will withdraw from the robotaxi business and cease funding for its loss-making Cruise autonomous …

Source: Daily Mirror - Left-wing
Published on Dec 10, 2024

General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous ...

DETROIT (AP) — General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead the Detroit automaker will focus on development of partially automated driver-assist systems for …

Source: Associated Press - Neutral
Published on Dec 12, 2024

GM Puts the Brakes on Cruise, Turns to Autonomous Tech

(TNS) — General Motors Co.'s move Tuesday to halt funding for its Cruise LLC robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multi-billion-dollar business. But experts say bowing out is the right choice for …

Source: Government Technology - Neutral
Published on Dec 11, 2024

Inventory management key amid EV uncertainty, affordability woes, experts say

As new vehicle inventories in the U.S. stabilize near a targeted average supply of 60-80 days, automakers must ensure their product mix meets consumer demand, experts told Automotive Dive. That could prove difficult amid uncertainty over federal support …

Source: Automotive Dive - Label Pending
Published on Dec 11, 2024

General Motors abandons driverless taxi project

One of America’s largest car manufacturers is set to abandon its plans to develop a driverless taxi after the programme was marred by an accident last year. General Motors (GM) had made the new technology a priority, pouring more than $10 billion into its …

Source: The Times - Center-right
Published on Dec 11, 2024

GM to exit loss-making Cruise robotaxi business

General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow to the ambitions of the largest U.S. automaker which had made the advanced technology unit a top priority.The Detroit-based car …

Source: The Indian Express - Center-left
Published on Dec 11, 2024

GM pulling plug on robotaxis and Cruise autonomous vehicle unit

By Tom Krisher | The Associated Press General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead, the Detroit automaker will focus on development of partially automated …

Source: Whittier Daily News - California - Neutral
Published on Dec 11, 2024

Cool regional columns from the 1950s

There was a time when there were no cell phones, internet or social media, which make communication so easy today. There were telephones (we call them landlines today), and each house had one phone number and one phone that everyone used. Long distance …

Source: The Armenian Weekly - Massachusetts - Center-left
Published on Nov 7, 2024

Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half

Nissan Motor said Thursday that it was planning deep cuts to its global operations as it seeks to reorient its business and recover ground lost in the growing markets for hybrid and electric vehicles in China and the United States. The Japanese automaker …

Source: The New York Times - Neutral

17 days 11:55:41

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Published on December 15, 2024 - 20:39 GMT

Joint Stock Company Kaspi.kz Announcement: If You Have Suffered Losses in Joint Stock Company Kaspi.kz (NASDAQ: KSPI), ...

NEW YORK, Dec. 15, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Joint Stock Company Kaspi.kz (NASDAQ: KSPI) resulting from allegations …

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Published on December 15, 2024 - 18:32 GMT

Western Asset Mutual Fund Investors That Suffered Losses Are Encouraged to Contact The Rosen Law Firm About Ongoing ...

NEW YORK, Dec. 15, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of Western Asset Management Company mutual fund investors resulting from allegations that …

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Published on December 15, 2024 - 18:13 GMT

PA Home Solutions Earns Recognition as a Leading "Sell My House Fast" Company in Pennsylvania

PA Home Solutions simplifies home sales with reliable, tailored solutions, earning trust across Pennsylvania's fast-paced real estate market. LANCASTER, PA, UNITED STATES, December 15, 2024 /⁨EINPresswire.com⁩/ -- Pennsylvania’s dynamic real …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 15, 2024 - 17:24 GMT

Stuck in the Middle with ESG: What Companies Can Expect in 2025 & Beyond

After a much-anticipated election cycle in the U.S., Republicans will take over the White House and control both chambers of Congress. This shift in power will significantly impact ESG initiatives. While it is too early to determine precisely what those …

Distribution channels: Education

Published on December 14, 2024 - 15:09 GMT

Ten Six Hundred by Kaizentopia Company Limited Wins Iron A'Design Award in Landscape Planning and Garden Design Category

Kaizentopia Company Limited's Riverside Boutique Hotel Recognized for Excellence in Landscape Design by Esteemed International Jury COMO, CO, ITALY, December 14, 2024 /⁨EINPresswire.com⁩/ -- The A' Design Award, one of the world's most …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on December 15, 2024 - 19:30 GMT

Global Chiplets Market Set to Achieve Staggering Growth, projected to Reach USD 555,019.19 Million by 2034

Chiplets market is rapidly growing as companies adopt modular, cost-effective solutions for semiconductor design and manufacturing. WILMINGTON, DE, UNITED STATES, December 16, 2024 /⁨EINPresswire.com⁩/ -- The global Chiplets Market is poised for …

Distribution channels: Electronics Industry ...
Published on December 15, 2024 - 18:45 GMT

Pharming announces public cash offer to the shareholders of Abliva AB

Proposed acquisition strengthens Pharming’s late-stage pipeline with a potential first-in-disease asset Abliva’s lead product KL1333 is currently in a pivotal clinical trial, with a positive interim analysis achieved, in mitochondrial DNA-driven primary …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on December 13, 2024 - 22:00 GMT

XCHG Limited Reports Second Quarter 2024 Unaudited Financial Results

HAMBURG, Germany, Dec. 13, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced its unaudited financial results for the three months ended June 30, 2024. …

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This is a listing of the world’s TV stations, radio stations, newspapers, and blogs. Last update: 11/19/2024

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Published on December 15, 2024 - 14:56 GMT

Jason Shaffer Group Expands Their SEO Services into Tampa, Arlington, Alexandria, and Durham Markets

Jason Shaffer Group Expands to Tampa, Arlington, Alexandria, and Durham, Empowering Businesses with Strategic SEO Solutions TAMPA, FL, UNITED STATES, December 15, 2024 /⁨EINPresswire.com⁩/ -- Jason Shaffer Group, renowned for its SEO expertise and …

Distribution channels: Business & Economy, Companies ...
Published on December 15, 2024 - 18:45 GMT

Pharming announces public cash offer to the shareholders of Abliva AB

Proposed acquisition strengthens Pharming’s late-stage pipeline with a potential first-in-disease asset Abliva’s lead product KL1333 is currently in a pivotal clinical trial, with a positive interim analysis achieved, in mitochondrial DNA-driven primary …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on December 15, 2024 - 08:49 GMT

Tomarket Partners with Aptos Foundation to Launch $TOMA and Build Future Products on Aptos

VICTORIA, Seychelles, Dec. 15, 2024 (GLOBE NEWSWIRE) -- Tomarket, an innovative Telegram mini-app bridging Web2 and Web3, has launched on the Aptos—a secure, scalable and feature-rich Layer-1 blockchain. Combining Tomarket’s large user base with Aptos’s …

Distribution channels: Companies, IT Industry ...
Published on December 14, 2024 - 15:18 GMT

Middle East Energy Powers Up with New Features, Product Sectors, and Industry Conferences

DUBAI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The expanded 2025 edition of Middle East Energy, the region’s leading energy exhibition bringing together the leading lights of the industry, will feature a host of new shows, …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:17 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:15 GMT

eMobility Forum at World Future Energy Summit 2025 in Abu Dhabi Will Help Drive Global Decarbonisation Goals

ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As part of global efforts to decarbonise the transport sector, the upcoming World Future Energy Summit in Abu Dhabi will explore, examine, and encourage the use …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 15:00 GMT

Bank Al Yousr Crowned Leader in Islamic Corporate Banking Excellence in Morocco by the Global Brand Frontier Awards 2024

Bank Al Yousr Wins Prestigious “Excellence in Islamic Corporate Banking – Morocco, 2024” from the Global Brand Frontier Awards by Boston Brand Research & Media. BOSTON, MA, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- Bank Al Yousr …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 14, 2024 - 14:53 GMT

Talentuch Hosted an HR Webinar with Jon Wolheim on How to Build an Effective Recruitment Team

An international recruitment agency shared expert tips and strategies for building a recruitment department from scratch on a budget. CHICAGO, IL, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- Talentuch, a talent acquisition agency and …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 14:50 GMT

Soland Empowers Investors with Comprehensive Support for Spain Golden Visa Acquisition

Spain’s Golden Visa offers investors a gateway to Europe with residency, business opportunities, and an exceptional quality of life. DUBAI, DUBAI, UNITED ARAB EMIRATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- Spain’s Golden Visa program stands …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 14, 2024 - 14:45 GMT

Beyond Ride Bridges the Gap Between Families and Trusted Assisted Living Facilities in Tacoma

As the population of seniors continues to grow, the need for quality assisted living facilities becomes increasingly important. TACOMA, WA, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- As the population of seniors continues to grow, …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 14:00 GMT

BRASI Redefines Supply Chain Education with Industry-Relevant Innovations

Empowering supply chain leaders with innovative education, practical insights, and global expertise to master tomorrow’s challenges today. STROUDSBURG, PA, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- In an era where supply chain …

Distribution channels: Business & Economy, Companies ...
Published on December 14, 2024 - 10:00 GMT

Charles Spinelli and E3 HR Inc. Announce Strategic Partnership with Advance Partners

E3 HR Inc. partners with Advance Partners to empower staffing firms with innovative HR, risk, and funding solutions, driving growth and employee well-being. SUMMIT, NJ, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- E3 HR Inc., a trusted …

Distribution channels: Companies ...
Published on December 14, 2024 - 00:57 GMT

Champagne Gifts Gain Popularity For Celebrating The Christmas

Bring Holiday Cheer with splendid Champagne Gifts for Christmas Celebrations VIENNA, VA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- As the festive season approaches, the tradition of exchanging meaningful gifts is taking center stage …

Distribution channels: Companies, Food & Beverage Industry ...
Published on December 13, 2024 - 23:02 GMT

CloudDefense.AI CEO Anshu shares Strategies for Securing Businesses in Complex Cloud Environments

PALO ALTO, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- CloudDefense.AI continues to lead the conversation on cloud security with valuable insights from its CEO, Anshu Bansal, who was recently featured in Forbes. In his latest …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 13, 2024 - 22:54 GMT

Edmond Lakefront Property at 505 Bridgeview Place Offers Unique Work-from-Home and Lifestyle Opportunity

Experience unmatched lake views and work-from-home comfort at 505 Bridgeview Place. EDMOND, OK, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- OKC Metro Group is excited to announce the listing of an exceptional lakefront property at 505 …

Distribution channels: Companies, Culture, Society & Lifestyle ...
Published on December 13, 2024 - 22:30 GMT

Drip Shop Live Unveils Three-Day Collectibles Event Streaming from GameStop

Live from GameStop Drip Shop Live's shopping event, featuring PSA giveaways every 30 minutes, 1000 pack breaks, and $1 auctions CLEVELAND, OH, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The three-day event at GameStop in …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 13, 2024 - 22:03 GMT

SEAPEAK LLC DECLARES DISTRIBUTIONS ON SERIES A AND B PREFERRED UNITS

HAMILTON, BERMUDA, December 13, 2024 /⁨EINPresswire.com⁩/ -- Seapeak LLC (Seapeak or the Company) has declared cash distributions of $0.5625 per unit on the Company’s Series A preferred units (NYSE:SEAL PR A) and $0.5313 per unit on the Company’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 13, 2024 - 20:31 GMT

Samson Media’s Introduces Lead-Generating Websites for Franchise Broker Consultants

MONTCLAIR, NJ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Samson Media, a leader in digital marketing and web design, is transforming the way franchise consultants attract and engage prospective franchisees. The company is setting a …

Distribution channels: Business & Economy, Companies ...
Published on December 13, 2024 - 20:20 GMT

Changes Ahead in the Master Group Health Environment for PEOs

Level-Funded Health Plans Gain Ground as PEOs Rethink Master Group Health Strategies TAMPA, FL, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The world of Professional Employer Organizations (PEOs) is no stranger to evolution, and the …

Distribution channels: Business & Economy, Companies ...
Published on December 13, 2024 - 19:42 GMT

KnowVisory Global’s Expert Bookkeeping Services Help US Businesses Stay Financially Sharp and Focused on Growth

WYLIE, TX, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Managing finances is one of the most critical, yet often overlooked, aspects of running a successful business. KnowVisory Global, a leading US firm specializing in finance and …

Distribution channels: Business & Economy, Companies ...