Here’s how big a hit Microsoft is taking on its investment in GM’s Cruise

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s Cruise robotaxi unit back in 2021.

Topics

Here’s what to make of Trump’s promise of expedited permits for big investments

Analysts have been assessing President-elect Donald Trump’s promise — which called out environmental permits in particular — and they’re concluding that while he’s sending a clear signal, the ...
MarketWatch - 7h
GM to Shut Down Its Cruise Robotaxi Project

The company said it would now focus its efforts on developing fully autonomous vehicles for personal use.
The New York Times - 13h
GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars

The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its technology into its own vehicles’ autonomous driving features.
Inc. - 16h
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit
ABC News - 1d
How GM’s self-driving strategy is evolving as it gives up on Cruise business

General Motors has bailed on its Cruise robotaxis, citing the amount of time and money needed to scale the business and an “increasingly competitive” market for autonomous vehicles.
MarketWatch - 1d
Visiting Europe's Christmas markets? Here's how to do it — via a river cruise

A river cruise is a convenient way to explore some of the oldest and most famous Christmas markets in Europe, writes contributor Penny Sadler.
CNBC - Dec. 2

Here’s how big a hit Microsoft is taking on its investment in GM’s Cruise

Topics

Related

Here’s what to make of Trump’s promise of expedited permits for big investments

GM to Shut Down Its Cruise Robotaxi Project

GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars

GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

How GM’s self-driving strategy is evolving as it gives up on Cruise business

Visiting Europe's Christmas markets? Here's how to do it — via a river cruise

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