Latest in GM loses its golden goose in China
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Japan's Nissan reshuffles management to fix its money-losing business
Embattled Japanese automaker Nissan has tapped Jeremie Papin as its chief financial officer in a major management reshuffle billed as key to a turnaroundABC News - 11m -
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.MarketWatch - 6h -
What propelled the Nasdaq above 20,000 — plus, a few weak spots in the stock market
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 8h -
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 - 11h -
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. - 14h -
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 unitABC News - 1d -
Haslam backs Stefanski, GM; will look at all else
Although Browns owner Jimmy Haslam expressed support for Kevin Stefanski and Andrew Berry, he told ESPN that the team's struggles at quarterback are something he plans to look after the season.ESPN - 2h -
GM shuts down robotaxi project to focus on autonomous vehicles
General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully autonomous personal vehicles. Cruise, GM’s self-driving car ...The Hill - 13h -
Taiwan demands that China end its military activity in nearby waters
Taiwan has demanded that China end its ongoing military activity in nearby waters, which it said is unilaterally undermining peace and stability in the Taiwan Strait and disrupting international ...ABC News - 16h -
GM gives up on loss-making Cruise robotaxi business
STORY: General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the loss-making unit, which had once been a top priority. GM said ...Yahoo Sports - 21h -
GM exits robotaxi market, will bring Cruise operations in house
General Motors will no longer fund its Cruise division's robotaxi development, effectively pulling out of the market.CNBC - 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 -
GM to stop funding troubled Cruise autonomous vehicle unit
General Motors says it will move away from the robotaxi business and cease funding its money-losing Cruise autonomous vehicle division that originated as a San Francisco start-up.CBS News - 1d -
China opens probe into Nvidia, accusing company of violating its anti-monopoly law
China on Monday accused U.S. chipmaker Nvidia of violating its anti-monopoly law, a move likely to escalate already-tense trade relations between the two countries as President-elect Donald Trump ...NBC News - 2d -
List of Golden Globe nominees
“The Bear” and “Shogun” are among the nominees for the 82nd Golden Globes announced Monday morningABC News - 2d -
2025 Golden Globes nominations announced
Mindy Kaling and Morris Chestnut announced the nominations for the 82nd annual Golden Globes, with 10 nominees revealed live on CBS News.CBS News - 2d -
82nd annual Golden Globe nominees announced
Morris Chestnut and Mindy Kaling announced the nominations for the 82nd annual Golden Globes Monday morning. Fandango managing director Erik Davis has a look at the nominees.CBS News - 2d -
Anora or Wicked? Golden Globe nominations to be announced
The Brutalist, Conclave, Sing Sing, Emilia Pérez and Dune: Part Two could also be recognised.BBC News - 2d -
As Russia and China Rewrite Rules of War, NATO Adapts Its Game Plan
Cyber and energy security are priorities for the alliance’s new leader, as member nations share more intelligence to protect critical infrastructure.The Wall Street Journal - 3d -
The Golden State Valkyries Drafted to Win. But This Is Just the Beginning.
The W.N.B.A.’s newest team took its first steps toward building an inaugural roster knowing there would be turnover in the near future.The New York Times - 4d -
Canadiens: Rocket Loses Game and Dobes
The Montreal Canadiens' farm team the Laval Rocket had a great start in the AHL but are now back down to earth, last night, they lost both their duel with the Toronto Marlies and goaltender Jakub ...Yahoo Sports - 4d -
GM: A's sought 'statement' with Severino deal
With the A's planning to play the next three years in West Sacramento, GM David Forst said the team "wanted to make something of a statement" in signing Luis Severino to a $67 million contract.ESPN - 5d -
Chanel Takes Its Métiers d’Art Show to China, for 1,100 Guests.
The house goes all out for its V.I.C.s.The New York Times - 6d -
GM loses its golden goose in China
With a slowing market fuelling a price war between local brands, the party for foreign carmakers looks over for nowFinancial Times - 6d -
Theodore scores 2 goals in Golden Knights' 4-1 win over Anaheim, which loses Zegras to injury
Shea Theodore scored twice and William Karlsson and Alexander Holtz added goals for the Vegas Golden Knights in their 4-1 victory over the DucksABC News - 6d -
Philippines says China's coast guard fired water cannons and sideswiped its patrol vessel
Philippine officials say Chinese coast guard vessels backed by navy ships have fired powerful water cannons and blocked and sideswiped a Philippine patrol vessel at a disputed shoal in the South ...ABC News - Dec. 4 -
Powell says he's not worried about the Fed losing its independence under Trump
Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.CNBC - Dec. 4 -
GM expects more than $5 billion impact from China restructuring, including plant closures
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion in noncash charges and write-downs.CNBC - Dec. 4 -
GM takes more than $5bn charge against China businesses
Move lays bare declining future in what was once the US carmaker’s largest marketFinancial Times - Dec. 4 -
GM sounds a warning on troubled China market, becoming latest carmaker to do so
GM’s 50-50 joint venture with SAIC Motor Corp. faces ‘market challenges and competitive conditions.’MarketWatch - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.The Wall Street Journal - Dec. 4 -
Scotland's golden generation miss their golden hour
This Scotland squad often talk about what they deserve. But yet again they have not earned what they think they are due.BBC News - Dec. 3 -
GM recalls 132K pickups for tailgates that can open unexpectedly
General Motors is adding over 132,000 heavy-duty pickups in the U.S. to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park.CBS News - Dec. 3 -
China's Flood of Cheap Goods Is Angering Its Allies, Too
The deluge of inexpensive items washing over the developing world is jacking up tensions between China and the Global South, complicating Beijing’s plans to build alliances as it confronts trade ...The Wall Street Journal - Dec. 3 -
Bears sticking with GM; will lead coaching search
The Bears are sticking with general manager Ryan Poles, who will serve as the "point person" for the team's search for a new head coach.ESPN - Dec. 2
