Latest in GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
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GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - 21h -
G.M. Will Sell Stake in EV Battery Plant to LG
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.The New York Times - 22h -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - 7h -
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Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - 7h -
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 - 22h -
What’s at stake with a second Trump presidency – in charts and maps
Conflicts around the globe and domestic policies on immigration and vaccinations are likely to face upheaval. The second Donald Trump administration is expected to have a vast impact both ...The Guardian - 8h -
Smilegate invests in GTA leader Dan Houser’s Absurd Ventures
Smilegate has made a strategic investment in Absurd Ventures, a game studio founded by Rockstar Games cofounder Dan Houser.VentureBeat - 6h -
Why finding a partner for Steph is biggest issue Warriors face
The Golden State Warriors finding a complimentary two-way option next to Steph Curry is key to saving a season that began with so much promise.Yahoo Sports - 3h -
German company caught smuggling chemical plant to Iran
Aiotec GmbH agrees $14.5mn settlement with US after disguising shipment of dismantled polypropylene facilityFinancial Times - 2h -
NBA Cup updates: Who can clinch, what's at stake
With the NBA Cup group phase wrapping up Tuesday, numerous teams are still fighting for a quarterfinal spot.ESPN - 1h -
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 - 2h -
Over-60s who live apart from partners have better wellbeing, study finds
Enjoying a romantic relationship without cohabiting, or ‘living apart, together’, found to be a popular arrangement. It’s known as living apart, together. Being in a serious relationship while ...The Guardian - 15h -
Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.CBS News - 22h -
Pakistan's Reliance on Chinese-Built Power Plants Is Strangling Its Economy
Pakistan turned to Beijing to solve a crippling energy shortage. Now, the country is crushed by debt and sky-high energy prices—and its economy is spiraling.The Wall Street Journal - 8h -
Bears president says there will be no changes at GM, Ryan Poles will be point person in coaching search
Chicago fired coach Matt Eberflus after ThanksgivingCBS Sports - 1d -
NBA Cup 2024: Here's what's at stake on the final day of group play, plus every clinch scenario
Five of the eight spots in the knockout round — three in the East, two in the West — are still up for grabs.Yahoo Sports - 23h -
Texans coach DeMeco Ryans, GM defend Azeez Al-Shaair after violent hit on Trevor Lawrence
Ryans defended the hit, blamed the Jaguars for overreacting and lauded Al-Shaair's leadershipCBS Sports - 1h -
‘I’m trying not to go bankrupt’: My husband of 24 years asked for a divorce. He wants my cell-phone records. Should I report him for tax fraud?
“I would like to keep the house because my grown children and grandchildren reside there.”MarketWatch - 57m -
Investigators found 11 children working 'dangerous' overnight shift in meat processing plant
A cleaning company has been fined $171,000 after federal investigators found 11 children working a "dangerous" overnight shift at a meat processing plant in Iowa.NBC News - 5h -
Baker Mayfield weighs in on flag planting across college football: 'You take your L and you move on'
Multiple college football games ended with flag planting this past weekendCBS Sports - 3h -
Al-Shaair’s hit on Lawrence, Eagles win battle of the birds & college football flag planting | McCoy & Van Noy
In this episode of McCoy & Van Noy, Gerald McCoy and Kyle Van Noy break down the biggest NFL stories from Week 13. They dive into Azeez Al-Shaair’s hit on Trevor Lawrence that resulted in a ...Yahoo Sports - 1h -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - 1d -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - 11h -
Real estate tycoon must pay $9 billion to avoid execution in Vietnam
A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.NBC News - 10h -
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - 8h -
AT&T plans to plow $20 billion into buybacks in signal of business turnaround
AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.MarketWatch - 3h -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - 7h -
Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.CBS News - 7h -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - 4h -
GiftShop, a New French Startup, Curates and Sells Merch From Paris
A new Parisian start-up is bringing “Zizmorcore” to France, selling modern merch for old-school establishments.The New York Times - 18h