Latest in Gm Expects Than
Sort by
236 items
-
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 -
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 -
Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - 14h -
TUI Shares Slip on Slower Growth Expectations
The travel operator guided for a lower rate of growth in the current fiscal year, despite posting a jump in profit for fiscal 2024 on strong demand.The Wall Street Journal - 17h -
China’s Critical Minerals Embargo Is Even Tougher Than Expected
Beijing ordered companies around the world not to allow critical minerals mined in China to reach the U.S., while deepening its efforts to replace imports with domestic products.The New York Times - 2d -
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 -
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 -
SiriusXM Expects Revenue to Decline in 2025
SiriusXM expects to bring in less revenue next year than in 2024, according to the company’s latest guidance.The Wall Street Journal - 1d -
EV batteries may last much longer than expected: Study
The shelf-life of electric vehicle (EV) batteries may be as much as 40 percent greater than previously assumed, a new study has found. Stanford University scientists uncovered this possibility by ...The Hill - 2d -
Report: Giants expected to be ‘significant players' for Sasaki
The San Francisco Giants reportedly are expected to be "significant players" for coveted international amateur pitcher Roki Sasaki.Yahoo Sports - 3d -
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 -
Amorim forced to Man Utd 'manage expectations'
Ruben Amorim has said he is having to "manage expectations" after suffering his first defeat as Manchester United head coach.ESPN - 5d -
U.S. adds 227K jobs in November, beating expectations
Friday morning's jobs report from the Labor Department shows the U.S. beat expectations and added 227,000 jobs in November while unemployment ticked up slightly to 4.2%. CBS News MoneyWatch ...CBS News - 5d -
Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise 214,000 in November, according to the Dow Jones consensus forecast.CNBC - 5d -
A rebound is expected after the previous month’s disruptions.
The resolution of the Boeing strike, and recovery from storms in the Southeast, are predicted to produce a gain in monthly payroll data.The New York Times - 5d -
Dynasty Fantasy Football Tight End Rankings: Brock Bowers even better, and more valuable, than expected
Updated tight end rankings for Dynasty leaguesCBS Sports - 6d -
Why has it been even hotter than expected recently? Research points to diminishing cloud cover
Temperatures have risen far higher over the past two years than scientists expected. A study offers a possible reason why: Cloud cover has decreased.NBC News - 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 -
GOP greets DOGE with excitement but expects 'friction'
Capitol Hill Republicans are clamoring to get in on the "DOGE" action after President-elect Trump put Elon Musk and Vivek Ramaswamy in charge of his administration’s “Department of Government ...The Hill - 6d -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Kirk Cousins returns to Minnesota: Falcons QB playing for even more than expected against former team
This Week 14 homecoming is critical to Cousins for unexpected reasonsCBS Sports - 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 -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - 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 -
JetBlue Reports More Post-Election Travel Than Expected
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.The Wall Street Journal - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
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 -
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 -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - Dec. 2
