Latest in Gm Loses
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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 - 9h -
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 - 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 -
Phoenix takes on Utah on 3-game losing streak
Phoenix Suns (12-11, 10th in the Western Conference) vs. Utah Jazz (5-18, 14th in the Western Conference)Yahoo Sports - 38m -
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 - 5h -
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 - 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 - 1d -
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 -
Yankees GM Brian Cashman defends Hal Steinbrenner after Juan Soto signs with Mets: 'Went above and beyond'
Soto is headed across New York on a 15-year, $765 million contractCBS Sports - 2d -
Rupert Murdoch loses bid to change family trust
Billionaire business mogul Rupert Murdoch lost a bid this week to change a family trust to consolidate control of his media company around his eldest son Lachlan. A Nevada commissioner ruled ...The Hill - 2d -
MLB free agency: Yankees agree to reported 8-year, $218 million deal with Max Fried, Blue Jays acquiring Andrés Giménez
Stay up to date with the latest from the baseball hot stove.Yahoo Sports - 3d -
Giants lose as plane flies 'dumpster fire' banner
A plane with a banner imploring Giants ownership to get it together flew over MetLife Stadium on Sunday before New York lost its eighth straight game.ESPN - 3d -
Jets lament losing 'gene' after latest collapse
The Jets are still searching for winning DNA after an OT loss to Miami eliminated them from playoff contention for the 14th straight season.ESPN - 3d -
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 -
A's GM David Forst says the team wanted to make a statement with Luis Severino's contract
Athletics general manager David Forst says the team wanted to make a statement going into its new homeABC News - 5d -
TikTok set to be banned in the US after losing appeal
The app - which faces being banned in a matter of weeks - says it will now take its case to the Supreme Court.BBC News - 5d -
Spotify Wrapped, TikTok—Maybe the Algorithms Are Losing Touch
Once an internet cause célèbre, this year lots of folks turned cold on Spotify Wrapped. TikTok’s year in review also felt unsurprising. Maybe our platforms know less about us than we think.Wired - 5d -
Already-thin Packers lose S Williams (concussion)
The Packers, who were down two members of the secondary going into Thursday night, lost safety Evan Williams in the first half of their defeat against the Lions.ESPN - 6d -
Pep: Sigh of relief to break City's losing 'routine'
Pep Guardiola celebrated the end of Manchester City's seven-game winless run with a much needed 3-0 victory over Nottingham Forest.ESPN - 6d -
Cowboys lose OL Martin for season due to ankle
Cowboys All-Pro guard Zack Martin will undergo season-ending surgery on his right ankle, coach Mike McCarthy confirmed Thursday.ESPN - 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 -
England lose to South Africa in ODI series opener
England fall to a six-wicket defeat by South Africa in the opening one-day international after Laura Wolvaardt's unbeaten half-century.BBC News - 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 -
Valkyries expansion draft: Rival WNBA GMs share insight into how the other 12 teams are handling the process
The Golden State Valkyries expansion draft will take place Friday at 6:30 p.m. ETCBS Sports - Dec. 3 -
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 - 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 -
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 - Dec. 2 -
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 -
Appalachian State fires Clark after losing season
Appalachian State, after its first losing season since 2013, has fired football coach Shawn Clark, who went 40-24 in his five seasons with the Mountaineers.ESPN - Dec. 2 -
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 - Dec. 2 -
What will happen if France’s government loses no-confidence vote?
Decision to push through budget has led to censure motions from left and far-right that could trigger fresh political crisis. French government faces no-confidence vote on Wednesday . France’s ...The Guardian - Dec. 2