Robotaxi Business Latest

GM’s Cruise robotaxi business is latest growth initiative to falter

For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth.

NBC News - 4h

7 Tips for Business Travel This Winter

Here are some helpful tactics to make things as smooth as possible during winter business trips.

Inc. - 6h

From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter

The driverless ride-hailing service was supposed to be the shining star of GM's growth plans, leading to $50 billion in revenue by the end of this decade.

CNBC - 8h

Despite Busy Business Ventures, Ice Cube Is Making Time for Music

Ice Cube’s new album made the top 10 of Billboard’s top rap albums chart — his first in 14 years.

Inc. - 23h

Robotaxi start-up Pony.ai expects cheaper driverless cars on more roads in China in 2025

Newly listed group plans to quadruple fleet and predicts big cities will extend boundaries for self-driving services

Financial Times - 16h

Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi

Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program.

The Wall Street Journal - 3d

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 - 4d

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 - 4d

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. - 4d

Krispy Kreme is latest to report a cyberattack that’s hampering its business

Krispy Kreme Inc.’s stock fell 2% early Wednesday, after the company said a breach of its IT systems has had a material impact on its business operations and is likely to continue to do so until it ...

MarketWatch - 4d

The western myth of the ‘guy we can do business with’

Assad, Putin, Gaddafi — the free world too often gets its hopes up about despots

Financial Times - 4d

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 - 4d

General Motors pulls plug on robotaxi business

After the announcement, the project's co-founder posted on social media "GM are a bunch of dummies."

BBC News - 4d

General Motors Scraps Cruise Robotaxi Program

Carmaker cites competition, time and costs needed to scale the business.

The Wall Street Journal - 4d

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 - 4d

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 - 4d

General Motors Cuts Funding to Cruise, Nixing Its Robotaxi Plan

The automaker has sunk billions into making a self-driving car service work. Now it says it will focus on “personal” autonomous vehicles instead.

Wired - 4d

Small business optimism jumps after election: NFIB

Small business optimism jumped in November, surpassing the 50-year average for the first time in nearly three years, according to the National Federation of Independent Business (NFIB). The Small ...

The Hill - 5d

Small-Business Optimism Surges Post-Election

Following Donald Trump’s win, small-business optimism rose to a level not seen in nearly three years.

Inc. - 5d

Law firms lean into the business of prediction

Expect more lawyers to use data and generative AI to work ever closer with clients

Financial Times - 5d

The Power of Experience for Business Growth

Bring together customer, employee and user experience for long-term business growth.

Inc. - 6d

Small businesses being 'crucified' by sea border

Stormont will vote on whether NI's Brexit deal should continue to operate for another four years.

BBC News - 6d

India’s Luxury Property Market Is a Boon to Trump’s Business

The Trump Organization finds a warm welcome in India, where status-hungry home buyers clamor for a famous American brand.

The New York Times - 6d

If DOGE Treats Government Like a Business, It Could Be a Disaster

A lot of what the government does is hard to quantify and involves complicated tasks that inevitably require bureaucratic coordination and, yes, inefficiency.

The New York Times - Dec. 7

Uber will offer robotaxi rides in Abu Dhabi through partnership with WeRide

Uber said robotaxi rides will be available between Saadiyat Island and Yas Island, as well as routes to and from Zayed International Airport.

CNBC - Dec. 6

The Biggest Business Fails of 2024

What do a global IT outage, glue on pizza, and the decline of an aviation giant have in common?

Inc. - Dec. 6

We need the best of business innovation in government

Growth that does not make working people better off is pointless

Financial Times - Dec. 6

Waymo to expand to Miami, aims to launch robotaxi service there in 2026

Waymo is setting its sights on its next location: the Sunshine State.

NBC News - Dec. 5

Waymo unveils plan to bring its robotaxi service to Miami

Waymo is gearing up to bring its robotaxi service to Miami which will accelerate an expansion that’s been happening while its hobbled rivals remain in its rearview mirror

ABC News - Dec. 5

Waymo to expand to Miami, aims to launch robotaxi service there in 2026

Waymo says it's setting its sights on the Sunshine State for its next expansion.

CNBC - Dec. 5

Small Business Owners Brace for Trump’s Proposed Tariffs

While the impact of the proposed import duties will hit small businesses hard, many are awaiting their final form before calculating their own costs.

Inc. - Dec. 4

German companies in China see slump in business confidence

Yahoo News - Dec. 4

Western businesses in China hold on to hopes for Trump 2.0

Some believe the incoming US president is in a strong position to negotiate a trade deal with Beijing

Financial Times - Dec. 4

How to Turn ‘Boring’ Businesses Into Cash-Flow Machines

In ‘Main Street Millionaire,’ Codie Sanchez describes how to make money buying the types of businesses that most people ignore.

Inc. - Dec. 3

Is Enron really back in business? Here's what to know.

A new Enron website appeared on Monday to proclaim its relaunch. It's been 23 years since the energy company went up in smoke.

CBS News - Dec. 3

Carlsberg Sells Russian Baltika Breweries Business

Carlsberg agreed to sell its Russian Baltika Breweries business, ending a long-running legal dispute sparked after the Russian government seized control.

The Wall Street Journal - Dec. 3

Nicholas Hoult is a man of character — and it's keeping him busy

'What I enjoy doing is trying to disappear and not do the same thing over and over again,' says the actor with three recent releases: 'Juror #2,' 'The Order' and 'Nosferatu.'

Los Angeles Times - Dec. 3