Latest in Taking Investment Gm’s
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Chinese entrepreneur sued for fraud invests $30 million in Trump crypto venture
A $30 million investment in Donald Trump's new crypto venture made by a Chinese billionaire accused of fraud by the SEC is sparking concerns from government watchdogs.ABC News - 5d -
OpenAI seeks to unlock investment by ditching ‘AGI’ clause with Microsoft
Start-up discusses removing provision to protect powerful technology from being misused for commercial purposesFinancial Times - 5d -
Eli Lilly invests $3B to expand Wisconsin factory to help meet demand for Mounjaro, Zepbound
Eli Lilly is spending another $3 billion to bulk up manufacturing as the drugmaker seeks to stoke production of some blockbuster drugs and future productsABC News - 6d -
These tips for investing in mutual funds and ETFs help you ride a year-end rally
Bitcoin, small-caps, gold in focus, and the stock market looks for holiday cheer.MarketWatch - 6d -
Bitcoin vs. 1-ounce gold bars: What's the better investment for 2025?
Both gold and Bitcoin could be investments that pay off next year, but one may be a smarter bet than the other.CBS 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 -
Friedkins ready to invest in January: Ranieri compiles list of desired targets
Dan and Ryan Friedkin have extended their full support to Claudio Ranieri.The American owners seem to have realized their mistakes and are more than willing to back Ranieri all the way.As reported ...Yahoo Sports - Dec. 5 -
Lumina invests $2M in Fortnite UGC studio Creator Corp
Creator Corp announced a $2M investment from Lumina, which it plans to use build out it portfolio of UEFN games.VentureBeat - Dec. 4 -
5 reasons to invest in 1-ounce gold bars before 2025
It could make a lot of sense to add 1-ounce gold bars to your portfolio before the new year. Here's why.CBS 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 -
Biden heading back to U.S. from Angola after highlighting American investments
President Biden has wrapped up his historic trip to Angola after touring a port on Wednesday where the U.S. has invested billions. CBS News White House reporter Willie James Inman has more.CBS News - Dec. 4 -
Why physical gold remains a smart investment, according to experts
Physical gold such as bars and coins offers advantages even as markets shift. Here's why.CBS News - 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 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4 -
Bundesbank chief calls for softer debt brake to increase investment
German central bank president Joachim Nagel urges Berlin to relax rules to address defence and infrastructure shortfallsFinancial Times - 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 -
How a gold investment could boost your portfolio in 2025
Gold can be a valuable asset to add to your portfolio ahead of the new year. Here's why.CBS News - Dec. 3 -
Sovereign investment dispute resolution is broken
(for everyone except the lawyers, naturally)Financial Times - 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 -
4 life and investing lessons from NYSE icon Art Cashin, dead at 83
The man known as the dean of the New York Stock Exchange has left the building for the last time, but investors still have the benefit of decades worth of his accumulated wisdom, which he shared in ...MarketWatch - Dec. 3 -
Lawmakers in Georgia's separatist region of Abkhazia reject encouraging Russian investment
Lawmakers in Georgia’s breakaway province of Abkhazia on Tuesday rejected a bill offering privileges to Russian investors that sparked days of unrest and forced the regional leader to step downABC News - Dec. 3 -
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 - Dec. 3 -
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 - Dec. 3 -
In Angola, Biden plans to tout US investments and visit a slavery museum
Joe Biden is using the first visit to Angola by a U.S. president to promote Washington’s investments in the sub-Sahara African nation and to see a slavery museum where he’ll acknowledge the ...ABC News - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
Investors call for reform of Scotland’s ‘stamp duty’ to boost investment
Asset managers call for removal of ‘disincentive’ to property spending north of the borderFinancial Times - Dec. 3 -
Trump picks investment banker Warren Stephens as UK ambassador
The billionaire donated millions to President-elect Donald Trump’s re-election campaign this year.BBC News - Dec. 3 -
Trump Picks Warren Stephens, Billionaire Investment Banker, for U.K. Ambassador
Warren Stephens, an investment banker, gave $2 million in 2016 to a group aiming to block Donald J. Trump’s political rise. More recently, he backed Asa Hutchinson, Chris Christie, Mike Pence and ...The New York Times - 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 -
Trump taps investment banker Warren Stephens for UK ambassador
President-elect Trump announced on Monday that investment banker Warren Stephens would serve as U.S. ambassador to the United Kingdom. “Warren has always dreamed of serving the United States full ...The Hill - 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 -
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
