Microsoft will take an $800M hit over Cruise robotaxi shutdown
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority ...
Wall Street mostly upbeat on GM's decision to pull the plug on Cruise
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the automaker's decision to do so was still a disappointing end for an operation that GM ...
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' exit of the Cruise autonomous driving business, the tech giant ...
GM's Cruise exit turns focus on challenges of scaling robotaxis
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the ...
Axios on MSN55m
GM CEO: "We have a lot in common" with Trump
General Motors CEO Mary Barra said Wednesday the automaker is aligned with President-elect Trump's goal of boosting American manufacturing, despite tensions with him when he was first in the White ...