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Uber to offer autonomous taxis in the US next year

Uber riders will have the option of choosing a Cruise autonomous vehicle once the multiyear partnership between Uber and Cruise LLC begins

Associated Press reporter Michael Liedtke gets out of a Cruise driverless taxi after a test ride in San Francisco, on Feb. 15, 2023. (Terry Chea/AP)
Published on Aug 23, 2024 07:26 PM IST
Bloomberg |

General Motors layoffs: Company cuts China jobs, to focus on electric vehicles

GM is cutting staff in Chinese market-related departments, including research and development, according to people familiar with the matter.

The reset involves a shift to producing electric vehicles, focusing on more upscale models and importing premium vehicles.(Freepik)
Published on Aug 13, 2024 08:42 AM IST
Bloomberg |

With US vehicle prices averaging near $50K, General Motors sees 2nd-quarter profits rise 15%

With US vehicle prices averaging near $50K, General Motors sees 2nd-quarter profits rise 15%

With US vehicle prices averaging near $50K, General Motors sees 2nd-quarter profits rise 15%
Published on Jul 23, 2024 04:07 PM IST
AP |

Goldman Sachs may be in talks to transfer GM credit-card partnership to Barclays

Barclays is the leading candidate to take over issuance of the credit cards, which have about $2 billion of outstanding balances, the report said.

The logo for Goldman Sachs is seen.(Reuters)
Published on Apr 30, 2024 10:21 AM IST
Reuters |

Wall Street poised to open with gains, all eyes to be on Tesla earnings report

Ahead of Tesla earnings Wall Street expected to open with gains

FILE PHOTO: FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly/File Photo/File Photo(REUTERS)
Published on Apr 23, 2024 06:44 PM IST
AP |
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