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Exclusive: GM’s new Cruise leader admits ‘all-time low’ amid safety review

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco, where it conducts most of its testing, in California, U.S., September 26, 2018. REUTERS/Heather Somerville//File Photo License Acquisition rights Dec 5 (Reuters) – General Motors’ Cruise autonomous vehicle unit has hit an “all-time low”, its …

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Artists take another shot at Stability, Midjourney in updated copyright lawsuit

AI (artificial intelligence) letters and a thumbnail of a robot hand in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights The judge found flaws in some of the artists’ arguments in the proposed class action Amended complaint adds new artist plaintiffs, allegations Nov 30 (Reuters) – A group of visual artists …

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Pioneer Elon Musk is pushing a worldly new frontier

Elon Musk, CEO of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 16, 2023. REUTERS/ Gonzalo Fuentes/File Photo License Rights Acquired November 30 (Reuters) – (Please note the coarse language in …

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The Dow rises to its highest close of the year, surpassing the hit month

The New York Stock Exchange (NYSE) in New York, U.S., February 24, 2022. REUTERS/Caitlin Ochs/File Photo License Rights Acquired PCE: inflation, consumer spending cooled in October Salesforce jumps as earnings forecast rises Ford collapses in cost estimate of labor deal Indexes: Dow up 1.47%, S&P up 0.38%, Nasdaq up 0.23% NEW YORK, Nov 30 (Reuters) …

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Volkswagen will launch a China-specific base electric platform

A Volkswagen ID electric car is seen during a construction completion event at the SAIC Volkswagen MEB Electric Vehicle Plant in Shanghai, China, November 8, 2019. REUTERS/Aly Song Acquire License Rights HEFEI, China/BERLIN, Nov 24 (Reuters) – Volkswagen ( VOWG_p.DE ) said on Friday it will develop a new base electric vehicle platform in China …

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UK’s Hunt makes business investment tax relief permanent in search of growth

Chancellor of the Exchequer Jeremy Hunt leaves 11 Downing Street for the House of Commons to deliver his Autumn Statement in London, Britain, November 22, 2023. Stephan Russo/Poole via REUTERS License Rights Acquisition UK business investment lags after Brexit “Biggest business tax cut” in modern history – Hunt Tax breaks cost 11 billion stg per …

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New York investment chief calls on Tesla to fine Musk unless he apologizes

[1/2]Tesla and SpaceX CEO Elon Musk pauses during an event to talk with British Prime Minister Rishi Sunak in London, Britain, Thursday, November 2, 2023. Kirsty Wigglesworth/Pool via REUTERS/File Photo License Rights Acquired NEW YORK, Nov 21 (Reuters) – New York Comptroller Brad Lander told Reuters on Tuesday that Tesla’s ( TSLA.O ) board of …

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GM Cruise co-founder, senior executive Dan Kahn steps down a day after CEO exit

A self-driving GM Bolt EV is seen during a media event where Cruise, GM’s autonomous vehicle division, showcased its self-driving cars in San Francisco, California, U.S., November 28, 2017. REUTERS/Elijah Nouvelage/File Photo Credit of license rights Nov 20 (Reuters) – General Motors ( GM.N ) Cruise co-founder and chief product officer Daniel Kahn has resigned, …

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