GM trims 2024 EV forecast amid slower-than-expected demand
GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT – General Motors is trimming its expected sales and production of all-electric vehicles this year, as U.S. adoption of EVs occurs slower than expected. GM Chief Financial Officer Paul Jacobson said the […]
Elon Musk rails against Apple-OpenAI deal, threatens to ban iPhones from his companies
Tesla Chief Executive Elon Musk threatened to ban Apple iPhones from his companies Monday, calling the tech giant’s new deal with OpenAI a security risk and escalating his long-running feuds with both companies.
GM board approves new $6 billion share buyback authorization
General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT – General Motors on Tuesday announced a new $6 billion stock repurchase authorization has been approved by its board. The new buyback authorization comes as an accelerated $10 billion share repurchase program announced in November 2023 is […]
‘I once felt that I had nothing’: I had a $8,000 debt that I was ashamed to reveal to my boyfriend, but I turned my life around
“I now see the light at the end of the tunnel.”
WNBA reports record TV viewership, highest game attendance in 26 years
Indiana Fever guard Caitlin Clark (22) maneuvers past Washington Mystics guard Ariel Atkins (7) and Washington Mystics guard DiDi Richards (12) during the Washington Mystics-Indiana Fever WNBA game at Capital One Arena in Washington, D.C., on June 7, 2024. Craig Hudson | The Washington Post | Getty Images The growing popularity of women’s basketball did […]
Disney World’s Tiana’s Bayou Adventure Splash Mountain revamp
Tiana’s Bayou Adventure opens June 28 at Walt Disney World Resort in Florida! The ride will take guests on a musical adventure picking up after the events of the Walt Disney Animation Studios film, “The Princess and the Frog.” Guests will encounter fan-favorite characters including Prince Naveen, Mama Odie and more, plus all-new music. Disney […]
OpenAI taps veteran of Nextdoor and Square as new CFO, dismisses IPO speculation
Artificial-intelligence developer OpenAI said Monday that Sarah Friar would become its next chief financial officer, as it prepares to work more closely with a growing number of large companies and deal with an increasingly fraught landscape for the technology.
FDA advisors recommend Eli Lilly Alzheimer’s drug donanemab
Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023. Eli Lilly & Co.’s shares climbed in early US trading after its experimental drug for Alzheimer’s slowed the progress of the disease in a final-stage trial, paving the way for the company to apply for US approval. AJ Mast | Bloomberg | Getty […]
Christy Goldsmith Romero reportedly the front-runner to lead troubled FDIC
Derivatives regulator Christy Goldsmith Romero is the front-runner to lead the Federal Deposit Insurance Corp. following Chair Martin Gruenberg’s resignation, the Wall Street Journal reported late Monday.
UAW President Shawn Fain under investigation by federal monitor
United Auto Workers President Shawn Fain testifies about the toll of working hours on laborers before the Senate Health, Education, Labor and Pensions Committee in the Dirksen Senate Office Building on Capitol Hill in Washington, D.C., on March 14, 2024. Chip Somodevilla | Getty Images DETROIT — United Auto Workers President Shawn Fain is under […]
