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At Close: Jun 05, 2026
GM gives up on robotaxis after a string of troubles with Cruise
12:44am, Wednesday, 11'th Dec 2024
GM is halting Cruise robotaxi development, merging it with its own technical team. The decision follows safety issues, regulatory challenges, and intense competition in the field.
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Arcadia Bi
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The Interpub
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Enterprise B
Cruise employees ‘blindsided' by GM's plan to end robotaxi program
09:11pm, Tuesday, 10'th Dec 2024
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company's announcements channel along with a link to a press release e
NEW ORLEANS, La.--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 7, 202
General Motors (GM) Advances While Market Declines: Some Information for Investors
06:46pm, Tuesday, 10'th Dec 2024
General Motors (GM) concluded the recent trading session at $52.74, signifying a +0.06% move from its prior day's close.
GM pulls plug on Cruise robotaxi after investing more than $10B in self-driving business
06:44pm, Tuesday, 10'th Dec 2024
GM cited "considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market."
How GM's self-driving strategy is evolving as it gives up on Cruise business
05:54pm, Tuesday, 10'th Dec 2024
General Motors has bailed on its Cruise robotaxis, citing the amount of time and resources needed to scale the business and an “increasingly competitive” market for autonomous vehicles.
Enduro Metals Announces Availability of Annual General and Special Meeting Materials and Alternative Voting Procedures
05:00pm, Tuesday, 10'th Dec 2024
Kelowna, British Columbia--(Newsfile Corp. - December 10, 2024) - Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMF) (FSE: SOG0) ("Enduro" or the "Company") announces that due to the current delays
G.M. Will Stop Developing Self-Driving Taxis
04:45pm, Tuesday, 10'th Dec 2024
The company said it would now focus its efforts on developing fully autonomous vehicles for personal use.
General Motors Scraps Cruise Robotaxi Program
04:41pm, Tuesday, 10'th Dec 2024
Carmaker cites competition, time and costs needed to scale the business.
GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles
04:27pm, Tuesday, 10'th Dec 2024
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car subsidiary Cruise and combine it with the automaker's
GM halts funding of robotaxi development by Cruise
04:20pm, Tuesday, 10'th Dec 2024
GM halts funding of robotaxi development by Cruise
General Motors to drop development of Cruise robotaxi
04:19pm, Tuesday, 10'th Dec 2024
Automaker General Motors said on Tuesday its majority-owned Cruise business will drop the development of robotaxis.
