China was once the land of promise for Detroit automakers. With the country's booming middle class, and surging light-vehicle market, the companies could only see dollar signs. At first, automakers such as General Motors (GM 0.44%) thrived in China, and it became GM's largest market for sales volume for a time. However, the alarm bells have been ringing for some time, and now GM is making drastic changes, at a significant cost.Alarm bellsGeneral Motors' sales in China peaked in 2017 at 4 million vehicles, b ...

Welcome back to Week in Review. This week, we’re looking at GM’s decision to pull out of the robotaxi business, Google alluding to the existence of multiple universes, and how you can make some serious cash by getting an AI bot to fall in love with you. Let’s get into it.General Motors will no longer fund the development of its commercial robotaxi business and will instead absorb Cruise, its self-driving car subsidiary, and combine it with the automaker’s own efforts to develop driver-assistance features — ...

On Nov. 5, Donald Trump won the U.S. presidential election. As is the case with all politicians, there were many promises made during the campaign, but among Trump's proposals was a call to increase import tariffs on goods from China. Some are calling it Trump Tariffs 2.0, and the President-elect's intentions have only strengthened since winning the election.Investors are concerned about how these tariffs could impact discount retail stocks, including Dollar Tree (DLTR -1.04%) and Dollar General (DG -1.89%) ...

General Motors (NYSE: GM ) has reportedly spent about $10 billion on San Francisco-based Cruise since buying the start up in 2016, including investments to develop robotaxi operations. With the announcement that GM is dropping out of the global robotaxi business, the automaker said itI am a journalist based in Detroit, having spent almost my entire career writing about business and economic subjects for The Wall Street Journal, New York Times, Detroit Free Press and Bloomberg. I'm the author of two books an ...

CNBC's Jim Cramer on Friday walked investors through next week's Federal Reserve meeting and big earnings from General Mills, Darden Restaurants, Nike and more.On Monday, the trial between Qualcomm and Arm Holdings begins. Cramer said a victory for Arm Holdings would take away Qualcomm's license to use some important chips in cellphones and laptops. He added that the smart move is to bet on a settlement, which he believes would be good for everyone.Retail sales numbers are out Tuesday morning, on the eve of ...

Enduro Metals Reports Voting Results at Annual General Meeting of ShareholdersDecember 13, 2024 6:00 PM EST | Source: Enduro Metals CorporationKelowna, British Columbia--(Newsfile Corp. - December 13, 2024) - Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMF) (FSE: SOG0) ("Enduro" or the "Company") is pleased to report the voting results for the Company's annual general meeting of shareholders (the "Meeting") held on December 13, 2024, in Kelowna, British Columbia.At the meeting, shareholde ...

District Reports Voting Results from its Annual General and Special Meeting of ShareholdersDecember 13, 2024 5:40 PM EST | Source: District Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - December 13, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP) ("District" or the "Company") is pleased to report the voting results for the Company's annual general and special meeting of shareholders (the "Meeting") held on December 12, 2024, in Vancouver, British Columbia.A to ...

Vancouver, British Columbia--(Newsfile Corp. - December 13, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("VEXT" or the "Company") a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced final voting results from its annual general meeting of shareholders held on December 13, 2024 in Vancouver, British Columbia (the "Meeting").The shareholders of the Company voted in favour of all matters included in the management information circular for the Meeting, demonstr ...

Vancouver, British Columbia--(Newsfile Corp. - December 13, 2024) - Newpath Resources Inc. (CSE: PATH) (FSE: 0MZ) (OTC Pink: RDYFF) ("Newpath" or the "Company") announces that it will hold its annual general meeting (the "Meeting") on January 10, 2025 at Suite 220, 333 Terminal Avenue, Vancouver, BC, V6A 4C1 at 10:00 a.m. (PST). Due to the ongoing Canada Post strike (the "Postal Strike"), the information circular and related materials (the "Meeting Materials") for the Meeting, are posted under the Company' ...

BofA Securities analyst Peter T. Galbo upgraded General Mills, Inc. GIS to Buy from Neutral, raising the price forecast to $80 from $78.The analyst suggests that General Mills is expected to return to organic sales growth at a faster and more sustainable rate compared to other center-store food peers.This growth will be driven by factors such as the re-acceleration in the Pet segment (specifically Blue Buffalo) and stabilization in North America Retail, as issues in the dough category are moving behind the ...