Cruise, GM’s troubled robotaxi unit, gets a new CEO
Veteran videogame executive takes the reins some seven months after co-founder departure, fleet grounding.
This scam artist was dubbed the ‘worst boyfriend’ in New York. Now he’s headed to prison.
Nelson Counne made women believe he was a jet-setting bon vivant. Prosecutors said he was a con man who stole $1.8 million from his girlfriends.
Rivian’s stock surges 50% on $1 billion Volkswagen investment and joint-venture plan
Shares of Rivian Automotive Inc. skyrocketed after hours Tuesday after Volkswagen AG said it will invest $1 billion in the electric-vehicle maker, with plans to...
White House adviser says Biden isn’t ‘permanently screwed’ by inflation anger. Here’s why.
A top economic adviser to President Joe Biden said that he expects American voters to become less concerned over the high cost of living over...
Nvidia’s stock selloff inspired retail investors to buy the dip
The megacap tech stock entered correction territory this week — and individual investors took advantage of the discount.
FedEx’s stock rallies 14% as logistics company sees ongoing ‘momentum’
FedEx Corp. late Tuesday reported a quarterly profit above expectations and called for revenue growth for its upcoming fiscal year, sending the stock 14% higher...
Stock-market buyback blackout period could spark dip as earnings season begins
A “blackout” for stock buybacks ahead of earnings season may be poised to cause another short-term pullback after a run to all-time highs for the...
GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO
General Motors' Cruise autonomous vehicle unit on Tuesday announced Marc Whitten, a former Amazon and Microsoft executive, as its new CEO.