Autonomous vehicle company Cruise is laying off 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations. What remains of Cruise will move under parent company General Motors as the automaker directs its resources towards improving its hands-free driver assistance system Super Cruise — and eventually rolls out personal autonomous vehicles. The layoffs were announced by Craig Glidden, Cruise’s president and chief administrative officer, acco ...

Dublin, Feb. 04, 2025 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: General Motors Company 2024" report has been added to ResearchAndMarkets.com's offering. The report provides insights into company's tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives. General Motors Co (GM) is an automobile manufacturing company. It designs, builds, and markets cars, SUVs, crossovers trucks, and automobile parts. GM also provides automotiv ...

Beyond any doubt, one of the most iconic brands the world has ever known is General Mills (NYSE: GIS ). The diverse food company is a massive player in the markets in which itCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of th ...

SAN JOSE, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (“Company”), parent company of Heritage Bank of Commerce (“Bank”), today announced the appointment of Janisha Sabnani as Executive Vice President and General Counsel of the Company and the Bank. As General Counsel, Ms. Sabnani will report directly to Chief Executive Officer (“CEO”) Robertson “Clay” Jones and will have primary responsibility for advising executive management, directors, and business unit executives on ...

U.S. auto giant General Motors (GM) has seen its earnings estimates for 2025 and 2026 move north over the past seven days. Last Tuesday, the company released impressive fourth-quarter 2024 results. The top and bottom lines beat expectations and rose from the corresponding quarter of 2023.See the Zacks Earnings Calendar to stay ahead of market-making news.General Motors’ full-year 2024 revenues grew 9% to roughly $187 billion. Revenues have grown at a CAGR of 10% since 2021. GM retained its title of the top- ...

If investors only factor in General Motors' (GM -0.08%) price-to-earnings ratio of 6 times and the 11.5% stock price decline the company saw after reporting earnings on Tuesday, they might conclude the company had a rough quarter and year. But such a conclusion would be way off.GM posted strong metrics in 2024, with multiple guidance upgrades and earnings beats. GM's fourth quarter was solid too. The trouble with the stock price is related to investors thinking that GM's guidance for 2025 is too optimistic ...

2024 was a rough year for Dollar General (DG -1.51%).During a year when the S&P 500 jumped 23%, shares of the discount retailer fell 44%. Profits were down at Dollar General as it faced headwinds from weak consumer spending and inflation, competition from Walmart, and operational missteps.However, that sets up a buying opportunity for investors, as Dollar General has been a winner on the stock market throughout its history. The company has more stores than any other retail banner in the U.S. It has a turnar ...

In December, I covered General Dynamics stock and marked it a buy with a $318 price target and a buy rating. Since then, the stock has dropped 3%. Following the fourth quarter earnings release where General DynamicsDhierin runs the investing group The Aerospace Forum , whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers context to ...

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Edmonton, Alberta--(Newsfile Corp. - January 30, 2025) - Titan Logix Corp., (TSXV: TLA) ("Titan" or the "Company"), a technology company specializing in mobile liquid measurement solutions, released on its website today, the materials presented to those in attendance upon the formal conclusion of the Company's Annual General Meeting held on January 23, 2025.In the presentation, the Company provided updated information regarding its strategic growth plan, including total addressable market, key areas of foc ...