General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after spending more than $10 billion since acquiring the self-driving car business in 2016. “Today, Cruise shared the difficult decision to part…
Fox Corp. is finally getting into the direct-to-consumer streaming game. The company known for its news and sports TV…
Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the…
Mattel could soon raise the prices of toys such as Barbie and Hot Wheels in response to new tariffs imposed by President…
Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected…
President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that…
By many measures, millennials are doing considerably well financially. Still, fewer younger adults are thinking about retiring in the traditional sense one day.…
Ontario will pull all American alcohol from its government-run liquor shelves beginning Tuesday in response to U.S. President Donald Trump’s 25%…
Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union…