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GM brings in Xbox engineer as CEO to steer beleaguered Cruise robotaxi service

General Motors on Tuesday named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover...

Detroit gas stations no longer allowed to lock people in stores

The city of Detroit is taking steps to ban gas stations from locking people inside the store, a year after a man was fatally shot during an argument with another...

Millennials and Gen Z are least likely to care about being happy in their job

Millennial workers are increasingly becoming the office spoilsports, with young people increasingly likely to be in it for the money rather than for fun, as years of economic...

Ethereum ETF update: CFTC chair Gary Gensler says application is ‘going smoothly’

Securities and Exchange Commission Chairman Gary Gensler belied impatience upon fielding questions from reporters about crypto, including his agency’s handling of applications to launch Ethereum ETFs. In speaking...

China goes into panic mode over EU tariffs on electric cars, offers perks for German carmakers if they drop restrictions

On the precipice of an all-out trade war with the European Union, China is panicking and dangling perks for German carmakers to try to bring things back from...

Volkswagen throws struggling Rivian a lifeline with $5 billion investment

Volkswagen AG will invest $5 billion to form a joint venture with electric vehicle maker Rivian Automotive Inc., throwing a lifeline to the struggling startup and giving the...

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The Italian billionaire family behind Ferrari and Stellantis, bolster their stake in Philips to $4.19 billion

Italy’s billionaire Agnelli family raised its holding in Royal Philips NV, giving it a stake worth $4.19 billion, in a signal of increased...

A summer job can set teens up for a lifetime of success, experts say

When California-based psychologist and parenting coach Becca Ballinger saw her teen clients floundering after the pandemic, she often gave them a piece of...

Smith & Wesson must comply with New Jersey subpoena in deceptive ad probe

Smith & Wesson, the gun manufacturer, must comply with a New Jersey subpoena seeking documents as officials investigate whether the company engaged in...

France’s former IT giant Atos chose Onepoint’s restructuring plan—but Onepoint withdrew giving billionaire Daniel Kretinsky the power to step in

Atos SE, the troubled French IT company, said that Onepoint has withdrawn from talks to bail out the company and that billionaire Daniel...

Rimac is shifting from electric supercars to robotaxis

A new robotaxi service is coming to Croatia, courtesy of the country’s leading supercar company, Rimac. The service will be called Verne, named...