GM is cutting over 1,000 workers, equivalent to roughly 1.3% of its total workforce, from its software and services division.
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General Motors shares tumbled after the company said its driverless taxi division, Cruise, will suspend production of the Origin robotaxi.
For years, traditional cable had one trump card against the upstart streamers devouring their business: live programming. Not anymore.
TD Bank was fined more than $3 billion by regulators in October in what’s arguably the biggest banking scandal of the year.
Europe’s bank M&A scene has been noticeably stagnant for a while, but that could all be about to change next year.