Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...

Microsoft plans to take an $800 million charge after General Motors said it was shutting down its autonomous taxi initiative.

Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.

Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, ...

Microsoft announced its minority investment in January 2021, joining Honda and other institutional investors. All told, the ...

Honda has decided to end its involvement in a robotaxi joint venture with General Motors (GM) and Cruise in Japan. The move ...

Microsoft is set to take an $800 million hit due to General Motors’ decision to shut down its self-driving car subsidiary, ...

Tumultuous Stretch As GM nurtured Cruise after buying it for $1.1 billion in 2016, it attracted billions in additional ...

Shares in software provider ServiceTitan have closed their debut up 42 per cent in New York, wrapping up the US calendar for ...

America's overdraft issuing bodies file a lawsuit challenging the Consumer Financial Protection Bureau's new decision.

The Lovesac Company (NASDAQ:LOVE) shares are trading lower in the premarket session on Thursday. The company reported a third ...

Microsoft will record an $800 million impairment charge tied to its minority investment in General Motors' now-scrapped Cruise robotaxi program. Tesla gave back some of its recent gains as traders ...