$59B UAW retiree benefits trust hires ex-GM exec as CEO
The UAW Retiree Medical Benefits Trust has appointed a former General Motors Co. executive as its CEO. Jessica Gubing will take on the role June 4, heading up a trust launched in 2010 to protect retiree health benefits, which has grown to $58.6 billi.....»»
Apple CEO Tim Cook continues to kick it with Nike almost 20 years later
Apple CEO Tim Cook has been on Nike's board for almost 20 years, and now he has to help guide the major sports brand through some stormy weather.Tim Cook's custom-made sneakers from May's iPad Pro launch - Image source: Apple via HypebeastLike Apple,.....»»
Tim Cook & Jeff Williams are touring China again
Apple CEO Tim Cook and COO Jeff Williams have headed out to China once again, including a visit to promote using the iPhone and iPad for agriculture.Tim Cook and Jeff Williams in China - Image credit: Tim Cook/WeiboAs the CEO and COO, Tim Cook and Je.....»»
GM Financial net income down 11% in Q3
General Motors Financial saw net income fall by more than 10 percent year over year in Q3 2024 earnings as the GM captive finance company grew its financing income but spent more on interest......»»
GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat; shares rise
GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion. Shares rose 7.7 percent in morning trading. .....»»
GM is closing cold weather development center in Canada
After 50 years of research and development, General Motors is closing its Cold Weather Development Centre in Kapuskasing, Ont., saying the work done at the facility has become “redundant.”.....»»
GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat
GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion......»»
Musk sued over ‘Blade Runner’ imagery during robotaxi unveiling
Elon Musk has been sued over ‘Blade Runner’ imagery. The production company filed a lawsuit accusing Tesla CEO Elon Musk of copyright infringement, saying it specifically declined to grant permission to use the images......»»
Accurately weighing costs and benefits of different methods for controlling invasive species
Invasive insect species bring a host of health, social, ecological and economic consequences, including crop damage, food insecurity, biodiversity loss, ecosystem disruption, human disease transmission and rising allergy rates......»»
Brent Burns retiring as head of JM Family; Dan Chait to become CEO
JM Family Enterprises CEO Brent Burns will retire and be succeeded by President and COO Dan Chait. Chait will remain president when he becomes CEO on Jan. 1, JM Family announced......»»
New study reveals the effects of lockdowns in shaping socioeconomic behaviors
Monash University research has found that campus-wide lockdowns at universities based in Northern China during the COVID-19 pandemic impacted university students' value of trust, honesty, and creativity—behavioral traits that are crucial for positi.....»»
Tim Cook wants you to know he’s confident in Apple’s AI future
Apple Intelligence will make its debut later this month, much later than other companies like Google. That's OK, says Apple CEO Tim Cook......»»
GM, Ford brace for investor scrutiny over Q3 pricing power, EV losses
GM is set to release its results for the July to September period on Oct. 22, while crosstown rival Ford will report on Oct. 28......»»
Top 5 stories of the week: Stellantis walks back work-from-home push; GM eyes virtual vehicle development
A quick look at the top automotive stories of the week as determined by reader interest......»»
Pioneering river restoration declared a success
A year on from the completion of a three-year project on the National Trust's Holnicote Estate in Somerset to reconnect a section of a river to its floodplain—the innovative "Stage 0" river restoration technique, first pioneered in Oregon, U.S.—h.....»»
How GM is using AI to catch quality problems
An automated tool runs software simulations around the clock to spot glitches before the code is integrated into a vehicle......»»
Amazon AWS CEO: Quit if you don"t want to return to office
Amazon AWS CEO: Quit if you don"t want to return to office.....»»
Daily 5 report for Oct. 17: GM clarifies "virtual by 2025" goal
A statement from General Motors said the automaker doesn't have plans to shift its entire development system to virtual at this point......»»
GM Just Tested the Fastest Car Ever Built by a U.S. Automaker
GM Just Tested the Fastest Car Ever Built by a U.S. Automaker.....»»
Fresh GM models, Tesla Cybertruck help boost U.S. EV registrations 18%, latest data shows
Tesla remained the top EV maker, but its market share fell to 46 percent in August from 51 percent a year earlier as legacy brands such as Chevrolet, Honda and Kia chipped away at its commanding lead......»»
Trump claims Tim Cook called him about EU fining Apple $17 billion
Tim Cook’s job as CEO covers a number of roles and responsibilities. One of them involves maintaining relationships with political powers. And according to Donald Trump, he and Cook recently had a conversation about the EU’s recent rulings agains.....»»