General Motors (GM) is feeling the heat in the electric vehicle (EV) market. After a brief surge in sales due to a soon-to-expire federal tax credit, the company is now facing some tough realities. The Trump administration's policies have made things even harder, with changes in regulations, cancele
General Motors is making big changes to its electric vehicle (EV) plans. The company is cutting about 5, 500 jobs, with 1, 750 people being laid off indefinitely. This is part of a larger strategy to adjust to slower EV sales and new rules. One of the main changes is at the Factory Zero plant in De
General Motors (GM) recently let go of over 200 salaried employees, mainly from its Technical Center in Warren. This move came just days after the company raised its profit expectations for the year, which led to a significant boost in its stock prices. The company stated that these job cuts were du
Jerome Powell, the head of the Federal Reserve, spoke up about tariffs and inflation during a recent chat with senators. He said that the new tariffs might make prices go up in the coming months. This means that everyday items could cost more. Powell also mentioned that most Fed officials think cutt
Jerome Powell, the current head of the Federal Reserve, had an unusual start to his career. He didn't always see himself in the world of economics. In fact, he once thought it was dull and pointless. This is what he shared with graduates of Princeton University. Powell graduated from Princeton with
General Motors is bracing for a significant financial hit due to the Trump administration's tariffs on imported cars and auto parts. The company anticipates these tariffs will cost them between 4 and 5 billion dollars this year. This news comes as a blow to GM's profit expectations. The company has
Generalized pustular psoriasis (GPP) is a tough condition to deal with. It's a chronic inflammatory disease that can flare up without warning, making it hard to predict. The main goals for long-term treatment are to keep skin symptoms under control, prevent new flare-ups, and improve the patient's q
General Services Administration(“GSA”) employee records were basically being used without permission. Is that possible? An IBM employee got a peculiar request to share on GSA's 14, 000 employees. The request to obtain human resources records for all employees of the GSA was odd. The GSA wasn't thin
General Motors (GM) has made a big change in its plans for self-driving cars. Instead of trying to create a fleet of robotaxis that drive themselves, GM will now focus on improving driver-assistance features. This change comes after GM realized that developing a robotaxi service would need a lot of
General Motors, a big US car company, just took a massive $5bn hit because of its businesses in China. This is a big deal because China used to be their largest market. They said the losses came from changes in their business plans and some restructuring. This isn't great news for GM, as it means th
