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Detroit’s top carmaker just wrote down $7.6 billion on its EV business—and grew its market cap by the same amount. Here’s how GM did it
“We continue to believe in EVs,” CEO Mary Barra told the Street. But GM also believes in free cash flow.
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New filings exposing Elon Musk’s financials for X in the U.K. show revenue plummeted 58% in 2024
Advertisers have been fleeing the platform since Musk acquired what was then Twitter in 2022.
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Amazon and JPMorgan led the Fortune 500 in returning to the office 5 days a week. Now they’re leading a coworking comeback
A year after the return-to-office push, larger companies are turning to shared spaces to fill their office needs.
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Dollar slides as Trump says he is not concerned with its recent decline
Gold surges to further record high as worries over US currency mount
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Mountain lion saunters through San Francisco’s posh Pacific Heights neighborhood before capture
A witness said it headed into picturesque Lafayette Park, which features two tennis courts, a children’s playground, and an off-leash dog area.