The Trump White House may usher in a big loosening of the rules around cars that can operate without human drivers.
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Despite the steep competition and roadblocks, the company has high hopes for expanding its self-driving services.
The company’s recent changes, aimed at “right-sizing [its] cost structure,” include layoffs and shifting focus from R&D.
American Transit Insurance Company (ATIC) insures over 60% of 117,000 taxis and for-hire vehicles. And it’s insolvent.
There were plenty of business losers in 2024, but only one for whom the sky was literally falling. In short: Boeing had a bad year.
Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.