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.
Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.