8 April, 2017 by The TZ Newswire Staff Comments Off on General Motors Is Betting $600 Million on Self-Driving This Year
General Motors Is Betting $600 Million on Self-Driving This Year
General Motors (NYSE: GM) is running its self-driving car program like a start-up, it’ll spend about $600 million this year on the effort, and the first self-driving car GM brings to market will be a version of the electric Chevrolet Bolt EV.
That’s all according to GM’s chief financial officer, Chuck Stevens. In a presentation to Wall Street analysts on Thursday, Stevens shared some additional information on GM’s fast-moving effort to develop a fully self-driving vehicle.
8 April, 2017 by The TZ Newswire Staff Comments Off on Millennials turn their back on New York and San Francisco
Millennials turn their back on New York and San Francisco
Job availability and affordability make these other cities strong contenders for young Americans.
read more
8 April, 2017 by The TZ Newswire Staff Comments Off on Salesforce’s $1B skyscraper will be the most expensive building in San Francisco — take a look
Salesforce’s $1B skyscraper will be the most expensive building in San Francisco — take a look
The San Francisco skyline has a new crown jewel. Salesforce Tower will be the city’s tallest and most expensive building upon completion in July 2017. The 1,070-foot high-rise is expected to cost developer Boston Properties $1.1 billion. On April 6, San Francisco Mayor Ed Lee and Salesforce CEO Marc Benioff held a ceremony at Salesforce Tower to commemorate the end of the structural phase of construction. “It seems like everywhere I am in this city […]
8 April, 2017 by The TZ Newswire Staff Comments Off on Google employees could buy 5 houses for the price of one if they left Silicon Valley
Google employees could buy 5 houses for the price of one if they left Silicon Valley
Estately identifies the most and least affordable locations where the tech company has offices.
8 April, 2017 by The TZ Newswire Staff Comments Off on Study suggests rumors of Obamacare ‘death spiral’ may be greatly exaggerated
Study suggests rumors of Obamacare ‘death spiral’ may be greatly exaggerated
Obamacare plans in nearly three dozen states may turn a small profit in 2018, the New York Times reports.
8 April, 2017 by The TZ Newswire Staff Comments Off on GM China Sales Fall in Q1 as Overall Market Rises
GM China Sales Fall in Q1 as Overall Market Rises
GM reported March sales rose 16% year over year in China. The less-good news is that sales fell 5.2% year over year for the first quarter.
8 April, 2017 by The TZ Newswire Staff Comments Off on Market Snapshot: A conflicted stock market faces moment of truth as earnings loom
Market Snapshot: A conflicted stock market faces moment of truth as earnings loom
After being stuck in a state of suspended animation for the past few weeks, the stock market will finally have its moment of truth as corporate earnings start rolling out in the next few days.
read more