Alphabet’s (GOOG) Waymo applies for final permit to sell autonomous rides in California

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Google asks court to toss out federal antitrust lawsuit

December 13, 2022 1:00 PM EST

WASHINGTON (Reuters) - Alphabet Inc's Google asked a federal court late on Monday to toss out the U.S. Justice Department's 2020 lawsuit against it, which alleged that the search giant violated antitrust law to maintain dominance in its search business.

Documents laying out Google's reasoning for the summary... More

Ford (F) F-150 Lightning EV wins MotorTrend's 2023 truck of the year

December 13, 2022 12:26 PM EST

Fords (NYSE: F) F-150 Lightning electric truck was named the 2023 MotorTrend truck of the year on Tuesday, topping traditional pickups with internal combustion engines from General Motors (NYSE: GM), Stellantis (NYSE: STLA) and Toyota Motor (NYSE: TM). The award is... More

Active options: GOOG SHOP BA AMC PLTR NIO GOLD BAC SOFI AAL

December 13, 2022 10:01 AM EST

Active options: GOOG SHOP BA AMC PLTR NIO GOLD BAC SOFI AAL

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U.S. finalizes $2.5b loan for GM and LG joint venture

December 12, 2022 11:44 AM EST

The U.S. Energy department announced Monday that they have finalized a $2.5 billion low-cost loan to a joint venture of General Motors (NYSE: GM) and LG Energy Solution to help pay for three new lithium-ion battery cell manufacturing facilities.

The loan will help finance... More

Wedbush calls GM's Ultium platform its 'secret sauce'; reiterates outperform

December 12, 2022 7:06 AM EST

Wedbush reiterated an Outperform rating and $46.00 price target on General Motors (NYSE: GM) after hosting an all-day tour at GMs headquarters in Detroit last week, where analyst Daniel Ives was able to deep dive into the companys facilities, battery labs, design processes, and have Q&A sessions with management.

Ives wrote... More

UnitedHealth Group (UNH) names Kristen Gil of Alphabet to board

December 12, 2022 6:55 AM EST

UnitedHealth Group (NYSE: UNH) announced Kristen Gil of Alphabet Inc. (NASDAQ: GOOG) has been appointed to its Board of Directors, effective immediately.

Gil currently serves as vice president, business finance officer, at Google. She has held numerous senior... More

GM's Ultium Cells plant votes overwhelmingly to join UAW

December 9, 2022 2:09 PM EST

The UAW announced in a statement today that a General Motors (NYSE: GM) joint venture battery plant in northeast Ohio have voted to join the United Automobile Workers union. The Ultium Cells plant, a joint venture between GM and LG solutions, began the two-day voting process on Wednesday where, according to the UAW, 98% of votes cast were in favor for the union.

The outcome appears to... More

Active options: GME BAC NIO MSFT NFLX CVNA GOOG XOM DVN BA XPEV

December 9, 2022 4:29 AM EST

Active options: GME BAC NIO MSFT NFLX CVNA GOOG XOM DVN BA XPEV

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