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Six months after gutting its Cruise robotaxi business, GM is reportedly back in on autonomous vehicles

GM’s rocky relationship with autonomous vehicles is back on, according to reporting by Bloomberg.

The automaker, which shuttered its robotaxi business, Cruise, in February, is said to be courting former employees to return to the company to develop self-driving cars for personal use.

In March, GM announced a partnership with Nvidia to “build smarter vehicles” and collaborate on “advanced driver-assistance systems.”

Development costs were the primary reason GM left Cruise stranded earlier in the year, though the company also faced intense scrutiny and several executive firings following an incident in October 2023 when an autonomous vehicle seriously injured a pedestrian in San Francisco. When the company pulled the plug on Cruise, the move was expected to save it $1 billion a year.

In March, GM announced a partnership with Nvidia to “build smarter vehicles” and collaborate on “advanced driver-assistance systems.”

Development costs were the primary reason GM left Cruise stranded earlier in the year, though the company also faced intense scrutiny and several executive firings following an incident in October 2023 when an autonomous vehicle seriously injured a pedestrian in San Francisco. When the company pulled the plug on Cruise, the move was expected to save it $1 billion a year.

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Fox and News Corp slide as investors digest $3.3 billion Murdoch succession settlement

Fox and News Corp shares dropped on Tuesday after Rupert Murdoch’s heirs agreed to a $3.3 billion settlement to resolve a long-running succession drama.

Under the deal, Prudence, Elisabeth, and James Murdoch will each receive about $1.1 billion, paid for in part by Fox selling 16.9 million Class B voting shares and News Corp selling 14.2 million shares. The stock sales will raise roughly $1.37 billion on behalf of the three heirs.

The new trust for Lachlan Murdoch will now control about 36.2% of Fox’s Class B shares and roughly 33.1% of News Corp’s stock, granting him uncontested voting authority over both companies for the next 25 years. Originally, the Murdoch trust was designed to hand over voting control of Fox and News Corp to Prudence, Elisabeth, Lachlan, and James after his death.

Investors are weighing the trade-off. Clear leadership under Lachlan may resolve conflict internally, but the share dilution, executed at a roughly 4.5% discount, means long-term investors now hold slightly less clout than before.

Both companies’ stocks were trading close to all-time highs prior to the announcement.

385 ✈️ 434

Boeing on Tuesday announced that it delivered 57 commercial jets in August, its best total for the month in seven years. That brings its year-to-date delivery total to 385 planes, eclipsing its full-year 2024 figure by about 11%.

The August figure marked Boeing’s second-highest delivery total of 2025 and represented a 43% jump from the same month last year. Through August, Boeing has boosted its deliveries by 50% from last year.

The plane maker is still trailing its European rival Airbus, which delivered 61 planes in August and 434 year to date.

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