Microsoft will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program. The tech giant expects to incur the charge ...
General Motors GM-2.51%decrease; red down pointing triangle said it expects to incur more than $5 billion in impairment charges and writedowns in the fourth quarter related to its joint venture ...
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs associated with its joint venture with SAIC Motor Corporation in China.