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 ...

Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the development of Cruise autonomous vehicles. The tech giant and others like Honda and ...

Microsoft to record an impairment charge of $800 million in the second quarter of fiscal 2025. This follows General Motors exit from funding Cruise‘s robotaxi development. Ready to turn the ...

(Reuters) - Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' exit of the Cruise autonomous driving business ...

LONDON (MarketWatch) -- General Motors Acceptance Corp., the financial-services arm of General Motors Corp. , will take a fourth-quarter non cash charge of $450 million for goodwill impairment.

General Motors Co.’s stock slid Wednesday as the auto giant’s joint-venture in China booked more than $5 billion in impairment charges and write-downs in the face of competitive price wars in ...

General Motors said it expects to incur more than $5 billion in impairment charges and writedowns in the fourth quarter related to its joint venture with China's SAIC Motor. The automaker ...