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 ...

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 ...

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 ...

Smith Collection / Gado / Getty Images Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the development of Cruise autonomous vehicles.

GM will recognize a non-cash impairment charge of $2.6B–$2.9B for its ... to stabilize market share and focus on profitability. General Motors expects to recognize additional equity losses ...

General Motors (GM) is set to incur a writedown and restructuring charges exceeding $5bn in relation to its underperforming Chinese joint ventures (JVs). GM revealed in a recent regulatory filing ...

(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 ...

General Motors ... a temporary impairment of its equity interest in the China JVs in the range of $2.6B–2.9B in the three months ending December 31, 2024 The majority of these charges will ...