GM shareholders have never had it this good
CNN
Mary Barra -- and GM shareholders -- is about to have the best shareholder meeting of her seven-plus year tenure on Monday.
At last year's annual meeting the company was struggling to recover from the double blow of the pandemic, which had closed most of its plants and dealerships and raised doubts about car demand going forward, and a crippling six-week strike the previous fall that cost it nearly $3 billion. What a difference a year makes: GM (GM) is about to complete the most profitable 12 months in its 112-year history, despite a computer chip shortage that has forced it to close some plants and cut production.
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Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud.
President Donald Trump on Thursday signed an executive order that blocks states from enforcing their own regulations around artificial intelligence and instead aims to create a “single national framework” for AI.
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Wall Street got the rate cut it wanted. But with the Federal Reserve set to take a more cautious approach to trimming interest rates in 2026, investors are now left to wrestle with other concerns that had been put on the back burner while Fed rate cuts were top of mind.