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GM supports Trump tax plan, but wouldn't benefit for years

GM broadly supports President Trump's plan to cut corporate taxes but wouldn't benefit for about five years because of the huge losses it incurred leading up to its 2009 bankruptcy.


Uber demotes executive at center of Waymo self-driving car lawsuit

Anthony Levandowsk stepped down from his post overseeing self-driving car technology. Uber said he won't be involved in decisions relating to lidar technology.

| UPDATED: 4/28/17 7:06 am ET - corrected
Honda forecasts profit drop despite positive quarter

Honda swung back to profitability in the latest quarter as the company put Takata-related recall costs behind it, but a worsening foreign exchange outlook and a one-off pension expense forced the Japanese automaker to forecast falling profits in the fiscal year that has just begun.

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