Internet billionaires swap ride-hailing betsOct. 20
Ford's $28 billion cash pile doesn't buy love on Wall StreetOct. 19
Ford may be both flush with cash and struggling with its stock price, but new CEO Jim Hackett is in no rush to buy Wall Street's love. The carmaker's $28 billion cash pile isn't “burning a hole in our pocket,” Hackett said earlier this month.
GM clutches tech units despite hype of $30 billion spinoffOct. 17
Daimler moves to separate Mercedes cars, trucksOct. 16
Daimler is firming up plans for its biggest corporate overhaul in a decade, granting its car and truck operations more independence in a move that could pave the way for spinoffs and other deals as the automaker confronts the disruptive shift to self-driving electric vehicles.