Monthly Archives: July 2022

Cruise hopes ramping its robotaxi service will U-turn its cash burn

Cruise, the General Motors subsidiary dedicated to commercializing autonomous vehicles, saw a jump in expenses during the second quarter as the company launched its first commercial robotaxi service in San Francisco. Cruise’s expenses hit around $550 million compared to $332 million during the same quarter of last year. Operating losses in the second quarter topped…

Attorney General Merrick Garland hasn’t ruled out charging Trump over Jan. 6: ‘We pursue justice without fear or favor’

Attorney General Merrick Garland Chip Somodevilla/Getty Images Attorney General Merrick Garland has not closed the door on possibly charging Trump over Jan. 6. Garland told NBC News that Trump’s possible 2024 candidacy would not affect his decision. Legal and political experts are mixed on whether they think Trump will be federally indicted.  A 2024 Trump campaign…

Gen X amid the Pandemic: How Their Finances, Shopping Behavior, and Digital Usage Look

Gen Xers’ share of total household wealth is barely half of that held by baby boomers, and impacts brought on by the coronavirus pandemic haven’t helped this financially unstable cohort. In the Gen X amid the Pandemic Report, Insider Intelligence assesses US Gen Xers’ finances and how they’ve been affected by the pandemic. Do you work…

Apple Reportedly Scaling Up iPhone 14 Orders While Android Brands Struggle

Apple has scaled up its orders for iPhone 14 components, in contrast to faltering Android devices, DigiTimes reports. Ahead of the launch of the ‌iPhone 14‌ lineup in September, Apple has reportedly increased its component orders from suppliers. This comes in stark contrast to a range of Android brands, which continue to face sluggish sales,…