GM

Major international brands such as Nike, Starbucks, and GM are struggling in China due to a combination of factors including domestic rivals, geopolitical tensions, and shifts in consumer preferences reshaping the market.

The construction of Norfolk's Resort Casino, a $750M project on more than six acres between Harbor Park and the Amtrak station in Norfolk, Va., is progressing rapidly. A General Manager stated that despite being over a year past breaking ground and already reaching six stories, the building remains 'on time and on budget.'

Ford's big-truck strategy is showing positive results, prompting Wall Street to take notice. The company may be experiencing a turnaround despite receiving less attention than GM from investors.

IBM is acquiring HRL Laboratories from Boeing and GM to diversify its quantum computing investments. HRL specializes in electron spin qubits, which differ from IBM's current use of superconducting circuits.

Ford CEO advocates for a level playing field with Toyota and GM imports during USMCA trade talks. Ford assembled over 2 million vehicles in the U.S. last year, including 311,000 units for export.

Peak Energy and GM have partnered to scale domestic sodium-ion battery supplies. Peak's CEO stated the technology is designed for AI data centers and grid-scale applications.

The Congressional Baseball Game between Dems and GOP featured 35,000 fans and raised $3 million for charity, with high-energy fan interactions and corporate sponsorships. The event included notable moments like a senator splitting his nose, and vendors such as American Legion and GM were present. Food ratings were mixed, with concessions described as overpriced and underwhelming.

US automakers Ford and GM are shifting their focus from electric vehicles to battery storage, a move influenced by AI. This pivot marks a significant change in strategy for the companies. The decision may have implications for the automotive industry as a whole.

The article highlights Tesla, Waymo, and Uber as the new leading forces in autonomous mobility, replacing traditional automakers like GM, Ford, and Chrysler. It emphasizes their advancements in self-driving technology, infrastructure development, and challenges in scaling robotaxi services.