The CEO of GM Cruise’s robo-taxi division has resigned amid a US security review

November 19, 2011 Kyle Vogt, CEO of General Motors’ robot taxi division Cruise, announced his resignation a day after apologizing to employees while the company conducts a safety review of its US fleet. Vogt, 38, offered little in the way of explanation, simply saying, “I have resigned,” he told Reuters in an email to staff … Read more

Exclusive: GM Cruise CEO Apologizes, Allows Stock Sales

The Cruze self-driving car, owned by General Motors Corp., is seen outside the company’s headquarters in San Francisco, where it conducts most of its testing, in this Sept. 26, 2018, photo taken in California, U.S. REUTERS/Heather Somerville/File photo obtained license rights SAN FRANCISCO, Nov 18, 2011 (FBC) – The CEO of General Motors’ Cruze has … Read more

Allowing people to work from home is good for revenue growth for companies.

Matthew Boyle | Bloomberg Companies that allow remote work experience four times faster revenue growth than those that stick to in-office presence, a new survey shows, adding more fuel to the debate over productivity and performance in today’s workplace. An analysis of 554 public companies employing a total of 26.7 million people found that “fully … Read more

When Mester was about to retire, the Cleveland Fed began looking for a new leader

Federal Reserve Bank of Cleveland President and CEO Loretta J. Meister visited Teton National Park, where financial leaders from around the world had gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, US. REUTERS/Jim Urquhart/File photo obtained by license rights NEW YORK, Nov 8 (Reuters) – The Cleveland Federal Reserve said on Wednesday it … Read more

Exclusive: Trucking firm prepares long-term bid for yellow, seeks US Treasury support

Semi truck trailers are parked near the Otay Mesa border crossing between the U.S. and Mexico after the company filed for bankruptcy protection in San Diego, California, U.S., August 7, 2023. REUTERS/Mike Blake, license rights acquired Oct 30 (Reuters) – One of the largest private U.S. auto transport companies is quietly mounting a long-term bid … Read more

Work – trade secrets – change

US District Court When a plumbing company seeks a preliminary injunction against one of its former employees, the request must be granted in part because the company has raised trade secrets claims and the possibility of success on the conversion claim. “Plaintiff and Counterclaim Defendant G&L Plumbing, Inc. (‘G&L’) is a Massachusetts-based plumbing company. G&L … Read more