GM to lay off 800 workers at Detroit plant that will be retooled to make electric vehicles

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GM to lay off 800 workers at Detroit plant that will be retooled to make electric vehicles

General Motors will lay off 814 hourly and salaried workers at its assembly plant on the border of Detroit and Hamtramck, Michigan, starting Feb. 28. The workers will be relocated and the plant will be retooled for a new line of electric vehicles to start …
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Ujjivan Small Finance Bank's $105 mln IPO gets massive investor response

BENGALURU, Dec 4 (Reuters) – Shares of Ujjivan Small Finance Bank were subscribed over 165 times on Wednesday, the final day of its initial public offering through which the lender aims to raise up to 7.50 billion rupees ($104.50 million). Investors bid for …
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Royal Bank of Canada profit misses estimates on weak equity trading

Royal Bank of Canada missed estimates for quarterly profit on Wednesday, on declines across several segments, while smaller rival National Bank of Canada prevailed over the industry’s challenges to post better-than-expected growth. By Nichola …
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In court, Tesla's Elon Musk dances around meaning of 'pedo guy' tweet

LOS ANGELES (AP) — Elon Musk has owned up to insulting a British spelunker in a rash tweet, but wouldn’t concede on the witness stand that he called the man a pedophile. The Tesla CEO returns to the witness stand Wednesday after spending several …
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A UK bank is testing a key fob that uses your fingerprint to make payments

U.K. bank NatWest has launched a trial of a payment fob that uses biometric fingerprint technology. In an announcement Wednesday, the bank said 250 customers would take part in the pilot, which will last three months. The fobs work with current Chip and …
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