GM Cruise raises $1.15 billion from SoftBank and Honda

GM Cruise, the self-driving vehicle company, has managed to raise $1.15 billion in new equity from a group of investors the likes of which include T.Rowe Price Associates, SoftBank, Vision Fund, Honda and it’s parent company GM. The company is pushing to launch a fully functional ride-hailing service this year. The investment increases GM Cruise’s… Read More GM Cruise raises $1.15 billion from SoftBank and Honda

Trump tariff threats against China make oil prices fall

President Donald Trump said he will be sharply increasing tariffs on Chinese goods this week, another bold and unexpected move that sent investors into turmoil. Get it? Turm-oil. You’ll get it later. This announcement by the president caused oil prices to drop on Monday as his decision could jeopardise trade talks between two huge economies.… Read More Trump tariff threats against China make oil prices fall

Uber prepares for an IPO next week whilst drivers prepare for strike

Uber is preparing for their much anticipated IPO next week. Their first day of trading will be on Friday on the New York Stock Exchange, which is pretty nerve-racking, but that’s not the only thing Uber have to worry about with ride-hailing drivers looking to go on strike a couple of days before the company… Read More Uber prepares for an IPO next week whilst drivers prepare for strike

Disneyland’s Star Wars: Galaxy’s Edge park reservations sold out in under two hours

On Thursday Disneyland started accepting reservations from fans who want to experience the park, in all it’s glory, before anyone else gets their mitts in. The reservation list was full in less than two hours. The $1 billion attraction is expected to attract a huge amount of visitors, so much so that Disney had made… Read More Disneyland’s Star Wars: Galaxy’s Edge park reservations sold out in under two hours