General Motors has announced a sweeping restructuring that will shutter $102 million worth of production capacity and lay off roughly 1,700 workers, sending shockwaves through Michigan’s auto belt.

DS Automobiles struggled with just 42,000 global sales in 2024, down 24% from the previous year. Trump suffers fact check over Rep. Omar Yale professor’s father charged in mother’s decades-old murder, ...

Simply sign up to the Management consulting myFT Digest -- delivered directly to your inbox. You may not have read McKinsey’s Global Banking Annual Review 2025, published in late October. After all, ...

Defense Secretary Pete Hegseth has shuttered a nearly century-old committee created to expand the role of women in the military, part of a broader effort to redefine the image of the armed forces. The ...

Performances in N.Y.C. A new work by Axis Dance Company, “Kinematic/Kinesthetic,” uses mobility technologies to reshape ideas about moving and about the devices ...

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Axis Bank Ltd plans to raise 200 billion rupees ($2.3 ...

A little over 30 years ago, Howard Hardy visited a cousin who was chopping wood with an axe he said was made in Oakland. Intrigued, Hardy began keeping an eye out for other locally crafted cutting ...

The British publisher Tilted Axis specialized in innovative translated literature. It won them major awards. Now they’re coming to the U.S. By Alexandra Alter A few years ago, the translator Jeremy ...

GSK has stopped (PDF) development of one of the lead programs from its $2.1 billion Affinivax takeover, axing a phase 2 pneumococcal 24-valent vaccine candidate for adults in favor of a preclinical 30 ...

Animation and VFX company Axis Studios has closed down, laying off 162 people. Perhaps best known in games for the stunning "backwards" Dead Island cinematic teaser, Glasgow-based Axis called in the ...