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The headquaters of US auto company General Motos (GM) in Detroit, Michigan.Uli Deck | Picture Alliance | Getty ImagesDETROIT – General Motors laid off more than 200 salaried employees on Friday, as the automaker continues to reevaluate its businesses and cut costs to boost profits.The impacted employees were largely Computer-Aided Design, or CAD, engineers who worked at the company’s global tech campus in metro Detroit, according to GM.”We’re restructuring our design engineering team to strengthen our core architectural design engineering capabilities,” GM said in an emailed statement. “As a result, a number of CAD execution roles have been eliminated. We…

Avoya Travel Network Chief Executive Officer Marc Kazlauskas stage (Source: Avoya Travel)Avoya Travel Network is unquestionably a host agency to watch in the coming years, as it raises the bar on its travel advisor and agency offerings and programs under new leadership. On the heels of its highly successful Annual Conference, the company hosted a press conference during which Avoya executives discussed the future of the company, which was fully acquired by Certares, an equity investment firm, in June.“I will say this isn’t a next chapter for Avoya – it’s a new era,” said Sam McCauley, Avoya’s senior vice president…

On Friday, WordPress maker Automattic filed its counterclaims in the lawsuit initiated by hosting company WP Engine in October 2024, which had accused Automattic and its CEO, Matt Mullenweg, of defamation and abuse of power. Automattic believes that WP Engine has been abusing the WordPress trademark and has engaged in deceptive marketing practices, without properly giving back to the open source community. As a result, Automattic took action against WP Engine last year, which included calling the hosting provider a “cancer to WordPress” and sending it a cease-and-desist letter claiming WP Engine had breached its trademark usage rules. As the battle continued, Automattic banned WP Engine from…

A row of lacquered gondolas sat empty, bobbing in the opalescent waters of Venice’s Grand Canal. Several yards away, the white expanse of the city’s iconic Rialto Bridge stretched across the waterway, nearly vacant except for the handful of tourists huddled under its stone arch.In the summer months, when Venice becomes rife with tens of thousands of daily visitors, this section of the city is usually ground zero for tourist overcrowding. But I was visiting on a chilly morning in late March, with marbled clouds that hung low over the city. That day, the scene felt so vacant that when…

With TechCrunch Disrupt 2025 in less than 3 days, we’re loading up Moscone West with 200+ can’t-miss sessions — including breakout sessions led by top leaders across the tech and startup ecosystem. Breakout sessions are tailored for hands-on learning and tactical takeaways. These first-come, first-served rooms put you shoulder-to-shoulder with operators, founders, and investors building what’s next. Don’t miss your chance to pocket ticket savings and join these breakouts! Register now to save up to $444 on your pass, and get 60% off a second before prices increase when event doors open on October 27. The complete Disrupt 2025 breakout…

IRVINE, Calif. — Taco Bell is going all in on beverages, starting with its Live Más Café concept.The Yum Brands chain unveiled the drink-focused store format last December, with the first location in Chula Vista, California. Ten months later came the second location, near the University of California, Irvine, campus. By the end of the year, Taco Bell is projecting that it will have 30 Live Más Cafés in its portfolio, across Southern California, Dallas and Houston.Unlike McDonald’s now-defunct CosMc’s spinoff, which had its own standalone locations, the Live Más Café lives inside existing Taco Bell restaurants. Customers order at…

Celebrity Cruises has taken delivery of its newest cruise ship, Celebrity Xcel, at the Chantiers de l’Atlantique shipyard in Saint-Nazaire, France.The cruise line also announced the name of Xcel’s sister ship and its sixth Edge Series vessel, introducing Celebrity Xcite with a ceremonial steel cutting and construction launch this week. Celebrity Xcel will set sail in November with seven brand new spaces and an inaugural season from Fort Lauderdale featuring seven-night itineraries alternating between The Bahamas, Mexico, Cayman Islands, and Puerto Plata, St. Thomas and St. Maarten.In summer 2026, Celebrity Xcel will venture across the Atlantic Ocean to make her…

Battery recycling and cathode production company Redwood Materials has raised $350 million as it grows its new energy storage business in a bid to power the AI data center boom. The Series E round, led by venture firm Eclipse, also included a new strategic investment by Nvidia’s venture capital arm, NVentures. The company’s valuation was not disclosed, but a source familiar with the round told TechCrunch it was about $6 billion, a billion higher than its previous valuation. The funds will be used to expand the company’s burgeoning energy-storage business as well as its refining and materials production capacity. Redwood,…

Compassionate Eye Foundation/david Oxberry | Digitalvision | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Family offices have been investing with more caution since President Donald Trump’s tariff announcement in early April, according to a recent survey released by RBC Wealth Management and research firm Campden Wealth.In a poll of 141 investment firms of ultra-wealthy families in North America, the majority (52%) of respondents said cash and other liquid assets would offer the best returns over…

Good news for budget fliers looking to book an affordable U.S. getaway: economy airfares in the top 10 largest markets within America actually have gotten slightly cheaper in 2025, according to new data. Aviation analytics firm OAG examined ticket prices in the 10 largest city pairs in the U.S. air travel market and found that most of the average airfares for 2025 have trended downward.  The largest price reduction so far this year has been on fares from Las Vegas (LAS) to Los Angeles (LAX), which have been 7% cheaper in 2025 than in 2024. Throughout the year, Las Vegas has…