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...GM will cut $2bn in costs over the next two years through attrition and limited recruitment, chief financial officer Paul Jacobson said, adding that the carmaker was not planning job cuts....
...Paul Lee, head of stewardship at the investment consultancy Redington, says if companies want to keep and motivate executives with in-demand skills, they should consider shifting from upfront payouts to...
...Last month, GM announced $650mn to develop the Thacker Pass mine in Nevada, the US’s largest known source of lithium....
...It also has royalty over the Thacker Pass Lithium Project in the US. At spot prices, these two deals alone could generate around $75mn a year of revenue if the projects reach their full potential....
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