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Tom Gores buys LA Chargers stake for $750 million

Tom Gores buys LA Chargers stake for $750 million

Detroit Pistons team owner Tom Gores claps during the press conference on July 30, 2021 at the Pistons Performance Center in Detroit, Michigan. Nic Antaya | Getty Images Sport | Getty ImagesPrivate equity billionaire Tom Gores has agreed to pay $750 million to buy 27%...
GM updates highly profitable large SUVs

GM updates highly profitable large SUVs

DETROIT – General Motors has updated its highly profitable large SUVs for Chevrolet for the 2025 model year to defend the brand’s long-standing segment leadership.The Detroit automaker’s Chevrolet Tahoe and Suburban have led the mainstream full-size SUV...