Stocks

GM buys SoftBank's stake in its driverless car unit Cruise

General Motors Co. said it is buying out SoftBank Vision Fund L.P.'s stake in its Cruise division for $2.1 billion, roughly four years after the Japanese investment firm joined the car maker in betting on driverless-car technology.

New ETF looks to target S&P 500's most volatile stocks

An application has been filed with the Securities and Exchange Commission on Wednesday to launch the Volatility Shares S&P 500 High Volatility Index ETF, which would invest in some of the most-volatile stocks in the S&P 500.

AMC Entertainment buys stake in gold, silver miner Hycroft

As AMC Entertainment works toward a full recovery from the COVID-19 pandemic, CEO Adam Aron has announced the movie theater chain is making a "bold diversification move" by purchasing a stake in gold and silver miner Hycroft.