"GM's Cruise Addresses Controversies and Losses in Self-Driving Car Venture"

GM's Cruise unit raised its offer to settle an investigation by a California regulator over its delayed disclosure of a pedestrian crash involving one of its self-driving cars, offering to pay $112,500 to resolve the case. The California Public Utilities Commission had accused Cruise of misleading the agency and the public through omission regarding the seriousness of the accident. The company has also pledged to boost its reporting of collisions to the commission and has made extensive changes following the October crash, including firing nine executives and updating its software.