Morning Business Report: GM turns to AI to compete with Chinese automakers as Social Security updates records
General Motors says artificial intelligence will play a major role in helping the company remain competitive as Chinese automakers rapidly introduce new vehicles equipped with advanced technology.
(LILAMAX)- General Motors says artificial intelligence will play a major role in helping the company remain competitive as Chinese automakers rapidly introduce new vehicles equipped with advanced technology.
Chinese manufacturers have challenged established automakers by developing and releasing new models at a faster pace.
GM also announced plans to overhaul its vehicles’ computer systems and significantly reduce the cost of electric vehicle batteries.
Meanwhile, the Social Security Administration is making changes to its database to improve the accuracy of its records.
Since the beginning of the Trump administration, the agency has made corrections affecting nearly 15% of all active Social Security numbers.
The updates include adding dates of death to records and correcting missing citizenship information.
The agency has not said whether those changes have affected anyone’s benefit payments or eligibility.
Accurate records are important for ensuring Social Security recipients receive the correct benefit amounts.
On Wall Street, stocks posted significant gains Wednesday, supported by strong corporate earnings and declining oil prices.
In restaurant news, Cracker Barrel is preparing for the holiday season with new menu items, returning favorites and Thanksgiving meals customers can enjoy at home.
According to a company news release, the restaurant chain’s 2026 holiday lineup includes cinnamon swirl pancakes, a country fried turkey sandwich, seasonal beverages and traditional comfort-food favorites.
Customers can also order Heat & Serve Thanksgiving meals for pickup and preparation at home.
A new survey is also examining how physical changes and major life events affect Americans’ sense of identity.
Research conducted by Revance and Talker Research found that more than half of respondents reported experiencing a loss of identity.
Weight changes, major life events and aging-related changes were among the most commonly reported factors.
Among respondents who experienced a loss of identity and used GLP-1 medications, 67% said those feelings began before using the medications, while 24% reported experiencing them afterward.
The findings highlight how changes in appearance and life circumstances can influence how people view themselves.
