Ford to pay $365 million over effort to evade U.S. import tariffs
Ford Motor will pay $365 million to resolve U.S. allegations it violated a federal tariff law by misclassifying and understating the value of hundreds of thousands of its Transit Connect vehicles......»»
2024 Acura ZDX born from ‘good collaboration" with General Motors, chief engineer says
Acura worked closely with General Motors to ensure that the co-developed ZDX midsize crossover hit the import brand's performance goals......»»
5 key takeaways from April U.S. sales reports
U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»
Ransom recovery costs reach $2.73 million
Average ransom payment has increased 500% in the last year, according to Sophos. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are just one part of the cost. Excluding ransoms.....»»
Research explores energy and land-use practices on US golf courses
In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»
International team cracks genomic code for earliest forms of terrestrial plant life
Plant life first emerged on land about 550 million years ago, and an international research team co-led by University of Nebraska–Lincoln computational biologist Yanbin Yin has cracked the genomic code of its humble beginnings, which made possible.....»»
Weak magnetic field may have supported diversification of life on Earth
An unusual reduction in the strength of Earth's magnetic field between 591 and 565 million years ago coincided with a significant increase in the oxygen levels in the atmosphere and oceans, according to a paper published in Communications Earth & Env.....»»
This is what dismantling the Apple Car project looks like
In February this year, we learned that after more than a decade of work, Project Titan – the Apple Car effort was officially canceled. Naturally, details have been sparse around the topic as it was a secret project. But today an interesting detail.....»»
Women rising in cybersecurity roles, but roadblocks remain
The ISC2 study on women in cybersecurity, a comprehensive research effort that collected responses from 2,400 women, has revealed several significant findings. These include promising trends in women’s entry into the profession, their roles wit.....»»
Study finds distinct patterns lead to domestic partner homicide
A new study has explored the complex patterns which lead to an intimate partner homicide (IPH), in an effort to better understand and prevent the tragic event happening......»»
Q&A: Jobs for young Africans—new data tool reveals trends and red flags
An estimated 23.6 million young Africans (aged 15–35) are unemployed—that's one in 22 (4.5%). With this number projected to grow to 27 million by 2030, the need for jobs is critical. But the key to good policies for job creation is good data......»»
Ford launches AI-powered dealership training platform
The automaker is rolling out Ford University, a digital platform that utilizes AI to train dealership employees on selling vehicles and improving their relationships with customers......»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Triangulation fraud: The costly scam hitting online retailers
In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among m.....»»
iPad at war: How the iPad is crucial to the Ukraine war effort
The iPad is being used for an unusual purpose in the Ukraine-Russia conflict — they're helping the Ukraine Air Force use modern weapons on older fighter jets.An iPad in a jet [X/OSINTtechnical]One of the problems of using older vehicles in war is t.....»»
FCC fines big three carriers $196M for selling users’ real-time location data
FCC finalizes $196M penalties for location-data sales revealed in 2018. Enlarge (credit: Getty Images | SOPA Images ) The Federal Communications Commission today said it fined T-Mobile, AT&T, and Verizon $196 million "fo.....»»
Asbury Automotive says 10 dealerships are up for sale
Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 dealerships — after selling a Jim Koons Lexus site in Delaware to MileOne Autogroup in March......»»
Hubble spots magnificent barred galaxy NGC 2217
The magnificent central bar of NGC 2217 (also known as AM 0619-271) shines bright in the constellation of Canis Major (The Greater Dog), in this image taken by the NASA/ESA Hubble Space Telescope. Roughly 65 million light-years from Earth, this barre.....»»
Ford BlueCruise driver assist under federal scrutiny following 2 deaths
NHTSA has opened an investigation after two separate fatal crashes at night. Enlarge / BlueCruise allows drivers to take their hands off the wheel but not their eyes off the road. (credit: Ford) The federal regulator res.....»»