GM Financial Q1 net income slips 8%
The captive said lease originations rose, while retail loans fell......»»
Big AI companies sign safety pledge
Promise not to deploy AIs if severe risks cannot be addressed and mitigated. Enlarge (credit: Financial Times) Leading artificial intelligence companies have signed up to a new round of voluntary commitments on AI safety.....»»
Understanding cyber risks beyond data breaches
While some may associate cyber risks primarily with technology and data breaches, they can also lead to brand or reputational harm, reduced productivity, and financial losses. This Help Net Security round-up presents excerpts from previously recorded.....»»
SEC requires financial institutions to notify customers of breaches within 30 days
The Securities and Exchange Commission (SEC) announced the adoption of amendments to Regulation S-P to modernize and enhance the rules that govern the treatment of consumers’ nonpublic personal information by certain financial institutions. The ame.....»»
Low-income groups bear greater health burden in food systems: Study
Across regions where food is produced, emissions from agriculture pose health risks to local populations. Among them, low-income groups are hit the hardest, a study published in Nature Food by researchers at Peking University (PKU) and collaborators.....»»
Financial institutions have 30 days to disclose breaches under new rules
Amendments contain loopholes that may blunt their effectiveness. Enlarge (credit: Brendan Smialowski / Getty Images) The Securities and Exchange Commission (SEC) will require some financial institutions to disclose secur.....»»
GTA 6 will launch late in 2025 according to Take-Two financial report
You'll be waiting until the end of 2025 for GTA 6, according to Take-Two's latest financial report......»»
Why banks consider renewable energy to be a riskier investment than fossil fuels
The financial sector is among the world's most heavily regulated industries—and for good reason. Financial rules, which force banks to hold capital in reserve when making riskier investments, are designed to prevent financial crises. Other financia.....»»
Are you meeting your cyber insurance requirements?
Cyber insurance policies are specifically designed to offer financial protection to organizations in the face of cyber attacks, data breaches, or other cybersecurity incidents. While they can provide a sense of security, it’s crucial to be awar.....»»
Subaru to team with Toyota on 3 new EV crossovers through 2026; net income soars
Subaru says it will lean on Toyota for next three all-electric crossovers and shift production of the best-selling Forester, including a new hybrid version, to the U.S. Meanwhile, annual net income nearly doubled to 385.1 billion yen ($2.55 billion)......»»
Struggling Our Next Energy taps consultant to help battery maker raise funds
Electric vehicle battery startup Our Next Energy Inc. hired a Chicago-based financial consultant specializing in distressed businesses in its quest to rebound from a failed Series C fundraising round. The suburban Detroit battery manufacturer rece.....»»
CarGurus reports net income jump, more digital wholesale losses
The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»
Accounting change drives down Cars Commerce Q1 net income
Cars Commerce's 2023 acquisition of D2C Media helped promote revenue gains, and price increases helped boost average revenue per dealer......»»
The top 10% are the main beneficiaries of globalization, says study
The income of many people around the world has considerably increased due to the economic globalization of the last 50 years. However, these income gains are unevenly distributed. A study by Dr. Valentin Lang, junior professor of political economy at.....»»
Mitsubishi eyes U.S. market EV from Nissan as North America takes center stage
Mitsubishi CEO Takao Kato books record operating income and says North America has swapped places with Southeast Asia to become its earnings engine......»»
Sling TV slips below 2 million subscribers, and it seems OK with that
Sling TV's owners are focusing on getting fewer subscribers to pay more, rather than worrying about growing the streaming TV service......»»
Openlane Q1 earnings: Net income rises 46%; revenue down 1%
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter......»»
American Axle Q1 revenue, profit climb
American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»
Law fails victims of financial abuse from their partner, research warns
Victims of financial abuse from their partner in England and Wales are being failed by an "inadequate" legal response, new research warns......»»
What did we learn from Tim Cook’s comments yesterday?
There were no surprises in Apple’s earnings report yesterday, with the company reporting close to the $5B year-on-year fall in revenue it had warned us to expect. Analysts got their usual chance to question CEO Tim Cook and chief financial offic.....»»
Apple blows away Wall Street earnings estimates, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple beat earnings estimatesFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the s.....»»