Adient"s Q2 revenue grows, but headwinds hurt profits
The automotive seating supplier saw revenue rise 11 percent year over year to $3.9 billion, though it finished the quarter $15 million in the red......»»
Lithia Motors enters north Florida, buys 3 dealerships
Lithia expects the stores to add more than $200 million in annual revenue......»»
DOJ claims Google has “trifecta of monopolies” on Day 1 of ad tech trial
Ad tech monopoly trial may hurt Google more than DOJ’s search case, experts say. Enlarge / Karen Dunn, one of the lawyers representing Google, outside of the Albert V. Bryan US Courthouse at the start of a Department of Justice.....»»
Mathematical modeling explores the statistical mysteries of successfully scheduling a meeting
In a world where organizing a simple meeting can feel like herding cats, new research from Case Western Reserve University reveals just how challenging finding a suitable meeting time becomes as the number of participants grows......»»
Neutral news sources could exploit today"s polarized mediascape to boost revenue—why they may choose not to
Even news outlets perceived as politically neutral can benefit from today's polarized media environment......»»
U.S. new-vehicle market ‘stuck" as buyers wait for relief, sellers try to hang on to profits
The August selling rate was just 15.1 million, disappointing given the addition of the holiday weekend and a sign that cash-strapped consumers are waiting to make big purchases in uncertain times......»»
Unveiling the molecular mechanisms linking aging with neurodegenerative diseases
Aging is the prime cause of neurodegenerative diseases, such as Alzheimer's disease, Parkinson's disease, and amyotrophic lateral sclerosis. But what exactly increases the prevalence of these brain disorders as one grows older? The molecular forces l.....»»
Companies are crafting new ways to grow cocoa, and chocolate alternatives, to keep up with demand
Climate change is stressing rainforests where the highly sensitive cocoa bean grows, but chocolate lovers need not despair, say companies that are researching other ways to grow cocoa or develop cocoa substitutes......»»
Chocolate"s future could hinge on success of growing cocoa not just in the tropics, but in the lab
Climate change is stressing rainforests where the highly sensitive cocoa bean grows, but chocolate lovers need not despair, say companies that are researching other ways to grow cocoa or develop cocoa substitutes......»»
AI can mitigate bias against women in loan decisions and boost lenders" profits and reputations
Recent research from the University of Bath shows discrimination against women worsens if Artificial Intelligence (AI) is used by lenders for loans, but that ethical lenders could choose to tweak the AI algorithms to address this bias and still impro.....»»
iPhone 15 Pro grows US sales as Apple"s market share slumps
Apple's iPhone sales in the United States were down in July despite overall market growth, but the iPhone 15 Pro was a bright spot for the company's shipments.Cameras on an iPhone 15 ProThe iPhone is the most popular smartphone brand in the United St.....»»
Vinnie Johnson"s Piston Group wins scathing verdict in longtime minority certification fight
The verdict ends a legal feud that’s been stewing since early 2021. At stake was a lucrative minority certification that helped the auto supplier win business from automakers. The fast-growing supplier has topped $3 billion in revenue and employs 1.....»»
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»
iPhone 16 will lead Apple to record high $400 billion revenues in 2024
Apple is now expected to exceed $400 billion in annual revenue in 2024, with this record high driven by all of its hardware such as the iPhone, plus another record high for Services.Renders of the iPhone 16 rangeIt's estimated that when Apple was inc.....»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»
At Honeymoon Island State Park, urgency grows to defend "the real Florida"
For Terry Fortner, the fight to save Honeymoon Island State Park from proposed development is personal. Nearly 130 years ago, just offshore from here, her grandmother Myrtle Scharrer was born in a pioneer home on Caladesi Island. She lived for decade.....»»
South Africa"s scarce water needs careful management—study finds smaller, local systems offer more benefits
South Africa is a water-scarce country, the 30th driest in the world. Using water wisely will become more and more important as the population grows and droughts related to climate change increase. A lack of clean, fresh water has a negative impact o.....»»
Zoom calls aren"t going anywhere yet - and could soon get even more AI
Pandemic success and staying on trend when it comes to AI has kept Zoom’s revenue heading upward......»»
GM works to snuff out glitches as it eyes big software profits
GM believes software will be a huge revenue driver in the coming years, but resolving problems before vehicles launch and staying nimble have been challenges......»»
Mazda incentives soar, putting pressure on profits, upmarket move
Spiraling incentives nearly wiped out Mazda's operating profit in the latest quarter, as the company spent more to sell more. Volume and market share are growing. But it comes at a big price, with U.S. spiffs nearly double their level a year ago......»»
Lufthansa is using artificial sharkskin to streamline airplanes
Copying a trick from the animal kingdom can help cut aircraft emissions. Enlarge (credit: Aurich Lawson | Getty Images) Companies are often caught between wanting to cut emissions but also grow profits. But for airlines,.....»»