Ally net income surges 82% in Q4
The past year presented one of the most complex operating environments in Ally's history, CEO Jeff Brown told investors......»»
Canada follows Europe with digital services tax likely to hit Apple
Canada is introducing a new digital services tax starting this year, which will see foreign tech giants like Apple and Google receive tax demands for income earned in Canada but not currently taxed there. This follows the example of several Europe.....»»
John Oliver uses a brutal parody ad to take aim at Medicaid
John Oliver has broken down the issues with Medicaid during the latest episode of "Last Week Tonight". Medicaid, the public health program for low income families, has a number of issues, ranging from people abruptly losing their coverage to or.....»»
Tandem heat waves, storm surges increasingly batter coasts: Study
Coastal communities need to prepare for simultaneous extreme weather events as heat waves increasingly overlap with surges in sea levels due to climate change, a study published on Thursday warned......»»
Compulsory income management doing more harm than good, Australian study finds
Compulsory income management (CIM) in the Northern Territory is perceived to be ineffective in reducing harm, can contribute to situations of family violence and is incompatible with the needs of welfare recipients, a new study led by Charles Darwin.....»»
Economist: Tens of billions of dollars in forest products are being overlooked
In the Roman Empire, custom taxes on spices, black pepper in particular, accounted for up to a third of the empire's annual income. During the late Middle Ages, European efforts to cut out middlemen and monopolize the spice trade led to colonization.....»»
EV prices drop up to 20% as new and used inventory surges
Inventory is growing, and prices are falling for new and used EVs. Enlarge (credit: Getty Images) Among the many things upended by the pandemic was the traditional American car-buying experience. Factories were idled to.....»»
CarMax Q4 net income falls 27% to $50M; revenue slips 1.7%
The company sold 172,057 retail used vehicles in its fiscal fourth quarter, up 1.3 percent from the year-earlier period. Same-store used-vehicle sales rose 0.1 percent......»»
Are the world"s cultures growing apart?
Cultural values may have become more different globally, but more similar regionally, over the past 40 years according to a paper published in Nature Communications. The authors suggest that over time, high-income Western countries have grown increas.....»»
Reducing production and consumption growth in high-income countries: Is it good for tackling climate change?
A new study led by Jarmo Kikstra, a research scholar in the IIASA Energy, Climate, and Environment Program, explores whether reducing production and consumption growth could make a significant contribution to resolving the climate crisis......»»
Group 1 Automotive bought at least 9 stores in 3 major deals in Q1
After reporting a sharp drop in net income in the fourth quarter of 2023, CEO Daryl Kenningham promised to be aggressive with acquisitions......»»
Tropical cyclones may be an unlikely ally in the battle against ocean hypoxia
Tropical cyclones, also known as hurricanes and typhoons, are meteorological phenomena that occur over tropical and subtropical oceans experiencing low atmospheric pressure, where water vapor from the warm oceans condenses to produce spiraling cloud.....»»
There"s no need for a handheld Xbox console – we already have them
Rumors of a potential handheld Xbox have gathered pace yet again, but with game streaming and the Steam Deck and Asus ROG Ally I don’t see the point of such a device......»»
Ally Financial appoints new CEO
Michael Rhodes will be taking over Ally Financial Inc. as CEO effective April 29, replacing former CEO Jeffrey Brown, who stepped down at the end of January 2024 to take a role as president of Hendrick Automotive Group......»»
Home renovations for Europe"s low-income families boost
Upgrading social housing is a central part of EU projects to make city life healthier and happier......»»
Do school grades influence parental support?
The Max Planck Institute for Demographic Research (MPIDR) has researched parents' support behavior in relation to school grades. The study shows that low-income families support their children equally regardless of grades, while parents from higher-i.....»»
How guaranteed income affected a New Jersey city
In a report authored by the Center for Guaranteed Income Research (CGIR) at Penn's School of Social Policy & Practice (SP2), findings from the Paterson Guaranteed Income Pilot Program (GIPP) reveal connections between unconditional cash and recipient.....»»
Tax-related scams escalate as filing deadline approaches
As the April 15, 2024 tax filing deadline approaches in the US, some old and some new tax-related scams targeting both taxpayers and tax professionals. Tax-related scams targeting taxpayers With taxpayers rushing to file their personal federal income.....»»
Removing Washington salmon barriers surges to $1M a day, but results are murky
The coho salmon has already conquered the Ballard Locks fish ladder, swum 17 miles through urban Seattle waterways and powered through a tunnel under nine lanes of Interstate 405......»»
Four most polluted national park sites are in California
A couple years ago, as part of the Sierra Club's Outdoors for All campaign, Roberto Morales took a group of low-income Los Angeles area residents north to Sequoia National Park to help with a forest restoration project......»»
Gender equity: "It"s where you live that counts," says Australian study
Western Sydney University has released new research highlighting a significant spatial gap in the income levels between women in Western Sydney and the rest of Sydney......»»