Aptiv Q2 net income soars
Aptiv also announced the start of a $5 billion share repurchase program......»»
Some subreddits could be paywalled, hints Reddit CEO
Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income. Huffman raised the prospect during an earnings call in which he said Reddit would also be testing AI-power.....»»
Adient net income plummets 69% in fiscal Q3 amid delayed launches, Europe troubles
Despite challenges in Europe, the global seating supplier sees promising growth opportunities with Chinese automakers......»»
Sonic Automotive Q2 net income jumps despite CDK outage
Sonic Automotive's net income nearly doubled in the second quarter despite an outage related to the CDK cyberattacks......»»
AWS revenue growth soars once again as Amazon CEO calls for more AI
Amazon CEO Andy Jassy looks to up AWS capacity for AI even further......»»
CDK outage fuels 86% drop in Asbury Q2 net income
Lost business and one-time costs related to the CDK Global outage contributed to an 86 percent drop in Asbury's net income, though the retailer managed to post record revenue of $4.2 billion......»»
Aptiv Q2 net income soars
Aptiv also announced the start of a $5 billion share repurchase program......»»
Disparity dynamics: Geographic impact of social transfer programs on income inequality
Social transfer programs have significant geographic differences in spending that help to reduce income gaps between rich and poor regions of the United States, according to new University of Michigan research......»»
Economic prospects brighten for children of low-income Black Americans, study finds
Economic prospects have improved in recent years for Black Americans born poor, according to new research from Opportunity Insights. At the same time, earnings have fallen for white Americans from low-income families......»»
Lithia net income down 28% in Q2 despite record revenue of $9.2B
Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the car dealership group generating record revenue for that earnings period......»»
Carvana Q2 net income swings to $48 million; revenue up 15%
The online used-vehicle retailer said it sold 101,440 used vehicles in the second quarter, up 33 percent from the year-earlier period......»»
James Gunn’s Superman wraps filming: ‘I am forever grateful’
James Gunn has announced the completion of filming on Superman, which soars into theaters next summer. Gunn expressed his gratitude in a social media post......»»
AutoNation net income, revenue harmed by CDK cyberattacks
AutoNation Inc. reported a massive drop in net income due in part to lost revenue and hits to vehicle sales stemming from the June 19 CDK Global cyberattacks.....»»
Penske Automotive Q2 net income falls 20% on higher interest costs
Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»
Guaranteed income programs unlikely to improve health but still a valuable tool for alleviating poverty
Guaranteed income programs don't appear to improve the health of recipients, but they remain an important tool to consider for reducing poverty, according to research from University of Michigan and others......»»
Environmental, social initiatives lead to greater returns for hospitality firms in high-income nations
Global sustainability initiatives like the environmental, social and governance (ESG) investing principle may lead to greater financial gains for hospitality firms in high-income countries but not in low-income nations, according to new findings from.....»»
Low-income homes drop Internet service after Congress kills discount program
Charter CEO says "customers' ability to pay" a concern after $30 discounts end. Enlarge / A Charter Spectrum vehicle. (credit: Charter) The death of the US government's Affordable Connectivity Program (ACP) is starting t.....»»
Research shows gig workers can boost earnings by building social skills
More than 50 million workers in the United States are part of the gig economy, either to supplement their main income or as their full-time job. New research by University of Alabama at Birmingham Collat School of Business professors Paul M. Di Gangi.....»»
Gentex Q2 net income falls 21% on lower vehicle production
The mirror supplier said net income and revenue declined after a drop in light-vehicle production......»»
US solar production soars by 25 percent in just one year
2024 is seeing the inevitable outcome of the building boom in solar farms. Enlarge (credit: Vithun Khamsong) With the plunging price of photovoltaics, the construction of solar plants has boomed in the US. Last year, for.....»»
Lear says Q2 earnings rise on record sales, lowers outlook amid EV uncertainty
Lear reported record sales and a modest gain in second-quarter net income as the company brings more automation technology in-house and adjusts to rapidly changing EV strategies......»»