AutoNation Q4 net income slips 26% while revenue rises 1.7%
AutoNation's new-vehicle retail sales increased 4.3 percent in the quarter compared with the year-earlier period, but used-vehicle retail sales dropped 9.2 percent......»»
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.....»»
Study identifies increased threat to coastlines from concurrent heat waves and sea level rises
Concurrent occurrences of heat waves and extreme short-term sea level rises at the same coastal locations significantly increased between 1998 and 2017 when compared to the preceding 20 years, reports a study published in Communications Earth & Envir.....»»
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.....»»
BMW reveals new products, retail strategy at dealer meeting
BMW will use technology and data sharing with dealerships to improve the customer experience and drive loyalty and after-sales revenue......»»
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......»»
Drones Statistics 2024 By Country-Wise Revenue Comparison And Top Manufacturers
Introduction Drones Statistics: In recent years, the drone industry […] Introduction Drones Statistics: In recent years, the drone industry has gained huge popularity across several consumer and industrial segments worldwide. Advanced.....»»
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......»»
People who work from home are less likely to get pay rises and promotions, finds research
People who work from home all or part of the time are less likely to get pay rises and promotions, the first post-COVID research project into the WFH phenomenon has found......»»
Canoo spent more on private jet than its revenue amid cash problems
Troubled electric vehicle startup Canoo spent twice as much as its revenue in 2023 on private jet usage for its CEO amid a capital shortage and waning EV demand......»»
Gulf States Toyota names longtime exec Williamson as president
Gulf States Toyota, which distributes vehicles to 150-plus Toyota dealerships in five states, has named Eric Williamson as its new president. He succeeds Jeff Parent, who left last year to become COO of AutoNation......»»
AutoNation reportedly looking at Inchcape"s UK retail auto operations
AutoNation is reportedly exploring a bid to buy the U.K. operations of Inchcape, an automotive retail, distribution and services company with a presence in more than 40 markets globally......»»
A quarter of Apple"s revenue will come from Services by 2025
New research predicts that the success of the Apple One bundle will lead to Services accounting for more of Apple's revenue than any other category bar the iPhone.Apple Services are bundled in various tiers of Apple OneWhile analysts are concentratin.....»»
EV startup Canoo"s 2024 revenue forecast disappoints, shares tumble
The company reported a net loss of $302.6 million for the year ended Dec. 31, compared with losses of $487.7 million a year earlier......»»
Apple likes Services revenue, so you should listen to this podcast, claims report
Want to be featured on the App Store? Develop a new feature that uses Apple’s latest technologies. Looking for a similar featured spot on Apple Podcasts? Consider charging listeners for your podcast. more….....»»
Loop Capital cuts AAPL price target to $170 over weak iPhone demand
Projecting that Apple's annual revenue will decline in 2024, investment firm Loop Capital says iPhone demand is too soft.iPhone 15 Pro colorful lineupOther investment firms such as JP Morgan are predicting a recovery for Apple in China, while ones li.....»»
Ford CEO Jim Farley"s 2023 compensation rises to $26.5M
While his base salary remains unchanged and bonus payments fell, Farley's overall compensation rose based on revamped stock awards that estimate future payouts......»»
Auto industry"s share of global microchip capacity rises as EVs, software grow
The automotive industry surpassed the consumer and industrial sectors in 2023 to become the third-largest end market for semiconductors worldwide as demand for automotive-grade microchips continues to grow......»»
Grok AI chatbot coming to all premium X subscribers this week
The Grok AI chatbot, which was previously going to be exclusive to X’s top-tier Premium+ subscribers, will instead be coming to all premium subscribers this week. The move is likely geared to boosting revenue in the face of falling usage and an.....»»