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......»»
Meta"s lost revenue is a huge hit for public interest journalism in Australia, which was already reeling from cutbacks
Public interest journalism was already under significant stress in Australia. And now the pressure is ratcheting up even further......»»
Small class sizes not better for pupils" grades or resilience, says study
Smaller class sizes in schools are failing to increase the resilience of children from low-income families, according to a study published in the International Journal of Science Education......»»
Apple TV+ movies struggling to prevail in theaters still considered "profitable"
Apple TV+ appears to be pulling some accounting magic after its latest $700 million run of films, which captured only $466 million in revenue, but the company still considers two of them profitable.'Killers of the Flower Moon'Streaming services are a.....»»
After pullback, new-vehicle inventory rises again, to 2.8 million
After a one-month pullback, new-vehicle inventory levels in the U.S. returned to their long-term trend and rose in February to 2.8 million, according to data from Cox Automotive and the Automotive News Research & Data Center......»»
78% of MSPs identify cybersecurity as prime IT challenge
Cybersecurity remained a top priority and an area of growth for MSPs, with 73% saying it’s a top revenue driver for their business, according to Kaseya. Ongoing cyberattack threats impact MSPs The threat of cyberattacks continues to weigh on MS.....»»
Huawei rises from the dead, outsells iPhone in China
Sanctions crushed Huawei for a time, but new Counterpoint data says Huawei is back. Enlarge / The Huawei Mate 60 Pro+. It's a phone made without most of the traditional US-allied suppliers. (credit: Huawei) Counterpoint.....»»
TikTok Creator Rewards Program available to all, with great revenue opportunities
The TikTok Creator Rewards Program – first launched a year ago as a limited beta under the name Creativity Program – is now available to all … more….....»»
F&I gross profit per vehicle down for 4 of 6 publics in Q4
Same-store finance and insurance gross profit per car sold fell at four of the top six franchised auto dealership groups in the fourth quarter compared with a year earlier. AutoNation was the only major new-vehicle public retailer to grow F&I profit.....»»
Apple AI and why investors should expect revenue growth
Another day, another case of Apple stoking the growth fire on Wall Street with the magical two letters: AI. Tim Cook’s shareholder meeting comments about Apple breaking new ground for AI this year were intended to excite investors. According to.....»»
In 3-year lease world, why micro leases have yet to take off
Breakthrough success with short-term vehicle leases has yet to materialize. Can AutoNation and Polestar find a way to make it work?.....»»
Rich countries found to use six times more resources, generate 10 times the climate impact: Report
The extraction of the Earth's natural resources tripled in the past five decades, related to the massive build-up of infrastructure in many parts of the world and the high levels of material consumption, especially in upper-middle and high-income cou.....»»
AutoNation, Lithia making progress with captive finance companies
AutoNation and Lithia Motors, the two public franchise auto retailers with the ability to approve car loans for their own customers, said on fourth-quarter 2023 earnings calls they are making progress building those fledgling captive finance companie.....»»
Apple’s Scrapped Car Project Means AI and Headset Bets Are More Urgent
Apple told employees Tuesday it was abandoning plans for a self-driving car and reassigned some of the staff to its AI efforts. In abandoning plans for a self-driving car, Apple Inc. is giving up on billions in potential revenue and.....»»
Inventory surge, hybrids lift Toyota, Honda sales; Hyundai rebounds; Kia slips again
The U.S. new-vehicle market is expected to expand 5.6 to 6.3 percent in February, helped by growing inventories and higher discounts, analysts say, even as affordability concerns and elevated interest rates still weigh on buyers......»»
Hybrids boost Toyota sales; Hyundai rebounds; Kia slips again
The U.S. new-vehicle market is expected to expand 5.6 to 6.3 percent in February, helped by growing inventories and higher discounts, analysts say, even as affordability concerns and elevated interest rates still weigh on buyers......»»
Hyundai sales rebound in February, Kia slips again
The U.S. new-vehicle market is expected to expand 5.6 to 6.3 percent in February, helped by growing inventories and higher discounts, analysts say, even as affordability concerns and elevated interest rates still weigh on buyers......»»
New literacy research can help improve learning outcomes and fight global poverty
A new study by a team of University of Notre Dame researchers makes a significant contribution to understanding the factors that influence how young elementary school students respond to reading interventions in fragile and low-income contexts......»»
Climate change: Alarming Africa-wide report predicts 30% drop in crop revenue, 50 million without water
African countries will suffer significant economic loss after 2050 if global warming is not limited to below 2°C, a new study by the Center for Global Development has found......»»
Researcher: The true cost of food is far higher than what you spend at the checkout counter
After several years of pandemic-driven price spikes at the grocery store, retail food price inflation is slowing down. That's good news for consumers, especially those in low-income households, who spend a proportionally larger share of their income.....»»
Franklin McLarty, Frank Figueredo form new dealership group
Auto retail veterans Franklin McLarty and Frank Figueredo plan to lead Coastal Automotive Management to $1 billion in annual revenue within 10 years......»»