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......»»
2023 Apple stock growth lags behind competitors, longest revenue decline in two decades
Today marks the last day of trading for 2023. While AAPL saw a 54% gain for the year, the performance is put in perspective when looking at its competitors and peers. Here’s a look at the revenue declines Apple has seen and how it could turn things.....»»
AI software market to hit $307 billion by 2027
The worldwide revenue for AI software will reach $307 billion in 2027, according to IDC. The forecast for AI-centric software includes Artificial Intelligence Platforms, AI Applications, AI System Infrastructure Software (SIS), and AI Application Dev.....»»
GM blasts San Francisco in lawsuit over $108 million tax bill
GM contends San Francisco used the presence of its Cruise self-driving unit to tie its tax bill to a portion of GM’s global revenue......»»
In quest to prevent debilitating traumatic brain injuries, new foam material rises to the top
From falls to football tackles, most blows to the head occur at odd angles. And those impacts trigger simultaneous linear and rotational head motions. The rotating movement in particular causes shear strain, which is especially damaging to the brain......»»
Social media platforms generate billions in annual ad revenue from US youth: Study
Social media platforms Facebook, Instagram, Snapchat, TikTok, X (formerly Twitter), and YouTube collectively derived nearly $11 billion in advertising revenue from U.S.-based users younger than 18 in 2022, according to a new study led by Harvard T.H......»»
New AI model can predict human lifespan, researchers say. They want to make sure it"s used for good
Researchers have created an artificial intelligence tool that uses sequences of life events—such as health history, education, job and income—to predict everything from a person's personality to their mortality......»»
China earthquake death toll rises to 148
The toll from China's deadliest earthquake in years rose to 148 on Friday, state media reported, as authorities turned their attention to resettling thousands of people displaced by the disaster......»»
CarMax Q3 net income more than doubles to $82 million, revenue falls 5.5%
The company retailed 174,766 used vehicles in the third quarter, down 2.9 percent from the year-earlier period. Same-store used-vehicle sales fell 4.1 percent......»»
CarMax posts higher Q3 net income of $82 million, revenue falls 5.5%
The company retailed 174,766 used vehicles in the third quarter, down 2.9 percent from the year-earlier period. Same-store used-vehicle sales fell 4.1 percent......»»
Wireless Adapter Statistics 2023 – By Country, Shipment, Types, Companies, Revenue
Introduction Wireless Adapter Statistics: As to reports, the global […] Introduction Wireless Adapter Statistics: As to reports, the global market size of wireless adapters is expected to reach above $2.48 billion by the end of 2030......»»
DoorDash and Uber minimum wage ruling leads companies to hit back on tipping
A DoorDash and Uber minimum wage ruling is leading to both companies implementing changes that are badly hurting the income their drivers receive from tips … more….....»»
J.P. Morgan predicts marginal financial impact from Apple Watch ban
Apple has to cease sales of its latest Apple Watch models thanks to an ITC decision, but an analyst note suggests the ban will have minimal impact on revenue.Apple Watch Series 9Apple Watch Series 9 and Apple Watch Ultra 2 will no longer be imported.....»»
U.S. rules could force early production halt to some gas vehicles, automakers say
The Alliance for Automotive Innovation warned the proposed rules "could prematurely force abandonment of many internal combustion engine vehicles and their associated revenue, reducing the availability of capital necessary for automakers to fund the.....»»
Asbury closer to 2025 $32B revenue goal with Jim Koons megadeal
National car dealership group Asbury Automotive bought more than $3 billion of the $6.9 billion from acquisitions it needs to reach its 2025 target......»»
Basic monthly income trial shows promise with significant reduction in homelessness
Researchers at the Center for Homelessness, Housing, and Health Equity Research at the University of Southern California released an interim report on the first six months of a randomized controlled trial to study the impact of a basic income and soc.....»»
Once the enemy, majestic condor wins hearts of Colombian farmers
A group of condors rip into the carcass of a calf at the top of a Colombian mountain which rises 4,200 meters above sea level......»»
Elon Musk’s X ad revenue reportedly fell $1.5B this year amid boycotts
"We are not Twitter any longer," X exec said. Enlarge (credit: Leon Neal / Staff | Getty Images Europe) It's hard to know exactly how dire the financial situation is at Elon Musk's X (formerly Twitter). However, insider.....»»
Report shows most people in Australia support lifting incomes for those with the least
Three in four people in Australia support an income boost for people on the lowest incomes, while less than a quarter think it's possible to live on the current JobSeeker rate, new research by ACOSS and UNSW Sydney shows......»»
Asbury Automotive completes $1.2B Jim Koons acquisition
The Koons group reported $3.2 billion in revenue and sales of 26,188 new vehicles in 2022, ranking it No. 23 on ' list of the top 150 dealership groups based in the U.S. Asbury ranked No. 5 on the list, retailing 151,179 new vehicles last year......»»
Penske Automotive agrees to buy 15 premium brand dealerships in U.K. from Rybrook Group
Dealerships in the acquisition, if completed, would include four BMW, four MINI, four Volvo, two Land Rover and one Porsche. The stores generate about $1 billion in annual revenue......»»