Babel Finance Suspends Withdrawals, Citing "Unusual Liquidity Pressures"
Babel Finance, the Asia-based crypto financial services firm, suspended client withdrawals five days after a similar move by Celsius triggered a fresh bout of turbulence in crypto markets. From a report: "Due to the current situation, Babel Finance i.....»»
Greenhouse gains: Cucumbers genetic upgrade through innovative pollen tech
Genetic modification in horticultural crops, particularly within the Cucurbitaceae family, is often hindered by complex tissue culture requirements and environmental pressures such as climate change. Traditional transformation techniques, like Agroba.....»»
Meta bans Russian media outlet RT, citing ‘foreign interference activity’
Meta announced Monday that it has banned RT and other Russian state media outlets from its platforms, including Facebook, Instagram, Threads, and WhatsApp, among others, citing ‘foreign interference activity’ in the US presidential election......»»
Volkswagen dropping in-house U.S. auto loans, giving business to Wells Fargo
Volkswagen will cease to write U.S. Audi and VW auto loans through its in-house captive finance company and instead refer that business to Wells Fargo starting in April. It will also start to refer U.S. Ducati motorcycle loans to Wells Fargo at some.....»»
The skyscraper-sized tsunami that vibrated through the entire planet and no one saw
Earthquake scientists detected an unusual signal on monitoring stations used to detect seismic activity during September 2023. We saw it on sensors everywhere, from the Arctic to Antarctica......»»
Bizarre, nine-day seismic signal caused by epic landslide in Greenland
Unidentified seismic object resulted in skyscraper-high tsunami. Enlarge (credit: Jason Edwards via Getty) Earthquake scientists detected an unusual signal on monitoring stations used to detect seismic activity during Se.....»»
Internal disconnects vs. cybersecurity: How connectivity shapes challenges
Concerns about the trustworthiness of internal data exist in nearly all organizations globally, according to TeamViewer. 99% of business leaders pointed to factors undermining trust in internal data, citing multiple versions of the truth (38%), confl.....»»
Missouri auto salesman gets 1-year sentence after admitting to helping fraudster
A former car salesman at the Marty Cancila Chrysler Dodge Jeep Ram auto dealership in Florissant, Mo., was sentenced in August to a year and a day in prison after admitting to helping a fraudster buy and finance vehicles using other people's personal.....»»
Surprising hormone-related gene activity discovered in the early larval stage of the Malabar grouper
Researchers at the Okinawa Institute of Science and Technology (OIST)'s Marine Climate Change Unit and Marine Eco-Evo-Devo Unit have highlighted patterns of gene activation during Malabar grouper larval development, revealing an unusual early peak of.....»»
Beats by Dre teases new PowerBeats Pro 2 headphones for 2025
In an unusual move, Apple's Beats by Dre subsidiary has announced an update to its PowerBeats Pro line, at least months before launch.The original PowerBeats ProThe original Powerbeats Pro came out in 2019, and were strong, luxury headphones, if with.....»»
International team discovers unusual mortality rates in surgeonfishes
An international team of researchers led by an assistant professor from the University of Guam discovered that while most surgeonfishes mature quickly and die young, some develop slowly and live for several decades. The studies are published in Revie.....»»
Spot AI images this election: Fact vs. fiction tips
On Aug. 18, former president and current presidential candidate Donald Trump posted an unusual endorsement to his social media account on Truth Social. Amid a series of photos, he included an image of pop megastar Taylor Swift wearing an Uncle Sam ha.....»»
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»
Hyundai turns to new hybrid tech to power growth amid "slowdown" in EV demand
Hyundai is leaning heavily into hybrids, citing ‘the recent slowdown’ in EV demand, and expects its sales of the gasoline-electric vehicles to more than double as it rolls out new electrified powertrain technologies and extends them to the Genesi.....»»
Old methods, new technologies drive fraud losses
GenAI, deepfakes and cybercrime are critical threats putting intensifying pressures on businesses, according to Experian. Top online security concerns for consumers According to the FTC, consumers reported losing more than $10 billion to fraud in 202.....»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»
CDK Global outage highlights gaps in finance office preparation
Finance managers had to adapt with no notice or preparation, and many came out of the experience with important lessons learned......»»
Lithia"s captive finance company Driveway Finance turned a Q2 profit
Lithia Motors Q2 2024 earnings: After just a few years of operation, Lithia's relaunched captive finance car loan company Driveway Finance Corp. turned a profit during the second quarter and was on track to stay that way......»»
Women in global fisheries industry are falling through the safety net, study finds
Millions of women who work in the fisheries industry are being left behind as technologies develop to counter the effects of climate change and economic pressures......»»
GM captive finance company withdraws application to create a bank
The captive finance arm of General Motors applied to charter a type of bank called an Industrial Loan Company in late 2020......»»
Superconductivity study confirms existence of edge supercurrents
Topological materials are materials that have unusual properties that arise because their wavefunction—the physical law guiding the electrons—is knotted or twisted. Where the topological material meets the surrounding space, the wavefunction must.....»»