CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
AutoNation: CDK cyberattack will reduce Q2 2024 earnings by $1.50 per share
AutoNation said this impact would be split about evenly between lost income and guaranteeing commissioned employees' pay......»»
Bosch sharpens focus on software revenue stream
The supplier expects the amount of software used in vehicles to triple from 2023 to 2030......»»
Elon Musk calls for “criminal prosecution” of X ad boycott perpetrators
Congress accused advertisers group of colluding to tank X's revenue. Enlarge (credit: Apu Gomes / Stringer | Getty Images News) After the House of Representatives Committee on the Judiciary released a report accusing the.....»»
U.S. new-vehicle inventory rises to 2.96 million in June; up 1 million from a year ago
New-vehicle inventory has stayed below 3 million for more than four years......»»
Connected cars are supposed to generate lots of revenue. So far, they have not.
The automotive industry is still sorting out the details as it seeks to reap profits from the data generated and gathered through the car......»»
Researchers identify multiple "forever chemical" contamination hot spots in US
Harmful chemicals that don't break down are present in public water systems nationwide, and West Virginia University economists have found that densely populated, higher-income areas and those that use groundwater tend to have the highest contaminati.....»»
When it comes to sustainability reporting, it depends on how serious companies are about making change
Companies are facing pressure to become more open about how they do business. With income inequality, governance failures and the mismanagement of natural resource capital threatening both society and the environment, there are growing calls for more.....»»
Beryl knocks out power to some Houston area car dealerships, prompts CarMax store closures
One dealer said his dealership group was mostly prepared for Beryl, but high winds and severe weather affected some of its Houston stores July 8......»»
New discovery boosts bioethanol production efficiency and profits
A new technique to monitor contamination in bioethanol production could increase revenue by more than $1.6 billion USD and reduce CO2 emissions by 2 million tons......»»
Google wants to cut its reliance on Apple for search revenue
Facing a potential court ruling that would force Google to stop paying to be the iPhone's default engine, the company is increasingly trying to lessen its dependence on Apple.Google pays Apple a cut of its revenue for searches made through the Safari.....»»
GM has "solid plan" for plug-in hybrids in 2027
GM CEO Mary Barra said at an investor conference that the automaker also is focusing on making sure vehicle software works consistently and creates additional revenue opportunities......»»
Study indicates that as racial diversity and income rise, civilian injuries by police fall
An analysis of civilian injuries resulting from interactions with police in Illinois found that residents of all races and ethnicities are more likely to sustain injuries if they live in economically under-resourced areas. The risk of injury decrease.....»»
An OLED gaming handheld rises up to challenge the Steam Deck
Zotac In an unexpected turn of events, computing hardware manufacturer it will unveil a new OLED gaming handheld next week at . All we know so far is that it’s called the Zone and it has a 7-inch AMOLED touchscreen and two-stage adjustable trig.....»»
Nicole Kidman falls in love with Zac Efron in A Family Affair trailer
In Netflix's trailer for A Family Affair, Joey King struggles to accept a new relationship between her mother, Nicole Kidman, and her boss, Zac Efron......»»
Economists report on a modest intervention that helps low-income families beat the poverty trap
Many low-income families might desire to move into different neighborhoods—places that are safer, quieter, or have more resources in their schools. In fact, not many do relocate. But it turns out they are far more likely to move when someone is on.....»»
We have $4,000 a month in retirement income — and want to put $200,000 toward an annuity. Is this a wise decision?
We have $4,000 a month in retirement income — and want to put $200,000 toward an annuity. Is this a wise decision?.....»»
Barbara Corcoran’s 5 Best Passive Income Ideas
Barbara Corcoran’s 5 Best Passive Income Ideas.....»»
Northwest Las Vegas valley neighborhoods report spike in crime as gang relations rises
Northwest Las Vegas valley neighborhoods report spike in crime as gang relations rises.....»»
Hurricanes Caused Lost Income among at Least Half of Local Residents
Nearly half of residents lost income after a hurricane, a new study shows. Most were low-paid hourly workers in storefront shops.....»»
Another US state repeals law that protected ISPs from municipal competition
With Minnesota repeal, number of states restricting public broadband falls to 16. Enlarge (credit: Getty Images | Yuichiro Chino) Minnesota this week eliminated two laws that made it harder for cities and towns to build.....»»