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......»»
John Oliver uses a brutal parody ad to take aim at Medicaid
John Oliver has broken down the issues with Medicaid during the latest episode of "Last Week Tonight". Medicaid, the public health program for low income families, has a number of issues, ranging from people abruptly losing their coverage to or.....»»
A new wave of powerful laptops rises to challenge the MacBook Pro
The M3 Max MacBook Pro remains hard to beat, but there are some new Windows laptops rising to the challenge......»»
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......»»
CarMax"s market share prospects in focus ahead of Q4 earnings
CarMax, of Richmond, Va., reports earnings Thursday for the fiscal quarter and year ended Feb. 29......»»
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.....»»
Heat from El Niño can warm oceans off West Antarctica—and melt floating ice shelves from below
As snow falls on Antarctica, layers build up and turn to ice. Over time, this compressed snow has become a continent-sized glacier, or ice sheet. It's enormous—almost double the size of Australia and far larger than the continental United States......»»
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......»»
Disney+ reveals the first trailer for Star Wars: Tales of the Empire
A former Jedi falls to the dark side in the first trailer for Star Wars: Tales of the Empire......»»
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......»»
Average dealership profit falls again in 2023, report from Presidio and NCM Associates shows
The stark decrease in profit will also likely bring dealership valuations down......»»
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......»»
OpenAI drops login requirements for ChatGPT’s free version
ChatGPT 3.5 still falls far short of GPT-4, and other models surpassed it long ago. Enlarge (credit: Benj Edwards) On Monday, OpenAI announced that visitors to the ChatGPT website in some regions can now use the AI assis.....»»