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......»»
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......»»
‘Maestro’ review: Bradley Cooper falls just short of greatness once again
Bradley Cooper's Leonard Bernstein biopic is beautiful, but lacks the necessary emotional punch. Movie review. Maestro, Bradley Cooper’s second outing behind the camera, is an enormous stylistic departure from his first, the 2018 remake o.....»»
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......»»
Sour grapes: Japan battles to protect premium fruits
The variety of juicy grape that Yuki Nakamura is harvesting as the sun rises over his farm took scientists 33 years to develop and can sell for $100 a bunch in Tokyo department stores......»»
Spotify says it has no plans to support App Store in-app purchases again on iOS
To avoid paying Apple a cut of its revenue, Spotify removed in-app purchases from the Spotify for iOS app several years ago. A report on Thursday claimed that Spotify was working to reverse that decision, but the company has now confirmed that it.....»»
Universal basic income: Wales is set to end its experiment—why researchers think that"s a mistake
The Welsh government has announced that its universal basic income (UBI) project will not be continued after the initial pilot ends in 2025 because of the cost......»»