Carvana inches toward reworking debt
Carvana is consulting with lawyers and investment bankers about options for managing its debt load amid plunging used car prices......»»
We"ve pumped so much groundwater that we"ve nudged the Earth"s spin, says new study
By pumping water out of the ground and moving it elsewhere, humans have shifted such a large mass of water that the Earth tilted nearly 80 centimeters (31.5 inches) east between 1993 and 2010 alone, according to a new study published in Geophysical R.....»»
Cyber debt levels reach tipping point
The tension between difficult economic conditions and the pace of technology innovation, including the evolution of AI, is influencing the growth of identity-led cybersecurity exposure, according to CyberArk. The CyberArk’s report details how t.....»»
Carvana says it expects adjusted profit of more than $50M in Q2; shares surge 56%
The announcement sparked a rally for Carvana shares on Wall Street on Thursday. Shares skyrocketed 56 percent......»»
Carvana says it expects adjusted profit of more than $50M in Q2; shares surge 49%
The announcement sparked a rally for Carvana shares on Wall Street on Thursday. Shares rose 49 percent in afternoon trading......»»
New study quantifies the power of bipartisan coalitions
After weeks of tense speculation over a looming financial catastrophe, should the U.S. default on its debts, House Majority Leader Kevin McCarthy and President Biden are finalizing terms for a bipartisan agreement to raise the debt ceiling. While it.....»»
Extreme precipitation in the Northeast to increase 52% by the end of the century, study predicts
With a warmer climate creating more humid conditions in the Northeast, extreme precipitation events—defined as about 1.5 or more inches of heavy rainfall or melted snowfall in a day—are projected to increase in the Northeast by 52% by the end of.....»»
Data breach at US debt collector exposes over a million users
After exposing sensitive user information, NCB offered two years of identity theft monitoring services, free of charge......»»
The U.S. Debt-Ceiling Crisis Could Harm Science for Years to Come
Investments in research and development are likely to drop—even if the worst-case scenario is avoided.....»»
Moft launches refreshed 4-in-1 Snap Float Folio for iPad with magnetic origami design
Last year Moft launched its Snap Float Folio for iPad. It uses an origami-style design that offers protection as well as four stands in one – with one of the modes elevating your iPad up to 3.6 inches. Now Moft is out with a new and improved versi.....»»
Google focuses on reworking its next AI
Google now adds a new coat of paint and a whole suite of features for its newest AI feature. Google has a new friend! It’s called Duet AI, and it’s been hanging out with Google Workspace products for a while. In fact, it’s.....»»
Study: Spanish courts hand down milder sentences for rapes if they are committed by the victim"s partner or ex-partner
Just four years ago, the Spanish Supreme Court pointed out in a ruling that there is no such thing as a "conjugal debt." In other words, a woman is not obliged to satisfy her husband's sexual needs. It may come as a surprise that this point still nee.....»»
Carvana gifts AI-generated video histories to car-owning customers
Each “Joyride” video relates the unique origin story of how an owner “met” their car......»»
Carvana posts smaller Q1 net loss; shares surge 34%
The online used-vehicle retailer reported a net loss of $286 million for the quarter ended March 31, smaller than its loss of $506 million in the year-earlier period. Revenue fell 25 percent to $2.6 billion......»»
Carvana posts smaller Q1 net loss; revenue falls 25%
The online used-vehicle retailer reported a net loss of $286 million for the quarter ended March 31, smaller than its loss of $506 million in the year-earlier period. Revenue fell 25 percent to $2.6 billion......»»
Carvana posts smaller Q1 net loss; revenue falls 25 percent
The online used-vehicle retailer reported a net loss of $286 million for the quarter ended March 31, smaller than its loss of $506 million in the year-ago period. Revenue fell 25 percent to $2.6 billion......»»
1-day deal slashes $80 off this electric motorized standing desk
The Monoprice motorized standing desk, which offers a height range of 28.7 inches to 48.4 inches, is currently on sale with an $80 discount from Monoprice......»»
Carvana Q1 earnings preview: Retailer expects smaller adjusted loss than year ago
The company expects its used-vehicle volume to land between 76,000 and 79,000 vehicles in the three months ending March 31, down about a quarter from a year earlier, according to a preliminary estimate it provided in a March 22 regulatory filing......»»
Carvana"s creditors offer to swap debt for equity, defer payment
Creditors holding about 90 percent of Carvana Co.'s bonds have been pitching the beleaguered used-car company on ways to pare down debt and improve liquidity, including a proposal for a debt-for-equity swap, according to people with knowledge of the.....»»
Auto supplier debt could drive more bankruptcies, consolidation, Deloitte study finds
Elevated supplier debt levels and inflationary pressures could soon lead to more bankruptcies and accelerate consolidation in the supply base, a new study found......»»
Most SaaS adopters exposed to browser-borne attacks
Even though the adoption of SaaS apps started more than ten years ago, CISOs are still finding it challenging to tackle the accumulated security debt. Significant deficiencies The prevalence of phishing and account takeover attacks has raised signifi.....»»