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......»»
Identifying key areas for fraud risk during the recession
As economic pressure increases, so does fraud risk. While the world slides into a recession, the resulting increased debt, supply chain delays, and inflation create increased pressure on individuals to make ends meet. From a business perspective, as.....»»
Don"t cut them off: Low-performing students benefit from continued access to loans
Over the past decade, there has been a growing debate about the value of student loans and the long-term impact of debt for those entering the workforce—particularly for students who struggled to complete their studies......»»
Cyber Monday Deal: Samsung’s Freestyle Portable Projector is $300 off
The Samsung Freestyle can project images between 30 and 100 inches in 1080p. At only $598, you can get it now for $301 less than its usual price of $900......»»
This Epson Home Cinema Projector is $100 off for Black Friday
Make your home the neighborhood cinema when you get the Epson Home Cinema 880 for just $500, a big $100 off of the typical $600 price. See 320 inches in 1080p!.....»»
Hair—yes, your hair—might be the next great biomaterial
One of the world’s most versatile materials is already growing on our heads. The world is full of strange materials, but perhaps the strangest of them all comes in infinite supply, and grows at an average rate of six inches per year—ri.....»»
Review: Dell’s 32-inch UltraSharp monitor has a high-contrast IPS Black screen
Beefed-up image quality topped with a souped-up camera. Enlarge / Dell's UltraSharp U3223QZ 4K monitor. (credit: Scharon Harding) Specs at a glance: Dell UltraSharp U3223QZ Panel size 31.5 inches Resolution 3840.....»»
Review: Dell’s new UltraSharp monitor has high-contrast IPS Black screen
Beefed-up image quality topped with a souped-up camera. Enlarge / Dell's UltraSharp U3223QZ 4K monitor. (credit: Scharon Harding) Specs at a glance: Dell UltraSharp U3223QZ Panel size 31.5 inches Resolution 3840.....»»
Carvana’s stock plunge triggers cascade of warnings on Wall Street
With the company’s shares spiraling down a staggering 97 percent this year, analysts’ average price targets struggled to keep pace, despite coming down sharply......»»
Carvana cuts 1,500 jobs on slowing used-car demand
Demand for used cars has been negatively impacted by hybrid-working models and higher costs caused by rising interest rates, as consumers rethink personal mobility options to try and trim their daily expenses......»»
It may be a strange size, but this Samsung 58-inch 4K TV is $220 off
The Samsung Class 4K Crystal UHD TV is an unusual 58-inches. It rings individuality, personality, and is on sale!.....»»
Carvana CEO reflects on tough 2022: "We"re not a perfect company"
Carvana’s tumultuous journey in 2022 highlighted by mounting financial losses and a more challenging used-car market is being closely watched. CEO Ernie Garcia is prepared to get the company back on track......»»
Electric doesn’t mean boring—Porsche’s EV future includes plenty of power
We look at the new Macan platform and ride in a 1088-hp electric race car. Enlarge / The exterior clues that this is a Porsche 718 GT4 ePerformance and not a 718 GT4 Clubsport are subtle; it's 140 mm (5.5 inches) wider, and the h.....»»
A long road ahead, but a break for Carvana
Slowing inflation appeared to temper the gloomy outlook on Carvana Co. that had set in since the online used-car retailer reported sharply disappointing third-quarter results earlier this month......»»
Two Pennsylvania Carvana locations suspended from performing title, registration actions
Pennsylvania regulators have placed two Carvana locations on a list of business entities temporarily blocked from performing motor vehicle titling and registrations......»»
Musk sold $3.95 billion of Tesla stock after buying Twitter
It’s still not clear how the $44 billion Twitter deal ultimately was financed, beyond the roughly $13 billion of debt commitments from Wall Street banks......»»
Carvana shares plunge to record low as used-car prices fall fast
Shares of the auto retailer have sunk more than 53 percent in the two trading days since the company reported disappointing third-quarter results last week......»»
Demand dips, throttling Carvana"s growth
A demand problem taking root in the used-vehicle industry is forcing Carvana Co. further into cost-cutting territory......»»
Carvana Q3 net loss widens to $508 million
Carvana revenues fell 3 percent to $3.4 billion for the quarter. The retailer sold 102,570 cars and trucks in the third quarter, down 8 percent......»»
Deep learning underlies geographic dataset used in hurricane response
As Hurricane Fiona made landfall as a Category 1 storm in Puerto Rico on Sept. 18, 2022, some areas of the island were inundated with nearly 30 inches of rain, and power to hundreds of thousands of homes was knocked out. Only 10 days later, Hurricane.....»»
How debt-for-climate swaps can help solve low-income countries" fiscal and environmental challenges at the same time
Barbados Prime Minister Mia Amor Mottley spoke passionately to the United Nations General Assembly in September about the mounting debt many developing countries are shouldering and its increasing impact on their ability to thrive......»»