CDK outage fuels 86% drop in Asbury Q2 net income
Lost business and one-time costs related to the CDK Global outage contributed to an 86 percent drop in Asbury's net income, though the retailer managed to post record revenue of $4.2 billion......»»
It’s not just you: Spotify is down in a major outage
It’s not just you: Spotify is down in a major outage.....»»
Some subreddits could be paywalled, hints Reddit CEO
Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income. Huffman raised the prospect during an earnings call in which he said Reddit would also be testing AI-power.....»»
Adient net income plummets 69% in fiscal Q3 amid delayed launches, Europe troubles
Despite challenges in Europe, the global seating supplier sees promising growth opportunities with Chinese automakers......»»
Asbury Automotive sells Colorado, Georgia Nissan car dealerships
Asbury Automotive Group Inc. sold one Colorado dealership and one Georgia store during the second quarter, the dealership group said in its earnings report Aug. 2. The locations have been renamed Alpine Nissan of Denver and Nissan of Cumming......»»
CrowdStrike denies responsibility for Delta airline outage
Delta Airlines seeks 500 million in damages after massive IT outage that was caused by faulty CrowdStrike updated. But how solid is the lawsuit?.....»»
Lowest price: Apple"s 1TB 14-inch MacBook Pro with M3 Pro chip drops to $1,929
This fan-favorite 14-inch MacBook Pro features a bump up to 1TB storage and an exclusive price drop of $270 off retail.Grab this 1TB MacBook Pro 14-inch at $270 off.Equipped with Apple's M3 Pro chip featuring an 11-core CPU and 14-core GPU, the curre.....»»
Sonic Automotive Q2 net income jumps despite CDK outage
Sonic Automotive's net income nearly doubled in the second quarter despite an outage related to the CDK cyberattacks......»»
Audi will drop four-ring logo on new China EVs, report says
Electric cars co-developed by Audi and SAIC might have a new logo or just use the Audi name......»»
CDK outage fuels 86% drop in Asbury Q2 net income
Lost business and one-time costs related to the CDK Global outage contributed to an 86 percent drop in Asbury's net income, though the retailer managed to post record revenue of $4.2 billion......»»
Chemical and transportation industries could boost with new catalyst coating
Coupling electrochemical conversion of the greenhouse gas CO2 with renewable electricity sources—such as solar and wind—promises green production of high-demand chemicals and transportation fuels. Carbon dioxide coupling products such as ethylene.....»»
Aptiv Q2 net income soars
Aptiv also announced the start of a $5 billion share repurchase program......»»
Disparity dynamics: Geographic impact of social transfer programs on income inequality
Social transfer programs have significant geographic differences in spending that help to reduce income gaps between rich and poor regions of the United States, according to new University of Michigan research......»»
Economic prospects brighten for children of low-income Black Americans, study finds
Economic prospects have improved in recent years for Black Americans born poor, according to new research from Opportunity Insights. At the same time, earnings have fallen for white Americans from low-income families......»»
Lithia net income down 28% in Q2 despite record revenue of $9.2B
Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the car dealership group generating record revenue for that earnings period......»»
Carvana Q2 net income swings to $48 million; revenue up 15%
The online used-vehicle retailer said it sold 101,440 used vehicles in the second quarter, up 33 percent from the year-earlier period......»»
Xbox console sales continue to crater with massive 42% revenue drop
Xbox Series X/S sales seem to have peaked early in 2022. Enlarge / The tumbling continues. Microsoft's revenue from Xbox console sales was down a whopping 42 percent on a year-over-year basis for the quarter ending in J.....»»
AutoNation net income, revenue harmed by CDK cyberattacks
AutoNation Inc. reported a massive drop in net income due in part to lost revenue and hits to vehicle sales stemming from the June 19 CDK Global cyberattacks.....»»
Penske Automotive Q2 net income falls 20% on higher interest costs
Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»
Microsoft: DDoS defense error amplified attack on Azure, leading to outage
A DDoS attack that started on Tuesday has made a number of Microsoft Azure and Microsoft 365 services temporarily inaccessible, the company has confirmed. Microsoft’s mitigation statement on the Azure status history page Microsoft Azure, 365 ou.....»»
Microsoft services just suffered yet another global IT outage
Microsoft's services suffer yet another outage not too long after the CrowdStrike faulty update caused a massive global IT outage......»»