Dana sees profits plunge in Q2
Second-quarter net income at the major supplier dropped by nearly 85 percent in the second quarter, reflecting lower operating earnings caused by the unfavorable impact of foreign currency values, a spike in costs and supply chain challenges......»»
As big supermarkets pursue profits, new research shows growing exploitation of shrimp farmers
As big supermarkets pursue profits, new research shows growing exploitation of shrimp farmers.....»»
Grocery stores that donate expiring food instead of price discounting or discarding make higher profits, says researcher
All major supermarkets and retailers that sell groceries, such as Kroger, Walmart and Costco, give large amounts of food to food banks and pantries. In 2022, retailers donated close to 2 billion pounds of food across the United States, which amounted.....»»
Key negotiator Norway sees "positive signals" ahead of plastic talks
In the single week that world leaders convened for high-level UN talks in New York, nearly 100,000 water bottles' worth of microplastics swirled through the city's air, posing known and still unknown risks to human health......»»
YouTube Premium sees a price hike in multiple countries
If you’re subscribed to YouTube Premium, there could be a chance that you could be part of a recent price hike. The post YouTube Premium sees a price hike in multiple countries appeared first on Phandroid. If you’re not a fan of YouTub.....»»
Ohio Ford-Lincoln dealership service department sees benefits in going paperless
Beau Townsend Ford-Lincoln has seen its recruiting and retention of young technicians and advisers grow with its all-digital efforts......»»
‘The 4-square method’: Here’s how American car dealers make big profits — and how not to get fooled
‘The 4-square method’: Here’s how American car dealers make big profits — and how not to get fooled.....»»
GM sees growth for CarBravo used-vehicle sales platform
About 45 percent of used vehicles sold through CarBravo would not have been certified before, including older vehicles and those from non-GM brands, and they're backed by GM factory warranties......»»
Landmark AI deal sees Hollywood giant Lionsgate provide library for AI training
Runway deal will create a Lionsgate AI video generator, but not everyone is happy. Enlarge (credit: Benj Edwards / Malte Mueller via Getty Images) On Wednesday, AI video synthesis firm Runway and entertainment company Li.....»»
Tom Golisano donates $360M to upstate NY non-profits: See the amount each receives
Tom Golisano donates $360M to upstate NY non-profits: See the amount each receives.....»»
U.S. new-vehicle market ‘stuck" as buyers wait for relief, sellers try to hang on to profits
The August selling rate was just 15.1 million, disappointing given the addition of the holiday weekend and a sign that cash-strapped consumers are waiting to make big purchases in uncertain times......»»
BMW explains why it will sell hydrogen fuel cells in 2028
BMW sees hydrogen as complementary to battery EVs on a region-by-region basis. Enlarge / BMW has had some hydrogen fuel cell-powered iX5s in testing for a while, and for Art Basel 2024 this one got a new look courtesy of Es Devli.....»»
South Korea sees highest average summer temperature on record
South Korea experienced its highest average summertime temperature since such records began half a century ago, nearly two degrees higher than the historic average, the weather agency said Thursday......»»
AI can mitigate bias against women in loan decisions and boost lenders" profits and reputations
Recent research from the University of Bath shows discrimination against women worsens if Artificial Intelligence (AI) is used by lenders for loans, but that ethical lenders could choose to tweak the AI algorithms to address this bias and still impro.....»»
Chevrolet sees opportunity in industry"s biggest segment with redesigned Equinox
The compact crossover's fourth generation packs more technology into a truck-like profile, with an entry model that starts below $30,000 with shipping......»»
AT&T 911 outage sees company fined $950k; yesterday’s outage now fixed
An AT&T 911 outage back in 2023 has seen the company fined almost a million dollars. The Federal Communications Commission (FCC) says that the carrier not only failed to provide adequate backup coverage, but also didn’t let 911 centers know what h.....»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»
Apple-1 owned by Apple"s first applications engineer sells for over $300,000
An Apple-1 computer owned by Apple's first applications engineer, Dana Redington, has commanded quite the price on the auction block, along with a panoply of other Apple-related items.Image Credit: RR AuctionsIn 1978, a pile of soon-to-be-discarded h.....»»
GM works to snuff out glitches as it eyes big software profits
GM believes software will be a huge revenue driver in the coming years, but resolving problems before vehicles launch and staying nimble have been challenges......»»
Mazda incentives soar, putting pressure on profits, upmarket move
Spiraling incentives nearly wiped out Mazda's operating profit in the latest quarter, as the company spent more to sell more. Volume and market share are growing. But it comes at a big price, with U.S. spiffs nearly double their level a year ago......»»
Karma Ivara crossover to launch as plug-in hybrid, not EV
Karma Automotive sees promise with plug-in hybrid powertrains, or what it refers to as energy range-extended vehicles, but still plans to offer an EV......»»