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......»»
Lufthansa is using artificial sharkskin to streamline airplanes
Copying a trick from the animal kingdom can help cut aircraft emissions. Enlarge (credit: Aurich Lawson | Getty Images) Companies are often caught between wanting to cut emissions but also grow profits. But for airlines,.....»»
Meteorites give the Moon its extremely thin atmosphere
Impacts that vaporize bits of the lunar surface maintain the Moon's thin atmosphere. Enlarge / Artist's rendition of the LADEE mission above the lunar surface. (credit: NASA/ Dana Berry) The Moon may not have much of an.....»»
Alibaba sees revenue hit by caution in cloud space
News follows previous results from this quarter suggesting that cloud dominance is still very much a three-horse race......»»
Ahead of iPhone 16, AI demand boosts Apple supplier Foxconn"s profits
Foxconn, Apple's iPhone 16 manufacturer has reported a fourth consecutive quarter of profit increases, which it credits to demand for AI servers.Workers in a Foxconn factoryFor the previous quarter, Foxconn's increased profits came from better than e.....»»
Germany sees explosion in cases of bluetongue virus
Germany has seen an explosion of cases of bluetongue virus this year, authorities said Tuesday as fears increase across Europe about the disease affecting sheep and cattle......»»
Nissan dealership profits tank amid U.S. sales struggles
The average Nissan dealership earned 70 percent less in the first half of the year than in 2023, with more than a third of stores losing money, according to data obtained by Automotive News......»»
Rocket Report: Archimedes engine sees first light, New Glenn making moves
"Coming soon: a full recovery rehearsal with our landing vessel." Enlarge / Rocket Lab says it fired up the Archimedes engine at full thrust this week. (credit: Rocket Lab) Welcome to Edition 7.06 of the Rocket Report! T.....»»
What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?
What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?.....»»
Intel shareholders sue chipmaker after job, dividend cuts cause stock plunge
Intel shareholders sue chipmaker after job, dividend cuts cause stock plunge.....»»
How media impacts digital technology adoption in US and Brazilian agriculture
Digital technologies on the farm improve efficiency, productivity, and profits, but few farmers are taking full advantage of available tools. According to University of Illinois Urbana-Champaign researchers, communication channels play an important r.....»»
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......»»
Subaru production, profits undercut in latest quarter by fatal plant accident in Japan
The export-dependent carmaker still managed to eke out a profit thanks to hefty windfall gains from favorable foreign currency fluctuations......»»
Japan sees hottest July since records began
Japan sweltered through its hottest July since records began 126 years ago, the weather agency said, as extreme heat waves fueled by climate change engulfed many parts of the globe......»»
Microsoft employees are set for a tasty bonus following record profits
Token gesture following an excellent performing quarter shows a company on the back foot following its latest round of layoffs in June......»»
AMD raises forecast for AI chip revenue and sees supplies remaining tight
AMD raises forecast for AI chip revenue and sees supplies remaining tight.....»»
Sports partnerships with not-for-profits show lackluster results, study finds
Partnerships between professional sports teams and not-for-profit organizations (NPOs) are often weakened by power imbalances, informality and a lack of strategic intent, according to new research led by RMIT University......»»
Bangladesh social media censorship sees VPN use skyrocket
After peaks of over 7000% in VPN signups last week, VPN usage remains high in the region. Here's how a VPN can help against social media blocks......»»
Detroit 3 financials ‘disappointing" as challenges mount
Second-quarter results for GM, Ford and Stellantis reflect a bumpy road as they juggle costly EV plans while managing profits on gasoline and hybrid models in an uncertain market environment......»»
Threat of slimmer used-car profits, supply allows for little slack in 2024, dealers say
Franchised dealership and auto retail group leaders spoke with Automotive News in June and July about used-car market certainties and uncertainties in 2024......»»
Stellantis to reduce output, cut prices after earnings plunge on weak U.S. results
Stellantis is counting on lower production, price cuts and new model launches to reverse plunging profits......»»