El Salvador"s Bitcoin Losses Swell To 28% As Bukele Buys More
An anonymous reader quotes a report from Bloomberg: President Nayib Bukele's Bitcoin gambit is becoming onerous for cash-strapped El Salvador but that isn't stopping him from adding to his stockpile. Bukele's bought 2,301 Bitcoins for the government.....»»
The My Best Buy Plus membership essentially pays for itself after a few buys
If you shop at Best Buy you should consider subscribing to a My Best Buy Plus or Total membership for free two-day shipping, extra discounts, and more......»»
Xiaomi, eyeing Europe, will swallow EV losses to join Tesla in big leagues
Xiaomi’s founder Lei Jun has pledged to invest $10 billion to make EVs as the company aims to become one of the world’s top five automakers. .....»»
Bulwark of blooms: The lily"s secret armor against plant pathogens
Fusarium wilt is a severe threat to the global cut-flower industry, particularly impacting lilies. Caused by Fusarium oxysporum, this disease results in significant economic losses due to plant decay and death. Traditional breeding methods have strug.....»»
Asbury Automotive sells Chevy store, Escude Automotive buys two S.C. stores
Publicly held Asbury Automotive Group sold another dealership, while Anderson Automotive Group also shed two stores......»»
Study finds 94% of business spreadsheets have critical errors
A recent study has found that 94% of spreadsheets used in business decision-making contain errors, posing serious risks for financial losses and operational mistakes. This finding highlights the need for better quality assurance practices......»»
Private equity firm buys auto retail ID check, remote notary provider Mavsign
Maverick Document Signings, which provides remote notary and identification verification services to car dealerships, has been purchased by private equity firm 1876 Partners, Colonnade Securities said......»»
The molecular shield: How tea plants combat drought through protein phosphorylation
Drought stress poses a significant challenge to agriculture, causing substantial yield losses in many crops. Tea plants, known for their rich flavonoid content which enhances both quality and health benefits, are particularly affected. Under drought.....»»
Feldman buys car dealership that battled back after Chrysler bankruptcy
Feldman Automotive Group is expanding with the acquisition of a dealership in Livonia, a Detroit suburb. Livonia Chrysler Jeep has been renamed Feldman Chrysler Jeep of Livonia following the acquisition, which closed Aug. 1. Feldman now owns.....»»
Losses continue to pile up at Rivian and Lucid in Q2
Both EV makers have received large cash infusions to help stem cash burn and pay for continued operations......»»
Thunderstorms Have Caused $45 Billion in Damages in the U.S. in Just Six Months
Damage from high-frequency storms is rising faster than losses from major disasters such as hurricanes and wildfires.....»»
Bitcoin bulls predict new record highs following worst rout since FTX collapse
Bitcoin bulls predict new record highs following worst rout since FTX collapse.....»»
CrowdStrike cause revealed; small print may protect it from lawsuits
The cause of the CrowdStrike mess has been revealed by the company, together with the steps it has taken to ensure nothing similar can happen again. The company is facing a deluge of lawsuits over the estimated $5B worth of financial losses incurr.....»»
TrueCar"s Q2 net losses decrease thanks to higher dealer franchise revenue
The CDK cyberattacks caused some impact, but the vehicle listings company reduced losses, grew revenue and formally launched its enhanced TrueCar+ pilot......»»
GM’s Detroit agency cuts expected to cause big job losses — how one shop is helping talent recover
Doner pledges $1 million to hire Detroit talent as part of broader #HireDetroit program......»»
GM’s Detroit agency cuts expected to cause big job losses—how one shop is helping talent recover
Doner pledges $1 million to hire Detroit talent as part of broader #HireDetroit program......»»
Boeing’s Starliner has cost at least twice as much as SpaceX’s Crew Dragon
"Risk remains that we may record additional losses in future periods." Enlarge / A Starliner spacecraft departs Boeing's spacecraft processing facility before the program's first orbital test flight in 2019. Boeing anno.....»»
Starling Automotive buys 3 dealerships, adds brands
Starling Automotive Group expanded in a spring acquisition, buying its first non-General Motors dealerships......»»
Stellantis says it will keep Maserati despite the brand"s heavy losses
Stellantis said it has an 'unwavering commitment' to Maserati despite a warning from the group's CEO Carlos Tavares that if the company's brands "don't make money, we'll shut them down.".....»»
Some good may come out of the CrowdStrike outage
Estimated financial losses due to the recent massive IT outage triggered by the faulty CrowdStrike update are counted in billions, but the unfortunate incident is having several positive effects, as well. Some silver linings As CrowdStrike was forced.....»»
Some dealer customers want higher CDK cyberattacks compensation
CDK said dealers it has spoken with have been ‘grateful and appreciative' of compensation offer. But some affected dealers said it doesn't cover their losses......»»