Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% workforce cut planned
Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»
Q&A: Jobs for young Africans—new data tool reveals trends and red flags
An estimated 23.6 million young Africans (aged 15–35) are unemployed—that's one in 22 (4.5%). With this number projected to grow to 27 million by 2030, the need for jobs is critical. But the key to good policies for job creation is good data......»»
Business and management graduates can become sustainability champions—lessons from Uganda and Tanzania
There is no doubt about it: the world is in the grips of a climate crisis. The headlines are full of reports about extreme weather events and the negative effects of the fossil fuel industry......»»
Polestar delays SEC filing, says it needs to review "certain errors" in previous financial statements
Polestar said it believes the historical errors are expected to "positively impact net loss by less than five percent for 2021, and negatively impact net loss by less than five percent.".....»»
Launch date set for NASA"s PREFIRE mission to study polar energy loss
NASA and Rocket Lab are targeting no earlier than Wednesday, May 22, 2024, for the first of two launches of the agency's PREFIRE (Polar Radiant Energy in the Far-InfraRed Experiment) mission to study heat loss to space in Earth's polar regions......»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
Adaptive Shield unveils SaaS security for AI
Adaptive Shield announced SaaS Security Posture Management (SSPM) detection and response capabilities for AI-driven applications to enable enterprises to mitigate the risks introduced by the growing use of generative AI. The workforce is rapidly adop.....»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
Missing link in species conservation: Pharmacists, chemists could turn tide on plant, animal extinction
As the world faces the loss of a staggering number of species of animals and plants to endangerment and extinction, one University of Michigan scientist has an urgent message: Chemists and pharmacists should be key players in species conservation eff.....»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Triangulation fraud: The costly scam hitting online retailers
In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among m.....»»
FCC fines big three carriers $196M for selling users’ real-time location data
FCC finalizes $196M penalties for location-data sales revealed in 2018. Enlarge (credit: Getty Images | SOPA Images ) The Federal Communications Commission today said it fined T-Mobile, AT&T, and Verizon $196 million "fo.....»»
Cats suffer H5N1 brain infections, blindness, death after drinking raw milk
Mammal-to-mammal transmission raises new concerns about the virus's ability to spread. Enlarge / Farm cats drinking from a trough of milk from cows that were just milked. (credit: Getty | ) On March 16, cows on a Texas d.....»»
Legislators too ‘trigger happy" on banning alternative fuels, Volvo Trucks says
As legislators and regulators across the globe pursue fully emissions-free transportation, Volvo Truck's complaint raises questions about whether alternative fuels have a role to play in a green future......»»
Asbury Automotive says 10 dealerships are up for sale
Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 dealerships — after selling a Jim Koons Lexus site in Delaware to MileOne Autogroup in March......»»
Hubble spots magnificent barred galaxy NGC 2217
The magnificent central bar of NGC 2217 (also known as AM 0619-271) shines bright in the constellation of Canis Major (The Greater Dog), in this image taken by the NASA/ESA Hubble Space Telescope. Roughly 65 million light-years from Earth, this barre.....»»
Legislators too ‘trigger-happy" on banning alternative fuels, Volvo Trucks says
As legislators and regulators across the globe pursue fully emissions-free transportation, Volvo Truck's complaint raises questions about whether alternative fuels have a role to play in a green future......»»
More than 2 million gazelle still roam the Mongolian steppe
A study published in Oryx sheds light on the status of Mongolian gazelle populations across Mongolia, Russia, and China, revealing both successes and challenges in the conservation efforts of this iconic species.....»»
BMW to invest another $2.76 billion in China
BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market"......»»
Tesla’s 2 million car Autopilot recall is now under federal scrutiny
NHTSA has tested the updated system and still has questions. Enlarge / A 2014 Tesla Model S driving on Autopilot rear-ended a Culver City fire truck that was parked in the high-occupancy vehicle lane on Interstate 405. (credit: C.....»»
BMW to invest a further $2.76 billion in key market China
BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market"......»»