Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production
Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
Here’s how Jaguar will relaunch as an all-EV brand
In 2021, it canceled an EV months before production—now it's preparing for 2025. Enlarge / Its unlikely the next electric Jaguar will look much like these extreme coupés, designed by the brand for Gran Turismo. (credit: Jaguar.....»»
Jaguar wins 1-2 in Monaco as it prepares its rebirth as EV-only brand
In 2021, it cancelled an EV months before production—now it's preparing for 2025. Enlarge / Its unlikely the next electric Jaguar will look much like these extreme coupés, designed by the brand for Gran Turismo. (credit: Jagua.....»»
Vortex fluidic device can speed artificial liposome production to aid drug functionality
The expansion of clean chemistry applications for the vortex fluidic device (VFD)—invented by Flinders University's Professor Colin Raston—continues with the successful rapid and simplified production of artificial liposomes that could help trans.....»»
Final U.S. rules extend timetable for critical mineral sourcing in EV tax credit eligibility
The rule expands the timetable for graphite sourcing until 2027, a critical mineral used in battery production that is overwhelmingly produced in China......»»
Apple Q2 2024 earnings brought to life by Six Colors, with video too
Yesterday saw the announcement of the Apple Q2 2024 earnings report, which were pretty much exactly as expected – revenue coming in at $90.75B against Wall Street expectations of $90.1B. As usual, Six Colors has brought the numbers to life with.....»»
What did we learn from Tim Cook’s comments yesterday?
There were no surprises in Apple’s earnings report yesterday, with the company reporting close to the $5B year-on-year fall in revenue it had warned us to expect. Analysts got their usual chance to question CEO Tim Cook and chief financial offic.....»»
Carvana CEO Ernie Garcia and his father make $11 billion in 3,000% stock rebound
The one-day surge in Carvana shares pushed the older Garcia’s fortune to $10.9 billion from a 2022 low of $3.1 billion, while his son’s net worth climbed to $3.8 billion, according to the Bloomberg Billionaires Index......»»
Research explores energy and land-use practices on US golf courses
In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»
Tim Cook says DOJ antitrust lawsuit against Apple is ‘misguided’
Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust.....»»
Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»
Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue
Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»
Save on flowers, jewelry, clothes and more with these select Apple Pay deals
Apple has debuted new Apple Pay promotions ahead of Mother's Day, offering a handful of discounts on flowers, chocolates, jewelry, and more.Save on Mother's Day with Apple PayMother's Day 2024 falls on Sunday, May 12, so it's time to make sure you've.....»»
Apple CEO Tim Cook bullish on China, thinking long-term
After revealing Apple's Q2 earnings, CEO Tim Cook shared he "feels great" about China due to beating expectations in a competitive environment.iPhone doing well in China despite shrinking marketApple earned $90.8 billion in the March quarter, beating.....»»
BorgWarner generates higher revenue, earnings as demand grows for hybrids
Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»
Studies assess feasibility of aquaculture wastewater treatment methods
Aquaculture production operations that help feed the world's growing population also generate polluted wastewater that harms the environment. Four studies published by Purdue University scientists since last May document the feasibility of previously.....»»
The COVID-19 pandemic changed our patterns and behaviors, which in turn affected wildlife
The Earth now supports over eight billion people who collectively have transformed three-quarters of the planet's land surface for food, energy, shelter and other aspects of the human enterprise......»»
Scientists" new approach in fight against counterfeit alcohol spirits
In the shadowy world of counterfeit alcoholic spirit production, where profits soar and brands are exploited, the true extent of this illegal market remains shrouded......»»
Developing a tech platform for fast, robust series production of nanoparticles
Nucleic acid-based medications such as mRNA vaccines offer tremendous potential for medicine and are opening up new therapeutic approaches. These active ingredients must be enclosed inside nanoparticles to ensure that they get to where they are neede.....»»
Investigation reveals varied impact of preschool programs on long-term school success
Early education programs are widely believed to be effective public investments for helping children succeed in school and for reducing income- and race-based achievement gaps. However, a new study conducted by a team of investigators from Teachers C.....»»