GM Financial Q3 net income down 19%
GM Financial Q3 2023 earnings: GMF's net income dropped to $558M in the third quarter of 2023. But General Motors CFO Paul Jacobson said the captive finance company still "had a strong quarter.".....»»
GTA 6 will launch late in 2025 according to Take-Two financial report
You'll be waiting until the end of 2025 for GTA 6, according to Take-Two's latest financial report......»»
Why banks consider renewable energy to be a riskier investment than fossil fuels
The financial sector is among the world's most heavily regulated industries—and for good reason. Financial rules, which force banks to hold capital in reserve when making riskier investments, are designed to prevent financial crises. Other financia.....»»
Are you meeting your cyber insurance requirements?
Cyber insurance policies are specifically designed to offer financial protection to organizations in the face of cyber attacks, data breaches, or other cybersecurity incidents. While they can provide a sense of security, it’s crucial to be awar.....»»
Subaru to team with Toyota on 3 new EV crossovers through 2026; net income soars
Subaru says it will lean on Toyota for next three all-electric crossovers and shift production of the best-selling Forester, including a new hybrid version, to the U.S. Meanwhile, annual net income nearly doubled to 385.1 billion yen ($2.55 billion)......»»
Struggling Our Next Energy taps consultant to help battery maker raise funds
Electric vehicle battery startup Our Next Energy Inc. hired a Chicago-based financial consultant specializing in distressed businesses in its quest to rebound from a failed Series C fundraising round. The suburban Detroit battery manufacturer rece.....»»
CarGurus reports net income jump, more digital wholesale losses
The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»
Accounting change drives down Cars Commerce Q1 net income
Cars Commerce's 2023 acquisition of D2C Media helped promote revenue gains, and price increases helped boost average revenue per dealer......»»
The top 10% are the main beneficiaries of globalization, says study
The income of many people around the world has considerably increased due to the economic globalization of the last 50 years. However, these income gains are unevenly distributed. A study by Dr. Valentin Lang, junior professor of political economy at.....»»
Mitsubishi eyes U.S. market EV from Nissan as North America takes center stage
Mitsubishi CEO Takao Kato books record operating income and says North America has swapped places with Southeast Asia to become its earnings engine......»»
Openlane Q1 earnings: Net income rises 46%; revenue down 1%
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter......»»
American Axle Q1 revenue, profit climb
American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»
Law fails victims of financial abuse from their partner, research warns
Victims of financial abuse from their partner in England and Wales are being failed by an "inadequate" legal response, new research warns......»»
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.....»»
Apple blows away Wall Street earnings estimates, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple beat earnings estimatesFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the s.....»»
Tim Cook: Apple has advantages that will set its generative AI apart from the competition
Following on from the announcement of Apple’s second quarter fiscal 2024 results, Apple CEO Tim Cook joined the company’s chief financial officer Luca Maestri on a call with investors. During this call, Cook again teased Apple’s upcoming genera.....»»
Apple blows away Wall Street earnings guesses, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple CEO Tim CookFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the second quart.....»»
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.....»»
Congress lets broadband funding run out, ending $30 low-income discounts
ACP gave out last $30 discounts in April; only partial discounts available in May. Enlarge (credit: Getty Images | Yuichiro Chino) The Federal Communications Commission chair today made a final plea to Congress, asking f.....»»
Rising tides, sinking stocks: Study explores cost of climate change
As the financial implications of climate change continue to soar, a forthcoming journal article explores its effects on company values......»»
AMD’s graphics card sales just took a nosedive
AMD just reported its financial results for the first few months of 2024, and its gaming business isn't doing so hot......»»