Incentive spending cuts likely for Detroit 3 amid strike
The UAW strike will prompt Ford, General Motors and Stellantis to pare back incentive deals for car shoppers, according to J.D. Power and Edmunds analysts. However, incentives are already low industrywide......»»
Apple could be just a year away from being worth $4 trillion
Apple's supply chain checks show there are fewer cuts to orders than they expected at this time of year, with Dan Ives of Wedbush Securities saying that because of it, Apple will have a tremendous year.Apple MixC WenzhouOn February 4, Wedbush release.....»»
Prime Video cuts Dolby Vision, Atmos support from ad tier—and didn’t tell subs
To get them back, you must pay an extra $2.99/month for the ad-free tier. Enlarge / The Rings of Power... now in HDR10+ for ad-tier users. (credit: Prime Video) On January 29, Amazon started showing ads to Prime Video su.....»»
Best Buy cuts prices on iPads ahead of Valentine"s Day, save up to $150
Best Buy's Valentine's Day iPad sale is going on now, with nearly every model discounted by up to $150 and store pickup available as early as today.Save up to $150 on Apple's iPad.From the iPad 9th Generation marked down to $249 to the iPad Air 5 eli.....»»
Apple Cash virtual cards appear in iOS 17.4 developer beta
Apple is making it easier to keep spending Apple Cash online, with the iOS 17.4 beta allowing users to create a virtual card number.Apple Cash Virtual Card [via Reddit u/simpledsp]Apple Cash, the prepaid debit card included as part of an Apple Card a.....»»
Rivian cuts prices on base R1T, R1S models as EV adoption slows
The entry R1T pickup and R1S crossover get a $3,100 cut for the same 270 miles of range. Rivian is the latest automaker reduce prices in response to a slowdown in the U.S. electric vehicle market......»»
Auto suppliers call in the robots as labor woes persist — but they only go so far
Historic pay increases in the UAW-Detroit 3 contracts are trickling through the supply chain, saddling manufacturers with higher labor costs......»»
Adient sales fall flat as auto supplier looks at new business opportunities
Adient plc’s revenue stagnated in the first quarter, though its CEO said business performance is improving and margins will, too. The company, which has its North American base in Plymouth, about 27 miles West of Detroit, had sales of $3.66 bill.....»»
Tesla asks which jobs are critical, stoking layoff fears
Tesla Inc. staff are bracing for potential job cuts after managers were asked to affirm whether each of their employees’ positions is critical......»»
Bosch pushes back margin target, warns of further job cuts
Bosch said it is in talks with employee representatives in its mobility department about "personnel adjustments," adding redundancies were off the table under agreements struck between the company and its works council until 2027......»»
GM supplier Gestamp plans $42.5 million factory, 390 jobs near Detroit
Workers at the factory will weld steel blanks to make assemblies for vehicles. The assemblies will be warehoused and shipped to GM’s Orion Assembly operations......»»
NYC"s community composting cuts are putting its curbside plan at risk
On a chilly day in December, a crowd gathered in the shadow of City Hall in lower Manhattan to chant, listen to speeches and wave signs crafted for the occasion. "No cuts to compost!" read one held by a man with shoulder-length gray hair. "Compost Ad.....»»
Lupus and other autoimmune diseases strike far more women than men. Now there"s a clue why
Women are far more likely than men to get autoimmune diseases, when an out-of-whack immune system attacks their own bodies—and new research may finally explain why......»»
UAW says it won organizing vote at Antolin interiors plant in Mich.
The vote was 238-42 in favor of the UAW. The plant produces instrument and door panels for the Detroit 3 and Paccar......»»
Apple Music"s increased spatial audio royalties are taking money from independents
Smaller record labels say Apple Music has not added money to the royalty payout pool to fund its 10% incentive for spatial audio, and instead it is reducing how much it pays all but the biggest firms.Apple Music has a pot of money and it's spending m.....»»
Toyota supplier Denso cuts forecast after quarterly profit hit by extra costs
Denso cut its operating profit forecast for the financial year to March 31 by 21 percent to $3.38 billion......»»
Apple R&D spending flat for the first time in over a decade -- sort of
Research and development spending has increased consistently for over a decade at Apple, but it's basically flat year over year for Q1 2024.Apple ParkApple spends incredible amounts of money on research and development each quarter. According to Appl.....»»
Cook "incredibly excited" about generative AI coming to Apple gear later in 2024
Tim Cook says that Apple is spending "a tremendous amount of time and effort" on AI features that will be announced in the coming months.A Siri icon superimposed on Apple ParkApple's Cook took the opportunity of the firm's latest financial earnings c.....»»
UAW says more than 30% of workers at Hyundai plant in Alabama sign union cards
In November, the UAW said it was launching a first-of-its-kind push to publicly organize the entire non-union auto sector in the U.S. after winning record new contracts with the Detroit 3 automakers......»»
Federal Reserve leaves interest rates unchanged, says more "confidence" needed in inflation slowdown before cuts
For the auto industry, interest rates remain top of mind for franchised dealerships......»»
Apple hits India sales record as country cuts import duty
India has reduced its import duty on selected smartphone components, while new research says in 2023, Apple sold more iPhone in the country than ever.Mumbai, IndiaIndia has become of increasing importance to Apple as it aims to cut its dependence on.....»»