Lithia says Q2 net income slipped 11% while new stores lifted revenue 12%
Lithia Motors reported second-quarter revenue of $8.1 billion, up 12 percent from a year earlier, but net income fell 11 percent to $301.1 million......»»
Study finds world economy already committed to income reduction of 19% due to climate change
Even if CO2 emissions were to be drastically cut down starting today, the world economy is already committed to an income reduction of 19% until 2050 due to climate change, a study published in Nature finds. These damages are six times larger than th.....»»
Canada follows Europe with digital services tax likely to hit Apple
Canada is introducing a new digital services tax starting this year, which will see foreign tech giants like Apple and Google receive tax demands for income earned in Canada but not currently taxed there. This follows the example of several Europe.....»»
Apple to let customers watch their own Spatial Videos during Vision Pro demo sessions
Customers in the US can book a Vision Pro demo at one of the Apple Retail Stores to experience the headset for around 30 minutes. During the demo, customers watch some pre-loaded content, including Spatial Videos made by Apple. However, the company w.....»»
John Oliver uses a brutal parody ad to take aim at Medicaid
John Oliver has broken down the issues with Medicaid during the latest episode of "Last Week Tonight". Medicaid, the public health program for low income families, has a number of issues, ranging from people abruptly losing their coverage to or.....»»
Allowing consumers who purchased goods online to return them to retail stores can be a win-win
Many consumers who shop online prefer to return items to brick-and-mortar stores rather than mail them back. In a new study, researchers assessed a new practice called return partnership, in which online retailers partner with retailers with physical.....»»
Compulsory income management doing more harm than good, Australian study finds
Compulsory income management (CIM) in the Northern Territory is perceived to be ineffective in reducing harm, can contribute to situations of family violence and is incompatible with the needs of welfare recipients, a new study led by Charles Darwin.....»»
Economist: Tens of billions of dollars in forest products are being overlooked
In the Roman Empire, custom taxes on spices, black pepper in particular, accounted for up to a third of the empire's annual income. During the late Middle Ages, European efforts to cut out middlemen and monopolize the spice trade led to colonization.....»»
Biologists reveal how gyrase resolves DNA entanglements
Picture in your mind a traditional "landline" telephone with a coiled cord connecting the handset to the phone. The coiled telephone cord and the DNA double helix that stores the genetic material in every cell in the body have one thing in common; th.....»»
CarMax Q4 net income falls 27% to $50M; revenue slips 1.7%
The company sold 172,057 retail used vehicles in its fiscal fourth quarter, up 1.3 percent from the year-earlier period. Same-store used-vehicle sales rose 0.1 percent......»»
Apple Store in New Jersey with over 100 employees petitions to unionize
We’ve seen some Apple Retail Stores seeking to unionize in recent years, especially after a store in Maryland became the first in the US to vote to unionize. Now the staff at Apple Short Hills in New Jersey has also petitioned to unionize. more.....»»
New Jersey Apple Store files to unionize
Apple Short Hills in New Jersey has filed to unionize and is represented by the Communications Workers of America.Apple Short Hills in New JerseyFive Apple Stores across the United States have filed to unionize and only two have successfully unionize.....»»
After delay, Delta IV Heavy lifts off for the last time
The storied career of the Delta family of rockets had to wait a little longer than planned to turn the page on its final chapter, but the last of its kind lifted off on the Space Coast on April 9......»»
The most metal of rockets has gone into the great mosh pit in the sky
The Delta IV booster seems hardly like a champion for commercial launch, but here we are. United Launch Alliance's Delta IV Heavy rocket lifted off for the final time on Tuesda.....»»
Are the world"s cultures growing apart?
Cultural values may have become more different globally, but more similar regionally, over the past 40 years according to a paper published in Nature Communications. The authors suggest that over time, high-income Western countries have grown increas.....»»
Penske Automotive to buy Porsche dealerships in Australia
Penske Automotive Group Inc.'s planned acquisition of two Porsche stores near Melbourne, Australia, is expected to close in the second quarter......»»
BMW reveals new products, retail strategy at dealer meeting
BMW will use technology and data sharing with dealerships to improve the customer experience and drive loyalty and after-sales revenue......»»
Reducing production and consumption growth in high-income countries: Is it good for tackling climate change?
A new study led by Jarmo Kikstra, a research scholar in the IIASA Energy, Climate, and Environment Program, explores whether reducing production and consumption growth could make a significant contribution to resolving the climate crisis......»»
Drones Statistics 2024 By Country-Wise Revenue Comparison And Top Manufacturers
Introduction Drones Statistics: In recent years, the drone industry […] Introduction Drones Statistics: In recent years, the drone industry has gained huge popularity across several consumer and industrial segments worldwide. Advanced.....»»
Group 1 Automotive bought at least 9 stores in 3 major deals in Q1
After reporting a sharp drop in net income in the fourth quarter of 2023, CEO Daryl Kenningham promised to be aggressive with acquisitions......»»
New iPads Pro, iPad Air, and USB-C accessories expected in early May
Apple stores will reportedly prepare for a long-awaited update its iPad Pro and iPad Air models in the first week of May.New iPad Pro logo on the backIn his weekly newsletter, Bloomberg's Mark Gurman reports that the refreshed lineup will feature new.....»»