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 lower-income NYC residents trade comfort for affordability
In a revealing piece of research coauthored by a Singapore Management University academic, public policies to ease urban heat in one of the largest first world cities have seen price gaps emerge between homes in cooler and hotter areas, with lower-in.....»»
Lack of competition between petrol stations hits households most in poorest areas: Study
Households in low-income areas face significantly higher increases in petrol prices when rival fuel stations close compared to high-income areas, according to new research led by the University of East Anglia (UEA)......»»
Labor or leisure? Why a universal basic income might foster well-being but not productivity
The current cost-of-living crisis, high interest rates and the ensuing economic contraction have disproportionately hit low-income households. And for many low-income workers, the future remains uncertain......»»
Vinnie Johnson"s Piston Group wins scathing verdict in longtime minority certification fight
The verdict ends a legal feud that’s been stewing since early 2021. At stake was a lucrative minority certification that helped the auto supplier win business from automakers. The fast-growing supplier has topped $3 billion in revenue and employs 1.....»»
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»
iPhone 16 will lead Apple to record high $400 billion revenues in 2024
Apple is now expected to exceed $400 billion in annual revenue in 2024, with this record high driven by all of its hardware such as the iPhone, plus another record high for Services.Renders of the iPhone 16 rangeIt's estimated that when Apple was inc.....»»
Apple Books, Mac App Store outages have been resolved
Apple has resolved its outages affecting the Mac App Store and Apple Books, with all of its online stores and services working normally.The Mac App Store is back after a brief outage.Users were affected by a series of limited outages of Apple's onlin.....»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»
Lithia"s captive finance company Driveway Finance turned a Q2 profit
Lithia Motors Q2 2024 earnings: After just a few years of operation, Lithia's relaunched captive finance car loan company Driveway Finance Corp. turned a profit during the second quarter and was on track to stay that way......»»
Apple Stores run out of iPad mini stock amid rumors of a new model
Apple has just confirmed that it will be holding a special event on September 9, and the company is expected to announce the new iPhone 16 and Apple Watch Series 10, as well as new AirPods 4 models. However, it seems that the company may also have pl.....»»
Nonprofits with investment income slower to recover from economic downturns, study shows
A recent study evaluates three decades of financial data from nonprofit organizations and finds that while the sector tends to bounce back quickly after periods of economic recession, some organizations bounce back more quickly than others. Specifica.....»»
Socioeconomics found to shape children"s connection to nature more than where they live
The income and education levels of a child's environment determine their relationship to nature, not whether they live in a city or the countryside. This is the finding of a new study published in People and Nature and conducted by researchers at Lun.....»»
New infosec products of the week: August 23, 2024
Here’s a look at the most interesting products from the past week, featuring releases from Entrust, Fortanix, McAfee, Own, RightCrowd, and Wallarm. Own proactively detects and stores data changes in Salesforce Continuous Data Protection from Own pu.....»»
Zoom calls aren"t going anywhere yet - and could soon get even more AI
Pandemic success and staying on trend when it comes to AI has kept Zoom’s revenue heading upward......»»
GM works to snuff out glitches as it eyes big software profits
GM believes software will be a huge revenue driver in the coming years, but resolving problems before vehicles launch and staying nimble have been challenges......»»
NASA wants clarity on Orion heat shield issue before stacking Artemis II rocket
"We have still a lot of work to do to close out the heat shield investigation." Enlarge / The Orion spacecraft for the Artemis II mission, comprising its crew and service modules, was lifted into a vacuum test chamber at NASA's K.....»»
NASA CubeSats launch as commercial rideshares
A pair of CubeSats from NASA's Pathfinder Technology Demonstrator, or PTD, series lifted off on SpaceX's Transporter-11 rideshare mission at 11:56 a.m. PDT Friday, August 16, from Vandenburg Space Force Base in California......»»
Own proactively detects and stores data changes in Salesforce
Own released Continuous Data Protection for Salesforce customers, further strengthening its product offering to include recovery and analysis capabilities. Own Continuous Data Protection provides a turn-key solution that delivers significant value to.....»»
Average dealership pretax profit slipped 33% in the first half of 2024, report says
The report from Presidio Group and NCM Associates also found the typical dealership hasn't reduced expenses quickly enough amid profitability declines......»»
The best Google Pixel 9 Pro XL cases for 2024
The first shipments of Google Pixel 9 Pro XL cases have arrived. Here are some of our favorite cases for the new smartphone as it becomes available in stores......»»