Lithia wants to hit revenue of $25 billion from acquisitions, up by $5 billion
Dealership acquisitions were seen as a key cog in Lithia Motors Inc. reaching its goal of $50 billion in annual revenue by the end of 2025. The auto retail giant is now targeting even more revenue from store purchases......»»
A record of the Earth’s temperature covering half a billion years
With one exception, a strong link between carbon dioxide and global temperatures. Enlarge / The cycle of building and breaking up of supercontinents seems to drive long-term climate trends. (credit: Walter Myers/Stocktrek Images).....»»
Life might thrive on the surface of Earth for an extra billion years
The sun is midway through its life of fusion. It's about 5 billion years old, and though its life is far from over, it will undergo some pronounced changes as it ages. Over the next billion years, the sun will continue to brighten......»»
New study takes the Earth’s temperature over a half-billion years
With one exception, a strong link between carbon dioxide and global temperatures. Enlarge / The cycle of building and breaking up of supercontinents seems to drive long-term climate trends. (credit: Walter Myers/Stocktrek Images).....»»
VinFast Q2 loss widens on impairment charge, higher overseas outlays
Revenue jumped 33 percent quarter-on-quarter to $357 million but the deeper loss underscores the risks of VinFast's aggressive expansion strategy ......»»
A $1 billion solar cell factory is coming to this U.S. state — and hundreds of new jobs are on the way
A $1 billion solar cell factory is coming to this U.S. state — and hundreds of new jobs are on the way.....»»
India approves development of reusable launcher, space station module
The Indian government has approved $2.7 billion in new spending for its space program. Enlarge / Parvesh Sahib Singh Verma and Virendra Sachdeva, two members of Narendra Modi's ruling BJP party, celebrate the landing of India's C.....»»
Detailed model suggests organic matter on Mars was formed from atmospheric formaldehyde
Although Mars is currently a cold, dry planet, geological evidence suggests that liquid water existed there around 3 to 4 billion years ago. Where there is water, there is usually life. In their quest to answer the burning question about life on Mars.....»»
Data disposal and cyber hygiene: Building a culture of security within your organization
Data breach episodes have been constantly rising with the number of data breach victims crossing 1 billion in the first half of 2024. A recent Data Breach Report 2023 by Verizon confirms that 74% of data breaches are due to human errors. Although cyb.....»»
NASA Scientists "Howl in Terror" as They Discovered Disastrous Flaw in $5 Billion Spacecraft About to Launch
NASA Scientists "Howl in Terror" as They Discovered Disastrous Flaw in $5 Billion Spacecraft About to Launch.....»»
Google gets win from European court as €1.5 billion fine overturned
European Commission is likely to appeal the ruling. (credit: Shutterstock) Google has won an appeal against a €1.5 billion competition fine from the European Commission in a victory for the Big Tech group as it comes u.....»»
The promise of summer wheat in Zimbabwe
Africa currently imports around 40 million tons of wheat annually at a staggering cost of $15 billion. Most African countries rely heavily on wheat imports, with some importing up to 100% of their supply. However, countries like Ethiopia and Zimbabwe.....»»
Stellantis, UAW back at odds over future of idled Belvidere plant
The UAW is threatening to strike Stellantis if it doesn't recommit to a $4 billion plan that would reopen Belvidere Assembly and add three new facilities nearby......»»
Boeing risks losing billions as 33,000 workers vote to strike
Workers refused to waste leverage as Boeing deals with $45 billion debt. Enlarge / Union members cheer during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Wash.....»»
Self-driving tech spurs investment rebound in mobility sector
Investments in the mobility sector are perking up after a rough multi-year stretch, according to the latest data from financial insights firm Pitchbook. Deal vaues reached $6.7 billion in the second quarter in the segment......»»
Ford Pro CEO Ted Cannis to retire
Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis......»»
Denso goes workerless under new factory concept for Toyota Group
Denso's new ¥69 billion ($482.9 million) workerless plant will make advanced on-board computers that bundle together control of multiple functions in the car, accelerating the transition of Toyota's top supplier into a software-driven mobility compa.....»»
AWS is spending £8 billion to boost its UK cloud business
AWS UK expansion could support up to 14,000 jobs annually......»»
Apple must pay €13 billion in back taxes after losing final appeal
EU's top court also upholds €2.4 billion antitrust fine against Google. Enlarge (credit: Getty Images | SOPA Images ) Apple has suffered a significant defeat after the EU’s top court ruled that the iPhone maker must.....»»
Lithia Motors enters north Florida, buys 3 dealerships
Lithia expects the stores to add more than $200 million in annual revenue......»»
Electrically modulated light antenna points the way to faster computer chips
Today's computers reach their physical limits when it comes to speed. Semiconductor components usually operate at a maximum usable frequency of a few gigahertz—which corresponds to several billion computing operations per second......»»