Lordstown Motors flags cash crisis with ‘going concern’ warning
The startup said in a filing that its current cash levels are not sufficient for commercial production......»»
Q&A: Jobs for young Africans—new data tool reveals trends and red flags
An estimated 23.6 million young Africans (aged 15–35) are unemployed—that's one in 22 (4.5%). With this number projected to grow to 27 million by 2030, the need for jobs is critical. But the key to good policies for job creation is good data......»»
Business and management graduates can become sustainability champions—lessons from Uganda and Tanzania
There is no doubt about it: the world is in the grips of a climate crisis. The headlines are full of reports about extreme weather events and the negative effects of the fossil fuel industry......»»
An inside look at General Motors’ massive gamble in ditching CarPlay
A little over a year ago, General Motors made what may well turn out to be one of its biggest gambles in many years: dropping support for CarPlay for all future EVs. To most of us, the decision seemed insane, likely to result in a huge number of l.....»»
Research reveals overlooked factor driving China"s real estate crisis
The default of Evergrande, one of China's largest developers, set off a chain of defaults among developers, triggering the ongoing property market crisis in China......»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
Account compromise of “unprecedented scale” uses everyday home devices
Credential-stuffing attack uses proxies to hide bad behavior. Enlarge (credit: Getty Images) Authentication service Okta is warning about the “unprecedented scale” of an ongoing campaign that routes fraudulent login.....»»
Women should be included in decisions on the protection of human rights in the climate crisis, say researchers
Eighty percent of climatic migrants are women and children. This figure means that a new international legal framework is required to protect human rights by adding gender-sensitive measures to policies and legislation. This is the claim made by Susa.....»»
New quarantine scheme could reduce risk of rabies reintroduction in the EU following Russian invasion, study finds
Rabies is a major concern to both human and animal health, with rabies in dogs and cats widespread in Eastern Europe, and there are concerns the war in Ukraine could pose a greater risk of rabies being reintroduced to the European Union (EU). A four-.....»»
More efficient molecular motor widens potential applications
Light-driven molecular motors were first developed nearly 25 years ago at the University of Groningen, the Netherlands. This resulted in a shared Nobel Prize for Chemistry for Professor Ben Feringa in 2016. However, making these motors do actual work.....»»
Nature degradation could cause a 12% loss to UK GDP, new analysis suggests
The deterioration of the UK's natural environment could lead to an estimated 12% loss to GDP, according to new analysis. In comparison, the financial crisis of 2008 took around 5% off the value of the UK GDP, while the COVID-19 pandemic cost the UK u.....»»
Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks
The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out risk, greed and corruption......»»
Apple Card promotion offers users 10% cash back on Nike purchases
Apple and Nike have released a new promotional offer, which will give Apple Card holders 10% cash back on Nike purchases made through Apple Pay.Apple Card holders are eligible for 10% cashback on NIke purchasesWith Nike's limited-time offer, Apple Ca.....»»
Apple Card teams up with Nike for 10% cash back
Apple Card has shared its latest promotion for customers – 10% Daily Cash up to $50 back on purchases at Nike. Here are the details… more….....»»
Cocaine is an emerging contaminant of concern in the Bay of Santos (Brazil), says researcher
In addition to already known pollutants, the Bay of Santos—a city in the state of São Paulo (Brazil) that is home to the largest seaport in Latin America—has been affected by an emerging contaminant that is now present not only in the water but.....»»
New GM North America chief Marissa West has deep ties to automaker
While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership......»»
VinFast founder commits $1 billion as EV maker bleeds cash
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker......»»
IBM to buy HashiCorp in $6.4 billion cash deal, expanding cloud portfolio
IBM and HashiCorp have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Inf.....»»
US announces sweeping cuts to power sector carbon emissions
President Joe Biden's government on Thursday finalized sweeping plans to curb planet-warming emissions from the nation's fossil fuel plants as part of the United States' efforts to confront the climate crisis......»»
GM"s Marissa West looks to connect with retailers as she oversees North American operations
While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership......»»
Lithia Q1 net income down 28% as "normalization" returns to profit per vehicle
Lithia Motors said it sold 188,119 new and used vehicles, with gross profit per vehicle dropping 22% to $4,346 in the first quarter......»»