Magna more than doubles Q1 net income, improves 2021 forecast
Magna's rising outlook reflects its growing business in China, where the automaker anticipates light-vehicle production of 24.7 million units in 2021, up from a previous estimate of 24 million......»»
Pretax charges drop Sonic Automotive"s Q1 net income
The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
Hyundai doubles down on hybrids after Q1 profit slips 2.4%
After posting a 2.4 percent drop in quarterly profit, Hyundai said it will continue to expand its electrified model lineups globally by introducing more hybrids and new Ioniq models......»»
Anatomy IT’s new Security Suite targets healthcare cybersecurity threats, improves incident response
Anatomy IT has announced the launch of an expanded end-to-end cybersecurity product suite designed to safeguard healthcare delivery organizations from evolving and growing IT system threats. A record 133 million individuals were affected by healthcar.....»»
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......»»
Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production
Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»
Save $150 on a lifetime license for Microsoft Office for PC
A lifetime license of Microsoft Office Professional 2021 can be snapped up now for just $70. Here's why it's worth the price......»»
Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Climate change supercharged a heat dome, intensifying 2021 fire season, study finds
As a massive heat dome lingered over the Pacific Northwest three years ago, swaths of North America simmered—and then burned. Wildfires charred more than 18.5 million acres across the continent, with the most land burned in Canada and California......»»
Group 1 net income falls nearly 7 percent in Q1
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Lithia Q1 net income down 28% as margins slip
Lithia Motors said it sold 188,119 new and used vehicles with a gross profit of $4,346 in the first quarter......»»
Study: Sharing household chores can lead to income gains
Married women in patriarchal societies become more socially and financially independent when they participate in counseling with their spouses aimed at breaking gender norms, according to new research from a University of Texas at Arlington economist.....»»
Tesla says it will accelerate new products after Q1 net income drops 55% to $1.1B
"These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of our current platforms," Tesla said in its first-quarter report......»»
Tesla Q1 net income drops 55% to $1.1 billion; revenue slides 9% to $21.3 billion
Gross margin fell in the first quarter to 17.4 percent from 19.3 percent in the year-earlier period......»»
GM Financial Q1 net income slips 8%
The captive said lease originations rose, while retail loans fell......»»
Apple Arcade is about fun, not profit, says exec in charge
Apple executive Alex Rofman says Apple Arcade was not set up to make the company money, but also insists that game developers are getting an income.Apple ArcadeApple Arcade launched in 2019, and was then included in the Apple One bundle in 2020. Toda.....»»
Trellix Email Security for Microsoft Office 365 improves email defense
Trellix announced Trellix Email Security for Microsoft Office 365. Combining threat detection, threat intelligence, and security expertise, Trellix offers Microsoft Office 365 customers more cost-effective alternative to Microsoft Defender for Office.....»»
AESC doubles battery investment for BMW"s EVs in South Carolina
The plant is expected to come online in 2027 and supply BMW's assembly plant in Spartanburg, S.C., where the automaker plans to produce at least six EV models by 2030......»»
Environmental Damage Could Cost You a Fifth of Your Income Over the Next 25 Years
The world is already committed to warming that will undercut the global economy by 20 percent between now and 2050. That’s six times the price of limiting warming to 2 degrees Celsius......»»