Magna Q4 earnings plummet
The quarterly and annual earnings drops for Magna, the world's fourth-largest supplier by annual sales to automakers, reflect the broader financial struggles parts suppliers have faced during the last year......»»
Tesla to rely on low-cost EV in "25
Tesla's next-generation platform will start at its factory in Texas, followed by a future plant in Mexico and a third location outside of North America, Elon Musk said on an earnings call......»»
Tesla"s next growth wave coming with low-cost EV in late 2025, Musk says
Tesla's next-generation platform will start at its factory in Texas, followed by a future plant in Mexico and a third location outside of North America, Musk said on an earnings call......»»
Morgan Stanley sees AAPL earnings as clearing event to refocus investors
Investment bank Morgan Stanley says Apple's forthcoming earnings call will be "a clearing event," that stops short term concerns and gets investors looking at the company's signs of future growth.An Apple Store signAhead of Apple's holiday quarter ea.....»»
Tesla"s Q4 earnings to focus on profits, pricing, future product and Musk"s CEO compensation
The EV maker is coming off record fourth-quarter sales after deep price cuts. But investors worry about falling margins, delays in new products and Musk's desire for a bigger stake in the company......»»
Ally: Net income way down in Q4; auto applications set record in 2023
Ally Q4 earnings: Net income fell 73 percent year over year in the fourth quarter to $76 million, though the plunge was driven in part by the company's pending sale of Ally Lending to Synchrony. Ally 2023 full-year earnings: Auto finance credit appli.....»»
Apple CEO Tim Cook’s earnings fell by $36M in 2023
Apple is paying its top team huge amounts, hardly a surprise considering the company's success at getting people to buy its devices and sign up to its services......»»
Apple CEO Tim Cook’s earnings fell by $36 million in 2023
Apple is paying its top team huge amounts, hardly a surprise considering the company's success at getting people to buy its devices and sign up to its services......»»
Researcher: Mothers are more likely to work worse jobs—while fathers thrive in careers
Having a child is bad for a woman's earnings. This is not only in the immediate period after the birth, but across her lifetime—as shown in research by recent economics Nobel prize-winner Claudia Goldin......»»
Market intelligence firms argue about Mac shipments, ahead of earnings report
Two major market intelligence firms have released PC market reports on the same day, with dramatically differing pictures of how Mac shipments fared last quarter. Depending on which company you believe, Mac shipments either grew by 9.3% year-on-ye.....»»
Magna debuts e-drive, anti-drunken driving tech at CES
Canadian supplier giant Magna unveiled at CES an e-drive that it says offers increased efficiency and power and debuted anti-drunken driving tech that can detect if a driver is above the limit via cameras and sensors......»»
Apple"s holiday quarter earnings call & report scheduled for February 1
Apple has officially announced that its first quarter 2024 earnings call, covering the holiday period, will be held February 1, 2024.Apple ParkThe holiday quarter is Apple's most lucrative, with new iPhone sales amplified by the gift-giving season. T.....»»
LG and Magna Team Up for In-Vehicle Infotainment Technologies
The tech will be shown via a private tech demo for major auto brands during CES 2024. The post LG and Magna Team Up for In-Vehicle Infotainment Technologies appeared first on Phandroid. Following several product announcements for the upcom.....»»
Apps will be reporting your earnings to tax authorities from this week
Apps like eBay and Airbnb will be reporting your earnings to tax authorities, under a new global agreement which took effect yesterday … more….....»»
Sexual orientation and earnings appear to be linked, patterns differ for NZ men and women
New Zealand has made substantial progress on promoting LGBTQ+ rights over the past 20 years, including legalizing same-sex civil unions in 2004, legalizing same-sex marriage in 2013, and banning conversion practices in 2022......»»
Do terrorist attacks and mass shootings make big companies more "honest"?
Terrorist attacks and mass shootings are devastating for the people and communities they affect. These events impact our society in many ways, including perhaps unexpectedly, by changing how big companies calculate and report their earnings......»»
Study: Unhealthy sleep assimilation among immigrants may be correlated with labor market
Upon their arrival in a foreign country, immigrants tend to be healthier than natives, but their advantage erodes with time, despite improvements in earnings and socio-economic status. A new study published in the European Sociological Review by Fran.....»»
BMW lidar maker Innoviz graduates to Tier 1
The Israeli company, which worked with Magna on technology for BMW's 7 Series with hands-off capability, says it is now pitching automakers directly......»»
Detroit-based auto supplier Quality Team 1 files for bankruptcy
Quality Team 1, a Detroit-based vendor to Magna and other automotive suppliers, has filed for bankruptcy with more than $5 million in liabilities......»»
BMW lidar maker Innoviz graduates to Tier 1, CEO says
The Israeli company, which worked with Magna on technology for BMW's 7 Series with hands-off capability, says it is now pitching automakers directly......»»
VW"s Scout EVs to be developed by Magna Steyr, report says
VW has given the supplier an order worth 450 million euros ($492 million) to develop the models. That is Magna Steyr's largest ever development deal, Austrian newspaper Kleine Zeitung reported......»»