Magna Steyr, despite Fisker woes, remains bullish on EVs
Magna Steyr remains bullish on electrification, despite slowing consumer demand for electric vehicles and regardless of Fisker’s decision to cease production at the contract manufacturer’s facility in Austria......»»
Organizations go ahead with AI despite security risks
AI adoption remains sky high, with 54% of data experts saying that their organization already leverages at least four AI systems or applications, according to Immuta. 79% also report that their budget for AI systems, applications, and development has.....»»
Morgan Stanley hikes Apple stock target after unexpectedly positive earnings
Despite a recent Apple stock price target cut bank Morgan Stanley is amongst Apple's biggest bulls — and it has proven that by nudging the company's price target up to $216.An Apple Store signMorgan Stanley was oddly bullish about Apple even as it.....»»
Magna adds 363 jobs at 3 operations in Michigan
Magna, the world’s fourth-largest auto supplier, will open an engineering center for lighting in Novi and an R&D center in Troy, while adding manufacturing capacity in Lyon Township, according to a statement last week......»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
Carvana set to dig back into used-car market after latest quarter, analysts say
Analysts bullish on Carvana said its Q1 results are a sign it has recovered from a two-year period of losses and cash burn that forced new focus on profitability......»»
Mayans burned and buried dead political regimes
After burning, the remains were dumped in construction fill. Enlarge / Mayans built impressive structures and occasionally put interesting items in the construction fill. (credit: Dr. Jürgen Tenckhoff) As civilizations.....»»
Apple CEO Tim Cook bullish on China, thinking long-term
After revealing Apple's Q2 earnings, CEO Tim Cook shared he "feels great" about China due to beating expectations in a competitive environment.iPhone doing well in China despite shrinking marketApple earned $90.8 billion in the March quarter, beating.....»»
Scientists" new approach in fight against counterfeit alcohol spirits
In the shadowy world of counterfeit alcoholic spirit production, where profits soar and brands are exploited, the true extent of this illegal market remains shrouded......»»
New work reveals the "quantumness" of gravity
Gravity is part of our everyday life. Still, the gravitational force remains mysterious: to this day we do not understand whether its ultimate nature is geometrical, as Einstein envisaged, or governed by the laws of quantum mechanics......»»
Isotopic evidence reveals surprising dietary practices of ancient hunter-gatherers
It has long been thought that meat played an important role in the diet of hunter-gatherers before the Neolithic transition. However, due to the scarcity of well-preserved human remains from Paleolithic sites, little information exists about the diet.....»»
DNA study of Avar cemetery remains reveals network of large pedigrees and social practices
An international team of archaeologists and archaeogenetics specialists, working with the Hungarian National Museum, has discovered a network of Avar pedigrees and community social practices after conducting a DNA study of the remains of people who o.....»»
Recovering phosphorus from sewage sludge ash to address problem of diminishing supplies of phosphorus ores
Valuable supplies of phosphorus could be recovered from sewage sludge ash, which remains after the sludge has been burned for electric power generation. The method has been developed by chemical engineers Yuuki Mochizuki and Naoto Tsubouchi at Hokkai.....»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
See the Southern Ring Nebula in 3D
Planetary nebula are some of nature's most stunning visual displays. The name is confusing since they're the remains of stars, not planets. But that doesn't detract from their status as objects of captivating beauty and intense scientific study......»»
Fisker appoints chief restructuring officer after missing payment to noteholder
Fisker said in its 2023 annual report that it may have to file for bankruptcy protection within 30 days if it does not get relief from its creditors. A forbearance agreement with one noteholder expires May 1......»»
Morgan Stanley weirdly bullish on iPhone as it trims Apple stock price target
Investment bank Morgan Stanley says there are signs of increased iPhone, Mac, and Services revenue for Apple, but it has cut its target price by $10.Apple ParkOne week after claiming that Apple has increased its June quarter iPhone orders, Morgan Sta.....»»
Dramatic burning of royal remains reveals Maya regime change
New archaeological investigations in Guatemala reveal that ancient Maya peoples did not just passively watch their dynastic systems collapse at the end of the Classic period. They actively reworked their political systems to create new governments......»»
Bosch flags further cost cuts after giving "subdued" outlook for 2024
Bosch said cuts were necessary to make sure it remains competitive in an environment where most of its big peers, including Continental and ZF, have all announced job cuts......»»
Rivian cuts more jobs with woes mounting for electric vehicle market
Rivian Automotive Inc. will cut an another 1 percent of its workforce, the second round of layoffs this year as the electric vehicle industry grapples with flagging consumer demand......»»
Paleontologists unearth what may be the largest known marine reptile
The fossilized remains of a second gigantic jawbone measuring more than two meters long has been found on a beach in Somerset, UK. Experts have identified the bones as belonging to the jaws of a new species of enormous ichthyosaur, a type of prehisto.....»»