MetroNet Gains New Investment
MetroNet Gains New Investment Global investment firm KKR will be joining Oak Hill Capital and management as investors in MetroNet. The investment transaction is expected to close in the third quarter. No other financial details were released. Oak Hi.....»»
Why banks consider renewable energy to be a riskier investment than fossil fuels
The financial sector is among the world's most heavily regulated industries—and for good reason. Financial rules, which force banks to hold capital in reserve when making riskier investments, are designed to prevent financial crises. Other financia.....»»
Honda doubles EV investment to $64B, fleshes out 7 new models in 0 Series
Honda CEO Toshihiro Mibe outlines the business case for achieving fat electric vehicle margins by the end of the decade as he doubles investment in next-generation EVs......»»
Sauron’s dark rise is front and center in The Rings of Power S2 teaser
Plus a bonus behind-the-scenes featurette catching us up on all the characters. Charlie Vicker's Sauron is front and center in the teaser for S2 of Lord of the Rings: The Rings of Power. Amazon's Prime Video made a major investment.....»»
Is a smart air purifier a wise investment?
If you're worried about seasonal allergies, an air purifier is a good investment. But what about smart air purifiers? Are they a wise upgrade?.....»»
Toyota’s largest-ever investment charging up in rural North Carolina
Toyota's largest-ever investment in N.A. manufacturing is taking shape in rural N.C.; will ultimately provide batteries for locally built EVs, hybrids and PHEVs......»»
Toyota"s massive $13.9B battery complex prepping to start production next year to power hybrids, EVs
Toyota's largest-ever investment in N.A. manufacturing is taking shape in rural N.C.; will ultimately provide batteries for locally built EVs, hybrids and PHEVs......»»
Training Today Apple Watch app gains dynamic cycling workouts for more intentional rides
Training Today is a clever app that offers Apple Watch users a “readiness to train” score to help know when to rest, push, and more. Now the watchOS and iOS app have been updated with “dynamic cycling workouts” to train more intentionally on.....»»
Automakers hedge their bets with plug-in hybrids as EV sales slow
Originally regarded as stopgap solutions, hybrids are in it for the long haul. Enlarge (credit: Honda) Global carmakers are stepping up their investment in hybrid technologies as consumers’ growing wariness over fully.....»»
Accounting change drives down Cars Commerce Q1 net income
Cars Commerce's 2023 acquisition of D2C Media helped promote revenue gains, and price increases helped boost average revenue per dealer......»»
The top 10% are the main beneficiaries of globalization, says study
The income of many people around the world has considerably increased due to the economic globalization of the last 50 years. However, these income gains are unevenly distributed. A study by Dr. Valentin Lang, junior professor of political economy at.....»»
Hyundai Motor plans to add hybrids to U.S. plant within current investment
Hyundai Motor Co. plans to use the investment it has already lined up for the United States to produce hybrid vehicles at its electric vehicle plant there......»»
Matter gains support for kitchen appliances, adds new energy-tracking features
The Matter 1.3 update adds support for several kitchen appliances, introduces new energy-tracking features, and improves its entertainment center functionality......»»
FTX customers to get their money back in full (with asterisk) [U]
Update: A court filing has confirmed that the company now has more than enough money to repay customers. In recognition of the lost gains, creditors owed $50k or less will receive around 118% of their deposit value at the time of the Chapter 11 filin.....»»
Analysis paralysis - hot takes from investment firms in the wake of Apple earnings
Apple had a pretty good quarter despite China weakness, defying analysts' doom-and-gloom predictions. Here's what some of them think on the morning after.Apple's iPhone results may indicate China's buying higher-priced modelsThursday saw Apple CEO Ti.....»»
Apple reversed its stock trajectory for the year in 30 minutes
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.Apple's share price has risen following its latest earnings reportInvestment firm Bernstein was right when it told clients.....»»
Essential steps for zero-trust strategy implementation
63% of organizations worldwide have fully or partially implemented a zero-trust strategy, according to Gartner. For 78% of organizations implementing a zero-trust strategy, this investment represents less than 25% of the overall cybersecurity budget......»»
Bernstein says buy Apple while stock price is low
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone.Apple is dealing with regulatory pressures and other unknownsBernstein'.....»»
Whale encounters in Mexico highlight need for global humpback research investment
Australia's East Coast will soon see the arrival of thousands of humpback whales on their northward migration to warmer waters......»»
Apple"s earnings will be flat ahead of AI-enabled iPhone
Investment analyst firm TD Cowen is predicting that Apple's next earnings call will show little growth, but says forthcoming AI features could prove significant.iPhone 15 Pro rangeAnalysts such as JP Morgan in March 2024, and Morgan Stanley in Novemb.....»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»