Realtek posts record 1Q21 profit
Networking IC design specialist Realtek Semiconductor saw its net profit climb to a record high for the fourth consecutive quarter in the first quarter of 2021......»»
F&I gross profit per vehicle down for 5 of 6 public groups in Q1
The retailers pointed to high interest rates again as a major contributor to the declines......»»
Ferrari posts 13% rise in quarterly earnings amid flat deliveries
Adjusted earnings before interest, taxes, depreciation and amortization climbed 13 percent in the period, to €605 million......»»
Fusion record set for tungsten tokamak WEST
Researchers at the U.S. Department of Energy's (DOE) Princeton Plasma Physics Laboratory (PPPL) measured a new record for a fusion device internally clad in tungsten, the element that could be the best fit for the commercial-scale machines required t.....»»
From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits
Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record profits. But there could still be some wobbles in the final report, including guidance on whether it can keep up its red-hot pace......»»
American Axle Q1 revenue, profit climb
American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»
Seismic waves used to track LA"s groundwater recharge after record wet winter
Record-setting storms in 2023 filled California's major reservoirs to the brim, providing some relief in a decades-long drought, but how much of that record rain trickled underground?.....»»
Sony demands PSN accounts for Helldivers 2 PC players, and it’s not going well
A surprise hit, a network with brutal baggage, and the Steam profit paradox. Enlarge / This gear is from the upcoming "Polar Patriots" Premium Warbond in Helldivers 2. It's an upcoming change the developer and publisher likely wi.....»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
NOAA reports continued drop in overfishing
In a report released May 2, NOAA Fisheries announced that 2023 saw a record low for the number of fish stocks subject to overfishing. The annual "Status of the Stocks" report is an assessment of the 506 stocks and stock complexes managed by NOAA Fish.....»»
Apple charms investors with record $110B stock buyback, dividend hike
Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before.Apple ParkDuring its quarterly earnings report, A.....»»
Millions of young people will head to the polls over the next year—but many are disillusioned about mainstream politics
A record number of people will go to polls in 2024 to vote in national elections around the world. People who came of age during the last electoral cycle will have an opportunity to cast their votes for the first time......»»
EU Core Technology Fee for small & non-profit developers pared way back
Responding to criticism that its Core Technology Fee for EU developers could see small App Store developers owing Apple excessive fees, the company has revised its rules for eligibility.European Union flagsAs part of complying with the EU's mandate t.....»»
2024 Data Breach Investigations Report: Most breaches involve a non-malicious human element
The exploitation of vulnerabilities as an initial point of entry almost tripled from the previous year, accounting for 14% of all breaches, according to Verizon’s 2024 Data Breach Investigations Report, which analyzed a record-high 30,458 secur.....»»
April temperatures in Bangladesh hottest on record
Bangladesh's weather bureau said Wednesday that last month was the hottest April on record, with the South Asian nation and much of the region still enduring a suffocating heat wave......»»
6 public auto dealership groups challenged by inflation, lower profit per vehicle
Asbury, AutoNation, Group 1, Lithia, Penske and Sonic continue turning to acquisitions or growing service and parts operations for new revenue sources......»»
Lear"s Q1 net income falls as auto supplier goes full bore into automation
Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»
VW Group"s Q1 profit drops 20% on lower volumes, higher costs
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»
Mercedes to stay firm on pricing following Q1 profit drop
Mercedes said model transitions in the top-end segment and supply chain-related costs caused its return on sales to fall to 9.6 percent from 14.9 percent a year earlier, with vehicle sales down 8 percent at 462,978......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Flash deals: Best Buy slashes iPad Air 5 to $399.99, Apple Pencil 2 drops to $79
Best Buy has issued a $200 price cut on Apple's iPad Air 5 ahead of Apple's iPad event on May 7. Pair it with the Apple Pencil 2 that's on sale for $79 for the ultimate Mother's Day gift.Apple's iPad Air 5 dips to lowest price on record.Grab the 64GB.....»»