Uber"s earnings, bookings, signal robust trip demand
Uber gave a forecast for bookings and profit that signal robust demand for the company’s ride-hailing and food delivery businesses in the busy holiday period......»»
Economic prospects brighten for children of low-income Black Americans, study finds
Economic prospects have improved in recent years for Black Americans born poor, according to new research from Opportunity Insights. At the same time, earnings have fallen for white Americans from low-income families......»»
Hybrids, currency windfalls help Toyota extend record profit momentum
Gasoline-electric hybrid cars helped bolster Toyota earnings in the latest quarter because hybrids typically have bigger margins and sell for higher prices......»»
Lithia net income down 28% in Q2 despite record revenue of $9.2B
Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the car dealership group generating record revenue for that earnings period......»»
Auto suppliers continue to face worker shortage and high costs
The Federal Reserve indicated labor supply and demand are in sync in the U.S. economy for the first time in years. But suppliers are still lagging behind......»»
Analysts expect modest growth in today’s AAPL Q3 2024 earnings report
AAPL Q3 2024 earnings will be revealed by the company later today, and Wall Street expects the company to report modest year-on-year sales growth of 2.3%. As is now standard, Apple didn’t offer any official revenue guidance for the quarter, but.....»»
GM seeks flexibility in EV manufacturing investments to track with demand
Gerald Johnson, who will retire this year after leading GM's global manufacturing operations, says delays don't equal loss of confidence in strategy......»»
BorgWarner looks to save $100M in EV restructuring
BorgWarner Inc. is aiming to save $100 million over the next couple of years as it cuts head count and spending for its e-products division in response to weak market demand......»»
Lineaje secures $20 million in funding to address software supply chain issues
Lineaje has unveiled a landmark $20 million Series A funding round led by Prosperity7 Ventures, Neotribe, and Hitachi Ventures, alongside existing investor Tenable Ventures. This significant investment underscores the escalating global demand for rob.....»»
What CISOs need to keep CEOs (and themselves) out of jail
Former Uber CISO Joe Sullivan, who was convicted for attempting to cover up a data breach Uber suffered in 2016, recently posited that in the very near future, CEOs might find themselves held directly responsible for cybersecurity breaches. Consideri.....»»
iOS 17.6 continues Emergency SOS via satellite expansion
With and later, users can contact emergency services even when there’s no Wi-Fi or cellular signal thanks to the Emergency SOS via satellite feature. This feature was first launched in the US and Canada and has since been slowly expanded to more c.....»»
We just learned something surprising about how Apple Intelligence was trained
This could signal the start of a wider industry revolt against the so-called "Nvidia tax.".....»»
What to expect from Apple"s Q3 2024 earnings on August 1
Apple will be releasing its earnings for the third quarter of 2024 on Thursday, August 1. Here's what predicted for Apple's quarter, and how it is expected to compare against previous reporting periods.Apple CEO Tim Cook at Apple ParkApple will be re.....»»
The New Gods of Weather Can Make Rain on Demand—or So They Want You to Believe
In a gold-trimmed command center on the outskirts of Abu Dhabi, scientists are seeking to wring moisture from desert skies. But will all their extravagant cloud-seeding tech—planes that sprinkle nanomaterials, lasers that scramble the atmosphere—.....»»
From scandals to slowdown, Toyota"s top 5 challenges in key earnings report
Toyota, after record financial results in the previous fiscal year, faces strong headwinds as it readies this week's key first-quarter earnings report. From safety scandals and production suspensions to wobbly China sales, here are the top 5 issues t.....»»
NASA, JAXA bounce laser beam between moon"s surface and lunar orbit
NASA's LRO (Lunar Reconnaissance Orbiter) has twice transmitted a laser pulse to a cookie-sized retroreflector aboard JAXA's (Japan Aerospace Exploration Agency) SLIM lander on the moon and received a return signal......»»
Research shows gig workers can boost earnings by building social skills
More than 50 million workers in the United States are part of the gig economy, either to supplement their main income or as their full-time job. New research by University of Alabama at Birmingham Collat School of Business professors Paul M. Di Gangi.....»»
Researchers use plant-inspired polymers for water purification
Clean drinking water is a basic demand for our health and well-being. However, as the global population grows, achieving this for all communities worldwide becomes more challenging......»»
Whitepaper: DevSecOps Blueprint
In the DevSecOps Blueprint whitepaper, GitGuardian outlines a robust foundation for building an automated and technology-driven DevSecOps Program that addresses every aspect of the SDLC. Learn how your organization can embed security at every layer:.....»»
Lear says Q2 earnings rise on record sales, lowers outlook amid EV uncertainty
Lear reported record sales and a modest gain in second-quarter net income as the company brings more automation technology in-house and adjusts to rapidly changing EV strategies......»»
4 takeaways from Tesla"s Q2 earnings as profit plunges
Automotive gross margin, a key indicator of profitability, fell to just under 15 percent in the second quarter, its lowest level in five years. Tesla's operating margin fell to 6.3 percent from 9.6 percent a year earlier......»»