VIS expects 17% revenue growth in 2Q23
Specialty IC foundry Vanguard International Semiconductor (VIS) expects to post a revenue increase of approximately 17% sequentially in the second quarter of 2023, with gross margin and operating margin remaining roughly unchanged on quarter......»»
GM sees growth for CarBravo used-vehicle sales platform
About 45 percent of used vehicles sold through CarBravo would not have been certified before, including older vehicles and those from non-GM brands, and they're backed by GM factory warranties......»»
VinFast Q2 loss widens on impairment charge, higher overseas outlays
Revenue jumped 33 percent quarter-on-quarter to $357 million but the deeper loss underscores the risks of VinFast's aggressive expansion strategy ......»»
Picus Security raises $45 million to help organizations reduce cyber risk
Picus Security announced it has closed a $45 million growth investment round led by Riverwood Capital with the participation of existing investor Earlybird Digital East Fund, bringing Picus’ total funds raised to $80 million. Picus has over 500 ent.....»»
Harnessing nature"s rhythm: Piezocatalysis for organic pollutant degradation
With the rapid growth of industrial and agricultural activities, water bodies are increasingly contaminated with harmful organic pollutants such as dyes, antibiotics, and bisphenol A. Traditional methods like adsorption, chemical treatments, and biol.....»»
India coal expansion risks massive methane growth: Report
India's plans to expand coal mining could double emissions of the potent greenhouse gas methane from its domestic coal sector by 2029, threatening its climate goals, a report warned Thursday......»»
Buick leans in to premium design for long-term sales growth
With the redesigned 2025 Enclave crossover, Buick has a fully overhauled product lineup and is seeking to generate brand awareness and customer consideration......»»
Analyzing economic activity in a growing city: Insights from 19th century Paris
Researchers have just published their findings on the analysis of economic activities over a century of urban growth in the city of Paris......»»
An unexpected protein connection in maize growth and defense could enhance crop resilience
Maize (corn) is one of the most important staple crops in the world and has been extensively studied. Yet, many aspects of the genetic mechanisms regulating its growth and development remain unexplored......»»
US ally says it expects America to intervene if China tries to take a rusting World War II warship in the South China Sea
US ally says it expects America to intervene if China tries to take a rusting World War II warship in the South China Sea.....»»
Why do Asian consumers love luxury shopping?
The Asia-Pacific region is the largest consumer of personal luxury goods in the world. Asian consumers shop at home and overseas in cities like New York, Milan and Paris, contributing to the luxury industry's remarkable growth......»»
Paying attention to errors can improve fused remote monitoring of lakes, researchers say
Lakes can tip the scales from healthy to potential environmental hazard quickly when they become eutrophic. In this state, an abundance of nutrients accelerates algae growth, which then crowd the water's surface and block light from reaching organism.....»»
Biden moves to crack down on Shein and Temu, slow shipments into US
Rapid growth of Temu and Shein threatens US businesses and consumers, Biden says. Enlarge (credit: NurPhoto / Contributor | NurPhoto) The Biden administration has proposed rules that could make it more costly for Chinese.....»»
Trees in tropical logged forests release carbon at greater rate despite faster growth, study finds
Tree stems in tropical forests recovering from logging produce carbon dioxide at a greater rate than those in unlogged forests, according to a new study from the University of Leicester......»»
Cyber insurance set for explosive growth
Cyber insurance is poised for exponential growth over the coming decade, but it remains a capital-intensive peril that requires structural innovation, according to CyberCube. The mid-range projection suggests that the US standalone cyber insurance ma.....»»
Researchers achieve efficient electro-oxidation of glycerol to formate under room temperature
Glycerol is a key byproduct of biodiesel fabrication, and its production has increased proportionally with the growth of biodiesel production. Glycerol electrooxidation is considered as an innovative strategy due to its low theoretical potential and.....»»
Ford Pro CEO Ted Cannis to retire
Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis......»»
Ozone pollution reduces yearly tropical forest growth by 5.1%, study finds
Ozone gas is reducing the growth of tropical forests—leaving an estimated 290 million tonnes of carbon uncaptured each year, new research shows......»»
Fighting wildfires with legislation: Preparing congressional staffers to craft effective solutions
The most effective tool to combat devastating wildfires may be the pen. Writing effective legislation will be key to slowing and even reversing the growth in destructive conflagrations throughout the Western U.S......»»
Daily 5 report for Sept. 10: Magna pumps the brakes on a North American plant
With EV sales growth slowing, Magna says getting an automaker to commit long term is difficult......»»
Lithia Motors enters north Florida, buys 3 dealerships
Lithia expects the stores to add more than $200 million in annual revenue......»»