TRNO completes property development of Building 34 in Hialeah. It is fully leased and targets LEED certification, advancing its strategy to upgrade property quality.
TRNO completes property development of Building 34 in Hialeah. It is fully leased and targets LEED certification, advancing its strategy to upgrade property quality.
Major Chinese automakers have reported shrinking profits for 2025, despite rising revenues. Photo: VCG Industry leader BYD Co. reported a 19% plunge in annual net profit, leading a wave of dismal 2025 earnings across China’s auto sector as a brutal price war and slowing demand squeeze margins. Driven by rapid technological shifts and an oversaturated domestic market, Chinese automakers are struggl...
Major Chinese automakers have reported shrinking profits for 2025, despite rising revenues. Photo: VCG Industry leader BYD Co. reported a 19% plunge in annual net profit, leading a wave of dismal 2025 earnings across China’s auto sector as a brutal price war and slowing demand squeeze margins. Driven by rapid technological shifts and an oversaturated domestic market, Chinese automakers are struggling to translate sales into earnings. Industry-wide vehicle sales in the country fell by more than 20% in the first quarter of 2026, compounding the financial pain revealed in recent annual reports. The industry’s average profit margin sank to a historic low of 4.1% in 2025 and dropped further to 2.9% in the first two months of 2026, according to the China Passenger Car Association.
A killer itch and a trapped group of strangers make for a tense, if uneven, horror that balances grisly shocks with sketchy character drama This horror is set in a world where a highly contagious disease causes itching so severe that the scratching proves quickly fatal; finally, a film targeting the under-served eczema community! The body horror elements are realised extremely effectively, with a ...
A killer itch and a trapped group of strangers make for a tense, if uneven, horror that balances grisly shocks with sketchy character drama This horror is set in a world where a highly contagious disease causes itching so severe that the scratching proves quickly fatal; finally, a film targeting the under-served eczema community! The body horror elements are realised extremely effectively, with a woman literally tearing at her skin being the most effective set-piece. Alas, the film doesn’t have the scope (on what was clearly a modest budget) to indulge in very many of these. Much of the rest of the runtime is the pressure-cooker conversation that occurs between a motley crew of so-far-uninfected civilians caught out at a department store. While the reason they are trapped is horrific, this makes the film at least as much a character study as it is a horror, with variable results. Scenarios from classic films which the film-makers may have had in mind include the hard-pressed band of isolated scientists confronting a shape-shifting monster in John Carpenter’s The Thing, the mismatched duo defending a defunct police station under siege in John Carpenter’s Assault on Precinct 13, or even a non-John Carpenter film, Night of the Living Dead, in which survivors hole up in a farmhouse. The key to these types of films is a blend of genre excitement and character dynamics. It would have been great to see more of this from Itch!: on the one hand, a slightly bigger budget for more of the gnarly effects it pulls off so well in some brief scenes, and on the other, a sharper script to serve the human aspect. Continue reading...
Rachel Reeves is one of many finance ministers traveling to DC this week but don’t expect her to drop by the White House with a bottle of wine and box of chocolates. This is no convivial gathering among friends — it’s more like an awkward parish committee meeting, taking place after the guy in charge of Neighbourhood Watch set up a blockade on the high street. “I do feel very frustrated and angry ...
Rachel Reeves is one of many finance ministers traveling to DC this week but don’t expect her to drop by the White House with a bottle of wine and box of chocolates. This is no convivial gathering among friends — it’s more like an awkward parish committee meeting, taking place after the guy in charge of Neighbourhood Watch set up a blockade on the high street. “I do feel very frustrated and angry that the US went into this war without a clear exit plan, without a clear idea of what they were trying to achieve,” Chancellor Reeves told the Mirror tabloid earlier today. “No sensible person is a supporter of the Iranian regime but to start a conflict without being clear about what the objectives are, I do think that is a folly.” Reeves has cause to be upset. She’ll arrive at the IMF-World Bank’s Spring Meetings to the sound of another thumping downgrade to the UK’s economic outlook, after the IMF said Britain will be the biggest loser in the Group of Seven as a result of conflict in the Middle East. UK growth will be just 0.8% this year, the IMF forecasts, a much sharper drop in expectations than it applied to peer countries. Unemployment is expected to reach 5.6% — up from the IMF’s forecast of just 4.7% back in October. “The war in Iran is not our war, but it will come at a cost to the UK,” Reeves said, in an official response to the figures. “These are not costs I wanted, but they are costs we will have to respond to.” One of the costs that may be occupying her mind is that of servicing the public debt. A load of 10-year gilts were sold today at the highest yield since the global financial crisis, a rather ominous reminder of Britain’s plight. Prior to the start of the US-Israeli attacks on Iran at the end of February, the market yield on 10-year gilts had dropped to 4.23% from a peak of 4.8% last year. Reeves was sitting on £23 billion of headroom and all was looking fine and dandy. Now yields are back around 4.8% again. Talking of how things have changed, there was...
The war entered a new phase when President Trump began a U.S. naval blockade of the Strait of Hormuz. Aaron David Miller of the Carnegie Endowment for International Peace explains what this means.
The war entered a new phase when President Trump began a U.S. naval blockade of the Strait of Hormuz. Aaron David Miller of the Carnegie Endowment for International Peace explains what this means.
HOUSTON—Their mission is complete. The four people who flew beyond the Moon on NASA's Artemis II mission are back home in Houston with their families. But the lessons from Artemis II are just beginning to be told. There are tangible, objective takeaways from the nine-day mission. How did NASA's Space Launch System rocket perform? Nearly perfectly. Was the Orion spacecraft up to the job of flying t...
HOUSTON—Their mission is complete. The four people who flew beyond the Moon on NASA's Artemis II mission are back home in Houston with their families. But the lessons from Artemis II are just beginning to be told. There are tangible, objective takeaways from the nine-day mission. How did NASA's Space Launch System rocket perform? Nearly perfectly. Was the Orion spacecraft up to the job of flying to the Moon and back? Absolutely. Will engineers need to make any changes before the next Artemis mission? Yes, and that's not terribly surprising for a program that, 20 years in, has just flown a crew to space for the first time. Ars has covered the technical lessons from Artemis II, such as hydrogen leaks on the launch pad , helium leaks in space , and a toilet that wasn't always available for No. 1. Read full article Comments
Getty Images Shares of CarMax, Inc. ( KMX ) have been a poor performer over the past year, losing over 30% of their value. The company has struggled with a weak environment for used car sales, given a difficult affordability environment. That said, shares have rebounded strongly from the bottom amid management change and activist pressure. Mixed Q4 earnings reported on Tuesday morning sent shares ...
Getty Images Shares of CarMax, Inc. ( KMX ) have been a poor performer over the past year, losing over 30% of their value. The company has struggled with a weak environment for used car sales, given a difficult affordability environment. That said, shares have rebounded strongly from the bottom amid management change and activist pressure. Mixed Q4 earnings reported on Tuesday morning sent shares 10% lower, reflecting the fact that the turnaround is still in its early innings. I last covered shares in December , rating the stock a Buy, and shares have gained about 15% since then, hitting my $50 target. With updated financials, now is a good time to revisit KMX. Seeking Alpha In the company’s fourth quarter , CarMax earned $0.34, which was $0.13 ahead of expectations , though revenue was down 1% from last year at nearly $6 billion. While better than consensus, earnings were substantially below last year’s $0.64, reflecting a difficult margin environment in the used car sector. Same-store unit sales were down 1.9%. Beyond this, a strategic shift in its financing unit is weighing on near-term earnings, but this should be temporary. There was weakness across the used car business. Retail selling prices were down 0.4% from last year to $26k. As a result, retail margins were down $200 to $2,115. KMX has relied on pricing actions to support sales activity, but units were still down 0.8% to 181k. Similarly, on the wholesale side, volumes were up 3%, but pricing was down 3.3%. Margins here fell by $100 to $940. Given weaker pricing, gross profit fell by 9% to $605 million. Total inventories were up about 5% to $4.1 billion, and that is likely to keep margins under pressure given the sluggish pace of sales. Frankly, CarMax’s pricing experience is underperforming national metrics. The benchmark Manheim used vehicle index is up 4% from last year. However, this largely reflects strength in the luxury end of the market, and the used car market is an area where the “K” shaped phen...
In this article UAL AAL Follow your favorite stocks CREATE FREE ACCOUNT American Airlines and United Airlines airplanes at the Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images United Airlines CEO Scott Kirby reportedly floated the idea of a potential tie-up with rival American Airlines ...
In this article UAL AAL Follow your favorite stocks CREATE FREE ACCOUNT American Airlines and United Airlines airplanes at the Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images United Airlines CEO Scott Kirby reportedly floated the idea of a potential tie-up with rival American Airlines to the Trump administration earlier this year, a suggestion that if acted upon, would create the world's largest airline. While the Trump administration has appeared more open to mega deals than its predecessors, such a merger would face heavy regulatory scrutiny with the top four airlines (those two carriers, plus Delta Air Lines and Southwest Airlines) already dominating about 80% of domestic capacity. If they combined, American and United would have a roughly 40% domestic share, according to airline-data firm OAG. "This would be the biggest of all time. I can't even see the slightest chance that a court would allow it," said George Hay, a law professor at Cornell University. watch now VIDEO 3:36 03:36 Department of Transportation has no comment on possible United, American Airlines deal Squawk Box American and United declined to comment on the discussion of a merger, which was reported Monday by Bloomberg . The White House didn't immediately comment on the reported discussion. American shares were up 9% on Tuesday morning. Seaport Research Partners airline analyst Daniel McKenzie said he attributed the move "to short covering rather than the market assigning legitimacy to the merger idea." He added that the deal would be "be dead on arrival, though politely reviewed until the public backlash became too deafening." If the Justice Department "doesn't object to that, then what would they object to? It is very hard to imagine a deal of that magnitude and concentration going through," said Samuel Engel, senior vice president at consulting firm ICF. He said consolidation allow...
Johnson & Johnson today announced that its Board of Directors has declared a 3.1% increase in the quarterly dividend, from $1.30 per share to $1.34 per share, marking the 64th year of consecutive increases. At the new rate, the indicated dividend on an annual basis is $5.36
Johnson & Johnson today announced that its Board of Directors has declared a 3.1% increase in the quarterly dividend, from $1.30 per share to $1.34 per share, marking the 64th year of consecutive increases. At the new rate, the indicated dividend on an annual basis is $5.36