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CarMax (KMX) Q1 earnings

A view of a CarMax dealership on April 10, 2025 in Santa Rosa, California. Justin Sullivan | Getty Images Shares of CarMax fell roughly 8% during midday trading Wednesday after the company beat Wall Street’s quarterly earnings expectations and its new CEO detailed a high-level turnaround strategy for the company. Here’s how the company performed...
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Less than one-third of global workers feel their jobs are safe, ADP survey data shows

Workers at the Siemens Healthineers AG global capability center (GCC) in Bengaluru, India, on Thursday, on April 27, 2023. Global capability centers have evolved far beyond tech support, but their growth presents challenges for multinationals and Indian cities alike. Photographer: Aparna Jayakumar/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Workers around the world are...
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Middle East Conflict Airline Profits: Middle East conflict to cut airline profits 10-15% this fiscal as ATF costs, rupee pressure bite: Report

Operating profits of Indian airlines are expected to decline 10-15 per cent this fiscal year as elevated aviation turbine fuel (ATF) prices, airspace restrictions and rupee depreciation caused by the Middle East conflict weigh on the sector, a Crisil report said on Wednesday.The rating agency estimated that the combined operating profit of domestic airlines could...
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‘Commercially useful’ quantum computers in 5-7 years

The first “commercially useful” quantum computer will be available in the next five-to-seven years, Amazon‘s top artificial intelligence executive told CNBC on Wednesday. Peter DeSantis, who is a few months into his role leading a new Amazon organization focused on AI models, chips and quantum computing, said the technology will then grow in a similar...
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Trump sabotages Senate bid to fast-track Clayton as DNI

President Donald Trump on Wednesday said he will be “cancelling” the confirmation hearing for U.S. Attorney for the Southern District of New York Jay Clayton to become the director of national intelligence. It’s unclear why Trump is trying to delay Clayton’s confirmation hearing, scheduled for Wednesday afternoon. The president rolled through a list of grievances...
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