Higher interest rates could slow Group 1 acquisitions in '23
While Group 1 Automotive will likely acquire more dealerships in 2023, CEO Daryl Kenningham says the transactions may not come at the same rate as over the previous 18 months.
Gentex says Q4 net income rose 2.3% while revenue improved 18%
Automotive mirror supplier Gentex said its fourth-quarter net income rose 2.3 percent to $86.2 million as customers improved production from previous quarters.
Disney: Tron ride will open with virtual queue, no standby line
Disney says Tron Lightcycle / Run ride will use virtual queue, Lightning Lane, double-sided lockers at April 4 opening
US inflation and consumer spending cooled in December
The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series of interest rate hikes are slowing the economy.
Chester, Gatorland’s notoriously rowdy rescue alligator, has died
Chester, longtime resident of Gatorland and former dog terrorizer, dies. He was the attraction’s rescue alligator.