26 Burst results for "Carmax"
"carmax" Discussed on The Patriot AM 1150
"CarMax is l a Clippers basketball. Why? Leonard is a destroyer of worlds right now on the official home of your L. A Clippers. Flippers in New Orleans taken on the pelicans. Tip time is just about 45 minutes away. Welcome back in the Clippers. Count down your official Clippers free game show on that a Muslim still to come. We'll go back in time and clippers rewind will take things back to 2014. But first, let's turn things over to your voice of the Clippers. No eagle. All right, Adam. Thanks so much. No Eagle Clippers head coach Tyronn Lue get you ready for the Clippers in New Orleans Pelicans following a 1091 of four went over the Houston Rockets and in that game offense was starting to spot her a little bit in that third quarter comeback in the fourth, and Paul George continues to remain aggressive. He had 10 free throw attempts in that game. He makes all 10 and it seems like he's really put a lot more stress at getting to the free throw line. Best he can Some of it is out of his control. But how have you seen? His mindset changed a bit as the season's gone on. I'm just not getting frustrated when he doesn't get calls and just keep attacking. He put the pressure on the officials. When he's getting down here getting to the basket. I said he's been doing a great job, you know, attacking the basket, but also make another guy's better team the loading up in trying to help Markets. Cousins announced today that he will be signed for the rest of the year with his team. We've talked about how he's made winning plays, he's taken charges and he's really come in, and he just he stayed with it himself, and I know that you said that now he acts time to really figure out what his role looks like, figure out the offense, but what's good about having him now the rest of the way? Just great insurance policy. When you get a guy that talented, you know, to come in, and you know this late this season, censored has been out for so long is great and he's playing well. Teammates love him. You see it, taking three charges the other night, but give us a post presence on that second unit to slow the game down, and he's an excellent pastor. Once he kisses the ball in the post speaking the slowing the game down, it seems like the game has slowed down for a mere coffee. He's in his second season. We don't talk a whole lot about him is a two way guy, but he played very well in that game against Houston came off the bench with 10 points. He had a couple of sis a couple of rebounds. How have you seen the game? Slow down for him. I just think confidence thinks playing with a lot of confidence. You know, he's allowed to make mistakes, but you could always live with those guys. I mean those mistakes because No human T man. Those guys will play so hard to compete on both ends of the floor, and it's just great to see you as a young player. You know you're allowed to make mistakes, and we still give him confidence to play. It's a great feeling to have so American parents, you know, I couldn't ask. You know too much more. Those guys throughout the course of this season. How they played that happened. Stepped in and just, you know. Taking responsibility for coming. You're planning a big minutes. Big games. Keep moments, they've done a great job. You've been short handed the last couple of games and you finally have two days in between games for the first time in over three weeks. How crucial think that is for your team, And how did you utilize those two days? I was very crucial just far as the rest. You know, a lot of guys playing a lot of minutes and you know, a lot of guys have you know some knickknacks here in there, so just give those guys two days off and just be able to, you know, walk through some stuff defensively in Houston. Um, couple something's off offensively as well. I thought was good for us. But, you know, having two days with no game, I think you know, really, really was helpful for our for our chick. Now you're 62 games and it's a 72 game season this year, a little bit shortened, so 10 games remaining. Is there one thing one goal in mind for this final 10 game stretch before the playoffs that you'd like to accomplish with this team? Get our guys back. Get fair enough for me. Yes, sir. Fair enough That makes complete and total sense. Let's look in New Orleans and before in the prior two matches, we had talked about Zion Williamson and just how difficulty is to cover. We've talked about Stan Van Gundy and your time with him in Orlando. But when you've got his eye on, and Steven Adams those are two of the strongest players across the entire NBA. In fact, Sion even said that Steven Adams is the strongest person he's ever been around. Beside himself, which is saying something so In your time in the N B. A. Who do you think the strongest player in the league was? Who you say on the court as farms. You know, 1000 like by the body, I would say, Pie Shack. Um, if you say so, in the weight room as far as bitch President waits, I'm saying Horace Grant was pretty sure Dwight Howard I also have been Wallace. Um, those three guys that forest like weights and lifting weights and things like that they were. They were really strong. So you're saying if ever getting into an alley fight, take one of those three with you and you should be good to go. I think so. Okay. All right. I'm gonna keep that in mind. That's all I'm gonna say. Coach we appreciate you is always best of luck tonight. Thank you very much. All right there. Listen, the Clippers radio network..
CIOs of Dow and CarMax Drive Process Modernization at Scale
"Let me begin with you melanie please. So wow what a. What a remarkable several years. It's been during your time and your tenure as chief information officer dow has been through major acquisitions. It's been through multiple major Divestitures as well yours is an organization generally speaking but an it organization more specifically that has had to foster a tremendous amount of change and stand up as well as spin out a lot of parts of the organization and think about the people process and technology implications of each of those things. I want and what one of the fascinating changes that you've ushered in is a changing. It's orientation more towards service delivery. And i wonder if you can take the story from there and talk a bit about i. Why maybe talk a bit about the specifics of service delivery as as it's defined within your organization as well as some of the methods you have used in order to bring that about scherer. Thank you peter and happy to be here. You have been through tremendous change over the last few years with the Like you said the merge of two companies and spin out of three companies which davis a great opportunity to drive changes and really Early-on start driving some of our digital transformation which put us in a really good position As the pandemic But one of the key changes from as an it organization we help drive. Change across the whole company Several years ago. When i took over as cio we put a strategy in place which was really a not an it strategy it was really a it strategy for the company or the organization and as part of that we really changed our approach To how we how we execute in in in nis we focused on the customer experience the employment experience and working at the speed of business
"carmax" Discussed on American Innovations
"He stares into the pan is the bubbles phys violently around the shrimp and then inspiration strikes the oil of course i have an idea and russia's into the backyard get some more dry noodles from his rack. He returns to the kitchen and throws his noodles into the hot oil. The pant just as expected a swarm of angry bubbles instantly forms around his noodles those bubbles created by the moisture inside the noodles being forced out by the hot oil the flash frying process dehydrates and noodles. Fast making them long-lasting without ruining their shape even better. The process creates thousands of tiny pores in the noodles. The will make them super absorbent when mixed with hot water. The result is long-lasting noodles. That could quickly without disintegrating and those just cracked the secret of instant noodles armed with his flash frying process and opens a factory and an august. Nineteen fifty-eight his instant. Chicken rahman goes on sale in japan. Just timing is excellent. Japan's about to enter a thirty year. economic growth. Spurt doesn't take long for this busy nation to embrace the speed and convenience of does innovation within a few years. He selling billions of servings of instant noodles and having conquered japan stomachs ando decides. It's time to bring instant rahman to america. It's nineteen sixty six. An endo is in the offices of a los angeles supermarket chain. He's come to convince them to put his noodles on their shelves as an electric kettle. Hisses away ando proudly explains how convenient and easy is noodles are after the kettle. Boils you just add the water the noodles then three minutes later it is ready to eat. Our noodles are both fast and easy. That's what makes them special. We are not selling customers noodles. We are selling them time into glances that the kettle he can tell by the sound that the waters almost boiled so we now just need bowls to make the noodles in the supermarket buyers clancy each other confused Mr honda. we assumed you'd bring whatever utensils and cutlery you needed for your presentation. We don't have any balls panic. Flashes on does face without bowls. He can't serve them his noodle soup his shot at getting on. This store shelves is about to go down in flames but then one of the buyers gets to his feet up. I've got an idea. Buyer leaves the meeting room and stands and smiles awkwardly until he returns in the buyers. Hands are some styrofoam coffee cups. Plastic forks. I thought we could use these and holds his smile but inside. He's cringing he can't believe these. Americans are about to eat noodles from a plastic cup with forks instead of chopsticks. But there's no other option endo opens a packet of his instant rahman and breaks up the disc dehydrated noodles so that the pieces are small enough to fit inside the coffee cups then. He adds the hot water and watches. The americans fork noodles into their mouths from the plastic cups and as he does an idea fires in his head if his noodles are about saving his customers time why not see them the hassle of needing a bowl why not just turn the packaging into the bowl back in japan and gets to work on designing an instant noodle package that will be a container cooking pot and serving bowl all in one it takes years to get it right to ensure the noodles cook evenly. He creates a tapered cup that holds the dried noodles above the base of the container. He opts for an easy to remove. Foil lid any makes it out of a plastic. It is good at keeping in heat and water in september nineteen seventy-one and cup noodles go on sale in japan. They prove even more popular than it's instant ramen packets but the popularity of cup noodles is only getting started by the end of the nineteen seventies cup. Noodles will be on sale all over the world. Soon instant noodles will be as common as coca cola and feeding hundreds of millions of people every day. Today the world slurps its way through more than one hundred billion servings of time-saving instant noodles every year and was not the only person back in the nineteen forties who sends the potential of food and flash around the same time endo spotted that robin install in osaka. An inventor. back in the united states was about to ignite a cooking revolution. The team at carmax understands that finding the right car takes time and now with their unrivalled. Love your car guarantee. You can take your time to get to know your next car. Starting with a twenty four hour test drive take it home and experience your car with a real life road test drive it to work make a grocery run load of the kids and make sure it's the right one for you with no strings attached and no obligation to buy. It's all part of the new love. Your car guarantee from carmax. Get all the details today. At carmax dot com. It's a weekday morning in nineteen forty-six in waltham massachusetts and percy spencer. Is about to leave for work. he's a self taught. Electrical engineer and head of the local plant of the defense manufacturer raytheon spencer pulls on. His coat grabs his briefcase and checks himself in the hallway mirror. He's a stocky man in his early fifties with short need hair and round thick rimmed glasses. He straightens his bow tie and makes for the door but then suddenly stops. He pats down the pockets of his coat and pants. Oh darn spencer. Hurries back to the kitchen where his wife is sipping your morning coffee. She looks up forgotten. Something.
"carmax" Discussed on American Innovations
"Carmax became america's largest used car retailer by continuously improving the car buying experience and their latest innovation. The love your car guarantee takes buying with confidence to a whole new level starting with a twenty four hour test drive drive it to work load up the cup holders put it through a real life road test before you buy and if it feels right you've got a full month and up to fifteen hundred miles to keep on driving with their new thirty day. Money back guarantee. Learn more about the new love your car guarantee from carmax at carmax dot com from wondering. This is american innovations. I'm steven johnson. George balances weed whacker is just one example of a simple yet. Ingenious invention the challenge. The status quo made our lives easier along the way on this special bonus episode of american innovations. We've partnered with carmax to tell the stories of free inventors who never settled for the way things are in instead through their visionary products showed us the way things ought to be presented by carmax from pioneering. No haggle prices to their new unrivalled. Love your car guarantee. Carmax continues to challenge the used car industry setting new standards for the way car buying should be. It's early nineteen forty-six and the dead of winter. Momofuku ando wanders ruins of osaka. Japan in the aftermath of world war two. The city is a landscape of devastation. Entire blocks are now bomb-sights the surviving buildings stand teetering amid an expanse of rubble. But in this flatten city ando sees opportunity. He's a thirty five year. Old taiwanese businessman he came to japan in the nineteen thirties made his first fortune in textiles during the war. He made a second fortune building aircraft engines for the japanese military. Now he's buying large parts of downtown osaka for a pittance from broke landowners but his he and his associate head to another meeting something catches and does across the street billowing clouds of steam rise into the winter air from a makeshift wooden stall in front of the stall stands a long line of people shivering in dirty rat. Close indo turns to his associate. What are they waiting for. And does associates shrugs. I've no idea let's go see and across the street and approaches the stall as he nears it. The comforting smell chicken broth filled says nostrils inside the makeshift stall. A young man with tired arm's ladle soup freshly made noodles into bowls it's rahman stall and knows from the tattooed server that this food stall is run by the yakuza. Japan's mafia japan's last rice harvest was a disaster. Leaving the country dependent on wheat imports from its american occupiers but strict rationing means that people are still going hungry so the yakuza have taken advantage of the situation. They're siphoning off some of the american wheat rations using them to make rahman which they sell through illicit stalls like this one and watches as an emaciated man. Briefly takes a bowl of warm noodle soup from the stall vendor. They excited look on. The man's face says it all he digs into the ball with his chopsticks. Greedily stuffing warm comforting noodles into his face and knows that until now no one cared this much about rahman sure everyone in japan is eaten it but rahman was nothing special just one dish among many. It's also a slow dish to prepare. The broth takes hours and constant attention to make. The noodle dough has to be made. Fresh rolled flat and cut into strips before being dried for hours but in japan's flatten cities. This once minor league dish is taking on a new importance as a cheap filling tasty and thanks to the accusa relatively accessible comfort. You just have to wait in line in the freezing cold to get curiosity satisfied and turns to his associate. Look at the suffering these people are going through for rahman only there was a better way to get it. It's an idle thought. But it's one that will stick with him as will the image of those malnourished people waiting in the cold rubble-strewn city streets for a bowl of roman but it won't be until ando himself hits rock bottom that he'll finally act on that insight. It's one thousand nine hundred fifty seven in a cramped backyard shack in osaka endo chops vegetables to his rape. Tinpot simmers over small gas burner. Endo is no longer one of the richest men in osaka. A few months ago the bank he used to run went. Bust all this forty seven year old has left now is his house. This shack an overwhelming sense of shame about his failures but then he remembered the rahman stall in the ruins of osaka and the possibility that day. So now he seeking salvation in noodles instant noodles. He wants to turn around and into the ultimate convenience food emil. That's inexpensive has a long shelf life and can be cooked just by adding hot water but that mission is proving easier said than done and finished. His slicing vegetables lifts the lid of his pot inside the immersed in bubbling water is the chicken slaughter this morning drops chop vegetables into the simmering broth and replaces the lid now for the noodles and leaves shack outside long strands of dry noodles. Hang from tall wooden rack and a scoops up some of these air dried noodles and goes back into shack. He spent months trying to make the perfect instant noodle but every attempt ended in disaster. He's gotten pretty good at making fresh noodles. It's how to dry them. That still has him stumped. The noodles need to be dehydrated so that they have a long shelf life but they must also cook and rehydrate fast but every time he adds his dried noodles to the hopper off. They break apart and turn into a soggy mess. You think the problem is the recipe so today he's trying something different adding yam to the noodle dough he hopes the extra starch from the am will stop his noodles from trying to mush as they cook. He adds to noodles to his broth and checks. his wristwatch. he stares is the second hand circles. The watch face one minute passes then two minutes. As the second hand hits a three minute mark and lifts the lid on his pot.
"carmax" Discussed on American Innovations
"It's nineteen seventy-one houston. Texas george ballas pulls his cadillac into an automatic car. Wash he switches off. The ignition sits back and watches as the jets of soapy..
Buy a used car with a 30-day return policy
"Owing to tell you something. I was driving down a freeway. And i saw a billboard then that was like right it was a billboard for carmax and it said that carmax was giving you a thirty day to return vehicle for a refund. After you buy it. I was like was some kind of market test. Or what is this. So i get on car max website and it's the real deal bay facing a lot of pressure from carbon have really had to step up their game and now they're doing touchless deliveries and all this kind of stuff. Stead a carmax is original business model. Which was where you went to these giant parking lots and you went around with the salesperson and you would run around in a short test drive and all that so now. They're really trying to respond to the marketplace and carmax now is doing twenty four hour test drives which gives them a real leg-up on their archrival. Karvina where you no obligation you can test drive a vehicle for a full twenty four hour period and that fits if you think about something. I've talked about for the last. Oh i don't know twenty five years there when there is a model maker model. You're interested in that you go rent that car for a weekend or suv or whatever to really experience it which you can learn so much more than you can from ten minute test. Strive well carmax pay. You can go test drive a vehicle for a full day and then if you do buy it then you've got that month to decide whether or not you like it or not and if you don't as long as you don't go over the miles they allow you to go and stuff like that you just take it back. And say hey. This was nice not for me. And you're done. And what i love about what's happening in the dynamic part of the us vehicle market is it's all about focusing on what the customer wants and eliminating pain points carbonneau. Which i mentioned is one of the fastest growing companies in the united states and they keep losing money apparently but they are all about market share and the us vehicle market very heavily oriented toward selling used vehicles to people under age. Forty who buy a vehicle right on their smartphone and finance it if they want right on their smartphone and then you can go to these gimmicky. vending machines if you live in a part of the are you've seen the vending machines. They locate them on high traffic. Carter's usually by interstates and you go in. And you put the special token in there and the vehicle comes down an elevator and you get in it and you drive away and so it's pretty crazy. You also have the right to return a carbon vehicle for seven days and what's happening in the us. Vehicle market is the market share of traditional dealers who play the rough and tumble games and second. You leave the what you're stuck with. A piece of garbage used vehicle would no right to return and all that they are steadily. Losing market share to The car maxes and carbon and the imitators of the two of them that are popping up around the country. I was very disappointed. In one of the large traditional dealer. Groups is now opening their version of a supposedly customer-friendly us vehicle lot in more and more cities particularly around the south and the west. And they don't give the customer friendly things of clear pricing the right to return for a full refund for all all of that and so traditions die hard and industries but when you buy a used vehicle know that still even though these players that are customer friendly or the fast growing ones most used vehicles are still sold in the hostile anti consumer environment of their traditional used vehicle market. Be careful but i don't care where you buy your used vehicle. I want you to have it out by a mechanic of your choosing with a seller. Who allows you a right to return for a period of time for a full refund. When you're when you have that vehicle in your possession have it checked out during that time. If you're buying one from a traditional anti consumer dealer either a new car dealers used car that sandy consumer or a used car lot that sandy consumer you need as part of a condition of purchase to check out that van and have the vehicle checked out by mechanic prior to your commitment to buying a dealer will not agree to those conditions. They got something to hide. And that's not where you buy your vehicle.
"carmax" Discussed on MarketFoolery
"CARMAX, , second quarter profits and revenue came in much higher than expected. . And the last time I checked the stock. . It was down twelve percent. . I was surprised by this because this was a really good quarter for Carmax I didn't see anything in their guidance to indicate that the next three to six months is going to be particularly perilous. . Yeah I was also surprised they beat expectations revenue was up three point three, , percent five, point , three, , seven, , billion earnings were up percent last quarter they had implemented cost savings they had furloughed fifteen thousand workers, , the CEO Bill. . Nash Reduced Salary by fifty percent, , they stopped new store openings like you said Chris this this quarter was really good for them. . Their sales had bounced back by. Around . June, , we saw revenue growth, , they're hiring seven, , hundred, , fifty people at their customer experience center they're planning to open stores. . Again, , the stock is up twenty one percent since the beginning of the year. . So I don't know if it's more trying to temper expectations for the future, , but it was a solid quarter for them. . We've certainly seen that with other companies in other industries where. . The come out with, results. , . They are somewhere on the spectrum of good to great but not. . Off John Dropping perfect. . And we see a little bit of a off just because you're to date the stock is doing well. . I Dunno Carmax. . I've the last vehicle. . I bought was from Carmax. A . couple of years ago had a very good experience. . I would absolutely go back there again because I feel like they have. . I don't want to say they have solved a pain point, , but they have certainly made a pain point a lot less painful and I'm referring to the process of buying a car which for for most people, , it's just trans. . Actually we just want the car that we want and please don't make me go through the whole haggling Kabuki theatre thing because that's just awful. . Yeah I have never bought a car I. . Don't have a driver's license, , but I will say I was I was interested in. . How, they , might have done in the last recession. . So you can see if there are people who are listening economic service. . If you look at the demand curve for normal products as income increases the demand for a product increases but with inferior goods are inferior products they do well in a recession because as income <hes> decreases demand for this product increases, , and since Carmax maxell eighty, , five percent of their revenue is used cars. . It seems likely that they would be considered an inferior product. . So if we see a recession in the future, , they would be a company that would do well, , and so I looked at. . How they did in the last recession, , and if you look at the stock from March twenty, , two, , thousand, eight , to September Twenty fifteen, , it returned two hundred, , four percent compared to fifty percent for the S. and P. Five hundred. . So I think looking forward and thinking long term about Carmax if you're thinking about the impacts, the , long-term recession impacts of covid nineteen, , this might be an interesting to think thing to think about is those inferior products versus those normalized product particularly in urban areas where you're a for people who have the means they're probably to be spending less time getting on subways if they can avoid it. . I gotta say inferior goods as a categorization just sounds pejorative that sounds like something that the new auto dealers of America came up with yeah. . It's not the nicest term and when you study, they'll , say a bus is considered an inferior to car planes kind of insulting. . But that is the technical economic term
CarMax profit, revenue rise above expectations
"CARMAX, second quarter profits and revenue came in much higher than expected. And the last time I checked the stock. It was down twelve percent. I was surprised by this because this was a really good quarter for Carmax I didn't see anything in their guidance to indicate that the next three to six months is going to be particularly perilous. Yeah I was also surprised they beat expectations revenue was up three point three, percent five, point three, seven, billion earnings were up percent last quarter they had implemented cost savings they had furloughed fifteen thousand workers, the CEO Bill. Nash Reduced Salary by fifty percent, they stopped new store openings like you said Chris this this quarter was really good for them. Their sales had bounced back by. Around June, we saw revenue growth, they're hiring seven, hundred, fifty people at their customer experience center they're planning to open stores. Again, the stock is up twenty one percent since the beginning of the year. So I don't know if it's more trying to temper expectations for the future, but it was a solid quarter for them. We've certainly seen that with other companies in other industries where. The come out with, results. They are somewhere on the spectrum of good to great but not. Off John Dropping perfect. And we see a little bit of a off just because you're to date the stock is doing well. I Dunno Carmax. I've the last vehicle. I bought was from Carmax. A couple of years ago had a very good experience. I would absolutely go back there again because I feel like they have. I don't want to say they have solved a pain point, but they have certainly made a pain point a lot less painful and I'm referring to the process of buying a car which for for most people, it's just trans. Actually we just want the car that we want and please don't make me go through the whole haggling Kabuki theatre thing because that's just awful. Yeah I have never bought a car I. Don't have a driver's license, but I will say I was I was interested in. How, they might have done in the last recession. So you can see if there are people who are listening economic service. If you look at the demand curve for normal products as income increases the demand for a product increases but with inferior goods are inferior products they do well in a recession because as income decreases demand for this product increases, and since Carmax maxell eighty, five percent of their revenue is used cars. It seems likely that they would be considered an inferior product. So if we see a recession in the future, they would be a company that would do well, and so I looked at. How they did in the last recession, and if you look at the stock from March twenty, two, thousand, eight to September Twenty fifteen, it returned two hundred, four percent compared to fifty percent for the S. and P. Five hundred. So I think looking forward and thinking long term about Carmax if you're thinking about the impacts, the long-term recession impacts of covid nineteen, this might be an interesting to think thing to think about is those inferior products versus those normalized product particularly in urban areas where you're a for people who have the means they're probably to be spending less time getting on subways if they can avoid it. I gotta say inferior goods as a categorization just sounds pejorative that sounds like something that the new auto dealers of America came up with yeah. It's not the nicest term and when you study, they'll say a bus is considered an inferior to car planes kind of insulting. But that is the technical economic term
I Owe $94,000 to the IRS!
"Joining me today Ramsey personality Chris Hogan. Caesar's in Chicago Hi how are you? Hey how you doing? How can we help? Okay little nervous here. first time caller first time listener. I. Last summer started listening to you. Laugh. Until far about a month ago emotionally on one hundred, thirty thousand dollars in depth, which is on ninety, four, thousand dollars. Irs I'm trying to do what I tend to To figure what's the best way to tackle this Most of most of the other stuff is car Karleena and credit card that I just weren't to Carmax this weekend and sold a vehicle which has some positive equity. Our sixty, five, hundred I. Don't know what to do with this money at this point. What in the world? How do you owe the IRS ninety four thousand? Salamanders Twenty fifteen twenty, sixteen business, you know I, I, started a business with my wife I pretty much try to manage the business myself. You know everything myself and I kinda school things up and didn't help that I had a bad accounting I concert the irs this to be issue I. If we have to file a ten forty x forum I'll try a man does taxes you know put this is in process I mean I still have to making some kind of panic because I'm getting some letters on a male as far as. Stop stuff. So you're saying that the returns were filed improperly and you may not actually Oh this money when you follow amended returns. Exactly. Okay. But if you you have, you have some money you said you had six thousand dollars from sale your car. Yes. Sixty, sixty, five now. And current him baby step two so I might stop just. You're going to spend some money right now on a tax attorney. Or a tax professional, that is a stud of some kind and If it costs you six thousand dollars, it won't. But if it costs you two thousand dollars, this is job one right now. Is You can you can take your hundred and thirty thousand and wipe out ninety four or a big portion of ninety four with some simple proper filing you don't do that yourself. That's how you got here. You go get a tax pro check Daveramsey DOT COM and click on our taxi LP's if there's not one in your area start shopping around talk to some business guys that are that are competent business people in your area ask them for advice on who a good tax attorney or a tax pro Israel and let them dig in. I I don't you don't need to do anything. You don't worry about me staff. No this is job one I R. S. Yes. Job One that's what you're doing and and Caesar make area focused. Don't come up with excuses. Pick up the phone call set up a time to go sit down, gather up, find out all the documentary going to eat 'cause you're going to have to do legwork here but trust me if worth it because it's dealing with irs. Yeah you. Sure you're a good tax professional can tell you if you need to get on an installment plan and. We need to do to get the barking dogs off your heel while you get this stuff filed. But Dude, you don't thirty seconds you get this stuff filed. Now this is an overdue time paper. and. You've. You know this is killing you and these people have unlimited freaking power. It is unbelievable what they can do to your life if they choose to cy I really really really want them To Go away. Yes I want you get the paperwork done and you don't have anything that's more important in your life for the next two of then get all of this filed as soon as possible. Don't don't drag it out three months. Don't drag it out two months file the stuff get with somebody get the work done. Yeah. You State you get you a cup of coffee and work into the work into the we hours of the morning at this done. What. You do because here's the reality some tweaking and the proper filings again has the ability to wipe some of this out. This is a this is a huge opportunity. Sounds like a good portion of it. Impugned it on him because he didn't do proper filing and they guest that's right in the irs never guesses low. It's a rule of theirs. It's written somewhere in a book I'm sure. Oh God. Penalties on this stuff and it all goes away with properly amended filing or large portion of it does. Get that the stuff you should have been working on all these long time ago. Yes. That's out of the way. Down to just forty thousand dollars a dad now go. That's right.
Car dealerships are reopening and the pivot to in-person sales has begun
"That was area of the economy. It had been so stuck in the past. That changed radically in quickly because a corona virus is the car market. People very heavily pivoted to negotiating shopping negotiating and buying vehicles online, doing touch list delivery of new vehicle something that had never been. Part of the car business and of businesses that people really have historically not trusted. The car businesses it I mean this is. This is pitiful, and it does not square with the people I've met in the business. But a new Gallup poll. Finds that just nine percent of Americans. Said car sales people are. And Ethical. And that puts. Car sales people at the lowest level of trust, even below members of the US Congress. So. This is a business that has very little trust from consumers. And so people really liked. Buying vehicles with no pressure and buying them online. Well now as states have open back up. Bloomberg reports that car dealers. Trying to discontinue. The online access, not all dealers, but many trying to discontinue the online access and get people. In their stores. They have huge. Investments in those stores. And there's a lot of expense building. Those fancy two story show rooms there so. elegant now they've got the snack bars and all the things they have in those fancy show rooms and. If I'm a dealer and I spent all that money. I've done it because. It's a prophet machine. When you get people in there a lot of times, people will come in, and they'll drive away in a new vehicle. They didn't even have an intention. A buying met day and they don't comparison shop. So, it's been really terrible for dealers. With all the comparison shopping that people are doing now online. They're also buying less or known as packed. Add on charges buying online so. Dealers are realizing that they are able to squeeze more revenue out of every sale. Even with the higher overhead having people come in, and you're going to have dealers trying to lure you. Back into coming in before they talk to you about price or particulars. What I will encourage you to do is understand. Their incentive is different than yours. If you want to get the best deal without having the hassle. You WanNa. Do Your shopping online. You WanNa. Do your negotiating with multiple dealers, online or US one of the car buying process I've talked about, and if you look what's happening with the US vehicle market people under age thirty five. have no interest in going to a used car lot of a new car dealer going to a used car place or anything like that. They want to do it right on their phone. And, that's how car-o-van and and broom hit become players in the market and Carmax the nation's largest used car seller. has very heavily invested in having an online platform where people can buy a vehicle that way you know. A lot of dealers did it out in assessment because no one was buying. If, they had to come because a lot of states. You couldn't go to a dealer showroom. Because a corona virus earlier this year, but now. A lot of people once they've experienced how fantastic it is buying online! Or learning something from. been doing that for a while. And I hope that. When you are shopping for a vehicle, you'll follow my guidelines that I have at Clark Dot com on how you do it and get the best price and be very careful. Going to the dealer to make a deal, because if you want the best deal, it's going to be shopping online.
"carmax" Discussed on Snacks Daily
"Buying options are Max is sitting there thinking what about me? Yeah, Carmax has been doing this since. One. Thousand Nine, hundred, ninety three. That makes this millennial. It's not even Gen Z., but the newcomers are getting all the wall, Street love issue, and the newcomers happened to be room and carbon so room actually IPO justice, and their slogan is by a car entirely online, and have it safely delivered contact for we looked at up. They've never made a profit, but the stock has more than doubled from twenty two bucks. A share at its next up is car von, which appeared in two thousand seventeen with the slogan the new way to buy a car. We looked at up to never made a profit, but the stocks doubled from. From a year ago, Finally Got Carmax which IPO way back in one, thousand, nine, hundred, ninety, seven, when cars didn't even have an infotainment. This wasn't even a thing and their slogan. The way car buying should be first of all those slogans are pretty much the same second of all. We looked it up and they've been profitable in at least every single one of the last eight years, we looked at annual report after annual report and after two thousand thirteen. I need a new energy by couldn't keep on checking off at a certain point. You just round up because you're tired now. Despite eight years of prophets, the stock is. is up just nine percent for Carmax, probably due to that new competition from carbon. Sue Jack. What's the takeaway for our buddies over at Carmax? Wind Competition arrives highlight how you're different or start discount. snappers Carmax just announced some pretty boring. Quarterly earnings sales unsurprisingly fell forty two percent, because you were told to stay at home and not by a car. Basically you can write off last quarter to covid nineteen, but we want to talk about is that Carmax isn't exactly the same as carbon. That's right. What fascinates us is that they actually have two hundred twenty five physical locations that the CEO really likes to proudly highlight is basically. Basically like, don't worry about those earnings, because customers can now buy a car via curbside pickup at two hundred of our stores, nationwide harm. Max has stores in addition to selling online at its highlighting that differentiation now if you look at two other competitors uber left, they don't have any differentiation from each other, so they resort to discount and coupon code unadjusted, but differentiation is way better than discounting Jack in your whip up the takeaways four start the week. The Holy Grail of video streaming live sports and big tech is making big moves the entire state of Massachusetts for Apple TV plus to watch a Brady's non-local Bucks Games. Very, true neck second-story clear used to get you through the airports quicker now is trying to get you through everywhere. Quicker is taking your eyes to a boarding pass. It's thinking Cova Test, third and final story carmax getting any love that sexy new disruptors IPO. Sexy up to don't have physical presence. Now time for our snack back to the day, this one sent in by Jesse Tufty in lovely San Antonio Texas we mentioned last week. Snack fact about sears, which has a mail order catalogue from way back in the day. That helped black Americans become homeowners. We'll just set in an adult snack fact, apparently, the famous sears takeoff magazine stopped publishing the same year Amazon launched online route only coincidental moment that is highly indicative of future trends nineteen ninety four the year. Year you can drop the hyphen out of ECOMMERCE officially before we go Sophie Earl. CONGRATS on graduating from CAL poly, Slo. I've heard. It's a great town. snacker is have a fantastic week. We can't reduce tomorrow. I'm in, but don't forget to ask your buddies. H., Y., H., Y. S. D., and then they're gonNA be like. Have you had your stacks daily? And I'll say nick, what do I say and then you should respond with if you know.
"carmax" Discussed on WTMJ 620
"So what you can do is if you have a CarMax near you go to CarMax where they will appraise the vehicle make you an offer on it and do the same with Kharbanda do it just before you're planning to go across the country because the price you're offered is not subject to regional variation if they make an offer to you you're able to make arrangements with within reason with them to turn it down elsewhere and you can make it across the country with if you push yourself and be able to turn that vehicle and during that seven day price lock that you're offered and the other advantage even if you don't use it and that tight way I'm talking about is if you go to Kharbanda and you just do that online at Kharbanda dot com or Froome their competitor Vroom dot com B. R. O. O. M. dot com and CarMax is they don't care if you're buying something else from them they just want inventory and they'll make offers to you for your vehicle and you'll know what kind of money in general terms you're going to be able to get out for that vehicle and as far as regional differences in prices there are some regional differences but not enough unless you talk about a specialty vehicle like a convertible bet you'd really have to worry so much about whether you've got rid of it on the west coast of the east coast Joe Clark Kathleen in New York says we paid off our house about ten years ago we did in fifteen years we like to make home improvements though on the home which would cost somewhere between a hundred thousand a hundred fifty thousand dollars rather than take money from our investments we thought we would consider a home equity loan or line of credit we are fifty six we got two kids in college which one should we consider and where are we gonna get the best rate so normally I would you be you know the use it to my years what you're saying but in this case because of what I said just moments ago I want you to do a cash out refi to do these home improvements in a fifteen year mortgage I mean they're quoting for people to get credit two point five percent approximately average rate and that is so low that's going to be much lower than you can get on a floating rate home equity line even from the beginning and much much lower than you're going to be able to get at a home equity loan since there's no existing first mortgage employees you were able to do a cash out refi now you should know that some lenders will charge you maybe an extra quarter point for cash out refi versus a straight refi because there's an enhanced risk typically with a cash out refi but not as often if you do a fifteen year loan versus a thirty you also could go to a credit union and if you can afford to pay back that hundred to a hundred and fifty in a ten year window credit union specialize in ten year mortgages which would give you the ability for rates maybe even lower than what I'm talking about on a fifteen year you'd be on a straight line cycle to go debt free again you can always pay extra if your goal is to be completely mortgage debt free as well Kim rich in Vermont says I recently got the letter from my big bank credit card company telling me that they were decreasing my limit by fifty percent you warned us about this so I thought to myself what what car do you so I called them and after a long conversation they agreed to reinstate my original limit they just said that I need to use the card more I talked to several different people and supervisors and no one could tell me exactly what that meant no percentage or dollar amounts so I was wondering Clark what is your recommendation how much should I be using this card to keep the limit as I wanted so I don't know that it matters as much how many dollars are charging on it as number of transactions so if you came I'm up with something you routinely do whatever it is so for me it would be eating my terrible for me fast food and I would just use that card every time I went because you know when I spend three to five dollars on my fast food meal that would create a transaction it would show activity on the account and what they're looking for more than the amount of dollars you charge on a card is that you have meaningful activity so I you know I can't read the mind of every banker and every algorithm they use but most often it's not the dollars you're charging it's actually the number of activities you have Kim you have a suggestion you want to add to that yeah I totally wanna put a subscription on the card like.
"carmax" Discussed on 850 WFTL
"Selling CarMax is by and will buy your car even if you don't buy ours CarMax we buy all the cars. this weekend I'm study music is brought to you by lazy boy and by the Florida lottery. all your favorite songs from Billy Joel. clean. and more all in one place the greatest hits of the seventies eighties and nineties feel good play on sunny windows seven nine. hundred dollars that's which you can get just for downloading the signing bonus seven nine mobile app download the apt to come a registered user and you're automatically entered to win five hundred box get the app store seven nine dot com. it's always sunny in west Palm Beach when you're listening to one oh seven nine. the greatest hits of the seventies eighties and nineties it's funny when I was seven nine with Steve Winwood. yeah. the greatest hits of the seventies eighties and nineties. this one. this. only one of seven nine Taxila especially with another right wing text club only contact the more to join simply tax money to five point eight seven nine if you're in is that easy Hey.
"carmax" Discussed on News 96.5 WDBO
"At CarMax is selling cars at a higher price than they do or in this case trucks in my attitude is so why don't you adopt the customer friendly policies at CarMax uses and then people will pay you more for your use vehicles to. right so you're looking then at used to CarMax how are you trying to make that decision between buying a used one there or somewhere else and buying new I'm not a big huge fan of the negotiation piece of it you don't have to negotiate anymore are you a member of Sam's club or Costco wholesale yes Sir. Sam's club offers a car buying program now. and there are people or a seem very happy with it it comes with your Sam's club membership there's no negotiation at all you just go basically signed the papers and take your new truck home. okay hi tech that out the pricing is very good if you have an account sign in at the Sam's club website I yes Sir sure there's a you go sign in at samsclub dot com and under their services section you'll be able to go straight to the car buying thing and you'll have the price on your truck this what's really wild you'll have the price for the truck in about three minutes. out. and then you can compare. what would it cost to buy it no hassle new verses no hassle use.
"carmax" Discussed on Progressive Talk 1350 AM
"CarMax when we say we buy all the cars we meet over the. last twenty years we purchased millions of cars from coast to coast in the last year alone we bought a mountain of mercury an armada Nissan's a ton of tight and ocean of Pacific as an a CS yeah not to mention a few hell gets in a couple of tornadoes so no matter what you're selling CarMax is by and will buy your car even if you don't buy ours CarMax we buy all the cars. do you want to learn to speak a new language but don't have enough time then you need to try babble the language learning apple with plans and up to fifty percent off right now at babble dot com babble lessons are just fifteen minutes or less and you can go at your own pace you'll be amazed at how easy battle makes it for a limited time get select babble plans for up to fifty percent off just go to babble dot com B. A. B. B. E. L. dot com. twenty nineteen I heart radio music festival is getting close in the I heart radio address something you can't get anywhere else he'll join us in Vegas to experience the festival plus wait for it you get to meet any and as many of the festival artist as you choose. Def Leppard hard and any others you are so easy to enter with the free I heart radio abit chat play on the I heart radio music festival stations on your radio your music your stations and number one for broadcast..
Startup Blinker Tries to Take the Pain Out of Used Car Sales
"<music> uh from wondering i'm david brown and this is business wars daily on this monday august nineteenth come on is facing in life. There are some necessary transactions we know come with some pain. Filing taxes renewing a driver's license and of course selling or buying a used car. Hey look. I'm a car buff. I love him but even i don't like the hassle of haggling with buyers are wondering whether some stranger is good for the money and as a buyer don't even get me started on the process of financing used car dealership good heavens entrepreneurs no the used car marketplace's full tag and that pain translates into a lot of opportunities for high tech problem solving former denver car dealer rod buscher has been trying trying to simplify used car purchases since twenty thirteen when he launched blinker on his blinker app you can sell buy and finance a used car facilitated acilitator by artificial intelligence. It works like this say you want to sell your ford escape and buy something more eco-friendly well. I you take a picture the back of your car and upload it to the blinker. App up pops all kinds of info about your car. It's make its model. It's features like leather interior or satellite radio jio. It's accident history and an estimated value. You like the value so you listed for free blinker then shares that listing widely early but you don't like the idea of meeting strangers to show off the car the way you do with craigslist will blinker deals with that scary problem by verifying buyer's driver's licenses all conversations between buyer and seller happened on the app so you never have to share your phone number or email so you find a buyer but you still have a loan on the car well now what blinker pays off the loan and electronically transfers the prophet to you. If the buyer needs financing she can get get it through blinker which acts like a bank in fact. That's the way blinker really makes its money. It doesn't take a cut of the sale today. Blinker is tiny with estimated sales last year of about a million and a half dollars earlier this year at laid off close to half of its fifty person staff butcher says it was trimming down in anticipation of capital raise. The company raised ten million dollars late last month and plans to expand nationally but right now you can only use blinker in colorado texas california. Ah -fornia and florida lest you think this sounds too good to be true. Well there is one big caveat. Blinker is one of many companies trying to capitalize on the obvious that the used car marketplaces so flawed that there has got to be a better way at least a dozen app vendors wants your your business some with names of five year old car would love broom tread shift and instant motor another to not at used car divas reputations notably the apps apps truecar and fair blinker has a long way to go to beat one of its best known rivals carmax carmax. Let you search some fifty thousand vehicles vehicles for sale in contrast to hundreds on blinker of course when you're selling you may be better off as a big fish in a small pond right well. Carmax sends sends alerts when the price drops on the car. You're lusting for but unlike blinker. You can't actually complete the entire transaction on the app. Little tiny blinker had about six thousand downloads in the last month according to crunch base but given its focus on convenience and it's new funding it could soon become a real player in the national used car marketplace and perhaps help transform a dreaded experience into something kind of thought from wondering this is business war standing. Have you used an app to buy or sell far which one tweet us at business really wanna know. Thanks so much for talking back with this and for listening every day. I'm david brown. We'll be back with you tomorrow <music>.
"carmax" Discussed on Xtra Sports Radio 1300 AM
"Tennis the same guys keep winning at seven OO players please we'll talk about a neck this is NBC sports radio the marching band we'll be right back that farmers insurance we know roof can withstand a lot one exception being an airborne car scene it covered it Dr farmers we are partners well one hundred my for Mr for insurance exchanges and affiliates products available in every state if you have frequent heartburn take control of it with Prilosec OTC instead of stashing it acids everywhere like in your junk drawer buried under old batteries in hotel pets or your purse hiding in the one pocket you won't check you even have an acid on your nightstand which are very hard to see in the dark Sonny stopped asking it **** and started taking Prilosec OTC one pill a day twenty four hours zero heartburn it's possible with friends that go to see uses directed for fourteen days not for immediate relief welcome back to CarMax will buy let's jump right back into the action a used mini van with two hundred thousand mile because Sandra CarMax will buy it that's correct the car your driving now because Sandra again comments by your honor roll any car at all no matter what Jerry is the answer CarMax will buy it that's right because CarMax.
"carmax" Discussed on WBSM 1420
"School by let's jump right back into the action, a used a minivan with two hundred thousand miles has Andhra Commack will buy it. That's correct. The car your driving now Cassandra again on a roll, and he car at all. No matter what Sherry, is the answer carmax will buy it. That's right. Because carmax buys all the cars, no matter what no questions at carmax will by Chuck's Iverson, ABC news..
You Can Buy a Car from a Vending Machine. But Should You?
"Business wars daily is brought to you by net. Sweet the business management software that handles every aspect of your business in an easy to use cloud platform net sweet has a special offer for listeners of this show at net sweet dot com slash BW daily. Be sure to stick around to hear more about it at the end of the show. I'm wondering, I'm David Brown. And this is business wars daily on his Tuesday, April thirtieth in a growing number of cities across the country. You can stick a coin vending machine and get not a candy bar or a coke? But an automobile. That's right. You can buy a car from vending machine in seventeen cities across the country and online only used car dealer called carbon is behind this spectacle. Eight story glass garages that house gleaming used cars purchased the car sign all the documents. Virtually of course, and carrano will give you an oversized coin, you take that co two carbon as vending machine slip it into a coin slot and watch as your new car is lowered through the glass cage and spun out the door right to you. It's flashy. That's for sure designed to capture attention and attention. It is getting Carbonneau was founded in twenty twelve by Ernest Garcia a convicted. Felon who is also a billionaire Garcia spun carbon out of drivetime used car company that courted controversy by selling auto loans to low income purchasers. He took on public in twenty seventeen. There's no haggling here. No used car salesman. At all you make your choice by viewing photos in examining specs online. You can finance your car through carbon. And most customers do once you take delivery. You have seven days to return vehicle. You don't like carbon operates about one hundred twenty cities most without the flashy vending machines in the rest of its locations. It's simply delivers vehicles to buyers online sales, plus low prices are adding up to revenue growth for the car dealer. But they're not adding up. Two prophets Koran is losing money as it tries to compete with well established nationwide chain carmax carmax has two hundred three showrooms and continues to grow but the same forces that make Carver. China appealing to younger buyers are pushing carmax to make changes to last month. Carmax CEO Bill Nash said he was most excited about a growing Omni. Channel approach that is where customers are able to shop online in showrooms or by using what he calls a seamless combination of two, and perhaps that's what buyers need their choice of how to shop finance and take delivery of used car rather than being railroaded into one process or another a misstep by Elon Musk might be instructive here. Remember back in February when he announced that tesla would move to online only sales people were outraged and must quickly softened that stance. It seems many people still want to touch the leather seats in look under the hood. And ultimately, those desires may push von beyond its vending machine approach or it could make the company's glitzy efforts short-lived. Rum. One three this business wars daily. Hey, Dr on over two one dot com slash survey widget. Tell us a little bit about yourselves. Thanks so much. I'm David Brown or we'll be back with you tomorrow. Every company battles challenges as they grow updating manual processes, replacing inefficient systems getting a handle on cash flow as you scale, you'll need software that can handle that growth introducing net suite by oracle the business management software that handles every aspect of your business in an easy to use cloud platform with nets wheat, you can save time money and unneeded headaches by managing sales, finance and accounting orders, and HR instantly right from your desk or even your phone right now net suite is offering you valuable insights to overcome the obstacles that are holding you back for free. Those insights come and guide called crushing the five barriers to growth. All you have to do to get it for free is to go to net sweet dot com slash b w daily again get net sweets guide crushing the five barriers to growth when you go to net sweet dot com slash. B w daily now. One more time net sweet dot com slash VW daily.
"carmax" Discussed on Progressive Talk 1350 AM
"Selling carmax is by and we'll buy your car, even if you don't buy ours carmax, we buy all the cars. Hey, guys valentines days next week. And this year, you can love big and save big series, berries, ripe, juicy delicious, berries dipped in chocolate goodness, then covered in decadent toppings chocolate chips in heart and glitter sprinkles offer just one thousand nine hundred nine plus shipping. That's not all for another nine hundred ninety nine. You can add a dozen red roses together at no extra charge to get this amazing deal. Go to Berry's dot com. Click on the Mike in the upper right hand corner and use code eighty seven eighty seven that's berries dot com. Com code eight seven eight seven. Welcome back to handle on the law. Don't forget you really need a lawyer. That's when you go to handle dot com. Handle dot com. That's the place.
"carmax" Discussed on KNBR The Sports Leader
"Selling carmax is by and we'll buy your car, even if you don't buy ours carmax, we buy all the cars. This is the story of a reversible sports players recover from injury or surgery with the most advanced technologies. They can find game ready is a treatment system that delivers cold therapy and active compression, used by pro teams right here in the bay area and all over the world. Jayme ready is now available to rent at home with a doctor's prescription. Whatever it is. You're getting back to you after injury or surgery recover like a pro and get game ready. Visit game ready dot com slash Cayenne Biard or ask your physician. The problem when I was younger to cigarettes three cigarettes. It was it was. My mom. He was always do something needed to get rid of them. Thing as time went on smoke of started falling out of fashion society at rules. Started changing gave the jeweler real chance, and I liked it. Found that it really works to switch was easy low brainer. Rarely but now that I look the people who spoke do Braley still doing that. That right. You don't have to do that. The person that I'd like to think that I am is because of this tape from her really Patrick made the switch December twenty sixteen make the switch at you'll dot com. That's J U L dot com. Warning. This product contains nicotine nicotine is an addictive chemical. Our customers. Tell.
"carmax" Discussed on KTTH 770AM
"Us as a quick anecdotal looking at a company called carmax guys unaware of that's one of the biggest car dealerships in the world if you wanna look at what expensive stocks look like now this is hardly the worst offender okay but you've got a car dealership trading at almost a twenty three pricetoearnings multiple that is insane not a bad company just that's crazy it's up fifteen percent on the day they must have had some really good announcements and no dogging it not if you own it and i'm not telling you to sell it i just devaluations in this kind of goes into the client question of the week client we sit down with a client or potential clients gives me listener from the show and he asked me he goes you know how really crazy is the whole valuation thing or is it really that expensive because it's not a record e and we've talked about valuations at nauseam on the show so i'm not gonna not gonna kill you and hopefully we'll make you change channel we're not going to get into that again but he asked me you know like i said how how crazy are the valuations and you know i showed him some historic comparisons and just showed how outside the norm we are right now and then i also showed him one of the reasons we're concerned about valuations is because like i've said on the show before and if you listened what you pray what you pay for an asset is the by far the biggest determination on whether it's going to be a good investment or not.
CarMax shares jump 3.5% premarket after earnings beat estimates
"Community tax who's your tax guy delta airlines is banning pit bulls service dogs on its flights some passengers are reacting angrily to a decision by delta that is no longer allowing passengers to fly with pit bull type dogs as the airline calls them as service or support animals the airline announced the ban this week and said they were responding to growing safety concerns after several employees were bitten delta also says they are limiting passengers to a single emotional support animal fight the changes take effect on july tenth the decision has sparked an angry backlash on social media and some experts say it will be tough to figure out exactly what breeds delta means when they say pit bull type dogs i'm john stolnis superheroes have come to the rescue of hollywood this year's box office profits up six percent from this time last year thanks in part to the recordsmashing heads avengers infinity war black panther an incredible two i'm ann cates i'm doug krizner at bloomberg world headquarters in new york the us equity market finished mixed on a day when president trump threaten new tariffs this time twenty percent on cars imported from the european union not surprisingly many of the european automaker stocks traded lower auto parts suppliers also finished down bloomberg's david wells tells us if these tariffs are enacted european carmakers will face a big challenge in the us has twenty percent even for for an expensive vehicle ecommerce cities it's just very difficult to do so you ended up either eating the prophet or you have to leave the price there and just deal with less volume and then auto factories are geared up to build a certain number of cars and if they so listen at the factory tends to lose a lot of money at the same time russia threatened the us with retaliatory tariffs on steel and aluminum imports russia's said american cars could soon face higher levies we had shares in the used car retailer carmax jumping more than twelve percent the company reported earnings above estimates energy shares followed the price of crude higher wti new york was up more than five percent that's after opec reached a deal to boost output that was less than the market had anticipated however software shares fell after red hat reported disappointing results the company also dialed back it's revenue forecast shares in red hat were down more than fourteen percent the weakness in infotech pulled the nasdaq composite lower by three tenths of one percent the dow on the other hand was higher by one half of one percent and the sp finished up two tenths of one percent ups has reached a tentative labor agreement with the teamsters this is a major step toward averting a strike when the current contract expires at the end of july in late us trading the us ten year treasury quoted at a yield of two point eight nine percent global news twenty four hours a day on air and a tick tock on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries this is bloomberg this is bloomberg best bloomberg best is about the insight and the context get from our guests it's a great way to catch up on some of the stories you might have missed on the bloomberg stories you're not going to find in any other news organizations bloomberg best bloomberg's best stories of the week powered by twenty seven hundred journalists and analysts in more than one hundred twenty countries around the world i'm also i'm at baxter on this edition of bloomberg best we'll have a special hour with goldman sachs ceo lloyd blankfein with the discussion of global markets us interest rates and trade relations between the us and china i don't think we're in a suicide pact on this so i suspect that we're not going to cause the communist collapse with a no on steroids but i do think that what's going on i think as some people have commented that this.
Valve's next-gen VR controllers are going out to devs for development
"To render video if you were able to move your head around and that would be something we haven't seen before right right and i think a lot of the benefit of the visual style of this being cartoony and also the the motion and action being focused in one place you're not seeing a lot of things happen behind you don't have to compensate for that in the data stream it's three sixty sixty ps and it maximizes those five thousand pixel across yes so as you were saying when you turn your head you can see the higher resolution video resolve and that's because of carmax new magic way of rendering this video which is in strips there's a complete to video that wraps around you at all times but then whichever direction you look at it pulls in from three or four other videos they hi rez data for that area that's why it's a pretty big file five gigabytes is big yeah i thought it was but it's big for this film it's probably bigger than the real time execute able was yes they assets but this is i think he's taking lessons learned from like rendering on us rage right like his just mega texture just render what you can see to which was the way that they did quake or right super cool on the vibe side couple actually big announcements via a while ago opened up for vr controller mapping so taking your whatever existing vr controls you have whether it's vibe ones or the oculus rift controllers and then letting developers and users map the actions and buttons on those two keyboard mouse game pad so you could basically port games to vr easily now they have something called steam vr skeletal input and this is basically helping developers and users map their gestures or hand poses in their existing controllers to hand presence to skeletal models what so you got open the link so basically you can you can on like the vibe one right now you have on on the vibe on you have the big touch pad yeah right and what you do on the touch pad where your finger is placed on the trucks bad is mapped essentially to wear your thumb would be in hand presence vr okay you can now make those gestures tied to other types of hand poses like like like macro exactly like macro okay this is you don't have perfect one to one right mapping on the controllers and we know that you don't need perfect one to one to make the to have believable hand press now that you're never going to get people going to buy into this unless it's natural i it's gonna feel more natural than you think the whole thing about touch is that when you point it it points and the where your fingers it's still cheats is still cheats bit yeah because you don't have pinky tracking right right so this allows you to customize for your game like your spiderman game where the pinky how the pinky would stick out when you press the button when you're when you're doing web slinging i'm curious what the process to to learn program that like looks like and how long it takes because that'll speak to what jeremy's it has to be natural for it to really this bearing the lead for their support for their new thing because none of those controllers of wand or the oculus control are essentially as good as what they haven't development which is our knuckles controller i'm glad to hear it still development for not only is this development there's.
"carmax" Discussed on WSB-AM
"You can check title history and see if the vehicle has had anything catastrophic happened to it during ownership i had a gentleman who came up to me and said he was so glad that i recommend this step his vehicle us really interested in turned out to be salvage they've been in like a really serious wreck didn't know it but he knew it without even hiring a mechanic for an inspection because it came up in the vehicle title history i have information about how to pick those clark dot com had to pick a vehicle title history service carfax is the best known brand but there are others that are cheaper one that in for many things you'll do is free so you do that and that can eliminate a vehicle immediately if it has a bad history but if you find one that's got a shows no problems on the vehicle title history that's not enough if a dealer selling you a vehicle is certified preowned that is not enough because it's a condition a purchase you need to have a vehicle inspected by a mechanic if you're choosing very important you do that if you don't have a vehicle inspected you could be buying problems that are not obvious or clear and some dealerships give you time after you buy to return for a full refund places like carmax carbon others the second you buy a car you own it no matter what and remember what a salesperson tells you does not matter in the used car business you're stuck his stock could be if that's the dealer policy so at any place that you find a car you really like and you think you really want it you still want to have it checked out before you purchase at a dealership where you buy.
"carmax" Discussed on Clark Howard Show
"Made a terrible mistake by monday and they're calling to see what they should do about it i don't know why we don't get as many of those calls anymore and so that is a good thing but i want you to know that the hazards still exist when you buy a used car it comes as is unless there's some protection out there that the dealer chooses to give you as part of the purchase the crazy thing is a used car will come with this sticker that's really something people don't notice and the sticker says generally marked almost always as is being that even if the salesperson lies to you over and over again about the condition or history of that vehicle the you're stuck with a whatever problems that has and something that really troubles me is how often i'm writing down the road and i see cars used cars with new vehicle plates or tags on them that are broken down on the side of the road because of equal doesn't even have to be sound mechanically but once you sign your name of the paperwork you own it it is a hideous problem also the pricing of us cars where a lot of times dealers play games with you on the pricing of used cars because it's different than new cars today an informed shopper can buy a new car without any hassle any aggravation and any gotcha 's if you just take some simple up front steps used car buyers though it still can be a bit of the law of the jungle i was mistakenly convinced more than a generation ago that carmax would forever change the used car business i thought that carmax is business model of no games no gimmicks no pressure a set price.