Volkswagen logo

Could a US Fine Put Volkswagen Out of Business?

In June automaker Volkswagen AG agreed to settlements with the U.S. Environmental Protection Agency (EPA) and the state of California, and the other with the Federal Trade Commission (FTC) that ...
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stacks of money, income

World’s 200,000 Richest People Hold 12% of World’s Wealth

Of the estimated 7.6 billion people on earth, just 0.004% (212,615 individuals) control some $30 trillion in wealth. That's slightly more than the 2015 GDP of the United States and ...
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SEC

SEC Hits Oilfield Services Firm Weatherford With $140 Million Fine

The U.S. Securities and Exchange Commission (SEC) announced Tuesday that oilfield services company Weatherford International Inc. (NYSE: WFT) has agreed to pay a $140 million fine to settle charges that ...
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supermarket

Why Hormel Shares Look Better Than Kellogg’s

Investors have proven over and over that they want to buy value when they find it. Now comes a Focus List change from Credit Suisse on what should be two ...
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Nike running shoe

What to Expect From Nike Earnings

Nike Inc. (NYSE: NKE) is scheduled to report its fiscal first-quarter financial results after the markets close on Tuesday. The consensus estimates from Thomson Reuters call for $0.56 in earnings ...
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Brown Bear

Meet One of the Biggest Bears Against Deutsche Bank

Deutsche Bank A.G. (NYSE: DB) is in the midst of a crisis right now. This German bank is facing capital concerns, and it does not seem like there will be ...
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crude oil terminal

Is West African Displacing Bakken Crude at Eastern US Refineries?

Back in the old days before horizontal drilling and hydraulic fracturing created a new source of crude oil production in North Dakota and Montana, refineries on the east coast of ...
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self-driving car

Americans Warm to Self-Driving Cars

One thing that companies developing self-driving, or autonomous, cars face is that Americans love the experience of driving themselves. Why buy a car you love and let it be driven ...
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reprimand

Do Engaged Employees Create Higher Profits?

Gallup has a novel concept, based on metadata research. Employees who are more engaged (which is not entirely well defined) at the workplace help companies create higher profits. In a ...
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Sold Home For Sale Real Estate Sign and House

June Cash Home Sales Drop Below 30% for First Time Since 2007

In June of 2016, cash sales comprised 29.3% of all home sales, down from 31.8% in June of 2015, marking the 42nd consecutive year-over-year monthly decline. Cash sales fell by ...
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landfill

Advanced Disposal Services Gears Up for IPO

Advanced Disposal Services has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering. The company intends to price its 19.25 million ...
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Vault Door

IBM Watch: Day 5

More important news from International Business Machines Corp. (NYSE: IBM), in this case from Geneva. IBM is one of the oldest and most storied companies in America. Despite recent troubles, it ...
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pennies

SEC Issues Charges Over Penny Stock Fraud

The U.S. Securities and Exchange Commission (SEC) recently charged a former microcap company CEO and a boiler-room operator with defrauding seniors and others. Investors were pressured to buy in to a ...
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house with cash

Cash Sales of Homes Highest in New York State

CoreLogic keeps data on cash sales as a percentage of all home sales. In June, the number was an extraordinary 29.3% nationwide. Some states have numbers much higher than that. ...
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Medicine pills

Tabula Rasa Healthcare Updates Expected IPO Pricing

The U.S. Securities and Exchange Commission (SEC) has received an S-1 form from Tabula Rasa Healthcare regarding its initial public offering (IPO). The company intends to price its 4.3 million ...
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