oil storage terminal

Why the Debate Over Energy Storage Utterly Misses the Point

By. Chris Dalby of Oilprice.com The debate over which energy storage technology will prove to be the best in the long-term is woefully misguided. Many technologies have been tested in ...
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Will Celebrity Photo Hack Cost Apple iCloud Customers?

Apple Inc. (NASDAQ: AAPL) is not the only company that offers cloud-based services to its customers. And this may hurt the company after the iCloud service got hacked and hundreds of ...
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Bank of America sign

Bank of America Still in Big Trouble

Bank of America Corp. (NYSE: BAC) may have settled on a $16.65 billion fine for mortgage law violations. However, if faces at least one more large lawsuit, customer service problems ...
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Apple and Collapsing Music Sales

Of the $15 billion in 2013 global sales of recorded music, nearly 40% came from digital sources such as ad-supported and subscription streaming or paid digital downloads. That may sound ...
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Mobile wallet

Will Apple’s Rumored Digital Wallet Work Where Others Have Failed?

Reports hit the web Sunday that Apple Inc. (NASDAQ: AAPL) had signed an agreement with American Express Co. (NYSE: AXP) to work on an iPhone payment system that will allow ...
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Can Tesla Be More Valuable Than GM?

Tesla Motors Inc.'s (NASDAQ: TSLA) market capitalization is $35 billion. That of General Motors Co. (NYSE: GM) is $55 billion. Can Tesla pass GM by this measure? It is not ...
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Google Driverless Car Proto

Google Self-Driving Car Has Problems With Snow and Parking

Google Inc.'s (NASDAQ: GOOG) self-driving car may drive itself, but the conditions in which it can operate effectively are very limited. These observations come from an article in the MIT ...
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Euro

Markit Eurozone PMI — Official Press Release

Economics analysis firm Markit reported that Eurozone Manufacturing PMI reached a 13-month lost in August. The official announcement: The rate of expansion in eurozone manufacturing production eased to its lowest ...
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Smokestacks

HSBC Purchasing Managers’ Index — Official Press Release

China's manufacturing activity slowed in August, according to HSBC: Chinese manufacturers saw a further improvement in overall operating conditions in August. That said, the pace of improvement eased to a ...
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ReWalker

The IPO Story for the Next Two Weeks Is Alibaba

The market for initial public offerings (IPOs) has essentially ground to a halt around the Labor Day holiday. Only one IPO was completed last week, and there are none on ...
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crude oil rail terminal

Crude Oil Rail Terminal Operator Files for IPO

Transporting crude oil from the Bakken field in the Upper Midwest and the oil sands of Alberta has become a big business for railroads. As long as pipeline transportation remains ...
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NY Wants Concessions Before Approving Comcast, Time Warner Merger

The state of New York is letting Comcast Corp. (NASDAQ: CMCSA) and Time Warner Cable Inc. (NYSE: TWC) know exactly what it thinks about the proposed $45 billion acquisition of ...
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2014 Cadillac ELR

Can Cadillac ELR Take On Tesla?

The Cadillac division of General Motors Co. (NYSE: GM) would like luxury car shoppers to believe its new ELR electric car is a better vehicle than a Tesla Motors Inc. ...
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New home

Average Home Price Hits $191,000

Depending on which real estate data analysts use, the housing market in America is either red hot or improvements have slowed considerably. Information from RealtyTrac supports the rapid improvement case. ...
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Walmart Offers Health Care for $40

Some Wal-Mart Stores Inc. (NYSE: WMT) locations have offered health care services since 2005 in about 100 stores. On Friday, the company opened its first Walmart-owned clinics in two Georgia ...
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