Author Archives: Douglas A. McIntyre

CEO graphic

CEO Pay Up 12% in 2014

Compensation among S&P 500 chief executive officers (CEOs) rose 12.1% last year, according to consulting firm Towers Watson. Furthermore, financial advisor firm Mercer indicates that an average worker's pay rose ...
Read Full Story »
164113412

Apple Is the Most Profitable Company of 2014

Buried among the news of Apple Inc.'s (NASDAQ: AAPL) successful launch of its smartwatch, CEO Tim Cook's $65 million payday and a forecast that the public company's market cap might reach $1 trillion ...
Read Full Story »
178117896

Best Markets for Fixer-Upper Homes

Among homes that Americans are most likely to own are, first, primary residences, and second, vacation homes, which can also be rented. More intrepid buyers, and likely a small minority ...
Read Full Story »
iPhone6

Did Apple Sell 60 Million iPhones?

Now comes the test. As Apple Inc. (NASDAQ: AAPL) gets ready to announce its most recent quarterly results, the primary focus of investors will be on iPhone sales, because the ...
Read Full Story »
oil rig

Why Schlumberger Will Fire 11,000

The announcement was simple and came as a part of Schlumberger Ltd.'s (NYSE: SLB) terrible first-quarter earnings announcement. The carnage of layoffs continues across the oil industry due to low crude ...
Read Full Story »
bank vault

Global Bank Account Owners Rise 700 Million

The number of global bank account holders increased by 700 million recently, which is good news for banks and bad news for consumers who pay fees for maintaining these accounts. Gallup researchers ...
Read Full Story »
Gas Can

Gas Moves Back Toward $3

Gasoline prices, based on the average for a gallon of regular, were $3.67 nationwide a year ago. In some parts of the country, including California, the price was closer to ...
Read Full Story »
462542665

Tim Cook Charity Lunch Price Hits $165,000

Bidders get a shot at a lunch with Apple Inc. (NASDAQ: AAPL) CEO Tim Cook -- at Apple's headquarters. To up the ante, the winner bidder gets "2 VIP passes ...
Read Full Story »
cannabis

Marijuana Legalization Opinion Turns Positive

As state after state continues to consider following Colorado's decision to legalize marijuana use, such actions have begun to garner substantial support. New Pew research finds: Public opinion about legalizing ...
Read Full Story »
Music Key

Digital Music Services Now Equal Physical Sales, as Piracy Problem Lingers

In news that should cheer digital download companies, the International Federation of the Phonographic Industry (IFPI) reports that digital music sales matched those of "physical format sales." Most of those physical ...
Read Full Story »
Wealthy

Housing Markets in California Heat Up, Sales of Cheap Homes Surge

People selling homes in any of California's cities have found their houses do not stay on the market long. Homeowners in several of America's old industrial cities have not been ...
Read Full Story »
Railroad Oil Tank Cars

IEA Expects Oil Demand Will Rise

In another piece of news that could drive up oil prices, the International Energy Agency (IEA) revised its forecast for oil demand, and the revision calls for demand to go higher. ...
Read Full Story »
Cyber attack

Hackers Winning War for Online Security

One of the largest Internet security firms in the world -- Symantec Corp. (NASDAQ: SYMC) -- has issued a report that claims hackers have overwhelmed efforts to keep them from ...
Read Full Story »
Flag of OPEC

OPEC Attacks Oil Industry for Loss of 100,000 Jobs

The Organization of the Petroleum Exporting Countries (OPEC) says that unbridled competition within the oil industry has cost 100,000 jobs. However, that figure is not one OPEC has cited based ...
Read Full Story »
flag of China

China Growth Slows, Drags Down Asia

Whether it is purchasing managers index (PMI) statistics or imports and exports, more and more signs point to a tapering of China's growth. Even the central government has moved its ...
Read Full Story »