Author Archives: Douglas A. McIntyre

Opel Adam

GM Still Getting Killed Financially in Europe

General Motors Co.'s (NYSE: GM) net of $1.4 billion in the third quarter would have been much better, if it did not post another of the years-long losses in its ...
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Spain

Unemployment in Spain Still Almost 25%

Spain announced what economists claimed was good news. The National Statistics Institute (INE) reported that unemployment dropped to 23.67% in the third quarter (la tasa de paro es del 23,67%) from ...
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outrage

40% of Online Users Have Been Harrassed

According to a new study by the Pew Research Internet Project, online harassment is not an aberration. It is actually closer to the norm. Pew researchers reported: Harassment -- from ...
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American Executives Move Manufacturing Out of China

In a reversal of decades of American companies moving manufacturing from the United States to China -- presumably to save money -- executives of large firms have changed their minds ...
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Low Oil Prices Hurt U.S. Shale Operations

By Nick Cunningham of Oilprice.com Slumping oil prices are putting pressure on U.S. drillers. The number of active rigs drilling for oil and gas fell by their most in two ...
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McDonald's Big Mac

McDonald’s 740 Calorie Hamburger and 520 Calorie Shake

Wall Street has lost faith in McDonald's Corp. (NYSE: MCD), the great pillar of the fast-food industry. The reasons given include trouble with suppliers in China and Japan, a drop ...
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shipping boxes

Target Offers Free Shipping on Almost Everything

Target Corp. (NYSE: TGT) has taken the "free shipping" trend of e-commerce to a whole new level. Between now and the end of December, it will offer "free shipping" on ...
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jobs

31% of Americans Believe It’s a Good Time to Find Job

Gallup reports that optimism about finding a job has jumped to a level rarely seen since the Great Recession. Improvement in gross domestic product, consumer sentiment and a drop in ...
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Turner Networks Drop Dish as Content Companies Start Streaming

A dispute between Time Warner Inc.'s (NYSE: TWX) Turner Networks and Dish Network Corp. (NASDAQ: DISH) has caused Turner to pull its channels from the satellite TV company. Dish believes ...
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Apple Shares Begin Move Toward $200

Most industry experts winced when Carl Icahn said Apple Inc. (NASDAQ: AAPL) shares are worth $200 each. Part of his argument is that Apple has enough cash to make a ...
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IBM logo

The Argument for IBM Firing Ginni Rometty

Ginni Rometty, the CEO of International Business Machines Corp. (NYSE: IBM), had little to say as the tech company produced horrible earnings: We are disappointed in our performance. We saw ...
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2015 Dodge Charger

Dodge Prices Hellcat at $63,995, but Will Anyone Buy One?

The new Dodge C SRT Hellcat Charger has been priced, and it will cost at least $63,995 to own. Will anyone actually buy one, or is it just a show car meant ...
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Smokestacks

Another Sign Companies Expect Economic Slowdown

A carefully followed report from the National Association for Business Economics (NABE) was released for the current period, and the results were not good. The October 2014 NABE Business Conditions ...
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apple iphone 6 intro

Can Apple Sell 38 Million iPhones?

As Apple Inc.'s (NASDAQ: AAPL) earnings approach, it is left to investors whether they believe the company's own forecast, which is that revenue will reach a range of $39 billion. The ...
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Gilt_Card_3

Starbucks Offers ‘Starbucks for Life’ Card

A lucky few Starbucks Corp. (NASDAQ: SBUX) cardholders (10 to be exact) will win a "Starbucks for Life" card, the latest in a line of promotions that the coffee firm ...
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