J.P. Morgan analysts maintain we are in a classic bull market and likely to see further double-digit gains in 2014. Technology is the least expensive sector today, as well as the least liked. Here…
Kinder Morgan Energy Partners L.P. (NYSE: KMP) has acquired its first sea-going fleet -- five Jones Act-qualified tankers -- and is set to to file an application to add 590,000 barrels a day on…
A new Pew study finds that in rural states as many as 50% of households are "wireless only," having abandoned their home phones, probably permanently.
The National Highway Traffic Safety Administration does not believe the problem of engine fires in Tesla Motors Inc. (NASDAQ: TSLA) cars is great enough to strip the electric auto manufacturer of its coveted five-star…
New research may undermine Bitcoin's efforts to be treated as a viable means of exchange for products and services. Is the use of Bitcoin as a currency as risky as many forms of gambling?
The editors at 24/7 Wall St. reviewed products and redesigns that were launched with high expectations this year but that have flopped catastrophically. These are the worst product flops of 2013.
thinkstockDecember 23, 2013: Markets opened higher on Monday and remained well above the flat line all day. More opportunistic buying among value seekers probably gets the credit for the index increases on a light…
courtesy of the Walt Disney Co.Jack Dorsey, founder and chairman of the board at Twitter Inc. (NYSE: TWTR) and founder and CEO at electronic payment firm Square Inc., has been elected to the board…
ThinkstockAt the end of November, some 29% of J.C. Penney Co. Inc. (NYSE: JCP) was held by short sellers. A total of 87.7 million shares were short for a stock that trades more than…
Frank Golhen, via Wikimedia CommonsThe New York Stock Exchange and other exchanges are winning from the rebound in stock markets to new all-time highs. There may be one issue of concern, and that is…
Courtesy Boeing Co.The full-membership vote on the revised contract offer from Boeing Co. (NYSE: BA) is being forced on union local 751 by its parent organization, the International Association of Machinists and Aerospace Worker…
ThinkstockThe revised consumer sentiment report from Reuters/University of Michigan is out, and the second December reading hit 82.5 for the month. The prior report was also 82.5, and the Bloomberg consensus estimate was 83.5…
Kinder Morgan Energy Partners L.P. (NYSE: KMP) announced on Monday that it has entered into an agreement to acquire American Petroleum Tankers and State Class Tankers for nearly $1 billion.
New U.S. Bureau of Economic Analysis data show that personal income in current dollars grew by 0.2% month over month and personal spending rose by 0.5% in November.
The obvious benefits to Apple Inc. (NASDAQ: AAPL) and China Mobile Ltd. (NYSE: CHL) from the deal announced Sunday night also trickle down to semiconductor makers that supply Apple with memory and RF chips…