U.S. Oil Now 10% of World Total
ThinkstockThe United States now produces 10.4% of the world’s crude oil, or 7.84 million barrels of crude oil a day. Of that total, 3.22 million barrels (43%) come from tight plays, including the shale…
ThinkstockThe United States now produces 10.4% of the world’s crude oil, or 7.84 million barrels of crude oil a day. Of that total, 3.22 million barrels (43%) come from tight plays, including the shale…
ThinkstockShares of DirecTV (NASDAQ: DTV) and Dish Network Corp. (NASDAQ: DISH) are both gaining on a Bloomberg TV report that Dish’s Charlie Ergen has approached DirecTV about a possible merger. While this is the…
ThinkstockThe House of Representatives may be single-handedly saving the lab companies in America on Wednesday. A bill was posted to propose a short-term fix to the sustainable growth rate, delaying cuts to Medicare reimbursement…
ThinkstockIf everything goes as expected, the state of Connecticut will become the first state to enact legislation raising the state’s minimum wage to $10.10 an hour, in line with President Obama’s proposed national increase…
GE Aviation has announced plans to break ground on a $100-million jet-engine plant in Lafayette, Ind., later this year. The plant will assemble the LEAP engine Airbus and Boeing passenger jets.
Nissan Motor Co.Just when Nissan was making some headway with new car sales, the company has begun a voluntary recall program of nearly a million 2013 and 2014 Altimas, Leafs, Pathfinders and Sentras. The…
Exelixis may have a while longer before it gets to be a serious revenue stage company. Its stock was crushed on Wednesday, and the company has lost its $1 billion market cap.
Two weeks after being shut out of New Jersey, Tesla Motors has saved its sales business in Ohio. Tesla gets to keep its existing stores in Columbus and Cincinnati and can open a third…
Pity the shareholders of American Apparel. The business, known for making all its apparel in the United States and its edgy advertising, is struggling. Really struggling.
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 6.6 million barrels last week, maintaining a total U.S. commercial crude inventory to 382.5…
Tesla Motors is without a doubt the most exciting U.S. automobile manufacturing story of the past couple of decades. The real question to ask is how much being able to tell that story is…
King Digital Entertainment, the Ireland-based maker of the hugely popular Candy Crush Saga game for mobile devices, held its IPO Wednesday morning. In the first few minutes of trading shares fell as much as…
ThinkstockThe short interest data for the first two weeks of March is out, and the results among the top high-yield safe dividend stocks are mixed. The biggest changes took place in the two major…
Wikimedia CommonsWith the U.S. pharmaceutical group, and particularly the specialty pharmaceutical names, under pressure over recent trading sessions, the large biotechnology stocks were not the lone rangers when it came to the carnage. While…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, March 26, 2014. They include Carlyle Group, Facebook, Garmin, Sirius XM and Tesla Motors.