Lucid Motors Joins the Gang Taking Aim at Tesla
The introduction of the Lucid Air battery-electric cars on Wednesday adds one more strong competitor to the gang arrayed against Tesla.
All Work
Paul Ausick
Notebook Computer Shipments to Reach 8-Year High in 2020
Working from home and distance education have driven huge sales increases for notebook computer makers. The industry is on track for its highest sales in eight years.
8 Overlooked Companies That Keep Raising Dividends Ever Higher
A hot equity market from some popular stocks has overshadowed the steady payouts from many, less spectacular, but reliable companies. Here are eight overlooked stocks.
Why Keeping Oil in the Ground May Be the Only Option to Low Crude Prices
Increasing oil production among OPEC+ partners and in the United States is keeping a lid on crude prices and new estimates do not see an end to the oil market glut until late next…
Home Mortgage Delinquencies Decline Slightly but Remain High in June
Home mortgage delinquencies were higher year over year in June but down slightly from May's total.
Northrop Grumman Wins $13.3 Billion Defense Contract
Northrop Grumman has received a $13.3 billion Air Force contract to begin engineering and manufacturing development to modernize the U.S. nuclear weapons force.
US, EU Tariff War Apparently Scuttles LVMH Acquisition of Tiffany
Tiffany's acquisition by French luxury goods firm LVMH is in danger of being canceled due to a dispute between the United States and the European Union over tariffs on certain luxury goods.
CEO Turnover Slowed in August; Down 11% for the Year to Date
The latest data from outplacement firm Challenger, Gray & Christmas indicates that the pace of CEO departures in August slowed month over month, year over year, and for the first eight months of the…
Paul Singer Wants a Piece of the Action in Chevron’s Deal for Noble Energy
Investment firm Elliott Management has taken a position of unspecified size in Noble Energy. Chevron has agreed to acquire Noble in an all-stock deal valued at around $5 billion. What is Paul Singer after?
Boeing’s Struggles Continue With New Orders, Deliveries
Boeing delivered more commercial planes in August than it did in July and wrote more orders as well. The numbers remain small, however, and the FAA is looking into a new issue with the…
Microsoft Tweets That Xbox Series S Coming
Following a Monday leak, Microsoft has confirmed a new Xbox Series S gaming console that will cost less than half as much as the company's flagship Xbox Series X.
Is Demand Destruction Behind the Drop in Crude Oil Pricing?
WTI crude oil has dropped nearly 9% early Tuesday as demand has slipped again, leaving bulging inventories and a prediction for continued low prices.
New GM Partnership Not Just a Win for Nikola
GM and electric truck maker Nikola have struck a noncash deal that gives GM an 11% stake in Nikola in exchange for in-kind services related to engineering and manufacturing of Nikola's pickup and heavy-duty…
Will a New CEO and a Huge Write-Down Save Aurora Cannabis?
Canada-based medical and recreational marijuana company Aurora Cannabis announced Monday that it has a new CEO and will take a substantial write-down on goodwill and other intangible assets.
What ‘Going to Work’ Will Mean in the Very Near Future
Some of the changes to Americans' work lives brought about by the COVID-19 pandemic have been popular. Others, not so much.
Battery Maker QuantumScape to IPO in Reverse Merger
Solid-state battery maker QuantumScape has agreed to a reverse merger with a blank-check company that will result in an IPO in the fourth quarter.
This Website Allows Walmart to Test Toy Popularity for Christmas
Walmart's panel of experts have chosen their favorite toys for the coming Chrismas season. The giant retailer has also launched a website that lets kids everywhere experience the top-rated toys.
Employers Have Cut 1,963,458 Jobs Through August, Triple 2019 Annual Total
Announced job cuts for the first eight months of this year surpass 2019's 12-month total for last year. Roughly 1.1 million of the cuts are related to the COVID-19 pandemic.
August Beige Book Details Slowing US Growth
The Fed's August Beige Book offers anecdotal reports indicating continued uncertainty about U.S. economic growth even while the economy shows progress.
US-Focused Cannabis ETF Debuts
A new ETF that includes only U.S. firms operating in the legal cannabis market made its first appearance on Wednesday.