Short Sellers Moving Back Into Energy
Short sellers moved back into oil and gas companies during the short interest reporting period that ended October 15.
All Work
Paul Ausick
Can $5 Contact Lenses Ruin Halloween?
Cosmetic contact lenses to finish off that perfect Halloween costume may be dangerous unless prescribed by an ophthalmologist or an optometrist. It is illegal for any vendor, including Amazon and eBay, to sell them…
Wind Power Could Meet 1,100% of Global Electricity Demand in 2040
Wind energy has the potential to generate far more than 100% of global electricity demand by 2040. But is there the will to make the investment?
What Does Visa Have to Do to Get Some Props?
Credit card issuer Visa beat analysts estimates for quarterly profits and revenues and guided EPS growth in the mid-teens for its 2020 fiscal year. That's nice.
Voting Ends Friday on UAW-GM Contract Deal; Ford, Chrysler Turns Coming
GM's union 46,000 union employees on Friday will complete voting on a new contract. If the deal is approved, Ford and Chrysler negotiations will go into high gear.
New Home Sales Remain Near 12-Year High
New home sales have topped a seasonally adjusted annual rate of 700,000 for two months running, the first time that's happened in 12 years.
$300 Billion Needed Now to Buy Time to Combat Climate Change
A near-term plan to restore nearly a billion acres of the earth's surface to pasture and farmland could pay huge dividends by giving countries and policymakers the time to scale up more costly efforts…
Can Tesla Keep Cutting Costs to Post Profits?
Tesla posted an unexpected profit in the third quarter and investors are jumping into the shares with both feet. Can the company keep up the momentum?
Why Ford’s Q3 Results Were Not as Good as They Looked
Ford beat estimates for both earnings and revenues in the third quarter. But the good news was soft concerning the company's real business of making and selling cars and light trucks.
Green Economy Generated $1.3 Trillion, 7% of US GDP
The U.S. green economy contributed about 7% to the country's gross domestic product in fiscal year 2016 and employed nearly 9.5 million Americans.
Walmart Starts Holiday Sales While It’s Still 90 Degrees in Phoenix
Walmart is launching its first holiday deals on Friday this week. While that may seem a bit early, there's a good reason to start early: the holiday shopping period is much shorter than usual…
Is This the News That’s Propping Up Boeing’s Share Price After Earnings?
GE has delivered to Boeing the first GE9X jet engine that is flight compliant and ready for testing on Boeing's new 777X twin-engine, dual-aisle passenger jet.
Crude Price Rises as Inventory Levels Fall for First Time in 6 Weeks
The U.S. crude oil inventory dropped last week as did stockpiles of gasoline and diesel fuel. But the decline is having only a moderate effect on the crude oil market.
The Growing War on Federal Land Officers No One Is Talking About
Law enforcement officials at the four federal land management agencies faced 360 threats and assaults in a five-year period.
Boeing’s Q3 Results May Not Save Top Execs
Boeing posted a quarterly profit in-line with expectations but the big news came yesterday when the company replaced the CEO of its commercial aircraft division. Will more heads roll?
Higher Mortgage Loan Rates Last Week Quelled Refinancing
Mortgage loan rates rose last week, with conventional 30-year fixed mortgages topping 4%. Refinancings were down sharply.
America’s Favorite Consumable Products
U.S. consumers buy a lot of nondurable goods like food, beverages, clothing and shoes. The American Customer Satisfaction Index asks them how they like the products they have to choose from.
China’s GDP Growth Near Record Low
Chinese GDP growth fell to 6.0% in the third quarter, down from 6.1% in the second quarter. While tariffs are having an impact on exports, China's falling imports are likely even more to blame…
Are AT&T and Paul Singer About to Reach a Deal?
Telecom giant AT&T and activist investor Paul Singer's Elliott Management could be near a deal that satisfies both parties. Or not. But there are good reasons to expect a positive outcome by the end…
Why a Q3 $12.7 Billion Charge Isn’t Hurting Schlumberger
Oilfield services firm Schlumberger reported third-quarter results Friday that beat estimates for adjusted profit. A $12.7 billion pretax charge appears not to have dulled investors' enthusiasm for the high-dividend payer.