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Paul Ausick

Outlook for 2019 Oil Market ‘Not Very Cheerful’: IEA

The International Energy Agency released its monthly Oil Market Report Friday morning, noting a significant drop in Saudi Arabian production in December with more cuts promised. How that will play out over time is…

Paul Ausick · 8 years ago

MoviePass Files for Public Offering

The firm that controls MoviePass has announced that it has filed confidentially to issue common stock in a new company that will own the discount movie-ticket program.

Paul Ausick · 8 years ago

101 Million Americans Subscribe to Amazon Prime

Amazon Prime reached a milestone of more than 100 million U.S. subscribers in 2018. Almost two-thirds of Amazon's U.S. customers are now subscribers to Prime.

Paul Ausick · 8 years ago

Shutdown Could Cost Economy $4 Billion a Month

The government shutdown could be costing the U.S. economy some $4.3 billion a month in pretax dollars. The shutdown has a particularly harsh effect on families of the country's military forces.

Paul Ausick · 8 years ago

Sears Survives: Here Are Its 8 Largest Competitors

Pending a bankruptcy court's approval, Sears has avoided liquidation following an offer exceeding $5 billion from former CEO Eddie Lampert. But the store's survival is anything but guaranteed given the strength of the competition.

Paul Ausick · 8 years ago

The Mess That Is Ford

Ford disappointed investors on Tuesday with its announcement of an alliance with VW that had little to boost spirits and a preliminary results announcement Wednesday morning only made matters worse.

Paul Ausick · 8 years ago

11 Largest Bankruptcies of All Time

Northern California natural gas and electricity provider PG&E recently announced its intention to file for bankruptcy protection. Here's a list of the 11 largest U.S. bankruptcies of all time.

Paul Ausick · 8 years ago

2018 European Auto Sales Fizzle

Auto sales in Europe declined by 8.4% in December and full-year sales for 2018 rose by just 0.1% compared with 2017 sales.

Paul Ausick · 8 years ago