Apple’s Bet on Sustainability as a Growth Business
Last week's event introducing the latest Apple iPhones also included a presentation on the company's goal to build products that last longer--a lot longer. How is that a good thing for Apple?
All Work
Paul Ausick
Audi Introduces Its Answer to the Tesla Model X
Audi on Monday introduced its luxury midsize all-electric SUV, the e-tron. The vehicle is aimed squarely at the Tesla Model X and the new Jaguar I-pace. The Audi even has a hook to Amazon.
JD.com, Exelixis Stumble into Monday’s 52-Week Low Club
JD.com, Turquoise Hills, Exelixis, and Floor & Decor Holdings all posted new 52-week lows Monday.
Apple, McDonald’s Sink the Dow Monday
Apple, McDonald's, Boeing, and Visa combined to send the Dow lower in Monday trading.
MoviePass Wants Another Reverse Stock Split
MoviePass owner Helios and Matheson has called a special shareholders meeting to vote on another reverse stock split. Shares lost about 30% of their value and now trade at less than 2 cents per…
US Gas Price Ticks Higher Again, but Lower Prices Seen Ahead
U.S. gasoline prices barely changed last week, rising by just half a penny, even though crude oil prices rose about 2%. The difference is due to the refineries' switch to lower-cost winter fuel and…
More Good News for Workers Looking for Seasonal Jobs
U.S. firms have announced plans to date to hire a total of more than 340,000 holiday season workers. A couple of the largest companies haven't made official announcements yet.
Is Debt the Reason Behind Netflix’s Flirtation With Advertising?
A recent survey of Netflix subscribers indicates that nearly a quarter would cancel their subscriptions if the company begins showing ads. But Netflix needs to offset its planned $8 billion in spending on programming.…
Holiday Season Sales Projected to Rise 4%, E-Commerce Sales Up by Double Digits
Consumers are expected to spend more this holiday season according to the latest data from Coresight Research. E-commerce sales are forecast to grow by double digits again this year.
DowDuPont Names Execs for Post-Breakup Firms
DowDuPont announced Monday the executive leadership teams for two of the three companies that will be formed when DowDuPont breaks itself up next year.
IPO News This Week: 8 Firms Looking to Capital Markets for $3.26 Billion
Five IPOs raised $1.33 billion last week. In the week ahead, eight companies are seeking a total of $3.26 billion in the IPO market. More new capital has been raised to date this year…
Best (and Worst) Cities to Get a Mortgage with Poor Credit
Buying a home with a less than pristine credit score is still possible. But you need to know where to look and what other factors play into the mortgage-lending decision. We're here to help.
The Largest Expense of Car Ownership Is Invisible
Before buying a new vehicle, U.S. consumers need to pay attention to the actual cost of owning and operating that vehicle. The largest annual expense is one most of us don't even notice.
Nike Sprints to First Place as Dow’s Top-Performing Stock
Nike's risky new ad campaign featuring NFL player Colin Kaepernick has paid off in higher sales and increased attention from analysts who have raised ratings and price targets and said lots of nice things…
3M Reclaims Position as Dow’s Poorest Performer
After dropping more than 2% last week, 3M Company has regained its position as the worst performing stock among the 30 equities that make up the Dow Jones industrial average.
Turquoise Hills, Summit Materials Flop into Friday’s 52-Week Low Club
Turquoise Hills Resources, Summit Materials, NN, and Extraction Oil & Gas all posted new 52-week lows Friday.
Disney, United Technologies Balance the Dow Friday
The Dow closed essentially flat Friday with Disney and Apple offsetting gains posted by United Technologies and Boeing.
US Oil Rig Count Rises by 7, Prices on Track for Small Weekly Gain
U.S. land-based oil drillers added seven new rigs last week, lifting the total number of rigs drilling for oil to 867. The report sent crude prices down from an intraday high well above $69,…
Caterpillar’s August Retail Sales Extend Growth Trajectory
Caterpillar reported August retail sales Friday morning. The company continues its year-long streak of improving on 2017 machine sales.
September Consumer Sentiment Soars on Jobs, Pay Increases
The University of Michigan's preliminary September consumer sentiment survey recorded its second-highest reading since 2004. Job and wage growth are the driving forces.