JD Power, Samsung Join Forces Make Connected Cars Better
J.D. Power and Samsung subsidiary Harman are teaming up to help automakers measure and understand consumer reaction to rapid automotive technology changes.
All Work
Paul Ausick
Boehner-Backed Cannabis Firm Raises $119 Million Ahead of IPO
Marijuana cultivator and dispensary operator Acreage Holdings raised $199 million in a venture funding round that precedes the firm's expected IPO this fall.
Existing-Home Sales Slip for Third Straight Month; Median Price at All-Time High
Sales on existing homes fell slightly in June according to the latest report by the National Association of Realtors. Median prices jumped nearly 6% nationally and more than 10% in the West.
Is Qualcomm, NXP Deal Taking Its Last Breath?
If the proposed $44 billion offer by Qualcomm for NXP Semiconductors does not receive Chinese regulatory approval by Wednesday, the deal fails. What happened?
Crypto Exchange Coinbase Tells a Fib, Forms a PAC
Cryptocurrency exchange Coinbase has filed with the U.S. Federal Election Commission to form a political action committee. As Congress and regulators try to figure out how to regulate cryptos, Coinbase at least wants to…
IPO News This Week: 11 US Offerings on the Calendar
After firing off nine IPOs last week, the market is expecting 11 more this week seeking a total of $3.4 billion in new funding.
How To Find a New Home Before It’s Even Listed for Sale
If you're in the market for a new home, you're facing one of the toughest markets ever. But you can give yourself an edge if you do a little detective work.
Car of the Decade: ‘Savagely Quick’ Tesla Model S
Classic car insurer Hagerty has named the Tesla Model S sedan as its "Car of the Decade," putting the all-electric vehicle in a group that includes the Model T and the classic World War…
One Family Controls Who Will Be Next CEO of Fiat Chrysler
Sergio Marchionne, CEO of Fiat Chrysler and Ferrari, will not return to his posts following a lengthy hospital stay. Both firms are controlled by the Agnelli family and replacements are expected to be named…
Microsoft Moves in as Dow’s Top-Performing Stock
Microsoft took over as the top-performing Dow stock last week, following a better-than-expected earnings report and a five-year agreement to provide Walmart with cloud services.
Procter & Gamble Returns as Dow’s Poorest Performing Stock
Procter & Gamble this week replaced 3M as the worst-performing stock among the 30 equities that comprise the Dow. The index itself traded virtually flat for the week.
AI Portfolio One Year Later
Loup Ventures analyst Doug Clinton reviews the one-year performance of the firm's artificial intelligence portfolio. It had a very good year.
Skechers, AT&T Plunge into Friday’s 52-Week Low Club
Skechers, Vodaphone, AT&T, and Yum China all posted new 52-week lows Friday.
Microsoft, JPMorgan Hold the Dow Level Friday
The Dow closed roughly flat Friday with Microsoft and JPMorgan leading the gainers with Caterpillar and IBM the leading losers.
US Oil Rig Count Down 5, Crude Price Set to Post Small Weekly Loss
The number of U.S. land-based rigs drilling for oil fell by five this week and the natural gas rig count fell by two. The decline has sent crude prices higher.
The Future of Money: Digital Currency
Brookings Institution Fellow Eswar Prasad testified last week on digital currencies and central banks before a U.S. House subcommittee on monetary policy and trade.
How Trump Is Trying to Lower Crude Oil Prices
When President Trump complained about how rising interest rates were slowing economic growth on Thursday, the dollar immediately weakened. A weaker greenback typically means lower crude oil prices. Could that be on his mind?
Surprise, Surprise: Income Inequality Is Getting Worse
The average income of a top 1% U.S. household is more than 26 times the average of one in the bottom 99% of households.
America’s 15 Biggest Defense Contractors
When most of us think of federal defense spending we envision fighter planes, tanks, battleships, and aircraft carriers. While some of the budget certainly goes to buy military armaments, in reality the majority is…
Why Schlumberger’s Q2 Earnings Should Get More Love
Oilfield services company Schlumberger reported quarterly earnings Friday morning that met analysts' expectations but revenues were just a little short. The CEO remains confident about the second half of the year.