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Paul Ausick

Cryptocurrencies Losing Real Money to 51% Attacks

So-called 51% attacks have been launched against several popular digital coins resulting so far in losses of several million dollars. These attacks can be easy and cheap to launch and result in a big…

Paul Ausick · 8 years ago

12 American Companies That Control Tech

Six of the 10 largest U.S. publicly traded companies by market cap are technology companies. So far in 2018, the tech sector is the only one to have posted a double digit gain. The…

Paul Ausick · 8 years ago

Business Leaders Weigh-In on China, G7 Trade Talks

U.S. CEO members of the Business Roundtable issued a statement Friday morning urging the Trump administration to back away from tariffs on Chinese goods and goods from allies in favor of continuing discussions to…

Paul Ausick · 8 years ago

Airbus to Close Deal for Bombardier C Series on July 1

On July 1, Airbus will close its deal for a controlling stake in the Bombardier's C Series program. The Airbus plant in Mobile, Alabama, will be the site of a second assembly line for…

Paul Ausick · 8 years ago

US Household Net Worth Tops $100 Trillion

The Federal Reserve released is Q1 Flow of Funds report Thursday indicating that U.S. household net worth rose to more than $100 trillion and that growth in household debt was slower than in the…

Paul Ausick · 8 years ago

Chinese Market for Gold Jewelry on the Mend

After years of steady growth, Chinese demand for gold jewelry began to plunge in 2014 before posting a small gain again last year. Is the country's market for gold turning around?

Paul Ausick · 8 years ago

Should Short-Term Earnings per Share Guidance Go Away?

Warren Buffett and Jamie Dimon argued in a Wall Street Journal op-ed Wednesday that public companies should stop giving quarterly EPS guidance. The Business Roundtable agrees. Does that mean the practice should and will…

Paul Ausick · 8 years ago

General Electric Announces Venture to Manage Drone Traffic

GE announced Thursday that it has formed a wholly owned subsidiary, AiRXOS, to provide mananement and control services for drones. The business is attracting both large and small players and may be further developed…

Paul Ausick · 8 years ago