Auto, Petroleum Industries Get Behind Higher Octane Gas
At a Congressional hearing earlier this month, auto and petroleum industry presented a case for mandating higher octane -- and likely more expensive -- gasoline.
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Paul Ausick
Is Investors’ Love Affair with Apple Over?
Apple had a tough week and closed it out with a share-price drop of more than 4%. As always when the company's stock falls out of favor, the question is whether this is an…
FAA Issues Inspection Order for Boeing 737 Engines
The U.S. Federal Aviation Administration has ordered ultrasonic inspections of engines like the one that blew up on a Southwest Airlines 737 last week. The first inspections must be completed within 20 days.
Cisco Systems Back as Top-Performing Dow Stock in 2018
Cisco Systems has climbed back to the top spot as the best-performing Dow stock for the year to date. The stock added about 2.5% to its share price last week.
Procter & Gamble Sinks, Now Worst-Performing Dow Stock of 2018
Procter & Gamble took over last week as the worst performer among the 30 stocks that comprise the Dow Jones industrial average index. Weak earnings and a $4.2 billion acquisition likely had a lot…
10 Most Affordable Cities for Fastest Growing Careers
Low U.S. unemployment rates may indicate that now is a good time to consider changing careers. Here's a list of the fastest growing U.S. careers and the cities where these jobs are most in…
Mattel, NXP Semiconductor Slide into Friday’s 52-Week Low Club
Mattel, NXP Semiconductor, Bristol-Myers, and Kraft Heinz all posted new 52-week lows Friday.
Apple, IBM Tank the Dow Friday
Tech giants Apple, IBM, and Intel joined industrial biggie Caterpillar to sink the Dow on Friday.
US Oil Rig Count Rises by 5; Crude Price Dips Slightly
The U.S. land-based oil rig count rose by five this week following burst of activity in the Permian Basin. The number of offshore rigs also rose this week.
Mortgage Fraud Risk Rises for Sixth Straight Quarter
Mortgage fraud risk rose for the sixth consecutive quarter in the first quarter of 2018. According to CoreLogic there was a sharp increase in borrowers who were seeking to purchase rental properties under the…
It’s 4/20 and Marijuana’s Prospects Have Never Looked Brighter
April 20 (4/20) is the unofficial national holiday and this year there is really something to celebrate.
Wells Fargo Settles Federal Claims for $1 Billion
Wells Fargo has settled complaints from the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency for a total of $1 billion in penalties. The settlement had a positive effect…
Trump Takes a Shot at OPEC Over High Oil Prices
President Trump has responded to reports that OPEC and its partners may want to reduce crude oil production even further with a tweet that prices are artificially high and "will not be accepted."
Why Schlumberger’s Earnings Beat Isn’t Helping the Stock
Oilfield services firm Schlumberger beat both profit and revenue estimates in the first quarter, but the CEO's comments on challenges to U.S. production growth have made investors cautious.
Why General Electric Earnings Are Brightening Investors’ Morning
General Electric beat first-quarter profit estimates when it reported results Friday morning. The company also reaffirmed its full-year guidance and reported a sharp drop in structural costs.
Philip Morris, Procter & Gamble Plunge into Thursday’s 52-Week Low Club
Helios and Matheson, Procter & Gamble, Philip Morris, and Altria all posted new 52-week lows Thursday.
Apple, Procter & Gamble Sink the Dow Thursday
Procter & Gamble, Apple, Intel, and DowDuPont were the Dow's leading losers on Thursday.
FirstEnergy Solutions Bankruptcy Could Take a Long Time
Following its bankruptcy filing late in March, FirstEnergy subsidiary FirstEnergy Solutions is just getting started on a process that might take years to resolve.
Qualcomm, NXP Merger Hits Chinese Wall
At the request of the Chinese government, Qualcomm and NXP have withdrawn their original notice of the two companies' intention to merge and filed a new one. No explanation given, but the reasons aren't…
What Kinder Morgan’s Dividend Hike Portends
Pipeline and infrastructure giant Kinder Morgan raised its annual dividend by 60% last night but the company still faces a big challenge in Canada.