How Self-Driving Trucks Will Take Over Truck Driving Jobs
It's been suggested that as many as 3.1 million U.S. truck driving jobs (all sizes, not just big rigs) are at risk from self-driving trucks. That's about 2% of all U.S. jobs.
All Work
Paul Ausick
Twitter CEO Takes No Salary or Stock Grant for Third Year in a Row
In a filing with the SEC, Twitter reported that CEO Jack Dorsey did not accept a salary or a stock grant last year. Dorsey owns about 2.39% of Twitter's outstanding shares.
How Delta Earnings, Guidance Are Boosting Airline Stocks
Delta Air Lines beat analysts' estimates on both the top and bottom line for the first quarter of 2018. Guidance for the second quarter is also solid.
US Production Growth Continues to Offset OPEC Cuts
In its monthly report on the global oil market, OPEC sees more growth in U.S. and non-OPEC oil production.
Dominion Energy, Franklin Resources Plop into Wednesday’s 52-Week Low Club
Franklin Resources, Dominion Energy, vTv Therapeutics, and Tupperware all posted new 52-week lows Wednesday.
Boeing, DowDuPont Sink the Dow Wednesday
Boeing, DowDuPont, JPMorgan, and Goldman Sachs led the Dow to a moderate loss Wednesday.
Nasdaq Delists Long Island Blockchain
Long Blockchain, a company that pivoted from being a beverage maker to a blockchain technology provider, is being delisted from the Nasdaq effective Thursday.
Will Canada Buy Kinder Morgan’s Trans Mountain Pipeline?
The province of Alberta may be willing to buy Kinder Morgan's Trans Mountain Pipeline system if the company can't get the support it says it needs to proceed on its own.
Crude Oil Price Pares Gain Following Inventory Increase
The U.S. commercial crude oil inventory rose by a surprising 3.3 million barrels last week, but after a quick dip in the price, futures rose sharply again.
Why Rite Aid Short Interest Continues to Climb Ahead of Merger With Albertsons
Rite Aid stock is the fifth most shorted equity on the NYSE even as the company's proposed merger with Albertsons heads to completion.
Mortgage Loan Rates, Applications Slipped Last Week
Mortgage rates slipped a little last week and applications for new mortgages fell as well. Refinancings hit a nine-and-a-half year low.
Will 3D Printing Stocks Continue to Pay Off for Short Sellers?
Short interest on the four 3D printing stocks we follow fell during the most recent reporting period. But short sellers were in the right place at the right time, making nice profits on their…
Short Interest Lags in Solar, Alt Energy Stocks
In the two-week short interest reporting period that ended March 29, the solar and alt energy stocks we track showed an overall decline in short interest.
MGIC, Tupperware Slide into Tuesday’s 52-Week Low Club
MGIC Investment, vTv Therapeutics, BRF, and Tupperware all posted new 52-week lows Tuesday.
Boeing, Caterpillar Dominate the Dow Tuesday
Boeing, Caterpillar, DowDuPont, and Exxon Mobil paced the Dow to a solid gain Tuesday.
US Gasoline Prices to Jump 14% This Summer
U.S. drivers can expect to pay an average of 33 cents a gallon more this summer for gas. The average price will also be higher for the full year and an average household will…
Boeing Passenger Jet Deliveries Up 9% in Q1
Boeing reported Tuesday that it delivered 184 passenger jets during the first quarter of 2018 and took net new orders for 221 in the same period.
Boeing Announces Order for 50 737s; Airbus Shuts Down Revamp of A320
Boeing revealed Tuesday that Indonesia's Lion Air had ordered 50 737s that Boeing already had on its order book as coming from an unidentified customer. But news that Airbus is stopping work on designing…
Mortgage Delinquencies Decline in January; Still High in Hurricane-Hit Areas
Mortgage delinquency rates in Texas and Florida are still being affected by last year's storm damage according to the latest data from CoreLogic.
Tenneco Pays Icahn $5.4 Billion for Federal-Mogul
Auto parts maker Tenneco has agreed to pay Icahn Enterprises $5.4 billion to acquire Federal-Mogul, another parts supplier.