US Oil Rig Count Jumps by 11; Crude Price Sinks
The number of U.S. land-based rigs drilling for oil jumped by 11 this week and a total of 14 horizontal rigs were put into service.
All Work
Paul Ausick
America’s Best Airlines in 2018
Consumer interest website WalletHub has published its ranking of 9 U.S. airlines. The top-ranked airline is the same as last year, but its score dropped significantly. Is air travel in a race to the…
Ford Recalls 350,000 F-150s, Expeditions for Roll Away Issue
Ford is recalling nearly 350,000 F-150 pickups and Expedition SUVs to repair a problem that could cause the vehicle to roll away even though the transmission has been placed in Park.
Is Wynn a Good Deal for MGM Resorts?
The New York Post reported that sources say MGM Resorts is interested in buying Wynn Resorts now that Steve Wynn has sold all his holdings in the company.
BlackRock to Exclude Gun Purveyors From Funds
Asset management firm BlackRock is introducing new investment products that do not include firearms or ammo makers or large retailers among the funds' components. That would exclude Walmart and Dick's Sporting Goods.
Customer Data for Delta, Sears, Best Buy, Others May Have Been Stolen
Customer data at several well-known companies was exposed last fall in a malware attack. The companies are still trying to determine if any data were actually stolen.
Trivago, Dominion Energy Wander into Thursday’s 52-Week Low Club
Globalstar, Dominion Energy, Sibanye Gold, and Trivago all posted new 52-week lows Thursday.
Boeing, Chevron Lead Dow Higher on Thursday
DowDuPont, Boeing, Chevron, and Caterpillar were Thursday's leaders among the Dow 30.
Movie Theaters Losing More Ground to In-Home Entertainment
A new report on movie ticket sales and home entertainment sales underscores big changes in the movie business.
Nearly Half of Americans Expect Loss From Identity Theft in 2018
Nearly half of Americans are expecting to face a financial loss this year as a result of identity theft.
What the Opioid Epidemic Costs Employers
The opioid epidemic in the U.S. cost employers $2.6 billion in 2016 to pay in treatment costs covered by insurance plans.
Natural Gas Prices Continue Slide Following Storage Report
The U.S. natural gas inventory fell by 29 billion cubic feet last week, the last week of the "official" winter heating season.
Activist Investor Targets Carrizo, Wants Permian Focus
Shares of independent oil and gas producer Carrizo Energy were up 10% in early trading Thursday following news that an activist investor with about 8% of the stock is pushing for changes in the…
Navy Tries to Damage $13 Billion Carrier
Under pressure from the Senate Armed Services Committee, the U.S. Navy has agreed to begin shock tests on its $13 billion carrier, the USS Gerald R. Ford.
Q1 Job Cuts Up 44% Year Over Year; March Up 71% Month Over Month
Employers cut more than 60,000 jobs in March, the highest monthly total in nearly two years, according to outplacement firm Challenger, Gray & Christmas.
IBM, Nike Buoy the Dow on Wednesday
IBM, Nike, Microsoft, and Coca-Cola led the Dow higher Wednesday after a poor start.
Ford Escape SUV Scores ‘Poor’ in Safety Test
A recent round of testing on seven small 2018 model year SUVs resulted in a "poor" rating for one of the vehicles -- the Ford Escape.
Auto Loan Interest Rates Reach 9-Year High
Interest rates on new car loans have reached their highest level since 2009 according to industry analyst firm Edmunds.com. Interest rates on used car loans is rising too.
2018 Data Breach Pace Slows, but Still High
The number of data breaches through the end of March is running well behind the number at the same time last year. But that number could jump if a recent leak at Panera Bread's…
Crude Oil Price Bounces Around After Mixed Inventory Report
Crude oil prices cut their losses slightly following the inventory report from the U.S. Energy Information Administration. Investors and traders are grappling with tariffs today, and petroleum inventory changes are taking a back seat.