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Paul Ausick

FedEx Reserves 20 Tesla All-Electric Semis

Package carrier FedEx announced Monday that it has reserved 20 all-electric semis from Tesla. The new big rigs are scheduled to begin production sometime next year.

Paul Ausick · 8 years ago

US National Average Gasoline Price Springs Higher

U.S. gasoline pump prices rose by an average of 11 cents a gallon in the past week. Petroleum inventory levels have fallen by about 150 million barrels in the past 12 months.

Paul Ausick · 8 years ago

China’s Oil Futures Market Opens for Business

In a move to gain more influence on the global oil market, China began trading a crude oil futures contract Monday morning that is traded in yuan, not dollars.

Paul Ausick · 8 years ago

IPO News This Week: Chinese Firm Seeks $2.25 Billion

After last week's debut of cloud storage provider Dropbox, eight more companies are on the coming week's IPO calendar, including a Chinese streaming video firm seeking more than $2 billion.

Paul Ausick · 8 years ago

8 Biggest Dow Losers So Far in 2018

The eight worst performing Dow stocks for 2018 have all lost at least 10% of their value for the year to date.

Paul Ausick · 8 years ago

Boeing Reportedly Beats Airbus for American Airlines Order

Boeing has reportedly beat out arch-rival Airbus for an American Airlines order for new widebody passenger jets. None of the participants has confirmed the story, but it does have the ring of truth about…

Paul Ausick · 8 years ago

These Are the Only Dow Stocks Up for the Year

Only six Dow stocks have been able to post year-to-date gains as of Friday's close. Last week's massive sell-off caused every Dow stock to lose value.

Paul Ausick · 8 years ago