Snap CEO Sells Some Shares to Pay Taxes
Snap CEO Evan Spiegel has filed documents with the U.S. Securities and Exchange Commission regarding the sale of about $25 million in company stock.
All Work
Paul Ausick
What Consumers Can Expect to See in AXA Acquisition of XL Group
French insurance giant AXA has offered to by U.S.-traded XL Group for $15.3 billion in an effort to become a global leader in property and casualty insurance.
Why Qualcomm Wanted the US to Delay Its Annual Meeting
A U.S. government committee has ordered Qualcomm to delay its shareholders' meeting, an order the company certainly sought when it requested a review of Broadcom's hostile takeover offer.
US Oil Production to Drive World Supply in Next 5 Years
The International Energy Agency released its "Oil 2018" five-year forecast Monday morning. The agency looks to the U.S. and a few other non-OPEC countries to meet most of the demand growth over the forecast…
Apple Grabs Lead From Fitbit in Wearables Market
Tech industry research firm IDC reported last week that Apple had displaced Fitbit to become the volume and market share leader in the wearables market both in the fourth quarter and all of 2017.
IPO News This Week: Deal-Making Begins to Heat Up
Last week saw a single IPO and the calendar for this week is equally spare. The news going forward is that the pipeline is filling up with a $1 billion direct offering from Spotify…
BlackRock Seeks Answers From Gun Makers, Retailers
Asset management firm BlackRock said last week that it has been meeting with gun makers and retailers to find out how they are responding to the school shooting in Parkland, Florida.
Mercedes-Benz Mystery AMG GT to Debut in Geneva
Mercedes-Benz is set to unveil its four-door AMG GT coupe at this week's Geneva International Auto Show. The new car is based on the two-door version, but the company has kept other details firmly…
Boeing Holds on as Top Dow Stock, but Cisco Is Closing In
Boeing shares posted a loss last week, along with all but three of the Dow stocks. The company is holding on to its position as the best Dow performer, but Cisco is closing the…
General Electric’s Rank as Worst Dow Stock Unchallenged Last Week
The impact on GE of the president's announcement that tariffs on steel and aluminum are coming is unclear, but there was enough other bad news to keep the stock as the Dow's worst performer…
Where Your Generation Lives
The most popular U.S. cities to live in changes with the generations -- millennials, Gen Xers and boomers choose different favorites for different reasons. Here are the most popular cities for each generation.
Here’s What You Need to Earn to Be a One-Percenter
Moving up the ladder of wealth in the United States is not impossible, but it's more than difficult. Just to reach the top 1% of earners requires an income of nearly $500,000 a year.
Ford, Ensco Dip into Friday’s 52-Week Low Club
Ford, Ensco, Weatherford, and Opko Health all posted new 52-week lows Friday.
The Dow Slips as McDonald’s, Caterpillar Weigh
McDonald's faces a big dollar drop, while Caterpillar, Boeing, and Travelers are doing their part to drag the Dow down Friday.
US Oil Rig Count Rises by 3; Crude Price Maintains Small Gain
The U.S. land-based oil rig count rose by one this week and rigs drilling for natural gas increased by two for a total of 981 working rigs this week.
US Auto Loan Balance Rises to $1.13 Trillion
Americans have increase their total outstanding debt for auto loans to $1.13 trillion, a record high.
Heavy Metal: Where Tariffs on Steel and Aluminum Could Hurt the Most
In addition to the impact on prices for companies that use steel and aluminum to make other products, the administration's proposed tariffs could cause some serious collateral damage.
Slashing 360 Jobs Won’t Bring Back the Love for JC Penney
In addition to its lackluster earnings report, J.C. Penney said Friday morning it is cutting 360 head office and other management positions in order to save $20 million to $25 million a year. That…
Boeing Gets Bad News on Aluminum, Good News From Southwest Airlines
The news that the president will go ahead with tariffs on imported steel and aluminum sent markets tumbling Thursday. For big users of aluminum, like Boeing, that's bad news.
JC Penney Earnings: Close Only Counts in Horseshoes and Hand Grenades
J.C. Penney reported better-than-expected earnings this morning but missed on a couple of important numbers. As a result, investors have been punishing the stock.