Tech Industry Revenues to Reach $351 Billion This Year
Americans are expected to spend $351 billion in 2018 on items like smart speakers, virtual reality headsets, smartphones and other high-tech devices.
All Work
Paul Ausick
IPO News This Week: Amazon Supplier, Fracking Firm to Lead-Off 2018
Three IPOs, the first of 2018, are on the calendar for the coming week: a blank-check company; a supplier of warehouses for Amazon; and an oilfield services firm that specializes in fracking.
Mobile Apps Generated $58.6 Billion in 2017, Apple Sales Double Google’s
Total spending on mobile apps and games reached $58.6 billion in 2016 according to research firm Sensor Tower. Apple's share of the take was nearly double Google's.
US Orders Takata to Recall Millions More Airbags
The U.S. National Highway Traffic Safety Administration (NHTSA) on Friday ordered airbag maker Takata and automakers that used the firm's airbags to recall more vehicles.
Walmart Has Given Up Its Private Policing for Shoplifters
In early December, Walmart cut its ties with two companies that had provided security services for 2,000 of Walmart's 4,700 U.S. stores.
General Electric From Worst to First Among DJIA Stocks
What a difference a week makes. From 2017's worst-performing DJIA stock to the top gainer in the first week of 2018. Can GE make the reversal last?
Intel Begins 2018 as the Worst Performing DJIA Stock
Intel was the worst performing Dow stock in the first week of 2018, entirely due to a recently revealed flaw that has been present in the company's chips for more than 20 years.
3 Reasons to Buy a Home Now
The rapid rise in home prices we've seen in the past few years is expected to moderate in 2018 and tight inventories are expected to improve as well. And there's one other big reason…
Ohr Pharma, Francesca’s Dive into Friday’s 52-Week Low Club
Ohr Pharma, Francesca's Holdings, Yingli Green Energy, and Barnes & Noble all posted new 52-week lows Friday.
Boeing, Visa Push DJIA to New Highs Friday
Boeing, Visa, UnitedHealth Group, and Caterpillar led the DJIA to a new all-time high Friday.
US Oil Rig Count Tumbles, Crude Price Dips Below $62
Baker Hughes reported Friday afternoon that the U.S. land-based oil rig count dropped by five this week. With crude prices at around $62 a barrel, rig counts could begin climbing again.
Is the World Health Organization Kicking Older People to the Curb?
The World Health Organization does not refer to the illnesses and conditions of people older than 60 in its draft program of work for the period 2019 to 2023. Is that an oversight or…
US Fuel Economy Rating of New Cars Sold in 2017 at 25.2 MPG
The average fuel-economy rating of new cars and light trucks sold last year in the United States was 25.2 miles per gallon, the same as the 2016 average.
December Hiring Up 24% Year Over Year: LinkedIn
American workers are generally moving to cities with warmer weather and so are jobs. LinkedIn published its December report Friday morning.
Apple’s iPhone Battery Problem: Bad News Travel Faster
The consumer buzz rose to a new high following the December report that Apple had slowed down the processors in older iPhones to help dodge a problem with older batteries. Unfortunately for Apple, a…
Nintendo Switch Becomes Fastest-Selling Game Console Ever
Nintendo's Switch has become the fastest-selling gaming console in the United States, with sales of 4.8 million units in its first 10 months on the market.
2018 Bull/Bear Outlook: Will Home Depot Have to Fend Off Amazon This Year?
Home Depot was one of the best performing DJIA stocks in 2017. Can it keep going in 2018? And what about Amazon?
Natural Gas Sets New Price Record Ahead of Northeast Storm
The major winter storm driving through the northeast U.S. sent natural gas spot prices delivered to New York City to an all-time high on Wednesday.
Southern Company, Sears Drop into Thursday’s 52-Week Low Club
Southern Company, Colony NorthStar, Starwood Property, and Sears all posted new 52-week lows today.
General Electric, DowDuPont Lead DJIA Higher Thursday
GE, DowDuPont, Merck, and IBM lifted the DJIA to more than 25,000 on Thursday.