Gasoline Prices Rise as Demand, Exports Remain Robust
U.S. gasoline prices rose again last week as demand remains unusually strong for this time of year. Coupled with rising exports, prices could remain elevated through the end of the year.
All Work
Paul Ausick
Which Businesses Does GE Want to Sell?
The reduction in GE's dividend had likely been priced into the stock before this morning's announcement. The market is still reacting to what else CEO John Flannery had to say.
Brookfield Offers $15 Billion in Cash and Stock for GGP
Brookfield Partners has offered to acquire the 66% of GGP it does not already own for about $15 billion. GGP likely hopes the unsolicited bid is the beginning of a bidding war.
OPEC Reports October Production Fell, Prices at Multiyear High
OPEC production fell by about 0.5% month over month in October according to the cartel's latest Monthly Oil Market Report. October production was essentially flat with 2016's daily average of 32.64 million barrels a…
Boeing Firms Up Another Order, Airbus Still at the Starting Line
Boeing on Monday finalized an order for 20 new 737-8s with a UAE-based leasing company. Airbus has not yet taken a single order for new planes, but a decision on a revamped A380 for…
GE Dividend Slashed, Now What?
GE announced a 50% cut to its dividend early Monday morning, ahead of a presentation by CEO John Flannery that is expected to set a new direction for the 125 year-old firm.
IPO News This Week: Another Week With 10 More Firms Seeking Entry Into the Capital Markets
10 more companies are looking to enter the capital markets through an IPO this week. Combined the 10 companies are looking to raise about $1.9 billion.
12 Tips on Things to Do Before Listing Your House For Sale
Here are a dozen tips from real estate pros on things you can do to help sell your home faster and for the best possible price.
Boeing Adds $17 Billion in New Orders at Dubai Air Show; Airbus, $0
At the Dubai Air Show, Boeing announced a commitment from Middle Eastern airlines Emirates for 40 787-10s in a deal worth a total of $15.1 billion. Rival Airbus has not left the gate yet.
10 US Cities With Skyrocketing Home Values
Cities where home prices are the highest are not necessarily the cities where home prices are appreciating fastest. Here are 10 U.S. metro areas where home values are rising fastest.
Alibaba 2-Hour Sales Total Nearly Matches JC Penney’s Full-Year Revenue
Alibaba's Singles Day sell-a-thon kicked off at midnight Saturday morning and sold more than $1 billion in merchandise in the first two minutes. Things only got bigger after that.
Boeing Still the Best Dow Stock, but Apple Is Closing the Gap
Boeing stock dipped slightly last week but remains the best performing DJIA index stock for the year to date. With the Dubai Air Show beginning tomorrow, the company is cautiously optimistic about getting more…
General Electric Remains DJIA’s Worst Performing Stock for 17th Straight Week
Shares of GE regained a little ground last week, but it remains mired in its place as the worst performing stock on the DJIA index. Can CEO John Flannery's Monday presentation begin a turnaround?
Pandora, AES Corp. Dip into Friday’s 52-Week Low Club
AES Corp., Pandora, Real Industry, and Johnson Controls all posted new 52-week lows on Friday.
Intel, Merck Sink DJIA on Friday
Intel, Merck, McDonald's, and Exxon Mobil weighed on the DJIA Friday.
US Oil Rig Count Jumps by 9, Price Up More Than 2% for the Week
The U.S. land-based oil rig count rose by nine this week after steady declines. Oklahoma saw six rigs added in the state and New Mexico added four to its portion of the Permian basin.
How Digital Is Conquering Broadcast
More Americans are watching their favorite TV shows online than on a traditional TV. That's a big jump year over year.
Has the Trump Administration Killed Vehicle-to-Vehicle Communications Plan?
A proposed rule that requires light vehicles be equipped with vehicle-to-vehicle communications technology has been languishing since the Trump administration took office.
Why General Electric’s Strategy Must Be About More Than the Dividend
At next Monday's investor day, GE CEO John Flannery will present his vision and strategy going forward. It's not too much to say that a lot is riding on what he says.
Why Investors Are Loving JC Penney Q3 Earnings
J.C. Penney posted a larger-than-expected increase in same-store sales, and CEO Marvin Ellison declared that the short-term pain in the quarter will result in long-term gain.