Jeep Sales Drop 11% in June, FCA Sales Dip 7% Overall
Fiat Chrysler June sales fall 7% as Jeep brand dipped 11% and Chrysler dropped 15%. Ram pickups helped save the day, along with other trucks under the Ram brand.
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Paul Ausick
GM June Sales Down Nearly 5% on Soft Pickup Total
General Motors' June sales slipped nearly 5% as sales of pickups declined. Passenger car sales were also lower and Cadillac brand sales fell nearly 12%.
Ford June Sales Down 5%, Better Than Feared
Ford's June sales fell about 5% year over year. That was a better-than-expected performance, but the company's passenger car sales plunged more than 20%.
Why California Is Giving Away Electricity
On several days last winter, the state of California had to give away electricity because the state's generation capacity exceeded residents' demand. In some cases, California paid neighboring Arizona to take the power.
Bankrate Acquired by Red Ventures in $1.4 Billion Deal
Consumer financial website Bankrate has agreed to an acquisition by South Carolina-based Red Ventures. The all-cash deal is valued at $1.4 billion.
7 Tips for Keeping Cool This Summer — Without Spending a Fortune
Summer temperatures across most of the Lower 48 states are expected to be higher than normal this year. Here are some things you can do to keep your home's cooling costs down.
IPOs This Week: A Single Offering on Tap After 8 IPOs Last Week
Just one IPO is scheduled for the holiday-shortened week ahead following a week that saw 8 IPOs hit the public market, including unicorn Blue Apron.
Target Shuffles Brand Deck Hoping for More Customers
Target announced on Saturday that the company would be reshuffling the deck on its own brands, adding some new ones and allowing others to fade away.
Faulty Brakes Force Volkswagen Recall of 385,000 German Cars
German authorities have ordered a recall of 385,000 Volkswagen, Audi and Skoda cars to fix a software problem with the cars' braking systems that could cause the brakes to function improperly in some conditions.
Marijuana News Roundup: Nevada Kicks Off Recreational Sales
The week's top story was the Saturday start of legal sales of marijuana for recreational use in Nevada. Among other top stories, Massachusetts legislators are still wrangling over the rules for legal pot sales…
Do the Youngest Millennials Prefer YouTube or Spotify?
YouTube is the most popular streaming music app in the world, but Spotify is pushing the long-time leader among one important segment of the population.
6 Surprising Things a Home Inspector Won’t Check
While a typical home inspection is always recommended when buying a new home, don't expect the inspector to look for every potential issue. Here are six items that don't get the attention they might…
The 7 Dow Stocks That Fell in the First Half of 2017
Seven stocks in the Dow Jones Industrial Average index have posted share price losses in the first half of 2017. The losses range from about 7% to more than 16%. The Dow itself gained…
Marijuana Price Rises Nearly 4% to $1,635 a Pound
The wholesale spot price for a pound of cannabis rose more than 3% last week to $1,635. The wholesale spot price for a gram was $3.60. Wholesale futures prices were unchanged.
Rite Aid, Verizon Dip into Friday’s 52-Week Low Club
Rite Aid, Vipshop, Verizon, and Viacom posted new 52-week lows on Friday.
Nike, Caterpillar Lead DJIA Higher on Friday
Caterpillar, American Express, Intel, and United Technologies were among the leading gainers on the DJIA Friday.
Canada Tops Country Reputation Rankings; US Finishes 38th
Among 55 nations included in a ranking to find the world's most reputable countries, Canada finished at the top spot for the fourth time in the last six years.
What Trump’s New Energy Initiatives Actually Mean for the Industry
The White House capped its "Energy Week" with the announcement of six initiatives intended to make America "energy dominant." What does that mean?
Smith & Wesson Maker’s Outlook Shoots Down Stock
Shares of American Brands, maker of Smith & Wesson handguns, tumbled following the company's forecast for the current quarter and the 2018 fiscal year.
Texas Closer to Getting Its Gold Back
The state of Texas has contracted to build its own bullion depository as it seeks to return nearly $900 million in gold from its current home in New York. There are other hurdles to…