Ford Dominates May Pickup Sales Totals
Ford sold more than 76,000 F-Series pickups in May, easily topping sales from GM and Fiat Chrysler. For the year to date, the F-Series has sold more than 350,000 units, up 8.5% compared with…
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Paul Ausick
Jeep Sales Slide 15% as Fiat Chrysler April Sales Dip 1%
Fiat Chrysler sales dropped 1% year over year in May. Ram pickups, the new Chrysler Pacifica minivan, and stronger Dodge brand sales were among the best performing vehicles last month.
Crude Oil Prices Jumps to $49 Following Inventory Report
The U.S. commercial crude inventory fell by more than 6 million barrels last week, according to the U.S. Energy Information Administration. Prices rose more than 1% following the report.
Natural Gas Price Dips on Larger-Than-Expected Inventory Rise
U.S. natural gas stockpiles rose by 81 billion cubic feet last week, a larger-than-expected increase in the country's inventory. Prices that had been slipping since last Friday continued their slide.
GM May Sales Dip, Inventory Swells
Total May sales at GM dropped more than 1%, but retail sales rose slightly. Both the Buick and Cadillac brands posted sales gains in the month, but pickup sales did not meet last year's…
Ford May Sales Rise on Demand for Pickups
May sales for Ford rose 2.2% year over year on the strength of a big boost in sales of the company's best-selling F-150 Series pickups.
15 Cities at Greatest Risk From 2017 Storm Surges
Hurricane season officially begins June 1 and the US Atlantic and Gulf Coasts could see an above-average number of destructive storms through the end of the season on November 30. CoreLogic has estimated the…
Deere to Pay $5 Billion for German Firm Wirtgen
Farm and construction equipment maker Deere has agreed to acquire Wirtgen Group, a German firm that is a top maker of road construction equipment, in a deal valued at $5.2 billion including debt.
2017 Data Breaches in 2017 Approach 700
Nearly 700 data breaches have been logged by the Identity Theft Resource Center in the first five months of 2017. At this pace, the total should easily surpass the record high of 1,100 set…
How Palo Alto Networks Beat Expectations
Palo Alto Networks handily beat analysts' expectations for revenues and earnings when it reported third fiscal quarter results Wednesday night. The fourth-quarter outlook is also strong and the stock got a nice boost in…
Southwestern Energy, Ensco Dip into Wednesday’s 52-Week Low Club
Ensco, Southwestern Energy, Transocean, and Noble Corp. all posted new 52-week lows Wednesday.
Goldman Sachs, JPMorgan Drag DJIA Down Wednesday
Goldman Sachs, JPMorgan Chase, Microsoft, and Apple led the DJIA lower on Wednesday
Boeing Substitutes Italian Firm for US Export-Import Bank
Boeing has reached an agreement with Italy's SACE to guarantee loans for new aircraft purchases from the US firm. The deal comes as the US Export-Import Bank has been effectively shut out of the…
Crude Prices Tumble Ahead of US Inventory Report
WTI crude for July delivery traded down more than 3.5% early Wednesday as traders remain skeptical that global supply-demand balance is in the cards even with the recently announced nine-month extension to the OPEC-led…
April Pending Home Sales Dipped More Than 1%
Pending home sales fell 1.3% in March, the second straight monthly decline. Low inventory and rising prices continue to dampen home sales.
Cybercrime Costs to Soar to $8 Trillion Over Next 5 Years
Global losses to cybercriminals will total $8 trillion in 2020 according to a new report from Juniper Research. The losses are expected to hit small and medium businesses hard.
Shareholders Seek Zuckerberg Replacement as Facebook Chairman
At Facebook's annual meeting Thursday, shareholders will be asked to vote on a proposal to require an independent chairman of the company's board. Chances that the proposal will pass are slim.
Apple’s Siri Leads in Answers That Are ‘Simply Wrong’
How accurate are personal assistants like Alexa and Siri? How often do the answer a question correctly? Recent research offers some insight.
Mortgage Loan Rates Moved Mostly Sideways Last Week as New Applications Declined
Mortgage rates either remained unchanged or dipped slightly last week according to the Mortgage Bankers Association. Applications for refinancing also dropped.
Can ESPN Stop the Bleeding of Subscribers?
ESPN continues to lose subscribers at a rapid pace according to the latest report from ratings firm Nielsen. Can a new way of tracking viewers help stem the losses?