What GM Gains From Leaving India
GM announced this morning that it will end vehicle sales in India and direct its attention to markets in China, North America, and South America where it believes it can win.
All Work
Paul Ausick
Marijuana Sales to Reach Up to $6 Billion This Year
Legal retail marijuana sales could top $6 billion in 2017 and rise to as much as $17 billion by 2021 according to the 2017 Marijuana Business Factbook released Thursday.
What’s Good in Wal-Mart Q1 Earnings
Mega-retailer Wal-Mart Stores reported first-quarter earnings that beat estimates. Revenues were a little soft, but e-commerce sales rose sharply.
Why Alibaba Earnings Seem Weak
China's e-commerce giant, Alibaba, reported fourth-quarter results that missed on earnings. Sales rose sharply, but so did expenses.
General Electric, Verizon Plummet into Wednesday’s 52-Week Low Club
General Electric, Verizon, Rite Aid, and American Eagle Outfitters posted new 52-week lows Wednesday.
Goldman Sachs, Apple Sink DJIA on Wednesday
Goldman Sachs, Apple, JP Morgan Chase, and Dupont plowed the downward path for the DJIA on Wednesday.
How a Single Self-Driving Car Ends a Traffic Jam
Self-driving cars could play a big role in cutting the effects of those phantom traffic jams that seem to have no cause yet also seem to last way too long.
Are Millennials More Responsible Than Their Parents?
At what age should people be living on their own, making their own rent payments, car payments, and cell phone payments? The generational responses to a recent survey may surprise you.
IBM Responds to Petition by Suspending Support for Blood Center
IBM has agreed to cut its ties with the New York Blood Center after receiving a petition with 164,000 signatures complaining about the blood center's treatment of research animals.
Crude Oil Prices Rise on Falling Inventories
Crude oil fell by 1.8 million barrels last week according to the U.S. Energy Information Administration. Crude prices rose on the news.
Boeing Delivers First 737-8, Updates KC-46A Status, Says Will Build Training Jets in St. Louis
Boeing had a busy day Tuesday. The company announced that it delivered its first 737 MAX 8, that it will build its T-X trainer in St. Louis if it wins the contract, and that…
A Third of Food in US Is Never Eaten
Between 30% and 40% of all U.S. food is not eaten and instead is thrown out. The estimated cost of this wasted food amounts to more than 1% of U.S. GDP. Several states and…
Why Target Earnings Are Boosting Investors’ Animal Spirits
Big-box retailer Target beat estimates for both earnings and revenues in the first quarter. Investors liked what they heard and are pushing the stock higher Wednesday morning.
Mortgage Loan Rates Change Little, Applications Drop 4%
Mortgage loan applications dipped last week and mortgage loan rates changed only slightly, if at all. Loan rates are lower this week as bond yields have dropped.
Ford, Rite Aid Dip into Tuesday’s 52-Week Low Club
Ford, Macy's, Rite Aid, and Pandora Media all posted new 52-week lows Tuesday.
UnitedHealth, Nike Weigh on DJIA Tuesday
UnitedHealth, Nike, Pfizer, and Wal-Mart led the DJIA to a modest decline Tuesday.
Is Apple’s iPad Mini Finished?
A report at BGR cited a source who said that Apple may soon announce that the iPad mini will no longer be manufactured and sold.
Q1 2017 Was Not Kind to Mobile Carriers
A new report on the first-quarter U.S. mobile market points out a slowdown in carrier revenue growth as unlimited data plans are now available from all four major U.S. carriers.
Amazon Taking Preorders for Built-In Fire TV
Amazon has added four new Fire TVs to its online store. The TVs include the capabilities of the Fire TV set-top box along with Alexa voice-control.
BMW China Sales Soar 39%, Passes Mercedes, Buries Cadillac and Lincoln
BMW outsold Mercedes-Benz in China during the month of April to grab the top spot in sales of luxury cars in the Middle Kingdom. Ford's Lincoln and GM's Cadillac trail badly.