Apple Still DJIA’s Best Performing Stock of 2017
Apple shares gained less than 1% last week, but that was still enough to keep the company as the year's best performer among the 30 stocks in the Dow Jones Industrial Average.
All Work
Paul Ausick
Marijuana News Roundup: Attorney General Sessions’ Mixed Message on Pot
Attorney General Sessions' comments last week add up this: enforcing federal law related to marijuana is less important to President Trump than spending $10 billion to start building a wall on U.S.-Mexico border.
Cities Where Home Prices Are Up Over 20%
Housing prices rose by more than 20% in two U.S. cities in February and the median price for a home rose to nearly $261,000 last month.
5 Real Estate Tax Tips From the One-Percenters That Could Help You
Build your wealth and reduce your taxes with these five little-known ways minimize real estate taxes.
Oil Rig Count Rises by 14, Hedge Funds Pile Into Short Positions
The number of rigs drilling for oil rose by 14 last week even as crude prices remained depressed. Hedge funds made a big move back into short positions after several weeks of building up…
Marijuana Price Jumps 5% to $1,655 a Pound
The wholesale spot index price of marijuana rose about 5% last week to $1,655 a pound, and the average price per gram rose to $3.96.
BRF, Rubicon Project Dip into Friday’s 52-Week Low Club
BRF, BioAmber, Rubicon Project, and Nordic American Offshore all posted new 52-week lows Friday.
McDonald’s, Boeing Prop up DJIA on Friday
McDonald's, United Technologies, Boeing, and 3M keep the DJIA near the break-even line for Friday's trading session.
58% of Millennials, Nearly Half of All Student Borrowers Have Missed a Payment
44 million Americans have amassed $1.4 trillion in student loan debt, and nearly half of all borrowers have missed a payment. Among millennials, 58% have missed a payment.
Legalizing Marijuana in All 50 States Could Cut 7% of Beer Sales
If marijuana were legal in all 50 states, beer sales could fall by more than 7%. Even worse for the brewing industry, more than a quarter of beer drinkers have or would switch to…
Chipotle Board to Lose 4 More Directors
Struggling restaurant chain, Chipotle Mexican Grill, said this morning that four of its current board of directors will not seek another term at the shareholder meeting scheduled for May.
Apple Supports 4.8 Million Jobs in China, More Than Double US Total
Apple claims it has created and supported some 4.8 million jobs in China. That's more than twice as many as it takes credit for creating and supporting in the United States.
Guess, Anthera Pharmaceuticals Dive into Thursday’s 52-Week Low Club
Guess, Anthera Pharmaceuticals, Walter Investment Managemen, and Rentech all posted new 52-week lows Thursday.
DuPont, Chevron Take DJIA Down Thursday
DuPont, Chevron, Merck, and Pfizer sink the DJIA on Thursday.
Lexus, Buick Rank Best in Dealer Service Satisfaction
J.D. Power has released its 2017 rankings for dealer service quality based on 70,000 responses from vehicle owners.
Amazon Owns a Third of Global Cloud Market
Amazon's AWS cloud computing services dominate a market that grew by 25% last year and by wide margins in some sectors of the public cloud market.
Natural Gas Price Dips on Smaller-Than-Expected Storage Draw
U.S. natural gas stockpiles dropped by 53 billion cubic feet last week, slightly less than analysts had expected. Stockpiles are lower than last year at this time but remain above the five-year average.
Tesla Defies Gravity With More Capital Being Raised
When most companies announce a secondary offering of stock along with convertible senior notes, the share price drops. Tesla is not most companies.
Google’s Pixel Phone Plans Sound Fishy
Google is reportedly working on three new devices for its next generation Pixel phones. All three are just rumors at the moment, and all three are codenamed after freshwater fish.
Wal-Mart Investing Heavily in Online Women’s Retail
Jet.com, a Wal-Mart subsidiary, has acquired women's fashion retailer ModCloth for an undisclosed sum. ModCloth, which has been struggling recently, has been in business since 2002.