Ford August Sales Sink 8%, Better Outcome Than Expected
Ford has reported an overall U.S. sales decrease of more than 8% year-over-year in August. Sales of F Series pickups fell around 6%. The good news for Ford is that the bad news was…
All Work
Paul Ausick
Baidu Will Test Self-Driving Car in California
Baidu announced Thursday that it has received authorization from the state of California to test a self-driving vehicle on the state's roads.
How Boeing Wins From Contract Between Southwest and Its Pilots
Southwest Airlines and its pilots' union have reached an agreement in principle on a new contract. Among the many issues in dispute was the incorporation of new Boeing planes into Southwest's fleet.
Joy Global Earnings Take Back Seat to Pending Merger
Joy Global reported disappointing third-quarter fiscal 2016 results before markets opened Thursday morning.
Where’s Mine?
The U.S. Securities and Exchange Commission (SEC) on Wednesday said that 33 whistleblowers have received payments exceeding $100 million since the program’s inception. The SEC also reported that it has extracted more than $500…
Gilead Sciences, G-III Top Wednesday’s 52-Week Low Club
August 31, 2016: Here are four stocks trading with relatively heavy volume among 27 equities making new 52-week lows in Wednesday’s session. NYSE decliners led advancers by 3 to 2 and Nasdaq decliners led…
Chevron, Boeing Tank the DJIA on Wednesday
August 31, 2016: Markets opened lower Wednesday even though the ADP employment report was better than expected. Every sector started the day’s trading in the red and all 10 are on track to finish…
Why Twitter Could Be an M&A Target
Shares of Twitter traded up sharply Wednesday afternoon following comments by the company co-founder that seemed to encourage the idea that Twitter might be for sale.
Square Footage of Your Home: When Close Is Not Good Enough
It may be stating the obvious, but accurately measuring the size of a house is not as trivial as it may sound. If the appraiser's measurements don't match the ones you have, guess whose…
First Solar Takes Key Analyst Downgrade
Shares of First Solar traded lower Wednesday morning following a downgrade from analysts at Argus.
Crude Price Slumps 2% Following Large Supply Increase
U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
Europe’s Banks Need to Merge, Get Bigger
Deutsche Bank's CEO said Wednesday morning that more mergers, including cross-border mergers, are needed to keep the banking sector afloat.
Labor Day Holiday May Be a Good Time to Shop for a Car
Labor Day weekend has traditionally been one of the busiest times of the year for car dealers. New models typically arrive from the carmakers in early fall and dealers want to clear out current…
G-III, Noble Corp. in Tuesday’s 52-Week Low Club
August 30, 2016: Here are four stocks trading with relatively heavy volume among 19 equities making new 52-week lows in Tuesday’s session. NYSE decliners led advancers by just 3 percentage points and Nasdaq advancers…
Boeing, Apple Sink DJIA Tuesday
August 30, 2016: Markets opened slightly higher Tuesday but equities dipped below the break-even line early and stayed there the rest of the day. The only sector trading higher late in the day was…
60,000 New Orleans Homes Valued at $12 Billion Moved Out of High-Risk Flood Zone
The costliest and deadliest hurricane since 1928 to hit the United States was named Katrina and it tore through New Orleans on August 29, 2005, leaving in its wake 1,833 dead and an estimated…
How Much Does a Boeing 787 Cost? The Same as Last Year
Boeing has been announcing price increases in July for the past few years, but for the first time in since the financial crisis, the aircraft maker will not raise prices on its commercial jets.
10 Housing Markets Recovering Most — Are They Bubbles?
Among the top performing metropolitan areas, home prices are around 50% above their 2006 peaks, while among struggling metro areas, home prices remain nearly 45% below their peaks at the same time.
10 Housing Markets Recovering the Least
The hardest hit cities include those where the home price bubble inflated the most in the years leading up to the collapse, but all have recovered some of the lost home value.
Apple’s European Tax Headache
Contrary to CEO Tim Cook's assertion to a U.S. congressional committee in 2013 that Apple pays "all the taxes we owe, every single penny," the European Commission alleges the company has underpaid.