Internet to Remain Free from Taxation
The U.S. Senate has passed a permanent Internet Tax Freedom Act as part of a larger customs bill.
All Work
Paul Ausick
Crude Oil Rises on Wishful Thinking
It looks like the crude oil market is getting set to once again tempt investors and traders with higher prices, only to pull the football away at the last instant.
Lockheed Changes Course on New Air Force Training Jet
Lockheed Martin and its partner, Korean Aerospace, have been considering a clean-sheet design for a new U.S. Air Force training jet, the T-X.
Why Pandora Is Getting Slammed After Earnings
Pandora Media Inc. (NYSE: P) reported fourth-quarter and full-year 2015 results after markets closed Thursday. For the quarter, the Internet radio company posted adjusted diluted earnings per share (EPS) of $0.04 on revenues of…
The 52-Week Low Club for Thursday
February 11, 2016: Here are four stocks trading with heavy volume among 769 equities making new 52-week lows today. Bank of America Corp. (NYSE: BAC ) dropped about 8.3% on Thursday to post a…
The 4 Stocks That Tanked the DJIA on Thursday
February 11, 2016: Markets opened lower on Thursday as investors appear to have lost their appetite for equities, preferring instead to gorge on government bonds. Demand for U.K. gilts, German bunds, and U.S. t0-year…
SEC Said to Question Boeing Accounting Method, Shares Dive 10%
Shares of Boeing ran into a stiff headwind Thursday morning following a report from Bloomberg that the U.S. Securities and Exchange Commission (SEC) is investigating a whistleblower complaint
2016 Data Breaches Expose 1.4 Million Records
The Identity Theft Resource Center reports that there has been a total of 69 data breaches recorded through February 9, and that more than 1.4 million records have been exposed since the beginning of…
Oil Patch Bankruptcies Soar in 2015
So far in 2016, sixoil and gas exploration and production companies have filed for bankruptcy protection.
2 Biotechs Get Burned in IPOs
AveXis and Proteostasis Therapeutics priced their IPOs on Wednesday and shares began trading Thursday morning.
Natural Gas Price Slips on Soft Demand
The EIA reported Thursday morning that U.S. natural gas stocks decreased less than expected for the week ending February 5.
What to Look for in Pandora Earnings
Pandora Media is scheduled to report fourth-quarter and full-year results after markets close Thursday.
New Bomber Safe in Obama Administration’s 2017 Budget
One item in the defense budget generated something of a stir following the budget announcement.
Amazon Offers Promotional Prices on Tablets, Kindle Readers
To help boost revenues going forward, Amazon has put a limited-time offer on many of its own branded devices.
Peabody Losses Piled Higher, More Losses Foreseen
Peabody Energy reported disappointing fourth-quarter and full-year 2015 results before markets opened Thursday morning.
The 52-Week Low Club for Wednesday
February 10, 2016: Here are four stocks trading with heavy volume among 237 equities making new 52-week lows today. SolarCity Corp. (NASDAQ: SCTY ) dropped about 31% on Wednesday to post a new 52-week…
The 4 Stocks That Sank the Dow on Wednesday
February 10, 2016: Markets opened higher on Wednesday after Fed chair Janet Yellen released her prepared testimony for today’s appearance before Congress. She cited tighter global financial conditions, ut reaffirmed that the Fed would…
Who Won Super Bowl 50? Beyoncé
Last Sunday’s Super Bowl was the most watched ever on mobile devices. In fact it was the most-watched-on-mobile football game ever. But the star of the show was singer Beyoncé, who by one measure…
US to Be Self-Sufficient by 2019 as Crude Oil Production Rises
U.S. oil production for 2015 from shale formations is expected to reach 5.2 million barrels of oil equivalent per day.
Time Warner Opens at 3-Year Low After Spurning Murdoch Offer
In June of 2014, Rupert Murdoch's Twenty-First Century Fox made an unsolicited attempt to acquire Time Warner for $85 a share in cash, amounting to $75 billion. Time Warner rejected the offer as too…