Bank of America Earnings Overcome Energy Sector Woes
Bank of America reported fourth-quarter and full-year 2015 results before markets opened Tuesday morning.
All Work
Paul Ausick
British Airways May Lease More Airbus, Boeing Jets
The CEO of International Airlines Group said that the company is looking to lease six used Airbus A380 superjumbo jets to add to the 10 that IAG's British Airways already flies.
OPEC Raises 2016 Oil Demand Estimate, Forecasts More Balanced Market
In its Monthly Oil Market Report for December, released Monday morning, the Organization of the Petroleum Exporting Countries (OPEC) noted that the cartel’s price for its reference basket fell 17% in December and that…
Best Buy Launches Appliance Sale
If you didn’t but a new refrigerator or range in December, you missed the best month of the year to make that purchase according to a report from Consumers Union, publishers of Consumer Reports…
Marijuana Weekly News Roundup
Terra Tech Corp., a vertically integrated cannabis-focused agriculture company, said last Tuesday that it has signed a definitive merger agreement with medical marijuana dispensary Blum Oakland to acquire 100% of the dispensary’s shares. Terra…
Elevate IPO Set to Launch This Week
The first scheduled initial public offering (IPO) did not make it out the door last week, and the company is expected to try again this week. A second IPO is also on the calendar,…
With Iran Sanctions Gone, Airbus Expects Huge Order
Now that the International Atomic Energy Agency (IAEA) has confirmed that Iran has completed the “preparatory steps” that lead to the lifting of economic sanctions against the country, there are likely to be some…
Amazon Favorites For 2015 Promote 2016 Sales
Online retail giant Amazon.com Inc. (NASDAQ: AMZN) has named its best products of the year for 2015 in 29 categories and the company is promoting them as top picks for the new year. Categories…
Frontier Posts Worst Airline On-Time Performance
The Bureau of Transportation Statistics released its report on November 2015 consumer air travel on Friday, and the two worst airlines for on-time arrivals were both ultra-low-cost carriers.
Oil Rig Count Dips, Hedge Funds Add More Short Contracts
In the week ended January 15, the number of rigs drilling for oil in the United States totaled 515, according to the Baker Hughes North American Rotary Rig Count.
Marijuana Price Slips 1% to $2,020
For the week ended Friday, January 15, the spot price index for a pound of cannabis decreased by about 1% to $2,020.
Best Buy Laptop Sale Ends Saturday
Best Buy shares saw a two-day plunge to the new low, but the retailer hasn't given up on promotions and has a sale that ends Saturday on several laptops.
The 52-Week Low Club for Friday
January 15, 2016: Here are four stocks trading with heavy volume among 1,111 equities making new 52-week lows today. Bank of America Corp. (NYSE: BAC) dropped about 5.7% on Friday to post a new…
The 4 Stocks That Sank the DJIA on Friday
January 15, 2016: Markets opened lower on Friday and never for a moment even threatened the break-even line. Both retail sales and the Empire State manufacturing survey posted weak results this morning, and mixed…
Sprint to Save $1 Billion by Moving Cell Towers
Sprint is expected to slice $1 billion from its expenses by moving its leased tower space from private property owners to locations on government-owned properties where rents are cheaper.
Fast-Food Workers to Press Presidential Candidates for $15 Wage
Demonstrations and job actions have been taking place around the United States for more than three years now as fast-food workers and other low-paid workers seek to raise the minimum wage to $15 an…
Best Buy Promotes Laptops Following Thursday Beatdown
Best Buy said that domestic sales revenues and same-store sales fell in the holiday shopping season. That does not mean that Best Buy is going to rein in its promotions.
Wal-Mart Store Closures to Cost 10,000 US Jobs
An experiment that has lasted more than four years ended with a whimper Friday morning with an announcement that Wal-Mart will close more than 200 stores.
NASA Awards Cargo Contracts for International Space Station
As promised last October, the National Aeronautics and Space Administration (NASA) on Thursday awarded resupply contracts for the International Space Station.
Citigroup Earnings Soar as Legal Costs Plunge
Citigroup reported fourth-quarter and full-year 2015 results before markets opened Friday.