Los Angeles Sets $15.25 Target for City’s Minimum Wage
ThinkstockIn a measure introduced by the city’s mayor, the City Council of Los Angeles is now considering a proposal to raise the minimum wage in the city to $13.25 by 2017 and is also…
All Work
Paul Ausick
Walmart Cuts Health Benefits for Part-Timers
Walmart said on Tuesday that it would stop offering health insurance benefits to about 30,000 part-time U.S. employees.
The Sears Turnaround Even Worse Than J.C. Penney
In a report published Tuesday by Standard & Poor’s, the ratings agency compares the recovery plans of Sears and J.C. Penney.
Mercedes Sales Surge in China
September 2014 sales for Mercedes-Benz were the strongest ever for the month. Sales growth in China was the highest of any country.
Why Morgan Stanley Worries GM Will Fall Even Further
Morgan Stanley indicates that it believes that a lot of the bad things that Ford said in its recent profit warning also apply to the outlook for General Motors.
IMF Cuts Growth Forecast; US Carries the Developed World
If it weren’t for a projected increase in the outlook for U.S. economic growth, the IMF forecast for 2014 global growth would be even worse than its current forecast.
U.S. Home Price Increases Still Slowing
Home prices in the United States rose for the 30th consecutive month in August, but the increases have slowed sharply in the past three months.
Coffee Rises, but Starbucks Hedges
Coffee was trading at around $2.20 a pound Tuesday morning, its highest price in two and a half years.
Will Tesla Offer Used Cars?
If Tesla is serious about selling a lot of cars and becoming a real automaker, it has to offer more models and sell used versions.
The 52-Week Low Club for Monday
ThinkstockOctober 6, 2014: The following stocks are among the 139 equities making new 52-week lows today: RetailMeNot Inc. (NASDAQ: SALE) dropped about 3.6% Monday to a new 52-week low of $15.52. Share volume is about…
The 4 Stocks That Leveled the DJIA
thinkstockOctober 6, 2014: Markets opened higher on Monday but turned lower early in the day as the dollar headed for a lower close and oil closed above $90 a barrel after falling earlier in…
Did Subscription Internet Video Competition Just Get a Death Blow?
There’s been a lot of talk in recent weeks related to offering pay-TV packages that give customers more of what they want for less money.
Walmart Adds Health Insurance to Smorgasbord of New Offerings
It can be difficult keeping up with the new services that Walmart is offering in its U.S. stores.
How Brazil Election Runoff Helps Petrobras
President Dilma Rousseff of Brazil won the first round of voting Sunday in Brazil’s national elections.
RadioShack Long-Term Problems Kill Financing Optimism
A short-term fix to RadioShack's financing will not fix any of the long-time problems the company has.
Why Morgan Stanley Says Buy Burger King and Sell McDonald’s
An analyst at Morgan Stanley has kicked off the week with an upgrade for Burger King and a downgrade for McDonald’s.
Hewlett-Packard Split: This Time Is Different?
Hewlett-Packard has announced that it will separate into two new publicly traded companies: Hewlett-Packard Enterprise and HP Inc.
Chevron Takes a Partner in Canada Shale Play
A Chevron subsidiary has sold a 30% stake in its 330,000 net acres of the Duvernay shale play in Western Alberta.
Holiday Spending on Electronic Gear to Hit $33.8 Billion
Holiday spending on consumer electronics gear like smartphones, tablets and game controllers is expected to increase.
GM Adds Nearly 350,000 to 2014 U.S. Recall Total
General Motors has updated its 2014 recall count for the United States and North America.