LA Minimum Wage Could Be Among Highest in U.S.
ThinkstockLos Angeles could become the third California city to take action on a proposal to raise its minimum wage. The city’s mayor, Eric Garcetti, is expected to announce a plan on Labor Day to…
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Paul Ausick
Netflix Asks FCC to Reject Comcast-Time Warner Merger
Netflix submitted a document of more than 250 pages urging the FCC to reject the proposed merger between Comcast and Time Warner Cable.
Cities With the Most (and Least) Underwater Mortgages
About one in six U.S. homeowners still has an underwater mortgage, for a total of 8.7 million at the end of the second quarter of 2014.
Why Boeing Is Battling Conservatives, Airlines Over Export-Import Bank
Courtesy Boeing Co.When the monthly report on durable goods orders came out on Tuesday, virtually everyone was surprised at the 22.6% improvement. However, when transportation is backed out of the equation, orders actually fell…
Price Reaction Muted on Crude Oil Inventory Decline
The U.S. Energy Information Administration released its most recent weekly petroleum status report on Wednesday morning.
Short Sellers Still Attacking 3D Printing Stocks
Short interest rose yet again in the two-week period ending August 15 for three of four of the 3D printing companies we follow.
Short Interest in Solar Stocks on the Rise Again
In three of the five solar stocks we track, short interest rose during the two-week period to August 15.
Seadrill Sinking on Weak Outlook
Offshore drilling company SeaDrill posted better-than-expected second-quarter 2014 earnings before markets opened on Wednesday.
Tiffany Earnings Glitter, but Outlook Dull
Tiffany & Co. reported better-than-expected second-quarter 2014 results before markets opened Wednesday morning.
Mortgage Loan Rates Mostly Lower as Applications Rise
The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning.
The 52-Week Low Club for Tuesday
ThinkstockAugust 26, 2014: Among the 23 stocks making new 52-week lows today were the following four firms: Ampio Pharmaceuticals Inc. (NYSEMKT: AMPE) dropped nearly 5%% on Tuesday to post a new 52-week low of…
The 4 Stocks That Pushed the DJIA and S&P 500 to New Highs
thinkstockAugust 26, 2014: Markets opened higher on Tuesday following a huge jump in durable goods orders, a better-than-expected report on consumer confidence, and a slowdown in home price increases. The DJIA hit a new…
Dodge Heavy Duty Ram Pickup Claims Victory in Specs Battle
Chrysler Group LLCAt the start of the new car season, Chrysler Group LLC on Monday introduced its latest versions of the Ram 2500 and Ram 3500 Heavy Duty pickup trucks, claiming superior torque rating,…
The Risks to Travel Sites: Providers No Longer Allow Price Comparisons
American Airlines has announced that it will immediately withdraw all its fares from the websites powered by Orbitz Worldwide
Companies That Have Cut Their U.S. Tax Bills the Most
These companies have cut their effective tax rates the most and boosted their net income at the same time.
Mercedes Ranks Number 1 in Customer Satisfaction
Mercedes tops American Customer Satisfaction Index for the second year in a row.
Las Vegas Home Prices Surge 15%
The only U.S. city to post a year-over-year home price increase of more than 15% in June was Las Vegas.
Trina Solar Revenues, Margins Shrink on U.S. Tariff
Chinese solar PV maker Trina Solar posted second-quarter 2014 results before markets opened on Tuesday morning.
How Warren Buffett Is Helping Burger King and Tim Horton Merger
Warren Buffett may be about to stir up a firestorm of negative comments for his contribution to Burger King's scamper across the border.
Best Buy Turnaround Woes Continue
Best Buy reported better-than-expected second-quarter fiscal 2015 earnings before markets opened Thursday morning.