Are Lower Food Prices Coming?
ThinkstockCommodity prices for corn, wheat and soybeans have tumbled in the past three months and could fall even further as plenty of rain and warm — but not too warm — temperatures have boosted…
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Paul Ausick
Tesla Trademark Dispute Threatens China Expansion
Electric car maker Tesla Motors has been sued in China for trademark infringement in a move that could at least delay the car company's expansion in the Chinese market.
States With the Highest Foreclosure Rates in May
ThinkstockIn the month of May, 47,000 U.S. home foreclosures were completed, up 3.8% month over month but down 9.4% from 52,000 in May 2013, according to research firm CoreLogic. While an improvement, the number…
Small Business Optimism Slips on Expectations of Weak Economy
ThinkstockThe National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for June fell 1.6 points from 96.6 in April to 95.0. The June reading breaks a string of…
American Apparel Gives Control to Hedge Fund
The board of directors of American Apparel has reached an agreement with hedge fund Standard General under which control of the company passes to the hedge fund.
The 4 Stocks That Sank the Market
thinkstockJuly 7, 2014: Markets opened mixed on Monday following the Independence Day holiday weekend. The S&P 500 and the DJIA never rose above the break-even line and the Nasdaq Composite joined the downturn by…
Delta Air Lines Sinks on Cuts to Venezuelan Service
courtesy of Delta Air LinesDelta Air Lines (NYSE: DAL) said on Monday that it is cutting service to Venezuela from one flight per day between Atlanta and Caracas to one flight per week. American…
Airbus Sells 123 Helicopters to China
Airbus Group NVAircraft maker Airbus’s helicopter division announced on Monday that it had sold 123 general aviation helicopters to three Chinese customers. The orders from Fujian, Guangdong and Yunnan provinces include mainly light single-engine…
BlackBerry Stock Sneaking Up on a New 52-Week High
BlackBerry shares traded up on higher-than-usual volume Monday morning following a weekend report that the smartphone maker is about to launch a health care software service in India.
GT Advanced Technologies’ Stock Hammered on Downgrade
Shares of GT Advanced Technologies posted an all-time high of $20.54 just last Wednesday, but the stock was pummeled Monday morning following a analyst's downgrade.
Google Chief Sees End to Individual Car Ownership
It is no secret that Google is working on a driverless car. And according to co-founder Sergey Brin, such a car could transform the world's transportation system.
Does ADM Acquisition Precede a Move Offshore?
Agricultural products giant Archer Daniels Midland announced Monday morning that it will acquire Switzerland-based WILD Flavors for about $3 billion in cash and about $136 million in debt.
Is Apple’s iWatch Going to Be Swiss Made?
Paris-listed luxury goods maker LVMH said on Friday that Patrick Pruniaux, vice-president of sales for its TAG Heuer watch division, has left the company to take a job at Apple.
Could Daimler’s Self-Driving Truck Improve Highway Safety?
Daimler AGAt an event in Magdeburg, Germany, last week, Daimler showed off its fully functioning, self-driving truck operating at real-world speeds on a section of the country’s famous autobahn. Daimler claims the truck could…
NQ Mobile Stock Moving Toward Zero
NQ Mobile shares collapsed again last Thursday, falling more than 32% on word that the chairperson of the company's audit committee has stepped down.
Airbus, Boeing Wait for the Other to Make First Move on New Jets
Airbus Group NVThe Airbus Group has still not decided whether it will introduce its proposed A330neo passenger jet at the Farnborough International Airshow set to take place later this month. This could be a…
IPOs Coming the Week of July 7
ThinkstockA week following a holiday usually attracts few initial public offerings (IPO), and the coming week is no different. There is one new offering on the schedule, one revised offering and a potential third…
BlackBerry Sells German R&D Assets to VW
Last Thursday, smartphone maker BlackBerry announced that it has agreed to sell an R&D facility in Germany to Volkswagen for an undisclosed sum.
Mercedes-Benz Sales at All-Time High
Daimler AGFor the first six months of 2014, Mercedes-Benz reports that it has sold 783,520 vehicles, up 12.8% over sales in the first half of last year and the best six-month sales period in…
Holiday Weekend Movie Box Office Could Be Another Win for the Transformers
Warner Bros./Time Warner Inc.Heavily anticipated movies are not on tap for the coming, long Fourth of July holiday weekend. Moviegoers are presumably busy barbecuing and shooting off fireworks on Friday, and after last weekend,…