The 4 Stocks That Sank the Market
thinkstockJune 10, 2014: Markets opened lower on Tuesday and were never able to bust out to the positive side. It appears as though the profit-taking we saw in the afternoon yesterday carried over for…
All Work
Paul Ausick
EIA Predicts Higher Gas and Crude Oil Prices
ThinkstockThe latest forecast from the U.S. Energy Information Administration calls for the average price of a gallon of gasoline to slip from a peak of $3.67 in May to $3.54 a gallon in September. For…
Fox Is Most Trusted TV News
ThinkstockIn a new survey of more than 1,500 U.S. adults, Fox News was the most trusted television news source “to provide accurate information about politics and current events.” The news channel, part of Twenty-First…
BMW Global Sales Set May Records
BMW GroupBMW Group reported global sales for May on Tuesday. The company’s total sales in the month were up 6.8% year-over-year, and year-to-date sales are up 17.7%. Both are records for the Germany-based automaker.…
Ten Cities With Highest Foreclosure Rates
ThinkstockForeclosure filings in the United States dropped 5% in May, compared with April, and 26% compared with May 2013, according to data released Tuesday by RealtyTrac. Florida, Maryland and Nevada continued in May to…
Is RadioShack Headed Toward Chapter 11?
RadioShack reported first-quarter fiscal 2015 results before markets opened Tuesday that missed on both the top and bottom lines. The electronics retailer blamed competition for the fall in profits.
Small Business Optimism Climbs to Another Post-Recession High
ThinkstockThe National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for May rose 1.4 points from 95.2 in April to come in at 96.6. The May reading is…
PlayStation Now, PlayStation TV Debut at E3
The Electronic Entertainment Expo, aka E3, officially opens Tuesday, but the big players in the world of video games have the honor of announcing their new lineups early.
The 4 Stocks That Buttressed the Market
thinkstockJune 9, 2014: Markets opened mixed on Monday before turning positive shortly after the opening. The S&P 500 and the DJIA dipped briefly into the red on some profit-taking in the mid-afternoon, but equities…
Sony Hammers Rival Nintendo as E3 Begins
For the first time in eight years, Sony has nabbed the lead in video game console sales from rival Nintendo. Sony sold 18.7 million game consoles in its most recent fiscal year.
Why a Boeing 737 Costs up to $110 Million
The FAA last Friday ordered Boeing to modify the technology included on its current models of the 737 single-aisle, narrow-body passenger jet that has been the company's bread-and-butter product since going into service in…
Cybercrime Costs Hit $445 Billion
ThinkstockThe nominal global cost of cybercrime may be reasonably estimated at $445 billion, but the overall cost could be much greater. In the United States, for example, the impact of cybercrime on the people…
What Microsoft Is Bringing to the E3 Show
The Electronic Entertainment Expo (E3) kicks off Tuesday in Los Angeles, and the first big deal of the week is the Microsoft news conference scheduled for 12:30 p.m. ET on Monday.
Tyson Wins Hillshire for $8.55 Billion
The bidding was fast and furious, and from the point of view of Hillshire Brands, very satisfying. Tyson Foods announced Monday morning that it has submitted a "unilaterally binding offer" to acquire all the…
Earnings Previews: RadioShack, Ulta Salon, Lululemon
As the current earnings season grinds to a close, there are still a handful of earnings reports due that attract significant investor attention. There are at least three this week.
The Most Reliable Hybrid Electric Cars
Honda Motor Co. Ltd.The market for used cars is hot right now. How hot? New car sales in the United States last month totaled 15.6 million units, compared with nearly 42 million used car…
Boeing 2014 Orders Nearly Double Airbus
In the battle between Airbus and Boeing for dominance in the commercial aircraft space, every skirmish matters. Not only is Boeing taking more orders than Airbus, it is delivering more planes.
Icahn Takes Stake in Family Dollar
ThinkstockActivist investor Carl Icahn filed documents with the Security and Exchange Commission (SEC) late Friday announcing that he had acquired a 9.4% stake in Family Dollar Stores Inc. (NYSE: FDO) through Icahn Enterprises L.P.…
Apple May Build 5 Million Smartwatches a Month
Courtesy of Apple Inc.Now that Apple Inc. (NASDAQ: AAPL) has announced its HealthKit heart and health monitoring software and upgraded iOS operating system that will include capabilities for a wearable device, all the company…
Dow Up 200 Points This Week
The Dow Jones Industrial Average gained more than 200 points this past week and set a new all-time high of 16,924.30 on Friday before closing at 16,924.28. This is a good time to look…