All Work

Paul Ausick

Steelworkers Union Opposes U.S. Crude Oil Exports

As the argument heats up on whether the United States should revoke its 40-year ban on crude oil exports, interest groups will be choosing sides and adding their voices to the discussion. Monday's addition…

Paul Ausick · 13 years ago

Google Offers Bounty for New Signups at Google Apps

On its official enterprise blog site, Google announced Monday that it is kicking off a new referral program for its online office and productivity programs, Google Apps. Current users can receive $15 as a…

Paul Ausick · 13 years ago

GM Names Lead Investigator in Probe of 13 Deaths

General Motors on Monday hired Anton Valukas, chairman of law firm Jenner & Block, to lead its internal investigation of the company's handling of complaints that led to at least 13 deaths and a…

Paul Ausick · 13 years ago

Is the Fuel Cell Surge Getting Out of Hand?

Alternative energy company FuelCell Energy began trading Monday morning at a 13% premium to Friday's closing price, which was 18% higher than Thursday's close. Friday's bump came from news of a $2.8 million contract…

Paul Ausick · 13 years ago

Health Insurance Satisfaction Slashed by Coverage Issues

ThinkstockMore than 40% of health insurance plan customers were dissatisfied with their plan’s coverage, according to the latest data from J.D. Power’s 2014 Member Health Plan Study. Overall member satisfaction based on the survey…

Paul Ausick · 13 years ago

McDonald’s February Sales Threaten First-Quarter Margins

In a near repeat of January's results, February same-store sales for McDonald's U.S. stores fell and the company's global sales were rescued by sales in Europe. McDonald's shares were down fractionally in premarket trading…

Paul Ausick · 13 years ago

Copper Gets Roughed Up by Chinese Export Data

ThinkstockThe weekend report that Chinese exports fell by 18.1% in February had a definite impact on equities trading in Asia overnight. Commodities also took their lumps, and the one getting beaten up the most…

Paul Ausick · 13 years ago

Cars.com Hangs Out the For Sale Sign

Automobile classified ad site Cars.com is reported to be out seeking a buyer at an asking price of around $3 billion. The site is owned by Classified Ventures, a consortium of newspaper publishers.

Paul Ausick · 13 years ago

U.S. Crude Exports Have Virtually Started

ThinkstockThe 1970s ban on exporting U.S. crude oil may or may not be lifted, but that is not going to slow down the export of what we might call ‘near-crude’. New, low-cost plants that…

Paul Ausick · 13 years ago

Has China Stopped Rescuing the Global Economy?

ThinkstockWhen Chinese officials reported late Friday that the country’s exports had fallen 18.1% in February, the news came on top of another event that was perhaps even more nerve-rattling. The country had experienced its…

Paul Ausick · 13 years ago

Boeing Finds Wing Cracks on 787 Dreamliner

courtesy Boeing Co.In the latest of a string of problems found on its 787 Dreamliner, The Boeing Co. (NYSE: BA) said Friday evening that Mitsubishi Heavy Industries has told Boeing that hairline cracks have…

Paul Ausick · 13 years ago

Icahn Adds Facebook Account to His Social Media Arsenal

ThinkstockActivist investor Carl Icahn said on Friday that Icahn Enterprises LP (NASDAQ: IEP) will begin using its Facebook page to disclose material non-public information. Icahn already uses Twitter and a website (www.shareholderssquaretable.com) to communicate…

Paul Ausick · 13 years ago

The 4 Stocks That Dominated the Market on Friday

thinkstockMarch 7, 2014: Markets opened higher on Friday but the Nasdaq quickly turned south and spent the rest of the day in the red. As a group tech stocks were down 0.6% in mid-afternoon…

Paul Ausick · 13 years ago

Dutch Company to Offer Single News Stories on iTunes Model

ThinkstockEver since the early days of the World Wide Web, people have talked about making individual news stories available for very small amounts of money. The so-called micro-payments idea never took off because it…

Paul Ausick · 13 years ago

Rio Tinto Speculation Boosts Turquoise Hill Prospects

Mining giant Rio Tinto already owns 50.8% of Turquoise Hill Resources, and speculation that Rio Tinto will buy the other 49.2% has boosted Turquoise Hill's share price by nearly 13%.

Paul Ausick · 13 years ago

Privacy Group Challenges Facebook’s Acquisition of WhatsApp

Public interest advocacy group Electronic Privacy Information Center (EPIC) filed a complaint on Thursday with the U.S. Federal Trade Commission (FTC) opposing the recent $19 billion acquisition of messaging service WhatsApp by Facebook.

Paul Ausick · 13 years ago