Author Archives: Douglas A. McIntyre

Ford Shares Drop Below $10 as Chairman Bill Ford’s Turnaround Fails

The stock of Ford Motor Co. (NYSE: F) has dropped below $10 a share, another milestone that marks the car company's failure to set and institute plans for a turnaround. ...
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90,000 Forgotten Sears Employees

The CEO of Sears Holdings Corp. (NASDAQ: SHLD) wants his hedge fund to buy the company's Kenmore appliance division as another means of getting the retailer cash and stripping it ...
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6 Most Important Things in Business Today

Trade negotiations between the United States and China may happen later this month. According to Reuters: China said on Thursday it will hold a fresh round of trade talks with ...
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McDonald’s to Spend Billions to Upgrade Restaurants

McDonald's Corp. (NYSE: MCD) does not like its own restaurants anymore. It will spend billions of dollars to change thousands of them. And the effort is a community service to ...
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6 Most Important Things in Business Today

Stocks in Asia collapsed. According to Reuters: Asian stocks retreated to a one-year low on Wednesday as bearish Chinese markets worsened investor sentiment already hurt by Turkey’s financial crisis Warren ...
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Tesla Does Not Trade Like a Company About to Go Private

Elon Musk went further to explain his tweet that Tesla Inc. (NASDAQ: TSLA) might go private. The comments have gotten him in trouble with the SEC and some investors. No ...
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Google Bests Doctors in Eye Disease Treatment

In another sign that artificial intelligence can outthink humans, Google announced it was able to more quickly detect eye disease problems than medical professionals. Google said this is a leap ...
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CBO Shows No Recession Though 2028

The non-partisan Congressional Budget Office issued its updated economic outlook for the period that starts this year and runs through 2028. Extraordinarily, the first conclusion of the report is that, ...
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6 Most Important Things in Business Today

There is more evidence that the Chinese economy is slowing. According to MarketWatch: Business activities in China cooled further in July, with investment slowing to a near two-decade low, official ...
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Tiger Woods Sponsors Nike and Monster Get Huge Exposure at PGA

Golf legend Tiger Woods finished second at the 100th PGA Championship. A year ago, he was not sure he would ever play again. Golf phenom Brooks Koepka finished first. It ...
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Disney Holds Unprecedented Third of US Movie Market

Walt Disney Co. (NYSE: DIS) holds an unprecedented 35% of the market share of studios through August 5. Its success was described in Disney's recent earnings. If Disney can hold ...
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6 Most Important Things in Business Today

The Turkish currency continued to falter. According to Reuters: Turkey’s lira pulled back from an overnight record low of 7.24 to the dollar on Monday after the central bank pledged ...
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Tiger Woods Sponsor Nike and Others Get Huge Exposure Again

Tiger Woods is tied for sixth at the PGA Championship. In his first year back from injuries, he is in contention once again. He has done so well the TV ...
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Papa John’s Franchises Pound Founder Schnatter

Just as Papa John's International Inc. (NASDAQ: PZZA) offered financial assistance to some of its retailers, the head of its franchise association hammered founder John Schnatter and aggressively stated it ...
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A Closer Look at Turkey’s Economy

The value of Turkey's currency, the lira, has collapsed. Its economy has stagnated so badly that there is even talk of a bailout, perhaps led by the International Monetary Fund ...
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