Tesla Beats Ford and GM at Their Own Game in China
Tesla's success continues to be a miracle to some industry experts. It was supposed to be too small to beat large car companies with big balance sheets and dealer networks.
All Work
Douglas A. McIntyre
Pier 1 Will Close Over 400 Stores as Hopelessness in Industry Rises
With over 9,000 stores closed in the United States last year, the chance that a major retailer will die has escalated sharply. It will be worse this year than in 2019.
As Problems Mount, Boeing Should Spin Off Defense Operations
Boeing has the chance to salvage investor results if it spins off its defense, space and security units into a new publicly held corporation.
Jobless Rate in This City Is Barely Above 1%
America has enjoyed its lowest unemployment in five decades as the national figure has fallen to 3.3% in recent months. According to new data from the Bureau of Labor Statistics, in one city, it…
Jobless Rate In This City Tops 20%
The Bureau of Labor Statistics just released its unemployment numbers for America’s 389 metro areas for the month of November. The trend was generally positive. Unemployment for the month was down in 223 of…
Tesla’s Market Value Is Almost as Much as GM and Ford Combined
Tesla now has a market value that is almost the total market values of General Motors and Ford combined.
This Famous Auto Brand Only Sold 25 Cars a Day Last Year
Fiat sold only 25 cars per day in 2019, which raises the question of whether it will be able to stay in the United States at all.
It’s 119 Degrees in This Town Today
Typically, the highest temperatures at any given time are in India, Iran or other places that are blazing hot during much of the year. The highest temperatures in the world today are in towns…
Apple Could Be America’s First Company Worth $2 Trillion
Apple shares have risen almost 50% in six months to an all-time high. Several factors could push the company's market capitalization to $2 trillion, well above any U.S. company in history.
Boeing Could Spin Off Defense Unit to Salvage Stock
The 737 Max debacle has ruined the financial results of Boeing's commercial division. However, it has the chance to salvage investor results if it spins off the defense, space and security businesses into a…
Apple Rises 86%, Pulls the Entire Market Higher
Apple is part of the Dow Jones industrial average, S&P 500, and Nasdaq Composite. Its full-year share price increase of 86% pulled each of these indexes higher.
Mass Shootings Hit 417 Last Year
Mass shootings reached 417 last year as day after day Americans lost their lives to guns. By the end of 2019, deaths caused by guns reached 39,296. The carefully followed Gun Violence Archive tracks…
World Population to Hit 7,621,018,958 as New Decade Starts
The world population will be more than 7.62 billion as the clock ticks into the first moments of January 1, 2020, a year-over-year increase of about 1%.
US Population Hits 330,222,422 to Start New Decade
As the clock hits midnight and a new decade begins January 1, the population of the United States will reach more than 330.2 million.
Obama and Trump Tie for Most Admired Man of 2019
Former President Barack Obama and current president Donald Trump were picked by the most Americans as the "person they admired most" in 2019, according to Gallup.
Hard Year for McDonald’s Investors
Normally, a year in which a company's stock gains almost 12% would be a good one. McDonald's shares did that this year.
Apple’s 84% Rise Pulls Stock Markets Higher
Apple shares have risen nearly 84% this year and essentially pulled the entire stock market higher.
Nissan 2019 Cars Sales Worst in America, With Hyundai Kia Most Successful
American car sales are likely to top 17 million again in 2019, the fifth year of sales above that extraordinary level. Even so, the figure will be down 1% from 2018.
Bloomberg Campaign Buys Ads Above Bloomberg News Google Search
People who put the search term "Bloomberg" into Google will find an ad above the listings for the Bloomberg presidential campaign.
These Companies Made 2019 a Huge Year for IPOs
2019 was an extraordinary year for initial public offerings. Several of the world’s largest unicorns (private startups worth over $1 billion) went public, but often with poor results. WeWork, one of the most valuable…