Home Prices in Some Cities Up Over 15% in December
In December, home prices surged nearly 7% year over year, according to Redfin. In some cities, the price appreciation was much larger.
All Work
Douglas A. McIntyre
Apple Stock Surges Nearly 10% This Year
The reasons for the rise in Apple shares so far this year are little different for those of late last year.
Is Facebook a ‘Shameful’ Company?
House Speaker Nancy Pelosi views Facebook as a platform for disinformation and yesterday called it a "shameful" company.
Gap Is Still Falling Apart
The market rewarded news that Gap will not spin out its Old Navy brand. The decision could not hide the fact that Gap's sales continue to fall.
New York Times Can’t Save Newspaper Industry
One would think the wider newspaper industry could take a page from The New York Times playbook to salvage what is left of it. Unfortunately, it can't.
Will Trade Deal Bring Back Millions of Jobs Lost to China?
There is a widely held belief that as American companies turned to inexpensive manufacturing in China, millions of workers lost their jobs. Will the trade deal bring back those lost jobs? Does it matter?
Growing Number of Americans Still Don’t Think Vaccines Are Important
Some Americans believe that vaccinations are more dangerous than the diseases they prevent. The number is growing, says Gallup.
Corvette Sales Tumble in 2019
The Chevy Corvette was named the 2020 North American Car of the Year. The group that decides the winner clearly doesn't care about customer demand.
Tribune Publishing the Latest Newspaper Company to Cut Staff
If a large chain like Tribune Publishing cannot effectively fight the industry's problems, what can the industry expect from everyone else?
JC Penney About to Be Penny Stock Again
The price of J.C. Penney shares has dropped to $1. It was a penny stock a few months ago. It looks like it will become one again.
Can Tesla Sell More Cars Than Ford?
Ford and Tesla have a similar challenge over the next several years. Every major car manufacturer, and a number of small ones, will be heavily in the electric car business by the end of…
Apple Leads Dow Higher Again This Year
Apple shares are up more than 5% so far this year. That means it is the best-performing Dow Jones industrial average stock, as it was for all of last year, when it nearly doubled.
Will Altria Stock Be Hammered by Tobacco Products Falloff?
Altria Group has its roots in a business that is over a century old. Tobacco and cigarettes may not have the market they used to, but there’s still money to be made.
BMW Is the World’s Largest Premier Car Company, Maybe
BMW Group has announced that it is the world's largest luxury car company, based on 2019 sales. But is it really?
Boeing Should Spin Off Defense Operations as 737 Max Troubles Explode
A Boeing employee has called the 737 Max an "airplane designed by clowns." Why the company's future may not be with the 737 Max but its defense, space and security division.
Bed Bath & Beyond Spins Toward Its Demise
It is too late for Bed Bath & Beyond to turn around, despite plans to repair the company. These plans have not been released by its new chief executive officer.
In Biggest Challenge to Car Industry, Young People Don’t Drive
Many Americans learned how to drive when they were in their teens and got a driver's license soon after. However, this pattern has changed, leaving the auto industry with a smaller pool of customers.
Want to Lose Your Job to Automation? Move to Las Vegas.
If you live and work in Las Vegas, there is a one in three chance you will lose your job to automation. If you are replaced, it will be by a robot or machine.
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.
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.