Tesla’s Market Value Plunges Below GM’s
In the past five days, Tesla's market cap has dropped to $47 billion while GM's has risen to $54 billion. Whether its market value can rise above GM's again will depend in large part…
All Work
Douglas A. McIntyre
Cisco Is Best-Performing Dow Stock of 2019
Cisco Systems again leads the Dow Jones industrials average. It was also the best-performing Dow stock of the first quarter.
Black Unemployment Rates at 76% Above National Average
The unemployment rate for black Americans in March was 76% higher than the 3.8% rate among all Americans and even worse when compared to white and Asian Americans.
People in This State Spend About Half the Day Watching TV
The amount of time people watch television per day varies substantially by state. So does the type of programming they watch, according to a new study.
Amazon Offers Free Restaurant Delivery So People Can Binge Watch Shows
Amazon.com has a new promotion. Order in and stream your favorite movies and TV shows all month. It combines two services offered by Amazon Prime.
This Major Auto Brand Sold Only 27 Cars a Day in the US Last Month
Sales of the Fiat brand has dropped to a handful of units a month, showing how badly a maker of small, high-mileage sedans can do in an American market now dominated by SUVs, crossovers…
Americans Borrowed $88 Billion for Health Care Last Year
Health care costs in the United States are generally measured as the highest in the world. Last year, many Americans could not afford their health care costs.
Hedge Fund Giant Ray Dalio Made $1.3 Billion Last Year
Ray Dalio, who founded the world’s largest hedge fund in 1975 earned $1.26 billion last year. This makes Dalio the richest hedge fund chief in the world and adds to the growing legend about…
One of the World’s Oldest Car Brands Is Coming to America
Peugeot built its first car 14 years before Ford was founded. As it enters the United States, that may not count for much. Peugeot has been away from America for so long, it will…
With Prices Spiking, Which States Already Have $3 Gas?
The price of an average gallon of regular gasoline is surging nationwide, driven mostly by rising oil prices. Over the past month, the average is up almost 12%.
How Much Do the Rolling Stones Make on Tour? Over $116 Million
Mick Jagger, the frontman for The Rolling Stones, is ill. The band will delay the start of its 2019 tour.
Key China Economic Figure Improves, but Does Nation Lie About Its Numbers?
China’s National Bureau of Statistics reported that its purchasing manufacturers index (PMI) rose to 50.5 in March from 49.2 in February. Any number under 50 signals a contraction, so the news was good for…
IBM Becomes Best Performing Dow Stock of 2019
After a long period of quarterly revenue drops and mixed attempts to turn the more than century-old tech company into a cloud and artificial intelligence behemoth, many on Wall Street have become believers in…
The Public Sees America in Decline: Why?
Many Americans no longer see America as a thriving nation with a bright future ahead of it. Several reasons contribute to that opinion, new research shows.
Only 4.5% of Applicants Got Into Harvard, the Lowest Level Ever
Where does a scandal like the one that has thrown the nation's focus onto college admission start? Almost certainly, when families see how nearly impossible it is to get into the world's most elite…
Why Cisco Topped the Dow’s Record Quarter
The top-performing of the 30 Dow Jones industrials was tech company Cisco Systems, and it topped it in spectacular fashion.
Wells Fargo Had Among Worst Reputations of Any Company Ahead of CEO Resignation
Departing Wells Fargo CEO Timothy J. Sloan could not improve the bank's reputation, which recently was listed as the worst of any U.S. company in a major study.
Walmart Launches Furniture Collection With Actress Drew Barrymore
Actor Drew Barrymore has launched a collection of furniture and decor with Walmart. But will her "brand" sell products beyond inexpensive merchandise and groceries?
America’s Newspapers Brace for Another 5% to 10% Revenue Drop
Most large and midsized metro newspapers had sales erosion of 5% to 12% last year, and the drop in revenue is expected to continue this year.
Job Cuts Hit Warner, JPMorgan, Ford, Nomura All at Once
While not related, the plague of firings across some of the world's largest companies is an ominous sign of restructuring among corporations bent on cutting costs due to economic conditions.