Sears.com May Survive
Sears may be dead soon. Kmart likely will go with it. But each brand could continue to live online and produce a stream of revenue for new owners.
All Work
Douglas A. McIntyre
How Many Stores Will JC Penney Close? Probably Several Dozen
J.C. Penney's new CEO has decided to close three stores this spring. That is not very many But the closings are not over.
Apple To Cut First Quarter iPhone Production 10%–Source
On the heels of a cut in earnings expectation for the final quarter of last year and comments by CEO Tim Cook about sales challenges in China, Apple has hit another hurdle. The Nikkei…
20 Stocks to Own for 2019
As investors look at portfolio picks for this year, they should consider a mix of major growth stocks and safe harbor securities.
IBM Tops 2018 US Patents With 9100
IBM was issued more patents in 2018 by the U.S. Patent and Trademark Office than any other company. IBM claims that 2018 was the 26th year it held the top of the list by…
China Has 65 Million Empty Apartments
The latest estimate of the number of empty apartments in China is 65 million, which is more than 20% of all residences in the nation's cities.
Black Unemployment at 6.6%, 70% Higher Than National Average
The December jobs report was almost entirely positive. But one group has not done nearly as well. Black unemployment was almost 70% above the national average.
No One Will Buy Elvis Presley’s Huge Home in the Desert
Elvis Presley owned a home over 1,500 miles from his hometown of Memphis, where he died when he was 42. He bought the house as a honeymoon location for his wife Priscilla. It is…
10 Best (and Worst) Months for Jobs Since the Recession
The new U.S. Bureau of Labor report of monthly net job additions and unemployment showed the economy added more than 310,000 jobs, the eighth best month in the decade since the Great Recession.
Fiat Sales Drop Below 1000 in December
Fiat sold fewer than 1,000 cars in December, begging the question whether it can ever be a success in the United States.
China’s Population to Top 1.4 Billion
China's population will hit 1.44 billion, according to research by a government agency. That will put it at about four and a half times the U.S. figure.
Lowe’s Plans to Add 65,000 Jobs
Lowe's said it plans to add more than 65,000 jobs this year, a sign of the company's optimism about the housing market.
Top-Selling Cars of 2018
2018 was another near-record year for the car industry in the United States. Sales rose to 17.3 million vehicles, which includes cars, pickups, SUVs, and crossovers. This is the fourth straight year the total…
Air Becomes Unbreathable in Delhi, One of World’s Largest Cities
The air quality in one of the world's largest cities became so bad in the past two days that it is not fit to breathe, even for healthy people.
The List of Best-Run Companies Includes a Number That Aren’t
The Wall Street Journal list of the best-run U.S. companies of 2018 has several that are not well run at all, including these five.
Apple’s Bad News Is Worse for China
When Apple released a letter from CEO Tim Cook to investors, among the most important comments was that sales in China were the most serious barrier to better results.
7 Important Things You Have to Know Now
The war of words between President Trump and Democrats in Congress escalates, one of the leading figures in American retail dies, and other important things to know today.
Girl Scouts Release Gluten-Free Cookies
Girl Scout Cookies have been sold since 1917. Among the many flavors and shapes, there has never been a gluten-free product. That changed this year.
Apple Announces Revenue Is Unraveling
CEO Tim Cook has announced the most recent quarter fell apart, by Apple's standards, and there may be worse ahead.
China’s Manufacturing Economy Runs Into Problems: Is Trade War to Blame?
China's manufacturing economy contracted in December, a rare occurrence in the largest manufacturing nation in the world.