6 Most Important Things in Business Today
Amazon.com is close to choosing site of its second headquarters, sanctions have started to cut Iran oil exports, and other important business headlines.
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Douglas A. McIntyre
World’s Largest Cannabis Dispensary Opens In Las Vegas
Las Vegas, America’s entertainment and gambling capital, has become a major home to a new industry. The world’s largest cannabis dispensary opened in the Nevada city this week. Owned by Planet 13 Holdings Inc,…
Black Unemployment Rises To 6.2%
The unemployment picture is generally getting much better. The economy added 250,000 jobs in October, and the unemployment rate held at 3.7%. Black Americans did much worse. Their unemployment rate was 6.2%, up from…
GM Offers $10,000 To Name Its Electronic Bike
GM has announced a contest to name the company's new electric bike. One $10,000 prize will be awarded to the winner.
HBO Blackout on Dish May Hurt Customers for Awhile
HBO went dark on the Dish satellite network Thursday after the companies failed to reach an agreement to replace a contract that lapsed midnight on Wednesday. HBO claimed Dish blacked out the cable channel…
Popular Holiday Drinks Return to Starbucks Today
The holidays traditionally begin on Thanksgiving and run through Christmas. Starbucks Corporation (NASDAQ: SBUX) will jump-start its holiday early–today. The decision should help the company continue the surge in sales it posted during the…
6 Most Important Things In Business Today
Apple Inc. (NASDAQ: AAPL) posted a weak revenue outlook. According to The New York Times: Apple Inc.reported its fourth consecutive quarter of record revenue and profit, as the combination of higher iPhone prices and…
The 10 S&P Stocks That Dropped Have 40% or More This Year
The worst performing S&P stocks are off sharply in October. The following 10 are off more than 40% for the year.
Job Cuts Rocket 37% in October
A major job research firm reported employee job cuts rose 37% in October to 75,664.The figure was the highest since July 2015 The Challenger, Gray & Christian data are often used as a hint…
6 Most Important Things in Business Today
Tesla says its cars will add a new auto-parking feature, Subaru and Toyota issue huge recalls, Google employees walk out over sexual harassment claims, and other important business headlines.
Tesla Releases Ultra-Modern Parking Feature
Elon Musk said on Twitter that Tesla has released a new parking feature for some of its cars.
Dow Stars Apple and Merck Up Over 25%
Many market experts worry that poor earnings and a slowing economy could beat down the market between now and the end of the year. But two Dow stocks show no signs of surrendering their…
China’s PMI Growth Dips Toward Zero
The trade war with the United States apparently has hurt China's manufacturing sector, judging by its PMI reading for October.
Europe GDP Growth Moves Toward Zero
While much of the economic world has its eyes on the effect on gross domestic product of a trade war between China and the United States, the world's other leading economy, that of the…
6 Most Important Things in Business Today: China Economy Slows
Elon Musk changes much of the management team at SpaceX, Airbus will be late in delivering some of its planes, and other important business headlines.
Consumer Confidence Roars to 18-Year High Ahead of Holidays
The U.S. economy continues to be a mighty engine. Consumer confidence reached an 18-year high this month.
Is Elon Musk Still in Charge at Tesla? He Says He May Not Be
Elon Musk is the founder, board chair and chief executive officer of Tesla Inc. (NASDAQ: TSLA). Part of a U.S. Securities and Exchange (SEC) settlement for Musk’s tweets about a potential plan to take…
Walmart Has a Brand New Way for People to Check Out
In a crowded retail market, any advantage may be critical to the holiday sales that can make or break a retailer for the year.
6 Most Important Things in Business Today
The value of the yuan plunges, Walmart to change the way customers pay over the holiday season, and other important business headlines.
IBM Pays $34 Billion for Red Hat, Which Made $258 Million Last Year
There are several wild things about the IBM buyout of cloud company Red Hat. Among them is that IBM will pay $34 billion for a company that made less than $260 million last year.