Black Unemployment at 6%
Among the things largely lost in the new jobs report, the Employment Situation Summary for September, is that the unemployment rate for black Americans was 6%.
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Douglas A. McIntyre
Sanders Calls for $15 Wage at McDonald’s, but Can the Company Maintain Profits?
Senator Bernie Sanders wants McDonald's to raise its minimum wage. That would benefit workers but also could trigger some negative consequences for them.
Apple World’s Most Valuable Brand at $214 Billion, as Tech Rules Top of New List
The annual Interbrand list of the 100 most valuable brands is out. The top 10 spots on the list are ruled by the tech industry.
6 Most Important Things in Business Today
GE agrees to a rich pay package for its new CEO, Toyota announces a huge recall, bond yields hit levels not seen since 2011, and other important business headlines.
Driving Deaths Drop to 37,133 in 2017: A Look At All 50 States
The number of car deaths fell 1.8% in 2017 compared to 2016. The total last year was 37,133. According to data released by the U.S. Department of Transportation’s National Highway Traffic Safety Administration, the…
Barnes & Noble May Be For Sale but Is Still Dying
Who would buy Barnes & Noble and why? With its current sales trends and balance sheet, it is a wonder anyone would consider it.
Car Deaths Fall in 2017, a Look At All 50 States
The number of car deaths fell 1.8% in 2017 compared to 2016. The total last year was 37,133. In the five largest states, based on population, they fell by an ever larger percentage. Across…
6 Most Important Things in Business Today
Toyota teams with SoftBank on self-driving technology, Barnes & Noble may be for sale, internet companies sue California over net neutrality, and other important business headlines.
Netflix Is Responsible for 15% of the World’s Internet Traffic
Netflix eats up 15% of the global internet's bandwidth capacity by streaming video to over 125 million users.
Netflix Is Responsible for 15% of the World’s Internet Traffic
Netflix eats up 15% of the global internet's bandwidth capacity by streaming video to over 125 million users.
New JC Penney CEO Gets $6 Million Signing Bonus
New J.C. Penney Co. Inc. (NYSE: JCP) CEO Jill Soltau will get a $6 million bonus to head the extremely troubled retailer, less applicable withholding tax. She joins a company with a share price…
6 Most Important Things in Business Today
Microsoft launches a new line of computers, J.C. Penny names new CEO, Toys "R" Us may be resurrected, and other important business headlines.
In New Pew Study, 11 Countries Report Negative Views of United States
ThinkstockPew Research has released a new study of how people in other countries view the United States. The figures are shockingly low in some nations and moderately high in others. The Pew study is…
Yale Endowment Hits $24.9 Billion Record High, Beating Harvard’s Growth
Yale University, one of the top academic institutions in the world, has the second largest endowment in the United States. It has announced that the value of the fund surged 12.3% to $24.9 billion.…
Pressured Amazon Boosts Minimum Wage to $15
Amazon raised its minimum wage to $15, above the level of several other major retailers. The Seattle, Washington-based e-commerce giant was recently accused of paying workers at levels that pushed workers below the poverty…
Gas Prices Hit $3 in 9 States
Brent crude prices have reached over $85 a barrel. Oil prices are the biggest contributor to the cost of gasoline. Gas prices, average for a gallon of regular, have topped $3 in nine states,…
How Big Is Amazon’s Counterfeit Problem
Amazon has been hit by a powerful new accusation of selling counterfeit goods. Caveat emptor.
IMF Chief Voices Worry About Global Expansion
Has the world's economic improvement, nearly a decade in the making, peaked? The head of the IMF thinks so.
6 Most Important Things in Business Today
New North American trade agreement lifts global markets, IMF head worries about the worldwide economy, crude hits a four-year peak, and other important business headlines.
California Law Would Make Companies Have Just One Female Director
California's legislature has passed a bill, which Governor Jerry Brown will sign, that requires each company based in the state to have at least one female director in the near term.