Are Tesla Layoffs Over?
Tesla (NASDAQ: TSLA) laid off 9% of its workforce. CEO Elon Musk said the 3,500 or so jobs did not affect employees producing the company’s cars, particularly the anticipated but late Model 3. The…
All Work
Douglas A. McIntyre
Summer Travel Will Cost Drivers $69 More Per Month
Gas prices will hit drivers in the pocket book this summer. Because of rising gas prices, the dent will be $69 more per month based on an average gallon of regular nationwide. A new…
IMF Chief Cautions World Economy May Face Major Challenges
International Monetary Fund Managing Director Christine Lagarde's recent forecast was particularly dim. She pointed out the sharp threat to global economic growth posed by trade wars.
Industry Safety Group Hammers Jeep and Explorer on Safety
Two of the best-selling SUVs in the U.S. have been hammered for safety deficiencies by one of the most widely respected car testing organizations.
The 6 Most Important Things in Business Today
Among the top six things to watch for today, look for a ruling on the AT&T bid to buy Time Warner and a potential merger in the medical products field. Also in the news:…
Stocks to Buy Dad for Father’s Day
Thinking of buying your dad some stocks for Father's Day? Here are some conservative picks.
5 Most Important Things in Business Today
Amazon agrees to review its labor practices at Foxconn plant in China, Bitcoin falls to 2-month low, Ocean's 8 tops the weekend box office, and other important headlines.
New Supercomputer Does Nothing To Help IBM
The U.S. Department of Energy’s Oak Ridge National Laboratory launched “Summit”, the world’s most powerful supercomputer. The launch offers the chance for several companies to show their technical muscle. First among these is IBM…
Anthony Bourdain Book Is No.1 On Amazon
Anthony Bourdain’s “Kitchen Confidential Updated Edition: Adventures in the Culinary Underbelly” has become the best selling book on Amazon (NASDAQ: AMZN), despite the fact it was first published in 2000. The wildly popular chef…
Median Income Has Gone Nowhere Since Recession
While there is a great deal of debate about whether Americans are better off financially since the Great Recession, part of the argument is based on government data. The U.S. Bureau of Labor Statistics…
US Builds World’s Most Powerful Supercomputer
It is called “Summit” and it is now the world’s most powerful supercomputer, or so says the U.S. Department of Energy’s Oak Ridge National Laboratory. According to ORNL, Summit performs calculations at an unprecedented…
Ticketfly Hit by Hackers, 27 Million Accounts at Risk
Ticket sales site Ticketfly was hit by a major hack, compromising 27 million accounts. It is the most current in a long line of major corporate hacks that have exposed, in sum, hundreds of…
IMF Plans to Help Argentina, If It’s on the Right Track
The IMF will help the Argentinian economy and its people with a financial package of $50 billion, even though its government has been notoriously unstable.
Google’s New Pledge Not to Be Evil
Google has a set of new rules that may look good on paper. Some of those rules may not be in place now.
5 Most Important Things in Business Today
The IMF will give Argentina $50 billion in aid, a major round of layoffs is coming to McDonald's, Monsanto is no more, and other important headlines.
FAANG vs the World
Just how much value have the FAANG (Facebook, Apple, Amazon, Netflix, Google) created in the public markets? Loup Ventures' Doug Clinton has the numbers.
6 Most Important Things in Business Today
Twitter plans to raise money, Volvo announces new growth plans, Warren Buffett and Jamie Dimon call for an end to quarterly earnings guidance, and other important headlines.
Fitbit CEO Should Follow CFO Out the Door
Fitbit Chief Financial Officer William Zerella has jumped ship for another job. Shareholders would be fortunate if Chief Executive Officer James Park followed him.
Only 25 Women Hold CEO Jobs at S&P 500 Companies
The move to get women to break the "glass ceiling" between them and the leadership of America's largest companies does not appear to be working.
Drivers Can Join Mercedes Subscription Plan, If They Live in Nashville or Philadelphia
Drivers who want to join a new subscription program from Mercedes can sign up, but only if they live in Philadelphia or Nashville.