Oil Inventory Drops to 3-Year Low as Crude Moves Toward $80
The most recent IEA report on oil inventory around the world shows that levels are at a three-year low, which will compound the reason oil prices may continue to climb.
All Work
Douglas A. McIntyre
Walmart Helps Battered Lord & Taylor With E-Commerce Deal
Lord & Taylor has gotten a critical lifeline from Walmart, which will start to sell Lord & Taylor items at Walmart.com.
6 Most Important Things in Business Today
Institutional investors cut their positions in Apple, Lord & Taylor to sell items on Walmart.com, oil supplies hit a three-year low, and other important headlines.
Apple as a Service, Part 2: Services Offer Growth, Visibility, and Profitability
Analyst Gene Munster of Loup Ventures offers the second of a four-part series on how iPhone may become Apple-as-a-Service.
For Royal Wedding, 20 Million US Viewers and Millions of Ad Dollars
Television is about to rake in millions of dollars on the royal wedding of Britain’s Prince Harry and American Meghan Markle, which will take place on Saturday, May 19.
Valuations of DraftKings and FanDuel Could Top $3 Billion Each
If any two organizations benefit from the Supreme Court decision on sports gambling, betting sites FanDuel and DraftKings do, as they saw their businesses hampered by many state regulations.
6 Most Important Things in Business Today
Sears gets serious about selling Kenmore, new Seattle taxes could affect Amazon.com, Tesla looks at changing its autopilot technology, and other important headlines.
Apple as a Service, Part 1: Entering a Period of Greater iPhone Visibility
Analyst Gene Munster of Loup Ventures offers the first of a four-part series on how iPhone may become Apple-as-a-Service.
Disney Takes Unprecedented 35% of US Box Office Sales
On the back of “Black Panther” and “Avengers: Infinity War,” Walt Disney Co.’s (NYSE: DIS) studio business has 35% of U.S. box office receipts through May 6. Total domestic box office sales for that…
The 10th Anniversary of $4 Gas
Gasoline prices last reached $4 a gallon a decade ago. They are headed back in that direction. Along with the rise in prices is the anxiety that 2018 could look like 2008.
Xerox Deal to Combine With Fujifilm Dies, Leaving US Company With Difficult Future
The collapse of a merger of Xerox with an arm of Japanese company Fujifilm leaves troubled Xerox with a difficult future, after years of efforts by a string of executives to turn around its…
5 Most Important Things in Business Today
President Trump says he will help China telecom company ZTE, Nintendo to re-release one of its old products, "Avengers: Infinity War" tops $1 billion in ticket sales, and other important headlines.
Musk Becomes Issue for Tesla’s Board as His Judgment Deteriorates (Update)
Much of Elon Musk's eccentric behavior has been written off as the peculiar actions of a genius. However, his wild behavior on Tesla's most recent earnings call brings into question his ability to be…
Amazon Sharply Cuts Price of Alexa-Powered Echo
Among Amazon.com Inc.’s (NASDAQ: AMZN) efforts to distribute its Alexa “virtual assistant” is its own Echo hardware. Amazon slashed the price of the Echo from $99.99 to $84.99, at least temporarily. Since the Echo…
New Chinese Passenger Plane to Challenge Boeing
While the C919 may be a challenge to Boeing and Airbus dominance in China short term, a trade war would be an insurmountable hurdle.
Mansion on an Island Is America’s Most Popular Home
One home. One island off the coast of Connecticut. East of New Haven of the coast off Branford priced at $3 million. Branford itself is a moderately prosperous town. It has a population of…
Another Case for Shuttering Post Offices
No one wants to see tens of thousands of postal employees put out of work, or small local offices that may have been existence for decades closed for good.
Can the Mayo Clinic Teach Trump Anger Management and Create a New Industry?
President Trump gets mad at many people and reportedly has a foul temper. The Mayo Clinic advises those who are plagued by the problem, and its expertise could open the door for an entirely…
Why It Doesn’t Matter Who GameStop’s CEO Is
GameStop lost its chief executive officer. He had been in the job three months. Although the move caused consternation among investors, the CEO selection does not mean much. GameStop is in a downward spiral…
Nvidia Posts April Results; Continues to Advance Frontier Tech
The Nvidia story is intact and it remains one of the best-positioned tech names for the next decade, given its reach in data centers, autonomous vehicles, virtual and augmented reality platforms, cryptocurrency mining and…