6 Most Important Things in Business Today
Weinstein Company has found a buyer, Toyota to move aggressively into the self-driving car business, Best Buy will close some of its smaller stores, and other important headlines.
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Douglas A. McIntyre
Fiat Sales Fall Only 42%
It is a wonder Fiat Chrysler continues to support the Fiat brand in the United States. U.S. sales dropped sharply in February.
T-Mobile Is Latest Carrier With 5G, Targets 30 Cities in 2018
As 4G services have saturated the country and competition for customers who use 4G networks has peaked, along with the earnings of the companies that provide it, America's major carriers are rushing into superfast…
March Madness Cuts Worker Productivity by 6 Hours
March Madness, which stretches over a period of days, dents businesses for over six hours of work time, according to a new survey.
Why Nordstrom May Lose Bid to Go Private
Nordstrom's success in the market may be the primary obstacle to going private. It could be on the edge of not being able to go private at all.
6 Most Important Things in Business Today
Spotify has outlined its plans to go public, T-Mobile will start 5G service, Best Buy will close some locations, and other important headlines.
Walmart Raises Age for Gun Purchase to 21
Walmart Inc. (NYSE: WMT) joined the anti-gun sentiment which is sweeping the country by raising the age at which customers can buy guns at its stores to 21. It announced: In light of recent events,…
Does Dick’s Make Any Money Selling Assault Rifles?
Dick's Sporting Goods made a big deal over its plan to stop selling assault rifles. While the decision was well received in many quarters, it is unlikely to have much financial consequence.
Apple’s Short Interest Rises 7 Million Shares, but Does It Matter?
An increase in short interest is meaningless when compared to Apple's overall share activity. On the other hand, that does not mean the short sellers are wrong.
JC Penney Reported to Replace Full-Time Workers With Part-Timers
J.C. Penney can keep more workers on the floor, at least in theory, when more are part time and have little or no benefit costs.
Maybe Papa John’s Pizza Doesn’t Taste Good, as Company Exits NFL and Posts Poor Earnings
Papa John's problem may not be the NFL. Rather, demand for its pizza may just be low because people do not like it as well as its competition.
6 Most Important Things in Business Today
TiVo may find a buyer or go private, Amazon will buy a smart doorbell company, the FCC will begin auctions of 5G spectrum, and other important headlines.
California Sharply Expands Use of Self-Driving Cars, If They Are Safe
After years of tests, self-driving cars without a backup driver can start to operate in California. However, among the rules necessary to get a permit for these vehicles, the companies that operate them need…
If Tiger Plays, 2018 Masters Tickets Could Be Most Expensive Ever
Tiger Woods won four Masters Tournaments – the last one in 2005. But every time he plays, the crowds come out, so no one is happier than the men in the green jackets that…
Fitbit, Run by One of America’s 20 Worst CEOs, Posts Horrible Numbers
Fitbit once against posted numbers that beg the question whether it can remain a viable standalone company. It also adds to concerns about whether CEO James Park is fit to run the company.
Comcast Offers to Buy Sky for $31 Billion, Diversify Overseas
Comcast means to upset Rupert Murdoch's plans. It offered $31 billion for Sky today.
6 Most Important Things to Do in Business Today
California approves broader rules for the use of self-driving cars, Softbank's huge investment fund may put money into 100 tech companies, and other important headlines.
Will New Samsung Galaxy S9 Hurt Apple’s Share Price?
Samsung, Apple's primary rival, has launched its new iPhone killer, the Galaxy S9. If sales of the new Samsung smartphone are strong, iPhone X sales will be dented.
GE to Restate Earnings, Further Damaging Relationship With Wall Street
GE has announced that it will need to restate 2016 and 2017 results. The conglomerate's relationship with Wall Street, which could not get worse, just did.
Will Loss of NRA’s 5 Million Members Hurt Companies Severing Relationships?
Quitting the NRA is absolutely necessary for companies that do not believe they can ethically support the organization. But what will it cost them?