Economists See No Recession Next Year, Forecast for Accelerated Growth
The NABE Outlook is among the most carefully watched forecasts for economic growth. In its December survey, those questioned say a recession next year is highly unlikely.
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Douglas A. McIntyre
General Motors China Sales Now 50% Higher Than in US
General Motors' fate relies as much on China as it does the manufacturer's new electronic vehicles and self-driving cars.
5 Most Important Things in Business Today
CVS Healthcare will buy Aetna, Broadcom wants to buy rival Qualcomm, economists believe growth of the U.S. economy will be stronger than they had expected, and more important headlines.
CVS to Buy Aetna for $68 Billion
According to reports in several media, CVS Healthcare Corp. (NYSE: CVS) will buy Aetna Inc. (NYSE: AET). The deal has been rumored for weeks Bloomberg editors wrote: CVS Health Corp. will buy Aetna Inc.…
Matt Lauer Lives On Via YouTube
The press is filled with articles about how Comcast’s (NASDAQ: CMCSA) NBC has tried to take every last hint of Matt Lauer’s time at the network and throw it in the trash. Lauer was…
Amazon Cuts Price on Echo Dot by 40%
Amazon's Echo Dot can run an entire house, nearly. That makes it remarkably useful, so it is odd that Amazon would cut the price so much.
Judge Says Starbucks Cannot Close Many Teavana Stores
The Starbucks plan to close Teavana tea stores has been partially blocked as a judge who sided with mall owners.
People Can Fly Those Cancelled American Airlines Flights Now
American Airlines has announced that it suddenly solved its problem and everyone who wants to fly can. It is another example of how technology can get in the way of customer satisfaction.
Fiat Sales Plunge 28% in November
Opening the door once again to asking why the Fiat brand is sold in the United States, its U.S. sales fell 28% in November. One would think Fiat Chrysler would have better things to…
Blue Apron Has New CEO, Same Broken Model
Blue Apron has a new chief executive officer, but a change at the helm will not make much difference to its broken business model.
As GM Offers Autonomous Driving Taxi, What Will It Do With All the Rest of Its Cars?
GM still has to wrestle with its slowly dying primary business of traditional, gasoline-powered cars, the sales of which run well into the millions per year.
American Airlines Employees to Be Trained in Diversity, Inclusion
American Airlines will be among the first huge U.S. firms to make a widespread effort to train its employees in racial diversity and inclusion policies.
6 Most Important Things in Business Today
Amazon may buy one or more drug companies, GM will have a self-driving taxi in just over a year, CVS Health may buy Aetna, and more important headlines.
Get Ready for BuzzFeed’s Valuation to Fall
BuzzFeed will miss its ad revenue targets for 2017. Investors should get ready for the value of this "unicorn" to plunge.
6 Most Important Things in Business Today
Concealed guns may soon be legal in all 50 states, Elon Musk wants to bring high speed trains to Chicago, and other important headlines.
Lincoln’s Weak Brand Launches New SUV Into an Overcrowded Market
Lincoln has launched a new midsize SUV into an already crowded market. Granted, sales in this segment of the auto industry have been strong. However, Lincoln is late and sales of its new models…
Nearly a Fifth of New Cars Will Be Electric by 2025
Electric cars, until recently considered toys for the rich, will be front and center in the auto market within a few years according to new research.
6 Most Important Things in Business Today
The price of bitcoin soared above $10,000, DHL has ordered some Tesla trucks, Amazon.com workers have complained about their treatment so far during the holiday season, and other important headlines.
What Do Societe Generale’s Plans to Shutter Hundreds of Branches Mean to US Banks?
Societe Generale is in financial trouble that is not matched by large U.S. banks. However, that does not mean American banks won't employ some of the French company's tactics.
6 Most Important Things in Business Today
Wells Fargo faces yet another scandal, a Tesla rival has hit trouble with its financials, Cyber Monday sales hit more than $6 billion, and other important headlines.