Why Didn’t The SEC Say It Was Hacked?
The hack of the SEC database shares something in common with most other recent large hacks of corporate and government databases. It did not get around to mentioning the problem until well after it…
All Work
Douglas A. McIntyre
Wall Street Won’t Buy Ford’s Story Because It’s Average
Ford has yet to convince investors that it can pull away from the pack in several critical areas to regain investor confidence. So far its track record in these areas is average.
6 Most Important Things in Business Today
Google will pay a billion dollars to get further into the smartphone hardware business, the SEC website was hacked last year, Airbnb will get into the restaurant reservation business, and other important headlines.
Apple Watch 3 Is Already Broken
Even if the trouble is very limited, it puts a dent in Apple's reputation for building products that are almost always flawless.
Walmart Big Enough Not to Need Holiday Temps?
Walmart won't hire temporary workers for the holidays, while most large retailers need to add tens of thousands of people to handle the late-year shopping crush.
Harvard’s Dismal 8.1% Endowment Return
Many huge endowments would be happy with an 8% return on their money during the course of a year.
6 Most Important Things in Business Today
Best Buy posted a disappointing forecast, Ford said it would close plants in North America, Walmart will not hire temp workers for the holidays, and more important headlines.
Many Workers Will Get Tiny Raises in 2018
Despite an improved economy, new research shows most workers will not get an improvement in pay. To some extent, the move is a hangover from the Great Recession.
Was Toys ‘R’ Us Killed by Amazon? No, It Killed Itself
Toys "R" Us was not killed by Amazon. Rather it undermined its own success with excessive debt and a slow-motion effort toward e-commerce.
FedEx to Raise Rates in 2018
FedEx does not believe it can successfully raise its rates much for the holidays, or it would. Instead, it has pushed a rate increase into 2018.
6 Most Important Things in Business Today
Macy's hired 80,000 workers for the holidays, Toys "R" Us has filed Chapter 11, Amazon Web Services will begin to charge some customers by the second, and more important headlines.
Amazon Could Cause 400 Malls to Close
If Amazon.com continues to scorch the apparel industry, 400 of the nation's 1,200 malls could close, according to credit rating agency Fitch.
Amazon Share Price Increase Doubles Walmart’s in 2017
Walmart had a strong run from the first half of the year. The stock's price has leveled off since then. Amazon's have leveled during the same period as well.
6 Most Important Things in Business Today
Rolling Stone magazine will be sold, the Senate wants more information about how Russian interests used Facebook during the presidential election, and more important headlines.
Small Drones Won’t Hurt You If They Hit Your Head
Maybe it is alright if commercial companies and hobbyists use drones in populated areas, in particular, if they are small. Amazon (NASDAQ: AMZN) and other companies which want to use drones for delivery may have…
AT&T’s $23.34 Apple iPhone 8
The deals from carriers to sell the Apple iPhone 8 have started. The Big Four carriers may not get a chance like this one again for over a year.
How Harvey and Irma Have Ruined Texas and Florida Real Estate
Most of the damage of hurricanes Harvey and Irma was in Texas and Florida. Real estate values in these areas will be pummeled and may not recover for years.
Equifax CEO Rick Smith Needs to Be Fired
It may only be a matter of time before the board of Equifax fires its long-time chair and chief executive, Rick Smith. However, the move cannot come too soon to satisfy investors, regulators and…
Reba McEntire’s Former Home on Market for $2.95 Million
Country singer Reba McEntire’s mansion at 175 Cherokee Dock Road, Lebanon, Tennessee, was sold in 2016 by her and her former husband, Narvel Blackstock. The new owner has put the house on the market…
Crippled Macy’s to Add 80,000 Holiday Workers
Macy's says it will add 80,000 workers for the holidays, mostly in distribution and warehouse operations as the company prepares the logistics for e-commerce sales.