Nissan-Renault Alliance Has No Chance to Sell 14 Million Cars
A strategic plan for Nissan, Renault and Mitsubishi has a target to sell 14 million cars and light trucks worldwide by 2022. Is that likely?
All Work
Douglas A. McIntyre
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Japanese conglomerate Softbank has made an offer to invest funds into Uber, Nissan and Renault have set a goal to sell 14 million vehicles a year by 2022, and more important headlines.
Army of People Cutting Cords Hits 22 Million
According to recent research, the population of people who have disconnected from traditional cable programming has jumped to 22 million.
Amazon Slashes Prices on Fire Tablets
Amazon.com has marked down the price on its Fire tablets, which many analysts believe have never sold well. The deals target subscribers to Amazon's Prime service.
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Apple and Dell may bid for the Toshiba chips business, Boeing will increase production of its flagship Dreamliner, Saudi Arabia may delay its huge Aramco IPO, and more important headlines.
JC Penney Short Interest Soars by 21 Million Shares
A large number of investors believe that J.C. Penney will continue to have trouble surviving in an extremely crowded retail market in which it has been eaten alive by competition.
Short Interest in Snap Surges by 25 Million Shares
Much of Wall Street remains skeptical, or even pessimistic, about the fortunes of social media company Snap. Investors have a long list of reasons to bet against the company.
Waiting for the iPhone 11
Two things happened as Apple launched the iPhone 8 and iPhone X. Apple's shares barely budged. And there were no proclamations, beyond those by Apple, that the iPhone X was a quantum leap forward.
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Bain has agreed to buy Toshiba's chip business, median household income rose for the second year in a row, Apple launched its iPhone X, and other important headlines.
Apple Market Values Climbs Toward Magic $1 Trillion
If the new iPhone is a success, Apple's market cap could be pushed above the magic $1 trillion mark. That rise is unprecedented when compared to the other U.S. tech titans.
How Long Will the Lines Be for the iPhone 8?
Soon the new generation of iPhones will go on sale. Thousands of people will camp overnight outside Apple retail stores to be among the first to own one.
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Apple is set to launch new iPhones, the United Nations has approved sanctions against North Korea, Volkswagen will continue to gamble its future on diesel more than electric cars, and more important headlines.
In Threat to Boeing, Chinese Jumbo Jet Will Use Chinese Engines
The concern that China will successfully build its own commercial jets and threaten the revenue of Boeing and Airbus took a step forward today.
Harvey and Irma Costs May Top $290 Billion
The combined cost of Hurricanes Irma and Harvey could top $290 billion, an unprecedented level that could slow the American economy and hammer insurance company balance sheets.
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Hurricane Irma was downgraded to Category 1, Equifax faces a rising number of lawsuits, the iPhone 8 will be the first mass market smartphone to cross the $1,000 barrier, and other important headlines.
Steven King’s ‘It’ Surges to $117 Million Box Office Hit
“It”, based on a Steven King novel, blistered the box office with a first-weekend take of $117 million. U.S. box office revenue has been extremely weak for weeks. According to Box Office Mojo: With…
Florida Gas Prices Top $2.70
Gas prices in certain areas of Florida have surged above $2.70 for an average gallon of regular. At some stations, the prices are much higher. Although local officials have taken steps to stop stations…
Could Hurricane Season Take Q3 GDP Growth To Zero?
Goldman Sachs has speculated that Hurricane Harvey may shave 1% off national GDP growth for the third quarter. Imagine what the results will be if another, larger hurricane decimates an area as large as…
Apple’s New iPhone X
Another smartphone to be released by Apple, dubbed the iPhone X, will offer next-generation technology. It also will be very expensive.
As Target Cuts Prices, Will Anyone Care?
Target's management may have miscalculated the benefit of sharp cuts in product prices. The cuts may hurt Target in two ways.