Fitbit Market Share Plunges
New research shows that while consumer electronics firms in the wearable device market mostly did well in the second quarter, Fitbit's market share plunged.
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Douglas A. McIntyre
Hurricane Harvey Residential Losses May Reach $37 Billion
As the remnants of Hurricane Harvey move inland, estimates of the amount of financial damaged it has caused continue to rise sharply.
6 Most Important Things in Business Today
Gasoline prices have started to rise due to the effects of Hurricane Harvey, the Trump administration will slash the advertising budget to get people to sign up for Obamacare, and more important headlines.
Hurricane Harvey to Hurt Car Sales, but Can’t Stop GM’s Progress
Analysts are almost universal in their opinion that Hurricane Harvey will cut into U.S. car sales in August. However, the forecast that GM will have an extremely good month has remained.
Will Whole Foods Workers Be Replaced by Amazon Technology?
For some time, robotics experts have forecast that robots will replace many of the jobs within the retail industry. This is particularly true for checkout functions and packaging.
North Korea and Debt Ceiling Tie as Disasters for US Economy
The American economy seems impossible to derail. However, two factors, completely unrelated, could ruin current progress.
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Disney will cut staff at its ABC television operation, Uber's new CEO predicts that company will go public sometime in the next three years, and other important headlines.
Services to Share Ultra-Luxury Cars
The business of sharing the world's most expensive cars has started to take hold in, among other places, China.
5G Use to Explode in 2018
Ultra-fast wireless connections, hard to imagine just years ago, will start to be widely deployed soon. 5G will radically change how broadband can be used by consumers and businesses.
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Additional large refineries are likely to be shut due to Harvey, United Technologies may buy Rockwell Collins, Warren Buffett converted warrants in Bank of America, and more important headlines.
Best and Worst Car Brands of 2017
Fiat Chrysler Automobiles’ Fiat division has been fading in the United States for some time as sales have declined and the brand’s reputation has eroded. Fiat’s reputation was further tarnished when the brand ranked…
Fiat and Dodge Rank Worst in New Car Survey, Lexus Takes Top Spot
Its reputation was tarnished again as Fiat ranked last in the new American Customer Satisfaction Index for cars. The rating was matched by stablemate Dodge.
Finish Line Board and Management Adopt Poison Pill to Save Their Jobs
After the most recent financial results report, the Finish Line board of directors has adopted a poison pill, which may be the only way its members and senior management can keep their jobs.
Detroit Lions QB Matt Stafford Gets $135 Million Contract
Detroit Lions' quarterback Matthew Stafford has become the highest paid player in the NFL, earnings $135 million over five years.
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Fitbit will release a smartwatch, New York City has raised the minimum price of a pack of cigarettes, Domino's Pizza will test the driverless delivery of pizza, and more important headlines.
Houston by the Numbers: The City’s Demographics and Economy
Houston, flooded by Hurricane Harvey, is the fourth largest city in the United States by population, and it also is a huge city, geographically.
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Uber has named a new chief executive officer, flooding along the Gulf Coast has closed large refineries, what the least expensive iPhone 8 will cost, and other important headlines.
American Movies Post Worst Box Office in 15 Years
Trouble has just begun for the century-old business of running theaters people actually go to so they can see a movie on the big screen.
Mayweather Wins McGregor Match and $100 Million Payday, Plus Endorsements
Boxer Floyd Mayweather beat UFC fighter Conor McGregor in 10 rounds and earned at least $100 million in the process. Not bad for an hour or so of work.
Amazon Opens 855,000 Square Foot Facility In Ohio
Amazon (NASDAQ: AMZN) pressed further into the bricks and mortar business, but in the most recent case, it was not stores. The e-commerce company has set an 855,000 square foot distribution center which is…