Macy’s Stabs Itself With Mediocre Guidance
Most people who follow Macy's agree that its earnings were good enough to suggest that it can survive, at least short term. However, its forecast brought doubt about its future.
All Work
Douglas A. McIntyre
Twitter Short Interest Plunges
Shares sold short in Twitter dropped by more than 8 million shares for the period that ended July 31. The move comes as Twitter's shares have collapsed after its earnings report.
Facebook Wants to Become More Like Google, and Google Wants to Become More Like Facebook
Over the past several years, the two dominant internet companies have moved into one another's businesses. The activity seems to be more pitched recently.
6 Most Important Things in Business Today
Tesla will test its self-driving truck in Nevada, smartphone marketer Essential Products has gotten investment capital from Amazon.com and Tencent, and more headlines.
Will CBS, Viacom and Time Warner Pull Content From Netflix?
Disney will start its own sports and movie streaming networks and pull content from Netflix, the streaming industry leader.
6 Most Important Things in Business Today
Several states vie for a new Toyota and Mazda joint plant, Disney will pull its content from Netflix, the number of job openings in the United States reached a record, and more headlines.
McClatchy Shares Hit by Wave of Selling
McClatchy shares have been hit by another wave of selling. Concerns remain about the number of its digital subscriptions and its debt.
Time Cannot Erect a Paywall
Time posted another disappointing set of earnings. At its core is a problem that has plagued most newspaper companies. Time does not charge for most of its online content. It is a company without…
As Verizon Shares Fall, Yield Rises to 4.7%
Many investors feel that Verizon is barely a slow growth company. On the other hand, its yield is close to amazing.
T-Mobile Offers Plan for Old People
T-Mobile's array of special deals has helped the company. It recently targeted the senior part of the population with new deals for people 55 and older.
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Google fired the employee who wrote the widely reported anti-diversity memo, Tesla will raise $1.5 billion in debt, and more headlines.
In Disaster, Freddie and Fannie Could Need $99 Billion
If the economy fades sharply as it did in the Great Recession, Fannie Mae and Freddie Mac may need $99 billion in bail out money, according to a study by the Federal Housing Finance…
The 5 Candidates Most Likely to Replace IBM CEO Rometty
The turnaround at IBM has faltered, flailed and failed. Here are a few of the most likely candidates to IBM CEO Ginni Rometty.
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"The Dark Tower" took the top spot at the weekend box office, value of bitcoins continues to surge, Mark Zuckerberg probably isn't running for president, and more headlines.
Apple Makes It Impossible for Alphabet or Amazon to Top Its Market Cap
There has been a great deal of discussion about how Amazon.com or Alphabet might pass Apple in terms of market capitalization.
IBM Public Relations Become Embarrassment as Company Struggles
It seems IBM cannot turn itself around, but it is good at press releases that say little or nothing about the company's prospects.
Snap Shares Continue To Plunge As Investors Flee Its Narrow Moat
The news must have been particularly depressing for Snap (NYSE: SNAP) investors. Alphabet (NASDAQ: GOOGL), the parent of Google, had offered it $30 billion before Snap’s IPO. After a 41% drop in Snap’s share…
What Pushed Bitcoin Market Cap Above $50 Billion?
The value of a bitcoin has surged above $3,000, which makes the market cap of the total value of the currency $52 billion. In the past year, the value of a bitcoin has risen…
For Many Cities, Unemployment Still Over 7%
The unemployment rate fell to 4.3% in July, one of the lowest levels in years. However, there are parts of the country were the jobs situation is still at Great Recession levels.
Can Unemployment Rate Drop Below 4%?
It has been decades since the annual U.S. unemployment rate was under 4%. But the rate has started to head back in that direction.