US Car Sales Expected to Fall Sharply in July
Car sales in the United States continue to fall after two record years. But a couple of manufacturers are expected to dodge the trend.
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Douglas A. McIntyre
Fiat Takes a Beating in New Consumer Auto Study
The battering of Fiat continues as it finished next to last in the new J.D. Power 2017 U.S. Automotive Performance, Execution, and Layout (APEAL) study.
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Facebook, Volkswagen and Huawei posted impressive results, Amazon.com plans to hire 50,000 Americans, and more headlines.
Short Interest in AT&T Surges as Worries About Wireless Grow
Despite AT&T's efforts to reinvent itself, Wall Street is not convinced. Shares sold short rose by more than 8 million for the period that ended July 14.
Short Interest in Apple Drops Almost 3 Million Shares Ahead of Earnings
The short interest in Apple dropped by 2.7 million shares to 39.1 million ahead of earnings. The figures are for the period that ended July 14.
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Viacom reportedly is willing to make a cash offer for Scripps Networks Interactive, the United Kingdom may ban the sale of new gas and diesel powered cars, and more headlines.
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Softbank will try to buy a multibillion dollar position in Uber, Michael Kors will buy Jimmy Choo, and more.
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KKR is close to a deal to buy WebMD, the CEO of Time Warner will leave the company after its buyout by AT&T, and the IMF has reaffirmed its outlook for global growth.
Gas Prices Linger Above $3 in Some Parts of California
Most of the nation has enjoyed extremely low gas prices for summer driving with the average price for a gallon or regular around $2.30. The AAA claims that some of these prices are among…
Exceptional Drought Levels Move Toward Zero In U.S.
At one point, the U.S. Drought Monitor map showed the presence of “exceptional drought”, the worst category designated by researchers, across much of California and a large portion of the areas of northern Texas…
Apple, Shares Up 30% This Year, Still Seen As Bargain
Nothing much has really happened at Apple (NASDAQ: AAPL) this year. It has released strong but not spectacular earnings. It has updated some of its products, particularly the Mac, which is a small part of…
Unemployment Rate Drops in 10 States During June
As the national unemployment rate hit 4.4% in June, unchanged from the month before, the number dropped in 10 states, a sign that the jobs recovery is uneven. According to the Bureau of Labor…
Investors Look to IBM Director Michael Eskew for Decision About Company’s Future
After another disastrous quarter and a share sell-off, investors want changes at IBM. The company has attempted a year’s long but unsuccessful turnaround under CEO Virginia Marie “Ginni” Rometty. The most logical place to…
Google Holds Place as Most Visited Site, Followed Closely by Facebook
They call Facebook (NASDAQ: FB) and Alphabet’s (NASDAQ: GOOGL) Google the online duopoly. The two companies control most of America’s online revenue and the pie left for others has shrunk so fast it has…
Ford Releases Police Pick-Up, Similar To One Anybody Can Buy
Ford (NYSE: F) has been the leading producer of full-sized pickups for decades. Its F-150 has long been the top selling vehicle in the U.S. beating out even the most popular cars. The No.2 U.S.…
China Wants To Become Leader In Artificial Intelligence, Somehow
The Chinese government means to become a major leader in the world of artificial intelligence, via a massive investment in the sector. What The State Council, which disclosed the initiative, did not note is that…
YouTube Ups Battle Against Extremism Video
Alphabet’s (NASDAQ: GOOGL) video operation YouTube is generally considered the largest video destination in the world. With its hundreds of millions of visits and billions of videos viewed each day, it has trouble tracking…
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The North Korean economy grew by 3.9% last year, the fastest rate since 1999, according to the Bank of Korea, South Korea’s central bank. Amazon (NASDAQ: AMZN) may mislead customers when it offers discounts,…
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The Congressional Budget Office said a repeal of Obamacare would increase the number of uninsured Americans by 32 million by 2026. It would also cut federal budget deficits by $473 billion over the same…
Obamacare Repeal Would Increase Number Of Uninsured By 27 Million In 2020
The Congressional Budget Office forecast a massive balloon in the number of Americans without insurance if Obamacare repealed. The number of uninsured would rise by 27 million in 2020. The Republican effort to repeal the legislation…