Airline Stocks: It’s Fuel Prices and Passenger Loads, Stupid
The number of complaints filed against airlines rose sharply in April, but the number still is actually quite small do not affect share prices.
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Douglas A. McIntyre
6 Most Important Things in Business Now
Snap's share price has fallen back to its IPO price, quarterly results at Kroger were disappointing and Bitcoin valuations have collapsed.
Father’s Day Spending Expected to Top $15 Billion
Father's Day retail spending is expected to to reach a record $15.5 billion, according to the National Retail Federal.
6 Most Important Things in the Business World Now
The initial public offering of Saudi Aramco has been delayed, Mattel has slashed its dividend, and are the Federal Reserve's plans for future rate increases flawed?
Forecast of $7 Trillion Driverless Car Industry by 2050
In a new survey Intel commissioned, the forecast is that the driverless, or autonomous, car market will hit $7 trillion a year in 2050.
6 Most Important Things in Business Now
The IEA predicts when oil demand will pick up again, the Federal Reserve is expected to bump up interest rates and Boeing continues cost-cutting at its defense business.
Lincoln SUVs Slammed for Poor Headlights
Headlights might be a small thing, but problems there are a symptom of something bigger. The whole SUV has to be good, even the headlights.
Can Apple Sell 240 Million iPhone 8 Units?
The consensus among Wall Street analysts is 240 million iPhone 8 units will be sold in Apple's 2018 fiscal year. Can Apple sell that many?
Sony Has Sold Over 60 Million PS4 Units Worldwide
Sony sold more than 60 million PlayStation 4 game consoles between the day it was launched on November 15, 2013, and June 11 of this year.
6 Things in the Business World You Need to Know Today
Uber's CEO has kept his job, investors continued to sell down top tech stocks and Fitch names several retailers that may be unable to survive.
McDonald’s Uses Snapchat to Add 250,000 Summer Jobs
McDonald’s Corp. (NYSE: MCD), one of the oldest fast food companies in the world. will use one of the newest social media networks, Snap Inc.’s (NYSE: SNAP) Snapchat to recruit 250,000 summer workers. The…
6 Things You Need to Know: Apple Downgrade, New Xbox and More
Mizuho Securities downgraded Apple, Microsoft is set to launch Xbox One X and will Uber's CEO keep his job?
Chevy Offers 17% On Troubled Silverado Pickup
GM’s (NYSE: GM) Chevy has struggled to sell its Silverado pick up this year. One of its solutions is massive discounts. A current one offers 17% off on one of the Silverado models. Through the…
Wounded Watson, IBM Shares Fail to Recover
International Business Machines Corp. (NYSE: IBM) shares haven’t recovered from the beating they took earlier this year. Despite the company’s effort spending tens of millions to promote Watson, its artificial intelligence and cloud flagship,…
One Person In California Wins $448 Million Jackpot
One ticket. One very rich persons. Someone n California holds the Powerball ticket worth $447.8 million. The numbers on the ticket are 20, 26, 32, 38, 58. The Powerball is 3. The LA Times…
Why One of the Most Expensive Mercedes Cars Gets Poor Ratings
The Mercedes G63 AMG, looks like a massive box on wheels. One of the major car research companies does not think much of the hulking SUV.
Quarterback’s Home in Illinois on Market for $4.75 Million
The mansion of Chicago Bears quarterback Jay Cutler topped the list. The house Lake Forest, Illinois, is on the market for $4.75 million.
6 Most Important Financial and Economic Stories Today
Apple hires a digital health executive, Snap is the most shorted tech stock and Ford will offer buyouts to thousands of salaried workers.
Volkswagen Slashes 9,300 Workers
Volkswagen has become the latest big car manufacturer to downsize in the face of stagnant global car sales and a push to have its plants be more efficient.
S&P Cuts Qatar Rating Over Dispute With Other Nations
S&P slashed its rating of Gulf nation Qatar due to the nation's dispute with seven others in the region.