6 Most Important Things in Business Today
Saudi Arabia will chop its oil exports in August to the lowest level of the year, Twitter has a new chief financial officer and Snap shares dropped below their initial public offering price.
All Work
Douglas A. McIntyre
Macy’s Shares Gutted by More Bad Retail News, Fear It Cannot Survive
Of all the retailer shares that dropped yesterday, deeply troubled Macy's fell the most, a sign of how fragile Wall Street thinks the company is, and raising questions about its possibly terrible future.
6 Most Important Business Stories Today
Activist investor Daniel Loeb continues to pressure Nestle to improve its stock and financial performance, the global investment in energy dropped sharply again in 2016 and Microsoft has a plan to bring broadband to…
Without Tronc Offer, Chicago Sun-Times Could Close
The owner of the Chicago Sun-Times, the city's second-largest paper, may shutter it if the U.S. Department of Justice blocks Tronc, the owner of the largest paper in the city, from buying it.
Tesla Takes Bottom Spot in Dealer Satisfaction Survey
When a group of shoppers was sent to major car dealers to measure their experiences as they shop for a new car, Tesla's did poorly because of uneven customer treatment from dealer to dealer.
6 Most Important Things in Business This Morning
The head of Saudi Aramco said that oil prices eventually will rise, Elon Musk has unveiled the Tesla Model 3 and the new Spider-Man movie was a huge hit.
Does Kroger Have Too Many Stores?
Kroger (NYSE: KR), according to many people who follow the grocery business, faces an onslaught of competition, primarily from Amazon (NASDAQ: AMZN) which recently bought Whole Foods (NASDAQ: WFM). The huge bricks and mortar…
Will Sears Open More Stores?
The owner of Kmart and Sears has become famous for a relentless incidence of store closings. Yet, like some other retailers, it has adopted the tactic of exploring whether niche locations will thrive.
Why Oil May Drop to $40 a Barrel
The head of commodities and derivatives strategy at Bank of America Merrill Lynch says oil prices could bounce up and down in the near future but will find a floor at $40.
Half of NRA Members Own 5 or More Guns
National Rifle Association members are extremely different from non-NRA members, according to a new Pew Research poll.
Is Morale Among Starbucks Store Workers at a 9-Year Low?
A Coworker.org petition states that Starbucks staff levels have hurt customer service and damaged morale. One worker said that morale is at a nine-year low.
What If the iPhone Cannot Be Sold in the US?
It seems to be a stretch, but Qualcomm has asked the U.S. International Trade Commission to block the import of iPhones, which the chip company says rely on six of its patents, into the…
Chevy Bolt Sales Vault Into Thousands
With all of the publicity about the launch of the Tesla Model 3, it is easy to forget that Chevy already has started to sell thousands of its Bolt all-electric car.
6 Most Important Things in Business This Morning
France wants to end sales of gasoline and diesel powered cars, Microsoft plans to cut close to 4,000 jobs and Berkshire Hathaway will buy a huge electric energy company.
Tesla Fails to Get Top Safety Award in Crash Tests
Tesla's Model S failed to secure the Insurance Institute for Highway Safety's top award, while the Mercedes E-Class and Lincoln Continental did.
6 Most Important Things in Business Today
Saudi Aramco chopped oil prices for its supply to Asia, the United States cut the size of its huge strategic oil reserve and Tesla sedans failed to get a Top Safety Pick+ rating from the…
Unemployment Rate Drops in 298 of America’s 388 Cities
The extraordinary improvement in the U.S. labor market includes the great majority of American cities.
6 Most Important Things in Business Now
Volvo said all of its new cars sold in 2019 and after will either be electric or hybrid, Qatar said it will sharply increase natural gas production and Samsung may pass Intel as the…
Volvo Car Sales a Wreck in June
Volvo's US sales fell 15% in June. The brand, owned by China's Geely, is supposed to be that country's first foray into the luxury US car market.
Cadillac Sales Hammered in June as Flagship Sales Stall
Cadillac sales fell by nearly 12% in June and are down more than 1% in the first half of 2017. The company is clearly hoping that June was an anomaly in an otherwise good…