Beverly Hills Mansion Hits Market With $129 Million Price Tag
A huge Beverley Hills home has hit the market with a $129 million price tag, but that is $66 million less than where it was previously listed.
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Douglas A. McIntyre
‘Beauty and the Beast’ Sales Cross Three-Quarters of $1 Billion
Walt Disney's remake of "Beauty and the Beast" has sold more than $750 million in tickets worldwide, and it is expected to be number one at the box office for the third weekend in…
Google Sites Remain Leaders in Traffic as Facebook Gains
Google led all U.S. sites in traffic during February. The search engine site and others owned by Alphabet were visited by 238 million unique users over the course of the month.
Can Tronc Hit Its Revenue Goal of $1.6 Billion?
In the midst of a battle between its two largest shareholders, the critical question of whether Tronc can reach its 2017 revenue guidance of $1.6 billion has been almost entirely lost.
Bezos vs Buffett: Amazon Worth as Much as Berkshire Hathaway
Amazon's founder, Jeff Bezos, and Berkshire's founder, Warren Buffett, have become two of the wealthiest people in the world, almost entirely thanks to the success of the two companies they run.
Mercedes Seized 1.6 Million Counterfeit Parts Last Year
The market in counterfeit auto parts has to be in the tens of millions. Mercedes parent Daimler said it alone has seized 1.6 million fake parts for its automobiles last year.
March Consumer Confidence Index Hits 16-Year High
March's Consumer Confidence Index reached a 16-year high, according to the Conference Board.
Tesla Car Hits Phoenix Police Motorcycle
A Tesla vehicle ran into a Phoenix police motorcycle last week, but no one was injured. Was the car was in autopilot mode when it began to move?
New Apple Watch May Have Cellular Connection
Will the new Apple Watch may have the ability to connect to cellular networks? One analyst thinks so.
Car Inventories Balloon to Highest Level Since 2009
Car inventories, measured by the average amount of time a car sits on a dealer lot before it is sold, reached 70 days for the first 19 days of March.
National Gas Price Drops for Third Straight Week: 40 States Post Lower Prices
Gasoline prices have fallen for a third straight week, down to $2.28 per gallon on average for regular nationwide. It is the first time since at least 2008 that average gas prices did not…
Nearly 20% of Americans Think Global Warming Is Exaggerated
Almost 20% of Americans think news about global warming is exaggerated. They also don't have much concern about climate change.
Twitter Leads Social Media in Anti-Semitic Posts
During a period when hate messages have swept onto social media, a new study shows that the leader in the anti-Semitic category of posts on social media sites Twitter is (NYSE: TWTR). And its lead…
Lincoln Resorts to Incentives for New Continental
The iconic Lincoln Continental, resurrected by the Ford (NYSE: F) luxury division to be its flagship was added to the brand’s line up this year.. Lincoln has started to give buyers aggressive discounts, a…
Ford Sales Expected to Slide Sharply in March
Ford's U.S. sales are expected to drop sharply in March while industry sales are expected to rise, according to Kelley Blue Book.
Gannett Share Price Shows Doubts About New Tronc Bid
Gannett's share price has stayed relatively steady since a battle broke out between the two largest shareholders of Tronc.
New China Airliner Major Threat to Boeing
Boeing recently said that Asia, and particularly China, are the key to its future growth. China just put up a barrier to those ambitions.
Home Made From Lighthouse Is Widely Popular
According to Realtor.com, the most widely searched house at its site this week is a home on Chesapeake Bay that is created from a lighthouse.
Easter Spending Expected to Reach $18 Billion
Although its lags behind the big year-end holidays, Easter is a boom time for many retailers. Consumers will spend a record amount on the holiday this year.
Stock Market Ignores War Between Big Tronc Shareholders
There is a war for control of newspaper publisher Tronc that pits its two largest shareholders against one another.