Will Staples Close 200 Stores?
Staples will need to close a large number of stores, likely close to 200, based on its sales trends. Its current model is too inefficient.
All Work
Douglas A. McIntyre
US Holds 8,134 Tonnes of Gold
According to the first-quarter report of the World Gold Council, the United States held 8,134 tonnes of gold, more than double the next two countries on the list.
Macy’s Continues to Disappear
Macy's has already cut stores in an effort to downsize. The decision was too little too late. Shares of the retailer fell more than 13% to a new 52-week low Wednesday morning.
Why Is the NRA Giving Away a Jeep and 2 Guns?
The National Rifle Association (NRA) is raffling off a Jeep and some guns. Anyone can enter. Anyone. That seems not to make sense.
3 Ways to Cut USPS Losses: Chop People, Offices and Delivery Days
The U.S. Postal System (USPS) is headed toward a major restructuring, caused by losses that it cannot sustain as it is currently constituted.
Short Interest in Twitter Jumps Higher
Twitter may be dying. Something has triggered a more than 8 million jump in short interest in Twitter's stock to more than 63 million.
Short Interest in Apple Moves Higher
Short sellers slightly favored the pessimistic view as short interest in Apple shares increased almost 4 million to total more than 56 million late last month.
Staples Merger With Office Depot Killed
The Staples and Office Depot merger deal has been cancelled under pressure from the FTC.
America’s Biggest City, Sitka, Is Twice the Size of Rhode Island
The largest city in the United States based on square mileage is Sitka, Alaska, incorporated at is current size in 2000.
Analyst Calls on Apple Stay Positive as Shares Drop
Deep trouble at Apple has not stopped a large number of analysts who still support the stock and have even given it Strong Buy and Outperform ratings.
Chicago Cubs Tickets, at $160, Are Most Expensive in Baseball
Among the teams that make up Major League Baseball, ticket prices per game range from $160 for a Chicago Cubs game to $56 for tickets to the Colorado Rockies.
US Postal System Hurtles Toward Financial Restructuring
A restructuring of the USPS likely will be necessary, which means tens of thousands of layoffs, post office closings and delivery cuts to four days.
Gas Prices Near $3 in Large California Cities
As hope falters there will be an agreement among large oil-exporting countries that would drop production below current levels, gas prices in more of California will be $3 soon.
5 States Where Incomes Are Soaring
Nationwide, personal income rose more than 14% from 2010 to 2015. In five states, the rise in income was much sharper than the national average.
Los Angeles Home Priced at $150 Million
The most searched home on Realtor.com last week may be the most expensive in the United States. It is an L.A. mansion on the market for $150 million.
Analysts Drop Twitter Stock to Sell
As problems at Twitter deepen, more and more analysts have cut their ratings. Bank of America has cut the stock from Neutral to Sell, and JPMorgan from Overweight to Neutral.
$1 Worth Only 87 Cents in New York
One dollar is not one dollar throughout most of the United States. That is because of differences in the cost of living from place to place.
Only 6 States Have Gas Prices Below $2
As oil prices rise, and the national average for a gallon of regular gasoline reaches $2.21, only six states still have gas prices below $2.
Powerball Lottery Winner Takes Home $430 Million: 12 Things That Winner Must Not Do
Is it possible that the new American dream has become winning the lottery? For some lucky soul in New Jersey, it has. That person won the $430 million Powerball jackpot.
Analysts Rate Facebook as Strong Buy
Despite the run-up in the share price of Facebook, security analysts rate the stock a Buy. Last quarter, Facebook posted extraordinary numbers.