Dropbox Reaches 500 Million Users, but Do They Have Value?
Online storage company Dropbox reached a milestone as its user base hit 500 million. It is not clear that Dropbox can turn that into value, as far as investors are concerned.
All Work
Douglas A. McIntyre
Netflix Shares Up 48% in Past Year
Despite a recent sell-off due to analyst concerns, shares of Netflix have risen 48% in the past year, compared to a 4% dip in the S&P 500.
Gas Drops to $1.13 in Arizona
Oil prices may have moved up over the past three weeks, but that has not kept gasoline prices in some areas of the United States from staying just above $1.
Porsche Panamera Price Reaches $264,000
The base price for the Porsche Panamera Sedan is around $78,000. The company has a nearly $264,000 version of the car, but is it worth the money?
Drone Price Hits $10,000 on Amazon
Amazon.com sells drones for a little as $40. At the high end of the drone spectrum, Amazon has drones priced at $10,000.
Black Unemployment at 9.6%
While the 2015 average U.S. national unemployment rate sat at 5.3%, the rate among African Americans was 9.6%.
Ford’s $60,000 F-150
Usually the F-150 is marketed as a modest-priced truck for the average pickup buyer with a $30,000 budget, but Ford has a version of the vehicle that sells for $60,000.
Verizon Is Best Performing Dow Stock, Up 12% in 2016
As the market seesaws and tumbles, and some tech companies have seen their stock prices reset down 10% or lower, Verizon is an island of safety in roaring seas.
NRA Raises Dues for First Time in 20 Years
Perhaps the surge in gun ownership has increased its membership so quickly that the NRA believes it can raise its rates without the consequence of losing current members.
Flint Unemployment at 4.6%, Better Than National Average
The dying city of Flint, Mich., has a 4.6% unemployment, which is rate below the national rate, but the data mask crippling problems.
Gas Price Over $5 in California
While the price hovers around $1.75 for an average gallon of regular gasoline nationwide, it has moved above $5.00 in one part of California.
Home Flipping Soars, Led by Nevada
The markets with the largest percentage of home flippers are Nevada and Florida, each damaged deeply by the busting of the housing bubble. They are followed by Alabama, Arizona and Tennessee.
Can an Editor Be a Publisher? Tribune Publishing’s Big Gamble
Tribune Publishing has gotten rid of its publishers, who traditionally handle business operations at the properties. Editors will become publishers as well.
New York City Has Worst Commute Time, Buffalo the Best
The largest city in the United States has the longest commute time. A rapidly shrinking city has the shortest, according to housing site Trulia.
Costco Posts Mediocre Results
Costco Wholesale's earnings were not particularly impressive. The big-box retailer posted numbers that show its expansion has come down to earth.
Mercedes Beats BWM in February
In the race for United States between the two largest German luxury car manufacturers, Mercedes won in February.
Lincoln Clobbers Cadillac in Growth During February
February sales results for the two U.S. luxury car brands showed growth in the sales of Lincoln, while Cadillac sales were flat.
Moody’s Cuts China Outlook as Prospects Wither
Moody's has downgraded the outlook on China's sovereign debt from "stable" to "negative." For the time being, its senior unsecured debt will keep its Aa3 rating.
San Francisco Has America’s Most Expensive Rents
Home prices in the Bay Area from San Jose to San Francisco are the highest in the country, according to Apartment List.
Is Competition Killing Dropbox?
Dropbox has growing competition, and much of it is from larger companies that have more balance sheet and marketing firepower.