Gas Prices Rise to $4 in Parts of California
With the national average price for a gallon of regular at $1.83, the price in some parts of California is 120% above that.
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Douglas A. McIntyre
Tesla’s Shares Hit 52-Week Low as Wall Street Abandons It
Tesla shares reached a 52-week low as investors fretted about late deliveries, production capacity and rising competition from some of the world's largest manufacturers.
Unemployment Above 10% In Some California Cities
When the Bureau of Labor Statistics “Civilian labor force and unemployment by state and metropolitan area” for December comes out later this month, it will show that, while the national jobless rate has dropped…
Gas Price Drops to $1.18 in Oklahoma
In several locations around Oklahoma City, the price for a gallon of regular gasoline has fallen to $1.18, according to GasBuddy.
American Express Is Worst-Performing Dow Stock, Down 22%
While the Dow has dropped 7% this year, one of its 30 components, American Express, has done substantially worse.
Verizon Is Best-Performing Dow Stock, Up 10%
The Dow is down 7% for the year so far, but Verizon Communications has risen more than 10%, the best among the 30 stocks that comprise the index.
Uber Drivers to Protest at Super Bowl
Uber drivers are sick of being kicked around, at least as they see it. While the company’s management gets rich on their shares (which the current valuation collapse of unicorns may have made useless),…
Gas Price Tops $5 in California
The price for a gallon of regular gasoline has risen to about $5 in San Francisco, according to GasBuddy.
Legal Marijuana Sales to Hit $22 Billion by 2020
The legalization of marijuana has and will spread rapidly from state to state. The rise in sales largely will be due to recreational use.
Tennessee, Oklahoma Among States Least Likely to Legalize Marijuana
Several states are unlikely to legalize marijuana at all, at least until a federal law approves pot for recreational use in every state.
Gas Price at $5.99 Near Disney Resorts in Florida
Even if gas prices drop, the unique situations of the two stations outside Orlando won't change. They sit is a small area where they can get away with gas prices near $6.
Vermont Next State Likely to Legalize Marijuana
Vermont is likely the next state to legalize marijuana, based on a 24/7 Wall St. analysis of the industry. New information buttresses the argument.
Mercedes smart Brand May Follow Toyota’s Scion Death
Toyota killed off its Scion brand due to miniscule sales. The Mercedes smart brand may be next, at least in the United States.
Mercedes Sales Crush BMW
The race between Mercedes and BMW for U.S. monthly sales is usually close. Not so in January.
Lincoln Sales Rise as Cadillac Craters
Sales of troubled luxury car brands Lincoln and Cadillac moved different directions in January.
Eurozone PMI Slows
According to research firm Markit, eurozone PMI growth slowed to a four-month low, another sign the economies in major nations face challenges.
Russia PMI Collapse Most in 10 Months
Russian PMI figures will cause more concern about the downward spiral of Russian gross domestic product, which has started to match or exceed the Great Recession.
Can Ford Sell 900,000 F-150 Pickups in 2016?
The new version of the F-150 has caught on with pickup consumers. Can the momentum continue enough for F-150 sales to rise 15% to 900,000?
Sales of Wearable Devices to Reach 275 Million
Global sales of wearable devices will reach more than 274 million this year, according to research firm Gartner.
BP Fires 7,000 but Keeps Dividend
BP, the oil giant that is barely clear of its Deepwater Horizon oil leak debacle, said it would fire 7,000 people as it posted a net loss. It will, however, maintain its dividend.