Toyota Prius Sales Drop 11%
Prius sales in the United States fell nearly 11% in 2015. No one knows for certain why this happened.
All Work
Douglas A. McIntyre
IBM’s Crippled Earnings Forecast May Push CEO Ginni Rometty Out
Another year, another disappointment for IBM. While cloud computing revenue continues to grow, the balance of the company is very deeply troubled.
Nielsen to Use Facebook in Ratings, May Cripple Some Shows
Nielsen has caught up to the rest of the world. Whether it will help its TV clients is another matter.
Shell Fires 10,000 Workers
As its fortunes collapse due to falling oil prices, Royal Dutch Shell will fire 10,000 people in an effort to bolster margins.
How Much of Manhattan Could Be Ravaged by Flood?
An analysis by the New York City Panel on Climate Change should comfort those who believe the island will be underwater in the next few years.
Puerto Rico’s Economy by the Numbers
A new report from the office of the Governor of Puerto Rico claims it cannot generate enough money to pay for more than $24 billion in debt that comes due in the next 10…
China Risks Trigger IMF Downgrade of Global GDP
The International Monetary Fund (IMF) has cut its forecasts for global gross domestic product improvement for this year and the next.
Twitter Crashes
Twitter Inc.’s (NYSE: TWTR) services are down, at least here. The company reported: Some users are currently experiencing problems accessing Twitter. We are aware of the issue and are working towards a resolution. Attempted…
‘Grim Economic News’ Pressures Oil — IEA
The International Energy Agency (IEA) commented in its January Oil Market report that the downward pressure on oil was due to a small number of large factors.
Chevy Discounts 2015 Silverado by $9,750
Presumably, Chevy wants to clear out a portion of its 2015 Silverado inventory. It makes sense, since the company already has 2016 models in dealerships.
Gas Drops To 77 Cents In Michigan
Gas prices, just below $2 nationwide based on the average cost of a gallon of regular, have dropped to 77 cents at one station in Houghton Lake, Michigan, according to GasBuddy. The price is…
Apple Drops Less Than Dow In 2016
Apple’s shares have been beaten down for months, primarily due to concerns about stalling sales of the iPhone 6 family of smartphones. As some analysts upgrade their ratings on the stock due to arguments…
Verizon Is One Stock To Hold As Market Collapses
A vault like balance sheet, decades of profit and dividend payments, presence in a growing tech sector, and several businesses nearly immune to recession. Verizon (NYSE: VZ). 24/7 Wall St. co-founder and c0-editor-in-chief gives…
Wal-Mart Still Has 11,200 Locations
Wal-Mart said it will close 269 stores worldwide. The announcement was treated as a retreat by the press.
DuPont Biggest Dow Loser in 2016, Down 19%
Among the 30 Dow Jones Industrial Average components, shares of DuPont are down the most so far in 2016.
Wal-Mart Is Best-Performing Dow Stock of 2016
Only one Dow Jones Industrial Average component has shares that have posted a gain so far this year. Wal-Mart's stock is up 1%.
Holiday Retail Sales Rise 3%, Miss Target
Retailers saw a 3% rise in holiday sales for November and December combined to $626 billion, according to the National Retail Federation.
Why Foursquare and Twitter Are Worth Less
According to several sources, Foursquare, the social location app company, raised $45 million, as its valuation fell by nearly 50% from its peak of $650 million.
BHP Takes $7.2 Billion Write-Down on US Shale
The low price of oil has begun to cripple big oil nearly as much as smaller shale producers. BHP Billiton has written down its assets in several areas in the United States.
Baidu as a Symbol of China’s Problems
Baidu no longer has the hot hand in global search. Its unfortunate prospects may not be its own doing.