Xerox Shares Plunge 31% in a Year
The market continues to pressure Xerox's shares, as questions about its viability as an independent public corporation dog it. Its shares have dropped 31% in the past year.
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Douglas A. McIntyre
Apple Short Interest Drops Despite Share Price Problems
Apple still ranks eighth on the list of most shorted shares of companies traded on Nasdaq.
IBM Tops Patent List, Followed by Samsung and Canon
According to research firm IFI CLAIMS Patent Service, IBM led all recipients of U.S. patents in 2015.
PC Sales Drop to 72 Million in Q4
Personal computer sales worldwide dropped more than 10% in the fourth quarter, according to research firm IDC.
Short Interest in Tesla Above 27 Million Shares
The short interest in electric car company Tesla Motors remained flat in the period that ended December 31, but it represents more than 28% of the company's float.
Apple iOS 9.3 Adds Night Vision
Apple added a night vision feature in its iOS 9.3, the latest version of its operating system. That will not reverse the impression that Apple's business is in decline.
Starbucks Offers 40% Discount on Holiday Merchandise
Dumping old inventory is usually a sign of desperation. In the case of Starbucks, it is just good business.
Porsche Delivers 225,000 Cars in 2015, as China Sales Rise 24%
As has been the case with most international luxury car companies and brands, Porsche had an extraordinary year in 2015.
Youth Unemployment Remains Above 16%
No matter what the exact cause, an unemployment rate among the young that is three times that national average represents trouble for the economy in years to come.
Amazon Offers State of the Union Video a Day Late
Amazon.com will offer streaming versions of President Obama's final State of the Union Address a day after the event.
New York Launches Medical Marijuana
The New York’s Medical Marijuana Program launches this month. It is part of a series of state initiatives to either legalize marijuana for either medical reasons or use by the general population. A look at marijuana legalization…
Toyota Camry Is Best-Selling Car of 2015
The Toyota Camry was the best-selling car in America in 2015, according to an analysis of car sales by 24/7 Wall St.
JPMorgan Shares Down 11% So Far in 2016
JPMorgan's share price is down more than any other Dow Jones Industrial Average component so far this year.
Massachusetts Has Best Public Schools in America
Massachusetts leads the nation as the state with the best public schools, according to a 24/7 Wall St. review of education data from the Education Week Quality Counts report.
Top Grossing Films of All Time
“Star Wars: The Force Awakens” is the No. 1 grossing movie in American history, according to producer Disney. In just 20 days, the seventh installment of the “Star Wars” franchise raked in more than…
Why It Is Time to Replace United CEO Munoz
It is time for the board of United Continental to replace CEO Oscar Munoz, as his ailing heart has kept the company he runs in management turmoil.
IBM Watson Dies at CES as Shares Near 52-Week Low
While IBM says approximately 80,000 programmers have put Watson into apps and other software, the company has little to show in terms of revenue.
Can Sears Avoid Layoffs? (UPDATED)
Kmart, Sears and J.C. Penney almost certainly had poor fourth quarters. Most likely, none of them can afford to keep store counts at current levels.
Gas Prices Tumble Toward $1 as Crude Collapses
As oil prices fall, and refinery capacity stays strong, the price of gas could reach $1 a gallon in some areas, a level last reached in 1999.
Volkswagen to Buy Back Approximately 115,000 Cars in US — Sueddeutsche Zeitung
The financial viability of Volkswagen can be questioned once again, based on rumors of a huge buy back of cars sold in the United States.