As Corruption and Oil Production Rule, Moody’s Cuts Brazil’s Rating
Moody's has downgraded Brazil's debt. Among the primary drivers were not the recent scandals, but the level of debt the country has created.
All Work
Douglas A. McIntyre
Oil Inventory to Stay High in 2016, Even With Greater Demand
Don't expect oil prices to rise next year. As a matter of fact, they may fall, according to the IEA.
Can Google’s New Structure Take Stock Back to All-Time High?
Google continues to trade below its all-time high, but there is a chance it will close that gap with the new Alphabet restructuring.
China Car Sales Fall as Air Pollution Becomes Threat
The China Association of Automobile Manufacturers released figures for July that show car sales have collapsed after a year that has posted an uncharacteristic slowdown.
Amazon Makes Big Push of Its Own Consumer Electronics
Amazon has shifted gears recently, pushing its consumer electronics products, some of which are not profitable, at least according to many Wall Street analysts.
Gas Drops Below $2.25 in Some States
If recent history is any guide, the price of gas nationwide will move to $2.25, and a number of states will drop to prices much lower.
September iPhone 7 Launch Gets More Important
It used to be Apple just had to post exciting iPhone numbers. Now, it just has to post them in China too.
Can Tesla Sell 100,000 Cars Next Year?
There is nothing of substance to keep Tesla from selling 100,000 vehicles next year, if it can launch a new model on time, and then can build it.
Homes Worth $200 Million at Risk Due to California Wildfire
The huge Northern California Rocky Fire has burned 70,000 acres and is not close to being contained. Homes valued at over $200 million are at extreme risk.
Airline Fees Hit $38 Billion
U.S. airlines collected $38 billion in fees last year, for everything from luggage handling to changing scheduled flight times.
Youth and Black Unemployment Drags Down National Numbers
Based on recent government numbers, 9.6% of black Americans and 18.5% of people 16 to 19 years old were unemployed.
States Where Unemployment Is Still Above 7%
As U.S. unemployment falls toward 5% and the economy adds close to 200,000 jobs a month, the recovery remains extremely uneven, with two states at or above 7%.
Greek Unemployment Still at 25%
The Greek statistics bureau Elstat reported that unemployment dropped in May, but it would be misleading to call this change progress.
Why People Do Not Want Tesla Cars
Where are the tens of thousands of people waiting for their new Tesla automobiles? Maybe Tesla sells cars that are too expensive. Maybe its cars are niche vehicles for which there is not much…
Why Adidas Wants to Dump Golf
Adidas delivered a strong quarter. The primary weakness was in its golf division, which it might dump.
Disney Conquers Broadway
Wikimedia CommonsDisney’s (NYSE: DIS) success on Broadway dates all the way back to 1994, when Beauty and the Beast dominated ticket sales. The musical rendition of the massively popular movie of the same name,…
Battered Flint Michigan Gets GM Plant, but Not Jobs
General Motors says it is investing in a new plant in Flint, but apparently it will not bring any jobs to the city.
Atlanta, Chicago Claim Top Spot in Wireless Survey
In the new RootMetrics survey of overall wireless service in the nation's 125 most populous markets, Atlanta and Chicago easily finished at the top.
Sprint Continues Takeover of RadioShack Stores
In among the remarkably complex set of numbers Sprint issues with its quarterly earnings was a description of its plan to add stores using RadioShack locations.
Lincoln Sales Rise, as Mercedes and BMW Flatten and Cadillac’s Crash
Lincoln, which has been the whipping boy of the luxury car makers, made impressive gains in U.S. sales during July, while sales of market leaders Mercedes and BMW flattened.