AutoNation Dumps TrueCar
Depending on the point of view of each company, either AutoNation dumped TrueCar or the other way around.
All Work
Douglas A. McIntyre
PC Sales Fall 11% in Q2
The personal computer business, under siege for so long because of the rise of smartphone use, has taken another hit, according to industry research firm IDC.
IEA Expects Global Demand Drop
The International Energy Agency (IEA) expects a perfect storm will push down oil prices. That is good news for the U.S. economy.
Taxing Tobacco to Reduce Smoking
If the World Health Organization (WHO) has its way, increases in national tobacco taxes may curtail tobacco use around the world.
Taco Bell Starts Home Delivery
The Taco Bell unit of Yum! Brands has begun home delivery in a number of metros. Taco Bell may become Pizza Hut's largest enemy.
Apple Shares Down Before Earnings
Apple faces two challenges. The first is sales of the Apple Watch, which apparently has not caught consumer imaginations the way that the iPhone did.
China’s Hang Seng Down 7%, Nikkei Off Over 3%
Whatever the Chinese government thought it was doing to put a foundation under stock prices has not worked.
Americans Lift Back-to-School Spending
American parents will spend more this year than last and begin back-to-school shopping earlier. In theory, it is a good sign for the economy.
Samsung Trouble Good for Apple
Samsung took the lead in smartphone sales from Apple three years ago and held it for over a year. Can Samsung get that edge back in the foreseeable future?
Google Self-Driving Car Has 2 Crashes
Google puts out a monthly report on the activity of the unit that runs its self-driving car initiative. The June report disclosed two accidents.
Amazon to Offer Huge Discounts on ‘Prime Day’
July 15 marks "Prime Day" for Amazon.com, a day on which the e-commerce and cloud company will offer what it says are a number of deals that will exceed Black Friday.
Europe Stocks Recover After Greek Sell Off
After dropping by over 2% in early trading, all major indexes in Europe have recovered to the point that they have only fallen 1%.
Most Asia Markets Fall, Japan Plunges
An attempt by China to buy its way into support of falling markets barely worked. The government reasoned that if it could build enough buying on its own accounts, its collapsing markets would recover.
Detroit’s $1,000 Homes
While there is little or no sign of the success of Detroit’s program to sell homes for as little as $1,000, the opportunity continues.
China Has World’s Fastest Trains, US Lags
ThinkstockAs Amtrak trains lumber along at speeds much less than 100 mph, and are susceptible to fatal crashes, China has some legs of its railroad system where trains speeds top 180 mph (283·4 km/h). So much…
Gas Remains Above $3 in 7 States
The cost of gasoline is still low compared to a year ago and has flattened recently at about $2.76 for the average price for a gallon of regular nationwide.
More Than 2 Million People Still Unemployed Long Term
The ranks of the long-term unemployed were 2.1 million in June, according to the Bureau of Labor Statistics. That stands at over a quarter of all unemployed people.
Apple Seizes Smartphone Share From Rivals
Google Android helped smartphone manufacturers to seize market share from Apple for years. That trend has reversed, at least in the United States.
America’s Hottest Housing Markets
There are a number of ways to define hot housing markets, ranging from price increases to new housing starts. Realtor.com has come up with its own.
BMW Beats Mercedes in June Sales
The battle between the two largest luxury car companies based on sales goes back and forth most months. In June, BMW was the leader.