GM Able to Raise Average Car Price by 8%
The car company that has been most able to aggressively raise prices is General Motors. What it can charge for the average vehicle it produces and sells has risen 8.2%.
All Work
Douglas A. McIntyre
NYSE Suspends RadioShack Trading, Who Will Buy Its Locations?
As bond holders and investment bankers pick over the bones of RadioShack, trading of its stock has been suspended by the New York Stock Exchange.
Arctic Oil on Life Support
As drilling technology advances, conventional oil reserves become harder to find, and climate change contributes to melting sea ice, the Arctic has moved up on the list of priorities in oil company board rooms.
As Super Bowl Soars, Warner’s ‘American Sniper’ Collects $32 Million
As ads for the Super Bowl XLIX brought in $4.5 million per 30 seconds, executives at NBCUniversal celebrated. Over at Warner Bros., the reaction to its weekend box office success was much quieter.
China PMI Contracts in January
China continues to insist that its economy will grow at a rate of 7% or better, even though its PMI contracted in January.
Microsoft Is Worst Dow Stock of Year
Poor earnings have hurt Microsoft so badly that its share price drop is the largest among the 30 Dow Jones Industrial Average stocks so far this year.
TurboTax Free for 60 Million Americans?
TurboTax, buffeted by a violently negative reaction to a large price increase for one of its most popular pieces of software, is offering the basic version of its product for free.
IBM and Avon CEOs in Trouble
Underperforming CEOs at large companies have started to get pushed out by their boards. Leading candidates for the next departures are the chiefs of IBM and Avon.
The Businesses That Will Build Future Growth at Amazon and Google
As investors worry about their prospects, Google and Amazon have started to discuss the businesses that may drive their futures.
Increasing Demand for Refined Products Will Increase Oil Prices
All the analysts who are now blaming the sharp drop in oil prices on a "glut" of supply could change their tune quickly as consumers adjust to lower fuel costs.
Buying an iPhone 6 for $0 Down
Best Buy's decision to offer the iPhone 6 for $0 shows both the needs of Best Buy and where Apple sits in the hierarchy of technology companies.
CEOs of 2 of 24/7 Wall St.’s Worst-Run Companies Resign
The 24/7 Wall St. "America's Worst Run Companies" story is less than five weeks old. Already the CEOs of two of the eight companies on the list have either resigned have been fired.
Facebook Still a Small Company
Amidst the excitement about Facebook's nearly 50% revenue growth rate and its successful, accelerating movement into mobile, something is lost.
Lies and Deception in Ukraine’s Energy Sector
The Ukrainian government has repeatedly claimed it is doing its best to improve the oil and gas investment climate, but official statements are the opposite of the reality.
Why It’s Better to Be Apple Than AT&T
Apple put out its earnings the same day that AT&T did. Among the contrasts between the two are how great it is to be a supplier and how bad the role of distributor has…
An iPhone for Nearly Everyone in Iran
Apple sold 74.5 million iPhones as part of a quarter that has been described as the largest for any company based on net income in the history of U.S. companies.
Unemployment Near 7% in 8 States
National nonfarm payroll unemployment rate fell to 5.6% in December, as the nation added 252,000 jobs. However, some portions of the nation have been left behind in the recovery.
Oil Prices Changing the Face of Global Geopolitics
Many wonder, and fear, what Vladimir Putin will do if conditions in Russia become increasingly desperate.
GM Sales Expected to Surge in January
General Motors is expected to have a large increase in sales from January 2014 to January 2015, according to Kelley Blue Book.
Tencent Most Valuable Chinese Brand at $66 Billion
Chinese brand value has come of age as huge message company Tencent posted a brand value of $66 billion, according to brand research firm Millard Brown in its study BrandZ.