Mercedes Wins Luxury Car Race Against BWM
Despite the fact that over a dozen luxury brands are sold in the United States, the monthly race for leadership in the category always comes down to Mercedes and BMW.
All Work
Douglas A. McIntyre
RadioShack’s Stock Price Races Toward $0
RadioShack is at odds with its lenders again. The battle is over whether the retailer can close 1,100 locations, among other things.
Will Sprint Lose Hundreds of Millions on Price Plan?
Sprint has begun to offer an aggressive plan to take customers from AT&T and Verizon. The program is bound to cause Sprint further losses.
3 States Where Gas Won’t Fall Below $3
There are three states where gas almost certainly will not drop below $3 a gallon: Alaska, Hawaii and New York.
When Will Hackers Take Down Facebook?
The ultimate hack is Facebook, which with its over 1.3 billion members has become a worldwide means of communications and a hack-proof system -- at least so far.
Holiday Retail Sales in Trouble Over Black Friday Weekend
The National Retail Federation reported that the Black Friday weekend was a disaster, which bodes poorly for the balance of the holiday shopping season.
Moody’s Downgrades Japan as Its Economy Moves Toward Recession
Whether or not it is by economists' measures, Japan has slipped into a recession.
German PMI Contracts: Worry About Recession?
Germany is the largest nation by gross domestic product in Europe and its economic engine is in deep trouble financially.
Chrysler Discounts Reach 18%
Chrysler's sales growth may be the envy of the automotive manufacturing industry. However, it has come at a cost.
Youth Unemployment Falls To 43% In Italy
Based on both youth and total unemployment, Italy looks like Spain and Greece did during the depths of the recession. Italy’s overall unemployment number was a record low 13.2% last month, and over four…
How Can Home Depot Drop Prices 40%?
There are several reasons retailers drop prices over the holidays. One is to bring in shoppers and hope they will buy products which are not deeply discounted. Another is to fight for market share,…
Amazon Offers Unlocked Fire Phone For $199
Amazon (NASDAQ: AMZN) has dropped the price of its failed Fire Phone to $199 from $449. It seems like a good idea, since evidence shows the smartphone is not selling well. To make the…
Gas Prices Below $2.60 In Five States
As another indication of how fast gasoline prices have fallen, they have dropped below $2.60 in five states, based on the price of an average gallon of regular. The national price is $2.81 according…
Weather Triggers Cancellation Of Over 200 Flights
Both airlines and passengers lose. One sheds revenue, and the other may not make it home for Thanksgiving. Exactly 222 flights “within, into, or out of the United States” have been cancelled for today…
Follow the Sand to the Real Fracking Boom
By James Stafford of Oilprice.com When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the…
OECD Expects Troubled Global Economy
ThinkstockThe Organization for Economic Cooperation and Development (OECD) is the latest group to warn that the global economy has slowed, probably to a level that risks another worldwide recession. Its assessments should have been expected.…
TSA Finds 50 Firearms at Airports in One Week
The Transportation Safety Administration reported that officials who examine luggage seized 50 firearms last week. It is a wonder that anyone believes he or she can get a gun onto a plane. Apparently, people…
A $949 iPhone
Apple Inc.Lost in the sea of pricing offers for the iPhone 6 Plus 128GB is a phone consumers can buy outright for $949.99. This is for an unlocked version. If there is a more…
Holiday Spending Plans Slow to a Crawl
A new Gallup poll indicates that earlier forecasts of holiday spending display too much optimism.
5 States With Unemployment Under 4%
In a period in which unemployment in the United States is at 5.8%, five states have rates under 4%.