Is Nasdaq on Its Way Back to 3,000?
bfishshadow via Wikimedia Commons It is not very long ago that the Nasdaq was below 3,000 — December 2012, in fact. More important, not very much has changed in terms of the general economy…
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Douglas A. McIntyre
Sharp Rise in Gas Prices, Some Areas at $4
ThinkstockThe dreaded $4-a-gallon price for an average gallon of gasoline has not been reached nationwide, but as that national average spiked to $3.635 yesterday, some parts of the country are already across the higher…
Spirit Airlines Receives Lowest Scores Among Consumers
ThinkstockWhich is the worst of the American airlines based on consumer complaints? A new reports says Spirit Airlines Inc. (NASDAQ: SAVE). The U.S. PIRG Education Fund released its “The Unfriendly Skies: Five Years of Airline Passenger Complaints…
Is Coke Worth More Than Pepsi?
courtesy of The Coca-Cola CompanyIs the Coca-Cola Co. (NYSE:KO) worth more than PepsiCo Inc. (NYSE: PEP)? It would appear so, at least based on brand value. The subject is, however, more complicated than just…
VW March Sales Rise 7.6%
Courtesy Volkswagen AGBetween falling sales and recent quality problems with its cars, Volkswagen continues to do poorly in the United States. This has not kept it from posting impressive March sales numbers. Its top…
Minnesota Raises Minimum Wage
ThinkstockYet one more state is about to raise the minimum wage. At the current rate at which states are taking this action, the move by some members of Congress to push the national hourly…
Four Stocks to Own as the Market Sells Off
bfishshadow via Wikimedia CommonsThe current sell-off of major U.S. stocks and the resulting drop in the primary indexes shows many signs it could continue. Investors have shown anxiety over high valuations of many tech…
Morgan Stanley and Citigroup Take Beating in Investor Survey
CitiCorp and Morgan Stanley Asset Management took terrible beatings from respondents in the 2014 U.S. Full Service Full Service Investor Satisfaction Study while Fidelity Investments did particularly well.
Lenovo Takes Global PC Sales Lead
ThinkstockPC sales may still be dropping, but that has not stopped China-based manufacturer Lenovo from increasing sales and stealing market share from competitors. Lenovo shipped 12.9 million PCs in the first quarter, which gave…
Walmart to Offer Discount on Organic Foods
Walmart announced that it would sell groceries from organic food firm Wild Oats that are 25% or more below the supplier's previous levels. Wild Oats claims to be one of the organic food industry…
As Weather Channel Retreats, Online Strength Important
The Weather Channel has finally returned to DirecTV. It does so with a measure of humiliation. The channel's management was forced to apologize for the "disruption of its service."
Ford Focus Top-Selling Car Worldwide in 2013
According to new data from the Polk division of IHS Automotive, the Ford Focus was the number one selling car worldwide in 2013, based on new car registrations.
Toyota Recalls 6.4 Million Cars — Details
Toyota has recalled 6.4 million cars, the latest in a series of industry setbacks, led by massive recalls by General Motors, which have rocked the company. Here are the details.
Toyota (TM) Recalls 6.4 Million Cars
Toyota (NYSE: TM) has recalled 6.4 million cars. These have been sold around the world. Its shares are off 5% on the news. The announcement comes just weeks after huge GM recalls.
Groupon Is Still Dying
As the top Web stocks continue to sell off, the shares of one company stand out particularly as a victim of the carnage. Groupon stock is down more than 30% this year.
Chevrolet Equinox and GMC Terrain Take Top Safety Award
Only two mid-sized SUVs did well enough to take the top honor in a new safety rating by the Insurance Institute for Highway Safety tests. Six SUVs tested did not qualify for the coveted…
Gas Prices Surge to Eight-Month High
ThinkstockSeveral major surveys of gasoline prices show that the average price of a gallon of regular has reached an eight-month high. Depending on the source, that price is about $3.60. All signs indicated that…
Walmart Offers Consumer Electronic Discounts
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) has started to offer a series of large discounts on consumer electronics. The move gives it a chance to steal market share from Amazon.com Inc. (NASDAQ: AMZN)…
GM to Add 1,400 Workers
courtesy of General MotorsLabel General Motors Co.’s (NYSE: GM) comeback from Chapter 11 as complete despite the massive recalls it faces along with related costs to replace parts and possible liability settlements. The largest…
Gas Prices Race Toward $4 in Parts of U.S.
ThinkstockCalifornia has taken the largest hit in the sharp increase in gasoline prices. The average price of a gallon of regular in the nation’s largest state recently rose above $4. However, in some of…