Florida Tourism Hits Record Levels
Thinkstock Florida has staged a big comeback after years of high unemployment and one of the worst housing busts in recent memory. The state’s tourism industry posted record high results for a single year…
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Douglas A. McIntyre
Under Armour’s Humiliating Loss at Olympics
Wikimedia CommonsUnder Armour Inc. (NYSE: UA) lost its chance to become an Olympic contender in the cutthroat competition of the athletic apparel business this week, when the U.S. speed-skating team at the Sochi Olympics…
What Happens If Government Kills Comcast Deal for Time Warner? Nothing
What happens if the government kills the proposed combination of Time Warner Cable and Comcast? Cable service will remain poor. Customer satisfaction with cable companies will remain awful. Attempts to raise rates and cut…
As Smartphone Sales Slow, Samsung Dominates
courtesy of SamsungIt is easy to form the impression that everyone in the world owns a smartphone. The fact that this is becoming true apparently has clipped the sales rate of the devices. Smartphone…
Washington D.C. Best Place to Work Based on Pay
ThinkstockPerhaps living in the seat of the federal government has one large advantage — how well people are paid. Since Maryland does well by the same measure, the benefits may spread miles beyond the…
Are Wireless Companies Profiting From Sexting?
ThinkstockUpdate: Verizon Communications Inc. (NYSE: VZ) announced Thursday morning that it has launched a new, lower-cost plan for its Verizon Wireless customers. The new plan, called MORE Everything, increases customers’ monthly data allowances and…
Avon CEO Fails in Promise to Turn Around Company
After years of poor financial results and scandals under former CEO Andrea Jung, new Avon Products chief executive Sheri McCoy promised a turnaround. It is now clear that she has failed.
Lenovo Becomes World’s Most Successful PC Company
As Hewlett-Packard and Dell have struggled as personal computer businesses besieged by the success of tablets and smartphones, China-based Lenovo has taken the spot as the world's most successful PC maker.
Gas Prices Surge Above $3 in All Major Cities
ThinkstockGasoline prices continue to rise, mostly in lockstep with oil, which has surged to more than $100 per barrel. The price for a gallon of regular moved above $3 in all 50 states several…
January Foreclosure Rates Jump Higher, Several States Still Crippled
ThinkstockIn a sign that the housing recovery may still be uneven, January foreclosure rates moved higher by 8% when compared to December. The primary causes were increases in foreclosure starts and foreclosure auctions. However,…
Apple Issues 2014 Supplier Progress Reports–Details
Thinkstock Apple Supplier Responsibility 2014 Progress Report Apple is deeply committed to expanding opportunities for the people who make our products and ensuring these workers are treated with respect and dignity. We will continue…
Lexus Is the Most Dependable Car, MINI the Least
The widely followed J.D. Power 2014 Vehicle Dependability Study lists Lexus, the luxury division of Toyota, as having the most dependable cars based on the number of problems drivers had over three years of…
North Dakota Tops Job Creation for Fifth Year: Gallup
ThinkstockDriven by a robust energy industry and a small population, North Dakota was ahead of all other states in terms of employee perceptions of job creation — for the fifth year in a row.…
Huge Auto Inventories May Trigger Large Car Price Discounts
ThinkstockInventories of cars at local dealers have reached the highest level in seven years. This likely will trigger substantial sales and financing deals for consumers looking for new cars as dealers try to clear…
Mortgage Delinquencies Drop to Five-Year Lows
ThinkstockIn another sign that the financial situation of many Americans has improved, and perhaps that fewer mortgages are underwater, mortgage delinquencies fell to levels last seen in 2008, the period when the housing bubble…
Tesla Market Value Hits Half of GM’s
As the share price of Tesla Motors reached an all-time high of $199, its market capitalization hit almost $25 billion, or about half that of General Motors. But Tesla has yet to sell half…
Oil Spikes Above $100, Poses New Threat to Economy
The price of crude oil has spiked above $100, up from $90 little more than a month ago. The rapid 11% increase could trigger high fuel prices, which in turn would eat into corporate…
A Free Facebook Smartphone?
In the past several weeks, several content providers have pressed wireless carriers to offer their services free from the normal fees for access to their products or services. Facebook is the latest of these.
Barclays to Fire Up to 12,000
Barclays announced financial results and said it would cut as many as 12,000 jobs.
New York City Police to Use Google Glass
According to the New York Post, "The NYPD is taking a page out of the RoboCop playbook -- outfitting cops with Google Glass so a suspect's life story can flash right before their eyes."…