A Gasoline-Powered Tesla
Courtesy of Tesla MotorsElon Musk, the most handsome and intelligent man in the world, faces an insurmountable task as he works to sharply increase sales of his Tesla Motors Inc. (NASDAQ: TSLA) cars. The…
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Douglas A. McIntyre
Americans to Obama: The Economy Is All That Counts
thinkstockPresident Obama cannot run for office again, at least not for the presidency. So, the effects of his approval ratings are academic. However, he may care about how he is considered in his second…
J.C. Penney and Barnes & Noble Earnings — Amazon Wins Again
http://www.amazon.com/amazon-coinsInvestors seems to believe that J.C. Penney Co. Inc. (NYSE: JCP) showed signs of life when it released earnings, and that Barnes & Noble Inc. (NYSE: BKS) admitted it was doomed. No matter which…
Will People Buy the Free iPhone or the $849 One?
AppleThe new Apple Inc. (NASDAQ: AAPL) iPhone or iPhones will be released early next month, according to hundreds of press accounts. The range of price points among the models will be substantial, which could…
Cities Where 9% Unemployment Persists: BLS State Unemployment Survey
ThinkstockNo one can question that the overall unemployment rate has fallen from a monthly crest of more than 10% at the peak of the recession toward 7% recently. In several states, the figure has…
For Harbinger’s Philip Falcone, a Ban for Life
ThinkstockThe simple statement by the Securities and Exchange Commission (SEC) that Philip A. Falcone of Harbinger Capital Partners has “agreed to be barred from the securities industry for at least five years” may list a…
As Facebook Faces Security Problem, It Becomes Ultimate Hack
Brian Solis, via Wikimedia CommonsAccording to a programmer who tracks Facebook Inc. (NASDAQ: FB), one of its major features has been hacked. Khalil Shreateh writes that: Days ago i discovered a serious facebook vulnerability that…
Lincoln, Desperate for Sales, Offers Weak “Black Label” Line
Courtesy Ford Motor Co.Lincoln, the luxury division of Ford Motor Co. (NYSE: F), remains in the basement of mainline luxury brands, with a market share of less than 6% so far this year. The company…
U.S. Digital Game Sales Hit $1.1 Billion in July
courtesy of ZyngaIs it any wonder that the video game/smartphone game/social media game market is so complex and has reached a level of warfare that analysts can barely follow? Super Data released its report…
Fox Sports 1 Aims at ESPN’s $10 Billion Annual Revenue
ThinkstockIf an analysis of ESPN’s issued by Wunderlich Securities and published by The Atlantic is correct, the huge sports network has revenue of between $10 billion and $11 billion a year. No wonder Twenty-First…
A Samsung “iWatch”
courtesy of SamsungAccording to several press sources, Samsung will introduce the equivalent of a smartwatch that can surf the Web, make phone calls and even tell time. At first, the news would appear bad…
Ackman May Dump J.C. Penney Shares
courtesy J.C. Penney Co. Inc.Based on a recent SEC filing by J.C. Penney Co. Inc. (NYSE: JCP), William Ackman, who was until recently a board member and the firm’s largest shareholder, may be in a…
Top 25 Companies for Work-Life Balance
Tesla Motors blogThe companies on the list were something of a surprise, based on business prospects and layoffs. The Top 25 companies for Work-Life Balance as measured by Glassdoor was just released. Among them…
Why Don’t Retailers Report Results by State?
courtesy Making Change at Walmart and UFCWWal-Mart Stores Inc. (NYSE: WMT) sales are heavily concentrated in only about half the states in the U.S. To a lesser extent, Macy’s Inc.’s (NYSE: M) are as…
Emergency Room Patients Prefer Budweiser
ThinkstockIn a bit of news Anheuser-Busch InBev S.A./N.V. (NYSE: BUD) is bound to find unsettling, new research shows that people who visit emergency rooms with injuries prefer Budweiser products over other brands. The news gives…
24/7 Wall St. Virtual Review of the New Chevrolet Corvette Stingray
ThinkstockGoogle Inc.’s (NASDAQ: GOOG) Google News currently shows around 100 articles about the new Chevy Corvette, built by the General Motors Co. (NYSE: GM) division. Most of the stories focus on the 2014 Chevrolet Corvette Stingray’s Customizable…
With Rise in Lenovo, Dell and HP Face Unstoppable Challenge
ThinkstockAnyone who doubted that the race for global personal computer (PC) supremacy has shifted outside the United States only needs to look at Lenovo’s most recent quarterly results. Revenue at the Chinese company rose…
Cisco: Bad Economy, or Bad Management?
courtesy of Cisco SystemsThe market was disappointed mightily when John Chambers, long-time Cisco Systems Inc. (NASDAQ: CSCO) CEO and the dean of the nation’s tech executives, offered a dim forecast for his company and…
Fargo, N.D., Becomes Employment Capital of U.S.
ThinkstockFargo, N.D., perhaps most associated with the Academy Award winning movie that many critics believed was the best of 1996, has become the jobs capital of the United States. The city’s unemployment rate is…
Obama’s Economic Approval Falls to 35%
courtesy of the White HouseThe economy may be getting better, albeit at a slow pace. Americans do not seem to believe the improvement is fast enough or good enough, at least insofar as any…