Nike Workers Hit by Layoffs
Laying off 1,600 people is part of Nike's plan to cut $2 billion in the next three years. Will that boost its flagging stock?
All Work
Douglas A. McIntyre
Buffett Dumps Apple Shares
Warren Buffett parted with 10 million shares of Apple last quarter, a sign the Oracle of Omaha thinks the iPhone maker’s run is over.
Cisco Lays Off Thousands
Cisco Systems joins other large tech firms in firing workers this year. In Cisco's case, it is due to the company's poor financial results.
Can Tesla Come Back?
Until recently, Tesla stock was the worst-performing S&P 500 stock for the year. What would it take to turn the share price around?
Jeff Bezos Sells $4 Billion of Amazon Shares
Over the past several days, Amazon founder Jeff Bezos has parted with $4 billion of the company's stock. Why now?
Amazon Stock Surges in 2024
Why has Amazon stock done well this year? Was it due to layoffs? Or has one of its two primary businesses outperformed?
This Bank Charges $1.3 Billion in Overdraft Fees
The Biden administration wants to cut bank overdraft fees, but some in Congress oppose the move. These banks receive the most from overdraft fees.
The Stock With an Amazing 9.8% Yield
Investors who are willing to ignore the ill effects of smoking get a tremendous and steady yield with Altria stock.
Why Apple Is No Longer A Great Stock
Apple’s (NASDAQ: AAPL) run as America’s greatest stock and most valuable company by market cap is over. And that will not change. Despite several challenges, China is the primary reason for Apple’s downfall. There…
The $70 Million Fight To Control Disney
What does the fight to control a large American company cost? According to The Wall Street Journal, about $70 billion has been spent in a battle to control Disney (NYSE: DIS). This includes the…
Cisco To Fire Thousands
Cisco (NASDAQ: CSCO) is set to fire thousands of workers, according to Reuters. The router company has about 65,000 workers. Cisco joins Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG), and Meta (NASDAQ: META) as huge…
Jeff Bezos Sells $2 Billion Of Amazon Stock
Jeff Bezos, executive chairman of Amazon.com (NASDAQ: AMZN), is the second richest person in the world, with a net worth of $200 billion, just behind Elon Musk at $206 billion. He just added to…
This City Has America’s Worst Drivers
A recent analysis reveals the American cities with the most dangerous drivers based on the number of fatal car accidents.
The Best Car Brand in America
The 2024 J.D. Power U.S. Vehicle Dependability Study reveals the best and worst car brands based on several metrics.
The Worst Car Brand in America
The 2024 J.D. Power U.S. Vehicle Dependability Study reveals the best and worst car brands based on several metrics.
Snap Falls Apart, Shares Crater
After Snap released disappointing quarterly results, its share price plunged 30%. Perhaps it is about time for new management.
Toyota Becomes the World’s Best Car Company
Toyota's stock at an all-time high suggests Wall Street believes the company's focus on hybrid cars is the right approach for the industry.
Middle East War Hurts McDonald’s
McDonald’s Middle East problems were made clear by its recent earnings report. How much will that effect to spread?
Homebuyers Beware, Mortgages Back Above 7%
A strong economy and the Federal Reserve delaying interest rate hikes have pushed mortgage rates above 7% again.
When Does Tesla Recover?
Tesla's share price is on the decline for several reasons. However, the stock has several paths to recovery.