Investors bet that auto stocks will make a comeback

Investors that think old dogs can learn new tricks are betting that the investments American automotive companies are making in new technology will pay off in the future. The S&P 500 Automobiles and Components industry group index has fallen 16.76 percent in the last...

Cannabis stocks soar as beverage manufacturers seek gateways to growth markets

Interest from the alcoholic beverage sector in the growing cannabis industry has set off a speculative boom that has cannabis companies riding high. While tobacco and alcohol stocks have underperformed due to declining sales volumes and missed revenue targets, the...

U.S. Hotel Stocks Cool Down After Tax-Cut Rally

  U.S. hotel stocks have cooled down after the surge led by the GOP corporate tax cut. Analysts say that they are fairly valued now and will trade in narrow range for the rest of the year. The whole market rallied after the corporate tax cut passed last November, but...

Macy’s vs. Backstage: An Identity Crisis of a Department Store

The Thanksgiving Parade. Vibrant holiday storefronts. The movie Miracle on 34 Street. Macy’s was the pinnacle for extravagance, tradition and shopping. Those days are over. In the 1920s, department stores were innovative and brought people in...

For GE, Power is Still at Forefront of Troubles

When Sharifa John got her first big job in 2003, she was a 21 year-old figuring out how to manage her finances. She hesitated when her father, a seasoned investor, suggested she take her extra income and put it in the stock market. Her father, a Coca Cola and General...

The Fall Of Macy’s, From Stylish Department Store to Discount Disaster

Liz Dunn was on vacation in East Hampton when she was invited to an impromptu business meeting. Away from her work wardrobe, she stopped at a Macy's in Commack, Long Island, to buy a basic pair of black heels. “The shoe department was pretty uninspiring,” said Dunn, a...

What will it take for Amazon to overtake Netflix? Money and lots of it

Jake Hanley canceled his Netflix subscription last year after his favorite shows, “King of the Hill” and “30 Rock," were removed from the service. The 22-year-old office assistant from San Jose exclusively uses Amazon Prime Video for his streaming needs now. “I think...

Tesla takes charge of its future

Sprawled across a parched landscape in Nevada, Tesla is constructing the most massive building in the world. The electric-car maker calls it the Gigafactory. And it’s already estimated to equal 35 Costco stores combined. The grand structure is meant to accelerate the...

“The Walking Dead” Won’t Be AMC’s Crown Jewel for Long, They Need to Look Ahead

In October, the cast of AMC’s “The Walking Dead” descended on the Comic-Con stage in New York to talk about the show’s eighth and current season. Eager fans lined the halls to see their favorite characters from the hit TV show and expressed excitement that the zombie...

Protected: With Amazon Behind the Wheel of the Delivery Truck, It Might Be a Wild Ride

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Facebook Is Too Big To Fail

Facebook Is Too Big To Fail

Facebook Inc., the world’s most popular social-media site, has a fake news problem. The company found that false advertisements from Russian troll farms, which intended to influence the 2016 us presidential election, were delivered to over 120 million users on its...

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Tesla takes charge of its future

Tesla takes charge of its future

Sprawled across a parched landscape in Nevada, Tesla is constructing the most massive building in the world. The electric-car maker calls it the Gigafactory. And it’s already estimated to equal 35 Costco stores combined. The grand structure is meant to accelerate the...

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Boeing cuts workers despite soaring demand

Boeing cuts workers despite soaring demand

Boeing’s plans to trim its workforce and streamline operations is being tested even though demand is up, shares are soaring, and it’s ramping up production on older and newer airplane models. Over the past year, the aerospace and defense manufacturer has cut more than...

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Netflix Can’t Chill Until Its Movies Are Cool

Netflix Can’t Chill Until Its Movies Are Cool

Roughly three hundred miles north of Hollywood, Netflix chief content officer Ted Sarandos and his team are eagerly flipping through movie scripts ranging from million-dollar indie films to multi-million-dollar mainstream flicks. They’re looking for Netflix’s new...

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Investment Journal

Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.