Douglas A. McIntyre
24/7 Wall St.
New York, NY, United States
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Past articles by douglas:
Boeing Rips Off America, Again
The Artemis I mission to the moon is among the greatest debacles in NASA history. The launch of the massive rocket known as the Space Launch System rocket was delayed twice this past week. The second time was due to hydrogen leakage in an inlet. The next launch will be put off for weeks, or […] → Read More
This Is The American City With The Strongest Economy
Many American cities and states have enjoyed strengthened economies as the national economy has thrived. Unemployment is low. In many states, tax income is up because of rising personal income and successful businesses. California recently posted a $100 billion surplus. In a rare sign of financial health, politicians in the state have started to debate […] → Read More
This Company Produces the Most Plastic Waste in the World
While some forms of plastic break down in 20 years, others take as long as 500. Millions of tons of plastic make their way into oceans each year. The company that produces the most plastic is Exxon Mobil. Plastic waste has become one of the greatest environmental disasters in history, and it is unlikely to […] → Read More
GameStop, Still a Horrible Company, Overvalued at 10 Times Reasonable Share Price
Lost in the massive rally was the fact that GameStop is a failing retailer, in the midst of closing stores and trying to move online to survive. → Read More
Black Unemployment 86% Higher Than US Average
Source: YinYang / Getty ImagesThe Bureau of Labor Statistics “Employment Situation” data for April appeared to contain nothing but good news. Unemployment dropped to the lowest level since December 1969, as it fell to 3.6%. Jobs added in the month totaled 263,000. Notably, however, the jobs situation for black Americans remains substantially worse than that […] → Read More
McDonald’s CEO Makes an Hour What the Average Worker Makes a Year
Source: ermingut / Getty ImagesMcDonald’s Corp. (NYSE: MCD) has been among the American companies that pay its workers the least. As some evidence of the ongoing pay problem at the fast-food chain, the U.S. Securities and Exchange Commission has released the compensation of McDonald’s CEO Stephen Easterbrook. He was paid $15.9 million in 2018. That […] → Read More
IBM Tops 2018 US Patents With 9100
IBM was issued more patents in 2018 by the U.S. Patent and Trademark Office than any other company. IBM claims that 2018 was the 26th year it held the top of the list by number of U.S.-issued patents. → Read More
Poverty Wages for Uber Drivers
A new study shows that Uber drivers make less per hour that the most junior employees at Walmart and McDonald's, putting many of them below the poverty line. → Read More
6 Most Important Things in Business Today
Intel kills its wearables business, Facebook may get into the hardware business, Amazon Prime membership reaches 100 million, and other important headlines. → Read More
Large Apple Investors Say iPhone May Be Bad For Child Development
Source: Ekaterina_Minaeva / Shutterstock.comTwo large Apple (NASDAQ: AAPL) shareholders wrote the company to express concern that smartphone use, particularly iPhone use, could be bad for child and teenage development. In a letter to Apple, they requested support for further study of the issue The letter was sent from JANA Partners LLC and the California State […] → Read More
20 Worst CEOs in America 2017
Source: fizkes / iStock24/7 Wall St. has chosen its list of the “Worst CEOs In America” for 2017. All the executives on this list have done serious damage to the companies they lead. In some cases it will take years for the businesses to recover, if they ever can. We used several criteria to select […] → Read More
Overweight and Older Woman Face Huge Employment Bias
Companies are not supposed to pick new workers on the basis of race, color or creed. That usually also extends to weight and age. However, these two groups are at a distinct disadvantage when they are looking for jobs. → Read More
Amazon Readies For Cyber Money With 50% Off Some Items
Source: ThinkstockAs Thanksgiving Day, Black Friday, and Thanksgiving Saturday and Sunday draw to a close, the online retail world has begun Cyber Monday sales. Cyber Monday is traditionally the day on which e-commerce sites get their greatest single day’s revenue. Amazon has set a number of deals to make sure it holds the huge lead […] → Read More
Top 100 Selling Items On Amazon As Record E-Commerce Sales Continue
Source: courtesy of Amazon.com Inc.Adobe, which officially tracks the e-commerce sales from 80 of the 100 largest websites reported that Black Friday sales reached $5.03 billion, up 16.9% from last year. The company’s research shows that every day since the start of November, e-commerce has posted online sales of over $1 billion, which has never […] → Read More
What Will Happen To Charlie Rose’s 12,886 Videos?
Source: ThinkstockCharlie Rose has 12,886 videos posted at his website, charlierose.com. Some small number of die-hard fans may continue to watch interviews from the archive. However, traffic to the videos is likely to be very light. Most of the interviews are from his long-running Charlie Rose show on PBS and Bloomberg. Some smaller number come […] → Read More
50 Notable Events Since Trump Was Elected President
Source: Chip Somodevilla / Getty ImagesWhen Donald Trump won the presidential election a year ago, it marked the first time the United States had elected someone who had never held elective office since Dwight Eisenhower was elected in 1952. Given Trump’s lack of legislative record and his outsized personality, his presidency was bound to be […] → Read More
Fiat Sales Slaughtered in September
Fiat U.S. sales problems got worse in September. Fiat has reached the point at which it is barely a niche product. → Read More
Apple Named World’s Most Valuable Brand at $184 Billion
Interbrand has issued its annual ranking of the world's 100 most valuable brands. The list continues to show the rise in valuation of tech brands. → Read More
Small Drones Won’t Hurt You If They Hit Your Head
Source: ThinkstockMaybe it is alright if commercial companies and hobbyists use drones in populated areas, in particular, if they are small. Amazon (NASDAQ: AMZN) and other companies which want to use drones for delivery may have found an ally among a small group of scientists. In a study posted at the Annals of Biomedical Engineering, experts […] → Read More
Best and Worst Car Brands of 2017
Source: ThinkstockFiat Chrysler Automobiles’ Fiat division has been fading in the United States for some time as sales have declined and the brand’s reputation has eroded. Fiat’s reputation was further tarnished when the brand ranked last in the new American Customer Satisfaction Index for cars. The rating was matched by stablemate Dodge. At the top […] → Read More