Ned Piplovic
Boeing 747 Not Ready to Bow Out Just Yet
Because most commercial airlines are replacing their Boeing 747s with smaller and more fuel-efficient aircraft, industry experts have been predicting the demise of the “Jumbo Jet”. However, we might still enjoy the sight of the iconic plane with its characteristic hump for a while longer as it continues to transport cargo across the globe. Boeing […]
Will New Oil Reserve Discovery Impact Crude Oil Prices?
Total S.A. (NYSE:TOT) announced on Jan. 31 that it discovered a significant oil reserve in the Gulf of Mexico in cooperation with the Chevron Corporation (NYSE:CVX). The new reserve is Total’s largest discovery in the area. Kevin McLachlan, senior vice president of exploration at Total, said, “Ballymore is the largest discovery by Total in the […]
H&M Hennes & Mauritz Slows Store Expansion
H&M Hennes & Mauritz AB (ST:HM-B) saw its share price drop more than 10% during trading on Jan 31, amid investor concerns regarding the company’s plan to close more stores this year than any year in the past two decades. While most U.S. customers have become familiar with the H&M brand since 2000 when the […]
Are Cryptocurrencies Any Safer Than Fiat or Commodity-Backed Currencies?
In the wake of the most recent cryptocurrency heist from Coincheck – a cryptocurrency exchange based in Tokyo – should other cryptocurrency platforms and exchanges be concerned that this might scare some potential investors away. Reuters reported that hackers stole the equivalent of more than $500 million, or 90% of the exchanges total holding of […]
Apple Continues Its Week-Long Share Price Decline
Apple, Inc. (NASDAQ:AAPL), the most valuable public company, has to look over its proverbial shoulder as it tries to become the first $1 trillion market capitalization stock. Close competitors, such as Alphabet, Inc (NASDAQ: GOOG), also are approaching the $1 trillion valuation threshold. Reports that the company cut in half its order for the iPhone […]
Mazda Goes to Bat for the Internal Combustion Team
While many people agree that electric vehicles are the future of transportation, the internal combustion (IC) engines keep motoring along. The future of passenger and cargo might be electric, but the past and the present are undoubtedly rooted in internal combustion power. After more than a century of improvement and development, the IC engine still […]