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In 2016, General Motors (GM) bought Cruise Automation for $1 billion. It was totally out of character. GM, known for being careful, was jumping into self-driving cars headfirst. One year...
Nobody likes paying for insurance. That’s doubly true for insurance that doesn’t even cover YOUR life or property! But without one kind of coverage – called “private mortgage insurance” – many...
Times are good for banks right now. The industry is booming, loan losses are low, and profits are strong. But it wasn’t too long ago that banks were failing left and right, the government was...
It’s crazy.  Elon Musk has built a semi truck that can accelerate from 0-60 mph in 20 seconds while hauling a 40-ton load. Think that’s impressive? Well, set the cab free of its trailer, and the...
The opioid epidemic ravages small and large towns across America.   And it has largely been intractable both to law enforcement and to the medical community. Until now.   This week, the...
Why are stocks up? Market observers will point to several traditional rally catalysts.  We’re in good shape economically. Tax reform and repatriation of corporate profits are on the table. ...
As you drive down the street, you often see different banks on each side of the road — and sometimes right next to each other. You go a few miles further down the road and once again, buildings...
The Dow Jones Industrial Average crashed 508 points on Oct. 19, 1987 — 30 years ago last Thursday. It was a 22% catastrophe immediately known as Black Monday. This first crash of the modern...
Thirty years and four days ago, on October 19, 1987, the stock market crashed. The Dow Jones Industrial Average plunged 508 points, or 22.6%. Those were the worst point and percentage losses in...
A diversified industrial giant with employees, operations, and sales in every corner of the globe. A high-yielding lumber and wood fiber play benefitting from strong construction and materials...