Daily Intel

US rig count declines by 13 this week to 744
HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week declined by 13 to 744. Houston's Baker Hughes said Wednesday that 555 rigs were seeking oil and 189 explored...
Nov 27, 2015 | 9:27 AM
Vanishing China execs a vexatious mystery for Hong Kong market
It’s not unusual for top executives of public companies in Hong Kong to go missing. Often the disappearance is related to a broad crackdown on the financial industry after China’s stock-market meltdown over the summer.
Nov 27, 2015 | 9:27 AM
Teardown town: 1,500 small houses replaced by giants since 2012
FYI Guy: More than 450 were replaced by homes triple the size, or bigger. Check out our before-and-after pictures.
Nov 27, 2015 | 8:27 AM
IBM designs new product development strategy
Design thinking flips traditional technology-product development on its head. The old way is that you come up with a new product idea and then try to sell it to customers. In the design thinking way, the idea is to identify users’ needs as a...
Nov 27, 2015 | 8:27 AM
Super Bowl of shopping is more like a scrimmage
Analysts have questioned whether Black Friday is losing its cachet as retailers have pushed opening times into Thanksgiving. On Friday, the turnout was tame at some stores around the country.
Nov 27, 2015 | 7:27 AM
3 Trends for the holidays
Yet again, trend experts say there's no single item that's emerging as a must-have for the holiday season. Sure, in the world of toys, anything "Star Wars" is faring well as well as a slew of robotic pets like robotic toy bears from Mattel's Fisher...
Nov 27, 2015 | 7:27 AM
A look at the hot toys for holiday 2015
NEW YORK (AP) — Which toys will warm the hearts of parents and kids for the holiday 2015 shopping season? [...] anything "Star Wars," life-like robotic pets and remote controlled toys should drive sales. — The Black Series Kylo Ren Force FX...
Nov 27, 2015 | 12:27 AM
Average US rate on 30-year mortgage slides to 3.95 percent
WASHINGTON (AP) — Average long-term U.S. mortgage rates slipped this week after they climbed recently on expectations that the Federal Reserve may soon raise its key short-term interest rate. Foreign buyers poured into 10-year U.S. Treasury bonds...
Nov 27, 2015 | 12:27 AM
Holiday shoppers get a head start on Thanksgiving
NEW YORK (AP) — Black Friday used to kick off the holiday shopping season, but now Thanksgiving Day is the new tradition for some shoppers. Macy’s officials said about 15,000 people were at the 6 p.m. opening at its flagship store in Manhattan...
Nov 26, 2015 | 11:26 PM
Some resist after Britain adopts Black Friday with an All-American frenzy
A Black Friday backlash appears to be gathering force at a time some traditionalists are bemoaning the way that Halloween, with its kitsch and goofy costumes and edible eyeball cakes, is slowly supplanting Guy Fawkes Day.
Nov 26, 2015 | 8:26 PM