Recent Posts

Peak robot? Japan says that’s far from automatic

With a trade war intensifying, industrial machinery giants are making investors anxious. It’s not all bad. After what looked like an incipient downturn, orders for Japanese machine tools — a keenly watched da-taset — rose 11 percent in June from a year earlier, figures showed last week. Demand from home and overseas totaled close to 160 billion yen ($1.4 billion), ...

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Google gives investors a reason for short memories

That sound you heard was a sigh of relief from Google investors. Parent company Alphabet Inc. delivered a second-quarter financial report that showed both another impressive stretch of revenue growth and a moderation in the pace of spending that had been making stockholders panic. Google isn’t supernatural, but it has shown that recent investor pessimism about the company has been ...

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Tapping oil reserves will not cure Trump’s gas pain

Besides Twitter — especially of the ALL-CAPS variety — President Donald Trump has another way of influencing troublesome oil prices: Strategic Petroleum Reserve (SPR). The question is which is more influential. In theory, those 660 million barrels stashed at four sites along the Gulf Coast should count for more than 280 characters in the ether. But if the aim is ...

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