At one point, there were roughly 2,000 U.S. automobile manufacturers. Today, only a few dozen remain. The legendary Warren Buffett often points to the U.S. automotive industry as a teaching moment for investors. Why? To highlight how difficult it is to pick individual companies in what he believed to be a high-growth, capital-intensive industry. While...

The City Council is moving forward with a proposal to excuse late fees and interest and allow businesses to pay off their back taxes over three years.

Strong quarterly results from Ross Stores reinforce that off-price retail is on fire.