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Login | September 15, 2026

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Valuing Stocks

Q. How is a stock's real value determined? -- G.C., Flagstaff, Arizona
A. That's a great question, because a stock's current price is not necessarily equal to its intrinsic, or fair, value. Overenthusiastic investors may have bid the price up into overvalued territory. Or it may be undervalued, with most investors not interested ... (full story)


U S oil giant Chevron confirms it will expand operations in Venezuela

Oil giant Chevron confirmed that it will expand operations in Venezuela after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits.
Chevron, the only U.S. oil company with a major presence in Venezuela, said Sept. 2 that it has been assigned ad ... (full story)


Local


Prison must pay inmate $4,000 for withholding records

Prison must pay inmate $4,000 for withholding records

The Lake Erie Correctional Institution must pay a northeast Ohio inmate $2,000 in statutory damages for failing to release surveillance camera footage to him regarding two encounters with correctional officers, the Supreme Court of Ohio ruled Sept. 1.
In a per curiam opinion, the Supreme Court also directed the prison to pay Dev ... (full story)


State


The poorest in the US can't find housing even as low-income units sit empty

PORTLAND, Ore. (AP) — Mathew Davis, who lives in a homeless shelter in Austin, Texas, would love an apartment of his own. But with the little money he makes donating blood plasma, even a $450-a-month tiny home with no running water and a communal bathroom would be a stretch.
Meanwhile, over 4,500 units the city classifies ... (full story)