Corporate Bond Market in Worst Denial since 2007 by Wolf Richter • Feb 4, 2018 • 114 Comments It’s just a question of how disruptive the adjustment will be, whether it will be just a painful sell-off or junk-bond mayhem.
Crash of Outsourcing Giant with 70,000 Employees Globally Sparks New Panic by Don Quijones • Feb 2, 2018 • 51 Comments “Not another Carillion,” says UK government to soothe frazzled nerves, as entire industry is teetering.
The Brick-and-Mortar-Retail Meltdown in January by Wolf Richter • Feb 1, 2018 • 57 Comments ‘Tis the season for bankruptcies.
Fallout from Carillion Collapse Hits KPMG by Don Quijones • Jan 27, 2018 • 44 Comments Next Arthur Andersen? No, the “Final Four” audit firms are “too big to replace.”
“Blockchain” Stocks Collapse by 40% to 90% by Wolf Richter • Jan 25, 2018 • 67 Comments It’s not a pretty sight.
Mastercard Pushes Biometrics, Banks Follow by Don Quijones • Jan 25, 2018 • 50 Comments Biometric authentication “will be of great benefit to everyone.”
Junk-Rated Netflix Expects to Report Loss to IRS, Will Burn $3-$4 Bn in 2018, after Burning $2 Bn in 2017, Debt Piles Up by Wolf Richter • Jan 22, 2018 • 66 Comments Shares Soar. Bond market on cloud 9.
$10-Billion IPO of Leveraged Buyout Queen Flops, Investors Bleed by Wolf Richter • Jan 19, 2018 • 28 Comments But private equity firm Apollo makes $2.4 billion “on paper.”
Albertsons/Safeway Loses Grocery War, Lidl Gives Up? by Wolf Richter • Jan 18, 2018 • 66 Comments Price war by Amazon-Whole Foods and Aldi scuttle Albertsons’ IPO hopes as customer traffic and same-store sales drop despite promos and price cuts.
Collapse of Construction Giant with 43,000 Employees Globally Sparks Fear and Mayhem by Don Quijones • Jan 15, 2018 • 60 Comments “The company that runs Britain”: profits were privatized, costs will be socialized.
