Uber’s Survival Strategy? “Tens of Thousands” of Self-Driving Volvo-Ubers Starting in 2019 by Wolf Richter • Nov 20, 2017 • 159 Comments Ready or not, here they come. Tough luck for drivers.
The Corporate Earnings Fiction in Q3 by Wolf Richter • Nov 19, 2017 • 52 Comments The Biggest Sinners in the Dow.
Wall Street Discovers the Brick-and-Mortar Meltdown by Wolf Richter • Nov 16, 2017 • 60 Comments Oh Lordy.
P2P Loans are “Predatory,” Have Delinquency Characteristics of pre-2007 Subprime Mortgages, Could Impact Financial Stability: Cleveland Fed by Wolf Richter • Nov 13, 2017 • 51 Comments Debt slaves get deeper into high-cost debts they can’t handle.
Equifax Discloses its Coming Nightmares by Wolf Richter • Nov 10, 2017 • 44 Comments “It is not possible to estimate the amount of loss or range of possible loss.”
How Snap Just Gave a Middle Finger to its Voteless Shareholders by Wolf Richter • Nov 8, 2017 • 34 Comments They don’t need to know, Snap says. Tencent rues the day it bought a 12% stake.
How Can a Company Once Worth $30B Lose $443M on Just $208M in Revenues? Here’s How by Wolf Richter • Nov 7, 2017 • 68 Comments This is where hype (and money) goes to die.
Malls and their Hapless Investors Keep Getting Crushed by Wolf Richter • Nov 3, 2017 • 63 Comments (Creative) Destruction in the brick-and-mortar meltdown.
How US Debt Slaves Get Trapped by “Deferred Interest” by Wolf Richter • Nov 2, 2017 • 78 Comments But over the next 2 months, they’ll try to prop up US retailers and the entire global economy with these credit cards.
Pickup Sales Boom, Cars get crushed, Tesla Deliveries Plunge by Wolf Richter • Nov 1, 2017 • 103 Comments Carmageddon for Tesla, Fiat Chrysler, Hyundai, and Kia.
