Cash-Burn Threatens Blue Apron 3.5 Months after IPO by Wolf Richter • Oct 18, 2017 • 68 Comments Layoffs and cost cuts have commenced.
Mnuchin Deploys Stock Market Bubble as Political Weapon by Wolf Richter • Oct 18, 2017 • 127 Comments But the ballooning National Debt has disappeared from the agenda.
Wells Fargo Gets Clocked in California by Wolf Richter • Oct 17, 2017 • 65 Comments Why is Tim Sloan still CEO, asks California Treasurer as “systemic corruption and venal abuse of customers” have become “part of Wells Fargo’s brand.”
Why Did Sears Holdings’ Largest Outside Shareholder Suddenly Jump Overboard? by Wolf Richter • Oct 16, 2017 • 44 Comments 4th director to quit in 10 months. Bankruptcy prospects heat up.
Asset-Stripping by Private Equity Firms Is Booming by Wolf Richter • Oct 16, 2017 • 64 Comments Here are the numbers. Peak chase-for-yield by institutional investors?
Pentagon Worried about Hackers Causing Stock Market Crash by Wolf Richter • Oct 15, 2017 • 54 Comments The Pentagon?! But no one’s worried when stocks get manipulated higher.
It’s Over for Sears Canada by Wolf Richter • Oct 10, 2017 • 70 Comments Liquidate, close all stores, lay off 12,000 people. Brick & mortar meltdown.
LEAKED: Worst Data Hack in US History Gets Worse by Wolf Richter • Oct 10, 2017 • 34 Comments What else has Equifax not disclosed yet?
The Big Amazon Subsidy is Doomed by Wolf Richter • Oct 9, 2017 • 120 Comments But for many retailers it’s too late.
Wells Fargo’s Artificial Intelligence Defies Analysts, Slaps “Sell” on Google and Facebook by Wolf Richter • Oct 7, 2017 • 74 Comments Oh the irony!
