As Car Sales Plunge, Auto Dealers are Not Amused by Wolf Richter • Aug 2, 2017 • 55 Comments Automakers’ efforts are “chaotic for retailers and confusing for consumers.”
Carmageddon for Hyundai, GM, Chrysler, Ford by Wolf Richter • Aug 1, 2017 • 76 Comments But not every automaker got crushed.
Hertz “RESCINDED” Fake Promises to Investors, Shares plunge by Wolf Richter • Aug 1, 2017 • 66 Comments It didn’t even bother explaining why. Investors are left to their own devices to figure it out.
Brick & Mortar Retail Meltdown Fueled by Asset Stripping. Details Emerge in Bankruptcy Courts by Wolf Richter • Jul 31, 2017 • 59 Comments PE firms win again. Stiffed creditors not amused in bankruptcy court.
Uber, Lyft Mangle Rental Cars & Taxis. Other Sectors Next by Wolf Richter • Jul 30, 2017 • 56 Comments But Uber’s growth among business travelers got lumpy.
It Just Doesn’t Let Up with Wells Fargo by Wolf Richter • Jul 29, 2017 • 90 Comments New scandal: another 570,000 (800,000?) customers become victims.
P&G Slashed Digital Ad Spending. This is What Happened Next by Wolf Richter • Jul 28, 2017 • 131 Comments Procter & Gamble got tired of feeding an opaque, slimy industry of bots and fake clicks.
Markets Relax Merrily on a Powerful Time Bomb by Wolf Richter • Jul 27, 2017 • 59 Comments Magnitude is unknown but huge. Brokerages push it to new heights.
“Junk Equity” Comes to Haunt $30-billion Startup by Wolf Richter • Jul 26, 2017 • 53 Comments Snap Inc. tried to turn Big Investors into zombies. It didn’t work.
Risk has been Abolished, According to Institutional Investors by Wolf Richter • Jul 26, 2017 • 47 Comments Why? Wall Street sells “more financial products and generates more profits when investors are bullish.”
